NOT LISTED FOR SALE

Estimated Value: $312,000 - $340,000

5 Beds
3 Baths
1,500 Sq Ft
$215/Sq Ft Est. Value

Last Sold November 19, 2021

Last sale price $299,900 $200 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,028/month

115 Days on Market

About This Home

As of November 2021

Good triplex rental property, great potential as investment property - or live in one unit, keep the other two as rentals. Walking distance from river, park, elementary school, and other local amenities. All three units occupied by long term tenants. Correct address is 1278 A Street, but building also shows 1280 A Street. Feel free to drive by but please do not disturb tenants. Parking is available on the street and in public lot on Tyler Street. Make offers subject to inspection.

Last Agent to Sell the Property

Rich LeBleu

California Living Real Estate License #01042775 Listed on: 06/12/2021

Co-Listed By

Cathy McAlister

California Living Real Estate License #00648507

Last Buyer's Agent

Nisreen Assaf

Berkshire Hathaway Home Services Elite Real Estate License #02061630

Berkshire Hathaway Home Services Elite Real Estate

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,536

Lot Details

  • 2,614

HOA Fees

  • $24 per month

Community Details

  • Mandatory Home Owners Association

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,536

Lot Details

0

HOA Fees

$24 per month

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Apartments
  • Property Sub Type: Triplex
  • Number of One Bedroom Units: 2
  • Number of Three Bedroom Units: 1
  • Architectural Style: Contemporary, Conversion
  • CapRate: 5.00
  • Co List Office Mls Id: 01CLIV
  • Directions: River Road to A Street, east to subject property. Subject property is on the corner of A Street and Tyler Street.
  • Road Frontage Type: Varies by Unit
  • Professional Management Expense: 2520
  • Building Stories: 1
  • Year Built Details: Unknown
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Varies By Unit
  • Has Basement: None
  • Price Per Square Foot: 193.48
  • Accessibility Features: 0
  • Flooring: Carpet, Tile, Linoleum, Varies by Unit
  • Number Of Buildings: 1
  • Other Equipment: Varies by Unit
  • Stories: 1
  • Window Features: Dual Pane Full, Window Coverings, Window Screens, Varies by Unit

Exterior Features

  • Roof: Composition
  • Foundation Details: Raised, Slab
  • Property Condition: Updated/Remodeled, Varies by Unit
  • View: Varies by Unit
  • Construction Type: Wood, Wood Siding
  • Disclosures: Natural Hazard Disclosure Available, Preliminary Title Report
  • Lot Features: Corner, Shape Regular, Curbs/Gutters, Sidewalk
  • Patio And Porch Features: See Remarks

Garage/Parking

  • Parking Features: Street

Utilities

  • Cooling: Ceiling Fan(s), Wall Unit(s), Varies by Unit
  • Heating: Propane, Wall Furnace, Individual, Varies by Unit
  • Separate Meters: Varies by Unit,See Remarks
  • Laundry Features: Other
  • Security: Carbon Mon Detector, Double Strapped Water Heater, Smoke Detector, Varies By Unit
  • Sewer: In & Connected
  • Utilities: Propane, Dish Antenna, Internet Available
  • Water Source: Meter on Site, Public, Other

Association/Amenities

  • Mandatory Association: Yes

Condo/Co-op/Association

  • Amenities: Other
  • Association Fee: 24
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: 0

Schools

  • Junior High Dist: River Delta Unified

Lot Info

  • Lot Size Sq Ft: 2614
  • Zoning Description: SPA

Rental Info

  • Total # Leasable: 3
  • Lease Term: Month To Month
  • Tenant Pays: Cable TV, Rent Only, Gas

Tax Info

  • Bonds/Assessments/Taxes: Unknown

Multi Family

  • One Bedroom Annual Occupancy: 100
  • One Bedrooms Occupied: 2
  • Annual Gross Income: 24120
  • Income Includes: Rent Only
  • Insurance Expense: 1000
  • Maintenance Expense: 1500
  • Number Of Units Leased: 3
  • Number of Month to Month Units: 3
  • Number Of Units Total: 3
  • Number Of Units Furnished: None

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2021
Closed on
Nov 16, 2021
Sold by
Brand Fitt Co
Bought by
Rosenberg Jason and Rosenberg Stephanie
Seller's Agent
Rich LeBleu
California Living Real Estate
Buyer's Agent
Nisreen Assaf
Berkshire Hathaway Home Services Elite Real Estate
Sold Price
$299,900
Current Estimated Value
$322,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,421
Avg. Annual Appreciation
1.87%
Original Mortgage
$224,925
Outstanding Balance
$206,105
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$116,216

Purchase Details

Listed on
Jun 12, 2021
Closed on
Nov 5, 2021
Sold by
American Estate & Trust Inc
Bought by
Brand Pitt Co
Seller's Agent
Rich LeBleu
California Living Real Estate
Buyer's Agent
Nisreen Assaf
Berkshire Hathaway Home Services Elite Real Estate
Sold Price
$299,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,925
Outstanding Balance
$206,105
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$116,216

Purchase Details

Closed on
Jul 21, 2016
Sold by
Johnson James
Bought by
American Estate & Trust Lc and Brand Fitt Ira

Purchase Details

Closed on
Jul 19, 2016
Sold by
Johnson Annick Lemieux
Bought by
Johnson James

Purchase Details

Closed on
Mar 20, 2012
Sold by
Oda Tedmund Tetsu and The Oda Family Trust
Bought by
Johnson James
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
Rosenberg Jason $300,000 Orange Coast Ttl Co Of Nocal
Rosenberg Jason $300,000 Orange Coast Ttl Co Of Nocal
Brand Pitt Co -- Orange Coast Ttl Co Of Nocal
Brand Pitt Co -- Orange Coast Ttl Co Of Nocal
American Estate & Trust Lc $169,000 North American Title Co Inc
Johnson James -- North American Title Co Inc
Johnson James $62,000 Placer Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rosenberg Jason $224,925
Closed Rosenberg Jason $224,925
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2021 11/19/21 Sold $299,900 0.0% $200 / Sq Ft
10/05/2021 10/05/21 Pending -- -- --
09/21/2021 09/21/21 For Sale -- -- --
08/20/2021 08/20/21 Pending -- -- --
06/12/2021 06/12/21 For Sale $299,900 -- $200 / 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 $3,536 $318,254 $95,508 $222,746
2024 $3,536 $312,015 $93,636 $218,379
2023 $3,441 $305,898 $91,800 $214,098
2022 $3,422 $299,900 $90,000 $209,900
2021 $2,102 $181,200 $53,609 $127,591
2020 $2,034 $179,343 $53,060 $126,283
2019 $1,867 $175,827 $52,020 $123,807
2018 $1,809 $172,380 $51,000 $121,380
2017 $1,885 $169,000 $50,000 $119,000
2016 $715 $65,781 $43,501 $22,280
2015 $725 $64,794 $42,848 $21,946
2014 $668 $63,526 $42,009 $21,517
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 221067695

MetroList

APN: 146-0370-008