NOT LISTED FOR SALE

Estimated Value: $776,000 - $1,009,000

7 Beds
4 Baths
3,400 Sq Ft
$269/Sq Ft Est. Value

Last Sold July 21, 2020

Last sale price $737,000 $217 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $5,622/month

8 Days on Market

Highlights

  • No HOA
  • 3-minute walk to Alkali Flat/La Valentina
  • Central Heating and Cooling System
  • Miwok Middle School Rated A-
  • Double Pane Windows
  • 4-minute walk to John Muir Children's Park

About This Home

As of July 2020

Absolutely fantastic urban investment property. This Victorian building has 3 amazing rental units and a large owner's storage unit for potential future development. The current owner has lovingly restored each of these rental units with washers and dryers, new flooring, new lighting and updated bathrooms and kitchens. In addition each unit enjoys large private porch areas and a spacious backyard. Located on a beautiful street of other historic restored properties this neighborhood has an amazing energy. This building has a great walkability rating with close proximity to The Music Circus, Sacramento Theater Company, Golden1 Center and the new proposed Sacramento Republic Soccer Stadium!

Last Agent to Sell the Property

Ted Russert

RE/MAX Gold Midtown License #01221064 Listed on: 07/01/2020

RE/MAX Gold Midtown

Last Buyer's Agent

Sheila Van Noy

Dunnigan, REALTORS License #00924678

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,535

Year Built

  • Built in 1940

Lot Details

  • 4,400 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Double Pane Windows

Utilities

  • Central Heating and Cooling System
  • 220 Volts

Listing and Financial Details

  • Tenant pays for electricity gas
  • Assessor Parcel Number 002-0125-005-0000

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,535

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Triplex
  • Year Built: 1940
  • Architectural Style: Contemporary,Victorian
  • Stories: 2
  • Number of Two Bedroom Units: 2
  • Number of Three Bedroom Units: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Oven,Free Standing Gas Range,Free Standing Refrigerator,Gas Water Heater
  • Flooring: Laminate,Tile,Wood
  • Window Features: Dual Pane Partial

Exterior Features

  • Construction Materials: Frame,Wood
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,See Remarks
  • Foundation: Raised
  • Listing Price: 739000.00
  • Roof: Composition

Garage/Parking

  • Parking Features: Street

Utilities

  • Sewer: Public Sewer
  • Cooling: Central
  • Electric: 220 Volts
  • Heating: Central
  • Laundry Features: Washer/Dryer Owned,Washer/Dryer

Condo/Co-op/Association

  • Association Features: Yard Space
  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: R-3A
  • Lot Size Acres: 0.1010
  • Lot Size Sq Ft: 4400

Rental Info

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

Multi Family

  • Gross Income: 49200
  • Income Includes: Rent Only
  • Number of Leased Units: 1
  • Number of Month to Month Units: 2
  • Number of Units: 3
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 002-0125-005-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2020
Closed on
Jul 17, 2020
Sold by
Alvardo Sammy J and Alvardo Alicia M
Bought by
Knigge Stuart D and Wilson Caroline
Seller's Agent
Ted Russert
RE/MAX Gold Midtown
Buyer's Agent
Sheila Van Noy
Dunnigan, REALTORS
List Price
$739,000
Sold Price
$737,000
Premium/Discount to List
-$2,000
-0.27%
Current Estimated Value
$913,936

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,936
Avg. Annual Appreciation
4.26%

Purchase Details

Closed on
Jul 19, 2006
Sold by
Jones Heather A and Jones Ronald
Bought by
Alvarado Sammy J and Alvarado Alicia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,000
Interest Rate
7.78%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 27, 2003
Sold by
Fernandez David C
Bought by
Jones Heather A and Jones Ronald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.18%
Mortgage Type
Purchase Money Mortgage
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
Knigge Stuart D $737,000 Placer Title Company
Alvarado Sammy J $570,000 Placer Title Company
Jones Heather A $400,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alvarado Sammy J $452,838
Previous Owner Alvarado Sammy J $450,000
Previous Owner Alvarado Sammy J $456,000
Previous Owner Jones Heather A $393,750
Previous Owner Jones Heather A $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2020 07/21/20 Sold $737,000 -0.3% $217 / Sq Ft
07/09/2020 07/09/20 Pending -- -- --
07/01/2020 07/01/20 For Sale $739,000 -- $217 / 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 $9,535 $797,749 $351,789 $445,960
2024 $9,535 $782,108 $344,892 $437,216
2023 $9,310 $766,774 $338,130 $428,644
2022 $9,153 $751,740 $331,500 $420,240
2021 $8,722 $737,000 $325,000 $412,000
2020 $8,437 $698,278 $294,010 $404,268
2019 $8,260 $684,588 $288,246 $396,342
2018 $8,045 $671,166 $282,595 $388,571
2017 $7,935 $658,006 $277,054 $380,952
2016 $7,729 $645,105 $271,622 $373,483
2015 $7,616 $635,415 $267,542 $367,873
2014 $7,411 $622,969 $262,302 $360,667
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 20037530

MetroList

APN: 002-0125-005