NOT LISTED FOR SALE

Estimated Value: $522,000 - $669,000

6 Beds
4 Baths
2,442 Sq Ft
$252/Sq Ft Est. Value

Last Sold June 21, 2023

Last sale price $610,000 $250 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,969/month

36 Days on Market

Highlights

  • Contemporary Architecture
  • Fenced Yard
  • 4 Car Attached Garage
  • Vaulted Ceiling
  • Fireplace
  • Patio

About This Home

As of June 2023

Excellent turn-key investment. A great opportunity to own a duplex in beautiful centrally located Quail Lakes. Located on a quiet cul-de-sac, both units have 3 bedrooms, 2 full baths, 2-car garages, and feature spacious Living Rooms w/ cozy fireplaces, attached garages, Primary Suites, & inside laundries. Durable long lasting tile roofs & low maintenance yards. Tenants pay ALL utilities. Close to everything; award winning schools, shopping & parks. All units are rented. PLEASE DO NOT DISTURB THE TENANTS. Total annual rents are $39,888. Similar units in the neighborhood recently rented for $2,095 to 2,500 per month!Potential annual rents of $50,280 to $60,000 per year! A fantastic investment opportunity.

Last Agent to Sell the Property

Greg Batchelder

Windermere Signature Properties El Dorado Hills/Folsom License #01321061 Listed on: 04/23/2023

Windermere Signature Properties El Dorado Hills/Folsom

Last Buyer's Agent

Hugo De Hoyos

Intero Real Estate Services License #01153534

Intero Real Estate Services

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

Lot Details

  • 8,612 Sq Ft Lot
  • Fenced Yard
  • Landscaped
  • Level Lot
  • Sprinklers on Timer

HOA Fees

  • $32 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • 4 Open Parking Spaces
  • Inside Entrance
  • Garage Door Opener

Home Design

  • Duplex
  • Contemporary Architecture
  • Planned Development
  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Tile Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1-Story Property
  • Vaulted Ceiling
  • Fireplace
  • Window Treatments

Kitchen

  • Free-Standing Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Linoleum
  • Laminate
  • Tile

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
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity, sewer, gas, trash collection, water
  • Assessor Parcel Number 108-050-18

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 $35,760

Property Details

Home Type

Multi-Family

Year Built

Built in 1978

Lot Details

8,612 Sq Ft Lot

HOA Fees

$32 per month

Parking

4

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Planned Unit Develop
  • Property Subtype 1: Duplex
  • Stories: 1
  • Year Built: 1978
  • Architectural Style: Contemporary
  • Levels: One
  • Stories: 1
  • Subdivision: QUAIL LAKES
  • Number of Three Bedroom Units: 2
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Gas Water Heater, Dishwasher, Disposal, Free Standing Electric Range
  • Interior Amenities: Vaulted Ceiling(s)
  • Flooring: Carpet, Tile, Laminate, Linoleum, Varies by Unit
  • Price Per Square Foot: 249.80
  • Window Features: Window Coverings

Exterior Features

  • Construction Materials: Brick, Stucco, Frame, Wood, Wood Siding
  • Disclosures/Documents: Natural Hazard Disclosure Available
  • Exterior Features: Fenced Yard, Yard Space
  • Foundation: Slab
  • Listing Price: 624000.00
  • Lot Features: Auto Sprinkler F&R, Curbs/Gutters, Sidewalk, Landscape Back, Landscape Front
  • Patio And Porch Features: Uncovered Patio, Varies by Unit
  • Property Condition: Varies by Unit
  • Roof: Tile
  • Topography: Level

Garage/Parking

  • Open Parking Spaces: 4.00
  • Garage Spaces: 4.00
  • Parking Features: Attached, Garage, Garage Door Opener, Interior Access
  • Total Parking Spaces: 8.00

Utilities

  • Security: Carbon Mon Detector, Double Strapped Water Heater, Smoke Detector
  • Sewer: In & Connected
  • Utilities: Natural Gas Connected
  • Cooling: Separate, Central
  • Electric: 220 Volts
  • Heating: Central, Separate, Fireplace(s), Natural Gas
  • Laundry Features: In Each Unit, Varies by Unit, Laundry Closet, Washer/Dryer Hookups
  • Water Source: Meter on Site, Public
  • Separate Meters: Electricity,Gas,See Remarks

Condo/Co-op/Association

  • Association Features: None
  • Association Fee: 389
  • Association Fee Frequency: Annually
  • Association Fee Includes: 0
  • Association Name: QUAIL LAKES
  • Association Phone: (209) 472-3485
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Mandatory Association: Yes

Schools

  • Senior High School District: Stockton Unified

Lot Info

  • Zoning Description: RES
  • Irrigation: None
  • Lot Size Acres: 0.1977
  • Lot Size Sq Ft: 8612.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Sewer, Gas, Trash Collection, Water, See Remarks
  • Lease Term: Month To Month
  • Total # Leasable: 2

Multi Family

  • Income Includes: Rent Only,See Remarks,Other
  • Number of Leased Units: 2
  • Number of Month to Month Units: 2
  • Number of Units: 2
  • Units Furnished: None
  • Three Bedrooms Occupied: 2

Tax Info

  • Assessor Parcel Number: 108-050-18
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2023
Closed on
Jun 15, 2023
Sold by
Estopinal Andrew
Bought by
Lopez Claudia Ochoa and Lopez Jose
Seller's Agent
Greg Batchelder
Windermere Signature Properties El Dorado Hills/Folsom
Buyer's Agent
Hugo De Hoyos
Intero Real Estate Services
List Price
$659,000
Sold Price
$610,000
Premium/Discount to List
-$49,000
-7.44%
Views
262
Current Estimated Value
$614,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,884
Avg. Annual Appreciation
0.29%
Original Mortgage
$457,500
Outstanding Balance
$446,401
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$168,483

Purchase Details

Closed on
Feb 26, 2004
Sold by
Estopinal Patricia M
Bought by
Estopinal Andrew
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lopez Claudia Ochoa $610,000 Fidelity National Title Compan
Estopinal Andrew -- Financial Title Co
Estopinal Andrew $17,000 Financial Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Claudia Ochoa $457,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2023 06/21/23 Sold $610,000 -2.2% $250 / Sq Ft
05/29/2023 05/29/23 Pending -- -- --
05/15/2023 05/15/23 Price Changed $624,000 -3.9% $256 / Sq Ft
05/04/2023 05/04/23 Price Changed $649,000 -1.5% $266 / Sq Ft
04/23/2023 04/23/23 For Sale $659,000 -- $270 / 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 $7,819 $634,643 $190,393 $444,250
2024 $7,696 $622,200 $186,660 $435,540
2023 $3,133 $248,993 $65,718 $183,275
2022 $3,057 $244,112 $64,430 $179,682
2021 $2,938 $239,326 $63,167 $176,159
2020 $2,995 $236,873 $62,520 $174,353
2019 $2,983 $232,230 $61,295 $170,935
2018 $2,928 $227,678 $60,094 $167,584
2017 $2,774 $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

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Map

Source: MetroList

MLS Number: 223028010

MetroList

APN: 108-050-18

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