NOT LISTED FOR SALE

8508 Pershing Ave Fair Oaks, CA 95628

Estimated Value: $561,000 - $594,000

4 Beds
2 Baths
1,912 Sq Ft
$301/Sq Ft Est. Value

Last Sold November 21, 2012

Last sale price $287,000 $150 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $3,367/month

9 Days on Market

Highlights

  • No HOA
  • Double Pane Windows
  • Satellite Dish
  • Bella Vista High School Rated A-
  • Central Heating
  • 1-Story Property

About This Home

As of November 2012

Excellent investment opportunity with this updated duplex in Fair Oaks. Located in a prime residential area with a .45 acre lot. 8512 is remodeled with attention to detail and has converted garage for possible third bedroom. Kitchen boosts granite countertops and new stainless steel appliances. New HVAC, interior paint and custom tile floors. Both units have newer dual pane windows. Don't miss this opportunity to own an investment property in Fair Oaks. Not an REO or Short Sale.

Last Agent to Sell the Property

Jim Piatt

eXp Realty of California Inc. License #01307749 Listed on: 10/13/2012

Last Buyer's Agent

Mina jahangiri

Allison James Estates & Homes License #01189754

Allison James Estates & Homes

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 0.45 Acre Lot

Parking

  • 1 Car Garage
  • 1 Parking Space Included

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Double Pane Windows

Utilities

  • Central Heating
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number 253-0013-006-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Fair Vale Terrace Subdivision

Building Details

  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Parking

1

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1965
  • Stories: 1
  • Subdivision: Fair Vale Terrace
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2012

Interior Features

  • Appliances: Dishwasher,Disposal,Free Standing Electric Range,Varies By Unit
  • Other Equipment: Varies by Unit
  • Flooring: Carpet,Laminate,Tile
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Stucco,Wood
  • Disclosures/Documents: CC&Rs,None
  • Listing Price: 287000.00
  • Patio And Porch Features: Covered Patio,Varies by Unit
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 2
  • Covered Parking Spaces: 2
  • Garage Spaces: 1
  • Parking Features: Carport,Garage,Varies by Unit,1+ Space Per Unit

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Utilities: Dish Antenna
  • Cooling: Ceiling Fan(s),Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: Yard Space
  • Association: No

Schools

  • Senior High School District: San Juan Unified

Lot Info

  • Zoning Description: RD-4
  • Lot Size Acres: 0.4500
  • Lot Dimensions: .
  • Lot Size Sq Ft: 19602

Rental Info

  • Tenant Pays: See Remarks
  • Total # Leasable: 2

Multi Family

  • Income Includes: See Remarks
  • Existing Lease Type: See Remarks
  • Number of Units: 2
  • Number of Vacant Units: 1
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 253-0013-006-0000

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 21, 2013
Sold by
Zhang Jindong and Chen Lijia
Bought by
Zhang Jindong and Chen Lijia
Current Estimated Value
$575,246

Purchase Details

Listed on
Oct 13, 2012
Closed on
Nov 15, 2012
Sold by
Sutter Capital Group Lp
Bought by
Zhang Jindong and Chen Lijia
Seller's Agent
Jim Piatt
eXp Realty of California Inc.
Buyer's Agent
Mina jahangiri
Allison James Estates & Homes
List Price
$269,000
Sold Price
$287,000
Premium/Discount to List
$18,000
6.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.43%

Purchase Details

Closed on
Sep 17, 2012
Sold by
Easley Sandra J and Germond Nicholas A
Bought by
Sutter Capital Group Lp

Purchase Details

Closed on
Oct 25, 1999
Sold by
Hunt Earl W and Hunt Helen R
Bought by
Easley Sandra J and Germond Nicholas A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
8.27%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Zhang Jindong -- None Available
Zhang Jindong $287,000 North American Title Company
Sutter Capital Group Lp $176,500 None Available
Easley Sandra J $180,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Easley Sandra J $162,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2012 11/21/12 Sold $287,000 +6.7% $150 / Sq Ft
10/22/2012 10/22/12 Pending -- -- --
10/13/2012 10/13/12 For Sale $269,000 -- $141 / 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 $4,302 $353,408 $123,138 $230,270
2024 $4,302 $346,479 $120,724 $225,755
2023 $4,177 $339,686 $118,357 $221,329
2022 $4,161 $333,027 $116,037 $216,990
2021 $4,081 $326,498 $113,762 $212,736
2020 $4,022 $323,151 $112,596 $210,555
2019 $3,920 $316,816 $110,389 $206,427
2018 $3,834 $310,605 $108,225 $202,380
2017 $3,796 $304,515 $106,103 $198,412
2016 $3,548 $298,545 $104,023 $194,522
2015 $3,487 $294,062 $102,461 $191,601
2014 $3,414 $288,302 $100,454 $187,848
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    Jim Piatt

    eXp Realty of California Inc.

  • M

    Buyer's Agent in 2012

    Mina jahangiri

    Allison James Estates & Homes

    (916) 879-2969

    7 Total Sales

    Mina jahangiri
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Map

Source: MetroList

MLS Number: 12062364

MetroList

APN: 253-0013-006

California Sacramento County Fair Oaks 95628

8508 Pershing Ave, Fair Oaks, CA

Not Listed for Sale

MultiFamily

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