NOT LISTED FOR SALE

Estimated Value: $511,310 - $561,000

4 Beds
2 Baths
1,826 Sq Ft
$297/Sq Ft Est. Value

Last Sold February 26, 2015

Last sale price $252,000 $138 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $3,335/month

6 Days on Market

Highlights

  • Contemporary Architecture
  • Central Heating
  • 1-Story Property
  • No HOA

About This Home

As of February 2015

Large duplex fully remodeled in 2010 with Granite counter tops, new flooring, new windows, fixtures, fans and appliances. Great rental income and stable long term tenants. Positive cash flow from day one!

Last Listed By

Kevin Kujawa

eXp Realty of California Inc. License #01393849 Listed on: 01/09/2015

eXp Realty of California Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,603

Year Built

  • Built in 1976

Lot Details

  • 6,534

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Contemporary Architecture
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Carbon Monoxide Detectors

Additional Features

  • 6,534 Sq Ft Lot
  • Central Heating

Listing and Financial Details

  • Tenant pays for electricity gas rent only
  • Assessor Parcel Number 058-0400-010-000

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

$3,603

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1976
  • Architectural Style: Contemporary
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2010

Interior Features

  • Appliances: Built-In Electric Range,Dishwasher,Disposal,Microwave
  • Flooring: Laminate,Marble,Tile
  • Window Features: Dual Pane Partial,Low E Glass Partial

Exterior Features

  • Construction Materials: Frame,Wood
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts
  • Listing Price: 252000.00
  • Roof: Composition

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Features: Yard Space
  • Association: No

Schools

  • Senior High School District: Folsom-Cordova

Lot Info

  • Zoning Description: RD 10
  • Lot Size Acres: 0.1500
  • Lot Size Sq Ft: 6534

Rental Info

  • Tenant Pays: Electricity,Gas,Rent Only
  • Total # Leasable: 2

Multi Family

  • Gross Income: 22800
  • 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: 058-0400-010-000

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2015
Closed on
Feb 19, 2015
Sold by
Crane Farms Inc
Bought by
Purewal Manvir Singh and Purewal Rajni Kaur
Seller's Agent
Kevin Kujawa
eXp Realty of California Inc.
Buyer's Agent
Alma Vicenty
Allison James Estates & Homes
List Price
$250,000
Sold Price
$252,000
Premium/Discount to List
$2,000
0.8%
Total Days on Market
6
Current Estimated Value
$542,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$290,078
Avg. Annual Appreciation
7.77%
Original Mortgage
$151,200
Outstanding Balance
$116,478
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$425,600

Purchase Details

Closed on
Aug 11, 2010
Sold by
Korchevoy Oleg
Bought by
Crane Farms Inc

Purchase Details

Closed on
Nov 24, 2009
Sold by
Townand Country Homes Inc
Bought by
Korchevoy Oleg

Purchase Details

Closed on
Nov 18, 2009
Sold by
Wells Fargo Bank Na
Bought by
Town & Country Homes Llc

Purchase Details

Closed on
May 16, 2009
Sold by
Beaver Patrick A and Pippin Donald J
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jun 28, 2005
Sold by
Robinson James and Beaver Patrick
Bought by
Beaver Patrick A and Pippin Donald J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
4.78%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 3, 2004
Sold by
Robinson James and Robinson Danny
Bought by
Robinson James and Beaver Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2001
Sold by
Sorowka Andrew A and Sorowka Helen
Bought by
Robinson James and Robinson Danny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,459
Interest Rate
7.19%
Mortgage Type
FHA

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
Purewal Manvir Singh $252,000 Placer Title Company
Crane Farms Inc $193,000 Placer Title Company
Korchevoy Oleg -- Placer Title Company
Korchevoy Oleg $134,000 None Available
Town & Country Homes Llc $130,000 Fidelity National Title Co
Wells Fargo Bank Na $150,000 Servicelink
Beaver Patrick A -- Financial Title Company
Robinson James -- Financial Title Company
Robinson James $145,500 Placer Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Purewal Manvir Singh $151,200
Previous Owner Beaver Patrick A $336,000
Previous Owner Robinson James $262,500
Previous Owner Robinson James $41,000
Previous Owner Robinson James $188,000
Previous Owner Robinson James $25,000
Previous Owner Robinson James $144,459
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2015 02/26/15 Sold $252,000 +0.8% $138 / Sq Ft
01/13/2015 01/13/15 Pending -- -- --
01/07/2015 01/07/15 For Sale $250,000 -- $137 / 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 $3,603 $296,919 $58,911 $238,008
2023 $3,532 $291,098 $57,756 $233,342
2022 $3,487 $285,391 $56,624 $228,767
2021 $3,420 $279,796 $55,514 $224,282
2020 $3,398 $276,928 $54,945 $221,983
2019 $3,344 $271,499 $53,868 $217,631
2018 $3,258 $266,176 $52,812 $213,364
2017 $3,176 $260,958 $51,777 $209,181
2016 $3,121 $255,842 $50,762 $205,080
2015 $2,424 $205,736 $42,639 $163,097
2014 $2,582 $201,707 $41,804 $159,903
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 15001538

MetroList

APN: 058-0400-010