NOT LISTED FOR SALE
4 Beds
4 Baths
2,497 Sq Ft
7,405 Sq Ft Lot

Last Sold July 29, 2021

Last sale price $616,000 $247 Per Sq Ft

86 Days on Market

About This Home

As of July 2021

Rare opportunity to own a highly desirable income property. Mid-century Woodlake property consisting of an upgraded tri-plex in the front & a 2-bedroom house nestled in the back with added privacy. This neighborhood is a more exclusive residential area with mostly upper-end single-family homes, convenient, short commute to Downtown Sacramento. Centrally located, close to Arden Fair Mall, Highway 160, I-80 & the light rail station for an alternative, easier commute to greater Sacramento. A truly one-of-a-kind property. Approx 1/4 acre as seller is including a second parcel! Potential for additional development and/or lot restructure. check with the city on zoning. Must Be Seen for Full Appreciation! An ideal home & investment property for the buyer who wants to live in one unit & rent the others. It is 100 percent occupied! Rents are extremely under-market. Some tenants have resided long term with minimal rent increases! (See Attached Docs for more details.)

Last Agent to Sell the Property

Leilani Rosenblatt

Commerce Realty & Investments License #01431276 Listed on: 02/09/2021

Last Buyer's Agent

Christopher MacPhail

3 Point Real Estate & Construction License #01768787

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,977

Lot Details

  • 7,405

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Raised Foundation
  • Composition Roof
  • Stucco

Kitchen

  • Built-In Gas Oven
  • Gas Cooktop
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Window Unit Cooling System
  • Wall Furnace
  • 220 Volts

Additional Features

  • 2-Story Property
  • 7,405 Sq Ft Lot

Listing and Financial Details

  • Security Deposit $2,425
  • Tenant pays for electricity, gas
  • Assessor Parcel Number 275-0123-016-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 3 Leased Units
  • 1 Unit Leased Month-To-Month
  • Insurance Expense $1,367

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,977

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Subtype Description: House(s)
  • Property Subtype 1: Quadruplex
  • Stories: 2
  • Year Built Details: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Refrigerator, Gas Cook Top, Built-In Gas Oven, Disposal
  • Other Equipment: Varies by Unit
  • Flooring: Carpet, Tile, Laminate
  • Window Features: Caulked/Sealed

Exterior Features

  • Construction Materials: Stucco, Wood
  • Disclosures/Documents: Rental/Lease Agmts, CC&Rs, Seller Property Questionnaire, Transfer Disclosure Statement
  • Foundation: Raised
  • Listing Price: 649000.00
  • Lot Features: Curb(s)
  • Roof: Composition

Garage/Parking

  • Parking Features: Street

Utilities

  • Security: Carbon Mon Detector, Smoke Detector
  • Sewer: Public Sewer
  • Utilities: City
  • Cooling: Window Unit(s)
  • Electric: 220 Volts
  • Heating: Wall Furnace, Varies by Unit
  • Laundry Features: Varies by Unit
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Twin Rivers Unified

Lot Info

  • Zoning Description: R-1
  • Irrigation: Public District
  • Lot Size Acres: 0.1700
  • Lot Size Sq Ft: 7405

Rental Info

  • Tenant Pays: Electricity, Gas
  • Total Deposit: 2425
  • Total # Leasable: 4

Multi Family

  • Income Includes: Rent Only
  • Insurance Expense: 1367
  • Number of Leased Units: 3
  • Number of Month to Month Units: 1
  • Number of Units: 4
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 275-0123-016-0000
  • Current RE Taxes: 2977
  • Bonds/Assessments/Taxes Description: Local Assessments
  • Bonds/Assessments/Taxes: Yes

MLS Schools

  • School District (County): Sacramento

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2021 07/29/21 Sold $616,000 -5.1% $247 / Sq Ft
05/06/2021 05/06/21 Pending -- -- --
04/22/2021 04/22/21 For Sale -- -- --
04/06/2021 04/06/21 Pending -- -- --
02/24/2021 02/24/21 For Sale -- -- --
02/09/2021 02/09/21 For Sale $649,000 -- $260 / Sq Ft
02/01/2021 02/01/21 Pending -- -- --
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 $7,422 $595,337 $137,957 $457,380
2024 $7,422 $583,664 $135,252 $448,412
2023 $7,454 $572,220 $132,600 $439,620
2022 $7,041 $561,000 $130,000 $431,000
2021 $2,946 $195,650 $48,891 $146,759
2020 $2,912 $193,645 $48,390 $145,255
2019 $2,873 $189,849 $47,442 $142,407
2018 $2,736 $186,127 $46,512 $139,615
2017 $2,795 $182,478 $45,600 $136,878
2016 $2,627 $178,901 $44,706 $134,195
2015 $2,489 $176,215 $44,035 $132,180
2014 $2,532 $172,764 $43,173 $129,591
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 221003833

MetroList

APN: 275-0123-016