NOT LISTED FOR SALE

Estimated Value: $394,898 - $494,000

5 Beds
4 Baths
-- Sq Ft
1,925 Sq Ft Lot

Last Sold June 02, 2022

Last sale price $415,000

Est. 5% increase in value since last sale

Current estimated payment $2,829/month

37 Days on Market

Highlights

  • Traditional Architecture
  • Wood Siding
  • Carpet
  • Tankless Water Heater

About This Home

As of June 2022

Nice investment property in a great, historic little town! Established in 1850 by John W. Sharp, Walnut Grove is one of the earliest settlements along the Sacramento River. Locke is right next door, which makes these 2 communities the Twin Cities. Residents seek to live here as a viable alternative and short commute to Sacramento and surrounding towns. This property has produced a steady stream of rental income.

Last Agent to Sell the Property

Pam Lundquist

Cornerstone Real Estate Group License #01945350 Listed on: 03/22/2022

Co-Listed By

Randy Thomas

Cornerstone Real Estate Group License #01037761

Last Buyer's Agent

Stephanie Rosenberg

Berkshire Hathaway Home Services Elite Real Estate License #02160483

Berkshire Hathaway Home Services Elite Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,856

Year Built

  • Built in 1918

Lot Details

  • 1,925 Sq Ft Lot

HOA Fees

  • $27 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Quadruplex
  • Traditional Architecture
  • Raised Foundation
  • Frame Construction
  • Composition Roof
  • Metal Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Free-Standing Gas Range

Flooring

  • Carpet
  • Linoleum

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Window Unit Cooling System
  • Wall Furnace
  • Propane
  • Natural Gas Connected
  • Tankless Water Heater

Listing and Financial Details

  • Tenant pays for gas
  • Assessor Parcel Number 146-0370-004-0000

Community Details

Overview

  • Association fees include 0
  • 4 Units
  • Walnut Grove Homeowners Association, Phone Number (916) 776-1945
  • Mandatory home owners association

Building Details

  • 3 Leased Units
  • 1 Vacant Unit
  • 3 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,856

Year Built

Built in 1918

Lot Details

0

HOA Fees

$27 per month

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Apartments
  • Property Subtype 1: Quadruplex
  • Stories: 2
  • Year Built: 1918
  • Architectural Style: Traditional
  • Levels: Two
  • Stories: 2
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Range, Free Standing Refrigerator, Tankless Water Heater, Varies By Unit
  • Flooring: Carpet, Linoleum, Varies by Unit
  • Price Per Square Foot: 216.60

Exterior Features

  • Construction Materials: Frame, Vinyl Siding, Wood, Wood Siding
  • Foundation: Raised, SeeRemarks
  • Listing Price: 395000.00
  • Lot Features: Sidewalk
  • Roof: Composition, Metal

Garage/Parking

  • Parking Features: Off Street

Utilities

  • Security: Carbon Mon Detector, Smoke Detector, Varies By Unit
  • Sewer: In & Connected
  • Utilities: Natural Gas Connected, Propane, Electric
  • Cooling: Window Unit(s), Varies by Unit
  • Heating: Wall Furnace, Varies by Unit
  • Laundry Features: Other
  • Water Source: Meter on Site, Public
  • Separate Meters: Gas,Other

Condo/Co-op/Association

  • Association Features: None, See Remarks
  • Association Fee: 27
  • Association Fee Frequency: Monthly
  • Association Fee Includes: 0
  • Association Name: Walnut Grove Homeowners
  • Association Phone: (916) 776-1945
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Mandatory Association: Yes

Schools

  • Senior High School District: River Delta Unified

Lot Info

  • Zoning Description: SPA
  • Irrigation: None
  • Lot Size Acres: 0.0442
  • Lot Size Sq Ft: 1925.00

Rental Info

  • Tenant Pays: Gas, See Remarks, Other
  • Lease Term: Month To Month
  • Studios Occupied: 1
  • Total # Leasable: 4

Multi Family

  • Income Includes: Rent Only
  • Number of Leased Units: 3
  • Number of Month to Month Units: 3
  • Number of Units: 4
  • Number of Vacant Units: 1
  • Units Furnished: None
  • One Bedroom Annual Occupancy: 100
  • One Bedrooms Occupied: 2
  • Studio Annual Occupancy: 100

Tax Info

  • Assessor Parcel Number: 146-0370-004-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2019
Closed on
Jun 19, 2019
Sold by
Nelson Cara Mcadam and Nelson James Kirk
Bought by
Dbl Rentals Llc
Seller's Agent
Tyson Redmond
Compass
Buyer's Agent
Tyson Redmond
Compass
List Price
$359,888
Sold Price
$345,000
Premium/Discount to List
-$14,888
-4.14%
Current Estimated Value
$434,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,075
Avg. Annual Appreciation
3.48%

Purchase Details

Closed on
Mar 23, 2016
Sold by
Mcadam Nelson Cara Mcadam and Mcadam Day Cara
Bought by
2016 Nelson Family Trust

Purchase Details

Closed on
Sep 25, 2006
Sold by
Manzo Arturo
Bought by
Day Cara Mcadam

Purchase Details

Closed on
May 16, 2003
Sold by
Lane Uda Katheryn and Lane Uda
Bought by
Manzo Arturo and Manzo Cara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
5.75%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 13, 1995
Sold by
Walnut Grove Homeowners & Merchants Assn
Bought by
Uda Frank and Uda Katheryn
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
Dbl Rentals Llc $360,000 Cornerstone Title Company
2016 Nelson Family Trust -- None Available
Day Cara Mcadam -- None Available
Manzo Arturo $15,000 Chicago Title Co
Uda Frank $4,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Manzo Arturo $196,000
Previous Owner Uda Katheryn $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2022 06/02/22 Sold $415,000 +5.1% --
04/28/2022 04/28/22 Pending -- -- --
04/25/2022 04/25/22 For Sale $395,000 0.0% --
04/12/2022 04/12/22 Pending -- -- --
04/05/2022 04/05/22 For Sale $395,000 0.0% --
03/28/2022 03/28/22 Pending -- -- --
03/22/2022 03/22/22 For Sale $395,000 +14.5% --
06/25/2019 06/25/19 Sold $345,000 -4.1% --
05/26/2019 05/26/19 Pending -- -- --
04/24/2019 04/24/19 For Sale $359,888 -- --
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 $4,856 $440,399 $132,119 $308,280
2024 $4,856 $431,765 $129,529 $302,236
2023 $4,725 $423,300 $126,990 $296,310
2022 $4,114 $362,654 $105,117 $257,537
2021 $4,050 $355,544 $103,056 $252,488
2020 $3,918 $351,900 $102,000 $249,900
2019 $459 $38,933 $32,451 $6,482
2018 $443 $38,170 $31,815 $6,355
2017 $465 $37,423 $31,192 $6,231
2016 $431 $36,690 $30,581 $6,109
2015 $436 $36,140 $30,122 $6,018
2014 $395 $35,433 $29,532 $5,901
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 222034233

MetroList

APN: 146-0370-004