NOT LISTED FOR SALE

7303 Quail Rd Fair Oaks, CA 95628

Estimated Value: $518,000 - $799,000

4 Beds
2 Baths
1,686 Sq Ft
$352/Sq Ft Est. Value

Last Sold March 04, 2024

Last sale price $505,000 $300 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,313/month

83 Days on Market

Highlights

  • Traditional Architecture
  • Garden View
  • Fenced Yard
  • Wood Flooring
  • No HOA
  • Patio

About This Home

As of March 2024

CALLING ALL INVESTORS!! or ANYONE who wants to get into the real estate market with a phenomenal opportunity! A very rare opportunity of a DUPLEX, located in the beautiful and peaceful renown Bird Tract with SFR's, in Fair Oaks. Fantastic part is that both units are already occupied with tennants that have signed long term leases, so the residual is secure. Current owner has maintained very well and updated many items over the years. Plumbing has been replumbed with ABS from side to sewer, paved driveway, drainage with culvert, 2 new water heaters (both units) within 6 months, rear door/framing replaced, both kitchens with new laminate, 7303 has remodeled bathroom, West side of lot has a new fence, both units with A/C window units in within 5 years, 7303 has new electrical box and gorgeous oak hardwood floors within 5 years, 7301 has been fully renovated with new carpet, new interior paint, East side fence has been sanded and stained, 40 yr roof w/i 15yrs, dual pane windows. Current owner has exuded pride of ownership and craftsmanship. This is a extremely mature neighborhood, surrounded by lush trees, vast Mother Nature, chirping birds, local community park. This tranquil property does not come around often, and will not last!

Last Agent to Sell the Property

Robert Alcantar

Coldwell Banker Realty License #02121907 Listed on: 11/13/2023

Coldwell Banker Realty

Last Buyer's Agent

Non-MLS Member

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1952 | Remodeled

Lot Details

  • 0.25 Acre Lot
  • Fenced Yard

Home Design

  • Duplex
  • Traditional Architecture
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,686 Sq Ft Home
  • 1-Story Property
  • ENERGY STAR Qualified Windows
  • Garden Views
  • Free-Standing Gas Range
  • Laundry in unit

Flooring

  • Wood
  • Carpet
  • Linoleum
  • Tile

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 4 Parking Spaces
  • Carport

Outdoor Features

  • Patio
  • Playground

Utilities

  • Window Unit Cooling System
  • Wall Furnace
  • 220 Volts
  • Property is located within a water district

Listing and Financial Details

  • Assessor Parcel Number 239-0115-015-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Leased Units
  • Net Lease

Property Details

Home Type

Multi-Family

Year Built

Built in 1952 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Subtype Description: House(s)
  • Property Subtype 1: Duplex
  • Year Built: 1952
  • Architectural Style: Traditional
  • Stories: 1
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Range, Free Standing Refrigerator
  • Flooring: Carpet, Tile, Linoleum, Wood
  • Price Per Square Foot: 299.53
  • Square Footage: 1686.00

Exterior Features

  • Construction Materials: Wood
  • Exterior Features: Fenced Yard, Yard Space, Play Area
  • Foundation: Slab
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 529000.00
  • Lot Features: Shape Regular
  • New Construction: No
  • Patio And Porch Features: Uncovered Patio
  • Pool: No
  • Property Condition: Updated/Remodeled
  • Roof: Shingle
  • Spa: No
  • Topography: LevelLevel
  • View Description: Garden/Greenbelt

Garage/Parking

  • Parking Features: Carport, Covered
  • Total Parking Spaces: 4.00

Utilities

  • Security: Carbon Mon Detector, Smoke Detector
  • Sewer: Sewer Connected
  • Utilities: City
  • Cooling: Window Unit(s)
  • Electric: 220 Volts
  • Heating: Wall Furnace
  • Laundry Features: Washer/Dryer Owned, In Each Unit
  • Water Source: Water District

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: San Juan Unified

Lot Info

  • Zoning Description: RD3
  • Irrigation: Public District
  • Lot Size Acres: 0.2540
  • Lot Size Sq Ft: 11064.00
  • ResoLotSizeUnits: Acres

Green Features

  • Energy Efficient: Windows

Rental Info

  • Lease Expiration Date: 1800-01-011800-01-01
  • Lease Type: Net

Multi Family

  • Income Includes: ["Rent Only"]
  • Number of Leased Units: 2
  • Number of Units: 2

Tax Info

  • Assessor Parcel Number: 239-0115-015-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2023
Closed on
Feb 28, 2024
Sold by
Pursell Family Trust
Bought by
2016 Chadalavada-Gajbe Revocable Trust and Chadalavada
Seller's Agent
Robert Alcantar
Coldwell Banker Realty
Buyer's Agent
Non-MLS Member
Non-MLS Office
List Price
$529,000
Sold Price
$505,000
Premium/Discount to List
-$24,000
-4.54%
Views
165
Current Estimated Value
$593,499

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,499
Avg. Annual Appreciation
8.59%
Original Mortgage
$378,750
Outstanding Balance
$371,671
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$221,828

Purchase Details

Closed on
Jul 27, 2023
Sold by
Pursell James Robert and Pursell Gina Wren
Bought by
Pursell Family Trust and Pursell

Purchase Details

Closed on
Apr 14, 1999
Sold by
Mcalister Bruce David and Mcalister James Peter
Bought by
Pursell James Robert and Pursell Gina Wren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
6.98%

Purchase Details

Closed on
Dec 16, 1997
Sold by
Mcalister Bruce David and Mcalister James Peter
Bought by
Mcalister Bruce David and Mcalister James Peter

Purchase Details

Closed on
Mar 5, 1996
Sold by
Mcalister John R and Mcalister John R
Bought by
Mcalister John R and Mcalister Bruce David
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
2016 Chadalavada-Gajbe Revocable Trust $505,000 Placer Title
Pursell Family Trust -- None Listed On Document
Pursell James Robert $105,000 Old Republic Title Company
Mcalister Bruce David -- --
Mcalister John R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2016 Chadalavada-Gajbe Revocable Trust $378,750
Previous Owner Pursell James Robert $84,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/04/2024 03/04/24 Sold $505,000 -4.5% $300 / Sq Ft
02/06/2024 02/06/24 Pending -- -- --
11/15/2023 11/15/23 For Sale $529,000 -- $314 / 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 $1,959 $515,100 $142,800 $372,300
2024 $1,959 $161,356 $61,466 $99,890
2023 $1,928 $158,193 $60,261 $97,932
2022 $1,890 $155,092 $59,080 $96,012
2021 $1,858 $152,052 $57,922 $94,130
2020 $1,824 $150,494 $57,329 $93,165
2019 $1,787 $147,544 $56,205 $91,339
2018 $1,767 $144,652 $55,103 $89,549
2017 $1,750 $141,817 $54,023 $87,794
2016 $1,635 $139,037 $52,964 $86,073
2015 $1,650 $136,950 $52,169 $84,781
2014 $1,617 $134,269 $51,148 $83,121
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: MetroList

MLS Number: 223110563

MetroList

APN: 239-0115-015

Your Personal Tour Guide

Ask me questions while you tour the home.