NOT LISTED FOR SALE

Estimated Value: $970,000 - $1,008,086

9 Beds
6 Baths
3,206 Sq Ft
$307/Sq Ft Est. Value

Last Sold February 05, 2021

Last sale price $785,000 $245 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $6,010/month

9 Days on Market

Highlights

  • Deck
  • Contemporary Architecture
  • Central Heating
  • Joseph Kerr Middle School Rated A-
  • No HOA
  • 1-Story Property

About This Home

As of February 2021

LOCATION, LOCATION, LOCATION ! RARE investment opportunity ! Single story, 4 plex, with 2 - three bedroom, two bath, 1 - two bedroom, one bath, and 1- one bedroom, one bath. Both three bed units have small patio area in back. All have single car garages with washer/dryer hookups. In the heart of Elk Grove, within walking distance of Old Town Elk Grove. Long term tenants with great rental history. Close to shopping, transportation, and easy freeway access.

Last Agent to Sell the Property

Sandra Coash

Paragon Real Estate License #02019883 Listed on: 10/25/2020

Co-Listed By

Hallie Cordes

Paragon Real Estate License #01324503

Last Buyer's Agent

Donny Piwowarski

Hero Real Estate License #01444374

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,581

Year Built

  • Built in 1990

Lot Details

  • 0.26

Parking

  • 4 Car Garage
  • 1 Parking Space Included

Home Design

  • Quadruplex
  • Contemporary Architecture
  • Slab Foundation
  • Composition Roof

Utilities

  • Central Heating
  • Cable TV Available

Additional Features

  • 1-Story Property
  • Deck
  • 0.26 Acre Lot

Listing and Financial Details

  • Tenant pays for cable tv electricity
  • Assessor Parcel Number 125-0232-043-0000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 3 Leased Units
  • 1 Vacant Unit
  • 3 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,581

Year Built

Built in 1990

Lot Details

0

Parking

4

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1990
  • Architectural Style: Contemporary
  • Stories: 1
  • Number of One Bedroom Units: 1
  • Number of Two Bedroom Units: 1
  • Number of Three Bedroom Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher,Disposal,Free Standing Electric Oven
  • Flooring: Carpet,Laminate,Tile,Varies by Unit,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Frame,Wood
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts
  • Foundation: Slab
  • Listing Price: 800000.00
  • Patio And Porch Features: Uncovered Deck
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Garage,1 Space Per Unit
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Cooling: Ceiling Fan(s),Central
  • Heating: Central
  • Water Source: Public

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Elk Grove Unified

Lot Info

  • Zoning Description: RD-20
  • Lot Size Acres: 0.2550
  • Lot Size Sq Ft: 11108

Rental Info

  • Tenant Pays: Cable TV,Electricity
  • Total # Leasable: 4

Multi Family

  • Gross Income: 50700
  • Income Includes: Rent Only
  • Number of Leased Units: 3
  • Number of Month to Month Units: 3
  • Number of Units: 4
  • Number of Vacant Units: 1
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 125-0232-043-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2020
Closed on
Dec 18, 2020
Sold by
Coash Chris and Coash Sandra
Bought by
Horner Clifford and Horner Melissa
Seller's Agent
Sandra Coash
Paragon Real Estate
Buyer's Agent
Donny Piwowarski
Hero Real Estate
List Price
$800,000
Sold Price
$785,000
Premium/Discount to List
-$15,000
-1.88%
Current Estimated Value
$983,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,029
Avg. Annual Appreciation
4.97%
Original Mortgage
$588,750
Outstanding Balance
$427,372
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$555,657

Purchase Details

Listed on
Jul 16, 2011
Closed on
Jan 17, 2012
Sold by
Cha Clayton H and Cha Carlyne J
Bought by
Coash Chris and Coash Sandra
Seller's Agent
Kathy Griffin
M & M Real Estate
Buyer's Agent
Hallie Cordes
Paragon Real Estate
List Price
$335,000
Sold Price
$258,000
Premium/Discount to List
-$77,000
-22.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.08%
Original Mortgage
$183,750
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 2, 2005
Sold by
Loijos Michael N and Rogers Carol A
Bought by
Cha Clayton H and Cha Carlyne J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,000
Interest Rate
6.77%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Mar 31, 2003
Sold by
Loijos Michael N
Bought by
Loijos Michael N and Rogers Carol A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,000
Interest Rate
5.79%

Purchase Details

Closed on
Mar 27, 2003
Sold by
Rogers Carol A
Bought by
Loijos Michael N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,000
Interest Rate
5.79%

Purchase Details

Closed on
Dec 22, 2000
Sold by
Mauricio Mark and Mauricio Shelly
Bought by
Rogers Carol A and Loijos Michael N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
7.71%
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
Horner Clifford $785,000 Fidelity National Title Co
Coash Chris $258,000 Placer Title Company
Cha Clayton H $804,000 Alliance Title Company
Loijos Michael N -- --
Loijos Michael N -- North Bay Title Company
Rogers Carol A $350,000 Alliance Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Horner Clifford $588,750
Previous Owner Coash Chris $183,750
Previous Owner Cha Clayton H $562,000
Previous Owner Loijos Michael N $259,000
Previous Owner Rogers Carol A $260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/05/2021 02/05/21 Sold $785,000 -1.9% $245 / Sq Ft
11/03/2020 11/03/20 Pending -- -- --
10/25/2020 10/25/20 For Sale $800,000 +210.1% $250 / Sq Ft
01/20/2012 01/20/12 Sold $258,000 -23.0% -- View Prior Sale
10/05/2011 10/05/11 Pending -- -- --
07/16/2011 07/16/11 For Sale $335,000 -- --
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 $9,581 $849,707 $200,249 $649,458
2024 $9,581 $833,047 $196,323 $636,724
2023 $10,034 $816,714 $192,474 $624,240
2022 $9,158 $800,700 $188,700 $612,000
2021 $9,035 $785,000 $185,000 $600,000
2020 $3,826 $296,306 $68,907 $227,399
2019 $3,755 $290,497 $67,556 $222,941
2018 $3,660 $284,802 $66,232 $218,570
2017 $3,597 $279,219 $64,934 $214,285
2016 $3,433 $273,745 $63,661 $210,084
2015 $3,328 $269,634 $62,705 $206,929
2014 $3,278 $264,353 $61,477 $202,876
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 20064804

MetroList

APN: 125-0232-043