$1,700,000
SOLD APR 30, 2025

3158 Big Cut Rd Placerville, CA 95667

3 Beds
3 Baths
8,198 Sq Ft
0.53 Acres

Recently Sold

$207 Per Sq Ft

6% Below List Price

9 Days on Market

Highlights

  • Downtown View
  • Double Pane Windows
  • Central Heating and Cooling System
  • No HOA
  • Landscaped
  • 3-minute walk to Benham Park

About This Home

As of April 2025

1988/1989 Vintage With Significant Reinvestment Form Current Ownership. 880 SF Average Unit Size Consisting of (4) One-Bedroom One-Bathroom and (5) Two-Bedroom Floor Plans. Walking Distance to Downtown Placerville. High Barrier to Entry Market With Low Transaction Velocity . Renovated Two-Bedroom Floor Plans With Similar Square Footage Nearby Have Achieved Upwards of $1,800. Features Two Laundry Facilities and Covered Parking for Select Units.

Last Agent to Sell the Property

Isaac Merritt

ALIVE Commercial Real Estate License #02153945 Listed on: 03/12/2025

Last Buyer's Agent

Non-MLS Member

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1988

Lot Details

  • 0.53 Acre Lot
  • Landscaped

Home Design

  • Garden Apartment
  • Concrete Foundation
  • Slab Foundation
  • Lap Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 8,198 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Downtown Views
  • Gas Cooktop

Flooring

  • Carpet
  • Laminate
  • Vinyl

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 16 Parking Spaces
  • Carport
  • Open Parking
  • Off-Street Parking

Utilities

  • Central Heating and Cooling System
  • Dual Heating Fuel
  • Separate Meters
  • Propane
  • Property is located within a water district

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 003-191-012-000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 9 Units

Amenities

  • Laundry Facilities

Building Details

  • 9 Leased Units
  • 1 Unit Leased Month-To-Month
  • Net Lease
  • Operating Expense $66,371
  • Net Operating Income $97,321

Property Details

Home Type

Multi-Family

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Subtype Description: Apartments, Garden Apartments
  • Property Subtype 1: 5 or More Units
  • Year Built: 1988
  • Stories: 2
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Gas Cook Top, Dual Fuel
  • Flooring: Carpet, Laminate, Vinyl
  • Price Per Square Foot: 207.37
  • Square Footage: 8198.00
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Lap Siding
  • Foundation: Slab, Concrete
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 1800000.00
  • Lot Features: Sidewalk, Landscape Back, Landscape Front
  • New Construction: No
  • Pool: No
  • Spa: No
  • View Description: Downtown

Garage/Parking

  • Parking Features: Off Street, Open, Carport, Covered
  • Total Parking Spaces: 16.00

Utilities

  • Security: Carbon Mon Detector, Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Propane, Electric
  • Cooling: Central
  • Heating: Central
  • Laundry Features: Washer/Dryer Owned
  • Water Source: Water District, Public
  • Separate Meters: Electricity, Gas

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: El Dorado Union High

Lot Info

  • Zoning: R2
  • Irrigation: Public District
  • Lot Size Acres: 0.5300
  • Lot Size Sq Ft: 23087.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas
  • Lease Expiration Date: 1800-01-011800-01-01
  • Lease Type: Net

Multi Family

  • Operating Expense: 66371
  • Income Includes: ["Coin Operated Equipment","Laundry"]
  • Number of Leased Units: 9
  • Number of Month to Month Units: 1
  • Number of Units: 9
  • Vacancy Factor: 3

Tax Info

  • Assessor Parcel Number: 003-191-012-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): El Dorado

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/30/2025 04/30/25 Sold $1,700,000 -5.6% $207 / Sq Ft
03/21/2025 03/21/25 Pending -- -- --
03/12/2025 03/12/25 For Sale $1,800,000 +53.2% $220 / Sq Ft
11/15/2016 11/15/16 Sold $1,175,000 -6.0% $294 / Sq Ft View Prior Sale
08/20/2016 08/20/16 Pending -- -- --
03/30/2016 03/30/16 For Sale $1,250,000 -- $313 / Sq Ft
Source: MetroList

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 225029821

MetroList

APN: 003-191-12-100