NOT LISTED FOR SALE

Estimated Value: $1,006,077

Studio
-- Bath
-- Sq Ft
8,712 Sq Ft Lot

Last Sold November 03, 2021

Last sale price $985,000

Est. 2% increase in value since last sale

Current estimated payment $6,411/month

11 Days on Market

About This Home

As of November 2021

A Special Opportunity in the Fab 40's Neighborhood of East Sacramento! A great bungalow with covered porch entries. Downstairs offers a living/waiting room w/fireplace, business office, 4 rooms, kitchenette & 2 restrooms. Upper floor has 4 regular rooms - each with a ceiling fan, plus 1 spacious room, 2 restrooms, and kitchen w/seating area. Window coverings on all windows, 3 AC units and 2 heating units. Dual pane windows throughout. Basement for storage. Private entrances to some rooms. Off street parking. Landscaped front & side area with auto-sprinklers. Public transit (bus route) on J St side. Close to casual eateries & coffee. Great location in the Heart of East Sacramento!

Last Agent to Sell the Property

Tim Collom

House Real Estate License #01304855 Listed on: 09/23/2021

Co-Listed By

Kimberly Squaglia

House Real Estate License #01887890

Last Buyer's Agent

Michael Zohrab

Windermere Signature Properties Sierra Oaks License #01060264

Windermere Signature Properties Sierra Oaks

Property Details

Home Type

  • Multi-Family

Year Built

  • 1935

Lot Details

  • 8,712

Home Design

  • Mixed Use

Property Details

Home Type

Multi-Family

Year Built

1935

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Mixed Use
  • Property Sub Type: Other
  • Architectural Style: Bungalow
  • Co List Office Mls Id: 01HOSR
  • Directions: Corner of 40th St and J St
  • Building Stories: 2
  • Special Features: None
  • Stories: 2
  • Year Built: 1935

Interior Features

  • Appliances: Electric Cook Top
  • Has Basement: Storage Area, Unfinished
  • Price Per Square Foot: 330.32
  • Flooring: Carpet, Linoleum
  • Number Of Buildings: 1
  • Stories: 2
  • Window Features: Dual Pane Full

Exterior Features

  • Roof: Composition
  • Foundation Details: Raised
  • Construction Type: Stucco, Frame, Wood
  • Lot Features: Corner, Curbs/Gutters, Sidewalk, Landscape Front

Garage/Parking

  • Parking Features: Off Street, Carport, Detached, Uncovered
  • Carport Spaces: 3
  • Open Parking Spaces: 10
  • Total Parking Spaces: 13

Utilities

  • Cooling: Ceiling Fan(s), Central, MultiUnits
  • Heating: Central, MultiUnits
  • Separate Meters: Electricity,Other
  • Laundry Features: Other
  • Security: Smoke Detector
  • Sewer: In & Connected
  • Utilities: All Electric, Natural Gas Connected, Internet Available
  • Water Source: Meter on Site, Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Sacramento Unified

Lot Info

  • Lot Size Sq Ft: 9121
  • Zoning Description: R-1

Rental Info

  • Total # Leasable: 9

Tax Info

  • Bonds/Assessments/Taxes: Unknown

Multi Family

  • Income Includes: Rent Only
  • Number Of Units Total: 9
  • Number Of Units Vacant: 9

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2021
Closed on
Dec 14, 2021
Sold by
Azarbal Farnaz and Benejee Sudeep
Bought by
Azarbal Farnaz and Benerjee Sudeep
Seller's Agent
Tim Collom
House Real Estate
Buyer's Agent
Michael Zohrab
Windermere Signature Properties Sierra Oaks
List Price
$989,000
Sold Price
$985,000
Premium/Discount to List
-$4,000
-0.4%
Current Estimated Value
$1,006,077

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,077
Avg. Annual Appreciation
0.48%
Original Mortgage
$625,000
Outstanding Balance
$488,741
Interest Rate
2.35%
Mortgage Type
New Conventional
Estimated Equity
$517,336

Purchase Details

Listed on
Sep 23, 2021
Closed on
Oct 26, 2021
Sold by
Otterness Nancy K and Otterness Larry J
Bought by
Azarbai Farnaz and Banerjee Sudeep
Seller's Agent
Tim Collom
House Real Estate
Buyer's Agent
Michael Zohrab
Windermere Signature Properties Sierra Oaks
List Price
$989,000
Sold Price
$985,000
Premium/Discount to List
-$4,000
-0.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Outstanding Balance
$488,741
Interest Rate
2.35%
Mortgage Type
New Conventional
Estimated Equity
$517,336

Purchase Details

Closed on
Sep 30, 2019
Sold by
Otterness Nancy K and Isenberg Phillip
Bought by
Otterness Nancy K and Trust A

Purchase Details

Closed on
Dec 27, 2000
Sold by
Revocable Trust Larry J & Nancy K Otterness 1 and Otterness Nancy K
Bought by
Otterness Nancy K and Isenberg Phillip
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
Azarbal Farnaz -- Fidelity National Title Co
Azarbai Farnaz $985,000 Stewart Title Of Sacramento
Azarbai Farnaz $985,000 Stewart Title Of Sacramento
Otterness Nancy K -- None Available
Otterness Nancy K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Azarbal Farnaz $625,000
Closed Azarbai Farnaz $625,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/03/2021 11/03/21 Sold $985,000 -0.4% --
10/04/2021 10/04/21 Pending -- -- --
09/23/2021 09/23/21 For Sale $989,000 -- --
Source: MetroList

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 $12,420 $1,045,289 $583,664 $461,625
2024 $12,420 $1,024,794 $572,220 $452,574
2023 $12,129 $1,004,700 $561,000 $443,700
2022 $12,405 $985,000 $550,000 $435,000
2021 $4,591 $366,204 $101,271 $264,933
2020 $4,622 $362,450 $100,233 $262,217
2019 $4,528 $355,344 $98,268 $257,076
2018 $4,415 $348,378 $96,342 $252,036
2017 $4,358 $341,548 $94,453 $247,095
2016 $4,162 $334,851 $92,601 $242,250
2015 $4,104 $329,823 $91,211 $238,612
2014 $3,999 $323,364 $89,426 $233,938
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 221121541

MetroList

APN: 008-0141-021

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