Sherry Montalvo
Kind & Kin Properties
(916) 292-9978
49 Total Sales
2 in Midtown Sacramento
$725K - $1.6M Price Range
1018 22nd St Sacramento, CA 95816
Midtown Sacramento NeighborhoodEstimated Value: $729,418
4
Beds
4
Baths
2,400
Sq Ft
$304/Sq Ft
Est. Value
Highlights
- 0.15 Acre Lot
- Victorian Architecture
- No HOA
- Wood Flooring
- Corner Lot
- Zero Lot Line
About This Home
As of May 2023Landmark property on the market for the first time in half a century - 1026 22nd St, 2131 K, & 1018 22nd. Portfolio of 2 parcels with 3 separate structures & development opportunity located on the most attractive corner in Midtown, across from Temple Coffee, surrounded by award-winning dining amenities, cafes, & boutiques. Corner brick building is ~5482 SF commercial retail/office/residential on 3200 SF parcel. All four apartments 1-bed 1-bath. 2 have balconies & extra storage space. Inline Victorian building is ~2507 SF commercial retail/office plus detached 4-stall garage on 3200 SF parcel. Remarkable historic architecture/design & prominent high visibility signage on K & 22nd St. with diverse mix of tenants. New owner can realize tremendous upside after renovation of the commercial spaces, updating apartments with modern appliances, re-tenanting all units at market value rents & potentially developing a project of more units on the alley.
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1924
Lot Details
- 6,400 Sq Ft Lot
- Corner Lot
- Zero Lot Line
Parking
- 4 Car Garage
Home Design
- Victorian Architecture
- Brick Exterior Construction
- Brick Foundation
- Raised Foundation
- Slab Foundation
Interior Spaces
- 2-Story Property
Flooring
- Wood
- Concrete
Listing and Financial Details
- Assessor Parcel Number 007-0091-006
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 8 Units
Building Details
- 8 Leased Units
- 8 Units Leased Month-To-Month
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
Listed on
Jan 31, 2023
Closed on
May 8, 2023
Sold by
Bought by
Seller's Agent
Patrick Stelmach
CBRE Inc.
Buyer's Agent
Patrick Stelmach
CBRE Inc.
List Price
$2,850,000
Sold Price
$2,100,000
Premium/Discount to List
-$750,000
-26.32%
Views
2
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,370,582
Avg. Annual Appreciation
-27.56%
Purchase Details
Closed on
Feb 16, 2022
Sold by
Bought by
Purchase Details
Closed on
Jul 1, 2005
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Midtown Sacramento, CA
-
Sherry Montalvo
-
Chris Little
Chris Little
Little Real Estate Services
(916) 848-7938
30 Total Sales
1 in Midtown Sacramento
$681,500 Price
-
Zachary Scicluna
Zachary Scicluna
HomeSmart ICARE Realty
(530) 450-2737
25 Total Sales
1 in Midtown Sacramento
$475,000 Price
-
Michael Miller
Michael Miller
Miller Real Estate
(916) 245-9571
123 Total Sales
1 in Midtown Sacramento
$880,000 Price
-
Michael Onstead
Michael Onstead
Coldwell Banker Realty
(916) 999-9412
126 Total Sales
16 in Midtown Sacramento
$450K - $1.7M Price Range
-
Ann Vuletich
Ann Vuletich
Coldwell Banker Realty
(916) 694-1026
14 Total Sales
1 in Midtown Sacramento
$835,000 Price
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 |
|---|---|---|---|
| $700,000 | Placer Title | ||
| -- | -- | ||
| -- | -- |
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 |
|---|---|---|---|---|
| 05/15/2023 05/15/23 | Sold | $2,100,000 | -26.3% | $875 / Sq Ft |
| 01/31/2023 01/31/23 | Pending | -- | -- | -- |
| 01/31/2023 01/31/23 | For Sale | $2,850,000 | -- | $1,188 / 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 | $9,396 | $742,845 | $477,543 | $265,302 |
| 2025 | $9,255 | $728,280 | $468,180 | $260,100 |
| 2024 | $9,255 | $714,000 | $459,000 | $255,000 |
| 2023 | $8,962 | $693,600 | $428,400 | $265,200 |
| 2022 | $8,805 | $680,000 | $420,000 | $260,000 |
| 2021 | $1,551 | $52,811 | $25,449 | $27,362 |
| 2020 | $1,533 | $52,271 | $25,189 | $27,082 |
| 2019 | $1,499 | $51,247 | $24,696 | $26,551 |
| 2018 | $1,463 | $50,243 | $24,212 | $26,031 |
| 2017 | $1,437 | $49,259 | $23,738 | $25,521 |
| 2016 | $1,380 | $48,294 | $23,273 | $25,021 |
| 2015 | $1,355 | $47,570 | $22,924 | $24,646 |
| 2014 | $1,327 | $46,639 | $22,475 | $24,164 |
Source: Public Records
Agents Affiliated with this Home
-
Patrick Stelmach
Seller's Agent in 2023
Patrick Stelmach
CBRE Inc.
(916) 817-9148
3 in this area
18 Total Sales
-
Ken Turton
Seller Co-Listing Agent in 2023
Ken Turton
Ken Turton, Broker
(916) 573-3301
1 in this area
5 Total Sales
Map
Source: MetroList
MLS Number: 223007563
APN: 007-0091-005
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