NOT LISTED FOR SALE

1027 South Ave Sacramento, CA 95838

Del Paso Heights Neighborhood

Estimated Value: $379,000 - $425,000

4 Beds
2 Baths
1,400 Sq Ft
$287/Sq Ft Est. Value

Last Sold August 07, 2015

Last sale price $176,000 $126 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $2,396/month

67 Days on Market

Highlights

  • No HOA
  • Carpet
  • 1-Story Property

About This Home

As of August 2015

Perfect investment . Very good tenants. One is section 8 one is regular. Both are long term tenants.Rents are low but market rate is around $800. Slab foundation, stucco. Corner lot. Close to school and shopping.Must see.

Last Agent to Sell the Property

Mohammed Jalal

American Realty & Financial Group License #01423211 Listed on: 04/10/2015

Last Buyer's Agent

Violeta Duarte

HOMEMART Realty Srvs License #00852136

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,656

Year Built

  • Built in 1964

Lot Details

  • 6,098 Sq Ft Lot

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Carpet
  • Free-Standing Gas Range

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for rent only
  • Assessor Parcel Number 251-0141-006

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 1 Unit Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,656

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1964
  • Stories: 1
  • Number of Two Bedroom Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Range
  • Other Equipment: None
  • Flooring: Carpet

Exterior Features

  • Construction Materials: Stucco,Wood
  • Disclosures/Documents: CC&Rs,Natural Hazard Disclosure Available,Rental/Lease Agmts
  • Listing Price: 176000.00
  • Roof: Composition

Garage/Parking

  • Parking Features: Open,1 Space Per Unit

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Wall Furnace

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Twin Rivers Unified

Lot Info

  • Zoning Description: Duplex
  • Lot Size Acres: 0.1400
  • Lot Size Sq Ft: 6098

Rental Info

  • Tenant Pays: Rent Only
  • Total # Leasable: 2

Multi Family

  • Gross Income: 16800
  • Income Includes: Rent Only
  • Number of Leased Units: 2
  • Number of Month to Month Units: 1
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 251-0141-006

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2015
Closed on
Aug 4, 2015
Sold by
Khorshid Abdulmohammad and Ghoreishi Maheen
Bought by
Saucedo Jose Manuel
Seller's Agent
Mohammed Jalal
American Realty & Financial Group
Buyer's Agent
Violeta Duarte
HOMEMART Realty Srvs
List Price
$176,000
Sold Price
$176,000
Current Estimated Value
$402,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$226,275
Avg. Annual Appreciation
8.78%
Original Mortgage
$129,000
Outstanding Balance
$101,839
Interest Rate
3.98%
Mortgage Type
New Conventional
Estimated Equity
$309,488

Purchase Details

Listed on
Apr 10, 2015
Closed on
Jul 29, 2015
Sold by
Khorshid Tolou and Khorshid Sepideh
Bought by
Khorshid Abdulmohammad and Ghoreishi Maheen
Seller's Agent
Mohammed Jalal
American Realty & Financial Group
Buyer's Agent
Violeta Duarte
HOMEMART Realty Srvs
List Price
$176,000
Sold Price
$176,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,000
Outstanding Balance
$101,839
Interest Rate
3.98%
Mortgage Type
New Conventional
Estimated Equity
$309,488

Purchase Details

Closed on
Jan 9, 2013
Sold by
Khorshid Abdulmohammad
Bought by
Khorshid Tolou and Khorshid Sepideh

Purchase Details

Closed on
Jul 12, 2010
Sold by
Onewest Bank Fsb
Bought by
Khorshid Abdulmohammad

Purchase Details

Closed on
Feb 23, 2010
Sold by
Federal Deposit Insurance Corporation
Bought by
Onewest Bank Fsb

Purchase Details

Closed on
Jan 21, 2010
Sold by
Mouras Belton
Bought by
First Federal Bank Of California

Purchase Details

Closed on
Aug 3, 2006
Sold by
Mouras Belton
Bought by
Mouras Belton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
6.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 2, 2006
Sold by
Sandvick Dolores
Bought by
Mouras Belton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
6.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 8, 2005
Sold by
Trimble Robert L and Trimble Helen J
Bought by
Mouras Belton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
5.77%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 1, 2000
Sold by
Trimble Robert L and Trimble Helen G
Bought by
Trimble Robert L and Trimble Helen J
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
Saucedo Jose Manuel $176,000 Orange Coast Title Co Norcal
Khorshid Abdulmohammad -- None Available
Khorshid Tolou -- None Available
Khorshid Abdulmohammad $69,000 Fidelity National Title Co
Onewest Bank Fsb -- None Available
First Federal Bank Of California $75,676 Accommodation
Mouras Belton -- Fidelity National Title Co
Mouras Belton -- Fidelity National Title
Mouras Belton -- Fidelity National Title Co
Trimble Robert L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saucedo Jose Manuel $129,000
Previous Owner Mouras Belton $264,000
Previous Owner Mouras Belton $264,000
Previous Owner Mouras Belton $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2015 08/07/15 Sold $176,000 0.0% $126 / Sq Ft
06/16/2015 06/16/15 Pending -- -- --
04/10/2015 04/10/15 For Sale $176,000 -- $126 / 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 $2,656 $208,340 $47,348 $160,992
2024 $2,656 $204,256 $46,420 $157,836
2023 $2,665 $200,252 $45,510 $154,742
2022 $2,519 $196,326 $44,618 $151,708
2021 $2,506 $192,478 $43,744 $148,734
2020 $2,479 $190,505 $43,296 $147,209
2019 $2,447 $186,771 $42,448 $144,323
2018 $2,332 $183,110 $41,616 $141,494
2017 $2,380 $179,520 $40,800 $138,720
2016 $2,358 $176,000 $40,000 $136,000
2015 $1,087 $73,552 $20,252 $53,300
2014 $1,104 $72,112 $19,856 $52,256
Source: Public Records

Agents Affiliated with this Home

  • Mohammed Jalal

    Seller's Agent in 2015

    Mohammed Jalal

    American Realty & Financial Group

    (916) 821-3212

    10 in this area

    175 Total Sales

    Mohammed Jalal
    Section Image
  • Violeta Duarte

    Buyer's Agent in 2015

    Violeta Duarte

    HOMEMART Realty Srvs

    (916) 216-0473

    3 Total Sales

    Violeta Duarte
    Section Image
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Map

Source: MetroList

MLS Number: 15022497

MetroList

APN: 251-0141-006

California Sacramento County Sacramento 95838 Del Paso Heights

1027 South Ave, Sacramento, CA

This home is located at 1027 South Ave, Sacramento, CA 95838 since 10 April 2015 and is currently estimated at $402,275, approximately $287 per square foot. This property was built in 1964. 1027 South Ave is a home located in Sacramento County with nearby schools including Del Paso Heights Elementary School, Martin Luther King Jr. Technology Academy, and Grant Union High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MetroList IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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