NOT LISTED FOR SALE

Estimated Value: $477,649 - $526,000

4 Beds
2 Baths
1,730 Sq Ft
$291/Sq Ft Est. Value

Last Sold January 24, 2014

Last sale price $156,500 $90 Per Sq Ft

Est. 221% increase in value since last sale

Current estimated payment $2,994/month

44 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • Double Pane Windows
  • Garage
  • 5-minute walk to Dave Roberts Community Park

About This Home

As of January 2014

Well maintained duplex. Tenant occupied. Excellent opportunity for an investor.

Last Listed By

Jerry Karapetyan

Keller Williams Realty Folsom License #01840502 Listed on: 09/11/2012

Keller Williams Realty Folsom

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,323

Year Built

  • Built in 1963

Lot Details

  • 8,712

Parking

  • Garage

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Double Pane Windows
  • Laminate Flooring
  • Free-Standing Gas Range

Additional Features

  • 8,712 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for rent only
  • Assessor Parcel Number 058-0051-002-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,323

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1963
  • Stories: 1
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Range
  • Other Equipment: None
  • Flooring: Laminate
  • Window Features: Dual Pane Partial

Exterior Features

  • Construction Materials: Frame,Wood
  • Disclosures/Documents: CC&Rs,Natural Hazard Disclosure Available
  • Listing Price: 133000.00
  • Roof: Composition

Garage/Parking

  • Parking Features: Garage

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Folsom-Cordova

Lot Info

  • Zoning Description: RD5
  • Lot Size Acres: 0.2000
  • Lot Dimensions: X0X
  • Lot Size Sq Ft: 8712

Rental Info

  • Tenant Pays: Rent Only

Multi Family

  • Gross Income: 20400
  • Income Includes: Rent Only
  • Existing Lease Type: See Remarks
  • Number of Leased Units: 2
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 058-0051-002-0000

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2012
Closed on
Jan 22, 2014
Sold by
Armenyan Artem
Bought by
Armenyan Mariam
Seller's Agent
Jerry Karapetyan
Keller Williams Realty Folsom
Buyer's Agent
Jerry Karapetyan
Keller Williams Realty Folsom
List Price
$133,000
Sold Price
$156,500
Premium/Discount to List
$23,500
17.67%
Total Days on Market
44
Current Estimated Value
$502,662

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$346,162
Avg. Annual Appreciation
10.71%
Original Mortgage
$125,200
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2006
Sold by
Egian Akop Jacob and Mezhlumyan Lusine
Bought by
Yeghyan Hakob Jacob and Yeghyan Lusine

Purchase Details

Closed on
Apr 22, 2002
Sold by
Grey Michael J and Grey Linda Lee
Bought by
Egian Akop Jacob and Mezhlumyan Lusine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,500
Interest Rate
7.13%

Purchase Details

Closed on
Jun 15, 1999
Sold by
Grey Michael J and Gray Linda Lee
Bought by
Grey Michael J and Grey Linda Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,600
Interest Rate
7.01%

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
Armenyan Mariam -- Fidelity National Title Co
Armenyan Mariam $156,500 Fidelity National Title Co
Yeghyan Hakob Jacob -- None Available
Egian Akop Jacob $167,500 Commonwealth Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Armenyan Mariam $338,000
Closed Armenyan Mariam $204,300
Closed Armenyan Mariam $200,000
Closed Armenyan Mariam $125,200
Previous Owner Yeghyan Hakob J $170,000
Previous Owner Egian Akop Jacob $121,300
Previous Owner Egian Akop Jacob $208,000
Previous Owner Egian Akop Jacob $35,000
Previous Owner Egian Akop Jacob $172,500
Previous Owner Grey Michael J $67,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2014 01/24/14 Sold $156,500 +17.7% $90 / Sq Ft
10/25/2012 10/25/12 Pending -- -- --
09/11/2012 09/11/12 For Sale $133,000 -- $77 / 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
2024 $2,323 $188,075 $60,087 $127,988
2023 $2,276 $184,388 $58,909 $125,479
2022 $2,246 $180,773 $57,754 $123,019
2021 $2,120 $177,229 $56,622 $120,607
2020 $2,104 $175,413 $56,042 $119,371
2019 $2,068 $171,975 $54,944 $117,031
2018 $2,013 $168,604 $53,867 $114,737
2017 $1,961 $165,299 $52,811 $112,488
2016 $1,901 $162,059 $51,776 $110,283
2015 $1,804 $159,626 $50,999 $108,627
2014 $2,483 $194,401 $58,028 $136,373
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 12056109

MetroList

APN: 058-0051-002