NOT LISTED FOR SALE

Estimated Value: $1,050,000 - $1,177,336

6 Beds
4 Baths
2,556 Sq Ft
$428/Sq Ft Est. Value

Last Sold August 28, 2017

Last sale price $765,600 $300 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $6,641/month

36 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • Robert E. Willett Elementary School Rated A

About This Home

As of August 2017

This single story duplex has matching sides boasting 3 bedrooms, 2 full bathrooms, approximately 1,280 sq ft and a one car garage. Situated close to UC Davis, freeway access, restaurants, and shopping this is a perfect income producing opportunity. Each side has own private backyard.

Last Agent to Sell the Property

Lisa Strong

Lyon RE Folsom License #01320629 Listed on: 06/30/2017

Lyon RE Folsom

Co-Listed By

Bryan Finkel

eXp Realty of California Inc. License #01895228

Last Buyer's Agent

Joseph Blanton

Stone Real Estate License #02012303

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,878

Year Built

  • Built in 1968

Lot Details

  • 9,505

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Leased Washer and Dryer

Additional Features

  • 9,505 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $3,690
  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 034-132-005-000

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

Est. Annual Taxes

$10,878

Year Built

Built in 1968

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1968
  • Stories: 1
  • Number of Three Bedroom Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher,Disposal,Free Standing Electric Range,Free Standing Refrigerator
  • Other Equipment: None
  • Flooring: Carpet,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Frame,Lap Siding,Stucco,See Remarks
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,None
  • Listing Price: 800000.00
  • Roof: Composition

Garage/Parking

  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Garage,Street

Utilities

  • Cooling: Central
  • Heating: Central
  • Laundry Features: Washer/Dryer Leased

Condo/Co-op/Association

  • Association Features: Yard Space
  • Association: No

Schools

  • Senior High School District: Davis Unified

Lot Info

  • Zoning Description: R-2
  • Lot Size Acres: 0.2182
  • Lot Size Sq Ft: 9505

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas
  • Total Deposit: 3690
  • Total # Leasable: 2

Multi Family

  • Gross Income: 44280
  • Income Includes: Rent Only
  • Number of Leased Units: 2
  • Number of Month to Month Units: 1
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 034-132-005-000

MLS Schools

  • School District (County): Yolo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2017
Closed on
Aug 25, 2017
Sold by
Chen Jia
Bought by
Investments Llc
Seller's Agent
Lisa Strong
Lyon RE Folsom
Buyer's Agent
Joseph Blanton
Stone Real Estate
List Price
$800,000
Sold Price
$765,600
Premium/Discount to List
-$34,400
-4.3%
Current Estimated Value
$1,093,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$327,734
Avg. Annual Appreciation
4.47%

Purchase Details

Listed on
Jun 30, 2017
Closed on
Aug 22, 2017
Sold by
Davis 8 Enterpises Llc
Bought by
Chen Jia
Seller's Agent
Lisa Strong
Lyon RE Folsom
Buyer's Agent
Joseph Blanton
Stone Real Estate
List Price
$800,000
Sold Price
$765,600
Premium/Discount to List
-$34,400
-4.3%

Purchase Details

Closed on
Jan 11, 2007
Sold by
The Radcliffe Drive Real Estate Trust
Bought by
Davis 8 Enterprises Llc

Purchase Details

Closed on
Jun 16, 2004
Sold by
Thorburn David E and Thorburn Kate M
Bought by
Blum Molly A and The Radcliff Drive Real Estate

Purchase Details

Closed on
Nov 10, 2003
Sold by
Thorburn David E and Thorburn Kate M
Bought by
Thorburn David E and Thorburn Kate M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 21, 2003
Sold by
Adams Margaret B
Bought by
Thorburn David E and Thorburn Kate M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage
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
Investments Llc -- None Available
Chen Jia $766,000 Placer Title Co
Davis 8 Enterprises Llc -- None Available
Blum Molly A -- --
Thorburn David E -- Fidelity National Title
Thorburn David E $675,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thorburn David E $322,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2017 08/28/17 Sold $765,600 -4.3% $300 / Sq Ft
08/03/2017 08/03/17 Pending -- -- --
06/28/2017 06/28/17 For Sale $800,000 -- $313 / 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 $10,878 $871,116 $358,413 $512,703
2023 $10,878 $837,292 $344,497 $492,795
2022 $10,443 $820,876 $337,743 $483,133
2021 $10,214 $804,781 $331,121 $473,660
2020 $10,059 $796,530 $327,726 $468,804
2019 $9,690 $780,912 $321,300 $459,612
2018 $9,010 $765,600 $315,000 $450,600
2017 $8,431 $711,900 $300,000 $411,900
2016 $7,703 $650,880 $260,000 $390,880
2015 $7,282 $613,800 $275,000 $338,800
2014 $7,080 $594,000 $265,000 $329,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 17040432

MetroList

APN: 034-132-005-000