NOT LISTED FOR SALE

7033 Palm Ave Fair Oaks, CA 95628

Estimated Value: $557,212 - $607,000

4 Beds
2 Baths
2,100 Sq Ft
$276/Sq Ft Est. Value

Last Sold May 15, 2014

Last sale price $260,000 $124 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $3,450/month

13 Days on Market

Highlights

  • No HOA
  • 2 Car Garage
  • 4-minute walk to Patriots Park
  • Central Heating
  • 1-Story Property

About This Home

As of May 2014

Great Fair Oaks investment property! Each unit is a two bedroom, one bathroom with two car garage. Fully occupied!!

Last Agent to Sell the Property

Murray Miller

Titan Realty License #00495723 Listed on: 04/09/2014

Last Buyer's Agent

Randall Ortiz

Zitro Real Estate Services License #01819298

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,838

Year Built

  • Built in 1973

Lot Details

  • 9,548

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Composition Roof

Additional Features

  • 1-Story Property
  • 9,548 Sq Ft Lot
  • Central Heating

Listing and Financial Details

  • Security Deposit $2,345
  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 239-0023-016-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,838

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1973
  • Stories: 1
  • Number of Two Bedroom Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Varies By Unit
  • Other Equipment: Varies by Unit
  • Flooring: Carpet,Tile,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Lap Siding,Stone,Stucco,Wood
  • Disclosures/Documents: Rental/Lease Agmts,None
  • Listing Price: 299999.00
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage

Utilities

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

Condo/Co-op/Association

  • Association Features: Varies By Unit
  • Association: No

Schools

  • Senior High School District: San Juan Unified

Lot Info

  • Zoning Description: RD10
  • Lot Size Acres: 0.2192
  • Lot Size Sq Ft: 9548

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas
  • Total Deposit: 2345
  • Total # Leasable: 2

Multi Family

  • Gross Income: 22500
  • Income Includes: Rent Only
  • Number of Leased Units: 2
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 239-0023-016-0000

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 26, 2018
Sold by
Sorensen Eugene E and Sorensen Mayra E
Bought by
Willow Glen Properties Llc
Current Estimated Value
$578,803

Purchase Details

Listed on
Apr 9, 2014
Closed on
May 8, 2014
Sold by
Smith Rebecca Lorene and S G Reel Trust
Bought by
Eugene E Sorensen and Sorensen 199 Mayra E
Seller's Agent
Murray Miller
Titan Realty
Buyer's Agent
Randall Ortiz
Zitro Real Estate Services
List Price
$299,999
Sold Price
$260,000
Premium/Discount to List
-$39,999
-13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.81%

Purchase Details

Closed on
Sep 22, 1997
Sold by
Black John A and Black Julia
Bought by
S G Reel Trust

Purchase Details

Closed on
Apr 5, 1994
Sold by
Reel Shirley G and Reel Clawson Shirley G
Bought by
Black John A and Black Julia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
7.59%
Mortgage Type
Seller Take Back
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
Willow Glen Properties Llc -- None Available
Eugene E Sorensen $260,000 North American Title Co Inc
S G Reel Trust -- --
Black John A $135,000 Founders Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Black John A $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2014 05/15/14 Sold $260,000 -13.3% $124 / Sq Ft
04/22/2014 04/22/14 Pending -- -- --
04/09/2014 04/09/14 For Sale $299,999 -- $143 / 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 $3,838 $318,714 $91,934 $226,780
2024 $3,838 $312,466 $90,132 $222,334
2023 $3,778 $306,340 $88,365 $217,975
2022 $3,704 $300,334 $86,633 $213,701
2021 $3,644 $294,446 $84,935 $209,511
2020 $3,577 $291,428 $84,065 $207,363
2019 $3,506 $285,715 $82,417 $203,298
2018 $3,466 $280,113 $80,801 $199,312
2017 $3,433 $274,621 $79,217 $195,404
2016 $3,211 $269,237 $77,664 $191,573
2015 $3,200 $265,194 $76,498 $188,696
2014 $2,112 $171,923 $78,146 $93,777
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Murray Miller

    Titan Realty

    Section Image

  • R

    Buyer's Agent in 2014

    Randall Ortiz

    Zitro Real Estate Services

    (916) 529-3707

    49 Total Sales

    Randall Ortiz
    Section Image
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Map

Source: MetroList

MLS Number: 14021183

MetroList

APN: 239-0023-016

California Sacramento County Fair Oaks 95628

7033 Palm Ave, Fair Oaks, CA

This home is located at 7033 Palm Ave, Fair Oaks, CA 95628 since 09 April 2014 and is currently estimated at $578,803, approximately $275 per square foot. This property was built in 1973. 7033 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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