NOT LISTED FOR SALE

Estimated Value: $357,000 - $580,000

3 Beds
2 Baths
2,150 Sq Ft
$235/Sq Ft Est. Value

Last Sold May 18, 2016

Last sale price $252,000 $117 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $2,972/month

56 Days on Market

Highlights

  • No HOA
  • Garage
  • 1-Story Property

About This Home

As of May 2016

Both side 3 bed 2 bath but 2 car on 10394 side and 1 car garage on 10396 side TOTAL 2084 SQFT it is contingent to view the property at a later date.Proof of Fund and Preapproval letter is required.Income is $2700pm or $32400 per year,In 10 years,you can recoup your investment free and clear.

Last Agent to Sell the Property

Parminder Singh

Real Estate Source Inc License #01469392 Listed on: 03/18/2016

Real Estate Source Inc

Co-Listed By

Naresh Jain

Jain Realty License #00881014

Last Buyer's Agent

Nhan Nguyen

Java Realty License #01930720

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,035

Year Built

  • Built in 1972

Lot Details

  • 7,174

Parking

  • Garage

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Window Treatments

Additional Features

  • 7,174 Sq Ft Lot
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Insurance Expense $560

Listing and Financial Details

  • Tenant pays for cable tv electricity grounds care maintenance
  • Assessor Parcel Number 077-0210-005-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,035

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1972
  • Accessibility Features: 0
  • Architectural Style: A-Frame,Tract
  • Levels: 0
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Electric Oven,Dishwasher,Disposal,Free Standing Electric Range
  • Flooring: Carpet,Tile
  • Window Features: Window Coverings

Exterior Features

  • Construction Materials: Frame,Shingle Siding,Vinyl Siding,Other
  • Disclosures/Documents: Rental/Lease Agmts,None
  • Listing Price: 299900.00
  • Patio And Porch Features: Varies by Unit
  • Roof: Composition

Garage/Parking

  • Parking Features: Garage

Utilities

  • Security: Smoke Detector,Other
  • Utilities: Cable Available
  • Cooling: Central,Heat Pump
  • Heating: Central,Heat Pump
  • Utilities Expenses: 1500

Condo/Co-op/Association

  • Association Features: Varies By Unit,None
  • Association: No

Schools

  • Senior High School District: Folsom-Cordova

Lot Info

  • Zoning Description: RD10
  • Lot Size Acres: 0.1647
  • Lot Size Sq Ft: 7174

Rental Info

  • Tenant Pays: Cable TV,Electricity,Grounds Care,Maintenance

Multi Family

  • Gross Income: 32400
  • Income Includes: Rent Only
  • Insurance Expense: 560
  • Units Furnished: None
  • Gross Income Multiplier: 7.500

Tax Info

  • Assessor Parcel Number: 077-0210-005-0000
  • Current RE Taxes: 2035

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2016
Closed on
May 17, 2016
Sold by
Jain Naresh K and Jain Santosh K
Bought by
Hillview Investment Llc
Seller's Agent
Parminder Singh
Real Estate Source Inc
Buyer's Agent
Nhan Nguyen
Java Realty
List Price
$395,900
Sold Price
$252,000
Premium/Discount to List
-$143,900
-36.35%
Current Estimated Value
$504,752

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,752
Avg. Annual Appreciation
7.66%

Purchase Details

Closed on
Dec 13, 2002
Sold by
Jain Naresh K and Jain Santosh K
Bought by
Jain Naresh K and Jain Santosh K

Purchase Details

Closed on
Jul 30, 2002
Sold by
Jain Naresh K and Jain Santosh K
Bought by
Jain Naresh K and Jain Santosh K

Purchase Details

Closed on
Jul 2, 2001
Sold by
Lehne Michael D and Lehne Suzanne
Bought by
Jain Naresh K and Jain Santosh K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
8.44%

Purchase Details

Closed on
Sep 22, 1999
Sold by
Kwong Guy K and Kwong Eusebia Dwong
Bought by
Lehne Michael D and Lehne Suzanne
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
Hillview Investment Llc $252,500 First American Title Company
Jain Naresh K -- --
Jain Naresh K -- Fidelity National Title Co
Jain Naresh K -- Chicago Title Co
Jain Naresh K $140,000 Fidelity National Title Co
Lehne Michael D $100,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jain Naresh K $98,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2016 05/18/16 Sold $252,000 -36.3% $117 / Sq Ft
05/13/2016 05/13/16 Pending -- -- --
03/18/2016 03/18/16 For Sale $395,900 -- $184 / 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 $3,553 $298,310 $71,024 $227,286
2024 $3,553 $292,462 $69,632 $222,830
2023 $3,482 $286,728 $68,267 $218,461
2022 $3,438 $281,107 $66,929 $214,178
2021 $3,372 $275,596 $65,617 $209,979
2020 $3,350 $272,771 $64,945 $207,826
2019 $3,297 $267,423 $63,672 $203,751
2018 $3,212 $262,180 $62,424 $199,756
2017 $3,132 $257,040 $61,200 $195,840
2016 $2,151 $174,696 $37,431 $137,265
2015 $2,043 $172,073 $36,869 $135,204
2014 $2,174 $168,703 $36,147 $132,556
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 16015825

MetroList

APN: 077-0210-005