NOT LISTED FOR SALE

7858 Olympic Way Fair Oaks, CA 95628

Estimated Value: $713,560 - $833,000

6 Beds
4 Baths
2,600 Sq Ft
$294/Sq Ft Est. Value

Last Sold May 18, 2012

Last sale price $278,500 $107 Per Sq Ft

Est. 174% increase in value since last sale

Current estimated payment $4,750/month

2 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Garage

About This Home

As of May 2012

Very nice large duplex in stupendous Fair Oaks single family neighborhood Three bedrooms on both sides plus extensive remodeling with new dual pane windows granite/tile countertops tile/carpet flooring tiled tub surrounds light fixtures garage doors paint in and out Nothing left to do but collect the $$$ Estimated rents could be low Not a short sale or REO Seller is a licensed California Real Estate Broker

Last Agent to Sell the Property

Michael Blasquez

Capital Income Properties License #00606367 Listed on: 05/06/2012

Last Buyer's Agent

Chiun-Sheng Huang

Yuchia Group License #01080323

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,503

Year Built

  • Built in 1971

Lot Details

  • 10,019

Parking

  • Garage

Home Design

  • Duplex
  • Flat Roof Shape

Interior Spaces

  • 2-Story Property
  • Built-In Gas Oven
  • Washer and Dryer Hookup

Additional Features

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

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 242-0302-024-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,503

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1971
  • Stories: 2
  • Number of Three Bedroom Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Gas Oven
  • Flooring: Carpet,Tile
  • Window Features: Dual Pane Full,Window Coverings

Exterior Features

  • Construction Materials: Frame,Stucco,Wood
  • Disclosures/Documents: CC&Rs,Transfer Disclosure Statement
  • Listing Price: 279500.00
  • Roof: Flat

Garage/Parking

  • Parking Features: Garage

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: Laundry Hook-Up in Units
  • Association: No

Schools

  • Senior High School District: San Juan Unified

Lot Info

  • Zoning Description: rd30
  • Lot Size Acres: 0.2300
  • Lot Dimensions: 0x0
  • Lot Size Sq Ft: 10019

Rental Info

  • Tenant Pays: Electricity
  • Total # Leasable: 2

Multi Family

  • Gross Income: 31080
  • Income Includes: Rent Only
  • Existing Lease Type: See Remarks
  • Number of Units: 2
  • Number of Vacant Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 242-0302-024-0000

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 17, 2021
Sold by
Boroumand Neal and Boroumand Laleh
Bought by
Palmer Melvin B and Palmer Joy P
Current Estimated Value
$764,390

Purchase Details

Closed on
Apr 29, 2019
Sold by
Stevens John Richard and Stevens Nancy Ann
Bought by
Boroumand Neal and Boroumand Laleh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,250
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 6, 2012
Closed on
May 16, 2012
Sold by
Wamu Servicing Lp
Bought by
Stevens John Richard and Stevens Nancy Ann
Seller's Agent
Michael Blasquez
Capital Income Properties
Buyer's Agent
Chiun-Sheng Huang
Yuchia Group
List Price
$279,500
Sold Price
$278,500
Premium/Discount to List
-$1,000
-0.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.81%

Purchase Details

Listed on
May 6, 2012
Closed on
Apr 11, 2012
Sold by
Sammut Kenneth P
Bought by
Wamu Servicing Lp
Seller's Agent
Michael Blasquez
Capital Income Properties
Buyer's Agent
Chiun-Sheng Huang
Yuchia Group
List Price
$279,500
Sold Price
$278,500
Premium/Discount to List
-$1,000
-0.36%

Purchase Details

Closed on
Jan 4, 2006
Sold by
Sammut Kenneth P
Bought by
Sammut Kenneth P and Sammut Sarah E

Purchase Details

Closed on
Sep 27, 2005
Sold by
Sammut Sarah E
Bought by
Sammut Kenneth P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,000
Interest Rate
5.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 22, 2005
Sold by
Gillette Carl M and Gillette Martha R
Bought by
Sammut Kenneth P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,000
Interest Rate
5.75%
Mortgage Type
Fannie Mae Freddie Mac
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
Palmer Melvin B $651,000 Stewart Title Of Sacramento
Boroumand Neal $490,000 Stewart Title Of Sacramento
Stevens John Richard $278,500 Stewart Title Of Sacramento
Wamu Servicing Lp $195,500 None Available
Sammut Kenneth P -- None Available
Sammut Kenneth P -- Alliance Title Company
Sammut Kenneth P $520,000 Alliance Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Boroumand Neal $350,250
Previous Owner Sammut Kenneth P $404,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2012 05/18/12 Sold $278,500 -0.4% $107 / Sq Ft
05/08/2012 05/08/12 Pending -- -- --
05/06/2012 05/06/12 For Sale $279,500 -- $108 / 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 $8,503 $704,661 $162,364 $542,297
2024 $8,503 $690,845 $159,181 $531,664
2023 $8,256 $677,300 $156,060 $521,240
2022 $8,225 $664,020 $153,000 $511,020
2021 $5,983 $481,274 $113,362 $367,912
2020 $5,898 $476,340 $112,200 $364,140
2019 $3,884 $313,583 $78,817 $234,766
2018 $3,799 $307,435 $77,272 $230,163
2017 $3,761 $301,407 $75,757 $225,650
2016 $3,515 $295,498 $74,272 $221,226
2015 $3,455 $291,060 $73,157 $217,903
2014 $3,382 $285,359 $71,724 $213,635
Source: Public Records

Agents Affiliated with this Home

  • Michael Blasquez

    Seller's Agent in 2012

    Michael Blasquez

    Capital Income Properties

    (916) 365-3770

    5 Total Sales

    Michael Blasquez
    Section Image

  • C

    Buyer's Agent in 2012

    Chiun-Sheng Huang

    Yuchia Group

  • Anna Huang

    Buyer's Agent in 2012

    Anna Huang

    eXp Realty of California, Inc.

    (916) 613-4900

    1 in this area

    244 Total Sales

    Anna Huang
    Section Image
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Map

Source: MetroList

MLS Number: 12029262

MetroList

APN: 242-0302-024

California Sacramento County Fair Oaks 95628

7858 Olympic Way, Fair Oaks, CA

This home is located at 7858 Olympic Way, Fair Oaks, CA 95628 since 06 May 2012 and is currently estimated at $764,390, approximately $293 per square foot. This property was built in 1971. 7858 Olympic Way is a home located in Sacramento County with nearby schools including Kingswood K-8, San Juan High School, and Saint Mel Catholic 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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