NOT LISTED FOR SALE

Estimated Value: $769,000 - $873,000

5 Beds
4 Baths
2,594 Sq Ft
$313/Sq Ft Est. Value

Last Sold May 28, 2014

Last sale price $355,000 $137 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $4,583/month

6 Days on Market

About This Home

As of May 2014

Bring your contractor and investors! The 2nd and 3rd floor of this property needs a lot of work. The 2 rented units are in good shape. This is the time to buy downtown before the new sports and entertainment complex is built and prices jump up. Property appraised for $350,000 back in September.

Last Agent to Sell the Property

Lewis Williams

Realty ONE Group Complete License #01893183 Listed on: 04/25/2014

Realty ONE Group Complete

Last Buyer's Agent

Lewis Williams

Realty ONE Group Complete License #01893183 Listed on: 04/25/2014

Realty ONE Group Complete

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,503

Year Built

  • Built in 1916

Lot Details

  • 3,485

Parking

  • On-Street Parking

Home Design

  • Quadruplex

Additional Features

  • 3-Story Property
  • 3,485 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for electricity gas
  • Assessor Parcel Number 002-0163-012-0000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 2 Leased Units
  • 2 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,503

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1916
  • Stories: 3
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Varies By Unit,See Remarks
  • Other Equipment: None
  • Flooring: Varies by Unit

Exterior Features

  • Construction Materials: Brick,Wood,See Remarks
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts
  • Listing Price: 335000.00
  • Roof: Composition,See Remarks

Garage/Parking

  • Parking Features: Street

Utilities

  • Security: See Remarks
  • Cooling: See Remarks
  • Heating: Varies by Unit

Condo/Co-op/Association

  • Association Features: Decking,Yard Space,Varies By Unit,See Remarks
  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: R-3A
  • Lot Size Acres: 0.0800
  • Lot Size Sq Ft: 3485

Rental Info

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

Multi Family

  • Income Includes: Rent Only
  • Number of Leased Units: 2
  • Number of Units: 4
  • Number of Vacant Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 002-0163-012-0000

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2014
Closed on
May 7, 2014
Sold by
Averiette Ronald and Kim Averiette Leslie
Bought by
Elias Shelby and Timko Kelly
Seller's Agent
Lewis Williams
Realty ONE Group Complete
Buyer's Agent
Lewis Williams
Realty ONE Group Complete
List Price
$335,000
Sold Price
$355,000
Premium/Discount to List
$20,000
5.97%
Current Estimated Value
$753,069

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$398,069
Avg. Annual Appreciation
7.67%

Purchase Details

Closed on
Oct 25, 2006
Sold by
Averiette Ronald and Averiette Leslie K
Bought by
Averiette Ronald and Kim Averiette Leslie

Purchase Details

Closed on
Jan 6, 2000
Sold by
Jimenez Aureliano
Bought by
Averiette Ronald M and Averiette Leslie K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
7.96%
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
Elias Shelby $355,000 Old Republic Title Company
Averiette Ronald -- None Available
Averiette Ronald M $130,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elias Shelby $510,400
Closed Elias Shelby $350,000
Previous Owner Averiette Ronald M $182,500
Previous Owner Averiette Ronald M $104,000
Closed Averiette Ronald M $19,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2014 05/28/14 Sold $355,000 +6.0% $137 / Sq Ft
05/01/2014 05/01/14 Pending -- -- --
04/25/2014 04/25/14 For Sale $335,000 -- $129 / 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 $5,503 $435,169 $367,754 $67,415
2024 $5,503 $426,638 $360,544 $66,094
2023 $5,372 $418,274 $353,475 $64,799
2022 $5,279 $410,074 $346,545 $63,529
2021 $5,036 $402,034 $339,750 $62,284
2020 $5,067 $397,913 $336,267 $61,646
2019 $4,963 $390,112 $329,674 $60,438
2018 $4,834 $382,463 $323,210 $59,253
2017 $4,764 $374,965 $316,873 $58,092
2016 $4,627 $367,613 $310,660 $56,953
2015 $4,557 $362,092 $305,994 $56,098
2014 $2,265 $162,981 $43,877 $119,104
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 14024734

MetroList

APN: 002-0163-012