NOT LISTED FOR SALE

1308 V St Sacramento, CA 95818

Richmond Grove Neighborhood

Estimated Value: $1,053,529 - $1,286,000

3 Beds
2 Baths
-- Sq Ft
6,534 Sq Ft Lot

Sale Details

Date Sold: September 23, 2016

Last sale price $735,000 $0 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $7,073 / mo

156 Days on Market

Highlights

  • 0.15 Acre Lot
  • No HOA
  • Central Heating and Cooling System
  • William Land Elementary School Rated 9+

About This Home

As of September 2016

Unique downtown investment property. 3 residential units, office space and concrete block garage in back (approx. 30'x 35'-buyer to verify sq. footage) with roll up doors (front & back). Downstairs-3 bedroom, 2 bath unit. Upstairs-(2) 1 bedroom, 1 bath units. Central heating & air. Covered patios Washing machines in units. Might be able to combine the 3 bedroom unit with the office space to make a 5 bedroom residence-buyer to investigate feasibility of combining the spaces.

Last Agent to Sell the Property

Gary Kikumoto

Kikumoto Real Estate License #00988288 Listed on: 02/09/2016

Last Buyer's Agent

Ted Russert

RE/MAX Gold Midtown License #01221064

RE/MAX Gold Midtown

Property Details

Home Type

  • Multi-Family

Lot Details

  • 6,534

Parking

  • On-Street Parking

Home Design

  • Flat Roof Shape

Additional Features

  • 2-Story Property
  • 6,534 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity gas
  • Assessor Parcel Number 009-0203-005-0000

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

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

Property Details

Home Type

Multi-Family

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Other
  • Stories: 2
  • Year Built Details: Unknown
  • Number of Three Bedroom Units: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Range,Free Standing Refrigerator
  • Other Equipment: None
  • Flooring: Carpet,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Frame,Stone,Stucco
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,None
  • Listing Price: 735000.00
  • Roof: Flat

Garage/Parking

  • Parking Features: Street

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: Ro
  • Lot Size Acres: 0.1500
  • Lot Size Sq Ft: 6534

Rental Info

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

Multi Family

  • Income Includes: Rent Only
  • Number of Leased Units: 2
  • Number of Month to Month Units: 2
  • Number of Units: 3
  • Number of Vacant Units: 1
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 009-0203-005-0000

MLS Schools

  • School District (County): Sacramento

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2016
Closed on
Sep 30, 2016
Sold by
Bought by
Seller's Agent
Gary Kikumoto
Kikumoto Real Estate
Buyer's Agent
Ted Russert
RE/MAX Gold Midtown
List Price
$735,000
Sold Price
$735,000
Current Estimated Value
$1,141,632

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$406,632
Avg. Annual Appreciation
4.61%
Original Mortgage
$551,250
Outstanding Balance
$440,600
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$701,032

Purchase Details

Listed on
Feb 9, 2016
Closed on
Sep 13, 2016
Sold by
Bought by
Seller's Agent
Gary Kikumoto
Kikumoto Real Estate
Buyer's Agent
Ted Russert
RE/MAX Gold Midtown
List Price
$735,000
Sold Price
$735,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$551,250
Outstanding Balance
$440,600
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$701,032
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
$735,000 Placer Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $551,250
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/23/2016 09/23/16 Sold $735,000 0.0% --
07/13/2016 07/13/16 Pending -- -- --
02/08/2016 02/08/16 For Sale $735,000 -- --
Source: MetroList

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $10,877 $853,023 $255,906 $597,117
2024 $10,728 $836,298 $250,889 $585,409
2023 $10,478 $819,901 $245,970 $573,931
2022 $10,301 $803,826 $241,148 $562,678
2021 $9,830 $788,066 $236,420 $551,646
2020 $9,896 $779,986 $233,996 $545,990
2019 $9,691 $764,693 $229,408 $535,285
2018 $9,444 $749,700 $224,910 $524,790
2017 $9,250 $735,000 $220,500 $514,500
2016 $1,905 $118,000 $32,438 $85,562
2015 $1,877 $116,228 $31,951 $84,277
2014 $1,844 $113,961 $31,330 $82,631
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2016

    Gary Kikumoto

    Kikumoto Real Estate

    (916) 402-8177

    11 Total Sales

    Gary Kikumoto
    Section Image
  • Ted Russert

    Buyer's Agent in 2016

    Ted Russert

    RE/MAX

    (916) 277-8155

    1 in this area

    29 Total Sales

    Ted Russert
    Section Image
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Map

Source: MetroList

MLS Number: 16007261

MetroList

APN: 009-0203-005

California Sacramento County Sacramento 95818 Richmond Grove

1308 V St, Sacramento, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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