NOT LISTED FOR SALE

7449 Tierra Way Fair Oaks, CA 95628

Estimated Value: $639,000 - $695,000

5 Beds
4 Baths
-- Sq Ft
6,970 Sq Ft Lot

Last Sold April 14, 2021

Last sale price $605,000

Est. 11% increase in value since last sale

Current estimated payment $4,405/month

26 Days on Market

Highlights

  • Contemporary Architecture
  • Fenced Yard
  • 3 Car Garage
  • No HOA
  • Central Heating and Cooling System

About This Home

As of April 2021

Well maintained duplex in good condition in a great location! Good rents from long-term tenants to support your return on investment. The 3/2 side is very large (the size of a small house) with the master suite upstairs off the landing and an outdoor seating area. The other side is a 2/2 and is in excellent condition.

Last Agent to Sell the Property

Suneet Agarwal

LPT Realty, Inc License #01730722 Listed on: 02/15/2021

LPT Realty, Inc

Co-Listed By

Steven Dekok

The Abode Group License #01970258

Last Buyer's Agent

Igor Kravchenko

ABC Realty & Mortgages, Inc. License #01495383

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,925

Year Built

  • Built in 1977

Lot Details

  • 6,970 Sq Ft Lot
  • Fenced Yard

Parking

  • 3 Car Garage

Home Design

  • Duplex
  • Contemporary Architecture
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2-Story Property

Utilities

  • Central Heating and Cooling System
  • 220 Volts

Listing and Financial Details

  • Assessor Parcel Number 242-0520-013-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,925

Year Built

Built in 1977

Lot Details

0

Parking

3

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Flats
  • Property Subtype 1: Duplex
  • Year Built: 1977
  • Architectural Style: Contemporary
  • Stories: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other

Exterior Features

  • Construction Materials: Frame,Wood
  • Exterior Features: Fenced Yard
  • Foundation: Slab
  • Listing Price: 559900.00
  • Lot Features: Cul-De-Sac,Shape Regular
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Garage
  • Total Parking Spaces: 3

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Cable Available,Internet Available
  • Cooling: Central
  • Electric: 220 Volts
  • Heating: Central
  • Laundry Features: Other
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Floors: 2

Schools

  • Senior High School District: San Juan Unified

Lot Info

  • Zoning Description: RD 10
  • Irrigation: None
  • Lot Size Acres: 0.1600
  • Lot Size Sq Ft: 6970

Rental Info

  • Lease Term: Month to Month
  • Total # Leasable: 2

Multi Family

  • Income Includes: Rent Only
  • Number of Leased Units: 2
  • Number of Month to Month Units: 2
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 242-0520-013-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2021
Closed on
Apr 14, 2021
Sold by
Ng Woo Frank
Bought by
Welch Family Revocable Trust
Seller's Agent
Suneet Agarwal
LPT Realty, Inc
Buyer's Agent
Igor Kravchenko
ABC Realty & Mortgages, Inc.
Sold Price
$605,000
Total Days on Market
26
Current Estimated Value
$669,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,764
Avg. Annual Appreciation
2.48%
Original Mortgage
$453,750
Outstanding Balance
$414,092
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$255,672

Purchase Details

Listed on
Feb 15, 2021
Closed on
Apr 13, 2021
Sold by
Dee Woo Donna and Woo Revocable Living Trust
Bought by
Dechev Dimitar and Derbeneva Inna
Seller's Agent
Suneet Agarwal
LPT Realty, Inc
Buyer's Agent
Igor Kravchenko
ABC Realty & Mortgages, Inc.
Sold Price
$605,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$453,750
Outstanding Balance
$414,092
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$255,672

Purchase Details

Listed on
Feb 15, 2021
Closed on
Apr 9, 2021
Sold by
Ng Woo Frank
Bought by
Welch Family Revocable Trust
Seller's Agent
Suneet Agarwal
LPT Realty, Inc
Buyer's Agent
Igor Kravchenko
ABC Realty & Mortgages, Inc.
Sold Price
$605,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$453,750
Outstanding Balance
$414,092
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$255,672

Purchase Details

Listed on
Sep 9, 2015
Closed on
Dec 21, 2015
Sold by
Welch David P and Welch Nancy S
Bought by
Woo Revocable Living Trust
Seller's Agent
Steven Hillier
eXp Realty of California Inc
Buyer's Agent
Ricky Delgado
eXp Realty of California Inc
List Price
$375,000
Sold Price
$357,000
Premium/Discount to List
-$18,000
-4.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.49%
Original Mortgage
$250,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 2014
Sold by
Welch David P and Welch Nancy S
Bought by
Welch David P and Welch Nancy S

Purchase Details

Closed on
Oct 27, 2008
Sold by
Federal National Mortgage Association
Bought by
Welch Nancy S and Welch David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,500
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 16, 2008
Sold by
Weagraff Patrick J and Weagraff Sandra L
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 21, 2003
Sold by
Weagraff Sandra and Weagraff Patrick
Bought by
Weagraff Patrick J and Weagraff Sandra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,800
Interest Rate
5.96%

Purchase Details

Closed on
Oct 11, 2001
Sold by
Weagraff Jane L
Bought by
Weagraff Patrick and Weagraff Sandra
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
Welch Family Revocable Trust -- --
Dechev Dimitar $605,000 Chicago Title Company
Welch Family Revocable Trust -- --
Woo Revocable Living Trust $357,000 Fidelity National Title Co
Welch David P -- None Available
Welch Nancy S $305,000 Commonwealth Land Title Co
Federal National Mortgage Association $236,326 Landsafe Title
Weagraff Patrick J -- Placer Title Company
Weagraff Patrick -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dechev Dimitar $453,750
Previous Owner Woo Revocable Living Trust $250,000
Previous Owner Welch Nancy S $212,600
Previous Owner Welch Nancy S $213,500
Previous Owner Weagraff Patrick J $210,000
Previous Owner Weagraff Patrick J $236,800
Previous Owner Weagraff Jane L $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2021 04/14/21 Sold $605,000 +8.1% --
03/13/2021 03/13/21 Pending -- -- --
03/09/2021 03/09/21 For Sale -- -- --
02/15/2021 02/15/21 Pending -- -- --
02/15/2021 02/15/21 For Sale $559,900 +56.8% --
12/31/2015 12/31/15 Sold $357,000 -4.8% $143 / Sq Ft
11/12/2015 11/12/15 Pending -- -- --
09/09/2015 09/09/15 For Sale $375,000 -- $150 / 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 $7,925 $642,028 $210,585 $431,443
2023 $7,695 $629,440 $206,456 $422,984
2022 $7,666 $617,099 $202,408 $414,691
2021 $4,885 $390,428 $127,955 $262,473
2020 $4,815 $386,425 $126,643 $259,782
2019 $4,694 $378,849 $124,160 $254,689
2018 $4,591 $371,422 $121,726 $249,696
2017 $4,545 $364,140 $119,340 $244,800
2016 $4,249 $357,000 $117,000 $240,000
2015 $5,927 $326,798 $107,146 $219,652
2014 $5,288 $320,398 $105,048 $215,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 221004743

MetroList

APN: 242-0520-013