NOT LISTED FOR SALE

Estimated Value: $503,030 - $625,000

4 Beds
2 Baths
1,632 Sq Ft
$343/Sq Ft Est. Value

Last Sold February 06, 2014

Last sale price $275,000 $169 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $3,224/month

139 Days on Market

Highlights

  • No HOA
  • Rocklin Elementary School Rated A
  • 1-Story Property

About This Home

As of February 2014

Clean Rocklin duplex available with built in tenants. Each unit boast 2 bedrooms, 1 bath, separate 1 car garage with individual laundry hook ups. Duplex is close to I80, shopping, Sierra College and walking distance to desirable Rocklin elementary school and parks making these units easy to rent. Both units have long term tenants each on month to month lease. Rent o meter show's average 2 bedroom rents in the area at over $1,000 each. Units have fenced yards and one has RV access.

Last Agent to Sell the Property

Scott Milligan

Park West Realtors License #01280017 Listed on: 08/21/2013

Last Buyer's Agent

Dennis Dement

Coldwell Banker Realty License #01114422

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,666

Year Built

  • Built in 1965

Lot Details

  • 7,588

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Composition Roof

Additional Features

  • 1-Story Property
  • 7,588 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for cable tv electricity gas water see remarks
  • Assessor Parcel Number 010-135-013-000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Rocklin Subdivision

Building Details

  • 2 Leased Units
  • 2 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,666

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1965
  • Architectural Style: Ranch
  • Stories: 1
  • Subdivision: Rocklin
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Electric Cook Top,Free Standing Electric Oven
  • Other Equipment: Varies by Unit
  • Flooring: Carpet,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Brick,Frame,Stucco,Wood
  • Disclosures/Documents: Rental/Lease Agmts,Structural Pest Control Report,Transfer Disclosure Statement
  • Listing Price: 278900.00
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage,Street

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Cooling: Ceiling Fan(s),Evaporative Cooler
  • Heating: Natural Gas,Wall Furnace

Condo/Co-op/Association

  • Association Features: RV/Boat Storage,Yard Space
  • Association: No

Schools

  • Senior High School District: Rocklin Unified

Lot Info

  • Zoning Description: Residential
  • Lot Size Acres: 0.1742
  • Lot Size Sq Ft: 7588

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas,Water,See Remarks
  • Total # Leasable: 2

Multi Family

  • Income Includes: Rent Only
  • Number of Leased Units: 2
  • Number of Month to Month Units: 2
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 010-135-013-000
  • Current RE Taxes: 1666

MLS Schools

  • School District (County): Placer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 13, 2016
Sold by
Hamrick Leland and Blakeslee Rachelle A
Bought by
Hamrick Leland
Current Estimated Value
$559,508

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,600
Outstanding Balance
$191,936
Interest Rate
3.68%
Mortgage Type
New Conventional
Estimated Equity
$367,572

Purchase Details

Listed on
Aug 21, 2013
Closed on
Feb 4, 2014
Sold by
Palmer John C and Palmer Susan L
Bought by
Hamrick Leland and Blakeslee Rachelle A
Seller's Agent
Scott Milligan
Park West Realtors
Buyer's Agent
Dennis Dement
Coldwell Banker Realty
List Price
$300,000
Sold Price
$275,000
Premium/Discount to List
-$25,000
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.10%
Original Mortgage
$270,019
Interest Rate
3.49%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 16, 2010
Sold by
Palmer John Charles and Palmer Susan Lynn
Bought by
Palmer John C and Palmer Susan L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hamrick Leland -- Stewart Title
Hamrick Leland $275,000 Old Republic Title Company
Palmer John C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hamrick Leland $241,600
Closed Hamrick Leland $270,019
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/06/2014 02/06/14 Sold $275,000 -8.3% $169 / Sq Ft
01/07/2014 01/07/14 Pending -- -- --
08/21/2013 08/21/13 For Sale $300,000 -- $184 / 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 $3,819 $352,034 $75,034 $277,000
2023 $3,819 $338,366 $72,121 $266,245
2022 $3,694 $331,732 $70,707 $261,025
2021 $3,653 $325,228 $69,321 $255,907
2020 $3,647 $321,894 $68,611 $253,283
2019 $3,596 $315,583 $67,266 $248,317
2018 $3,503 $309,397 $65,948 $243,449
2017 $3,505 $303,331 $64,655 $238,676
2016 $3,263 $284,770 $51,776 $232,994
2015 $3,222 $280,494 $50,999 $229,495
2014 $1,706 $139,683 $32,480 $107,203
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 13049630

MetroList

APN: 010-135-013