NOT LISTED FOR SALE

5238 Arbardee Dr Fair Oaks, CA 95628

Estimated Value: $644,000 - $733,000

4 Beds
4 Baths
2,060 Sq Ft
$328/Sq Ft Est. Value

Last Sold July 07, 2020

Last sale price $475,000 $231 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $4,030/month

4 Days on Market

Highlights

  • No HOA
  • Central Heating
  • 1-Story Property
  • Bella Vista High School Rated A-

About This Home

As of July 2020

Calling ALL investors! This duplex is a truly rare find! It is located in a quiet and desirable neighborhood in Fair Oaks. Well maintained and generous sized units with 2 bedrooms and 2 full baths in each unit. Nice sized backyards. Close proximity to schools, shopping, & restaurants. Property management company currently managing both units. Everything is in place for this residential income opportunity to simply transfer ownership! Submit your offer before it's too late! Visit Our Virtual Tours:5238-5240 Arbardee Tours

Last Agent to Sell the Property

Lakota Verberne

LPT Realty Inc. License #02048203 Listed on: 06/10/2020

LPT Realty Inc.

Co-Listed By

Tara Coyle

Chase International License #02054880

Last Buyer's Agent

Tyler Kuresa

Marla Kuresa, Broker License #01988667

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,235

Year Built

  • Built in 1980

Lot Details

  • 6,181

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof

Utilities

  • Central Heating
  • 220 Volts

Additional Features

  • 1-Story Property
  • 6,181 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for rent only
  • Assessor Parcel Number 253-0160-053-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,235

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1980
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Electric Oven,Dishwasher,Electric Cook Top
  • Other Equipment: None
  • Flooring: Carpet,Tile,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Wood
  • Disclosures/Documents: Rental/Lease Agmts,None
  • Foundation: Slab
  • Listing Price: 465000.00
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage,1 Space Per Unit

Utilities

  • Cooling: Ceiling Fan(s),Central
  • Electric: 220 Volts
  • Heating: Central

Condo/Co-op/Association

  • Association Features: Patios/Balcony,Yard Space
  • Association: No

Schools

  • Senior High School District: San Juan Unified

Lot Info

  • Zoning Description: RD-3
  • Lot Size Acres: 0.1419
  • Lot Size Sq Ft: 6181

Rental Info

  • Tenant Pays: Rent Only

Multi Family

  • Gross Income: 38400
  • 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: 253-0160-053-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2020
Closed on
Jun 30, 2020
Sold by
Mccarthy Gina
Bought by
Tesfamichael Amanuel
Seller's Agent
Lakota Verberne
LPT Realty Inc.
Buyer's Agent
Tyler Kuresa
Marla Kuresa, Broker
List Price
$465,000
Sold Price
$475,000
Premium/Discount to List
$10,000
2.15%
Current Estimated Value
$644,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,205
Avg. Annual Appreciation
7.15%
Original Mortgage
$403,750
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 14, 2019
Sold by
Dell Antonia and The Sepic Trust
Bought by
Mccarthy Gina

Purchase Details

Closed on
Aug 9, 1994
Sold by
Sepic Valentin and Sepic Maria
Bought by
Sepic Valentin A and Sepic Maria
Source: Public Records

Range of Values:

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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
Tesfamichael Amanuel $475,000 Fidelity National Title Co
Mccarthy Gina -- Fidelity National Title Co
Mccarthy Gina -- None Available
Sepic Valentin A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tesfamicheal Amanuel $400,400
Closed Tesfamicheal Amanuel $400,400
Closed Mccarthy Gina $403,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2020 07/07/20 Sold $475,000 +2.2% $231 / Sq Ft
06/14/2020 06/14/20 Pending -- -- --
06/10/2020 06/10/20 For Sale $465,000 -- $226 / 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 $6,235 $514,154 $108,242 $405,912
2024 $6,235 $504,073 $106,120 $397,953
2023 $6,054 $494,190 $104,040 $390,150
2022 $6,031 $484,500 $102,000 $382,500
2021 $5,915 $475,000 $100,000 $375,000
2020 $3,087 $245,680 $118,877 $126,803
2019 $3,009 $240,864 $116,547 $124,317
2018 $2,943 $236,142 $114,262 $121,880
2017 $2,913 $231,513 $112,022 $119,491
2016 $2,724 $226,975 $109,826 $117,149
2015 $2,678 $223,567 $108,177 $115,390
2014 $2,622 $219,188 $106,058 $113,130
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 20032851

MetroList

APN: 253-0160-053