$645,000
SOLD AUG 9, 2024
4 Beds
4 Baths
2,495 Sq Ft
0.25 Acres

Recently Sold

$259 Per Sq Ft

1% Below List Price

2 Days on Market

Highlights

  • Corner Lot
  • Double Oven
  • Tile Flooring
  • No HOA
  • Fenced Yard
  • Central Heating and Cooling System

About This Home

As of August 2024

Located in desirable South Land Park, this charming duplex sits on a prominent corner lot and offers a fantastic investment opportunity. Each side of the duplex features 2 bedrooms, 2 bathrooms, and a spacious 2-car garage. The living rooms are expansive and include a cozy fireplace on one side, perfect for relaxing evenings. Both units are equipped with central heating and air conditioning, ensuring comfort throughout the year. The kitchens are well-appointed, with one side boasting a double oven, and all units include dishwashers for added convenience. Each unit has its own laundry room, adding to the ease of living. The covered patios provide a great space for outdoor entertaining or relaxation, with potential for further customization. Additionally, the property's proximity to the freeway makes commuting a breeze. This duplex is a versatile and valuable investment, ideal for both homeowners and investors looking for reliable rental income in a prime location.

Last Agent to Sell the Property

John Pennisi

Coldwell Banker Realty License #01384449 Listed on: 07/16/2024

Coldwell Banker Realty

Last Buyer's Agent

Marlo Jordan

Coldwell Banker Realty License #01976710

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,091

Year Built

  • Built in 1963

Lot Details

  • 0.25 Acre Lot
  • Fenced Yard
  • Corner Lot

Parking

  • 4 Open Parking Spaces
  • 4 Car Garage

Home Design

  • Duplex
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 2,495 Sq Ft Home
  • 1-Story Property
  • Fire and Smoke Detector
  • Laundry in unit

Kitchen

  • Double Oven
  • Electric Cooktop
  • Dishwasher

Flooring

  • Carpet
  • Linoleum
  • Tile

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 029-0165-005-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Net Lease

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,091

Year Built

Built in 1963

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Subtype Description: House(s)
  • Property Subtype 1: Duplex
  • Year Built: 1963
  • Architectural Style: Ranch
  • Levels: One
  • Stories: 1
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Refrigerator, Dishwasher, Double Oven, Electric Cook Top
  • Flooring: Carpet, Tile, Linoleum
  • Price Per Square Foot: 258.52
  • Square Footage: 2495.00

Exterior Features

  • Construction Materials: Wood
  • Exterior Features: Fenced Yard
  • Foundation: Raised
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 649000.00
  • Lot Features: Auto Sprinkler F&R, Corner
  • New Construction: No
  • Pool: No
  • Roof: Composition
  • Spa: No
  • Topography: Level,Level

Garage/Parking

  • Open Parking Spaces: 4.00
  • Garage Spaces: 4.00
  • Parking Features: Attached
  • Total Parking Spaces: 8.00

Utilities

  • Security: Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electric
  • Cooling: Central
  • Electric: 220 Volts
  • Heating: Central
  • Laundry Features: In Each Unit
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: R1
  • Irrigation: Other
  • Lot Size Acres: 0.2500
  • Lot Size Sq Ft: 10890.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Expiration Date: 1800-01-011800-01-01
  • Lease Type: Net

Multi Family

  • Income Includes: ["Rent Only"]
  • Total Number Leasable: 2
  • Number of Units: 2

Tax Info

  • Assessor Parcel Number: 029-0165-005-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2024
Closed on
Aug 7, 2024
Sold by
Zilaff Joan Elizabeth and Zilaff Gary F
Bought by
Houston Family Trust and Houston
Seller's Agent
John Pennisi
Coldwell Banker Realty
Buyer's Agent
Marlo Jordan
Coldwell Banker Realty
List Price
$649,000
Sold Price
$645,000
Premium/Discount to List
-$4,000
-0.62%
Total Days on Market
2
Views
10
Current Estimated Value
$653,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,250
Avg. Annual Appreciation
1.58%
Original Mortgage
$451,500
Outstanding Balance
$448,395
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$204,855
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $645,000 Wfg National Title Insurance C
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $451,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2024 08/09/24 Sold $645,000 -0.6% $259 / Sq Ft
07/18/2024 07/18/24 Pending -- -- --
07/16/2024 07/16/24 For Sale $649,000 -- $260 / 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
2024 $2,091 $132,134 $23,036 $109,098
2023 $2,037 $129,544 $22,585 $106,959
2022 $2,016 $127,005 $22,143 $104,862
2021 $1,926 $124,515 $21,709 $102,806
2020 $1,927 $123,239 $21,487 $101,752
2019 $1,889 $120,823 $21,066 $99,757
2018 $1,843 $118,454 $20,653 $97,801
2017 $1,815 $116,133 $20,249 $95,884
2016 $1,712 $113,856 $19,852 $94,004
2015 $1,682 $112,146 $19,554 $92,592
2014 $1,653 $109,950 $19,171 $90,779
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 224077509

MetroList

APN: 029-0165-005