NOT LISTED FOR SALE

806 Kelly Way Folsom, CA 95630

1 Bed
1 Bath
-- Sq Ft
1.97 Acres

Last Sold January 20, 2023

Last sale price $2,700,000

53 Days on Market

Highlights

  • No HOA
  • Fenced Yard
  • Central Heating and Cooling System
  • Theodore Judah Elementary School Rated A
  • Patio
  • Ceiling Fan

About This Home

As of January 2023

Rare opportunity for investor or developer to purchase this multifamily property on nearly 2 acres with R-4 zoning close to old town Folsom. Featuring 6 fully rented duplexes and open land for further development. All units have indoor laundry and backyards.

Last Agent to Sell the Property

Mark Boston

GBR Real Estate & Inv. Co. License #01293214 Listed on: 10/14/2022

Last Buyer's Agent

Matthew Sarro

Collier's International License #01942991

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 1.97 Acre Lot
  • Fenced Yard
  • Level Lot

Parking

  • 4 Car Garage
  • 24 Open Parking Spaces

Home Design

  • Raised Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Laundry in unit

Flooring

  • Carpet
  • Linoleum
  • Laminate
  • Vinyl

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Refrigerated and Evaporative Cooling System
  • Wall Furnace
  • 220 Volts
  • Natural Gas Connected
  • Property is located within a water district

Listing and Financial Details

  • Security Deposit $13,200
  • Tenant pays for electricity, gas
  • Assessor Parcel Number 071-0182-015-0000

Community Details

Overview

  • No Home Owners Association
  • 6 Buildings
  • 12 Units
  • Jaynes Apartments Community

Building Details

  • 12 Leased Units
  • Operating Expense $55,876

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

0

Parking

4

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Apartments
  • Property Subtype 1: 5 or More Units
  • Stories: 1
  • Year Built: 1957
  • Architectural Style: Ranch
  • Stories: 1
  • Number of One Bedroom Units: 6
  • Number of Two Bedroom Units: 6
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Varies By Unit
  • Flooring: Carpet, Laminate, Vinyl, Linoleum, Varies by Unit
  • Price Per Square Foot: 261.73
  • Window Features: Varies by Unit

Exterior Features

  • Construction Materials: Stucco, Wood
  • Exterior Features: Fenced Yard
  • Foundation: Raised
  • Listing Price: 3250000.00
  • Lot Features: None
  • Patio And Porch Features: Uncovered Patio, Varies by Unit
  • Property Condition: Varies by Unit
  • Roof: Composition
  • Topography: Level

Garage/Parking

  • Open Parking Spaces: 24.00
  • Building Name: Jaynes Apartments
  • Garage Spaces: 4.00
  • Parking Features: Garage, Uncovered
  • Total Parking Spaces: 28.00
  • Independent Parking Spaces: 12

Utilities

  • Security: Carbon Mon Detector, Smoke Detector
  • Sewer: In & Connected
  • Utilities: Natural Gas Connected, Electric
  • Cooling: Ceiling Fan(s), Central, Evaporative Cooler, Varies by Unit
  • Electric: 220 Volts
  • Heating: Central, Wall Furnace, Varies by Unit
  • Laundry Features: In Each Unit
  • Water Source: Water District

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Folsom-Cordova

Lot Info

  • Zoning Description: R-4
  • Irrigation: Public District
  • Lot Size Acres: 1.9700
  • Lot Size Sq Ft: 85813.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas
  • Total Deposit: 13200
  • Lease Term: Varies By Unit
  • Total # Leasable: 12

Multi Family

  • Gross Income: 202920
  • Operating Expense: 55876
  • Income Includes: Rent Only
  • Number of Leased Units: 12
  • Number of Units: 12

Tax Info

  • Assessor Parcel Number: 071-0182-015-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

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

Property History

Date Event Price List to Sale Price per Sq Ft
01/20/2023 01/20/23 Sold $2,700,000 -16.9% --
12/06/2022 12/06/22 Pending -- -- --
10/14/2022 10/14/22 For Sale $3,250,000 -- --
Source: MetroList

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Mark Boston

    GBR Real Estate & Inv. Co.

    Section Image
  • Matthew Sarro

    Buyer's Agent in 2023

    Matthew Sarro

    Collier's International

    (916) 616-5267

    65 Total Sales

    Matthew Sarro
    Section Image
See All Agents

Map

Source: MetroList

MLS Number: 222132364

MetroList
California Sacramento County Folsom 95630

806 Kelly Way, Folsom, CA

This home is located at 806 Kelly Way, Folsom, CA 95630 since 14 October 2022. This property was built in 1957. 806 Kelly Way is a home located in Sacramento County with nearby schools including Theodore Judah Elementary School, Sutter Middle School, and Folsom 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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