NOT LISTED FOR SALE

7048 Indigo Ct Fair Oaks, CA 95628

Estimated Value: $620,000 - $672,768

4 Beds
2 Baths
2,118 Sq Ft
$306/Sq Ft Est. Value

Last Sold July 12, 2021

Last sale price $610,000 $288 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,167/month

3 Days on Market

Highlights

  • No HOA
  • Fenced Yard
  • Fireplace
  • Covered Patio or Porch
  • Cul-De-Sac
  • Double Pane Windows

About This Home

As of July 2021

Fantastic investment opportunity to own a well-maintained duplex in a prime location centrally located close to HW50 and I80! Great location in a quiet Fair Oaks neighborhood within walking distance to shopping and parks. Each side features 2-bedroom 1 bath with an attached two-car garage. This home has been well maintained including newer dual pane windows, roof, and gutters. Other updates include newer paint, tile flooring, and granite counters w/full backsplash. Each unit has central heat/air, fireplace, and large private backyards. This is a great cul-de-sac location that won't last.

Last Agent to Sell the Property

William Scott

Fathom Realty Group, Inc. License #01450139 Listed on: 06/09/2021

Fathom Realty Group, Inc.

Last Buyer's Agent

Shalee Coleman

Mod Real Estate License #01889732

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,600

Year Built

  • Built in 1973

Lot Details

  • 0.27 Acre Lot
  • Cul-De-Sac
  • Fenced Yard
  • Landscaped

Parking

  • 4 Car Garage
  • Garage Door Opener
  • On-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Fireplace
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Laundry in unit

Kitchen

  • Free-Standing Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • Natural Gas Connected
  • ENERGY STAR Qualified Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 239-0023-012-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Units Leased Month-To-Month
  • Insurance Expense $1,047

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,600

Year Built

Built in 1973

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Subtype Description: House(s)
  • Property Subtype 1: Duplex
  • Stories: 1
  • Year Built: 1973
  • Architectural Style: Ranch
  • Levels: One
  • Stories: 1
  • Number of Two Bedroom Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Disposal, Free Standing Electric Range
  • Flooring: Carpet, Tile
  • Price Per Square Foot: 287.87
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Brick, Stucco, Wood
  • Exterior Features: Fenced Yard
  • Foundation: Slab
  • Listing Price: 549900.00
  • Lot Features: Auto Sprinkler F&R, Cul-De-Sac, Curbs/Gutters, Landscape Back, Landscape Front
  • Patio And Porch Features: Uncovered Patio, Covered Patio, Other
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Attached, Street, Garage, Garage Door Opener
  • Total Parking Spaces: 4

Utilities

  • Security: Carbon Mon Detector, Double Strapped Water Heater, Smoke Detector
  • Sewer: In & Connected
  • Utilities: All Electric, Natural Gas Connected, Cable Available, Internet Available
  • Cooling: Ceiling Fan(s), Central
  • Electric: 220 Volts
  • Heating: Central, Fireplace(s)
  • Laundry Features: In Each Unit
  • Water Source: Meter on Site, Public
  • Separate Meters: Electricity,Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: San Juan Unified

Lot Info

  • Zoning Description: RD-10
  • Irrigation: Public District
  • Lot Size Acres: 0.2714
  • Lot Size Sq Ft: 11822

Green Features

  • Energy Efficient: Water Heater, Windows

Rental Info

  • Total # Leasable: 2

Multi Family

  • Gross Income: 32280
  • Income Includes: Rent Only
  • Insurance Expense: 1047
  • Number of Leased Units: 2
  • Number of Month to Month Units: 2
  • Number of Units: 2

Tax Info

  • Assessor Parcel Number: 239-0023-012-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2021
Closed on
Jul 8, 2021
Sold by
Northouse Scott and Northouse Amanda
Bought by
Menicucci Bruno R and Bruno R Menicucci Trust
Seller's Agent
William Scott
Fathom Realty Group, Inc.
Buyer's Agent
Shalee Coleman
Mod Real Estate
List Price
$549,900
Sold Price
$610,000
Premium/Discount to List
$60,100
10.93%
Current Estimated Value
$648,692

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,692
Avg. Annual Appreciation
0.81%
Original Mortgage
$488,000
Outstanding Balance
$444,700
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$185,910

Purchase Details

Closed on
Oct 19, 2005
Sold by
Maurer Craig and Maurer Marie Paz B
Bought by
Northouse Scott and Northouse Amanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
2.5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 21, 2003
Sold by
Clifford Robert Kent and Calate Ralph Edward
Bought by
Maurer Craig and Maurer Marie Paz B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,200
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 31, 1997
Sold by
Caylor Harry D
Bought by
Caylor Bernice and Bernice Caylor Family Living T

Purchase Details

Closed on
Oct 3, 1996
Sold by
Weyerhaeuser Mtg Company
Bought by
Hud
Source: Public Records

Range of Values:

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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
Menicucci Bruno R $610,000 Placer Title Company
Northouse Scott $475,000 Alliance Title Company
Maurer Craig -- Financial Title Company
Caylor Bernice -- --
Hud -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Menicucci Bruno R $488,000
Previous Owner Northouse Scott $200,000
Previous Owner Northouse Scott $380,000
Previous Owner Maurer Craig $267,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2021 07/12/21 Sold $610,000 +10.9% $288 / Sq Ft
06/12/2021 06/12/21 Pending -- -- --
06/09/2021 06/09/21 For Sale $549,900 -- $260 / 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 $7,600 $647,336 $159,181 $488,155
2024 $7,600 $634,644 $156,060 $478,584
2023 $7,479 $622,200 $153,000 $469,200
2022 $7,328 $610,000 $150,000 $460,000
2021 $4,766 $390,024 $84,785 $305,239
2020 $4,222 $348,236 $75,701 $272,535
2019 $3,964 $326,983 $71,081 $255,902
2018 $3,772 $308,475 $67,058 $241,417
2017 $3,498 $283,006 $61,522 $221,484
2016 $3,060 $259,640 $56,443 $203,197
2015 $2,798 $233,911 $50,850 $183,061
2014 $2,664 $222,773 $48,429 $174,344
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 221065405

MetroList

APN: 239-0023-012