NOT LISTED FOR SALE

266 Oak Ave Galt, CA 95632

Estimated Value: $447,150 - $608,000

5 Beds
3 Baths
-- Sq Ft
9,975 Sq Ft Lot

Last Sold May 22, 2012

Last sale price $95,000

Est. 471% increase in value since last sale

Current estimated payment $2,996/month

46 Days on Market

Highlights

  • Contemporary Architecture
  • Central Heating and Cooling System
  • 1-Story Property
  • No HOA

About This Home

As of May 2012

An established 2-unit duplex investment property located close to schools, shopping and freeway access. Unit 1 includes 3 bedrooms and 2 baths with laminate flooring in the living room and a cozy fireplace. Unit 2 is a light fixer with 2 bedrooms and 1 bathroom. Both units have central heat & air and deep backyards with separate fencing. This would make a nice 2-family home or an investor rental property. Bank owned, sold As-Is. All reasonable offer will be considered. Please allow 2-3 business

Last Agent to Sell the Property

Carl Phillips

Carl Phillips, Broker License #01813205 Listed on: 02/29/2012

Co-Listed By

AJ Fernandez

Carl Phillips, Broker License #01821564

Last Buyer's Agent

Leanne Carillo

Parker Realty License #01214114

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,313

Year Built

  • Built in 1910

Lot Details

  • 9,975 Sq Ft Lot

Parking

  • 1 Parking Space Included

Home Design

  • Duplex
  • Contemporary Architecture
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Laminate Flooring
  • Free-Standing Gas Range

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 150-0112-044-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,313

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1910
  • Architectural Style: Contemporary
  • Stories: 1
  • Number of Two Bedroom Units: 1
  • Number of Three Bedroom Units: 1
  • Special Features: 20
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Range
  • Flooring: Laminate

Exterior Features

  • Construction Materials: Wood
  • Disclosures/Documents: CC&Rs,None
  • Listing Price: 116700.00
  • Roof: Composition

Garage/Parking

  • Parking Features: 1 Space Per Unit

Utilities

  • Utilities: Cable Available
  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: Yard Space
  • Association: No

Schools

  • Senior High School District: Galt Joint UHS

Lot Info

  • Zoning Description: R2
  • Lot Size Acres: 0.2290
  • Lot Dimensions: 00X00
  • Lot Size Sq Ft: 9975

Rental Info

  • Tenant Pays: See Remarks
  • Total # Leasable: 2

Multi Family

  • Income Includes: Rent Only
  • Existing Lease Type: See Remarks
  • Number of Units: 2
  • Number of Vacant Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 150-0112-044-0000

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 29, 2012
Closed on
Apr 29, 2012
Sold by
The Bank Of New York Mellon
Bought by
Lopez Francisco A
Seller's Agent
Carl Phillips
Carl Phillips, Broker
Buyer's Agent
Leanne Carillo
Parker Realty
List Price
$121,500
Sold Price
$95,000
Premium/Discount to List
-$26,500
-21.81%
Current Estimated Value
$542,383

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$447,383
Avg. Annual Appreciation
13.93%

Purchase Details

Closed on
Dec 6, 2011
Sold by
Mceachron Jason A and Mceachron Schaunna
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Jun 24, 2004
Sold by
Meyers William N and Meyers Velma P
Bought by
Mceachron Jason A and Mceachron Schaunna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,500
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 22, 1997
Sold by
Valentine Valerie
Bought by
Meyers William N and Meyers Velma P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,000
Interest Rate
7.42%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lopez Francisco A $95,000 Chicago Title Company
The Bank Of New York Mellon $108,126 Landsafe Title
Mceachron Jason A $285,000 Chicago Title Co
Meyers William N $120,000 Sacramento Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mceachron Jason A $256,500
Previous Owner Meyers William N $94,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2012 05/22/12 Sold $95,000 -21.8% --
04/13/2012 04/13/12 Pending -- -- --
02/27/2012 02/27/12 For Sale $121,500 -- --
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 $1,313 $119,313 $37,676 $81,637
2024 $1,313 $116,975 $36,938 $80,037
2023 $1,291 $114,682 $36,214 $78,468
2022 $1,239 $112,434 $35,504 $76,930
2021 $1,240 $110,230 $34,808 $75,422
2020 $1,230 $109,101 $34,452 $74,649
2019 $1,200 $106,963 $33,777 $73,186
2018 $1,198 $104,866 $33,115 $71,751
2017 $1,151 $102,811 $32,466 $70,345
2016 $1,106 $100,796 $31,830 $68,966
2015 $1,068 $99,283 $31,352 $67,931
2014 $1,065 $97,339 $30,738 $66,601
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 12013925

MetroList

APN: 150-0112-044