NOT LISTED FOR SALE

6064 Pony Express Trail Pollock Pines, CA 95726

Pollock Pines Area
4 Beds
4 Baths
1,050 Sq Ft
1 Acre Lot

Sale Details

Date 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
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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

1 Acres

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

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
Feb 27, 2020
Closed on
Sep 11, 2020
Sold by
Bought by
Seller's Agent
Graeme Grant
Baker & Grant Realty
Buyer's Agent
Ron Benning
LPT Realty, Inc
List Price
$575,000
Sold Price
$500,000
Premium/Discount to List
-$75,000
-13.04%

Purchase Details

Closed on
Jul 25, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
4.46%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 21, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,750
Interest Rate
4.38%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 20, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,750
Interest Rate
4.38%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 29, 2009
Sold by
Bought by

Purchase Details

Closed on
Mar 13, 2008
Sold by
Bought by

Purchase Details

Closed on
Mar 5, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
7.99%
Mortgage Type
Unknown
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Pollock Pines, CA

  • Kyle Flohr-Jemmings Real Estate Agent - BetterHomes&Gardens-Napolitano

    Kyle Flohr-Jemmings

    BetterHomes&Gardens-Napolitano

    (858) 251-8298

    32 Total Sales

    1 in Pollock Pines

    $355,000 Price

    Kyle Flohr-Jemmings
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  • Jill Gardner Real Estate Agent - Sierra Homes & Properties

    Jill Gardner

    Sierra Homes & Properties

    (209) 231-4434

    151 Total Sales

    3 in Pollock Pines

    $315K - $365K Price Range

    Jill Gardner
     Section Image
  • Igor Musiyets Real Estate Agent - Realty ONE Group Complete

    Igor Musiyets

    Realty ONE Group Complete

    (916) 571-6976

    133 Total Sales

    1 in Pollock Pines

    $58,000 Price

    Igor Musiyets
     Section Image
  • John McDougall Real Estate Agent - Reliant Realty

    John McDougall

    Reliant Realty

    (530) 288-6610

    304 Total Sales

    5 in Pollock Pines

    $10K - $105K Price Range

    John McDougall
     Section Image
  • Julie Phillips Real Estate Agent - eXp Realty of California, Inc.

    Julie Phillips

    eXp Realty of California, Inc.

    (916) 848-6562

    50 Total Sales

    1 in Pollock Pines

    $399,000 Price

    Julie Phillips
     Section Image
  • Megan Blackwell Real Estate Agent - Amen Real Estate

    Megan Blackwell

    Amen Real Estate

    (279) 529-0258

    128 Total Sales

    1 in Pollock Pines

    $385,000 Price

    Megan Blackwell
     Section Image
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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
$500,000 Fidelity Natl Ttl Co Of Ca
$225,000 First American Title Company
$242,500 First American Title Co
-- First American Title Company
$308,200 None Available
-- None Available
$449,000 Chicago 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
Previous Owner $25,000
Previous Owner $169,750
Previous Owner $390,000
Previous Owner $292,500
Previous Owner $292,500
Previous Owner $4,812
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
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

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 $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 Real Estate Agent - Baker & Grant Realty

    Seller's Agent in 2020

    Graeme Grant

    Baker & Grant Realty

    (530) 391-4116

    21 Total Sales

    Graeme Grant
    Section Image
  • Ron Benning Real Estate Agent - LPT Realty, Inc

    Buyer's Agent in 2020

    Ron Benning

    LPT Realty, Inc

    (916) 730-3846

    89 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

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.

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