J
Seller's Agent in 2018
Jake Stanfill
North Coast Commercial, Inc.
705 Mormon St Folsom, CA 95630
Folsom Central Neighborhood
8
Beds
4
Baths
3,200
Sq Ft
0.29
Acre Lot
Highlights
- No HOA
- Double Pane Windows
- Washer and Dryer
- Theodore Judah Elementary School Rated A
- Patio
- 1-Story Property
About This Home
As of April 2018Rare Investment Opportunity in Folsom. This 9 unit apartment offering consists of three buildings each containing three, two bedroom - one bath 800 square foot apartments. Each unit has a washer/dryer, semi-private back patio, gas appliances, microwaves, dual pane windows and patio doors. The two parcels offer ample off street tenant parking on the recently replaced parking lot. Don't miss out on a unique opportunity in the heart of the very desirable and quaint Old Town Folsom area.
Last Agent to Sell the Property
Jake Stanfill
North Coast Commercial, Inc. License #01914043 Listed on: 03/20/2018
Last Buyer's Agent
Jake Stanfill
North Coast Commercial, Inc. License #01914043 Listed on: 03/20/2018
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1965
Lot Details
- 0.29
Interior Spaces
- 1-Story Property
- Double Pane Windows
- Washer and Dryer
Parking
- 14 Open Parking Spaces
- 1 Parking Space Included
Utilities
- Window Unit Cooling System
- Wall Furnace
Additional Features
- Patio
- 12,602 Sq Ft Lot
Listing and Financial Details
- Security Deposit $9,155
- Tenant pays for cable tv electricity gas
- Assessor Parcel Number 070-0155-011-0000
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 9 Units
Building Details
- 9 Leased Units
- 7 Units Leased Month-To-Month
- Insurance Expense $2,019
- Operating Expense $25,689
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 20, 2018
Closed on
Apr 20, 2018
Sold by
Bought by
Seller's Agent
Jake Stanfill
North Coast Commercial, Inc.
Buyer's Agent
Jake Stanfill
North Coast Commercial, Inc.
List Price
$1,785,000
Sold Price
$1,815,000
Premium/Discount to List
$30,000
1.68%
Purchase Details
Closed on
Nov 15, 2004
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
5.79%
Mortgage Type
Commercial
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,815,000 | Stewart Title | ||
| $815,000 | Placer Title Company |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $1,420,000 | ||
| Closed | $1,605,000 | ||
| Previous Owner | $550,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/25/2018 04/25/18 | Sold | $1,815,000 | +1.7% | $567 / Sq Ft |
| 04/03/2018 04/03/18 | Pending | -- | -- | -- |
| 03/19/2018 03/19/18 | For Sale | $1,785,000 | -- | $558 / Sq Ft |
Source: MetroList
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $20,994 | $1,963,307 | $368,118 | $1,595,189 |
| 2025 | $20,994 | $1,924,811 | $360,900 | $1,563,911 |
| 2024 | $20,562 | $1,887,071 | $353,824 | $1,533,247 |
| 2023 | $20,197 | $1,850,071 | $346,887 | $1,503,184 |
| 2022 | $19,903 | $1,813,796 | $340,086 | $1,473,710 |
| 2021 | $19,639 | $1,778,232 | $333,418 | $1,444,814 |
| 2020 | $19,395 | $1,760,000 | $330,000 | $1,430,000 |
| 2019 | $13,305 | $1,203,600 | $255,000 | $948,600 |
| 2018 | $7,718 | $701,955 | $171,504 | $530,451 |
| 2017 | $7,198 | $688,192 | $168,142 | $520,050 |
| 2016 | $7,521 | $674,699 | $164,846 | $509,853 |
| 2015 | $7,268 | $664,565 | $162,370 | $502,195 |
| 2014 | $6,899 | $651,548 | $159,190 | $492,358 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: MetroList
MLS Number: 18015671
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