NOT LISTED FOR SALE

1028 Lake Glen Way Sacramento, CA 95822

South Land Park Neighborhood

Estimated Value: $641,450 - $671,000

4 Beds
4 Baths
2,495 Sq Ft
$261/Sq Ft Est. Value

Last Sold August 09, 2024

Last sale price $645,000 $259 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,721/month

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
  • Number of Two Bedroom Units: 2
  • 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%
Views
10
Current Estimated Value
$650,863

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,863
Avg. Annual Appreciation
0.88%
Original Mortgage
$451,500
Outstanding Balance
$447,194
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$203,669
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
Houston Family Trust $645,000 Wfg National Title Insurance C
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Houston Family Trust $451,500
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
2025 $2,091 $645,000 $215,000 $430,000
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

  • John Pennisi

    Seller's Agent in 2024

    John Pennisi

    Coldwell Banker Realty

    (916) 803-1126

    1 in this area

    50 Total Sales

    John Pennisi
    Section Image
  • Marlo Jordan

    Buyer's Agent in 2024

    Marlo Jordan

    Coldwell Banker Realty

    (916) 704-2802

    2 in this area

    113 Total Sales

    Marlo Jordan
    Section Image
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Map

Source: MetroList

MLS Number: 224077509

MetroList

APN: 029-0165-005

California Sacramento County Sacramento 95822 South Land Park

1028 Lake Glen Way, Sacramento, CA

This home is located at 1028 Lake Glen Way, Sacramento, CA 95822 since 16 July 2024 and is currently estimated at $650,863, approximately $260 per square foot. This property was built in 1963. 1028 Lake Glen Way is a home located in Sacramento County with nearby schools including John Cabrillo Elementary School, Sam Brannan Middle School, and John F. Kennedy 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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