NOT LISTED FOR SALE

8948 Polhemus Dr Elk Grove, CA 95624

North East Elk Grove Neighborhood

Estimated Value: $524,305 - $583,000

4 Beds
2 Baths
1,848 Sq Ft
$299/Sq Ft Est. Value

Last Sold November 28, 2017

Last sale price $370,000 $200 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $3,272/month

56 Days on Market

Highlights

  • No HOA
  • Joseph Kerr Middle School Rated A-
  • 1-Story Property

About This Home

As of November 2017

Two 2bed/1bath units. 1 lease in place until May 2018 for $1050. Other unit is $700 month to month.

Last Agent to Sell the Property

Diane Johnson

Keller Williams Realty License #01500238 Listed on: 08/08/2017

Keller Williams Realty

Co-Listed By

Rachael Bauer

Keller Williams Realty License #02029743

Last Buyer's Agent

Warren Fang

Prime Metropolis Prop., Inc. License #01183540

Property Details

Home Type

  • Multi-Family

Lot Details

  • 9,126

Parking

  • 1 Parking Space Included

Home Design

  • Duplex
  • Composition Roof

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace

Additional Features

  • 1-Story Property
  • 9,126 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for electricity water
  • Assessor Parcel Number 125-0182-010-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Rancho Grande Subdivision

Building Details

  • 2 Leased Units
  • 1 Unit Leased Month-To-Month

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Stories: 1
  • Subdivision: Rancho Grande
  • Year Built Details: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Electric Oven,Electric Cook Top
  • Other Equipment: None
  • Flooring: Carpet,Laminate

Exterior Features

  • Construction Materials: Stucco,Wood
  • Disclosures/Documents: Rental/Lease Agmts,None
  • Listing Price: 380000.00
  • Roof: Composition

Garage/Parking

  • Parking Features: Garage,1 Space Per Unit

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Wall Furnace

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Elk Grove Unified

Lot Info

  • Zoning Description: RD-5
  • Lot Size Acres: 0.2095
  • Lot Size Sq Ft: 9126

Rental Info

  • Tenant Pays: Electricity,Water
  • Total # Leasable: 2

Multi Family

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

Tax Info

  • Assessor Parcel Number: 125-0182-010-0000

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2019
Sold by
Huang Bing Zhen and Huang Su Ying Fang
Bought by
Huang Bing Zhen and Huang Su Ying
Current Estimated Value
$551,826

Purchase Details

Listed on
Aug 8, 2017
Closed on
Nov 20, 2017
Sold by
Hottman Bryan G and The Hottman Revocable Living T
Bought by
Huang Bing Zhen and Huang Su Ying Fang
Seller's Agent
Diane Johnson
Keller Williams Realty
Buyer's Agent
Warren Fang
Prime Metropolis Prop., Inc.
List Price
$380,000
Sold Price
$370,000
Premium/Discount to List
-$10,000
-2.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.05%

Purchase Details

Closed on
Jul 10, 1996
Sold by
Hottman Oscar P and Hottman Delois A
Bought by
Hottman Oscar P and Hottman Delois A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Huang Bing Zhen -- None Available
Huang Bing Zhen $370,000 First American Title Company
Hottman Oscar P -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/28/2017 11/28/17 Sold $370,000 -2.6% $200 / Sq Ft
10/03/2017 10/03/17 Pending -- -- --
08/08/2017 08/08/17 For Sale $380,000 -- $206 / 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 $4,665 $420,992 $113,781 $307,211
2024 $4,665 $412,738 $111,550 $301,188
2023 $4,543 $404,646 $109,363 $295,283
2022 $4,455 $396,713 $107,219 $289,494
2021 $4,391 $388,935 $105,117 $283,818
2020 $4,330 $384,948 $104,040 $280,908
2019 $4,247 $377,400 $102,000 $275,400
2018 $4,561 $370,000 $100,000 $270,000
2017 $1,279 $98,491 $24,607 $73,884
2016 $1,220 $96,561 $24,125 $72,436
2015 $1,242 $95,111 $23,763 $71,348
2014 $1,224 $93,249 $23,298 $69,951
Source: Public Records

Agents Affiliated with this Home

  • Diane Johnson

    Seller's Agent in 2017

    Diane Johnson

    Keller Williams Realty

    (916) 217-7409

    25 in this area

    150 Total Sales

    Diane Johnson
    Section Image
  • Rachael Bauer

    Seller Co-Listing Agent in 2017

    Rachael Bauer

    Keller Williams Realty

    (916) 704-7654

    33 in this area

    200 Total Sales

    Rachael Bauer
    Section Image

  • W

    Buyer's Agent in 2017

    Warren Fang

    Prime Metropolis Prop., Inc.

    Section Image
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Map

Source: MetroList

MLS Number: 17050701

MetroList

APN: 125-0182-010

California Sacramento County Elk Grove 95624 North East Elk Grove

8948 Polhemus Dr, Elk Grove, CA

Not Listed for Sale

MultiFamily

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