Tim Leingang
Granite Equity Group
(916) 999-7016
46 Total Sales
1 in Mansion Flats
$575,000 Price
1508 E St Sacramento, CA 95814
Mansion Flats NeighborhoodEstimated Value: $1,122,000 - $1,598,139
10
Beds
6
Baths
4,580
Sq Ft
$306/Sq Ft
Est. Value
Highlights
- 0.15 Acre Lot
- Laundry closet
- 3 Car Garage
- No HOA
- Central Heating and Cooling System
- 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
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Property Details
Home Type
- Multi-Family
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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 8, 2025
Sold by
Bought by
Current Estimated Value
Purchase Details
Listed on
Aug 21, 2024
Closed on
May 12, 2025
Sold by
Bought by
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-10.63%
Purchase Details
Listed on
Aug 21, 2024
Closed on
Apr 29, 2025
Sold by
Bought by
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
Purchase Details
Closed on
Jul 20, 2022
Sold by
Bought by
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
Bought by
Purchase Details
Closed on
Apr 9, 2021
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$581,250
Interest Rate
3.05%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 4, 2020
Sold by
Bought by
Purchase Details
Closed on
Apr 2, 2020
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,455
Interest Rate
3.3%
Purchase Details
Closed on
Jun 28, 2019
Sold by
Bought by
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
Bought by
Purchase Details
Closed on
Jun 21, 2012
Sold by
Bought by
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
Bought by
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
Bought by
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
Bought by
Purchase Details
Closed on
Mar 1, 2005
Sold by
Bought by
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
Bought by
Purchase Details
Closed on
Mar 17, 2004
Sold by
Bought by
Purchase Details
Closed on
Sep 9, 2003
Sold by
Bought by
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
Bought by
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
Bought by
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
Bought by
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%
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Mansion Flats, CA
-
Tim Leingang
-
Rich Cazneaux
Rich Cazneaux
Responds QuicklyColdwell Banker Realty
(916) 621-5407
232 Total Sales
1 in Mansion Flats
$1,115,000 Price
-
Tim Swanston
Tim Swanston
Responds QuicklyNorth Coast Commercial, Inc.
(916) 282-7708
59 Total Sales
1 in Mansion Flats
$1,125,000 Price
-
Anthony Scarpelli
Anthony Scarpelli
Better Homes and Gardens RE
(916) 848-2882
150 Total Sales
1 in Mansion Flats
$549,000 Price
-
Kyle Wells
Kyle Wells
eXp Realty of California Inc.
(916) 550-9948
93 Total Sales
2 in Mansion Flats
$314K - $656K Price Range
-
Matthew Sarro
Matthew Sarro
Collier's International
(916) 999-7109
68 Total Sales
6 in Mansion Flats
$1.1M - $3.6M Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Listed On Document | ||
| -- | Accommodation/Courtesy Recordi | ||
| $1,610,000 | Chicago Title | ||
| -- | Chicago Title | ||
| -- | None Listed On Document | ||
| -- | Servicelink | ||
| -- | None Listed On Document | ||
| -- | Stewart Title Of Sacramento | ||
| -- | Fidelity National Title Co | ||
| -- | Fidelity National Title Co | ||
| $710,000 | Fidelity National Title Co | ||
| -- | None Available | ||
| -- | North American Title Company | ||
| -- | Servicelink | ||
| $267,000 | Servicelink | ||
| $476,775 | Servicelink | ||
| $535,000 | Financial Title Company | ||
| $489,000 | Fidelity National Title Co | ||
| -- | -- | ||
| -- | -- | ||
| -- | Fidelity National Title Co | ||
| -- | First American Title Ins Co | ||
| $270,000 | First American Title Ins Co |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $1,122,000 | ||
| Previous Owner | $600,000 | ||
| Previous Owner | $581,250 | ||
| Previous Owner | $29,455 | ||
| Previous Owner | $513,500 | ||
| Previous Owner | $497,000 | ||
| Previous Owner | $191,800 | ||
| Previous Owner | $186,900 | ||
| Previous Owner | $428,000 | ||
| Previous Owner | $110,000 | ||
| Previous Owner | $200,000 | ||
| Previous Owner | $195,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $16,520 | $1,642,200 | $459,000 | $1,183,200 |
| 2025 | $16,520 | $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
Seller's Agent in 2025
Matthew Sarro
Collier's International
(916) 616-5267
6 in this area
68 Total Sales
-
Mary Seo
Buyer's Agent in 2025
Mary Seo
Ornate Inc
(916) 271-3671
1 in this area
27 Total Sales
Map
Source: MetroList
MLS Number: 224092975
APN: 002-0132-005
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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