NOT LISTED FOR SALE

1543 South Ave Sacramento, CA 95838

Del Paso Heights Neighborhood

Estimated Value: $326,587 - $358,000

2 Beds
2 Baths
1,173 Sq Ft
$294/Sq Ft Est. Value

Last Sold August 26, 2015

Last sale price $120,000 $102 Per Sq Ft

Est. 187% increase in value since last sale

Current estimated payment $2,031/month

33 Days on Market

Highlights

  • No HOA
  • Central Air
  • 1-Story Property

About This Home

As of August 2015

CASH FLOW ! Currently approximately 11.8% return (Based on a $100.00 in expenses a month). GREAT PURCHASE PRICE AND RESIDUAL INCOME AWAITS YOU. The tenants on both sides have been there a long time and would like to stay. Both units have one bedroom and one bath. At this price it won't last.

Last Agent to Sell the Property

Roxanne McCaslin

eXp Realty of California Inc License #01228906 Listed on: 06/17/2015

eXp Realty of California Inc

Last Buyer's Agent

Roxanne McCaslin

eXp Realty of California Inc License #01228906 Listed on: 06/17/2015

eXp Realty of California Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,816

Lot Details

  • 6,098

Home Design

  • Duplex
  • Composition Roof

Utilities

  • Central Air
  • Wall Furnace

Additional Features

  • 1-Story Property
  • 6,098 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for electricity gas sewer trash collection water
  • Assessor Parcel Number 251-0125-032-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,816

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Stories: 1
  • Year Built Details: Unknown
  • Number of One Bedroom Units: 2
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Other
  • Other Equipment: None
  • Flooring: See Remarks

Exterior Features

  • Construction Materials: Wood,See Remarks
  • Disclosures/Documents: Rental/Lease Agmts,None
  • Listing Price: 119900.00
  • Roof: Composition

Garage/Parking

  • Parking Features: 1 Space Per Unit

Utilities

  • Cooling: Central
  • Heating: Wall Furnace

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Twin Rivers Unified

Lot Info

  • Zoning Description: Res
  • Lot Size Acres: 0.1400
  • Lot Size Sq Ft: 6098

Rental Info

  • Tenant Pays: Electricity,Gas,Sewer,Trash Collection,Water
  • Total # Leasable: 2

Multi Family

  • Gross Income: 15420
  • Income Includes: Rent Only
  • Number of Leased Units: 2
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 251-0125-032-0000

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 19, 2017
Sold by
Shotwell Johnny L and Shotwell Victoria
Bought by
Shotwell Johnny L and Shotwell Victoria
Current Estimated Value
$344,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,550
Outstanding Balance
$73,965
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$285,080

Purchase Details

Closed on
May 3, 2016
Sold by
Shotwell Johnny L and Shotwell Victoria
Bought by
The Shotwell Family Revocable Living Tru

Purchase Details

Listed on
Jun 17, 2015
Closed on
Aug 21, 2015
Sold by
South Ave Trust #1543
Bought by
Shotwell Johnny and Shotwell Victoria Eva
Seller's Agent
Roxanne McCaslin
eXp Realty of California Inc
Buyer's Agent
Roxanne McCaslin
eXp Realty of California Inc
List Price
$119,900
Sold Price
$120,000
Premium/Discount to List
$100
0.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.57%
Original Mortgage
$108,000
Interest Rate
4.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 4, 2005
Sold by
Purrington William R and Purrington Kathleen
Bought by
Graf M and South Avenue Trust #1543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.02%
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
Shotwell Johnny L -- None Available
Shotwell Johnny L -- None Available
The Shotwell Family Revocable Living Tru -- None Available
Shotwell Johnny $120,000 Orange Coast Title Co Norcal
Graf M $180,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shotwell Johnny L $88,550
Closed Shotwell Johnny $108,000
Previous Owner Graf M $40,114
Previous Owner Graf M $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2015 08/26/15 Sold $120,000 +0.1% $102 / Sq Ft
07/20/2015 07/20/15 Pending -- -- --
06/17/2015 06/17/15 For Sale $119,900 -- $102 / 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 $1,816 $142,048 $42,614 $99,434
2024 $1,816 $139,264 $41,779 $97,485
2023 $1,821 $136,534 $40,960 $95,574
2022 $1,720 $133,857 $40,157 $93,700
2021 $1,710 $131,233 $39,370 $91,863
2020 $1,690 $129,889 $38,967 $90,922
2019 $1,668 $127,343 $38,203 $89,140
2018 $1,588 $124,847 $37,454 $87,393
2017 $1,619 $122,400 $36,720 $85,680
2016 $1,615 $120,000 $36,000 $84,000
2015 $1,360 $104,000 $24,999 $79,001
2014 $1,384 $101,964 $24,510 $77,454
Source: Public Records

Agents Affiliated with this Home

  • Roxanne McCaslin

    Seller's Agent in 2015

    Roxanne McCaslin

    eXp Realty of California Inc

    (916) 240-2773

    3 in this area

    244 Total Sales

    Roxanne McCaslin
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Map

Source: MetroList

MLS Number: 15039508

MetroList

APN: 251-0125-032

California Sacramento County Sacramento 95838 Del Paso Heights

1543 South Ave, Sacramento, CA

This home is located at 1543 South Ave, Sacramento, CA 95838 since 17 June 2015 and is currently estimated at $344,897, approximately $294 per square foot. 1543 South Ave is a home located in Sacramento County with nearby schools including Michael J. Castori Elementary School, Martin Luther King Jr. Technology Academy, and Grant Union High School.

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.

MetroList IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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