NOT LISTED FOR SALE

Estimated Value: $522,542 - $548,000

4 Beds
2 Baths
1,826 Sq Ft
$293/Sq Ft Est. Value

Last Sold January 22, 2021

Last sale price $415,000 $227 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $3,342/month

47 Days on Market

About This Home

As of January 2021

Welcome to Clinton Estates! This is a wonderful opportunity to own a duplex in the heart of the Arden area for investment or for personal use. Each unit offers 2 beds and 1 bath, private backyard, and 1 car garage. Some improvements include newer roof, AC system, and water heater. The property is minutes away to The Pavilions, Loehmann's Plaza, The UV, Arden Fair Mall, Sacramento State University; the list goes on.

Last Agent to Sell the Property

Matteen Helmand

SkyWest Real Estate License #02008421 Listed on: 11/04/2020

SkyWest Real Estate

Last Buyer's Agent

Max Hill

BlakeHill Real Estate License #02109138

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,369

Year Built

  • Built in 1973

Lot Details

  • 5,515

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof

Additional Features

  • 1-Story Property
  • 5,515 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for electricity gas
  • Assessor Parcel Number 285-0228-006-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Clinton Estates Subdivision

Building Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,369

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1973
  • Stories: 1
  • Subdivision: Clinton Estates
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Construction Materials: Brick,Frame,Wood
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,None
  • Foundation: Slab
  • Listing Price: 425000.00
  • Roof: Composition

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available,Internet Available
  • Cooling: Ceiling Fan(s),Central
  • Heating: Central,Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: San Juan Unified

Lot Info

  • Zoning Description: RD-10
  • Lot Size Acres: 0.1266
  • Lot Size Sq Ft: 5515

Rental Info

  • Tenant Pays: Electricity,Gas
  • 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: 285-0228-006-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2020
Closed on
Jan 19, 2021
Sold by
Lee Karen A and The Lee Family Trust
Bought by
Brown Scott W
Seller's Agent
Matteen Helmand
SkyWest Real Estate
Buyer's Agent
Max Hill
BlakeHill Real Estate
List Price
$425,000
Sold Price
$415,000
Premium/Discount to List
-$10,000
-2.35%
Current Estimated Value
$528,735

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,735
Avg. Annual Appreciation
5.71%
Original Mortgage
$311,250
Outstanding Balance
$279,061
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$255,575

Purchase Details

Closed on
Jun 15, 2001
Sold by
Lee Terry A and Lee Karen A
Bought by
Lee Terry and Lee Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,700
Interest Rate
7.14%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 8, 2000
Sold by
Fields Richard R and Fields Donna Lee
Bought by
Lee Terry A and Lee Karen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,500
Interest Rate
8.53%
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
Brown Scott W $415,000 North American Title Co Inc
Lee Terry -- Financial Title Company
Lee Terry A $125,000 North American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Scott W $311,250
Previous Owner Lee Terry A $101,695
Previous Owner Lee Terry A $115,000
Previous Owner Lee Terry A $89,700
Previous Owner Lee Terry A $87,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2021 01/22/21 Sold $415,000 -2.4% $227 / Sq Ft
12/20/2020 12/20/20 Pending -- -- --
12/19/2020 12/19/20 For Sale $425,000 0.0% $233 / Sq Ft
12/02/2020 12/02/20 Pending -- -- --
11/03/2020 11/03/20 For Sale $425,000 -- $233 / 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 $5,369 $449,207 $108,242 $340,965
2024 $5,369 $440,400 $106,120 $334,280
2023 $5,233 $431,766 $104,040 $327,726
2022 $5,203 $423,300 $102,000 $321,300
2021 $2,319 $177,470 $42,587 $134,883
2020 $2,278 $175,651 $42,151 $133,500
2019 $2,234 $172,208 $41,325 $130,883
2018 $2,206 $168,832 $40,515 $128,317
2017 $2,189 $165,522 $39,721 $125,801
2016 $2,063 $162,278 $38,943 $123,335
2015 $2,029 $159,842 $38,359 $121,483
2014 $1,989 $156,712 $37,608 $119,104
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 20066439

MetroList

APN: 285-0228-006