NOT LISTED FOR SALE

4908 Gastman Way Fair Oaks, CA 95628

Fair Oaks Area
7 Beds
10 Baths
6,043 Sq Ft
0.78 Acre Lot

Sale Details

Date Sold: February 23, 2022

Last sale price $1,500,000 $248 Per Sq Ft

153 Days on Market

Highlights

  • 0.78 Acre Lot
  • Wood Flooring
  • Garden
  • Private Lot
  • Fireplace
  • Ceiling Fan

About This Home

As of February 2022

Extraordinarily cared for and well maintained 7 unit garden style apartment complex. 100% occupied with 4 2bed/1bath units and 3 1bed/1bath units.

Last Agent to Sell the Property

Gianni Lamperti

W Real Estate License #02142233 Listed on: 08/12/2021

W Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1935 | Remodeled

Lot Details

  • 33,977 Sq Ft Lot
  • Private Lot
  • Garden

Home Design

  • Concrete Foundation

Interior Spaces

  • 7 Bedrooms
  • 6,043 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Fireplace
  • Carbon Monoxide Detectors

Flooring

  • Wood
  • Laminate
  • Tile
  • Vinyl

Parking

  • 7 Parking Spaces
  • Uncovered Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Separate Meters
  • Natural Gas Connected
  • Individual Gas Meter
  • Separate Water Meter
  • Water Heater
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 242-0440-017-0000

Community Details

Overview

  • 2 Buildings
  • 7 Units

Additional Features

  • Laundry Facilities
  • Gross Income $91,980

Property Details

Home Type

Multi-Family

Year Built

Built in 1935 | Remodeled

Lot Details

0.78 Acres

Listing Details

  • Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments
  • Directions To Property: Located off of Sunrise and Sunset Ave.
  • Lot Size Acres: 0.7800
  • Stories: 2
  • CapRate: 4.00
  • Signs: No
  • Special Features: None

Interior Features

  • Flooring: Tile, Laminate, Vinyl, Wood
  • Price Per Square Foot: 248.22
  • Square Footage: 6043.00
  • NumberOfBuildings: 2

Exterior Features

  • Foundation: Concrete
  • Lot Features: Private, Garden
  • Property Condition: Updated/Remodeled

Garage/Parking

  • Parking Features: Uncovered
  • Total Parking Spaces: 7.00

Utilities

  • Cooling: Ceiling Fan(s), Wall Unit(s)
  • Security Features: Carbon Mon Detector, Double Strapped Water Heater
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, Cable Connected, City, Internet Available
  • Water Source: Public
  • Heating: Fireplace(s), Varies By Unit
  • Laundry Features: In Common Area, Varies By Unit
  • Separate Meters: Electricity, Gas, Water

Schools

  • Middle/Junior School District: Sacramento Unified

Lot Info

  • Assessor Parcel Number: 242-0440-017-0000
  • Lot Size Sq Ft: 33977.00

Rental Info

  • TenantPays: Cable TV, Electricity, Gas

Building Info

  • Year Built: 1935

Multi Family

  • Number of 1 Bedroom Units: 3
  • NumberOfUnitsTotal: 7

MLS Schools

  • Senior High School District: Sacramento Unified
  • School District (County): Sacramento

Ownership 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 Name Owned For Owner Type

Purchase Details

Closed on
Feb 14, 2025
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.93%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 12, 2021
Closed on
Feb 16, 2022
Sold by
Bought by
Seller's Agent
Gianni Lamperti
W Real Estate
List Price
$1,500,000
Sold Price
$1,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 18, 2012
Sold by
Bought by

Purchase Details

Closed on
Mar 27, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,900
Interest Rate
6.25%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 20, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Interest Rate
7.82%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 15, 1997
Sold by
Bought by

Purchase Details

Closed on
Nov 27, 1995
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase 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 Buyer Sale Price Title Company
-- Pacific Coast Title Company
$1,500,000 Stewart Title
-- None Available
$525,000 Commonwealth Land Title Co
$340,000 Placer Title Company
$70,000 First American Title Ins Co
-- --
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $175,000
Closed $120,000
Previous Owner $850,000
Previous Owner $150,000
Previous Owner $208,900
Previous Owner $208,900
Previous Owner $238,000
Source: Public Records

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
02/23/2022 02/23/22 Sold $1,500,000 0.0% $248 / Sq Ft
12/14/2021 12/14/21 Off Market $1,500,000 -- --
08/12/2021 08/12/21 For Sale $1,500,000 -- $248 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

Tax 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.

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
2026 $19,411 $1,500,000 $250,000 $1,250,000
2025 $19,411 $1,591,811 $318,362 $1,273,449
2024 $19,262 $1,560,600 $312,120 $1,248,480
2023 $18,700 $1,530,000 $306,000 $1,224,000
2022 $8,519 $676,058 $262,694 $413,364
2021 $8,353 $662,803 $257,544 $405,259
2020 $8,232 $656,008 $254,904 $401,104
2019 $8,023 $643,146 $249,906 $393,240
2018 $7,846 $630,536 $245,006 $385,530
2017 $7,766 $618,173 $240,202 $377,971
2016 $7,260 $606,053 $235,493 $370,560
2015 $7,134 $596,950 $231,956 $364,994
2014 $6,984 $585,258 $227,413 $357,845
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2022

    Gianni Lamperti

    W Real Estate

    (707) 591-0570

    8 Total Sales

    Gianni Lamperti
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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 221101083

Bay Area Real Estate Information Services (BAREIS)
California Sacramento County Fair Oaks 95628

4908 Gastman Way, Fair Oaks, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bay Area Real Estate Information Services (BAREIS) Listing information deemed reliable but not guaranteed. Copyright 2026 Bay Area Real Estate Information Services, Inc. All Right Reserved.

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