NOT LISTED FOR SALE

Estimated Value: $644,000 - $800,000

4 Beds
3 Baths
2,400 Sq Ft
$296/Sq Ft Est. Value

Last Sold July 13, 2020

Last sale price $565,000 $235 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $4,444/month

41 Days on Market

Highlights

  • No HOA
  • Central Heating
  • 1-Story Property
  • Rocklin Elementary School Rated A
  • 2 Car Garage

About This Home

As of July 2020

FANTASTIC INVESTMENT OPPORTUNITY to own TWO HOMES on one lot on a quiet street located in the heart of Rocklin with superb schools! Rent both or live in one and rent out the other! Each unit is approximately 1200 sf. Unit #1 is a 2 bed, 2 full bath, & sits over two 2-car garages w/a laundry room accessible to both units. This unit was totally rebuilt in 2011 due to a fire. It currently rents for $1,250 per mo which has not been raised since inception. Unit #2 is a 2 bed, 1 bath single family home that sits on the corner of E. Midas & Grove St. This unit currently rents for $1,450 per mo. Both units have potential for higher rent income than they're getting. The homes share a large fenced yard. Only blocks away from great dining, breakfast cafes, Quarry Park, Outstanding schools such as Rocklin Academy and the Gold Ribbon Rocklin Elementary School, great parks, police and fire, and easy access to fwys. Both units are currently rented with good, long-term tenants who would like to stay

Last Agent to Sell the Property

Selena Garner

Realty ONE Group Complete License #01356371 Listed on: 04/29/2020

Realty ONE Group Complete

Last Buyer's Agent

Selena Garner

Realty ONE Group Complete License #01356371 Listed on: 04/29/2020

Realty ONE Group Complete

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,699

Year Built

  • Built in 1966

Lot Details

  • 7,614

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Window Treatments
  • Free-Standing Electric Range

Additional Features

  • 7,614 Sq Ft Lot
  • Central Heating

Listing and Financial Details

  • Tenant pays for cable tv electricity gas sewer trash collection water
  • Assessor Parcel Number 010-095-001-000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 1 Unit Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,699

Year Built

Built in 1966

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1966
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2011

Interior Features

  • Appliances: Free Standing Electric Range
  • Flooring: Carpet,Laminate,Tile
  • Window Features: Window Coverings

Exterior Features

  • Construction Materials: Frame,Lap Siding,Stucco,Wood
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,None
  • Listing Price: 575000.00
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage
  • Total Parking Spaces: 4

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Sewer: Public Sewer
  • Cooling: Ceiling Fan(s),Central
  • Heating: Central
  • Water Source: Public

Condo/Co-op/Association

  • Association Features: Yard Space
  • Association: No

Schools

  • Senior High School District: Rocklin Unified

Lot Info

  • Zoning Description: Res
  • Lot Size Acres: 0.1748
  • Lot Size Sq Ft: 7614

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas,Sewer,Trash Collection,Water
  • Total # Leasable: 2

Multi Family

  • Gross Income: 32400
  • Income Includes: Rent Only
  • Number of Leased Units: 2
  • Number of Month to Month Units: 1
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 010-095-001-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Placer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2020
Closed on
Jul 8, 2020
Sold by
Petersen Flaviane F C and The Flaviane F C Petersen Fami
Bought by
Neill Jonathan O and Neill Jonathan O
Seller's Agent
Selena Garner
Realty ONE Group Complete
Buyer's Agent
Selena Garner
Realty ONE Group Complete
List Price
$599,000
Sold Price
$565,000
Premium/Discount to List
-$34,000
-5.68%
Current Estimated Value
$709,846

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,846
Avg. Annual Appreciation
4.60%
Original Mortgage
$452,000
Outstanding Balance
$402,586
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$307,260

Purchase Details

Closed on
Feb 27, 2015
Sold by
Petersen Eric C
Bought by
Petersen Flaviane F C

Purchase Details

Closed on
Feb 20, 2013
Sold by
Petersen Erik C and Petersen Flaviane F C
Bought by
Petersen Erik C

Purchase Details

Closed on
Jul 5, 2005
Sold by
Petersen Erik C and Petersen Flaviane F C
Bought by
Petersen Erik C and Petersen Flaviane F C

Purchase Details

Closed on
May 30, 2003
Sold by
Petersen Erik C and Petersen Flaviane F C
Bought by
Petersen Erik C and Petersen Flaviane F C

Purchase Details

Closed on
Jan 21, 2003
Sold by
Petersen Erik C and Petersen Flaviane F C
Bought by
Petersen Erik C and Petersen Flaviane F C

Purchase Details

Closed on
Apr 27, 2001
Sold by
Petersen Erik C
Bought by
Petersen Erik C and Petersen Flaviane F C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.89%

Purchase Details

Closed on
Apr 25, 1997
Sold by
Beneficial California Inc
Bought by
Petersen Erik C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,700
Interest Rate
7.86%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 20, 1997
Sold by
Keller Noah L
Bought by
Beneficial California Inc

Purchase Details

Closed on
Oct 26, 1995
Sold by
Keller Noah L
Bought by
Keller Noah Lawrence

Purchase Details

Closed on
Jul 28, 1994
Sold by
Keller Noah L
Bought by
Keller Noah L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
3.5%

Purchase Details

Closed on
Jul 25, 1994
Sold by
Keller Noah L
Bought by
Keller Noah Lawrence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
3.5%
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
Neill Jonathan O $565,000 Chicago Title Company
Petersen Flaviane F C -- Stewart Title
Petersen Erik C $1,818 None Available
Petersen Erik C -- Financial Title Company
Petersen Erik C -- Financial Title Company
Petersen Erik C -- Commonwealth Land Title Co
Petersen Erik C -- --
Petersen Erik C -- Commonwealth Land Title Co
Petersen Erik C $118,500 Commonwealth Land Title Ins
Beneficial California Inc $62,825 First American Title Co
Keller Noah Lawrence -- --
Keller Noah L -- Placer Title Company
Keller Noah Lawrence -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Neill Jonathan O $452,000
Previous Owner Petersen Erik C $168,750
Previous Owner Petersen Erik C $125,000
Previous Owner Petersen Erik C $23,800
Previous Owner Petersen Erik C $104,000
Previous Owner Petersen Erik C $104,000
Previous Owner Petersen Erik C $106,700
Previous Owner Keller Noah L $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2020 07/13/20 Sold $565,000 -1.7% $235 / Sq Ft
06/09/2020 06/09/20 Pending -- -- --
05/29/2020 05/29/20 Price Changed $575,000 -4.0% $240 / Sq Ft
04/29/2020 04/29/20 For Sale $599,000 -- $250 / 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 $6,699 $611,573 $162,364 $449,209
2023 $6,699 $514,000 $136,500 $377,500
2022 $6,457 $576,300 $153,000 $423,300
2021 $6,388 $565,000 $150,000 $415,000
2020 $2,098 $176,450 $74,450 $102,000
2019 $2,070 $172,991 $72,991 $100,000
2018 $2,018 $169,600 $71,560 $98,040
2017 $2,020 $166,275 $70,157 $96,118
2016 $1,964 $163,016 $68,782 $94,234
2015 $1,941 $160,568 $67,749 $92,819
2014 $1,288 $102,922 $66,422 $36,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 20024299

MetroList

APN: 010-095-001