Seller's Agent in 2022
Greg Batchelder
Windermere Signature Properties El Dorado Hills/Folsom
(916) 205-6943
18 in this area
77 Total Sales
5627 Cascade Ct Stockton, CA 95207
Lincoln Village NeighborhoodEstimated Value: $580,000 - $658,000
5
Beds
4
Baths
2,436
Sq Ft
$250/Sq Ft
Est. Value
Highlights
- Contemporary Architecture
- 4 Car Attached Garage
- Laundry closet
- Vaulted Ceiling
- Patio
- Landscaped
About This Home
As of January 2022Excellent turn-key investment. A great opportunity to own a duplex in beautiful centrally located Quail Lakes. Located on a quiet cul-de-sac, one unit has 3 bedrooms, 2 full baths, & a 2-car garage. The other unit has 2 bedrooms, 2 full baths, & a 2-car garage. Both units feature spacious Living Rooms w/ cozy fireplaces, Master Suites & inside laundries. Durable long-lasting tile roofs & low maintenance yards. Tenants pay ALL utilities. Close to everything; award winning schools, shopping & parks. PLEASE DO NOT DISTURB THE TENANTS. All units are rented. Total annual rents are $36,420. GRM is 15.2 & 6.6% Cap Rate. Similar units in the neighborhood recently rented for $1,995 & $1,895 per month! Potential annual rents of $46,680 with a GRM of 11.9 and 8.4% Cap Rate! A fantastic investment opportunity. A portfolio of up to 14 duplex are available in beautiful centrally located Quail Lakes.
Last Agent to Sell the Property
Windermere Signature Properties El Dorado Hills/Folsom License #01321061 Listed on: 08/10/2021
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1977
Lot Details
- 9,085 Sq Ft Lot
- Landscaped
- Level Lot
- Sprinklers on Timer
HOA Fees
- $29 Monthly HOA Fees
Parking
- 4 Car Attached Garage
- 4 Open Parking Spaces
- Inside Entrance
- Garage Door Opener
Home Design
- Duplex
- Contemporary Architecture
- Planned Development
- Slab Foundation
- Frame Construction
- Blown Fiberglass Insulation
- Ceiling Insulation
- Tile Roof
- Wood Siding
Interior Spaces
- 1-Story Property
- Vaulted Ceiling
Kitchen
- Free-Standing Electric Range
- Dishwasher
- Disposal
Flooring
- Carpet
- Linoleum
- Laminate
Laundry
- Laundry closet
- Washer and Dryer Hookup
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Patio
Utilities
- Central Heating and Cooling System
- Mini Split Air Conditioners
- Mini Split Heat Pump
- Heating System Uses Natural Gas
- 220 Volts
- Natural Gas Connected
- Private Water Source
- Gas Water Heater
Listing and Financial Details
- Tenant pays for electricity, sewer, gas, trash collection, water
- Assessor Parcel Number 108-050-26
Community Details
Overview
- Association fees include 0
- 2 Units
- Quail Lakes Association, Phone Number (209) 472-3485
- Quail Lakes Subdivision
- Mandatory home owners association
Building Details
- 2 Leased Units
- 2 Units Leased Month-To-Month
- Net Operating Income $36,420
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 10, 2021
Closed on
Jan 4, 2022
Sold by
Estopinal Andrew
Bought by
Castro Raul
Seller's Agent
Greg Batchelder
Windermere Signature Properties El Dorado Hills/Folsom
Buyer's Agent
Rigo Lara Lopez
Keller Williams Central Valley
List Price
$595,000
Sold Price
$542,500
Premium/Discount to List
-$52,500
-8.82%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,377
Avg. Annual Appreciation
2.90%
Original Mortgage
$460,700
Outstanding Balance
$424,648
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$185,229
Purchase Details
Closed on
Mar 31, 2004
Sold by
Estopinal Patricia M
Bought by
Estopinal Andrew
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Castro Raul | $542,500 | Fidelity National Title Co | |
| Estopinal Andrew | -- | Financial Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Castro Raul | $460,700 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/11/2022 01/11/22 | Sold | $542,500 | -8.8% | $223 / Sq Ft |
| 12/08/2021 12/08/21 | Pending | -- | -- | -- |
| 08/10/2021 08/10/21 | For Sale | $595,000 | -- | $244 / Sq Ft |
Source: MetroList
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 | $7,109 | $575,705 | $132,651 | $443,054 |
| 2024 | $6,997 | $564,417 | $130,050 | $434,367 |
| 2023 | $6,841 | $553,350 | $127,500 | $425,850 |
| 2022 | $3,058 | $244,112 | $64,430 | $179,682 |
| 2021 | $2,939 | $239,326 | $63,167 | $176,159 |
| 2020 | $2,996 | $236,873 | $62,520 | $174,353 |
| 2019 | $2,984 | $232,230 | $61,295 | $170,935 |
| 2018 | $2,929 | $227,678 | $60,094 | $167,584 |
| 2017 | $2,775 | $223,215 | $58,916 | $164,299 |
| 2016 | $2,459 | $190,000 | $60,000 | $130,000 |
| 2014 | $1,792 | $140,000 | $35,000 | $105,000 |
Source: Public Records
Agents Affiliated with this Home
-
Greg Batchelder
-
Rigo Lara Lopez
Buyer's Agent in 2022
Rigo Lara Lopez
Keller Williams Central Valley
(209) 981-4112
6 in this area
26 Total Sales
Map
Source: MetroList
MLS Number: 221097452
APN: 108-050-26
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