NOT LISTED FOR SALE

Estimated Value: $482,000 - $508,000

4 Beds
2 Baths
1,605 Sq Ft
$309/Sq Ft Est. Value

Last Sold March 28, 2018

Last sale price $316,000 $197 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $3,104/month

16 Days on Market

Highlights

  • No HOA
  • 1 Car Garage
  • 1-Story Property
  • Double Pane Windows

About This Home

As of March 2018

Clean and ready to go! Stucco exterior and comp roof make this easy to maintain. Washer and dryer hook ups for both units. Garage for each unit. Fenced backyards, Security screen doors and school close by make this a winning combination for this new to market DUPLEX! Great tenants who would love to stay and rent from you. Market rent makes this a 7.43% CAP RATE. Call your agent today! This will not last long.

Last Agent to Sell the Property

Jessica Couch

1st Class Real Estate SD License #01259893 Listed on: 02/20/2018

Co-Listed By

Zhanna Movsisyan

ZT Real Estate, Inc. License #01974621

Last Buyer's Agent

Russ Knapp

Riverside Properties License #01002207

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,251

Lot Details

  • 7,004

Parking

  • 1 Car Garage

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Double Pane Windows
  • Carbon Monoxide Detectors
  • Gas Cooktop

Additional Features

  • 7,004 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for rent only
  • Assessor Parcel Number 077-0154-024-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,251

Lot Details

0

Parking

1

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Stories: 1
  • Year Built Details: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Gas Cook Top
  • Other Equipment: None
  • Flooring: Carpet,Tile
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Stucco,Wood
  • Disclosures/Documents: CC&Rs,Natural Hazard Disclosure Available,Pest Control Report Clear,Rental/Lease Agmts
  • Listing Price: 320000.00
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Garage

Utilities

  • Security: Carbon Mon Detector
  • Cooling: Ceiling Fan(s),Evaporative Cooler
  • Heating: Wall Furnace

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Folsom-Cordova

Lot Info

  • Zoning Description: res
  • Lot Size Acres: 0.1608
  • Lot Size Sq Ft: 7004

Rental Info

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

Multi Family

  • Gross Income: 21300
  • Income Includes: Rent Only
  • Number of Month to Month Units: 2
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 077-0154-024-0000

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 9, 2019
Sold by
Chavez Erika and Chavez David
Bought by
Chavez Erika and Chavez David
Current Estimated Value
$497,984

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,613
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 20, 2018
Closed on
Mar 26, 2018
Sold by
Ponciano Daniel D
Bought by
Jones Erika and Chavez David
Seller's Agent
Jessica Couch
1st Class Real Estate SD
Buyer's Agent
Russ Knapp
Riverside Properties
List Price
$299,000
Sold Price
$316,000
Premium/Discount to List
$17,000
5.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.33%
Original Mortgage
$308,312
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 19, 2004
Sold by
Lenci Carolyn M and Lenci Anthony T
Bought by
Ponciano Daniel D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 25, 2003
Sold by
Lenci Carolyn M
Bought by
Lenci Carolyn M and Lenci Anthony T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,500
Interest Rate
5.79%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Feb 21, 2001
Sold by
Mackay John C
Bought by
Lenci Carolyn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,800
Interest Rate
9.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 13, 1997
Sold by
American Svgs Bank Fa
Bought by
Mackay John C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
5.25%

Purchase Details

Closed on
Nov 26, 1996
Sold by
Quiroz Bernardo E and Quiroz Carmen P
Bought by
American Svgs Bank Fa and American Svgs Bank
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
Chavez Erika -- Title Connect Inc
Jones Erika $316,000 Fidelity National Title Comp
Ponciano Daniel D $265,000 Fidelity National Title Co
Lenci Carolyn M -- --
Lenci Carolyn M $107,000 Fidelity National Title Co
Mackay John C $52,500 Placer Title Company
Mackay John C -- Placer Title Company
American Svgs Bank Fa $71,073 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chavez Erika $307,233
Closed Chavez Erika $305,613
Closed Jones Erika $308,312
Previous Owner Ponciano Daniel D $125,000
Previous Owner Ponciano Daniel D $212,000
Previous Owner Lenci Carolyn M $143,500
Previous Owner Lenci Carolyn M $84,800
Previous Owner Mackay John C $42,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2018 03/28/18 Sold $316,000 +5.7% $197 / Sq Ft
03/01/2018 03/01/18 Pending -- -- --
02/13/2018 02/13/18 For Sale $299,000 -- $186 / 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 $4,251 $359,548 $85,335 $274,213
2024 $4,251 $352,499 $83,662 $268,837
2023 $4,167 $345,588 $82,022 $263,566
2022 $4,115 $338,813 $80,414 $258,399
2021 $4,036 $332,171 $78,838 $253,333
2020 $4,010 $328,766 $78,030 $250,736
2019 $3,947 $322,320 $76,500 $245,820
2018 $3,703 $303,850 $143,323 $160,527
2017 $3,327 $273,739 $129,120 $144,619
2016 $2,959 $242,248 $114,266 $127,982
2015 $2,598 $220,227 $103,879 $116,348
2014 $2,664 $207,761 $97,999 $109,762
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 18010084

MetroList

APN: 077-0154-024