NOT LISTED FOR SALE

Estimated Value: $1,198,000 - $1,971,407

8 Beds
4 Baths
3,587 Sq Ft
$431/Sq Ft Est. Value

Last Sold April 12, 2018

Last sale price $1,480,000 $413 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $10,007/month

3 Days on Market

Highlights

  • 0.15 Acre Lot
  • No HOA
  • Central Heating
  • William Land Elementary School Rated A-

About This Home

As of April 2018

Located at the heart of midtown off of 16th, 4 luxury units with all the amenities. Completely upgraded with a secured, private garage available for each unit. Charming & Contemporary with open floor plans & beautiful kitchens. Stainless steel gas range, refrigerator, microwave, and dishwasher with cozy nook dining. Lots of storage with new washer/dryer in each unit plus modern flooring, energy efficient windows, central heat/air. Walking distance to hot spots, upscale & casual dining. Call NOW!

Last Agent to Sell the Property

Doug Grace

eXp Realty of California Inc. License #01179523 Listed on: 03/06/2018

eXp Realty of California Inc.

Co-Listed By

Scott Patel

Diamond Star Real Estate Group License #01922429

Last Buyer's Agent

Nathan Sherman

Dunnigan, REALTORS License #01875980

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,286

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions: 6534

Parking

  • 4 Car Garage

Home Design

  • Quadruplex
  • Composition Roof

Additional Features

  • 2-Story Property
  • Central Heating

Listing and Financial Details

  • Tenant pays for cable tv electricity gas grounds care
  • Assessor Parcel Number 009-0151-013-0000

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Richmond Grove Subdivision

Building Details

  • 3 Leased Units
  • 1 Vacant Unit
  • Insurance Expense $1,445

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,286

Lot Details

0

Parking

4

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Stories: 2
  • Subdivision: Richmond Grove
  • Year Built Details: Unknown
  • Number of Two Bedroom Units: 4
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Gas Range,Dishwasher,Disposal,Free Standing Refrigerator,Microwave
  • Flooring: Carpet,Laminate,Tile
  • Window Features: Dual Pane Full,Window Coverings

Exterior Features

  • Construction Materials: Frame,Lap Siding
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,None
  • Listing Price: 1399987.00
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Garage,1 Space Per Unit

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Cooling: Ceiling Fan(s),Central
  • Heating: Central
  • Laundry Features: Washer/Dryer Owned,Washer/Dryer
  • Utilities Expenses: 6216

Condo/Co-op/Association

  • Association Features: Patios/Balcony,Public Trans Nearby
  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: R-1B
  • Lot Size Acres: 0.1500
  • Lot Dimensions: 6,534 Sqft
  • Lot Size Sq Ft: 6534

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas,Grounds Care
  • Total # Leasable: 4

Multi Family

  • Gross Income: 96960
  • Income Includes: Parking,Rent Only,See Remarks
  • Insurance Expense: 1445
  • Number of Leased Units: 3
  • Number of Units: 4
  • Number of Vacant Units: 1
  • Units Furnished: None
  • Gross Income Multiplier: 14.430

Tax Info

  • Assessor Parcel Number: 009-0151-013-0000
  • Current RE Taxes: 7286

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 13, 2021
Sold by
Yamada Craig S and Kwok Monice J
Bought by
Yamada Craig S and Kwok Monice J
Current Estimated Value
$1,546,802

Purchase Details

Listed on
Mar 6, 2018
Closed on
Apr 10, 2018
Sold by
Fixzyn Inc
Bought by
Kwok Monice J and Yamada Family Revocable Trust
Seller's Agent
Doug Grace
eXp Realty of California Inc.
Buyer's Agent
Nathan Sherman
Dunnigan, REALTORS
List Price
$1,399,987
Sold Price
$1,480,000
Premium/Discount to List
$80,013
5.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.43%

Purchase Details

Closed on
Mar 29, 2017
Sold by
Red Knoll Development Llc
Bought by
Fixzyn Inc

Purchase Details

Closed on
Aug 1, 2014
Sold by
Fong Waymond and Stephen T Fong & Margaret L Fo
Bought by
Red Knoll Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
4%
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
Yamada Craig S -- None Available
Yamada Craig S -- None Available
Kwok Monice J $1,480,000 Stewart Title Of Sacramento
Fixzyn Inc $443,400 Stewart Title Of California
Red Knoll Development Llc $565,000 Placer Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Red Knoll 15Th & S Street Llc $228,000
Previous Owner Red Knoll Development Llc $396,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2018 04/12/18 Sold $1,480,000 +5.7% $413 / Sq Ft
03/09/2018 03/09/18 Pending -- -- --
03/06/2018 03/06/18 For Sale $1,399,987 +147.8% $390 / Sq Ft
12/23/2014 12/23/14 Sold $565,000 -5.7% $160 / Sq Ft
07/18/2014 07/18/14 Pending -- -- --
03/20/2014 03/20/14 For Sale $599,000 -- $169 / 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 $19,738 $1,683,983 $341,347 $1,342,636
2024 $19,738 $1,650,964 $334,654 $1,316,310
2023 $19,275 $1,618,593 $328,093 $1,290,500
2022 $18,953 $1,586,857 $321,660 $1,265,197
2021 $18,054 $1,555,743 $315,353 $1,240,390
2020 $18,211 $1,539,792 $312,120 $1,227,672
2019 $23,843 $1,509,600 $306,000 $1,203,600
2018 $7,845 $637,500 $306,000 $331,500
2017 $7,286 $585,086 $243,354 $341,732
2016 $13,100 $573,615 $238,583 $335,032
2015 $7,656 $565,000 $235,000 $330,000
2014 $1,198 $68,358 $28,473 $39,885
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 18012073

MetroList

APN: 009-0151-013