NOT LISTED FOR SALE

Estimated Value: $483,685 - $521,000

6 Beds
4 Baths
1,900 Sq Ft
$265/Sq Ft Est. Value

Last Sold March 13, 2012

Last sale price $158,000 $83 Per Sq Ft

Est. 218% increase in value since last sale

Current estimated payment $2,869/month

26 Days on Market

Highlights

  • No HOA
  • Central Air
  • 1-Story Property
  • Patio
  • Heating Available

About This Home

As of March 2012

Three bedroom 2 bathe each side. High rental demand area, same tenants for 0ver 2.5 years

Last Agent to Sell the Property

Ronald Happe

Main Street Associates, Inc. License #00990980 Listed on: 01/06/2012

Last Buyer's Agent

Ron Benning

LPT Realty, Inc License #01058898

LPT Realty, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,412

Lot Details

  • 7,275 Sq Ft Lot
  • Lot Dimensions: 85

Parking

  • 2 Car Garage
  • 1 Parking Space Included

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Utilities

  • Central Air
  • Heating Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable tv electricity
  • Assessor Parcel Number 077-0210-009-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,412

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Architectural Style: Ranch
  • Stories: 1
  • Year Built Details: Unknown
  • Number of Three Bedroom Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher,Disposal,Free Standing Electric Range,Free Standing Refrigerator
  • Flooring: Carpet,Wood,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Wood
  • Disclosures/Documents: Natural Hazard Disclosure Available,Rental/Lease Agmts
  • Listing Price: 172500.00
  • Patio And Porch Features: Uncovered Patio
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 1
  • Covered Parking Spaces: 1
  • Garage Spaces: 2
  • Parking Features: Garage,1+ Space Per Unit

Utilities

  • Security: Smoke Detector
  • Utilities: Cable Connected
  • Cooling: Central
  • Heating: Electric

Condo/Co-op/Association

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

Schools

  • Senior High School District: Folsom-Cordova

Lot Info

  • Zoning Description: RD10
  • Lot Size Acres: 0.1670
  • Lot Dimensions: 85 X 85
  • Lot Size Sq Ft: 7275

Rental Info

  • Tenant Pays: Cable TV,Electricity
  • Total # Leasable: 2

Multi Family

  • Gross Income: 24000
  • Income Includes: Rent Only
  • Number of Leased Units: 2
  • Number of Month to Month Units: 2
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 077-0210-009-0000

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2012
Closed on
Mar 8, 2012
Sold by
Rackley Kimberly A and Rackley Steven
Bought by
Rackley Steven and Rackley Kimberly
Seller's Agent
Ronald Happe
Main Street Associates, Inc.
Buyer's Agent
Ron Benning
LPT Realty, Inc
List Price
$172,500
Sold Price
$158,000
Premium/Discount to List
-$14,500
-8.41%
Current Estimated Value
$503,228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$345,228
Avg. Annual Appreciation
8.90%
Original Mortgage
$110,600
Outstanding Balance
$76,155
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$427,073

Purchase Details

Closed on
May 20, 2009
Sold by
Wells Fargo Bank National Association
Bought by
10414 South White Rock Trust

Purchase Details

Closed on
Apr 10, 2009
Sold by
Reed Marcus E and Reed Linda
Bought by
Wells Fargo Bank National Association

Purchase Details

Closed on
Jul 22, 2005
Sold by
Sari Constantin and Sari Anna
Bought by
Reed Marcus E and Reed Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,000
Interest Rate
3%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Dec 4, 2003
Sold by
Sari Constantin and Sari Anna
Bought by
Sari Constantin and Sari Anna

Purchase Details

Closed on
Feb 26, 2001
Sold by
Crowley Christopher J and Crowley Karra A
Bought by
Sari Constantin and Sari Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,450
Interest Rate
6.98%
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
Rackley Steven -- First American Title Company
Rackley Kimberly A $158,000 First American Title Company
10414 South White Rock Trust $127,000 Fidelity Natl Title Mclpc
Wells Fargo Bank National Association $106,852 None Available
Reed Marcus E $445,000 Fidelity National Title Co
Sari Constantin -- --
Sari Constantin $145,000 Placer Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rackley Kimberly A $110,600
Previous Owner Reed Marcus E $356,000
Previous Owner Sari Constantin $130,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/13/2012 03/13/12 Sold $158,000 -8.4% $83 / Sq Ft
02/01/2012 02/01/12 Pending -- -- --
01/06/2012 01/06/12 For Sale $172,500 -- $91 / 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 $2,412 $198,445 $50,235 $148,210
2024 $2,412 $194,554 $49,250 $145,304
2023 $2,364 $190,740 $48,285 $142,455
2022 $2,333 $187,001 $47,339 $139,662
2021 $2,288 $183,335 $46,411 $136,924
2020 $2,273 $181,457 $45,936 $135,521
2019 $2,236 $177,900 $45,036 $132,864
2018 $2,179 $174,412 $44,153 $130,259
2017 $2,124 $170,993 $43,288 $127,705
2016 $2,066 $167,641 $42,440 $125,201
2015 $1,962 $165,124 $41,803 $123,321
2014 $2,089 $161,891 $40,985 $120,906
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 12001239

MetroList

APN: 077-0210-009