NOT LISTED FOR SALE

5901 Spring Glen Dr Fair Oaks, CA 95628

Estimated Value: $595,025 - $657,000

4 Beds
2 Baths
1,874 Sq Ft
$328/Sq Ft Est. Value

Last Sold July 07, 2021

Last sale price $590,000 $315 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,849/month

4 Days on Market

Highlights

  • Vaulted Ceiling
  • No HOA
  • 2 Car Attached Garage
  • Bella Vista High School Rated A-
  • Skylights
  • Patio

About This Home

As of July 2021

Great investment opportunity! This pride of ownership duplex features 2bed/1bath units, and is located on a quiet street near many single family homes. One unit was remodeled in 2020, and has new porcelain wood-look tile flooring, modern white shaker cabinets, quartz countertops, new bathtub/surround, new kitchen appliances, and fresh paint, among other improvements! Both HVAC units were replaced recently. The exterior of house has a fresh coat of paint along with siding repairs, and each unit has a small concrete patio in the backyard with a new wood fence. The front yards have low maintenance landscaping. Don't miss out!

Last Agent to Sell the Property

Jonathan Minerick

HomeCoin.com License #01888948 Listed on: 06/03/2021

Last Buyer's Agent

Byron Lim

Coldwell Banker Infiniti License #01484228

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978 | Remodeled

Lot Details

  • 5,836 Sq Ft Lot
  • Landscaped

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Duplex
  • Concrete Foundation
  • Slab Foundation
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights

Kitchen

  • Free-Standing Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Linoleum
  • Tile

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Separate Meters
  • 220 Volts
  • Water Heater
  • High Speed Internet

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 261-0391-033-0000

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

Year Built

Built in 1978 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Subtype Description: House(s)
  • Property Subtype 1: Duplex
  • Stories: 1
  • Year Built: 1978
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Insulated Water Heater, Dishwasher, Free Standing Electric Range
  • Interior Amenities: Vaulted Ceiling(s), Skylight(s)
  • Flooring: Carpet, Tile, Linoleum, Varies by Unit
  • Price Per Square Foot: 314.83

Exterior Features

  • Construction Materials: Wood
  • Foundation: Concrete, Slab
  • Listing Price: 590000.00
  • Lot Features: Landscape Front
  • Patio And Porch Features: Uncovered Patio
  • Property Condition: Updated/Remodeled, Varies by Unit
  • Roof: Composition, Other

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Garage, Garage Door Opener
  • Total Parking Spaces: 2

Utilities

  • Security: Carbon Mon Detector, Smoke Detector
  • Sewer: In & Connected
  • Utilities: All Electric, City, Internet Available
  • Cooling: Ceiling Fan(s), Central, Heat Pump
  • Electric: 220 Volts
  • Heating: Central, Heat Pump
  • Laundry Features: In Each Unit, Washer/Dryer Hookups
  • Water Source: Public
  • Separate Meters: Electricity

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: San Juan Unified

Lot Info

  • Zoning Description: RD-10 - RESIDENTIAL
  • Irrigation: None
  • Lot Size Acres: 0.1340
  • Lot Size Sq Ft: 5836

Rental Info

  • Tenant Pays: Electricity
  • Lease Term: Lease/Month to Month Mix
  • Total # Leasable: 2

Multi Family

  • Income Includes: Rent Only,Other
  • Number of Leased Units: 2
  • Number of Month to Month Units: 1
  • Number of Units: 2
  • Two Bedroom Rent Range: 1350-1720

Tax Info

  • Assessor Parcel Number: 261-0391-033-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2021
Closed on
Jul 1, 2021
Sold by
Boroumand Neal and Boroumand Laleh
Bought by
Ho Billy C and Wu Karen M
Seller's Agent
Jonathan Minerick
HomeCoin.com
Buyer's Agent
Byron Lim
Coldwell Banker Infiniti
List Price
$549,000
Sold Price
$590,000
Premium/Discount to List
$41,000
7.47%
Current Estimated Value
$615,256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,256
Avg. Annual Appreciation
0.93%
Original Mortgage
$442,500
Outstanding Balance
$399,755
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$215,501

Purchase Details

Closed on
May 22, 2017
Sold by
Boroumand Neal
Bought by
Boroumand Neal and Boroumand Laleh

Purchase Details

Listed on
Mar 15, 2013
Closed on
Jun 11, 2013
Sold by
Lo Richard K and Lo Gladys G
Bought by
Boroumand Neal
Seller's Agent
Paul Brecher
Paul L Brecher Real Estate
Buyer's Agent
Sue Boloorchi
RE/MAX Gold Folsom
List Price
$250,000
Sold Price
$250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.42%
Original Mortgage
$187,500
Interest Rate
3.38%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ho Billy C $590,000 Stewart Title
Ho Billy C $590,000 Stewart Title
Boroumand Neal -- None Available
Boroumand Neal $250,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ho Billy C $442,500
Closed Ho Billy C $442,500
Previous Owner Boroumand Neal $187,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/07/2021 07/07/21 Sold $590,000 +7.5% $315 / Sq Ft
06/07/2021 06/07/21 Pending -- -- --
06/03/2021 06/03/21 For Sale $549,000 +119.6% $293 / Sq Ft
06/18/2013 06/18/13 Sold $250,000 0.0% $133 / Sq Ft View Prior Sale
03/24/2013 03/24/13 Pending -- -- --
03/15/2013 03/15/13 For Sale $250,000 -- $133 / 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 $7,578 $626,112 $159,181 $466,931
2024 $7,578 $613,836 $156,060 $457,776
2023 $7,357 $601,800 $153,000 $448,800
2022 $7,330 $590,000 $150,000 $440,000
2021 $3,580 $284,406 $91,009 $193,397
2020 $3,529 $281,490 $90,076 $191,414
2019 $3,440 $275,971 $88,310 $187,661
2018 $3,361 $270,561 $86,579 $183,982
2017 $3,331 $265,257 $84,882 $180,375
2016 $3,115 $260,057 $83,218 $176,839
2015 $3,061 $256,151 $81,968 $174,183
2014 $2,998 $251,134 $80,363 $170,771
Source: Public Records

Agents Affiliated with this Home

  • Jonathan Minerick

    Seller's Agent in 2021

    Jonathan Minerick

    HomeCoin.com

    (888) 400-2513

    8 in this area

    7,283 Total Sales

    Jonathan Minerick
    Section Image

  • B

    Buyer's Agent in 2021

    Byron Lim

    Coldwell Banker Infiniti

  • Paul Brecher

    Seller's Agent in 2013

    Paul Brecher

    Paul L Brecher Real Estate

    (916) 962-0111

    1 in this area

    12 Total Sales

    Paul Brecher
    Section Image

  • S

    Buyer's Agent in 2013

    Sue Boloorchi

    RE/MAX

See All Agents

Map

Source: MetroList

MLS Number: 221062285

MetroList

APN: 261-0391-033

California Sacramento County Fair Oaks 95628

5901 Spring Glen Dr, Fair Oaks, CA

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MetroList IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes