NOT LISTED FOR SALE

7167 Palm Ave Fair Oaks, CA 95628

Estimated Value: $468,000 - $580,000

4 Beds
3 Baths
2,100 Sq Ft
$258/Sq Ft Est. Value

Last Sold November 12, 2021

Last sale price $451,000 $215 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,255/month

133 Days on Market

Highlights

  • No HOA
  • Patio
  • 1 Car Garage
  • Fireplace
  • Central Heating and Cooling System
  • Level Lot

About This Home

As of November 2021

A rare opportunity in this great Fair Oaks neighborhood. This well maintained duplex offers 2 bedrooms & 2 baths on one side and 2 bedrooms & 1 bath on the other. Each has a one car garage and tons of storage space. It's a great floor plan too. Spacious living room with a fireplace and an oversized dining room. The kitchen has lots of storage. The back yards are fenced and are ready for the kids and pets.

Last Agent to Sell the Property

Terrie Hunt

River Ridge Realty License #01213387 Listed on: 06/08/2021

Last Buyer's Agent

Reed Block

Reed Block Realty License #01238049

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 0.3 Acre Lot
  • Level Lot

Parking

  • 1 Car Garage

Home Design

  • Duplex
  • Raised Foundation
  • Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 1-Story Property
  • Fireplace

Kitchen

  • Free-Standing Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Linoleum

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • Natural Gas Connected
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 239-0193-008-0000

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0.3 Acres

Parking

1

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Apartments
  • Property Subtype 1: Duplex
  • Stories: 1
  • Year Built: 1962
  • Architectural Style: Ranch
  • Stories: 1
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Range, Dishwasher, Disposal, Varies By Unit
  • Flooring: Carpet, Linoleum
  • Price Per Square Foot: 214.35

Exterior Features

  • Construction Materials: Stucco, Frame, Wood
  • Foundation: Raised
  • Listing Price: 480000.00
  • Lot Features: Shape Regular
  • Patio And Porch Features: Uncovered Patio
  • Roof: Composition
  • Topography: Level

Garage/Parking

  • Garage Spaces: 1.00
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Security: Carbon Mon Detector, Smoke Detector
  • Sewer: In & Connected
  • Utilities: Natural Gas Connected, Cable Available
  • Cooling: Central
  • Electric: 220 Volts
  • Heating: Central, Fireplace(s)
  • Laundry Features: In Each Unit, Washer/Dryer Hookups
  • Water Source: Public
  • Separate Meters: Electricity,Gas,Water

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: San Juan Unified

Lot Info

  • Zoning Description: RD-10
  • Irrigation: None
  • Lot Size Acres: 0.3000
  • Lot Dimensions: See parcel map
  • Lot Size Sq Ft: 13068.00
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Income Includes: See Remarks
  • Number of Units: 2

Tax Info

  • Assessor Parcel Number: 239-0193-008-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2021
Closed on
Nov 9, 2021
Sold by
Framsted William B and Framsted Kenneth G
Bought by
Vadapalli Rajan Raju and Mudunuri Haarika Ramana
Seller's Agent
Terrie Hunt
River Ridge Realty
Buyer's Agent
Reed Block
Reed Block Realty
Sold Price
$451,000
Current Estimated Value
$541,463

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,463
Avg. Annual Appreciation
4.33%
Original Mortgage
$338,250
Outstanding Balance
$310,034
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$231,429
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Vadapalli Rajan Raju $451,000 Placer Title Company
Vadapalli Rajan Raju $451,000 Placer Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vadapalli Rajan Raju $338,250
Closed Vadapalli Rajan Raju $338,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/12/2021 11/12/21 Sold $451,000 -9.8% $215 / Sq Ft
10/19/2021 10/19/21 Pending -- -- --
09/13/2021 09/13/21 For Sale -- -- --
09/03/2021 09/03/21 Pending -- -- --
06/08/2021 06/08/21 For Sale $500,000 -- $238 / Sq Ft
Source: MetroList

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 $5,680 $478,604 $143,581 $335,023
2024 $5,680 $469,220 $140,766 $328,454
2023 $5,590 $460,020 $138,006 $322,014
2022 $5,479 $451,000 $135,300 $315,700
2021 $922 $74,174 $15,028 $59,146
2020 $905 $73,414 $14,874 $58,540
2019 $887 $71,976 $14,583 $57,393
2018 $878 $70,566 $14,298 $56,268
2017 $869 $69,183 $14,018 $55,165
2016 $813 $67,828 $13,744 $54,084
2015 $843 $66,810 $13,538 $53,272
2014 $826 $65,517 $13,280 $52,237
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MetroList

MLS Number: 221063983

MetroList

APN: 239-0193-008

Your Personal Tour Guide

Ask me questions while you tour the home.