NOT LISTED FOR SALE

6901 Rio Tejo Way Elk Grove, CA 95757

South West Elk Grove Neighborhood

Estimated Value: $658,000 - $727,000

4 Beds
3 Baths
2,311 Sq Ft
$300/Sq Ft Est. Value

Last Sold April 11, 2018

Last sale price $475,000 $206 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $4,331/month

14 Days on Market

Highlights

  • No HOA
  • Double Pane Windows
  • Garage
  • Carroll Elementary School Rated A-
  • Central Heating
  • 4-minute walk to Machado Dairy Park

About This Home

As of April 2018

Property is currently leased to the operator of a senior care facility, which operates a six-bed licensed facility. Tenant pays property taxes, insurance and utilities in addition to rent. You won't want to miss this great investment opportunity! Owner is a licensed real estate agent.

Last Agent to Sell the Property

Marc Caraska

Reliant Realty Inc. License #01758555 Listed on: 01/26/2018

Last Buyer's Agent

Criselda Centeno

Sterling Royal Real Estate License #01329256

Sterling Royal Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,749

Year Built

  • Built in 2006

Lot Details

  • 6,804

Parking

  • Garage

Home Design

  • Tile Roof

Interior Spaces

  • 1-Story Property
  • Double Pane Windows

Additional Features

  • 6,804 Sq Ft Lot
  • Central Heating

Community Details

  • No Home Owners Association
  • 1 Leased Unit

Listing and Financial Details

  • Tenant pays for electricity gas maintenance sewer trash collection water
  • Assessor Parcel Number 132-1290-080-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,749

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Other
  • Year Built: 2006
  • Accessibility Features: AccessibleApproachwithRamp,AccessibleDoors
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Gas Oven,Built-In Gas Range,Disposal,Microwave
  • Other Equipment: None
  • Flooring: Tile,Wood
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Stucco,Wood
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,None
  • Listing Price: 475000.00
  • Roof: Tile

Garage/Parking

  • Parking Features: Garage

Utilities

  • Cooling: Ceiling Fan(s),Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Elk Grove Unified

Lot Info

  • Zoning Description: RD-5
  • Lot Size Acres: 0.1562
  • Lot Size Sq Ft: 6804

Rental Info

  • Tenant Pays: Electricity,Gas,Maintenance,Sewer,Trash Collection,Water

Multi Family

  • Gross Income: 39600
  • Income Includes: Rent Only
  • Number of Leased Units: 1
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 132-1290-080-0000

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 12, 2018
Sold by
Tam Amy
Bought by
Ng Daniel Kong and Tam Amy
Total Days on Market
14
Current Estimated Value
$694,318

Purchase Details

Listed on
Jan 26, 2018
Closed on
Mar 23, 2018
Sold by
Ng Daniel Kong
Bought by
Tam Amy
Seller's Agent
Marc Caraska
Reliant Realty Inc.
Buyer's Agent
Criselda Centeno
Sterling Royal Real Estate
List Price
$475,000
Sold Price
$475,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.46%
Original Mortgage
$348,250
Outstanding Balance
$302,276
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$392,042

Purchase Details

Listed on
Jan 26, 2018
Closed on
Mar 22, 2018
Sold by
Tan Olivia and Olivia Tan 2003 Revocable Trus
Bought by
Tam Amy
Seller's Agent
Marc Caraska
Reliant Realty Inc.
Buyer's Agent
Criselda Centeno
Sterling Royal Real Estate
List Price
$475,000
Sold Price
$475,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,250
Outstanding Balance
$302,276
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$392,042

Purchase Details

Closed on
Jan 11, 2007
Sold by
Tan Olivia
Bought by
Tan Olivia and Olivia Tan 2003 Revocable Trus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 9, 2007
Sold by
Standard Pacific Homes
Bought by
Tan Olivia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Ng Daniel Kong -- None Available
Tam Amy -- Chicago Title Company
Tam Amy $475,000 Chicago Title Company
Tan Olivia -- First American Title Co
Tan Olivia $420,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tam Amy $348,250
Previous Owner Tan Olivia $417,000
Previous Owner Tan Olivia $336,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2018 04/11/18 Sold $475,000 0.0% $206 / Sq Ft
02/09/2018 02/09/18 Pending -- -- --
01/26/2018 01/26/18 For Sale $475,000 -- $206 / 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
2024 $7,749 $529,868 $139,438 $390,430
2023 $7,576 $519,479 $136,704 $382,775
2022 $7,440 $509,294 $134,024 $375,270
2021 $7,322 $499,309 $131,397 $367,912
2020 $7,227 $494,190 $130,050 $364,140
2019 $7,102 $484,500 $127,500 $357,000
2018 $6,940 $475,000 $167,778 $307,222
2017 $6,151 $401,322 $155,350 $245,972
2016 $5,833 $385,887 $149,375 $236,512
2015 $5,511 $357,304 $138,311 $218,993
2014 $5,368 $346,898 $134,283 $212,615
Source: Public Records

Agents Affiliated with this Home

  • Marc Caraska

    Seller's Agent in 2018

    Marc Caraska

    Reliant Realty Inc.

    (916) 529-4111

    1 in this area

    29 Total Sales

    Section Image
  • Criselda Centeno

    Buyer's Agent in 2018

    Criselda Centeno

    Sterling Royal Real Estate

    (916) 519-7474

    2 in this area

    18 Total Sales

    Criselda Centeno
    Section Image
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Map

Source: MetroList

MLS Number: 18004816

MetroList

APN: 132-1290-080

California Sacramento County Elk Grove 95757 South West Elk Grove

6901 Rio Tejo Way, Elk Grove, CA

This home is located at 6901 Rio Tejo Way, Elk Grove, CA 95757 since 26 January 2018 and is currently estimated at $694,318, approximately $300 per square foot. This property was built in 2006. 6901 Rio Tejo Way is a home located in Sacramento County with nearby schools including Carroll Elementary School, Toby Johnson Middle School, and Franklin High School.

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.

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