NOT LISTED FOR SALE

Estimated Value: $685,000 - $980,595

4 Beds
2 Baths
1,100 Sq Ft
$740/Sq Ft Est. Value

Last Sold September 23, 2022

Last sale price $780,000 $709 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $5,104/month

25 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Fenced Yard
  • Crocker/Riverside Elementary School Rated A-
  • No HOA
  • Enclosed Patio or Porch

About This Home

As of September 2022

This home is a true Land Park gem! Located across the street from the historic Tower Theater this property sits at the edge of all of Sacramento's best dining & entertainment. Imagine having Midtown, Land Park & the Broadway corridor at your fingertips! This property consists of 2 units each with 2 beds & 1 bath in approximately 1100 sqft. Charm and vintage character abound- from the chandeliers in hallways to the sun soaked picture window and checkered flooring in the kitchen. The yard is filled with edible delights and flowers that attract all of nature's best. To sweeten an already phenomenal opportunity, the second unit (1404) can be sold fully furnished to create a turnkey income opportunity for any savvy buyer. Don't wait, this property is one of a kind.

Last Agent to Sell the Property

Lori Pennell

Windermere Signature Properties Fair Oaks License #02086143 Listed on: 06/23/2022

Windermere Signature Properties Fair Oaks

Last Buyer's Agent

Jamie Lang

Jamie Lang License #01247331

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,631

Year Built

  • Built in 1945

Lot Details

  • 5,663 Sq Ft Lot
  • Fenced Yard
  • Landscaped
  • Corner Lot

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces

Home Design

  • Duplex
  • Garden Apartment
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Wood Flooring
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Free-Standing Electric Range
  • Dishwasher
  • Disposal

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 009-0295-018-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units
  • Land Park Subdivision

Amenities

  • Laundry Facilities

Building Details

  • 1 Leased Unit
  • 1 Unit Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,631

Year Built

Built in 1945

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Garden Apartments
  • Property Subtype 1: Duplex
  • Stories: 2
  • Year Built: 1945
  • Levels: Two
  • Stories: 2
  • Subdivision: Land Park
  • Number of Two Bedroom Units: 2
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Refrigerator, Dishwasher, Disposal, Free Standing Electric Range
  • Flooring: Wood
  • Basement: Unfinished, Partial
  • Price Per Square Foot: 370.55

Exterior Features

  • Construction Materials: Wood
  • Disclosures/Documents: Owner Occupies 1 Unit, Preliminary Title Report, CC&Rs, Roof Inspection, Estoppel Certificate, Structural Pest Control Report
  • Exterior Features: Fenced Yard
  • Foundation: Raised
  • Listing Price: 775000.00
  • Lot Features: Corner, Curbs/Gutters, Sidewalk, Landscape Back, Landscape Front
  • Patio And Porch Features: Varies by Unit, Enclosed Patio
  • Property Condition: Original
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 2.00
  • Garage Spaces: 2.00
  • Parking Features: Attached
  • Total Parking Spaces: 4.00

Utilities

  • Security: Carbon Mon Detector, Double Strapped Water Heater, Smoke Detector
  • Sewer: In & Connected
  • Utilities: Cable Connected, City, Electric
  • Cooling: Central
  • Electric: 220 Volts
  • Heating: Central
  • Laundry Features: In Common Area
  • Water Source: Public
  • Separate Meters: None

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: R-1
  • Irrigation: None
  • Lot Size Acres: 0.1300
  • Lot Size Sq Ft: 5663.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity
  • Owner Occupied Units: 1
  • Total # Leasable: 2

Multi Family

  • Income Includes: Rent Only
  • Number of Leased Units: 1
  • Number of Month to Month Units: 1
  • Number of Units: 2
  • Units Furnished: Varies By Unit

Tax Info

  • Assessor Parcel Number: 009-0295-018-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2022
Closed on
Aug 25, 2022
Sold by
Sopoci-Belknap Kaitlin R
Bought by
Zackery And Thais Derich Family Trust
Seller's Agent
Lori Pennell
Windermere Signature Properties Fair Oaks
Buyer's Agent
Jamie Lang
Jamie Lang
List Price
$775,000
Sold Price
$780,000
Premium/Discount to List
$5,000
0.65%
Current Estimated Value
$813,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,649
Avg. Annual Appreciation
1.39%
Original Mortgage
$585,000
Outstanding Balance
$558,899
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$254,750

Purchase Details

Listed on
Jul 25, 2015
Closed on
Oct 28, 2015
Sold by
Kanelos Kimberlee A and Sparman Rochelle
Bought by
Sopoci Belknap Kaitlin R and Brinton Shane G
Seller's Agent
John Mudgett
Ken Turton, Broker
Buyer's Agent
Catherine Dixon
Better Homes and Gardens RE
List Price
$495,000
Sold Price
$480,000
Premium/Discount to List
-$15,000
-3.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.29%
Original Mortgage
$471,306
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 19, 2008
Sold by
Sparman Rochelle and Alexander Jeff
Bought by
Sparman Rochelle and Alexander Jeff

Purchase Details

Closed on
Sep 21, 2005
Sold by
Kanelos Kimberlee A and Sparman Rochelle
Bought by
Kanelos Kimberlee A and Sparman Rochelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,000
Interest Rate
5.81%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 12, 2005
Sold by
Alexander Jeff
Bought by
Sparman Rochelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,000
Interest Rate
5.81%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 23, 2002
Sold by
Kanelos Billie Jean and Will Of Frank Bordisso
Bought by
Kanelos Kimberlee A and Sparman Rochelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
6.84%
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
Zackery And Thais Derich Family Trust $780,000 Chicago Title
Sopoci Belknap Kaitlin R $480,000 Placer Title Company
Sparman Rochelle -- None Available
Kanelos Kimberlee A -- Stewart Title Of Sacramento
Sparman Rochelle -- Stewart Title Of Sacramento
Kanelos Kimberlee A $275,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zackery And Thais Derich Family Trust $585,000
Previous Owner Sopoci Belknap Kaitlin R $471,306
Previous Owner Kanelos Kimberlee A $353,000
Previous Owner Sparman Rochelle $353,000
Previous Owner Kanelos Kimberlee A $247,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/23/2022 09/23/22 Sold $780,000 +0.6% $709 / Sq Ft
07/18/2022 07/18/22 Pending -- -- --
06/23/2022 06/23/22 For Sale $775,000 +61.5% $705 / Sq Ft
10/30/2015 10/30/15 Sold $480,000 -3.0% $229 / Sq Ft View Prior Sale
09/30/2015 09/30/15 Pending -- -- --
07/23/2015 07/23/15 For Sale $495,000 -- $236 / 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 $9,631 $811,512 $338,130 $473,382
2024 $9,631 $795,600 $331,500 $464,100
2023 $9,405 $780,000 $325,000 $455,000
2022 $6,610 $535,445 $295,611 $239,834
2021 $6,302 $524,947 $289,815 $235,132
2020 $6,351 $519,566 $286,844 $232,722
2019 $6,218 $509,379 $281,220 $228,159
2018 $6,058 $499,392 $275,706 $223,686
2017 $5,976 $489,600 $270,300 $219,300
2016 $5,827 $480,000 $265,000 $215,000
2015 $2,908 $231,657 $101,973 $129,684
2014 $2,834 $227,120 $99,976 $127,144
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 222084048

MetroList

APN: 009-0295-018