NOT LISTED FOR SALE

39 W Church St Colfax, CA 95713

Estimated Value: $578,000 - $590,937

6 Beds
4 Baths
3,449 Sq Ft
$169/Sq Ft Est. Value

Last Sold October 14, 2021

Last sale price $615,000 $178 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $3,679/month

31 Days on Market

Highlights

  • A-Frame Home
  • Deck
  • Covered Patio or Porch
  • Colfax High School Rated A-
  • No HOA
  • Fenced Yard

About This Home

As of October 2021

Wow! First Time On Market! Great opportunity to own a 4-Plex in Historic downtown Colfax. Zoned Commercial & Residential Income. The possibilities are endless. Live in one unit, office in another & rent 2 units to pay your mortgage or Rent all 4 units for maximum potential. How about multi-generational family units?? Huge double lot (.322 acre), beautiful mature front landscaping w/auto sprinklers, plenty of tenant parking, alley access, additional ADU possible & ton of room for a garden. This 4-plex has Two 2bd/1bath units & Two 1bd/1bath units. Both 2b/r downstairs units have central heat & air, patio access & one unit has private 859 sqft basement. All units are roomy with large kitchens, bathrooms & bedrooms. 6% CAP Rate. Rents are currently under market value but w/some cosmetic updating, this investment will not disappoint. Walk to post ofc, shopping, restaurants, bank, & high rated schools. Just minutes to Rollins Lake Reservoir, 5 min to I80, 45 Sac, 1.5 to Reno.

Last Agent to Sell the Property

Tami Hampshire

Foothill Properties License #01745276 Listed on: 07/24/2021

Last Buyer's Agent

Damian Bautista

NextHome Apex Realty License #01882883

NextHome Apex Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,936

Year Built

  • Built in 1973

Lot Details

  • 0.32 Acre Lot
  • Fenced Yard
  • Landscaped
  • Level Lot

Home Design

  • Quadruplex
  • A-Frame Home
  • Combination Foundation
  • Raised Foundation
  • Frame Construction
  • Metal Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Free-Standing Electric Oven
  • Free-Standing Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Linoleum
  • Vinyl

Laundry

  • Laundry closet
  • Washer and Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 10 Parking Spaces
  • Guest Parking
  • On-Street Parking
  • Uncovered Parking
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Mini Split Air Conditioners
  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Heating System Uses Propane
  • 220 Volts
  • Propane
  • Property is located within a water district
  • Electric Water Heater
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 006-066-017-000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Leased Units
  • 1 Vacant Unit
  • 2 Units Leased Month-To-Month
  • Insurance Expense $2,901
  • Maintenance Expense $3,500
  • Net Operating Income $35,209

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,936

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Apartments,Live/Work,Mixed Use
  • Property Subtype 1: Quadruplex
  • Stories: 2
  • Year Built: 1973
  • Architectural Style: A-Frame
  • Levels: Two
  • Stories: 2
  • Number of One Bedroom Units: 2
  • Number of Two Bedroom Units: 2
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Refrigerator, Dishwasher, Disposal, Electric Cook Top, Electric Water Heater, Free Standing Electric Oven, Free Standing Electric Range
  • Flooring: Carpet, Vinyl, Linoleum
  • Basement: Unfinished, Full
  • Price Per Square Foot: 179.98
  • Window Features: Other

Exterior Features

  • Construction Materials: Frame, Wood, Wood Siding
  • Exterior Features: Fenced Yard, Yard Space
  • Foundation: Combination, ConcretePerimeter, Raised
  • Listing Price: 689000.00
  • Lot Features: Auto Sprinkler F&R, Curb(s), Shape Regular, Landscape Front
  • Patio And Porch Features: Balcony/Deck, Uncovered Deck, Covered Patio
  • Property Condition: Original
  • Roof: Metal
  • Topography: Level

Garage/Parking

  • Parking Features: Off Street, Street, Uncovered, Varies by Unit, Guest Parking Available
  • Total Parking Spaces: 10.00

Utilities

  • Security: Carbon Mon Detector, Smoke Detector
  • Sewer: In & Connected, Public Sewer
  • Utilities: Propane, Cable Connected, Dish Antenna, Internet Available
  • Cooling: Ceiling Fan(s), Central, Wall Unit(s), Varies by Unit, Individual
  • Electric: 220 Volts
  • Heating: Central, Propane, Electric, Wall Furnace, Varies by Unit
  • Laundry Features: Washer/Dryer Owned, Varies by Unit, Laundry Closet, Washer/Dryer Hookups
  • Water Source: Water District, Public
  • Utilities Expenses: 11054
  • Separate Meters: Electricity,Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Placer Union High

Lot Info

  • Zoning Description: Res
  • Irrigation: None
  • Lot Size Acres: 0.3225
  • Lot Size Sq Ft: 14048.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas
  • Lease Term: Month To Month
  • Owner Occupied Units: 1
  • Total # Leasable: 4

Multi Family

  • Gross Income: 54600
  • Income Includes: Rent Only
  • Insurance Expense: 2901
  • Maintenance Expense: 3500
  • Number of Leased Units: 2
  • Number of Month to Month Units: 2
  • Number of Units: 4
  • Number of Vacant Units: 1
  • Units Furnished: None
  • One Bedrooms Occupied: 2
  • Two Bedrooms Occupied: 1
  • 1 Bedroom Rent Range: 1050-1300
  • Two Bedroom Rent Range: 1350-1600

Tax Info

  • Assessor Parcel Number: 006-066-017-000
  • Current RE Taxes: 1936
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Placer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2021
Closed on
Oct 1, 2021
Sold by
Rippetoe Rita
Bought by
Frankel Deborah Jane
Seller's Agent
Tami Hampshire
Foothill Properties
Buyer's Agent
Damian Bautista
NextHome Apex Realty
List Price
$689,000
Sold Price
$615,000
Premium/Discount to List
-$74,000
-10.74%
Current Estimated Value
$584,469

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$30,531
Avg. Annual Appreciation
-0.30%

Purchase Details

Listed on
Jul 24, 2021
Closed on
Sep 30, 2021
Sold by
Harvey Donald E and Harvey Nancy J
Bought by
Frankel Deborah Jane
Seller's Agent
Tami Hampshire
Foothill Properties
Buyer's Agent
Damian Bautista
NextHome Apex Realty
List Price
$689,000
Sold Price
$615,000
Premium/Discount to List
-$74,000
-10.74%

Purchase Details

Closed on
Jul 28, 2005
Sold by
Harvey William L and Harvey Petra L
Bought by
Harvey William L and Harvey Petra L

Purchase Details

Closed on
Mar 29, 1999
Sold by
Harvey William L and Harvey Donald E
Bought by
Harvey William L and Harvey Petra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,000
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage
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
Frankel Deborah Jane -- Stewart Title Of Placer
Frankel Deborah Jane $615,000 Stewart Title Of Placer
Harvey William L -- --
Harvey William L -- --
Harvey Donald E -- --
Harvey Donald E -- --
Harvey William L -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frankel Deborah Jane $100,000
Previous Owner Harvey William L $111,070
Previous Owner Harvey William L $146,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2021 10/14/21 Sold $615,000 -10.7% $178 / Sq Ft
08/24/2021 08/24/21 Pending -- -- --
07/24/2021 07/24/21 For Sale $689,000 -- $200 / 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 $5,925 $597,000 $174,700 $422,300
2023 $5,925 $183,093 $43,000 $140,093
2022 $2,002 $188,950 $44,400 $144,550
2021 $1,959 $185,246 $43,530 $141,716
2020 $1,936 $183,347 $43,084 $140,263
2019 $1,898 $179,753 $42,240 $137,513
2018 $1,832 $176,229 $41,412 $134,817
2017 $2,052 $172,774 $40,600 $132,174
2016 $2,014 $169,387 $39,804 $129,583
2015 $1,973 $166,844 $39,207 $127,637
2014 $1,950 $163,576 $38,439 $125,137
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 221090658

MetroList

APN: 006-066-017