NOT LISTED FOR SALE

Estimated Value: $1,304,709

0.3 Acre
$4,349,030 Price per Acre
13,068 Sq Ft Lot

Last Sold March 06, 2023

Last sale price $1,200,000

Est. 9% increase in value since last sale

Current estimated payment $8,792/month

64 Days on Market

About This Lot

As of March 2023

The subject property is currently a 6400 square foot vacant brick retail / industrial warehouse building with 400 amps of power and a roll up door in the back alley. Next door includes a 6400 square foot vacant parking lot. Both on one parcel and included in the sale for a total of 12,800 sf of land (.3 Acres). Owner has plans and approval for 10 luxury apartment lofts. Call, email or text listing agent for a marketing package and disclosures.

Last Listed By

Matthew Sarro

Collier's International CA, Inc. License #01942991 Listed on: 07/28/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $18,270

Year Built

  • 1940

Lot Details

  • 0.3 Acre Lot
  • Mostly Level
  • Possible uses of the property include Other
  • Property is zoned C-4-SPD, Multi-Residential

Home Design

  • Planned Development

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 002-0131-017-0000

Property Details

Property Type

Land

Est. Annual Taxes

$18,270

Year Built

1940

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Subtype 1: Residential Lot
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 1940

Exterior Features

  • Horse Property: No
  • Listing Price: 1400000.00
  • Lot Features: Area Lighting, Other
  • Road Frontage: City Street
  • Topography: Mostly Level
  • Additional Living Units: No

Utilities

  • Sewer: Public Sewer
  • Utilities: Water Connected, Other
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning: C-4-SPD
  • Crops: None
  • Current Use: Planned Unit Development, Commercial, Multi-Family
  • Development Status: Building Plans Filed
  • Zoning Description: Multi-Residential
  • Irrigation: None
  • Lot Size Acres: 0.3000
  • Lot Size Sq Ft: 13068.00
  • Possible Use: Other
  • ResoLotSizeUnits: Acres

Multi Family

  • Income Includes: None

Tax Info

  • Assessor Parcel Number: 002-0131-017-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2022
Closed on
Jan 5, 2023
Sold by
Angora Investment Company Llc
Bought by
Pearl 24 Inc
Seller's Agent
Matthew Sarro
Collier's International CA, Inc.
Buyer's Agent
Matthew Sarro
Collier's International CA, Inc.
List Price
$1,400,000
Sold Price
$1,200,000
Premium/Discount to List
-$200,000
-14.29%
Total Days on Market
64
Views
20
Current Estimated Value
$1,304,709

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,709
Avg. Annual Appreciation
3.93%

Purchase Details

Closed on
May 19, 2021
Sold by
Angora Investment Company Llc
Bought by
Angora Investment Company Llc

Purchase Details

Closed on
Aug 19, 2020
Sold by
Sacramento Socity For Prevention Of Crue
Bought by
Angora Investment Company Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 21, 2005
Sold by
Paladin Holding Co Inc
Bought by
Sacramento Society For The Prevention Of

Purchase Details

Closed on
Jul 1, 2004
Sold by
Wood Rose E and H A Wood Family Revocable Trus
Bought by
Paladin Holding Co

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.31%
Mortgage Type
Seller Take Back

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
Pearl 24 Inc $1,200,000 Chicago Title Company
Angora Investment Company Llc -- Orange Coast Ttl Co Of Nocal
Angora Investment Company Llc $1,100,000 Orange Coast Ttl Co Of Nocal
Sacramento Society For The Prevention Of -- Stewart Title Of Sacramento
Paladin Holding Co $700,000 Stewart Title Of Sacramento
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Angora Investment Company Llc $1,295,000
Previous Owner Angora Investment Company Llc $1,295,000
Previous Owner Angora Investment Company Llc $1,100,000
Previous Owner Paladin Holding Co $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2023 03/06/23 Sold $1,200,000 -14.3% --
09/30/2022 09/30/22 Pending -- -- --
07/28/2022 07/28/22 For Sale $1,400,000 -- --
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
2024 $18,270 $1,224,000 $1,222,980 $1,020
2023 $16,519 $1,144,440 $728,280 $416,160
2022 $16,191 $1,122,000 $714,000 $408,000
2021 $10,294 $750,000 $350,000 $400,000
2020 $14,500 $1,109,253 $279,897 $829,356
2019 $13,197 $1,095,839 $274,409 $821,430
2018 $12,893 $1,046,583 $269,029 $777,554
2017 $12,754 $1,058,721 $263,754 $794,967
2016 $12,520 $1,043,522 $258,583 $784,939
2015 $12,405 $1,033,003 $254,699 $778,304
2014 $12,137 $1,018,364 $249,710 $768,654
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 222100667

MetroList

APN: 002-0131-026