NOT LISTED FOR SALE

Estimated Value: $611,000 - $840,000

8 Beds
4 Baths
3,600 Sq Ft
$195/Sq Ft Est. Value

Sale Details

Date Sold: September 28, 2021

Last sale price $640,000 $178 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,390 / mo

91 Days on Market

Highlights

  • No HOA
  • 4 Car Garage
  • Carpet
  • Central Heating and Cooling System
  • Coin Laundry

About This Home

As of September 2021

Great investment opportunity !!! Fourplex with attached garages and All units are rented . Each Unit Has Two Bedrooms And One Bath. Some units have newer hvac , flooring and appliances! Property is conveniently Located and close to schools, shopping, public transportation, and freeway access. Laundry room brings in additional income !

Last Agent to Sell the Property

Rosalind Pyles

Mertitage Homes Listed on: 04/15/2021

Last Buyer's Agent

Carlos Rodriguez

Compass License #01150973

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 6,098 Sq Ft Lot

Parking

  • 4 Car Garage

Home Design

  • Quadruplex
  • Slab Foundation
  • Stucco

Interior Spaces

  • 2-Story Property
  • Carbon Monoxide Detectors

Flooring

  • Carpet
  • Laminate

Utilities

  • Central Heating and Cooling System
  • 220 Volts

Listing and Financial Details

  • Assessor Parcel Number 048-0232-003-0000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Coin Laundry

Building Details

  • 4 Leased Units
  • 4 Units Leased Month-To-Month
  • Insurance Expense $1,650
  • Maintenance Expense $250

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

6,098 Sq Ft Lot

Parking

4

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Apartments
  • Property Subtype 1: Quadruplex
  • Stories: 2
  • Year Built: 1965
  • Stories: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Laminate
  • Price Per Square Foot: 177.19

Exterior Features

  • Construction Materials: Stucco
  • Foundation: Slab
  • Listing Price: 650000.00
  • Lot Features: None

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Garage
  • Total Parking Spaces: 4

Utilities

  • Security: Carbon Mon Detector
  • Sewer: Public Sewer
  • Utilities: City
  • Cooling: Central
  • Electric: 220 Volts
  • Heating: Central
  • Laundry Features: Coin Operated
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: R-3
  • Irrigation: Public District
  • Lot Size Acres: 0.1400
  • Lot Size Sq Ft: 6098

Rental Info

  • Owner Occupied Units: 4

Multi Family

  • Income Includes: Coin Operated Equipment,Laundry
  • Insurance Expense: 1650
  • Maintenance Expense: 250
  • Number of Leased Units: 4
  • Number of Month to Month Units: 4
  • Number of Units: 4
  • Two Bedrooms Occupied: 4

Tax Info

  • Assessor Parcel Number: 048-0232-003-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2021
Closed on
Sep 22, 2021
Sold by
Kabir Zahangir and Kabir Family Trust
Bought by
Cuellar Roberto Antonio and Cuellar Jennifer
Seller's Agent
Rosalind Pyles
Mertitage Homes
Buyer's Agent
Carlos Rodriguez
Compass
List Price
$650,000
Sold Price
$640,000
Premium/Discount to List
-$10,000
-1.54%
Current Estimated Value
$700,973

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,973
Avg. Annual Appreciation
2.00%
Original Mortgage
$480,000
Outstanding Balance
$436,764
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$264,209

Purchase Details

Closed on
Aug 21, 2020
Sold by
Kabir Zahangir
Bought by
Kabir Zahangir and Kabir Family Trust

Purchase Details

Listed on
May 21, 2014
Closed on
Jul 18, 2014
Sold by
Kabir Nasreen Z
Bought by
Kabir Zahangir
Seller's Agent
Robert Montuori
eXp Realty of California Inc.
Buyer's Agent
Kamal Khan
Intero Real Estate Services
List Price
$269,000
Sold Price
$264,900
Premium/Discount to List
-$4,100
-1.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.61%
Original Mortgage
$198,675
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 21, 2014
Closed on
Jul 17, 2014
Sold by
Ramasamy Ananth and Subramanian Bhuvaneswari
Bought by
Kabir Zahangir
Seller's Agent
Robert Montuori
eXp Realty of California Inc.
Buyer's Agent
Kamal Khan
Intero Real Estate Services
List Price
$269,000
Sold Price
$264,900
Premium/Discount to List
-$4,100
-1.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,675
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2013
Sold by
Ramasamy Ananth and Subramanian Bhuvaneswari
Bought by
Ramasamy Ananth and Subramanian Bhuvaneswari

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,500
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2013
Sold by
Ramasamy Ananth and Subramanian Bhuvaneswari
Bought by
Ramasamy Ananth and Subramanian Bhuvaneswari

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,500
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 16, 2011
Sold by
Ramasamy Ananth and Subramanian Bhuvaneswari
Bought by
Ramasamy Ananth and Subramanian Bhuvaneswari

Purchase Details

Closed on
Dec 1, 2010
Sold by
Cardona Silvia G
Bought by
Pezcon Ventures Inc

Purchase Details

Closed on
Aug 22, 2010
Sold by
Cardona Jose
Bought by
Cardona Silvia G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
4.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 12, 2010
Sold by
Caballero Jose
Bought by
Cardona Silvia G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
4.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 14, 2010
Sold by
Pezcon Ventures Inc
Bought by
Ramasamy Ananth and Subramanian Bhuvaneswari

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,925
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2000
Sold by
Buckwalter Joseph M and Buckwalter Lisa A
Bought by
Caballero Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
7.88%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cuellar Roberto Antonio $640,000 Fidelity National Title Co
Cuellar Roberto Antonio $640,000 Fidelity National Title Co
Kabir Zahangir -- None Available
Kabir Zahangir -- North American Title Co Inc
Kabir Zahangir $265,000 North American Title Co Inc
Ramasamy Ananth -- Chicago Title Company
Ramasamy Ananth -- Chicago Title Company
Ramasamy Ananth -- None Available
Pezcon Ventures Inc -- Commerce Title Company
Cardona Silvia G -- Commerce Title Company
Cardona Silvia G $124,000 Commerce Title Company
Ramasamy Ananth $172,000 Commerce Title Company
Caballero Jose $125,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cuellar Roberto Antonio $480,000
Closed Cuellar Roberto Antonio $480,000
Previous Owner Kabir Zahangir $198,675
Previous Owner Ramasamy Ananth $150,500
Previous Owner Cardona Silvia G $125,000
Previous Owner Ramasamy Ananth $128,925
Previous Owner Caballero Jose $115,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/28/2021 09/28/21 Sold $640,000 0.0% $178 / Sq Ft
07/27/2021 07/27/21 Off Market $640,000 -- --
07/15/2021 07/15/21 Pending -- -- --
04/15/2021 04/15/21 For Sale $650,000 +145.4% $181 / Sq Ft
07/23/2014 07/23/14 Sold $264,900 -1.5% $83 / Sq Ft View Prior Sale
06/18/2014 06/18/14 Pending -- -- --
05/21/2014 05/21/14 For Sale $269,000 -- $84 / Sq Ft
Source: MetroList

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 $8,384 $679,171 $203,751 $475,420
2024 $8,384 $665,855 $199,756 $466,099
2023 $8,171 $652,800 $195,840 $456,960
2022 $8,061 $640,000 $192,000 $448,000
2021 $3,949 $294,119 $87,713 $206,406
2020 $3,961 $291,104 $86,814 $204,290
2019 $3,880 $285,397 $85,112 $200,285
2018 $3,779 $279,802 $83,444 $196,358
2017 $3,716 $274,316 $81,808 $192,508
2016 $3,552 $268,938 $80,204 $188,734
2015 $3,486 $264,900 $79,000 $185,900
2014 $2,507 $179,655 $53,300 $126,355
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 221029842

MetroList

APN: 048-0232-003

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