NOT LISTED FOR SALE

2727 El Parque Cir Rancho Cordova, CA 95670

Cordova Meadows Neighborhood

Estimated Value: $737,000 - $902,000

8 Beds
5 Baths
3,560 Sq Ft
$224/Sq Ft Est. Value

Last Sold August 27, 2021

Last sale price $795,000 $223 Per Sq Ft

Current estimated payment $5,034/month

91 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Central Heating and Cooling System
  • Fenced Yard
  • Energy-Efficient Appliances
  • Ceiling Fan

About This Home

As of August 2021

BACK ON THE MARKET NO FAULT TO SELLER!! Well maintained 4 unit apartment complex, located near public transportation, shopping and Highway 50. Walking distance from Mather Field Light Rail Station, the new Folsom Lake College campus & other amenities makes this a desirable property. All units were updated several years ago by the current owner. Rents currently below market with a potential 30% future upside. Each unit is almost 900 sf and has 2 beds & 1 bath and 1 car garage. 2 units upstairs and 2 downstairs. Large lot with decent size front and backyard. Also included in the sale is a separate lot in the back that can be used for pool or potentially sold off separately.

Last Agent to Sell the Property

Patsy Rogers

NorCal Properties License #01782278 Listed on: 05/04/2021

Last Buyer's Agent

Rachel Zillner

Amen Real Estate License #02054844

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,275

Year Built

  • Built in 1964

Lot Details

  • 10,067 Sq Ft Lot
  • Lot Dimensions: 0.2311
  • Fenced Yard
  • Level Lot
  • Manual Sprinklers System

Parking

  • 4 Car Garage
  • 4 Open Parking Spaces

Home Design

  • Quadruplex
  • Concrete Foundation
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Free-Standing Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Appliances

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, gas, insurance
  • Assessor Parcel Number 075-0052-005-0000

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Sunnyvale 02 Subdivision

Amenities

  • Coin Laundry

Building Details

  • 4 Leased Units
  • 4 Units Leased Month-To-Month
  • Insurance Expense $2,451
  • Maintenance Expense $2,600
  • Professional Management Expense $3,760

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,275

Year Built

Built in 1964

Lot Details

0

Parking

4

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Apartments
  • Property Subtype 1: Quadruplex
  • Stories: 2
  • Year Built: 1964
  • Architectural Style: Other
  • Levels: One
  • Stories: 2
  • Subdivision: Sunnyvale 02
  • Number of Two Bedroom Units: 4
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Refrigerator, Dishwasher, Disposal, Free Standing Electric Range
  • Flooring: Tile, Laminate
  • Price Per Square Foot: 223.31

Exterior Features

  • Construction Materials: Wood Siding
  • Disclosures/Documents: Seller Property Questionnaire, Seller Subject to TDS
  • Exterior Features: Fenced Yard
  • Foundation: Concrete
  • Listing Price: 795000.00
  • Lot Features: Curbs/Gutters, Manual Sprinkler F&R
  • Property Condition: Varies by Unit
  • Roof: Shingle, Composition
  • Topography: Level

Garage/Parking

  • Open Parking Spaces: 4.00
  • Garage Spaces: 4.00
  • Parking Features: Garage
  • Total Parking Spaces: 8.00

Utilities

  • Security: Carbon Mon Detector, Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Electric, Cable Available, Natural Gas Connected
  • Cooling: Ceiling Fan(s), Central
  • Heating: Central
  • Laundry Features: Coin Operated, In Common Area
  • Water Source: Meter Paid, Public
  • Utilities Expenses: 7904
  • Separate Meters: Common Area Meter,Electricity

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Folsom-Cordova

Lot Info

  • Zoning Description: RD 20
  • Irrigation: Public District
  • Lot Size Acres: 0.2311
  • Lot Dimensions: 0.2311
  • Lot Size Sq Ft: 10067.00
  • ResoLotSizeUnits: Acres

Green Features

  • Energy Efficient: Appliances

Rental Info

  • Tenant Pays: Electricity, Gas, Insurance
  • Lease Term: Month To Month
  • Total # Leasable: 4

Multi Family

  • Income Includes: Coin Operated Equipment
  • Insurance Expense: 2451
  • Maintenance Expense: 2600
  • Number of Leased Units: 4
  • Number of Month to Month Units: 4
  • Number of Units: 4
  • Units Furnished: None
  • Two Bedroom Annual Occupancy: 100
  • Two Bedrooms Occupied: 4
  • 1 Bedroom Rent Range: 0
  • Two Bedroom Rent Range: $1095-$1295
  • Three Bedroom Rent Range: 0
  • Four Bedroom Rent Range: 0
  • Studio Rent Range: 0

Tax Info

  • Assessor Parcel Number: 075-0052-005-0000
  • Current RE Taxes: 4275
  • Bonds/Assessments/Taxes Description: Transfer Tax County,Transfer Tax City
  • Bonds/Assessments/Taxes: Yes

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2021
Closed on
Aug 25, 2021
Sold by
Arora and Rachna
Bought by
Alves Lee Family Trust
Seller's Agent
Patsy Rogers
NorCal Properties
Buyer's Agent
Rachel Zillner
Amen Real Estate
Sold Price
$795,000
Current Estimated Value
$795,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$667
Avg. Annual Appreciation
-0.56%
Original Mortgage
$596,250
Outstanding Balance
$543,724
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$233,276

Purchase Details

Listed on
Sep 19, 2015
Closed on
Jan 7, 2016
Sold by
Rodriquez Ivan
Bought by
Rodriguez Laura Ann
Seller's Agent
Donna Moon
Coldwell Banker Realty
Buyer's Agent
Sandeep Arora
L2 Properties
List Price
$398,000
Sold Price
$307,000
Premium/Discount to List
-$91,000
-22.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.38%
Original Mortgage
$228,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Sep 19, 2015
Closed on
Dec 23, 2015
Sold by
Rodriguez Laura Ann
Bought by
Arora Sandeep and Arora Rachna
Seller's Agent
Donna Moon
Coldwell Banker Realty
Buyer's Agent
Sandeep Arora
L2 Properties
List Price
$398,000
Sold Price
$307,000
Premium/Discount to List
-$91,000
-22.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Mar 21, 2014
Closed on
Apr 11, 2014
Sold by
Richardson Charles and Richardson Kimberly
Bought by
Rodriguez Laura Ann
Seller's Agent
Daniel Wakabayashi
Windermere Signature Properties Downtown
Buyer's Agent
Angel Luis Hernandez
HomeSmart Optima Realty, Inc
List Price
$399,000
Sold Price
$380,000
Premium/Discount to List
-$19,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-11.60%

Purchase Details

Closed on
Jul 9, 2008
Sold by
Wachovia Mortgage Fsb
Bought by
Richardson Charles and Richardson Kimberley

Purchase Details

Closed on
Jun 4, 2008
Sold by
Bonilla Auria
Bought by
Wachovia Mortgage Fsb and World Savings Bank Fsb

Purchase Details

Closed on
Jul 18, 2007
Sold by
Bonilla Auria
Bought by
Bonilla Auria and Sanchez Sylvia

Purchase Details

Closed on
May 19, 2004
Sold by
Dunn Patricia J and Dunn Maurice
Bought by
Bonilla Auria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,000
Interest Rate
5.77%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jun 16, 2000
Sold by
Layher Shane L and Layher Nancy L
Bought by
Dunn Maurice and Dunn Patricia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,100
Interest Rate
8.67%

Purchase Details

Closed on
Dec 29, 1998
Sold by
Layher Shane L and Layher Nancy L
Bought by
Layher Shane Lee and Layher Nancy Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,606
Interest Rate
6.82%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 27, 1993
Sold by
Layher Shane Lee and Layher Nancy Lee
Bought by
Layher Shane Lee and Layher Nancy Lee
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
Alves Lee Family Trust $795,000 Orange Coast Title
Rodriguez Laura Ann -- Placer Title Company
Arora Sandeep $307,000 Placer Title Company
Rodriguez Laura Ann -- Chicago Title Company
Richardson Charles $250,000 Fidelity National Title Co
Wachovia Mortgage Fsb $270,600 First American Title Company
Bonilla Auria -- None Available
Bonilla Auria $520,000 Fidelity National Title Co
Dunn Maurice $190,000 Alliance Title Company
Layher Shane Lee -- Commonwealth Land Title Co
Layher Shane L -- Commonwealth Land Title Co
Layher Shane Lee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alves Lee Family Trust $596,250
Previous Owner Arora Sandeep $228,000
Previous Owner Bonilla Auria $364,000
Previous Owner Dunn Maurice $250,000
Previous Owner Dunn Maurice $176,100
Previous Owner Layher Shane L $45,000
Previous Owner Layher Shane L $79,606
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2021 08/27/21 Sold $795,000 0.0% $223 / Sq Ft
08/13/2021 08/13/21 Off Market $795,000 -- --
08/03/2021 08/03/21 Pending -- -- --
07/16/2021 07/16/21 For Sale -- -- --
07/05/2021 07/05/21 Off Market $795,000 -- --
06/05/2021 06/05/21 Pending -- -- --
05/04/2021 05/04/21 For Sale $799,000 +160.3% $224 / Sq Ft
01/08/2016 01/08/16 Sold $307,000 -22.9% $86 / Sq Ft
11/17/2015 11/17/15 Pending -- -- --
09/19/2015 09/19/15 For Sale $398,000 +4.7% $112 / Sq Ft
04/16/2014 04/16/14 Sold $380,000 -4.8% $107 / Sq Ft
04/08/2014 04/08/14 Pending -- -- --
03/18/2014 03/18/14 For Sale $399,000 -- $112 / 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 $9,543 $822,435 $212,241 $610,194
2024 $9,543 $806,310 $208,080 $598,230
2023 $9,355 $790,500 $204,000 $586,500
2022 $9,244 $775,000 $200,000 $575,000
2021 $4,084 $335,745 $76,553 $259,192
2020 $4,059 $332,304 $75,769 $256,535
2019 $3,994 $325,789 $74,284 $251,505
2018 $3,892 $319,402 $72,828 $246,574
2017 $3,795 $313,140 $71,400 $241,740
2016 $4,773 $393,145 $62,131 $331,014
2015 $4,417 $377,391 $61,198 $316,193
2014 $3,096 $241,610 $63,027 $178,583
Source: Public Records

Agents Affiliated with this Home

  • Patsy Rogers

    Seller's Agent in 2021

    Patsy Rogers

    NorCal Properties

    (916) 752-6730

    1 in this area

    21 Total Sales

    Patsy Rogers
    Section Image

  • R

    Buyer's Agent in 2021

    Rachel Zillner

    Amen Real Estate

    Section Image

  • D

    Seller's Agent in 2016

    Donna Moon

    Coldwell Banker Realty

    Section Image

  • S

    Buyer's Agent in 2016

    Sandeep Arora

    L2 Properties

  • D

    Seller's Agent in 2014

    Daniel Wakabayashi

    Lyon Real Estate

    (916) 425-9738

    1 in this area

    176 Total Sales

    Daniel Wakabayashi
    Section Image

  • A

    Buyer's Agent in 2014

    Angel Luis Hernandez

    HomeSmart Optima Realty, Inc

See All Agents

Map

Source: MetroList

MLS Number: 221045460

MetroList

APN: 075-0052-005

California Sacramento County Rancho Cordova 95670 Cordova Meadows

2727 El Parque Cir, Rancho Cordova, CA

This home is located at 2727 El Parque Cir, Rancho Cordova, CA 95670 since 04 May 2021 and is currently estimated at $795,667, approximately $223 per square foot. This property was built in 1964. 2727 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.

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