NOT LISTED FOR SALE

Estimated Value: $632,000 - $825,281

8 Beds
4 Baths
3,624 Sq Ft
$210/Sq Ft Est. Value

Last Sold October 26, 2020

Last sale price $645,000 $178 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $4,942/month

6 Days on Market

Highlights

  • No HOA
  • Double Pane Windows
  • 1-Story Property

About This Home

As of October 2020

It is a great investment opportunity- 4 units in good shape! Highly desirable location, well established neighborhood. Close to parks, freeway, Hagan Community park, and shopping! Each unit has 2 bedr/1 bath. No HOA!!! Many improvements and updates! The roof is approximately 11 y.o., updated windows, water heater -2020, recently updated appliances and much more! It is a rare find and great value!

Last Listed By

Olga Beniakoff

HomeSmart ICARE Realty License #01873492 Listed on: 10/06/2020

HomeSmart ICARE Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,232

Year Built

  • Built in 1963

Lot Details

  • 10,019 Sq Ft Lot

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Double Pane Windows

Parking

  • 7 Parking Spaces
  • 7 Open Parking Spaces

Listing and Financial Details

  • Tenant pays for electricity gas rent only
  • Assessor Parcel Number 058-0241-025-0000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 3 Units Leased Month-To-Month
  • Insurance Expense $1,142

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,232

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1963
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Oven,Free Standing Gas Range,Free Standing Refrigerator,Gas Water Heater
  • Other Equipment: Varies by Unit
  • Flooring: Carpet,Laminate,Linoleum/Vinyl
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Frame,Stucco
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts
  • Listing Price: 650000.00
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 7
  • Parking Features: Open
  • Total Parking Spaces: 7

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Sewer: Public Sewer
  • Cooling: Ceiling Fan(s),Wall Unit(s)
  • Heating: Natural Gas,Wall Furnace
  • Utilities Expenses: 6300

Condo/Co-op/Association

  • Association Features: Public Trans Nearby,Separate Laundry Facility,Yard Space
  • Association: No

Schools

  • Senior High School District: Folsom-Cordova

Lot Info

  • Zoning Description: Rd30
  • Lot Size Acres: 0.2300
  • Lot Size Sq Ft: 10019

Rental Info

  • Tenant Pays: Electricity,Gas,Rent Only
  • Total # Leasable: 4

Multi Family

  • Gross Income: 44160
  • Income Includes: Coin Operated Equipment,Laundry,Parking
  • Insurance Expense: 1142
  • Number of Leased Units: 4
  • Number of Month to Month Units: 3
  • Number of Units: 4
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 058-0241-025-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2020
Closed on
Oct 22, 2020
Sold by
Komlik Alexander and Komlik Nina
Bought by
Hussain Jameer and Hussain Gulsitara
Seller's Agent
Olga Beniakoff
HomeSmart ICARE Realty
Buyer's Agent
Zubair Mohammed
5 Star Realty Partners
List Price
$650,000
Sold Price
$645,000
Premium/Discount to List
-$5,000
-0.77%
Total Days on Market
6
Current Estimated Value
$760,320

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,320
Avg. Annual Appreciation
4.88%

Purchase Details

Closed on
Jan 4, 2013
Sold by
Komlik Alexander and Komlik Nian
Bought by
Komlik Alexander and Komlik Nina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
3.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2010
Sold by
Vanhoven Christopher J and Vanhoven Katrin A
Bought by
Komlik Alexander and Komlik Nina

Purchase Details

Closed on
Dec 17, 2004
Sold by
Ram Madhu and Ram Sadhna
Bought by
Vanhoven Christopher J and Vanhoven Katrin A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
2.12%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 4, 2004
Sold by
Varakin Walter A and Varakin Genevieve
Bought by
Ram Madhu and Ram Sadhna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

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
Hussain Jameer $645,000 Calatlantic Title Inc
Komlik Alexander -- First American Title Company
Komlik Alexander $185,000 None Available
Vanhoven Christopher J $505,000 Fidelity National Title Co
Ram Madhu $2,952,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hussan Jameer $385,000
Closed Hussan Jameer $385,000
Previous Owner Komlik Alexander $168,000
Previous Owner Vanhoven Christopher J $400,000
Previous Owner Ram Madhu $3,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2020 10/26/20 Sold $645,000 -0.8% $178 / Sq Ft
10/12/2020 10/12/20 Pending -- -- --
10/06/2020 10/06/20 For Sale $650,000 -- $179 / 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 $8,232 $684,478 $233,465 $451,013
2023 $8,068 $671,058 $228,888 $442,170
2022 $9,399 $657,900 $224,400 $433,500
2021 $7,813 $645,000 $220,000 $425,000
2020 $3,154 $247,851 $94,420 $153,431
2019 $3,102 $242,992 $92,569 $150,423
2018 $3,022 $238,228 $90,754 $147,474
2017 $2,945 $233,558 $88,975 $144,583
2016 $2,826 $228,980 $87,231 $141,749
2015 $2,684 $225,541 $85,921 $139,620
2014 $2,856 $221,124 $84,238 $136,886
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 20059945

MetroList

APN: 058-0241-025