NOT LISTED FOR SALE

8328 Crossoak Way Orangevale, CA 95662

Estimated Value: $575,000 - $741,000

4 Beds
3 Baths
2,064 Sq Ft
$308/Sq Ft Est. Value

Last Sold July 25, 2018

Last sale price $430,000 $208 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $3,866/month

7 Days on Market

Highlights

  • No HOA
  • Carpet
  • 1-Story Property
  • Central Heating

About This Home

As of July 2018

This is a unique opportunity to own a private and secluded duplex located in a quiet cul de sac amongst single family homes! This property has been well maintained and has been an excellent long-term investment. It has a large front and backyard which provides for home like living to maximize value with both units having spacious floor plans with long-term tenants currently in place.

Last Agent to Sell the Property

Mike Nichols

Realty ONE Group Complete License #01951587 Listed on: 06/26/2018

Realty ONE Group Complete

Last Buyer's Agent

Michael Gray

Morris Williams Realty License #01373299

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,756

Year Built

  • Built in 1979

Lot Details

  • 0.26 Acre Lot

Parking

  • 3 Car Garage

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Carpet
  • Free-Standing Electric Oven

Utilities

  • Central Heating
  • 220 Volts
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $3,510
  • Assessor Parcel Number 257-0290-016-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Leased Unit
  • 1 Unit Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,756

Year Built

Built in 1979

Lot Details

0

Parking

3

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1979
  • Stories: 1
  • Number of Two Bedroom Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Electric Oven
  • Flooring: Carpet

Exterior Features

  • Construction Materials: Wood
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,Transfer Disclosure Statement
  • Listing Price: 405000.00
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Varies by Unit

Utilities

  • Utilities: Cable Connected
  • Cooling: Ceiling Fan(s),Central
  • Electric: 220 Volts
  • Heating: Central

Condo/Co-op/Association

  • Association Features: Varies By Unit
  • Association: No

Schools

  • Senior High School District: San Juan Unified

Lot Info

  • Zoning Description: RD-5
  • Lot Size Acres: 0.2620
  • Lot Size Sq Ft: 11413

Rental Info

  • Tenant Pays: See Remarks
  • Total Deposit: 3510

Multi Family

  • Gross Income: 30720
  • Income Includes: Rent Only
  • Number of Leased Units: 1
  • Number of Month to Month Units: 1
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 257-0290-016-0000

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2023
Sold by
Rofagha Ramin and Rofagha Khotan
Bought by
Ramin Rofagha And Khotan Novini Family Trust and Rofagha
Current Estimated Value
$636,047

Purchase Details

Listed on
Jun 26, 2018
Closed on
Jul 24, 2018
Sold by
Ruder Joseph Bernard
Bought by
Pace Stephen R
Seller's Agent
Mike Nichols
Realty ONE Group Complete
Buyer's Agent
Michael Gray
Morris Williams Realty
List Price
$405,000
Sold Price
$430,000
Premium/Discount to List
$25,000
6.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.59%
Original Mortgage
$303,750
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 26, 2018
Closed on
Jul 18, 2018
Sold by
Pace Stephen R
Bought by
Rofagha Ramin and Novini Khotan
Seller's Agent
Mike Nichols
Realty ONE Group Complete
Buyer's Agent
Michael Gray
Morris Williams Realty
List Price
$405,000
Sold Price
$430,000
Premium/Discount to List
$25,000
6.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,750
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 26, 2018
Closed on
Jul 11, 2018
Sold by
Pace Richard B and Pace Stephen R
Bought by
Pace Stephen R
Seller's Agent
Mike Nichols
Realty ONE Group Complete
Buyer's Agent
Michael Gray
Morris Williams Realty
List Price
$405,000
Sold Price
$430,000
Premium/Discount to List
$25,000
6.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,750
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 8, 1995
Sold by
Pelkofer Rome
Bought by
Pelkofer Gail
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
Ramin Rofagha And Khotan Novini Family Trust -- None Listed On Document
Pace Stephen R -- Placer Title Company
Rofagha Ramin $430,000 Placer Title Company
Pace Stephen R -- None Available
Pelkofer Gail -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rofagha Ramin $303,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2018 07/25/18 Sold $430,000 +6.2% $208 / Sq Ft
07/03/2018 07/03/18 Pending -- -- --
06/26/2018 06/26/18 For Sale $405,000 -- $196 / 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 $5,756 $479,667 $89,238 $390,429
2024 $5,756 $470,263 $87,489 $382,774
2023 $5,612 $461,043 $85,774 $375,269
2022 $5,583 $452,004 $84,093 $367,911
2021 $5,493 $443,143 $82,445 $360,698
2020 $5,392 $438,600 $81,600 $357,000
2019 $5,285 $430,000 $80,000 $350,000
2018 $3,764 $301,034 $68,656 $232,378
2017 $3,728 $295,132 $67,310 $227,822
2016 $3,489 $289,346 $65,991 $223,355
2015 $2,017 $163,495 $40,423 $123,072
2014 $1,978 $160,294 $39,632 $120,662
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 18043161

MetroList

APN: 257-0290-016