NOT LISTED FOR SALE

Estimated Value: $599,000 - $636,470

5 Beds
3 Baths
2,227 Sq Ft
$278/Sq Ft Est. Value

Last Sold November 20, 2018

Last sale price $399,999 $180 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $3,977/month

3 Days on Market

Highlights

  • No HOA
  • Patio
  • Garage
  • Skylights
  • Central Heating
  • 1-Story Property

About This Home

As of November 2018

Opportunity! LARGE Remodeled-Updated duplex close to Cal State University. 3 bed-2 bath/2 car garage and 2 bed-1 bath/1 car garage. Both units have been newly remodeled just a few years ago : Roof, Paint, Flooring, Appliances, Cabinets, Fixtures, Granite counters, Vanities, Recessed kitchen lighting, Landscaping and much more. Brick/rod iron gated front yards. Centrally located. Live in one side and lease out the other; or a great overall rental property with strong upside cap rate potential.

Last Agent to Sell the Property

Jim Messerli

Jim E. Messerli, Broker License #00884786 Listed on: 10/29/2018

Last Buyer's Agent

Steven Kuhlman

Real Estate Source Inc License #01218673

Real Estate Source Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,290

Lot Details

  • 7,579

Parking

  • Garage

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Skylights

Utilities

  • Central Heating
  • Cable TV Available

Additional Features

  • Patio
  • 7,579 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for electricity gas
  • Assessor Parcel Number 285-0226-023-0000

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

$7,290

Lot Details

0

Listing Details

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

Interior Features

  • Appliances: Dishwasher,Disposal,Free Standing Gas Range
  • Interior Amenities: Skylight(s)
  • Flooring: Carpet,Tile
  • Window Features: Dual Pane Partial,Window Coverings

Exterior Features

  • Construction Materials: Brick,Frame,Stucco,Wood
  • Disclosures/Documents: CC&Rs,Natural Hazard Disclosure Available,Rental/Lease Agmts,Transfer Disclosure Statement
  • Listing Price: 389900.00
  • Patio And Porch Features: Uncovered Patio
  • Roof: Composition

Garage/Parking

  • Parking Features: Garage

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Utilities: Cable Available
  • Cooling: Ceiling Fan(s),Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: Owner's Unit,Patios/Balcony,Public Trans Nearby,Yard Space
  • Association: No

Schools

  • Senior High School District: San Juan Unified

Lot Info

  • Zoning Description: RD-10
  • Lot Size Acres: 0.1740
  • Lot Size Sq Ft: 7579

Rental Info

  • Tenant Pays: Electricity,Gas

Multi Family

  • Gross Income: 26100
  • 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: 285-0226-023-0000

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 17, 2023
Sold by
Linda Barnes Koreski Trust
Bought by
Chiang Charlie
Current Estimated Value
$618,368

Purchase Details

Closed on
Aug 14, 2023
Sold by
Lin Flavia Cruz
Bought by
Lin Ray J

Purchase Details

Listed on
Oct 29, 2018
Closed on
Nov 15, 2018
Sold by
Family Dream Homes Inc
Bought by
Barnes Mark David and Unda Barnes Koresk Trust
Seller's Agent
Jim Messerli
Jim E. Messerli, Broker
Buyer's Agent
Steven Kuhlman
Real Estate Source Inc
List Price
$389,900
Sold Price
$399,999
Premium/Discount to List
$10,099
2.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.66%

Purchase Details

Closed on
Dec 15, 2016
Sold by
Family Dream Homes Inc
Bought by
Family Dream Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
3.54%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Apr 6, 2013
Closed on
Jun 18, 2013
Sold by
Johnson Allan
Bought by
Family Dream Homes Llc
Seller's Agent
Laura Lumenta
RE/MAX Gold
Buyer's Agent
Jim Messerli
Jim E. Messerli, Broker
List Price
$295,000
Sold Price
$290,000
Premium/Discount to List
-$5,000
-1.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.38%
Original Mortgage
$195,000
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 6, 2013
Closed on
May 22, 2013
Sold by
Zandi Reggie G
Bought by
Johnson Allan
Seller's Agent
Laura Lumenta
RE/MAX Gold
Buyer's Agent
Jim Messerli
Jim E. Messerli, Broker
List Price
$295,000
Sold Price
$290,000
Premium/Discount to List
-$5,000
-1.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 2011
Sold by
Tian Francisca
Bought by
Zandi Reggie G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,625
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2011
Sold by
Munyer Bill D and Munyer Donna M
Bought by
Zandi Reggi G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,625
Interest Rate
4.46%
Mortgage Type
New Conventional
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
Chiang Charlie $591,000 Chicago Title Company
Lin Ray J -- Chicago Title Company
Barnes Mark David $400,000 Old Republic Title Company
Family Dream Homes Inc -- Orange Coast Title Company O
Family Dream Homes Llc -- Orange Coast Title Company
Johnson Allan $290,000 Old Republic Title Company
Zandi Reggie G -- Chicago Title Company
Zandi Reggi G $179,500 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Family Dream Homes Inc $75,000
Previous Owner Family Dream Homes Inc $95,000
Previous Owner Johnson Allan $195,000
Previous Owner Zandi Reggie G $134,625
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2018 11/20/18 Sold $399,999 +2.6% $180 / Sq Ft
11/01/2018 11/01/18 Pending -- -- --
10/29/2018 10/29/18 For Sale $389,900 +34.4% $175 / Sq Ft
05/30/2013 05/30/13 Sold $290,000 -1.7% $130 / Sq Ft
04/10/2013 04/10/13 Pending -- -- --
04/06/2013 04/06/13 For Sale $295,000 -- $132 / 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 $7,290 $602,820 $122,400 $480,420
2024 $7,290 $591,000 $120,000 $471,000
2023 $5,313 $428,877 $107,219 $321,658
2022 $5,284 $420,468 $105,117 $315,351
2021 $5,198 $412,224 $103,056 $309,168
2020 $5,103 $407,998 $102,000 $305,998
2019 $5,003 $399,999 $100,000 $299,999
2018 $3,982 $313,851 $86,579 $227,272
2017 $3,959 $307,698 $84,882 $222,816
2016 $3,715 $301,666 $83,218 $218,448
2015 $3,653 $297,135 $81,968 $215,167
2014 $3,579 $291,316 $80,363 $210,953
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 18072445

MetroList

APN: 285-0226-023