NOT LISTED FOR SALE
4 Beds
5 Baths
2,350 Sq Ft
3,049 Sq Ft Lot Lot

Sale Details

Date Sold: December 2, 2016

Last sale price $678,888 $289 Per Sq Ft

64 Days on Market

Highlights

  • Victorian Architecture
  • No HOA
  • 4-minute walk to Southside Park
  • William Land Elementary School Rated 9+
  • Washer and Dryer

About This Home

As of December 2016

1006 U St. is a 6 unit apartment building located inthe highly desirable rental market of midtown Sacramento. The property consists of (1) 2 Bedroom 2 Bathroom (3) 1 Bedroom 1 Bathroom (2) Studio units. The building comes equipped with on site laundry. Great property for a first time investor, room to raise rents and take advantage of historic low interest rates. The property is 100% occupied.

Last Agent to Sell the Property

Tim Swanston

North Coast Commercial, Inc. License #01887506 Listed on: 07/21/2016

North Coast Commercial, Inc.

Last Buyer's Agent

Darya Ghomeshi

Compass License #01935449

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 3,049 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Victorian Architecture
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Dishwasher
  • Washer and Dryer

Listing and Financial Details

  • Tenant pays for electricity gas rent only
  • Assessor Parcel Number 009-0134-004-0000

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Building Details

  • 6 Leased Units
  • 6 Units Leased Month-To-Month
  • Insurance Expense $3,641
  • Operating Expense $21,259

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

3,049 Sq Ft Lot

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: 5 or More Units
  • Year Built: 1930
  • Architectural Style: Victorian
  • Levels: 0
  • Stories: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher
  • Flooring: Carpet,Laminate

Exterior Features

  • Construction Materials: Block,Stucco,Wood
  • Disclosures/Documents: Rental/Lease Agmts,None
  • Listing Price: 719000.00
  • Roof: Composition

Garage/Parking

  • Parking Features: Street

Utilities

  • Cooling: Central,Wall Unit(s),Varies by Unit
  • Heating: Central,Wall Furnace
  • Laundry Features: Washer/Dryer

Condo/Co-op/Association

  • Association Features: Other
  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: R-1
  • Lot Size Acres: 0.0700
  • Lot Size Sq Ft: 3049

Rental Info

  • Tenant Pays: Electricity,Gas,Rent Only
  • Total # Leasable: 6

Multi Family

  • Operating Expense: 21259
  • Income Includes: Rent Only
  • Insurance Expense: 3641
  • Number of Leased Units: 6
  • Number of Month to Month Units: 6
  • Number of Units: 6
  • Units Furnished: None
  • Gross Income Multiplier: 14.100

Tax Info

  • Assessor Parcel Number: 009-0134-004-0000

MLS Schools

  • School District (County): Sacramento
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/02/2016 12/02/16 Sold $678,888 -5.6% $289 / Sq Ft
09/23/2016 09/23/16 Pending -- -- --
07/21/2016 07/21/16 For Sale $719,000 -- $306 / Sq Ft
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 $9,952 $787,902 $162,480 $625,422
2024 $9,814 $772,454 $159,295 $613,159
2023 $9,582 $757,309 $156,172 $601,137
2022 $9,417 $742,460 $153,110 $589,350
2021 $8,981 $727,903 $150,108 $577,795
2020 $9,041 $720,440 $148,569 $571,871
2019 $8,853 $706,314 $145,656 $560,658
2018 $8,623 $692,465 $142,800 $549,665
2017 $8,502 $678,888 $140,000 $538,888
2016 $7,207 $572,028 $101,372 $470,656
2015 $6,712 $529,656 $93,863 $435,793
2014 $5,877 $460,570 $81,620 $378,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 16047223

MetroList
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