NOT LISTED FOR SALE

8861 Lance Ave Orangevale, CA 95662

Orangevale Area

Estimated Value: $543,762 - $652,000

4 Beds
2 Baths
1,586 Sq Ft
$380/Sq Ft Est. Value

Sale Details

Date Sold: August 23, 2017

Last sale price $415,000 $262 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $3,786 / mo

64 Days on Market

Highlights

  • No HOA
  • Central Heating
  • 1-Story Property
  • Pershing Elementary School Rated A-

About This Home

As of August 2017

Extremely rare, fully renovated duplex in Orangevale. Turn-key investment property with a functional layout on a large lot that is centrally located to great schools and shopping amenities. Great long-term tenants on both sides.

Last Agent to Sell the Property

B.J. Erickson

HomeSmart ICARE Realty License #01717012 Listed on: 05/25/2017

HomeSmart ICARE Realty

Last Buyer's Agent

Lawrence Hemsley

Realty Point License #01802624

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Lot Details

  • 0.38

Parking

  • 2 Car Garage
  • 1 Parking Space Included

Home Design

  • Duplex
  • Composition Roof

Additional Features

  • 1-Story Property
  • 16,553 Sq Ft Lot
  • Central Heating

Listing and Financial Details

  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 253-0113-006-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2,400 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Lot Details

0.38 Acres

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Architectural Style: A-Frame,Tract
  • Stories: 1
  • Year Built Details: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher,Free Standing Electric Range,Microwave
  • Flooring: Tile,Wood
  • Window Features: Dual Pane Full,Window Coverings

Exterior Features

  • Construction Materials: Stucco,Wood
  • Disclosures/Documents: Natural Hazard Disclosure Available,Rental/Lease Agmts,Transfer Disclosure Statement
  • Listing Price: 419900.00
  • Roof: Composition

Garage/Parking

  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Garage,Street,1+ Space Per Unit

Utilities

  • Security: Carbon Mon Detector,Fire Alarm
  • Utilities: Cable Available,Internet Available
  • Cooling: Ceiling Fan(s),Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: San Juan Unified

Lot Info

  • Zoning Description: RD5
  • Lot Size Acres: 0.3800
  • Lot Size Sq Ft: 16553

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas
  • Total # Leasable: 2

Multi Family

  • Income Includes: Rent Only
  • Number of Leased Units: 2
  • Number of Month to Month Units: 2400
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 253-0113-006-0000

MLS Schools

  • School District (County): Sacramento

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 6, 2020
Sold by
Bought by
Current Estimated Value
$603,441

Purchase Details

Closed on
Jun 25, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 25, 2017
Closed on
Aug 11, 2017
Sold by
Bought by
Seller's Agent
B.J. Erickson
HomeSmart ICARE Realty
Buyer's Agent
Lawrence Hemsley
Realty Point
List Price
$424,900
Sold Price
$415,000
Premium/Discount to List
-$9,900
-2.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.24%
Original Mortgage
$270,300
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 26, 2013
Closed on
Aug 27, 2013
Sold by
Bought by
Seller's Agent
Steve/Woody Woodfill
Windermere Signature Properties Elk Grove
Buyer's Agent
B.J. Erickson
HomeSmart ICARE Realty
List Price
$238,000
Sold Price
$220,000
Premium/Discount to List
-$18,000
-7.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.24%
Original Mortgage
$165,000
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
6.46%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 12, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,083
Interest Rate
8.2%
Mortgage Type
FHA
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Orangevale, CA

  • Geanne Pack Real Estate Agent - Compass

    Geanne Pack

    Responds Quickly

    Compass

    (916) 827-4059

    50 Total Sales

    2 in Orangevale

    $540K - $565K Price Range

    Geanne Pack
     Section Image
  • Harold Frink Real Estate Agent - Prime Focus Realty

    Harold Frink

    Prime Focus Realty

    (916) 249-9211

    91 Total Sales

    1 in Orangevale

    $600,000 Price

    Harold Frink
     Section Image
  • Andi Wagner Real Estate Agent - eXp Realty of California, Inc.

    Andi Wagner

    eXp Realty of California, Inc.

    (530) 317-1585

    201 Total Sales

    1 in Orangevale

    $525,000 Price

    Andi Wagner
     Section Image
  • Britt Wiseman Real Estate Agent - Coldwell Banker Realty

    Britt Wiseman

    Responds Quickly

    Coldwell Banker Realty

    (279) 205-3133

    113 Total Sales

    2 in Orangevale

    $600K - $690K Price Range

    Britt Wiseman
     Section Image
  • Lori Holzer Real Estate Agent - eXp Realty of California, Inc.

    Lori Holzer

    Responds Quickly

    eXp Realty of California, Inc.

    (916) 634-1368

    88 Total Sales

    4 in Orangevale

    $450K - $600K Price Range

    Lori Holzer
     Section Image
  • Trent Andra Real Estate Agent - eXp Realty of California, Inc.

    Trent Andra

    eXp Realty of California, Inc.

    (279) 529-5329

    188 Total Sales

    2 in Orangevale

    $592K - $630K Price Range

    Trent Andra
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
-- First American Title Ins Co
$415,000 Placer Title Company
$220,000 Placer Title Company
-- Alliance Title Company
-- Alliance Title Company
$138,000 North American Title Guarant
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $205,000
Closed $208,000
Closed $270,300
Previous Owner $165,000
Previous Owner $30,000
Previous Owner $179,000
Previous Owner $137,083
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/23/2017 08/23/17 Sold $415,000 -2.3% $262 / Sq Ft
07/27/2017 07/27/17 Pending -- -- --
05/24/2017 05/24/17 For Sale $424,900 +93.1% $268 / Sq Ft
08/29/2013 08/29/13 Sold $220,000 -7.6% $139 / Sq Ft View Prior Sale
08/12/2013 08/12/13 Pending -- -- --
06/25/2013 06/25/13 For Sale $238,000 -- $150 / Sq Ft
Source: MetroList

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $5,707 $481,637 $104,450 $377,187
2025 $5,654 $472,194 $102,402 $369,792
2024 $5,654 $462,937 $100,395 $362,542
2023 $5,512 $453,861 $98,427 $355,434
2022 $5,484 $444,963 $96,498 $348,465
2021 $5,395 $436,239 $94,606 $341,633
2020 $5,296 $431,766 $93,636 $338,130
2019 $5,191 $423,300 $91,800 $331,500
2018 $5,132 $415,000 $90,000 $325,000
2017 $2,946 $232,371 $73,935 $158,436
2016 $2,758 $227,816 $72,486 $155,330
2015 $2,712 $224,395 $71,398 $152,997
2014 $2,657 $220,000 $70,000 $150,000
Source: Public Records

Agents Affiliated with this Home

  • BE

    Seller's Agent in 2017

    B.J. Erickson

    HomeSmart ICARE Realty

    Section Image
  • Lawrence Hemsley Real Estate Agent - Realty Point

    Buyer's Agent in 2017

    Lawrence Hemsley

    Realty Point

    (916) 533-1216

    27 Total Sales

    Lawrence Hemsley
    Section Image

  • SW

    Seller's Agent in 2013

    Steve/Woody Woodfill

    Lyon Real Estate

See All Agents

Map

Source: MetroList

MLS Number: 17031595

MetroList

APN: 253-0113-006

California Sacramento County Orangevale 95662

8861 Lance Ave, Orangevale, CA

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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