NOT LISTED FOR SALE

Estimated Value: $736,000 - $919,000

4 Beds
3 Baths
1,974 Sq Ft
$415/Sq Ft Est. Value

Last Sold August 29, 2013

Last sale price $425,000 $215 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $4,818/month

20 Days on Market

Highlights

  • Victorian Architecture
  • No HOA
  • 4-minute walk to Sutter's Fort State Historic Park
  • Miwok Middle School Rated A-
  • Washer and Dryer

About This Home

As of August 2013

A recently renovated Midtown Victorian. True turnkey investment opportunity. Complete remodel in 2010-2011. 3 units in a desirable leafy section of Midtown, 1/2 block off a vibrant section of J Street. Rare-for-Midtown 2 car detached garage has unfinished attic space giving added options for storage/4th unit? -Check with city. Laundry on the premises. Units separately metered, laundry in garage. Private yard, and C-2 zoning add to this great investment property.

Last Agent to Sell the Property

Daniel Ramsey

Ramsey Real Estate & Development Corp. License #01461166 Listed on: 06/12/2013

Last Buyer's Agent

David Kirrene

Dunnigan, REALTORS License #01115041

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,968

Year Built

  • Built in 1915

Lot Details

  • 3,049 Sq Ft Lot

Parking

  • 1 Car Garage

Home Design

  • Triplex
  • Victorian Architecture
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Washer and Dryer

Listing and Financial Details

  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 007-0102-012-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 1 Leased Unit
  • 3 Units Leased Month-To-Month
  • Insurance Expense $241
  • Operating Expense $28,760

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,968

Year Built

Built in 1915

Lot Details

0

Parking

1

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Triplex
  • Year Built: 1915
  • Architectural Style: Victorian
  • Stories: 2
  • Number of One Bedroom Units: 1
  • Number of Two Bedroom Units: 1
  • Special Features: 20
  • Property Sub Type: MultiFamily
  • Year Renovated: 2010

Interior Features

  • Appliances: Free Standing Gas Oven,Free Standing Gas Range,Free Standing Refrigerator,Varies By Unit
  • Other Equipment: Varies by Unit
  • Flooring: Carpet,Laminate,Varies by Unit,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Frame,Wood
  • Disclosures/Documents: Rental/Lease Agmts,See Remarks
  • Listing Price: 425000.00
  • Patio And Porch Features: Covered Deck,Covered Patio,Uncovered Patio
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Garage,Street,Varies by Unit

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Utilities: Cable Available,Dish Antenna
  • Cooling: Ceiling Fan(s),Wall Unit(s),Window Unit(s),Varies by Unit
  • Heating: Floor Furnace,Natural Gas,Varies by Unit
  • Laundry Features: Washer/Dryer
  • Utilities Expenses: 2026

Condo/Co-op/Association

  • Association Features: Separate Laundry Facility,Varies By Unit,See Remarks
  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: C-2
  • Lot Size Acres: 0.0700
  • Lot Size Sq Ft: 3049

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas
  • Total # Leasable: 3

Multi Family

  • Gross Income: 34299
  • Operating Expense: 28760
  • Income Includes: Coin Operated Equipment,Laundry
  • Existing Lease Type: See Remarks
  • Insurance Expense: 241
  • Number of Leased Units: 1
  • Number of Month to Month Units: 3
  • Number of Units: 3
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 007-0102-012-0000
  • Current RE Taxes: 10968

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 24, 2019
Sold by
Spickard Bennett Michael and Spickard Bennett Richard Charles
Bought by
Bennett Family Trust
Current Estimated Value
$818,382

Purchase Details

Listed on
Jun 12, 2013
Closed on
Aug 20, 2013
Sold by
Vanguard Capital Investors Llc
Bought by
Spickard Bennett Michael and Spickard Bennett Richard Charles
Seller's Agent
Daniel Ramsey
Ramsey Real Estate & Development Corp.
Buyer's Agent
David Kirrene
Dunnigan, REALTORS
List Price
$425,000
Sold Price
$425,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.53%
Original Mortgage
$328,750
Outstanding Balance
$243,893
Interest Rate
4.33%
Mortgage Type
New Conventional
Estimated Equity
$574,489

Purchase Details

Closed on
Sep 25, 2009
Sold by
Hom Randall and Harris Jason
Bought by
Vanguard Capital Investors Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
5.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 4, 2009
Sold by
Rojas Mary B and The Paul R Rojas & Mary B Roja
Bought by
Hom Randall and Harris Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
5.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 3, 2009
Sold by
Hom Erin
Bought by
Hom Randall

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
5.2%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Bennett Family Trust -- None Available
Spickard Bennett Michael $425,000 Placer Title Company
Vanguard Capital Investors Llc $310,000 Placer Title Company
Hom Randall $199,000 Placer Title Company
Hom Randall -- Placer Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spickard Bennett Michael $328,750
Previous Owner Hom Randall $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2013 08/29/13 Sold $425,000 0.0% $215 / Sq Ft
07/02/2013 07/02/13 Pending -- -- --
06/12/2013 06/12/13 For Sale $425,000 -- $215 / 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 $6,315 $300,323 $245,166 $55,157
2024 $6,315 $510,766 $240,359 $270,407
2023 $6,166 $500,752 $235,647 $265,105
2022 $6,062 $490,934 $231,027 $259,907
2021 $5,779 $481,309 $226,498 $254,811
2020 $5,823 $476,375 $224,176 $252,199
2019 $5,701 $467,035 $219,781 $247,254
2018 $5,553 $457,878 $215,472 $242,406
2017 $5,477 $448,901 $211,248 $237,653
2016 $5,349 $440,100 $207,106 $232,994
2015 $5,271 $433,491 $203,996 $229,495
2014 $5,130 $425,000 $200,000 $225,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 13029955

MetroList

APN: 007-0102-012