NOT LISTED FOR SALE
6 Beds
4 Baths
2,442 Sq Ft
8,610 Sq Ft Lot

Sale Details

Date Sold: October 14, 2021

Last sale price $541,500 $222 Per Sq Ft

55 Days on Market

Highlights

  • Contemporary Architecture
  • 4 Car Attached Garage
  • Laundry closet
  • Vaulted Ceiling
  • Patio
  • Landscaped

About This Home

As of October 2021

Excellent turn-key investment. A great opportunity to own a duplex in beautiful centrally located Quail Lakes. Located on a quiet cul-de-sac, both units have 3 bedrooms, 2 full baths, 2-car garages, and feature spacious Living Rooms w/ cozy fireplaces, Master Suites, & inside laundries. Durable long lasting tile roofs & low maintenance yards. Tenants pay ALL utilities. Close to everything; award winning schools, shopping & parks. PLEASE DO NOT DISTURB THE TENANTS. All units are rented. Total annual rents are $36,912. GRM is 15.6 & Cap Rate is 6.4. Similar units in the neighborhood recently rented for $1,995 per month! Potential annual rents of $47,880 with a GRM of 12.0 and 8.3% Cap Rate! A fantastic investment opportunity. A portfolio of up to 14 duplex are available in beautiful centrally located Quail Lakes.

Last Agent to Sell the Property

Greg Batchelder

Windermere Signature Properties El Dorado Hills/Folsom License #01321061 Listed on: 08/10/2021

Windermere Signature Properties El Dorado Hills/Folsom

Last Buyer's Agent

Cheryl Cardamon

1 Percent Lists Smart Rate Realty License #01951147

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

Lot Details

  • 8,610 Sq Ft Lot
  • Landscaped
  • Level Lot
  • Sprinklers on Timer

HOA Fees

  • $29 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Inside Entrance
  • Garage Door Opener

Home Design

  • Duplex
  • Contemporary Architecture
  • Planned Development
  • Slab Foundation
  • Frame Construction
  • Blown Fiberglass Insulation
  • Ceiling Insulation
  • Tile Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Vaulted Ceiling

Kitchen

  • Free-Standing Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Linoleum
  • Laminate

Laundry

  • Laundry closet
  • Washer and Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Mini Split Air Conditioners
  • Mini Split Heat Pump
  • Heating System Uses Natural Gas
  • 220 Volts
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity, sewer, gas, trash collection, water
  • Assessor Parcel Number 108-050-19

Community Details

Overview

  • Association fees include 0
  • 2 Units
  • Quail Lakes Association, Phone Number (209) 472-3485
  • Quail Lakes Subdivision
  • Mandatory home owners association

Building Details

  • 2 Leased Units
  • 2 Units Leased Month-To-Month
  • Net Operating Income $36,912

Property Details

Home Type

Multi-Family

Year Built

Built in 1978

Lot Details

8,610 Sq Ft Lot

HOA Fees

$29 per month

Parking

4

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Planned Unit Develop
  • Property Subtype 1: Duplex
  • Stories: 1
  • Year Built: 1978
  • Architectural Style: Contemporary
  • Levels: One
  • Stories: 1
  • Subdivision: QUAIL LAKES
  • Number of Three Bedroom Units: 2
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Gas Water Heater, Dishwasher, Disposal, Free Standing Electric Range
  • Interior Amenities: Vaulted Ceiling(s)
  • Flooring: Carpet, Laminate, Linoleum
  • Price Per Square Foot: 221.74

Exterior Features

  • Construction Materials: Ceiling Insulation, Frame, Wall Insulation, Wood, Wood Siding
  • Disclosures/Documents: Natural Hazard Disclosure Available
  • Foundation: Slab
  • Listing Price: 575000.00
  • Lot Features: Auto Sprinkler F&R, Curbs/Gutters, Sidewalk, Landscape Back, Landscape Front
  • Patio And Porch Features: Uncovered Patio, Varies by Unit
  • Roof: Tile
  • Topography: Level

Garage/Parking

  • Open Parking Spaces: 4.00
  • Covered Parking Spaces: 4.00
  • Garage Spaces: 4.00
  • Parking Features: Attached, Garage, Garage Door Opener, Interior Access
  • Total Parking Spaces: 8.00

Utilities

  • Security: Carbon Mon Detector, Double Strapped Water Heater, Smoke Detector
  • Sewer: In & Connected
  • Utilities: Natural Gas Connected
  • Cooling: Separate, Central
  • Electric: 220 Volts
  • Heating: Central, Separate, Natural Gas
  • Laundry Features: In Each Unit, Varies by Unit, Laundry Closet, Washer/Dryer Hookups
  • Water Source: Meter on Site, Public
  • Separate Meters: Electricity,Gas,See Remarks

Condo/Co-op/Association

  • Association Features: None
  • Association Fee: 353
  • Association Fee Frequency: Annually
  • Association Fee Includes: 0
  • Association Name: QUAIL LAKES
  • Association Phone: (209) 472-3485
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Mandatory Association: Yes

Schools

  • Senior High School District: Stockton Unified

Lot Info

  • Zoning Description: RES
  • Irrigation: None
  • Lot Size Acres: 0.1977
  • Lot Size Sq Ft: 8610.00

Rental Info

  • Tenant Pays: Electricity, Sewer, Gas, Trash Collection, Water, See Remarks
  • Lease Term: Month To Month
  • Total # Leasable: 2

Multi Family

  • Income Includes: Rent Only,See Remarks,Other
  • Number of Leased Units: 2
  • Number of Month to Month Units: 2
  • Number of Units: 2
  • Units Furnished: None
  • Three Bedrooms Occupied: 2

Tax Info

  • Assessor Parcel Number: 108-050-19
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): San Joaquin

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/14/2021 10/14/21 Sold $541,500 -9.0% $222 / Sq Ft
10/04/2021 10/04/21 Pending -- -- --
08/10/2021 08/10/21 For Sale $595,000 -- $244 / Sq Ft
Source: MetroList

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Map

Source: MetroList

MLS Number: 221097430

MetroList
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