NOT LISTED FOR SALE

681 Corto Passi Ln Colfax, CA 95713

Estimated Value: $587,000 - $644,000

6 Beds
3 Baths
2,676 Sq Ft
$231/Sq Ft Est. Value

Sale Details

Date Sold: December 11, 2024

Last sale price $625,000 $234 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,490 / mo

8 Days on Market

Highlights

  • Deck
  • Bamboo Flooring
  • No HOA
  • Colfax High School Rated A-
  • Private Yard
  • 6 Car Attached Garage

About This Home

As of December 2024

Meticulously maintained in town Triplex within walking distance to stores and eateries with established tenants. Zoned Commercial Downtown Mixed Use (MU-1). Some uses included are commercial, retail, rental, owner occupied. Each rented unit is a single level 2 bedroom, 1 bath with an open-concept layout that seamlessly connects the living, dining and kitchen areas. All the units have large bedrooms with big closets, abundant storage, plus each have their own deep 2 car garage with laundry, 2 additional parking spaces and separate electrical & propane meters. Improvements have been made including some bamboo, tile & luxury vinyl plank flooring, new wall heaters, granite counter, kitchen cabinets in one-unit, stainless appliances & upgraded bathrooms in 2 units. The exterior has just been painted and composite decks are new or redone. Each unit also has its own yard. Excellent I-80 access for commuters and only a short distance to recreational lakes, rivers and 1 hour to Tahoe ski resorts. This is a sensational opportunity!

Last Agent to Sell the Property

Amy Sibley

Mother Lode Realty License #01238927 Listed on: 10/28/2024

Last Buyer's Agent

Brandon Lower

LPT Realty, Inc License #02033008

LPT Realty, Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1981 | Remodeled

Lot Details

  • 13,116 Sq Ft Lot
  • Private Yard

Parking

  • 6 Car Attached Garage
  • 6 Open Parking Spaces
  • Inside Entrance

Home Design

  • Triplex
  • Mixed Use
  • Raised Foundation
  • Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,676 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Window Screens

Kitchen

  • Free-Standing Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Bamboo
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • Low Flow Toliet
  • Low Flow Shower

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Heating System Uses Propane
  • Separate Meters
  • 220 Volts
  • Propane
  • Separate Water Meter
  • Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Security Deposit $5,820
  • Tenant pays for electricity, gas, trash collection
  • Assessor Parcel Number 100-230-052-000

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 2 Leased Units
  • 1 Unit Leased Month-To-Month
  • Net Lease
  • Operating Expense $16,928
  • Net Operating Income $34,672

Property Details

Home Type

Multi-Family

Year Built

Built in 1981 | Remodeled

Lot Details

0.3 Acres

Parking

6

Listing Details

  • Property Type: Residential Income
  • Subtype Description: Apartments, Mixed Use
  • Property Subtype 1: Triplex
  • Year Built: 1981
  • Architectural Style: Ranch
  • Stories: 1
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Refrigerator, Gas Water Heater, Microwave, Dishwasher, Disposal, Free Standing Electric Range
  • Other Equipment: Low-Flow Toilet(s), Low-Flow Shower(s)
  • Flooring: Bamboo, Carpet, Tile, Vinyl
  • Price Per Square Foot: 233.56
  • Square Footage: 2676.00
  • Window Features: Window Screens

Exterior Features

  • Construction Materials: Frame, Wood, Wood Siding
  • Disclosures/Documents: Preliminary Title Report, See Remarks, Natural Hazard Disclosure Available
  • Exterior Features: Yard Space
  • Foundation: Raised
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 625000.00
  • Lot Features: Shape Regular
  • New Construction: No
  • Patio And Porch Features: Uncovered Deck
  • Pool: No
  • Property Condition: Updated/Remodeled, Varies by Unit
  • Roof: Composition
  • Spa: No
  • Topography: Level,Upslope,Level,Upslope

Garage/Parking

  • Open Parking Spaces: 6.00
  • Garage Spaces: 6.00
  • Parking Features: Attached, Garage, Interior Access
  • Total Parking Spaces: 12.00

Utilities

  • Security: Carbon Mon Detector, Double Strapped Water Heater, Smoke Detector
  • Sewer: Sewer Connected
  • Utilities: Propane, Electric, Internet Available
  • Cooling: Ceiling Fan(s), Wall Unit(s)
  • Electric: 220 Volts
  • Heating: Propane, Wall Furnace
  • Laundry Features: In Each Unit, Washer/Dryer Hookups
  • Water Source: Meter on Site, Public
  • Separate Meters: Electricity, Gas, Water

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Placer Union High

Lot Info

  • Zoning: MU-1
  • Irrigation: Public District, None
  • Lot Size Acres: 0.3011
  • Lot Size Sq Ft: 13116.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection
  • Total Deposit: 5820
  • Lease Expiration Date: 1800-01-011800-01-01
  • Lease Type: Net

Multi Family

  • Operating Expense: 16928
  • Income Includes: ["Rent Only"]
  • Number of Leased Units: 2
  • Number of Month to Month Units: 1
  • Number of Units: 3
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 100-230-052-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Placer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2024
Closed on
Dec 2, 2024
Sold by
Zendner Family Trust and Zendner Danny E
Bought by
Hararah Mona
Seller's Agent
Amy Sibley
Mother Lode Realty
Buyer's Agent
Brandon Lower
LPT Realty, Inc
List Price
$625,000
Sold Price
$625,000
Views
4
Current Estimated Value
$619,326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,674
Avg. Annual Appreciation
-0.66%
Original Mortgage
$468,750
Outstanding Balance
$465,013
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$154,313

Purchase Details

Closed on
May 8, 2006
Sold by
Zendner Danny E and Zendner Carol A
Bought by
Zendner Danny E and Zendner Carol A

Purchase Details

Closed on
May 6, 1999
Sold by
Noxon Barbara J Trs
Bought by
Zendner Danny E and Zendner Carol A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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

Purchase History

Date Buyer Sale Price Title Company
Hararah Mona $625,000 Placer Title
Zendner Danny E -- None Available
Zendner Danny E $200,000 Placer Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hararah Mona $468,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2024 12/11/24 Sold $625,000 0.0% $234 / Sq Ft
11/05/2024 11/05/24 Pending -- -- --
10/28/2024 10/28/24 For Sale $625,000 -- $234 / Sq Ft
Source: MetroList

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 $2,748 $625,000 $185,000 $440,000
2023 $2,748 $257,022 $46,080 $210,942
2022 $2,659 $251,983 $45,177 $206,806
2021 $2,602 $247,043 $44,292 $202,751
2020 $2,573 $244,511 $43,838 $200,673
2019 $2,522 $239,718 $42,979 $196,739
2018 $2,434 $235,019 $42,137 $192,882
2017 $2,613 $230,411 $41,311 $189,100
2016 $2,563 $225,894 $40,501 $185,393
2015 $2,508 $222,502 $39,893 $182,609
2014 $2,478 $218,144 $39,112 $179,032
Source: Public Records

Agents Affiliated with this Home

  • Amy Sibley

    Seller's Agent in 2024

    Amy Sibley

    Mother Lode Realty

    (530) 906-4985

    33 in this area

    69 Total Sales

    Amy Sibley
    Section Image
  • Brandon Lower

    Buyer's Agent in 2024

    Brandon Lower

    LPT Realty, Inc

    (916) 812-0209

    1 in this area

    27 Total Sales

    Brandon Lower
    Section Image
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Map

Source: MetroList

MLS Number: 224118653

MetroList

APN: 100-230-052

California Placer County Colfax 95713

681 Corto Passi Ln, Colfax, 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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