NOT LISTED FOR SALE

7409 Tierra Way Fair Oaks, CA 95628

Estimated Value: $704,341 - $731,000

5 Beds
4 Baths
2,529 Sq Ft
$283/Sq Ft Est. Value

Last Sold November 07, 2019

Last sale price $535,000 $212 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $4,390/month

8 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Garage

About This Home

As of November 2019

Excellent Fair Oaks location. 3/2 and 2/2 duplex surrounded with single family homes. 3 bedroom side has master bedroom upstairs. 2 bedroom side is single story. Ideal opportunity for an owner occupied buyer. Close to schools and shopping.

Last Agent to Sell the Property

Amir Cackovic

eXp Realty of California Inc. License #01484623 Listed on: 09/09/2019

eXp Realty of California Inc.

Last Buyer's Agent

Alexandria Corey

Keller Williams Realty License #01266215

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,091

Year Built

  • Built in 1977

Lot Details

  • 6,970

Parking

  • Garage

Home Design

  • Duplex
  • Tile Roof

Additional Features

  • 2-Story Property
  • 6,970 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity gas
  • Assessor Parcel Number 242-0520-003-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,091

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1977
  • Stories: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Electric Range,Dishwasher,Microwave
  • Other Equipment: None
  • Flooring: Carpet,Tile

Exterior Features

  • Construction Materials: Lap Siding,Wood
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,None
  • Listing Price: 500000.00
  • Roof: Tile

Garage/Parking

  • Parking Features: Garage

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: San Juan Unified

Lot Info

  • Zoning Description: RD10
  • Lot Size Acres: 0.1600
  • Lot Size Sq Ft: 6970

Rental Info

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

Multi Family

  • Gross Income: 39300
  • Income Includes: Rent Only
  • Number of Leased Units: 2
  • Number of Units: 2
  • Number of Vacant Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 242-0520-003-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2019
Closed on
Oct 25, 2019
Sold by
Nayeb Shiva and Payravi Ali
Bought by
Thompson Christopher R and Thompson Jaclyn A
Seller's Agent
Amir Cackovic
eXp Realty of California Inc.
Buyer's Agent
Alexandria Corey
Keller Williams Realty
List Price
$500,000
Sold Price
$535,000
Premium/Discount to List
$35,000
7%
Total Days on Market
8
Current Estimated Value
$715,835

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,835
Avg. Annual Appreciation
5.33%
Original Mortgage
$354,200
Outstanding Balance
$314,287
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$401,548

Purchase Details

Closed on
Jun 28, 2016
Sold by
Ghezehay Tekeste Haile
Bought by
Shiva Nayeb

Purchase Details

Closed on
Apr 6, 2005
Sold by
Ghezehay Tekeste Haile and Ghezehay Tekeste H
Bought by
Ghezehay Tekeste Haile

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 1997
Sold by
Bain Fisher Robert and Bain Victoria
Bought by
Ghezehay Tekeste H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,400
Interest Rate
4.95%
Source: Public Records

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Range of Values:

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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
Thompson Christopher R $535,000 Chicago Title Company
Shiva Nayeb $270,700 None Available
Ghezehay Tekeste Haile -- Chicago Title Co
Ghezehay Tekeste H $142,500 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson Christopher R $354,200
Previous Owner Ghezehay Tekeste Haile $330,000
Previous Owner Ghezehay Tekeste H $180,000
Previous Owner Ghezehay Tekeste H $125,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2019 11/07/19 Sold $535,000 +7.0% $212 / Sq Ft
09/17/2019 09/17/19 Pending -- -- --
09/09/2019 09/09/19 For Sale $500,000 -- $198 / 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
2024 $7,091 $573,625 $155,468 $418,157
2023 $6,886 $562,378 $152,420 $409,958
2022 $6,860 $551,352 $149,432 $401,920
2021 $6,728 $540,542 $146,502 $394,040
2020 $6,632 $535,000 $145,000 $390,000
2019 $3,504 $280,908 $72,828 $208,080
2018 $3,427 $275,400 $71,400 $204,000
2017 $3,393 $270,000 $70,000 $200,000
2016 $2,372 $196,038 $82,541 $113,497
2015 $4,459 $193,095 $81,302 $111,793
2014 $4,309 $189,314 $79,710 $109,604
Source: Public Records

Agents Affiliated with this Home

  • Amir Cackovic

    Seller's Agent in 2019

    Amir Cackovic

    eXp Realty of California Inc.

    (916) 601-5245

    8 in this area

    173 Total Sales

    Amir Cackovic
    Section Image

  • A

    Buyer's Agent in 2019

    Alexandria Corey

    Keller Williams Realty

  • Alexandra Dunne

    Buyer's Agent in 2019

    Alexandra Dunne

    Keller Williams Realty

    (530) 405-6557

    6 Total Sales

    Section Image
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Map

Source: MetroList

MLS Number: 19063814

MetroList

APN: 242-0520-003

California Sacramento County Fair Oaks 95628

7409 Tierra Way, Fair Oaks, CA

This home is located at 7409 Tierra Way, Fair Oaks, CA 95628 since 09 September 2019 and is currently estimated at $715,835, approximately $283 per square foot. This property was built in 1977. 7409 Tierra Way is a home located in Sacramento County with nearby schools including Albert Schweitzer Elementary School, John Barrett 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.

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