NOT LISTED FOR SALE

2625 El Parque Cir Rancho Cordova, CA 95670

Cordova Meadows Neighborhood

Estimated Value: $675,000 - $796,996

8 Beds
4 Baths
3,200 Sq Ft
$237/Sq Ft Est. Value

Last Sold November 19, 2020

Last sale price $624,500 $195 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $4,702/month

12 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Community Storage Space

About This Home

As of November 2020

Great income producing property! This Fourplex generates $55,080 of gross income annually. Each unit is a 2x1 with a 1 car garage and additional driveway parking. Shared laundry that is additional income potential. Some of the units have ceramic tile bathrooms and kitchens and carpet throughout. Convenient location and close to highway and shopping centers.

Last Agent to Sell the Property

Jennifer Michon

Arrowhead Housing Inc. License #01881666 Listed on: 09/22/2020

Co-Listed By

Jennifer Garcia

Arrowhead Housing Inc. License #01989842

Last Buyer's Agent

Brent Allee

Keller Williams Realty License #01327767

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,105

Year Built

  • Built in 1964

Lot Details

  • 9,845 Sq Ft Lot

Parking

  • 4 Open Parking Spaces
  • 4 Car Garage
  • 1 Parking Space Included

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Leased Washer and Dryer

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable tv electricity gas see remarks
  • Assessor Parcel Number 075-0052-015-0000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Additional Features

  • Community Storage Space
  • 4 Leased Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,105

Year Built

Built in 1964

Lot Details

0

Parking

4

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1964
  • Stories: 2
  • Number of Two Bedroom Units: 4
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Electric Oven,Built-In Electric Range,Dishwasher,Disposal,Free Standing Refrigerator,Solar Water Heater
  • Other Equipment: None
  • Flooring: Carpet,Tile,Varies by Unit,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Frame,Shingle Siding,Stucco
  • Disclosures/Documents: Rental/Lease Agmts,See Remarks
  • Listing Price: 624500.00
  • Roof: Composition
  • View Description: Other

Garage/Parking

  • Open Parking Spaces: 4
  • Garage Spaces: 4
  • Parking Features: Garage,1 Space Per Unit

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Cooling: Central
  • Heating: Central
  • Laundry Features: Washer/Dryer Leased
  • Water Source: Public

Condo/Co-op/Association

  • Association Features: Extra Storage
  • Association: No

Schools

  • Senior High School District: Folsom-Cordova

Lot Info

  • Zoning Description: RD20
  • Lot Size Acres: 0.2260
  • Lot Size Sq Ft: 9845

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas,See Remarks
  • Total # Leasable: 4

Multi Family

  • Gross Income: 55080
  • Income Includes: Coin Operated Equipment,Laundry,Rent Only,See Remarks
  • Number of Leased Units: 4
  • Number of Units: 4
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 075-0052-015-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2020
Closed on
Nov 16, 2020
Sold by
Price Diane and Estate Of Mark Allen Slater
Bought by
Safari Verdiana
Seller's Agent
Jennifer Michon
Arrowhead Housing Inc.
Buyer's Agent
Brent Allee
Keller Williams Realty
List Price
$624,500
Sold Price
$624,500
Current Estimated Value
$759,499

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,999
Avg. Annual Appreciation
3.83%
Original Mortgage
$468,375
Outstanding Balance
$403,858
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$345,819
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Safari Verdiana $624,500 Placer Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Safari Verdiana $468,375
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2020 11/19/20 Sold $624,500 0.0% $195 / Sq Ft
10/04/2020 10/04/20 Pending -- -- --
09/22/2020 09/22/20 For Sale $624,500 -- $195 / Sq Ft
Source: MetroList

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,105 $675,976 $162,364 $513,612
2024 $8,105 $662,723 $159,181 $503,542
2023 $7,945 $649,729 $156,060 $493,669
2022 $7,846 $636,990 $153,000 $483,990
2021 $7,694 $624,500 $150,000 $474,500
2020 $3,998 $309,134 $77,269 $231,865
2019 $3,933 $303,073 $75,754 $227,319
2018 $3,833 $297,131 $74,269 $222,862
2017 $3,542 $274,425 $68,605 $205,820
2016 $3,083 $242,855 $60,713 $182,142
2015 $2,720 $220,778 $55,194 $165,584
2014 $2,786 $208,281 $52,070 $156,211
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Michon

    Seller's Agent in 2020

    Jennifer Michon

    Arrowhead Housing Inc.

    (209) 259-2406

    1 in this area

    4 Total Sales

    Jennifer Michon
    Section Image

  • J

    Seller Co-Listing Agent in 2020

    Jennifer Garcia

    Arrowhead Housing Inc.

    Section Image
  • Brent Allee

    Buyer's Agent in 2020

    Brent Allee

    Keller Williams Realty

    (916) 432-0600

    2 in this area

    35 Total Sales

    Brent Allee
    Section Image
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Map

Source: MetroList

MLS Number: 20056923

MetroList

APN: 075-0052-015

California Sacramento County Rancho Cordova 95670 Cordova Meadows

2625 El Parque Cir, Rancho Cordova, CA

This home is located at 2625 El Parque Cir, Rancho Cordova, CA 95670 since 22 September 2020 and is currently estimated at $759,499, approximately $237 per square foot. This property was built in 1964. 2625 El Parque Cir is a home located in Sacramento County with nearby schools including Cordova Meadows Elementary School, Mills Middle School, and Cordova High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MetroList IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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