NOT LISTED FOR SALE

Estimated Value: $573,082 - $645,000

6 Beds
4 Baths
2,442 Sq Ft
$243/Sq Ft Est. Value

Sale Details

Date Sold: June 18, 2021

Last sale price $535,000 $219 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,877 / mo

20 Days on Market

Highlights

  • Contemporary Architecture
  • 4 Car Attached Garage
  • Laundry closet
  • Vaulted Ceiling
  • Patio
  • Landscaped

About This Home

As of June 2021

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 and 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 $37,416. GRM is 14.13 & Cap Rate is 7.1! Similar units in the neighborhood recently rented for $1,995 per month! Potential annual rents of $47,880 with a GRM of 11.05 and 9.1% Cap Rate! A fantastic investment opportunity. A portfolio of up to 19 duplex are available in beautiful centrally located Quail Lakes.

Last Agent to Sell the Property

Greg Batchelder

Windermere Signature Properties El Dorado Hills/Folsom License #01321061 Listed on: 04/08/2021

Windermere Signature Properties El Dorado Hills/Folsom

Last Buyer's Agent

Hugo De Hoyos

Intero Real Estate Services License #01153534

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

Lot Details

  • 8,141 Sq Ft Lot
  • Landscaped
  • 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
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity, sewer, gas, trash collection, water
  • Assessor Parcel Number 108-050-17

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 $37,416

Property Details

Home Type

Multi-Family

Year Built

Built in 1978

Lot Details

8,141 Sq Ft Lot

HOA Fees

$29 per month

Parking

4

Listing Details

  • Property Type: Residential Income
  • 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
  • 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, Laminate, Linoleum
  • Price Per Square Foot: 219.08

Exterior Features

  • Construction Materials: Ceiling Insulation, Frame, Wall Insulation, Wood, Wood Siding
  • Disclosures/Documents: Natural Hazard Disclosure Available
  • Foundation: Slab
  • Listing Price: 539000.00
  • Lot Features: Auto Sprinkler F&R, Curbs/Gutters, Sidewalk, Landscape Back, Landscape Front
  • Patio And Porch Features: Uncovered Patio, Varies by Unit
  • Roof: Tile

Garage/Parking

  • Open Parking Spaces: 4
  • Garage Spaces: 4
  • Parking Features: Attached, Garage, Garage Door Opener, Interior Access
  • Total Parking Spaces: 8

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, Natural Gas
  • Laundry Features: In Each Unit, Varies by Unit, Laundry Closet, Washer/Dryer Hookups
  • Water Source: Meter on Site
  • Separate Meters: Electricity,Gas,See Remarks

Condo/Co-op/Association

  • Association Features: See Remarks
  • Association Fee: 353
  • Association Fee Frequency: Annually
  • Association Fee Includes: 0
  • Association Name: QUAIL LAKES
  • Association Phone: (209) 472-3485
  • Association: Yes

Association/Amenities

  • Mandatory Association: Yes

Schools

  • Senior High School District: Stockton Unified

Lot Info

  • Zoning Description: RES
  • Irrigation: None
  • Lot Size Acres: 0.1869
  • Lot Size Sq Ft: 8141

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
  • Gross Income Multiplier: 14.130

Tax Info

  • Assessor Parcel Number: 108-050-17
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): San Joaquin

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

Listed on
Apr 8, 2021
Closed on
Jun 4, 2021
Sold by
Estopinal Andrew
Bought by
Seller's Agent
Greg Batchelder
Windermere Signature Properties El Dorado Hills/Folsom
Buyer's Agent
Hugo De Hoyos
Intero Real Estate Services
List Price
$529,000
Sold Price
$535,000
Premium/Discount to List
$6,000
1.13%
Current Estimated Value
$592,521

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,521
Avg. Annual Appreciation
1.98%
Original Mortgage
$401,250
Outstanding Balance
$355,273
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$237,248

Purchase Details

Closed on
Feb 26, 2004
Sold by
Estopinal Patricia
Bought by
Estopinal Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,500
Interest Rate
4.28%
Mortgage Type
Unknown
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$535,000 Lawyers Title
Estopinal Andrew -- Financial Title Co
Estopinal Andrew $17,000 Financial Title 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 $401,250
Previous Owner Estopinal Andrew $350,000
Previous Owner Estopinal Andrew $227,500
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
06/18/2021 06/18/21 Sold $535,000 +1.1% $219 / Sq Ft
04/28/2021 04/28/21 Pending -- -- --
04/08/2021 04/08/21 For Sale $529,000 -- $217 / Sq Ft
Source: MetroList

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
2025 $7,141 $579,100 $151,540 $427,560
2024 $7,029 $567,746 $148,569 $419,177
2023 $6,872 $556,614 $145,656 $410,958
2022 $6,776 $545,700 $142,800 $402,900
2021 $2,937 $239,326 $63,167 $176,159
2020 $2,994 $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 $2,458 $190,000 $60,000 $130,000
2014 $1,791 $140,000 $35,000 $105,000
Source: Public Records

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Map

Source: MetroList

MLS Number: 221030767

MetroList

APN: 108-050-17

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