NOT LISTED FOR SALE

Estimated Value: $447,708 - $545,000

4 Beds
2 Baths
1,636 Sq Ft
$305/Sq Ft Est. Value

Last Sold November 23, 2015

Last sale price $198,000 $121 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $2,929/month

61 Days on Market

Highlights

  • Contemporary Architecture
  • 2 Car Garage
  • 1-Story Property
  • No HOA
  • Satellite Dish

About This Home

As of November 2015

Amazing Income Opportunity! Nice cash flow and Long term tenants who would like to stay on both sides. If you are looking for an investment property, this is it! Professionally managed, conveniently located - close to shopping, light rail, schools, parks and much, much more. This duplex features great tenants (2)2 BdRm,1Ba,1 car garage w/laundry hook ups in each unit. Pics are from one unit. PLEASE DO NOT DISTURB TENANTS, NO SIGN, NO LOCKBOX. Contact your agent for more details

Last Agent to Sell the Property

Heidi Marie

Keller Willams Capital Valley License #01930953 Listed on: 08/30/2015

Last Buyer's Agent

Betty Le

Premier Realty License #01495591

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,153

Lot Details

  • 6,534 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Contemporary Architecture
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Free-Standing Gas Range

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Satellite Dish

Listing and Financial Details

  • Security Deposit $600
  • Tenant pays for cable tv electricity gas sewer trash collection water
  • Assessor Parcel Number 077-0173-020-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Cordova Meadows 12 Subdivision

Building Details

  • 1 Unit Leased Month-To-Month
  • Insurance Expense $800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,153

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Architectural Style: Contemporary
  • Stories: 1
  • Subdivision: Cordova Meadows 12
  • Year Built Details: Unknown
  • Number of Two Bedroom Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Range
  • Flooring: Carpet,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Frame,Stucco
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,None
  • Listing Price: 215000.00
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Utilities: Dish Antenna
  • Cooling: Wall Unit(s)
  • Heating: Wall Furnace

Condo/Co-op/Association

  • Association Features: Laundry Hook-Up in Units,Public Trans Nearby
  • Association: No

Schools

  • Senior High School District: Folsom-Cordova

Lot Info

  • Zoning Description: RD 10
  • Lot Size Acres: 0.1500
  • Lot Size Sq Ft: 6534

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas,Sewer,Trash Collection,Water
  • Total Deposit: 600

Multi Family

  • Gross Income: 17520
  • Income Includes: Rent Only
  • Insurance Expense: 800
  • Number of Month to Month Units: 1
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 077-0173-020-0000
  • Current RE Taxes: 1153

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 7, 2017
Sold by
Le Louellen and Le Ellen
Bought by
Lee David and Le Louellen
Current Estimated Value
$498,427

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Outstanding Balance
$125,958
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
$384,257

Purchase Details

Listed on
Aug 30, 2015
Closed on
Nov 17, 2015
Sold by
Black Raymond S
Bought by
Le Ellen
Seller's Agent
Heidi Marie
Keller Willams Capital Valley
Buyer's Agent
Betty Le
Premier Realty
List Price
$230,000
Sold Price
$198,000
Premium/Discount to List
-$32,000
-13.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.15%

Purchase Details

Closed on
Jun 24, 2013
Sold by
Black Donna R
Bought by
Black Raymond S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 4, 1995
Sold by
Black Raymond S and Black Jean C
Bought by
Black Raymond S and Black Donna R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,000
Interest Rate
9.29%
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
Lee David -- First American Title Company
Le Ellen $198,000 Fidelity National Title Co
Black Raymond S -- Placer Title Company
Black Raymond S $91,000 Sacramento Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee David $150,000
Previous Owner Black Raymond S $105,000
Previous Owner Black Raymond S $59,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/23/2015 11/23/15 Sold $198,000 -13.9% $121 / Sq Ft
10/26/2015 10/26/15 Pending -- -- --
08/26/2015 08/26/15 For Sale $230,000 -- $141 / 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 $2,823 $234,384 $71,024 $163,360
2024 $2,823 $229,789 $69,632 $160,157
2023 $2,767 $225,284 $68,267 $157,017
2022 $2,731 $220,868 $66,929 $153,939
2021 $2,678 $216,538 $65,617 $150,921
2020 $2,660 $214,319 $64,945 $149,374
2019 $2,618 $210,118 $63,672 $146,446
2018 $2,551 $205,999 $62,424 $143,575
2017 $2,487 $201,960 $61,200 $140,760
2016 $2,430 $198,000 $60,000 $138,000
2015 $1,085 $89,046 $29,535 $59,511
2014 $1,153 $87,303 $28,957 $58,346
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 15055787

MetroList

APN: 077-0173-020