NOT LISTED FOR SALE

Estimated Value: $688,000 - $762,000

5 Beds
2 Baths
3,012 Sq Ft
$239/Sq Ft Est. Value

Last Sold August 25, 2023

Last sale price $610,000 $203 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $4,416/month

30 Days on Market

Highlights

  • Downtown View
  • Corner Lot
  • 2 Car Detached Garage
  • William Land Elementary School Rated A-
  • No HOA
  • Central Heating and Cooling System

About This Home

As of August 2023

Here's a phenomenal opportunity to own a multi-family unit in Midtown Sacramento, bordering the north end of Land Park, within walking distance from many of Sacramento's favorite restaurants and venues including the iconic Tower Theater & Tower Cafe, Sellands Market Cafe, Queen Sheba Ethiopian Cuisine, and Ming Dynasty to satisfy those Chinese food cravings. A quick drive under the freeway overpass puts you in the heart of The Grid district where you, or your tenants, can enjoy a plethora of additional entertainment venues ranging from museums, parks, breweries, and boutique coffee shops to the State Capitol complex and Golden 1 Center at DOCO. This duplex offers 3bds/1ba on the bottom floor and 2bds/1ba on the top floor, a detached 2 car garage, and a fenced private back yard for both units to enjoy. Convenient access to freeway for the commuter, and Target is just 2 blocks away for your household needs. First time on market since 1986, so don't miss your chance to own it today.

Last Agent to Sell the Property

Tong Veu

Windermere Signature Properties Natomas License #01481963 Listed on: 05/30/2023

Windermere Signature Properties Natomas

Co-Listed By

Lee Xiong

Windermere Signature Properties Natomas License #01857826

Last Buyer's Agent

Gina Rozo

Realty One Group Complete License #01399717

Realty One Group Complete

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,406

Year Built

  • Built in 1915

Lot Details

  • 3,049 Sq Ft Lot
  • Corner Lot

Parking

  • 2 Car Detached Garage
  • On-Street Parking

Home Design

  • Duplex
  • Raised Foundation
  • Frame Construction
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Carpet
  • Downtown Views
  • Washer and Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Central Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 009-0251-017-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Additional Features

  • Laundry Facilities
  • 1 Unit Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,406

Year Built

Built in 1915

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Apartments,House(s)
  • Property Subtype 1: Duplex
  • Stories: 2
  • Year Built: 1915
  • Levels: Two
  • Stories: 2
  • Number of Two Bedroom Units: 1
  • Number of Three Bedroom Units: 1
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Refrigerator
  • Flooring: Carpet
  • Basement: None
  • Price Per Square Foot: 312.18

Exterior Features

  • Construction Materials: Frame, Wood, Wood Siding
  • Disclosures/Documents: Natural Hazard Disclosure Available
  • Foundation: Raised
  • Listing Price: 649000.00
  • Lot Features: Corner
  • View Description: Downtown

Garage/Parking

  • Garage Spaces: 2.00
  • Parking Features: Detached, Street
  • Total Parking Spaces: 2.00

Utilities

  • Security: Carbon Mon Detector, Smoke Detector
  • Sewer: In & Connected
  • Utilities: Cable Available, Internet Available
  • Cooling: Central, Wall Unit(s)
  • Heating: Central
  • Laundry Features: Washer/Dryer Owned, Washer/Dryer Hookups
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: C-2
  • Irrigation: Public District
  • Lot Size Acres: 0.0700
  • Lot Size Sq Ft: 3049.00
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 13620
  • Income Includes: Rent Only
  • Number of Month to Month Units: 1
  • Number of Units: 2
  • Units Furnished: Varies By Unit
  • Two Bedrooms Occupied: 1
  • Two Bedroom Rent Range: 1135
  • Three Bedroom Rent Range: 1600-2200

Tax Info

  • Assessor Parcel Number: 009-0251-017-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2023
Closed on
Aug 15, 2023
Sold by
Kenny And Winnie Chu Family Trust and Chu Family Trust
Bought by
Carrasco Joaquin Roel
Seller's Agent
Tong Veu
Windermere Signature Properties Natomas
Buyer's Agent
Gina Rozo
Realty One Group Complete
List Price
$649,000
Sold Price
$610,000
Premium/Discount to List
-$39,000
-6.01%
Views
89
Current Estimated Value
$718,621

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,621
Avg. Annual Appreciation
7.92%
Original Mortgage
$623,115
Outstanding Balance
$609,308
Interest Rate
6.96%
Mortgage Type
VA
Estimated Equity
$109,313

Purchase Details

Closed on
Aug 28, 2013
Sold by
Chu Kenny H
Bought by
Chu Kenny Huen and Hu Winnie

Purchase Details

Closed on
Jul 18, 2013
Sold by
Chu Kirby Kwok Yee
Bought by
Chu Kirby Kwok Yee and Chu Hua Ying
Source: Public Records

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
Carrasco Joaquin Roel $610,000 Chicago Title Company
Chu Kenny Huen -- None Available
Chu Kirby Kwok Yee -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carrasco Joaquin Roel $623,115
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/25/2023 08/25/23 Sold $610,000 -6.0% $203 / Sq Ft
06/29/2023 06/29/23 Pending -- -- --
05/30/2023 05/30/23 For Sale $649,000 -- $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 $7,406 $622,199 $262,568 $359,631
2024 $7,406 $610,000 $257,420 $352,580
2023 $2,350 $172,225 $72,715 $99,510
2022 $2,311 $168,849 $71,290 $97,559
2021 $2,191 $165,540 $69,893 $95,647
2020 $2,200 $163,844 $69,177 $94,667
2019 $2,154 $160,632 $67,821 $92,811
2018 $2,098 $157,484 $66,492 $90,992
2017 $2,070 $154,397 $65,189 $89,208
2016 $2,007 $151,370 $63,911 $87,459
2015 $1,978 $149,097 $62,951 $86,146
2014 $1,929 $146,177 $61,718 $84,459
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 223049182

MetroList

APN: 009-0251-017