NOT LISTED FOR SALE

7317 Gail Way Fair Oaks, CA 95628

Estimated Value: $644,000 - $691,000

5 Beds
4 Baths
2,300 Sq Ft
$287/Sq Ft Est. Value

Last Sold February 16, 2021

Last sale price $510,000 $222 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $4,044/month

36 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of February 2021

Great investment opportunity in Fair Oaks! One side is 3BD/2 bath with a fireplace and 2-car garage and other side is 2BD/2Bath with fireplace and 1 car garage. Generous size backyard. Open floor plan. New HVAC system in 7319. Great location. Long term tenants (8 and 5 years) would like to stay. Convenient to either Hwy 50 or 80, parks and shopping. You don't want to miss out!

Last Agent to Sell the Property

Irina Pankratova

RE/MAX Gold License #01485890 Listed on: 11/05/2020

RE/MAX Gold

Last Buyer's Agent

Olga Zagorenko

Berkshire Hathaway Home Services Elite Real Estate License #01352607

Berkshire Hathaway Home Services Elite Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,547

Year Built

  • Built in 1973

Lot Details

  • 10,019

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Free-Standing Gas Range

Additional Features

  • 10,019 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity gas sewer trash collection water
  • Assessor Parcel Number 239-0030-014-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,547

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1973
  • Stories: 1
  • Number of Two Bedroom Units: 1
  • Number of Three Bedroom Units: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Range
  • Other Equipment: Varies by Unit
  • Flooring: Carpet,Laminate,Varies by Unit,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Frame,Stone,Wood
  • Disclosures/Documents: CC&Rs,Rent Control,Rental/Lease Agmts,Roof Inspection
  • Foundation: Slab
  • Listing Price: 520600.00
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage,Street,Varies by Unit
  • Total Parking Spaces: 3

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Sewer: Public Sewer
  • Cooling: Central
  • Heating: Central
  • Water Source: Public

Condo/Co-op/Association

  • Association Features: Other
  • Association: No

Schools

  • Senior High School District: San Juan Unified

Lot Info

  • Zoning Description: RD10
  • Lot Size Acres: 0.2300
  • Lot Size Sq Ft: 10019

Rental Info

  • Tenant Pays: Electricity,Gas,Sewer,Trash Collection,Water
  • Total # Leasable: 2

Multi Family

  • Gross Income: 30660
  • Income Includes: Rent Only
  • Number of Leased Units: 2
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 239-0030-014-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2020
Closed on
Feb 12, 2021
Sold by
Vinnakota Arun Kumar and Kotikela Sri Harsha
Bought by
Zavorotny Eugene and Zavorotny Alena
Seller's Agent
Irina Pankratova
RE/MAX Gold
Buyer's Agent
Olga Zagorenko
Berkshire Hathaway Home Services Elite Real Estate
List Price
$525,000
Sold Price
$510,000
Premium/Discount to List
-$15,000
-2.86%
Current Estimated Value
$659,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,771
Avg. Annual Appreciation
5.72%
Original Mortgage
$382,500
Outstanding Balance
$341,808
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$317,963

Purchase Details

Closed on
Nov 22, 2016
Sold by
Vinnokota Arun and Vinnokota Arun Kumar
Bought by
Vinnokota Arun Kumar and Kotikela Sir Harsha

Purchase Details

Listed on
Apr 18, 2015
Closed on
Jun 24, 2015
Sold by
Lucas Barry J and Lucas Barry J
Bought by
Vinnakota Arun
Seller's Agent
Hayden Butterfield
Arrow Realty
Buyer's Agent
Irina Pankratova
RE/MAX Gold
List Price
$289,000
Sold Price
$310,000
Premium/Discount to List
$21,000
7.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.63%
Original Mortgage
$232,500
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2003
Sold by
Lucas Barry J
Bought by
Lucas Barry J

Purchase Details

Closed on
Dec 23, 2002
Sold by
Lucas Barbara Vigil
Bought by
Lucas Barry J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
5.86%

Purchase Details

Closed on
Apr 16, 2001
Sold by
Finley James F and James F Finley Living Trust
Bought by
Lucas Barry J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
6.98%

Purchase Details

Closed on
Aug 31, 1994
Sold by
Finley James F
Bought by
Finley James F and James F Finley Living Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Zavorotny Eugene $510,000 Chicago Title Company
Kotikela Sri Harsha -- Chicago Title Company
Vinnakota Arun Kumar -- Chicago Title Company
Vinnokota Arun Kumar -- None Available
Vinnakota Arun $310,000 Chicago Title Company
Vinnakota Arun -- Chicago Title Company
Lucas Barry J -- --
Lucas Barry J -- Financial Title Company
Lucas Barry J $215,000 Financial Title Company
Finley James F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vinnakota Arun Kumar $382,500
Previous Owner Vinnakota Arun $232,500
Previous Owner Lucas Barry J $176,000
Previous Owner Lucas Barry J $155,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/16/2021 02/16/21 Sold $510,000 -2.0% $222 / Sq Ft
12/11/2020 12/11/20 Pending -- -- --
11/29/2020 11/29/20 Price Changed $520,600 -0.9% $226 / Sq Ft
11/14/2020 11/14/20 Price Changed $525,100 0.0% $228 / Sq Ft
11/05/2020 11/05/20 For Sale $525,000 +69.4% $228 / Sq Ft
06/29/2015 06/29/15 Sold $310,000 +7.3% $135 / Sq Ft View Prior Sale
04/29/2015 04/29/15 Pending -- -- --
04/17/2015 04/17/15 For Sale $289,000 -- $126 / 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 $6,547 $552,038 $165,611 $386,427
2024 $6,547 $541,214 $162,364 $378,850
2023 $6,443 $530,603 $159,181 $371,422
2022 $6,315 $520,200 $156,060 $364,140
2021 $4,334 $355,443 $102,558 $252,885
2020 $4,254 $351,799 $101,507 $250,292
2019 $4,168 $344,902 $99,517 $245,385
2018 $4,120 $338,140 $97,566 $240,574
2017 $4,080 $331,510 $95,653 $235,857
2016 $3,691 $314,727 $94,418 $220,309
2015 $3,201 $269,552 $75,221 $194,331
2014 $3,135 $264,273 $73,748 $190,525
Source: Public Records

Agents Affiliated with this Home

  • Irina Pankratova

    Seller's Agent in 2021

    Irina Pankratova

    RE/MAX

    (916) 276-1624

    2 in this area

    43 Total Sales

    Irina Pankratova
    Section Image
  • Olga Zagorenko

    Buyer's Agent in 2021

    Olga Zagorenko

    Berkshire Hathaway Home Services Elite Real Estate

    (916) 798-9548

    4 in this area

    106 Total Sales

    Olga Zagorenko
    Section Image

  • H

    Seller's Agent in 2015

    Hayden Butterfield

    Arrow Realty

    Section Image
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Map

Source: MetroList

MLS Number: 20066845

MetroList

APN: 239-0030-014

California Sacramento County Fair Oaks 95628

7317 Gail Way, Fair Oaks, CA

This home is located at 7317 Gail Way, Fair Oaks, CA 95628 since 05 November 2020 and is currently estimated at $659,771, approximately $286 per square foot. This property was built in 1973. 7317 Gail Way is a home located in Sacramento County with nearby schools including Charles Peck Elementary School, Will Rogers Middle School, and Del Campo High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MetroList IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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