NOT LISTED FOR SALE

Estimated Value: $539,000 - $589,252

4 Beds
2 Baths
1,826 Sq Ft
$306/Sq Ft Est. Value

Last Sold March 18, 2022

Last sale price $535,000 $293 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,638/month

12 Days on Market

Highlights

  • No HOA
  • Fenced Yard
  • 2 Car Garage
  • Covered Patio or Porch
  • Central Heating and Cooling System
  • Level Lot

About This Home

As of March 2022

Blue chip duplex near Sac State University. 2 bedroom and 1 bathroom in each side. Long term owner. Solid rental unit generating a good income suitable for either an investor or owner occupant. Central heat and air, 1-car garage per side with a living room, family/dining room, kitchen and backyard. Please do not disturb occupants.

Last Agent to Sell the Property

Paul Brecher

Paul L Brecher Real Estate License #00688839 Listed on: 02/12/2022

Last Buyer's Agent

Rania Zabaneh

Direct Realty and Mortgage License #02107093

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,847

Year Built

  • Built in 1973

Lot Details

  • 5,515 Sq Ft Lot
  • Fenced Yard
  • Level Lot

Parking

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

Home Design

  • Duplex
  • Concrete Foundation
  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Kitchen

  • Free-Standing Electric Oven
  • Disposal

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • Cable TV Available

Additional Features

  • 1-Story Property
  • Covered Patio or Porch

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Assessor Parcel Number 285-0228-004-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Units Leased Month-To-Month
  • Insurance Expense $1,238
  • Maintenance Expense $1,200
  • Professional Management Expense $600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,847

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Apartments
  • Property Subtype 1: Duplex
  • Stories: 1
  • Year Built: 1973
  • Architectural Style: Ranch
  • Levels: One
  • Stories: 1
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Disposal, Free Standing Electric Oven
  • Flooring: Other
  • Price Per Square Foot: 292.99

Exterior Features

  • Construction Materials: Wood Siding, Other
  • Exterior Features: Fenced Yard
  • Foundation: Concrete
  • Listing Price: 495000.00
  • Lot Features: Shape Regular, Curbs/Gutters
  • Patio And Porch Features: Covered Patio
  • Roof: Composition, Other
  • Topography: Level

Garage/Parking

  • Open Parking Spaces: 2.00
  • Garage Spaces: 2.00
  • Parking Features: Attached, Street, Garage
  • Total Parking Spaces: 4.00

Utilities

  • Security: Carbon Mon Detector, Smoke Detector
  • Sewer: In & Connected
  • Utilities: Cable Available, Electric
  • Cooling: Central
  • Electric: 220 Volts
  • Heating: Central
  • Laundry Features: In Each Unit, Washer/Dryer Hookups
  • Water Source: Irrigation District

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: San Juan Unified

Lot Info

  • Zoning Description: RD10
  • Irrigation: Public District
  • Lot Size Acres: 0.1266
  • Lot Size Sq Ft: 5515.00

Rental Info

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

Multi Family

  • Gross Income: 26280
  • Income Includes: Rent Only
  • Insurance Expense: 1238
  • Maintenance Expense: 1200
  • Number of Leased Units: 2
  • Number of Month to Month Units: 2
  • Number of Units: 2
  • Units Furnished: None
  • Two Bedrooms Occupied: 2

Tax Info

  • Assessor Parcel Number: 285-0228-004-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2022
Closed on
Mar 15, 2022
Sold by
Jack P Minero Trust
Bought by
Hammour Ous
Seller's Agent
Paul Brecher
Paul L Brecher Real Estate
Buyer's Agent
Rania Zabaneh
Direct Realty and Mortgage
Sold Price
$535,000
Current Estimated Value
$560,267

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,267
Avg. Annual Appreciation
1.25%
Original Mortgage
$454,750
Outstanding Balance
$426,079
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$131,984

Purchase Details

Closed on
Oct 8, 2018
Sold by
Minero Jack P
Bought by
Minero Jack P and Jack P Minero Trust
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
Hammour Ous $535,000 Chicago Title
Minero Jack P -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hammour Ous $454,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2022 03/18/22 Sold $535,000 +8.1% $293 / Sq Ft
02/24/2022 02/24/22 Pending -- -- --
02/22/2022 02/22/22 For Sale -- -- --
02/21/2022 02/21/22 Off Market $495,000 -- --
02/20/2022 02/20/22 For Sale -- -- --
02/15/2022 02/15/22 Pending -- -- --
02/12/2022 02/12/22 For Sale $495,000 -- $271 / 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 $6,847 $567,744 $170,323 $397,421
2024 $6,847 $556,613 $166,984 $389,629
2023 $6,675 $545,700 $163,710 $381,990
2022 $1,211 $86,338 $19,601 $66,737
2021 $1,192 $84,646 $19,217 $65,429
2020 $1,172 $83,779 $19,020 $64,759
2019 $1,151 $82,138 $18,648 $63,490
2018 $1,135 $80,529 $18,283 $62,246
2017 $1,129 $78,951 $17,925 $61,026
2016 $1,073 $77,404 $17,574 $59,830
2015 $1,056 $76,243 $17,311 $58,932
2014 $1,036 $74,757 $16,975 $57,782
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 222015324

MetroList

APN: 285-0228-004