NOT LISTED FOR SALE

705 Bidwell St Folsom, CA 95630

4 Beds
4 Baths
2,344 Sq Ft
0.54 Acres

Last Sold June 19, 2015

Last sale price $1,195,000 $510 Per Sq Ft

36 Days on Market

Highlights

  • No HOA
  • Theodore Judah Elementary School Rated A
  • Double Pane Windows

About This Home

As of June 2015

* DO NOT DISTURB TENANTS - CONTACT LISTING AGENT***Rare Folsom Multi-Family Opportunity Near Historic Downtown and Light Rail Station, huge employers nearby including Wal Mart and Intel. Income has grown 10% or more annually over last 3 years, with stable occupancy near 97% in this supply constrained market. Thirty year ownership shows extremely well with new storage shed and ample parking.

Last Agent to Sell the Property

Gabe Gardner

Marcus & Millichap Real Estate License #01937972 Listed on: 04/13/2015

Last Buyer's Agent

Gabe Gardner

Marcus & Millichap Real Estate License #01937972 Listed on: 04/13/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 0.54

Home Design

  • Split Level Home

Interior Spaces

  • 2-Story Property
  • Double Pane Windows

Parking

  • 10 Open Parking Spaces
  • 1 Parking Space Included

Additional Features

  • 0.54 Acre Lot
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity rent only
  • Assessor Parcel Number 071-0190-051-0000

Community Details

Overview

  • No Home Owners Association
  • 12 Units

Building Details

  • 12 Leased Units
  • 12 Units Leased Month-To-Month
  • Operating Expense $39,100

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: 5 or More Units
  • Year Built: 1959
  • Levels: MultiSplit
  • Stories: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Electric Oven,Built-In Electric Range,Disposal,Free Standing Electric Oven
  • Other Equipment: Water Cond Equipment Leased,Varies by Unit
  • Flooring: Carpet,Laminate,Tile,Varies by Unit,Linoleum/Vinyl
  • Window Features: Dual Pane Partial

Exterior Features

  • Construction Materials: Brick Veneer,Frame,Stucco,Vinyl Siding,Wood
  • Disclosures/Documents: Rental/Lease Agmts,None
  • Listing Price: 1188000.00
  • Patio And Porch Features: Varies by Unit
  • Roof: Flat,See Remarks

Garage/Parking

  • Open Parking Spaces: 10
  • Parking Features: Guest Parking Available,Street,1+ Space Per Unit

Utilities

  • Security: Carbon Mon Detector,Varies By Unit
  • Utilities: Cable Connected
  • Cooling: Ceiling Fan(s),Wall Unit(s),Window Unit(s),Varies by Unit
  • Heating: Baseboard,Varies by Unit

Condo/Co-op/Association

  • Association Features: Barbeque,Extra Storage,Manager's Office,Separate Laundry Facility,Yard Space,Varies By Unit
  • Association: No

Schools

  • Senior High School District: Folsom-Cordova

Lot Info

  • Zoning Description: R-3
  • Lot Size Acres: 0.5428
  • Lot Size Sq Ft: 23644

Rental Info

  • Tenant Pays: Electricity,Rent Only
  • Total # Leasable: 12

Multi Family

  • Operating Expense: 39100
  • Income Includes: Laundry,Rent Only
  • Number of Leased Units: 12
  • Number of Month to Month Units: 12
  • Number of Units: 12
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 071-0190-051-0000

MLS Schools

  • School District (County): Sacramento

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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Property History

Date Event Price List to Sale Price per Sq Ft
06/19/2015 06/19/15 Sold $1,195,000 +0.6% $510 / Sq Ft
05/07/2015 05/07/15 Pending -- -- --
04/01/2015 04/01/15 For Sale $1,188,000 -- $507 / 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 $15,342 $1,436,201 $170,657 $1,265,544
2024 $15,342 $1,408,041 $167,311 $1,240,730
2023 $15,070 $1,380,433 $164,031 $1,216,402
2022 $14,850 $1,353,366 $160,815 $1,192,551
2021 $14,654 $1,326,830 $157,662 $1,169,168
2020 $14,472 $1,313,226 $156,046 $1,157,180
2019 $14,232 $1,287,478 $152,987 $1,134,491
2018 $13,878 $1,262,235 $149,988 $1,112,247
2017 $12,943 $1,237,487 $147,048 $1,090,439
2016 $13,524 $1,213,223 $144,165 $1,069,058
2015 $2,162 $197,699 $26,053 $171,646
2014 $2,052 $193,827 $25,543 $168,284
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2015

    Gabe Gardner

    Marcus & Millichap Real Estate

See All Agents

Map

Source: MetroList

MLS Number: 15022752

MetroList
California Sacramento County Folsom 95630

705 Bidwell St, Folsom, CA

Not Listed for Sale

MultiFamily

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