NOT LISTED FOR SALE

Estimated Value: $334,000 - $393,097

4 Beds
2 Baths
1,500 Sq Ft
$240/Sq Ft Est. Value

Last Sold October 27, 2020

Last sale price $220,000 $147 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $2,139/month

34 Days on Market

About This Home

As of October 2020

Excellent investment opportunity for the right buyer! 1512 unit is occupied, must purchase with tenant in place.

Last Agent to Sell the Property

Warren Adams

Security Pacific Real Estate License #00683223 Listed on: 08/27/2020

Security Pacific Real Estate

Last Buyer's Agent

Rich Gibbens

KW Sac Metro License #02029877

KW Sac Metro

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,894

Year Built

  • Built in 1954

Lot Details

  • 7,841

Parking

  • 2 Car Garage
  • 1 Parking Space Included

Home Design

  • Duplex
  • Composition Roof

Utilities

  • Window Unit Cooling System
  • Wall Furnace

Additional Features

  • 1-Story Property
  • 7,841 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for rent only
  • Assessor Parcel Number 266-0413-003-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Leased Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,894

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1954
  • Architectural Style: Ranch
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Varies By Unit
  • Other Equipment: None
  • Flooring: Carpet,Tile

Exterior Features

  • Construction Materials: Frame,Stucco
  • Disclosures/Documents: CC&Rs,None
  • Listing Price: 234900.00
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: 1 Space Per Unit

Utilities

  • Sewer: Other
  • Cooling: Window Unit(s)
  • Heating: Wall Furnace

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: R-2A
  • Lot Size Acres: 0.1800
  • Lot Size Sq Ft: 7841

Rental Info

  • Tenant Pays: Rent Only
  • Total # Leasable: 1

Multi Family

  • Income Includes: Rent Only
  • Existing Lease Type: See Remarks
  • Number of Leased Units: 1
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 266-0413-003-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2020
Closed on
Oct 12, 2020
Sold by
Wilmington Trust National Association
Bought by
Sims Derrick L and Lucas Robert Earl
Seller's Agent
Warren Adams
Security Pacific Real Estate
Buyer's Agent
Rich Gibbens
KW Sac Metro
List Price
$234,900
Sold Price
$220,000
Premium/Discount to List
-$14,900
-6.34%
Current Estimated Value
$360,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,024
Avg. Annual Appreciation
10.22%
Original Mortgage
$154,000
Outstanding Balance
$136,725
Interest Rate
2.8%
Mortgage Type
Construction
Estimated Equity
$223,299

Purchase Details

Closed on
Aug 5, 2019
Sold by
Brown Suzanne
Bought by
Wilmington Trust National Association and Mfra Trust 2016 1

Purchase Details

Closed on
Jul 29, 2019
Sold by
Brown Suzanne
Bought by
Muniz Sierra

Purchase Details

Closed on
Jan 17, 2008
Sold by
Brown Suzanne
Bought by
Brown Suzanne and Suzanne Brown 2008 Trust

Purchase Details

Closed on
Jul 16, 2004
Sold by
Muniz Suzanne
Bought by
Brown Suzanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,350
Interest Rate
4.28%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 18, 2001
Sold by
Mak Kent M
Bought by
Muniz Suzanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,300
Interest Rate
7.09%

Purchase Details

Closed on
Jul 16, 2001
Sold by
Muniz Ted
Bought by
Muniz Suzanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,300
Interest Rate
7.09%

Purchase Details

Closed on
Oct 4, 1999
Sold by
Trapani Kathy and Trapani Jack M
Bought by
Mak Kent M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,800
Interest Rate
3.85%
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
Sims Derrick L $220,000 Lawyers Title
Wilmington Trust National Association $220,529 Accommodation
Muniz Sierra -- None Available
Brown Suzanne -- None Available
Brown Suzanne -- Fidelity National Title Co
Muniz Suzanne $79,500 Fidelity National Title Co
Muniz Suzanne -- Fidelity National Title Co
Mak Kent M $66,000 North American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sims Derrick L $154,000
Previous Owner Brown Suzanne $155,350
Previous Owner Muniz Suzanne $63,300
Previous Owner Mak Kent M $52,800
Closed Mak Kent M $6,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2020 10/27/20 Sold $220,000 -6.3% $147 / Sq Ft
09/30/2020 09/30/20 Pending -- -- --
09/16/2020 09/16/20 For Sale $234,900 0.0% $157 / Sq Ft
09/04/2020 09/04/20 Pending -- -- --
08/27/2020 08/27/20 For Sale $234,900 -- $157 / 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 $2,894 $238,134 $97,418 $140,716
2024 $2,894 $233,465 $95,508 $137,957
2023 $2,906 $228,888 $93,636 $135,252
2022 $2,741 $224,400 $91,800 $132,600
2021 $2,728 $220,000 $90,000 $130,000
2020 $3,759 $310,000 $90,000 $220,000
2019 $4,962 $104,790 $39,720 $65,070
2018 $4,855 $102,737 $38,942 $63,795
2017 $4,174 $100,724 $38,179 $62,545
2016 $4,313 $98,750 $37,431 $61,319
2015 $4,411 $97,267 $36,869 $60,398
2014 $4,502 $95,362 $36,147 $59,215
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 20047627

MetroList

APN: 266-0413-003