NOT LISTED FOR SALE

137 Spruce Ave Galt, CA 95632

Estimated Value: $633,000 - $780,000

9 Beds
6 Baths
3,600 Sq Ft
$186/Sq Ft Est. Value

Last Sold April 14, 2015

Last sale price $338,000 $94 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $3,878/month

182 Days on Market

Highlights

  • No HOA
  • Central Heating
  • 1-Story Property

About This Home

As of April 2015

Each unit is 1200 sq.ft. with 3 bed/2 bath, 1 car garage. All units are rented on month to month. Triplex is in good shape. Unit 139 updated with new carpet, tile floor, kitchen w/granite counters. Unit 141 with long term renter, and unit 137 will require updates.Triplex has an updated roof. Good size backyard with each unit. Never a problem...long term renters. Good access to schools and weekly farmers market. Take advantage of this rare find, and let the cash flow, rents under-market.

Last Agent to Sell the Property

Bridget Davis

RE/MAX Gold Natomas License #01171026 Listed on: 08/29/2014

Last Buyer's Agent

Donna Lemire

Century 21 Select Real Estate License #01727312

Century 21 Select Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,162

Year Built

  • Built in 1985

Lot Details

  • 8,499

Parking

  • 3 Open Parking Spaces
  • 3 Car Garage
  • 1 Parking Space Included

Home Design

  • Triplex
  • Composition Roof

Utilities

  • Central Heating
  • Cable TV Available

Additional Features

  • 1-Story Property
  • 8,499 Sq Ft Lot

Listing and Financial Details

  • Security Deposit $2,600
  • Tenant pays for cable tv electricity
  • Assessor Parcel Number 150-0164-020-0000

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Units Leased Month-To-Month
  • Insurance Expense $1,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,162

Year Built

Built in 1985

Lot Details

0

Parking

3

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Triplex
  • Year Built: 1985
  • Architectural Style: Ranch
  • Stories: 1
  • Number of Three Bedroom Units: 3
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher,Disposal,Free Standing Refrigerator
  • Flooring: Carpet,Laminate,Tile,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Frame,Stucco,Wood
  • Disclosures/Documents: Natural Hazard Disclosure Available,Rental/Lease Agmts,Transfer Disclosure Statement
  • Listing Price: 345000.00
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 3
  • Garage Spaces: 3
  • Parking Features: Garage,1 Space Per Unit

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Utilities: Cable Available
  • Cooling: Ceiling Fan(s),Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: Yard Space
  • Association: No

Schools

  • Senior High School District: Galt Joint UHS

Lot Info

  • Zoning Description: R2
  • Lot Size Acres: 0.1951
  • Lot Size Sq Ft: 8499

Rental Info

  • Tenant Pays: Cable TV,Electricity
  • Total Deposit: 2600
  • Total # Leasable: 3

Multi Family

  • Income Includes: Owner's Unit,Parking
  • Insurance Expense: 1200
  • Number of Leased Units: 3
  • Number of Month to Month Units: 3
  • Number of Units: 3
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 150-0164-020-0000
  • Current RE Taxes: 2162

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2014
Closed on
Apr 8, 2015
Sold by
Smith Wayne L and Smith Peggy R
Bought by
Deal Darrell Douglas and Deal Selena Anne
Seller's Agent
Bridget Davis
RE/MAX Gold Natomas
Buyer's Agent
Donna Lemire
Century 21 Select Real Estate
List Price
$425,000
Sold Price
$338,000
Premium/Discount to List
-$87,000
-20.47%
Current Estimated Value
$670,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$332,967
Avg. Annual Appreciation
6.60%
Original Mortgage
$253,500
Outstanding Balance
$195,291
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$475,676

Purchase Details

Closed on
Aug 9, 1999
Sold by
Smith Wayne L and Smith Peggy R
Bought by
Smith Wayne L and Smith Peggy R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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

Purchase History

Date Buyer Sale Price Title Company
Deal Darrell Douglas $338,000 Fidelity National Title Co
Smith Wayne L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deal Darrell Douglas $253,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/14/2015 04/14/15 Sold $338,000 -20.5% $94 / Sq Ft
02/19/2015 02/19/15 Pending -- -- --
08/21/2014 08/21/14 For Sale $425,000 -- $118 / 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 $4,470 $406,216 $60,089 $346,127
2024 $4,470 $398,252 $58,911 $339,341
2023 $4,395 $390,444 $57,756 $332,688
2022 $4,218 $382,789 $56,624 $326,165
2021 $4,223 $375,284 $55,514 $319,770
2020 $4,188 $371,437 $54,945 $316,492
2019 $4,084 $364,155 $53,868 $310,287
2018 $4,078 $357,015 $52,812 $304,203
2017 $3,918 $350,016 $51,777 $298,239
2016 $3,764 $343,154 $50,762 $292,392
2015 $2,143 $199,290 $21,837 $177,453
2014 $2,138 $195,387 $21,410 $173,977
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2015

    Bridget Davis

    RE/MAX

  • D

    Buyer's Agent in 2015

    Donna Lemire

    Century 21 Select Real Estate

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Map

Source: MetroList

MLS Number: 14054264

MetroList

APN: 150-0164-020

California Sacramento County Galt 95632

137 Spruce Ave, Galt, CA

Not Listed for Sale

MultiFamily

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