NOT LISTED FOR SALE

7773 Winding Way Fair Oaks, CA 95628

Estimated Value: $615,000 - $773,000

4 Beds
2 Baths
2,478 Sq Ft
$291/Sq Ft Est. Value

Last Sold April 25, 2012

Last sale price $300,000 $121 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $4,195/month

11 Days on Market

Highlights

  • 1.1 Acre Lot
  • No HOA
  • Central Heating and Cooling System

About This Home

As of April 2012

Duplex sitting on 1.1 acres in Fair Oaks. This is a 1949 house that was converted into a duplex. The house is in descent shape and only needs minor repairs in my opinion. Rents were $1200 for bottom unit and $1000 for the upper unit. The surrounding is gorgeous as it sits on top of a hill like a castle. Can you say location, location, location...

Last Agent to Sell the Property

Lisa Granucci

Realty ONE Group Complete License #01826060 Listed on: 03/04/2012

Realty ONE Group Complete

Last Buyer's Agent

Luis Rivas

1st American Realty License #01392264

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,595

Year Built

  • Built in 1949

Lot Details

  • 1.1 Acre Lot
  • Lot Dimensions: 166

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Free-Standing Electric Range

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity gas
  • Assessor Parcel Number 242-0352-008-0000

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 2 Units

Building Details

  • 1 Leased Unit
  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,595

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1949
  • Stories: 2
  • Number of Two Bedroom Units: 2
  • Special Features: 20
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Electric Range
  • Other Equipment: None
  • Flooring: Wood,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Frame,Wood
  • Disclosures/Documents: CC&Rs,None
  • Listing Price: 229000.00
  • Roof: Composition

Garage/Parking

  • Parking Features: Garage,Varies by Unit

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: RD2
  • Lot Size Acres: 1.1000
  • Lot Dimensions: 166 X 291 X 162 X 291
  • Lot Size Sq Ft: 47916

Rental Info

  • Tenant Pays: Electricity,Gas
  • Total # Leasable: 1

Multi Family

  • Gross Income: 26400
  • Income Includes: Rent Only
  • Existing Lease Type: See Remarks
  • Number of Leased Units: 1
  • Number of Units: 2
  • Number of Vacant Units: 1
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 242-0352-008-0000

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2012
Closed on
Mar 22, 2012
Sold by
Aurora Loan Services Llc
Bought by
Velasco Christopher J and Velasco Judy
Seller's Agent
Lisa Granucci
Realty ONE Group Complete
Buyer's Agent
Luis Rivas
1st American Realty
List Price
$229,000
Sold Price
$300,000
Premium/Discount to List
$71,000
31%
Current Estimated Value
$721,308

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$421,308
Avg. Annual Appreciation
6.72%

Purchase Details

Closed on
May 13, 2011
Sold by
Thurman Sommai M and Jacobo Armando
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Nov 9, 2006
Sold by
Thurman Sommai M
Bought by
Jacobo Armando and Thurman Sommai M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
7.87%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 25, 2004
Sold by
Jacobo Armando
Bought by
Thurman Sommai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,000
Interest Rate
6.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 10, 2003
Sold by
Hall Philip J
Bought by
Thurman Sommai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,250
Interest Rate
5.62%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 4, 2003
Sold by
Hall Philip J and Hall Joanne
Bought by
Hall Philip J and Hall Joanne

Purchase Details

Closed on
Feb 27, 2002
Sold by
Hall Philip J and Hall Joanne
Bought by
Hall Philip J and Hall Joanne

Purchase Details

Closed on
Nov 12, 1997
Sold by
Giebler Virginia E Family Revocable Tr
Bought by
Hall Philip J and Hall Joanne
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
Velasco Christopher J $300,000 Fidelity National Title Comp
Aurora Loan Services Llc $551,960 Accommodation
Jacobo Armando -- Fidelity Natl Title Co Of Ca
Thurman Sommai -- California Title Co Of North
Thurman Sommai $507,000 Chicago Title Co
Thurman Sommai -- Chicago Title Co
Hall Philip J -- --
Hall Philip J -- --
Hall Philip J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jacobo Armando $460,000
Previous Owner Thurman Sommai $504,000
Previous Owner Thurman Sommai $380,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2012 04/25/12 Sold $300,000 +31.0% $121 / Sq Ft
03/13/2012 03/13/12 Pending -- -- --
03/02/2012 03/02/12 For Sale $229,000 -- $92 / 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 $4,595 $376,803 $257,485 $119,318
2024 $4,595 $369,416 $252,437 $116,979
2023 $4,454 $362,174 $247,488 $114,686
2022 $4,437 $355,074 $242,636 $112,438
2021 $4,359 $348,113 $237,879 $110,234
2020 $4,296 $344,544 $235,440 $109,104
2019 $4,188 $337,789 $230,824 $106,965
2018 $4,096 $331,167 $226,299 $104,868
2017 $4,056 $324,674 $221,862 $102,812
2016 $3,791 $318,309 $217,512 $100,797
2015 $3,726 $313,528 $214,245 $99,283
2014 $3,648 $307,388 $210,049 $97,339
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2012

    Lisa Granucci

    Realty ONE Group Complete

    (916) 412-3472

    34 Total Sales

    Lisa Granucci
    Section Image
  • Luis Rivas

    Buyer's Agent in 2012

    Luis Rivas

    1st American Realty

    (530) 400-4544

    41 Total Sales

    Luis Rivas
    Section Image
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Map

Source: MetroList

MLS Number: 12014751

MetroList

APN: 242-0352-008

California Sacramento County Fair Oaks 95628

7773 Winding Way, Fair Oaks, CA

This home is located at 7773 Winding Way, Fair Oaks, CA 95628 since 04 March 2012 and is currently estimated at $721,308, approximately $291 per square foot. This property was built in 1949. 7773 Winding 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.

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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