NOT LISTED FOR SALE

Estimated Value: $500,000 - $513,938

4 Beds
2 Baths
1,605 Sq Ft
$316/Sq Ft Est. Value

Last Sold December 01, 2022

Last sale price $470,000 $293 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,215/month

45 Days on Market

Highlights

  • Private Yard
  • Double Pane Windows
  • High Speed Internet
  • No HOA
  • 2 Car Garage
  • Level Lot

About This Home

As of December 2022

Here is another Duplex opportunity. 2 bed 1 bath 1 car garage each unit. Front unit just got new flooring and interior paint. Per owner, Roof is approx 14 reals old. Most of the windows are dual pane. Conveniently located across from an elementary school. Terrific for tenants with kids.

Last Agent to Sell the Property

Dan Earls

eXp Realty of California, Inc. License #01008872 Listed on: 09/16/2022

eXp Realty of California, Inc.

Last Buyer's Agent

Hugo Lopez

Casa Magna Realty License #01701044

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,921

Year Built

  • Built in 1962

Lot Details

  • 7,004 Sq Ft Lot
  • Lot Dimensions: 7044
  • Level Lot
  • Private Yard

Parking

  • 2 Car Garage
  • 4 Open Parking Spaces
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Duplex
  • Concrete Foundation
  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 1-Story Property
  • Double Pane Windows
  • Laminate Flooring
  • Free-Standing Gas Oven

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Heating System Uses Natural Gas
  • 220 Volts
  • Natural Gas Connected
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 077-0154-029-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • El Cortez 3 Subdivision

Building Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,921

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Flats
  • Property Subtype 1: Duplex
  • Stories: 1
  • Year Built: 1962
  • Architectural Style: Ranch
  • Levels: One
  • Stories: 1
  • Subdivision: El Cortez 3
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Oven, Gas Water Heater
  • Flooring: Laminate
  • Price Per Square Foot: 292.83
  • Window Features: Dual Pane Partial

Exterior Features

  • Construction Materials: Stucco, Frame, Glass
  • Disclosures/Documents: Preliminary Title Report, Rental/Lease Agreement(s), Seller Property Questionnaire, Seller Subject to TDS, Transfer Disclosure Statement, Lead Hazard Disclosure, Natural Hazard Disclosure Available
  • Exterior Features: Yard Space
  • Foundation: Concrete, Slab
  • Listing Price: 459950.00
  • Lot Features: Shape Regular, Curbs/Gutters, Sidewalk
  • Roof: Composition
  • Topography: Level

Garage/Parking

  • Open Parking Spaces: 4.00
  • Garage Spaces: 2.00
  • Parking Features: Attached, Off Street, Street, Garage, Varies by Unit
  • Total Parking Spaces: 6.00

Utilities

  • Security: Carbon Mon Detector, Double Strapped Water Heater, Smoke Detector
  • Sewer: In & Connected
  • Utilities: Cable Available, Natural Gas Connected, Electric, Internet Available
  • Cooling: Wall Unit(s)
  • Electric: 220 Volts
  • Heating: Wall Furnace, Natural Gas
  • Laundry Features: In Each Unit, Washer/Dryer Hookups
  • Water Source: Public
  • Separate Meters: Electricity,Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Folsom-Cordova

Lot Info

  • Zoning Description: RD-10
  • Irrigation: None
  • Lot Size Acres: 0.1608
  • Lot Dimensions: 7044 sq feet
  • Lot Size Sq Ft: 7004.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas
  • Lease Term: Month To Month
  • Total # Leasable: 2

Multi Family

  • Income Includes: Rent Only
  • Number of Month to Month Units: 1
  • Number of Units: 2
  • Number of Vacant Units: 1
  • Units Furnished: None
  • Two Bedrooms Occupied: 1
  • Two Bedroom Rent Range: 885

Tax Info

  • Assessor Parcel Number: 077-0154-029-0000
  • Current RE Taxes: 1921
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2022
Closed on
Nov 22, 2022
Sold by
Kwei Company Llc
Bought by
Granados Simon and Granados Araceli Frias
Seller's Agent
Dan Earls
eXp Realty of California, Inc.
Buyer's Agent
Hugo Lopez
Casa Magna Realty
List Price
$459,950
Sold Price
$470,000
Premium/Discount to List
$10,050
2.19%
Views
7
Current Estimated Value
$495,722

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,722
Avg. Annual Appreciation
2.87%
Original Mortgage
$461,487
Outstanding Balance
$448,098
Interest Rate
6.95%
Mortgage Type
FHA
Estimated Equity
$59,137

Purchase Details

Closed on
Sep 20, 2002
Sold by
Kwei Company
Bought by
Kwei Company Llc
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
Granados Simon $470,000 Lennar Title
Kwei Company Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Granados Simon $461,487
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2022 12/01/22 Sold $470,000 +2.2% $293 / Sq Ft
10/31/2022 10/31/22 Pending -- -- --
09/16/2022 09/16/22 For Sale $459,950 -- $287 / 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 $5,729 $488,987 $125,888 $363,099
2024 $5,729 $479,400 $123,420 $355,980
2023 $5,770 $470,000 $121,000 $349,000
2022 $1,959 $155,168 $71,868 $83,300
2021 $1,921 $152,126 $70,459 $81,667
2020 $1,907 $150,567 $69,737 $80,830
2019 $1,876 $147,616 $68,370 $79,246
2018 $1,828 $144,723 $67,030 $77,693
2017 $1,783 $141,886 $65,716 $76,170
2016 $1,724 $139,105 $64,428 $74,677
2015 $1,638 $137,017 $63,461 $73,556
2014 $1,742 $134,334 $62,218 $72,116
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 222122027

MetroList

APN: 077-0154-029