NOT LISTED FOR SALE

6915 Palm Ave Fair Oaks, CA 95628

Estimated Value: $542,000 - $578,090

4 Beds
2 Baths
1,964 Sq Ft
$283/Sq Ft Est. Value

Last Sold June 05, 2017

Last sale price $306,000 $156 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $3,375/month

3 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-minute walk to Patriots Park
  • Covered Patio or Porch
  • 1-Story Property

About This Home

As of June 2017

Great investment property! 6911-6915 Fair Oaks Ave duplex has long time tenants hoping to stay. Each unit has 1 car garage & backyard. Conveniently located near shopping, restaurants, and parks.

Last Agent to Sell the Property

Jennifer Valencia

Coldwell Banker Realty License #01980119 Listed on: 04/13/2017

Coldwell Banker Realty

Last Buyer's Agent

Ken Meyer

Advantage Real Estate License #00933339

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,213

Year Built

  • Built in 1964

Lot Details

  • 0.25

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Composition Roof

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • 1-Story Property
  • Covered Patio or Porch
  • 0.25 Acre Lot

Listing and Financial Details

  • Tenant pays for cable tv electricity
  • Assessor Parcel Number 239-0021-011-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,213

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1964
  • Stories: 1
  • Number of One Bedroom Units: 2
  • Number of Two Bedroom Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Oven,Free Standing Gas Range
  • Flooring: Carpet,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Wood
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,Other
  • Listing Price: 295000.00
  • Patio And Porch Features: Covered Patio
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: 1 Space Per Unit

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Utilities: Cable Available
  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: Laundry Hook-Up in Units,Patios/Balcony,Public Trans Nearby
  • Association: No

Schools

  • Senior High School District: San Juan Unified

Lot Info

  • Zoning Description: RD5
  • Lot Size Acres: 0.2500
  • Lot Size Sq Ft: 10890

Rental Info

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

Multi Family

  • Gross Income: 25200
  • Income Includes: Rent Only
  • Number of Leased Units: 2
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 239-0021-011-0000

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2017
Closed on
May 26, 2017
Sold by
Lehr Kenneth Edward and Lehr Marianne Christine
Bought by
Merritt Jerome E and Merritt Donna R
Seller's Agent
Jennifer Valencia
Coldwell Banker Realty
Buyer's Agent
Ken Meyer
Advantage Real Estate
List Price
$295,000
Sold Price
$306,000
Premium/Discount to List
$11,000
3.73%
Current Estimated Value
$556,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,023
Avg. Annual Appreciation
7.60%

Purchase Details

Closed on
Sep 30, 2009
Sold by
Lehr Kenneth E and Lehr Marianne C
Bought by
Christine Kenneth Edward Lehr and Christine Marianne
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
Merritt Jerome E $306,000 North American Title Company
Christine Kenneth Edward Lehr -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2017 06/05/17 Sold $306,000 +3.7% $156 / Sq Ft
04/13/2017 04/13/17 Pending -- -- --
04/10/2017 04/10/17 For Sale $295,000 -- $150 / 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 $4,213 $355,132 $87,041 $268,091
2024 $4,213 $348,170 $85,335 $262,835
2023 $4,147 $341,344 $83,662 $257,682
2022 $4,064 $334,652 $82,022 $252,630
2021 $3,997 $328,091 $80,414 $247,677
2020 $3,922 $324,728 $79,590 $245,138
2019 $3,843 $318,362 $78,030 $240,332
2018 $3,799 $312,120 $76,500 $235,620
2017 $1,258 $101,474 $21,090 $80,384
2016 $1,175 $99,485 $20,677 $78,808
2015 $1,198 $97,992 $20,367 $77,625
2014 $1,175 $96,077 $19,969 $76,108
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    Jennifer Valencia

    Coldwell Banker Realty

    Section Image
  • Ken Meyer

    Buyer's Agent in 2017

    Ken Meyer

    Advantage Real Estate

    (530) 906-8971

    79 Total Sales

    Ken Meyer
    Section Image
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Map

Source: MetroList

MLS Number: 17020124

MetroList

APN: 239-0021-011

California Sacramento County Fair Oaks 95628

6915 Palm Ave, Fair Oaks, CA

This home is located at 6915 Palm Ave, Fair Oaks, CA 95628 since 13 April 2017 and is currently estimated at $556,023, approximately $283 per square foot. This property was built in 1964. 6915 Palm Ave is a home located in Sacramento County with nearby schools including Charles Peck Elementary School, Will Rogers Middle School, and Del Campo 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.

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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