NOT LISTED FOR SALE

6064 Pony Express Trail Pollock Pines, CA 95726

4 Beds
4 Baths
1,050 Sq Ft
1 Acres

Last Sold September 16, 2020

Last sale price $500,000 $476 Per Sq Ft

139 Days on Market

Highlights

  • 1 Acre Lot
  • Double Pane Windows
  • Cabin
  • No HOA
  • Laundry Facilities
  • 1-Story Property

About This Home

As of September 2020

Don't miss this rare opportunity to own an established, profitable rent-generating 10-unit complex! This property used to be a motel complex, but has been converted to long-term rentals. Fully occupied, center building recently rebuilt due to fire. Good long-term tenants are eager to stay! Financials to be verified by buyer.

Last Agent to Sell the Property

Graeme Grant

Baker & Grant Realty License #01925552 Listed on: 02/27/2020

Last Buyer's Agent

Ron Benning

LPT Realty, Inc License #01058898

LPT Realty, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,946

Year Built

  • Built in 1954

Lot Details

  • 1

Parking

  • 1 Parking Space Included

Home Design

  • Cabin
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Double Pane Windows

Additional Features

  • 1 Acre Lot
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable tv rent only
  • Assessor Parcel Number 101-201-57-100

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 10 Units

Amenities

  • Laundry Facilities

Building Details

  • 10 Leased Units
  • 10 Units Leased Month-To-Month
  • Insurance Expense $3,807
  • Operating Expense $11,000
  • Net Operating Income $42,337

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,946

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: 5 or More Units
  • Year Built: 1954
  • Architectural Style: Cabin
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Varies By Unit
  • Flooring: Varies by Unit
  • Window Features: Dual Pane Partial

Exterior Features

  • Construction Materials: Wood
  • Disclosures/Documents: Rental/Lease Agmts,None
  • Foundation: Raised,Slab
  • Listing Price: 575000.00
  • Roof: Composition

Garage/Parking

  • Parking Features: 1+ Space Per Unit

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Utilities: Cable Available
  • Cooling: Ceiling Fan(s),Evaporative Cooler,Window Unit(s),Varies by Unit
  • Heating: MultiZone,Propane,Wall Furnace,Varies by Unit

Condo/Co-op/Association

  • Association Features: Separate Laundry Facility
  • Association: No

Schools

  • Senior High School District: El Dorado Union High

Lot Info

  • Zoning Description: Multi
  • Lot Size Acres: 1.0000
  • Lot Size Sq Ft: 43560

Rental Info

  • Tenant Pays: Cable TV,Rent Only
  • Total # Leasable: 10

Multi Family

  • Operating Expense: 11000
  • Income Includes: Laundry,Parking
  • Insurance Expense: 3807
  • Number of Leased Units: 10
  • Number of Month to Month Units: 10
  • Number of Units: 10
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 101-201-57-100
  • Current RE Taxes: 2946
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): El Dorado

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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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

Property History

Date Event Price List to Sale Price per Sq Ft
09/16/2020 09/16/20 Sold $500,000 -13.0% $476 / Sq Ft
07/15/2020 07/15/20 Pending -- -- --
02/27/2020 02/27/20 For Sale $575,000 -- $548 / 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 $5,979 $541,214 $108,242 $432,972
2024 $5,979 $530,603 $106,120 $424,483
2023 $5,870 $520,200 $104,040 $416,160
2022 $5,785 $510,000 $102,000 $408,000
2021 $5,726 $500,000 $100,000 $400,000
2020 $3,138 $258,405 $63,163 $195,242
2019 $3,096 $253,339 $61,925 $191,414
2018 $3,004 $248,372 $60,711 $187,661
2017 $2,885 $243,503 $59,521 $183,982
2016 $2,774 $238,729 $58,354 $180,375
2015 $2,696 $235,145 $57,479 $177,666
2014 $2,262 $192,220 $56,354 $135,866
Source: Public Records

Agents Affiliated with this Home

  • Graeme Grant

    Seller's Agent in 2020

    Graeme Grant

    Baker & Grant Realty

    (530) 391-4116

    3 in this area

    21 Total Sales

    Graeme Grant
    Section Image
  • Ron Benning

    Buyer's Agent in 2020

    Ron Benning

    LPT Realty, Inc

    (916) 730-3846

    91 Total Sales

    Ron Benning
    Section Image
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Map

Source: MetroList

MLS Number: 20011763

MetroList

APN: 101-201-57-100

California El Dorado County Pollock Pines 95726

6064 Pony Express Trail, Pollock Pines, CA

Not Listed for Sale

MultiFamily

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