NOT LISTED FOR SALE

Estimated Value: $486,000 - $593,000

4 Beds
3 Baths
2,044 Sq Ft
$273/Sq Ft Est. Value

Last Sold August 10, 2016

Last sale price $259,000 $127 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $3,345/month

7 Days on Market

Highlights

  • A-Frame Home
  • Patio
  • 1-Story Property
  • No HOA

About This Home

As of August 2016

Great Investment Opportunity! Don't miss this established rental income property. This Duplex includes 2 Bedroom/2 bath & 2 Bedroom/1 bath units on a large corner lot. Each unit is 1000+ sf with large fenced backyards. Both units are currently rented. Great Location! Close to Schools, CSUS, Transportation, & Easy Commute! Includes Single Car Garage, one Driveway space and on street parking per unit.

Last Agent to Sell the Property

Gayle Tanner

Realty ONE Group Complete License #01828316 Listed on: 07/06/2016

Realty ONE Group Complete

Last Buyer's Agent

Gayle Tanner

Realty ONE Group Complete License #01828316 Listed on: 07/06/2016

Realty ONE Group Complete

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,813

Year Built

  • Built in 1978

Lot Details

  • 7,623

Parking

  • 1 Open Parking Space
  • 1 Car Garage

Home Design

  • Duplex
  • A-Frame Home
  • Composition Roof

Additional Features

  • 1-Story Property
  • Patio
  • 7,623 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for cable tv electricity
  • Assessor Parcel Number 285-0280-034-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Carriage House Terrace Subdivision

Building Details

  • 1 Leased Unit
  • 1 Unit Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,813

Year Built

Built in 1978

Lot Details

0

Parking

1

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1978
  • Architectural Style: A-Frame
  • Stories: 1
  • Subdivision: Carriage House Terrace
  • Number of Two Bedroom Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Electric Oven,Built-In Gas Range,Dishwasher
  • Flooring: Carpet,Tile,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Frame,Vinyl Siding,Wood
  • Disclosures/Documents: CC&Rs,Natural Hazard Disclosure Available,Rental/Lease Agmts
  • Listing Price: 259000.00
  • Patio And Porch Features: Uncovered Patio
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Garage,1+ Space Per Unit

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Utilities: Cable Available,Internet Available
  • Cooling: Ceiling Fan(s),Central
  • Heating: Central,Natural Gas
  • Utilities Expenses: 2376

Condo/Co-op/Association

  • Association Features: Laundry Hook-Up in Units,Public Trans Nearby,Yard Space
  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: RD-10
  • Lot Size Acres: 0.1750
  • Lot Size Sq Ft: 7623

Rental Info

  • Tenant Pays: Cable TV,Electricity
  • Total # Leasable: 2

Multi Family

  • Gross Income: 24300
  • Income Includes: Rent Only
  • Number of Leased Units: 1
  • Number of Month to Month Units: 1
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 285-0280-034-0000

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2019
Sold by
Lo Man Chiu and Lo Man Chiu L
Bought by
Lo Man Chiu
Current Estimated Value
$557,443

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$176,708
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$403,445

Purchase Details

Closed on
Oct 10, 2018
Sold by
Yau Homer and Huang Hai Ling
Bought by
Lo Man Chiu L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 6, 2016
Closed on
Jul 27, 2016
Sold by
Terlau Judith and Navarrete Lhesly M
Bought by
Yau Homer and Huang Hai Ling
Seller's Agent
Gayle Tanner
Realty ONE Group Complete
Buyer's Agent
Gayle Tanner
Realty ONE Group Complete
List Price
$259,000
Sold Price
$259,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.25%
Original Mortgage
$194,250
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 7, 2014
Sold by
Terlau Judith and Navarrete Lhesly M
Bought by
Theodore F Terlau Bypass Trust

Purchase Details

Closed on
Dec 12, 2006
Sold by
Terlau Theodore F and Terlau Maria
Bought by
Terlau Theodore F and Terlau Maria G

Purchase Details

Closed on
Jun 28, 2004
Sold by
Aparicio Carlos and Aparicio Veronica
Bought by
Terlau Theodore F and Terlau Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,300
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 27, 2001
Sold by
Derobertis Ronald G and Deroberts Patricia L
Bought by
Apricio Carlos and Apricio Veronica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
6.92%
Source: Public Records

Range of Values:

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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
Lo Man Chiu -- Calatlantic Title
Lo Man Chiu L $350,000 Fidelity National Title Comp
Yau Homer $259,000 Chicago Title Company
Theodore F Terlau Bypass Trust -- None Available
Terlau Theodore F -- None Available
Terlau Theodore F $360,000 Commerce Title Company
Apricio Carlos $165,000 Alliance Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lo Man Chiu $200,000
Closed Lo Man Chiu L $200,000
Previous Owner Yau Homer $194,250
Previous Owner Terlau Theodore F $251,300
Previous Owner Aparicio Carlos $220,500
Previous Owner Aparicio Carlos $130,900
Previous Owner Apricio Carlos $132,000
Previous Owner Derobertis Ronald G $100,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2016 08/10/16 Sold $259,000 0.0% $127 / Sq Ft
07/13/2016 07/13/16 Pending -- -- --
07/06/2016 07/06/16 For Sale $259,000 -- $127 / 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 $4,813 $390,426 $111,550 $278,876
2024 $4,813 $382,771 $109,363 $273,408
2023 $4,695 $375,267 $107,219 $268,048
2022 $4,669 $367,910 $105,117 $262,793
2021 $4,594 $360,697 $103,056 $257,641
2020 $4,511 $357,000 $102,000 $255,000
2019 $4,424 $350,000 $100,000 $250,000
2018 $3,398 $264,180 $81,600 $182,580
2017 $3,385 $259,000 $80,000 $179,000
2016 $3,240 $310,012 $131,755 $178,257
2015 $3,654 $295,250 $125,481 $169,769
2014 $3,548 $286,650 $121,826 $164,824
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 16043089

MetroList

APN: 285-0280-034