NOT LISTED FOR SALE

7445 Tierra Way Fair Oaks, CA 95628

Estimated Value: $644,000 - $651,000

4 Beds
4 Baths
2,000 Sq Ft
$323/Sq Ft Est. Value

Last Sold August 10, 2016

Last sale price $324,000 $162 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $3,992/month

62 Days on Market

Highlights

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

About This Home

As of August 2016

Fair Oaks income opportunity with excellent, long term tenants. San Juan Unified School District! Bathroons and kitchen have been updated in past 2 years in 7447 Tierra Way. Rent includes water. Interior pictures attached. PLEASE DO NOT DISTURB TENANTS!

Last Agent to Sell the Property

Steve Galster

Re/Max Gold Fair Oaks License #01325532 Listed on: 05/19/2016

Re/Max Gold Fair Oaks

Co-Listed By

Sue Galster

Re/Max Gold Fair Oaks License #01334310

Last Buyer's Agent

Sarah Hensler

Hensler Real Estate License #01387852

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,592

Year Built

  • 1977

Lot Details

  • 6,970

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Composition Roof

Additional Features

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

Listing and Financial Details

  • Tenant pays for electricity gas
  • Assessor Parcel Number 242-0520-012-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,592

Year Built

1977

Lot Details

0

Parking

2

Listing Details

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

Interior Features

  • Appliances: Dishwasher,Disposal,Free Standing Electric Oven,Free Standing Electric Range
  • Other Equipment: None
  • Flooring: Carpet,Tile,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Wood
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,None
  • Listing Price: 364900.00
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: Yard Space
  • 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

Multi Family

  • Gross Income: 21000
  • Income Includes: Rent Only
  • Number of Leased Units: 2
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 242-0520-012-0000

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 6, 2021
Sold by
Brown Jeremy and Brown Emily
Bought by
Brown Jeremy and Brown Emily
Total Days on Market
62
Current Estimated Value
$646,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,800
Outstanding Balance
$252,025
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$367,139

Purchase Details

Listed on
May 19, 2016
Closed on
Aug 9, 2016
Sold by
Hatch Charles Alfred
Bought by
Hatch Linda
Seller's Agent
Steve Galster
Re/Max Gold Fair Oaks
Buyer's Agent
Sarah Hensler
Hensler Real Estate
List Price
$364,900
Sold Price
$324,000
Premium/Discount to List
-$40,900
-11.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.59%
Source: Public Records

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Range of Values:

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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
Brown Jeremy -- None Available
Hatch Linda -- Placer Title Company
Brown Jeremy $324,000 Placer Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Jeremy B $274,800
Closed Brown Jeremy B $277,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2016 08/10/16 Sold $324,000 -11.2% $162 / Sq Ft
07/20/2016 07/20/16 Pending -- -- --
05/19/2016 05/19/16 For Sale $364,900 -- $182 / 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 $4,592 $368,651 $110,367 $258,284
2023 $4,459 $361,423 $108,203 $253,220
2022 $4,442 $354,337 $106,082 $248,255
2021 $4,357 $347,390 $104,002 $243,388
2020 $4,294 $343,829 $102,936 $240,893
2019 $4,186 $337,088 $100,918 $236,170
2018 $4,095 $330,480 $98,940 $231,540
2017 $4,054 $324,000 $97,000 $227,000
2016 $1,428 $115,104 $17,849 $97,255
2015 $1,403 $113,376 $17,581 $95,795
2014 $1,374 $111,161 $17,239 $93,922
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 16031494

MetroList

APN: 242-0520-012