Seller's Agent in 2025
Matthew Sarro
Collier's International
(916) 616-5267
4 in this area
65 Total Sales
1508 E St Sacramento, CA 95814
Mansion Flats Neighborhood
10
Beds
6
Baths
4,580
Sq Ft
6,534
Sq Ft Lot
Highlights
- 0.15 Acre Lot
- No HOA
- Central Heating and Cooling System
- Miwok Middle School Rated A-
- Laundry closet
- 2-minute walk to Washington Park
About This Home
As of May 2025Excellent opportunity for an owner/user to acquire four units and leave one for themselves to occupy. The building is currently generating $10,655 a month in gross income. It is very rare to acquire two newly constructed townhomes and a remodeled duplex in a thriving location of Midtown Sacramento. The back building was built in 2022 and has (2) two bedroom/1.5 bathroom 1050 Square foot townhouse style units that is attached to a 3 car garage. Freestanding units like these sell for $850,000 each within the area. The Front building is a remodeled duplex. Both top and bottom units are 3bedroom/1bathroom 1,240 Square foot units that have been completely remodeled with laundry included. Largest fourplex available and currently a 6% cap rate on actuals.
Last Agent to Sell the Property
Collier's International License #01942991 Listed on: 08/21/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,658
Year Built
- Built in 1890
Lot Details
- 6,534 Sq Ft Lot
Parking
- 3 Car Garage
Home Design
- Quadruplex
- Concrete Foundation
- Redwood Siding
- Concrete Perimeter Foundation
- Stucco
Interior Spaces
- 4,580 Sq Ft Home
- 2-Story Property
- Laundry closet
Utilities
- Central Heating and Cooling System
- Natural Gas Connected
Listing and Financial Details
- Assessor Parcel Number 002-0132-005
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 4 Units
Amenities
- Laundry Facilities
Building Details
- 3 Leased Units
- 1 Vacant Unit
- 3 Units Leased Month-To-Month
- Net Lease
- Net Operating Income $127,860
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 21, 2024
Closed on
May 12, 2025
Sold by
Jeon Hyun-Gyu and Kim Eunsug
Bought by
Jeon Hyun-Gyu and Kim Eunsug
Seller's Agent
Matthew Sarro
Collier's International
Buyer's Agent
Mary Seo
Ornate Inc
List Price
$1,695,000
Sold Price
$1,610,000
Premium/Discount to List
-$85,000
-5.01%
Views
179
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$39,599
Avg. Annual Appreciation
-6.34%
Purchase Details
Closed on
Jul 20, 2022
Sold by
1510 E St Llc
Bought by
1510 E St Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,122,000
Interest Rate
5.81%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 4, 2021
Sold by
Ito Karen
Bought by
Weng Richard and Ito Karen Shihomi
Purchase Details
Closed on
Apr 9, 2021
Sold by
Ito Karen and Garner Christopher
Bought by
Ito Karen
Purchase Details
Closed on
Dec 4, 2020
Sold by
Weng Richard and Ito Karen Shihomi
Bought by
1510 E St Llc
Purchase Details
Closed on
Apr 2, 2020
Sold by
Weng Richard and Garner Christopher
Bought by
Ito Karen and Garner Christopher
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$513,500
Interest Rate
3.4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 28, 2019
Sold by
Patton Russ and Patton Beverley
Bought by
Weng Richard and Garner Christopher
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$497,000
Interest Rate
4%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 21, 2014
Sold by
Patton Russ and Patton Beverley K
Bought by
Patton Kennedy Trust
Purchase Details
Closed on
Jun 21, 2012
Sold by
Patton Russ E
Bought by
Patton Russ E and Patton Beverley K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,800
Interest Rate
3.74%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 17, 2011
Sold by
Patton Beverley K
Bought by
Patton Russ E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,900
Interest Rate
4.77%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 4, 2011
Sold by
The Bank Of New York Mellon
Bought by
Patton Russ E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,900
Interest Rate
4.77%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 23, 2010
Sold by
Penrod Eric and Penrod Thomas
Bought by
The Bank Of New York Mellon
Purchase Details
Closed on
Mar 1, 2005
Sold by
Cresci Diane V
Bought by
Penrod Eric and Penrod Thomas
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,000
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 26, 2004
Sold by
Trustees Funding Inc
Bought by
Cresci Diane V
Purchase Details
Closed on
Mar 17, 2004
Sold by
Future Growth Enterprises Inc
Bought by
Trustees Funding Inc
Purchase Details
Closed on
Sep 9, 2003
Sold by
Mullins Richard and Mullins Annarae
Bought by
Future Growth Enterprises Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 3, 2003
Sold by
Avishai Ron Avi and Avishai Ron
Bought by
Mullins Richard and Mullins Annarae
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 19, 2001
Sold by
Ron Suzanne
Bought by
Ron Avishai
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
6.73%
Purchase Details
Closed on
Dec 10, 2001
Sold by
Ramirez Jose P and Ramirez Otilia
Bought by
Ron Avi
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
6.73%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | Accommodation/Courtesy Recordi | |
| Grant Deed | -- | Chicago Title | |
| Deed | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Servicelink | |
| Grant Deed | -- | None Listed On Document | |
| Grant Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | Stewart Title Of Sacramento | |
| Grant Deed | $710,000 | Fidelity National Title Co | |
| Interfamily Deed Transfer | -- | Fidelity National Title Co | |
| Interfamily Deed Transfer | -- | Fidelity National Title Co | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | North American Title Company | |
| Interfamily Deed Transfer | -- | Servicelink | |
| Grant Deed | $267,000 | Servicelink | |
| Trustee Deed | $476,775 | Servicelink | |
| Grant Deed | $535,000 | Financial Title Company | |
| Grant Deed | $489,000 | Fidelity National Title Co | |
| Grant Deed | -- | -- | |
| Grant Deed | -- | -- | |
| Grant Deed | -- | Fidelity National Title Co | |
| Interfamily Deed Transfer | -- | First American Title Ins Co | |
| Grant Deed | $270,000 | First American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,122,000 | New Conventional | |
| Previous Owner | $513,500 | New Conventional | |
| Previous Owner | $497,000 | Commercial | |
| Previous Owner | $191,800 | New Conventional | |
| Previous Owner | $186,900 | New Conventional | |
| Previous Owner | $428,000 | Purchase Money Mortgage | |
| Previous Owner | $200,000 | Purchase Money Mortgage | |
| Previous Owner | $195,000 | No Value Available | |
| Closed | $53,500 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/22/2025 05/22/25 | Sold | $1,610,000 | -2.4% | $352 / Sq Ft |
| 04/16/2025 04/16/25 | Pending | -- | -- | -- |
| 03/07/2025 03/07/25 | Price Changed | $1,650,000 | -2.7% | $360 / Sq Ft |
| 01/25/2025 01/25/25 | For Sale | $1,695,000 | 0.0% | $370 / Sq Ft |
| 01/05/2025 01/05/25 | Pending | -- | -- | -- |
| 10/17/2024 10/17/24 | Price Changed | $1,695,000 | -3.1% | $370 / Sq Ft |
| 08/21/2024 08/21/24 | For Sale | $1,749,000 | -- | $382 / Sq Ft |
Source: MetroList
Tax History Compared to Growth
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 | $14,658 | $1,241,612 | $318,362 | $923,250 |
| 2024 | $14,658 | $1,217,268 | $312,120 | $905,148 |
| 2023 | $14,316 | $1,193,400 | $306,000 | $887,400 |
| 2022 | $11,475 | $909,329 | $294,702 | $614,627 |
| 2021 | $8,459 | $724,933 | $277,849 | $447,084 |
| 2020 | $8,446 | $710,000 | $275,000 | $435,000 |
| 2019 | $3,839 | $306,643 | $136,668 | $169,975 |
| 2018 | $3,740 | $300,632 | $133,989 | $166,643 |
| 2017 | $3,689 | $294,738 | $131,362 | $163,376 |
| 2016 | $3,565 | $288,960 | $128,787 | $160,173 |
| 2015 | $3,512 | $284,621 | $126,853 | $157,768 |
| 2014 | $3,420 | $279,047 | $124,369 | $154,678 |
Source: Public Records
Agents Affiliated with this Home
-
Matthew Sarro
-
Mary Seo
Buyer's Agent in 2025
Mary Seo
Ornate Inc
(916) 271-3671
1 in this area
23 Total Sales
Map
Source: MetroList
MLS Number: 224092975
APN: 002-0132-005
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