NOT LISTED FOR SALE

5838 Shelldrake Ct Fair Oaks, CA 95628

Estimated Value: $643,000 - $749,000

5 Beds
4 Baths
2,344 Sq Ft
$295/Sq Ft Est. Value

Last Sold January 24, 2019

Last sale price $440,000 $188 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $4,172/month

50 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Bella Vista High School Rated A-
  • Carpet

About This Home

As of January 2019

Excellent investment opportunity. Close to highway 50. 3BR/2BA unit + 2 car garage & 2BR/2BA unit + 1 car garage, both units with fireplaces. Separate patios.

Last Agent to Sell the Property

Yoli Hurchanik

Coldwell Banker Realty License #00662721 Listed on: 10/24/2018

Coldwell Banker Realty

Last Buyer's Agent

Yoli Hurchanik

Coldwell Banker Realty License #00662721 Listed on: 10/24/2018

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,993

Year Built

  • 1978

Lot Details

  • 10,019

Parking

  • 3 Car Garage

Home Design

  • 2,344 Sq Ft Home
  • Duplex
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof

Kitchen

  • Gas Cooktop
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Within 50 Feet

Additional Features

  • Washer and Dryer Hookup
  • 10,019 Sq Ft Lot

Listing and Financial Details

  • Total Actual Rent $25,070

Community Details

Overview

  • 2,344 Sq Ft Building

Building Details

  • 2 Leased Units
  • Gardener Expense $1,220
  • Manager Expense $1,430
  • Other Expense $550
  • Utility Expense $1,753
  • Operating Expense $6,764
  • Gross Income $25,070

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,993

Year Built

1978

Lot Details

0

Parking

3

Listing Details

  • Zoning: RD-10
  • Subclass: Duplex
  • Age: 40
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2344
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1978

Interior Features

  • Kitchen: Cooktop - Electric, Cooktop - Gas, Dishwasher
  • Living Sq Ft: 2344
  • Laundry: Hookups Only
  • Flooring: Carpet, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition, Shingle
  • Construction Type: Wood, Wood Frame

Garage/Parking

  • Garage Spaces: 3
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage, Parking Area

Utilities

  • Cooling System: Central Forced Air - Gas
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer In Street

Schools

  • School District: San Juan Unified

Lot Info

  • Lot Acres: 0.2300
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10019.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 10019.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 17.15
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Landscape: 1220
  • Expense Management: 1430
  • Expenses Other: 550
  • Expenses Total: 6764
  • Expenses Utility: 1753
  • Income Annual Gross: 25070.00
  • Income Annual Rental: 25070
  • Income Gross Scheduled: 25070
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 2
  • Operating Expenses Include: Fee - Property Management, Maintenance
  • Tenant Expenses: All Expenses

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 11, 2021
Sold by
Bennett Ivy A and Bennett Ivan B
Bought by
Bennett Ivan B and Bennett Ivy A
Current Estimated Value
$692,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,200
Outstanding Balance
$334,604
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$379,504

Purchase Details

Listed on
Oct 24, 2018
Closed on
Dec 20, 2018
Sold by
Brown Kathleen Rae and Lowell Eugene Brown
Bought by
Ogbeide Ivy A and Bennett Ivan B
Seller's Agent
Yoli Hurchanik
Coldwell Banker Realty
Buyer's Agent
Yoli Hurchanik
Coldwell Banker Realty
List Price
$429,950
Sold Price
$440,000
Premium/Discount to List
$10,050
2.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.64%
Original Mortgage
$374,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 1999
Sold by
Brown Lowell E and Brown Dorothy A
Bought by
Brown Lowell Eugene and Brown Dorothy A
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
Bennett Ivan B -- Solidifi
Ogbeide Ivy A $440,000 North American Title Company
Brown Lowell Eugene -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bennett Ivan B $196,500
Closed Bennett Ivy A $85,800
Open Bennett Ivan B $373,200
Closed Ogbeide Ivy A $374,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2019 01/24/19 Sold $440,000 +2.3% $188 / Sq Ft
12/14/2018 12/14/18 Pending -- -- --
12/12/2018 12/12/18 For Sale $429,950 0.0% $183 / Sq Ft
11/16/2018 11/16/18 Pending -- -- --
11/12/2018 11/12/18 Price Changed $429,950 -7.5% $183 / Sq Ft
10/24/2018 10/24/18 For Sale $465,000 -- $198 / Sq Ft
Source: MLSListings

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 $5,993 $490,824 $100,395 $390,429
2024 $5,993 $481,201 $98,427 $382,774
2023 $5,821 $471,767 $96,498 $375,269
2022 $5,799 $462,517 $94,606 $367,911
2021 $5,688 $453,449 $92,751 $360,698
2020 $5,607 $448,800 $91,800 $357,000
2019 $1,931 $149,078 $20,690 $128,388
2018 $1,883 $146,156 $20,285 $125,871
2017 $1,870 $143,291 $19,888 $123,403
2016 $1,753 $140,483 $19,499 $120,984
2015 $1,723 $138,374 $19,207 $119,167
2014 $1,688 $135,666 $18,831 $116,835
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81728846

MLSListings

APN: 261-0393-001