NOT LISTED FOR SALE

8117 Deseret Ave Fair Oaks, CA 95628

Estimated Value: $603,000 - $901,000

4 Beds
2 Baths
1,956 Sq Ft
$356/Sq Ft Est. Value

Last Sold May 20, 2022

Last sale price $550,000 $281 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $4,339/month

7 Days on Market

Highlights

  • Vaulted Ceiling
  • Forced Air Heating and Cooling System
  • Fenced
  • Bella Vista High School Rated A-
  • Washer and Dryer
  • Grass Covered Lot

About This Home

As of May 2022

A great opportunity to acquire a quality duplex on a quiet and mature Fair Oaks neighborhood street. Both units are rented by long term tenants with rents far below market averages. Built in 1977, each unit is 978sf and offers 2 spacious bedrooms and 1 full bath. All units have washer/dryer, attached single car garages, and a fenced backyard. A new composition roof was put on in 2021, and new HVAC units were installed respectively in 2017 and 2018. This duplex is part of a portfolio sale including the duplex next door at 8121/8123 Deseret Avenue ($550k). Owners would prefer to sell both duplexes together, but if a single offer was appealing enough, 8117/8119 Deseret would be sold first.

Last Agent to Sell the Property

Kelly Rivett

Cornish & Carey Commercial License #01249433 Listed on: 04/25/2022

Last Buyer's Agent

Melissa Williams

House Real Estate License #02027768

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,064

Year Built

  • 1977

Lot Details

  • 6,373 Sq Ft Lot
  • Fenced
  • Grass Covered Lot
  • Back Yard

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Slab Foundation
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,956 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Washer and Dryer

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters

Listing and Financial Details

  • Total Actual Rent $31,200

Community Details

Overview

Building Details

  • 2 Leased Units
  • Insurance Expense $1,275
  • Other Expense $1,800
  • Utility Expense $5,640
  • Operating Expense $14,752
  • Gross Income $31,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,064

Year Built

1977

Lot Details

0

Parking

2

Listing Details

  • Zoning: RD-10
  • Subclass: Duplex
  • Age: 45
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1956
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1977

Interior Features

  • Kitchen: Cooktop - Electric, Dishwasher, Oven - Electric, Refrigerator
  • Living Sq Ft: 1956
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition
  • Yard/Grounds: Back Yard, Fenced, Low Maintenance
  • Construction Type: Wood, Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air, Electric
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Vaulted Ceiling

Schools

  • School District: San Juan Unified

Lot Info

  • Lot Description: Regular
  • Lot Acres: 0.1463
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6375.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6375.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 16.83
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters
  • Expense Insurance: 1275
  • Expenses Other: 1800
  • Expenses Total: 14752
  • Expenses Utility: 5640
  • Income Annual Gross: 31200.00
  • Income Annual Rental: 31200
  • Income Gross Scheduled: 31200
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance - Repair, Utilities
  • Tenant Expenses: Utilities - Electric, Utilities - Heating

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2022
Closed on
May 13, 2022
Sold by
Deatsch Family Trust
Bought by
Chae Property Usa Llc
Seller's Agent
Kelly Rivett
Cornish & Carey Commercial
Buyer's Agent
Melissa Williams
House Real Estate
List Price
$525,000
Sold Price
$550,000
Premium/Discount to List
$25,000
4.76%
Current Estimated Value
$679,027

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,027
Avg. Annual Appreciation
7.72%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Chae Property Usa Llc $1,125,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chae Property Usa Llc $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2022 05/20/22 Sold $550,000 +4.8% $281 / Sq Ft
05/03/2022 05/03/22 Pending -- -- --
04/25/2022 04/25/22 For Sale $525,000 -- $268 / Sq Ft
Source: MLSListings

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 $7,064 $583,664 $159,181 $424,483
2024 $7,064 $572,220 $156,060 $416,160
2023 $6,866 $561,000 $153,000 $408,000
2022 $1,560 $119,677 $20,651 $99,026
2021 $1,530 $117,332 $20,247 $97,085
2020 $1,508 $116,130 $20,040 $96,090
2019 $1,470 $113,854 $19,648 $94,206
2018 $1,438 $111,622 $19,263 $92,359
2017 $1,424 $109,435 $18,886 $90,549
2016 $1,334 $107,290 $18,516 $88,774
2015 $1,311 $105,679 $18,238 $87,441
2014 $1,284 $103,611 $17,882 $85,729
Source: Public Records

Agents Affiliated with this Home

  • Kelly Rivett

    Seller's Agent in 2022

    Kelly Rivett

    Cornish & Carey Commercial

    (408) 727-9600

    3 in this area

    18 Total Sales

    Section Image

  • M

    Buyer's Agent in 2022

    Melissa Williams

    House Real Estate

See All Agents

Map

Source: MLSListings

MLS Number: ML81888526

MLSListings

APN: 249-0280-016

California Sacramento County Fair Oaks 95628

8117 Deseret Ave, Fair Oaks, CA

This home is located at 8117 Deseret Ave, Fair Oaks, CA 95628 since 25 April 2022 and is currently estimated at $697,258, approximately $356 per square foot. This property was built in 1977. 8117 Deseret Ave is a home located in Sacramento County with nearby schools including Northridge Elementary School, Andrew Carnegie Middle School, and Bella Vista 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.

MLSListings Property Information © 2025 MLSListings Inc. All rights reserved. Listing information is deemed reliable but not guaranteed. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSListings Inc. The viewer acknowledges ownership and validity of its copyright. Information provided is for personal, non-commercial use by a viewer with a bona fide interest in the purchase or sale of real estate of the type being offered via this website or other electronic means. The viewer is prohibited from copying, redistributing or retransmitting any of the data or information provided by MLSListing, Inc.

Nearby Homes