NOT LISTED FOR SALE
3 Beds
2 Baths
1,310 Sq Ft
79,279 Sq Ft Lot

Last Sold December 07, 2016

Last sale price $5,300,000 $4,046 Per Sq Ft

27 Days on Market

About This Home

As of December 2016

76 units in two separate buildings, 47 1bd & 29 2bd. Property is gated, with onsite mgmt office, pool and coin laundry. Great oppty to own a property with upside potential. Located in Arden-Arcade area, with easy access to Hwy 80 & downtown Sacramento.

Last Agent to Sell the Property

Ann Leu

Leu Real Estate License #01768867 Listed on: 08/23/2016

Co-Listed By

Susan Leu

Leu Real Estate License #01857140

Last Buyer's Agent

Non-MLS Member

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 1.82 Acre Lot

Home Design

  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Window Treatments

Parking

  • 56 Open Parking Spaces
  • 1 Parking Space Included
  • 20 Covered Spaces

Listing and Financial Details

  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 278-0250-014-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 76 Units

Building Details

  • 12 Leased Units
  • 7 Vacant Units
  • 57 Units Leased Month-To-Month
  • Operating Expense $277,037

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

1.82 Acres

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: 5 or More Units
  • Year Built: 1963
  • Stories: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Electric Range,Free Standing Refrigerator
  • Flooring: Carpet,Laminate,Linoleum/Vinyl
  • Window Features: Window Coverings

Exterior Features

  • Construction Materials: Frame,Stucco,Wood
  • Disclosures/Documents: Rental/Lease Agmts,None
  • Listing Price: 5500000.00
  • Patio And Porch Features: Enclosed Patio,Uncovered Deck,Uncovered Patio,Varies by Unit
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 56
  • Covered Parking Spaces: 20
  • Parking Features: Carport,Open,Varies by Unit,1 Space Per Unit

Utilities

  • Security: Carbon Mon Detector,Secured Access,Smoke Detector,Unguarded Gate
  • Cooling: Ceiling Fan(s),Wall Unit(s)
  • Heating: Natural Gas,Wall Furnace

Condo/Co-op/Association

  • Association Features: Manager's Office,Patios/Balcony,Pool,Separate Laundry Facility
  • Association: No

Schools

  • Senior High School District: San Juan Unified

Lot Info

  • Zoning Description: RD30
  • Lot Size Acres: 1.8200
  • Lot Size Sq Ft: 79279

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas
  • Total # Leasable: 76

Multi Family

  • Operating Expense: 277037
  • Income Includes: Rent Only
  • Number of Leased Units: 12
  • Number of Month to Month Units: 57
  • Number of Units: 76
  • Number of Vacant Units: 7
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 278-0250-014-0000

MLS Schools

  • School District (County): Sacramento
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2016 12/07/16 Sold $5,300,000 -3.6% $4,046 / Sq Ft
09/19/2016 09/19/16 Pending -- -- --
08/23/2016 08/23/16 For Sale $5,500,000 -- $4,198 / Sq Ft
Source: MetroList

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 $74,805 $6,151,099 $1,682,847 $4,468,252
2024 $74,805 $6,030,490 $1,649,850 $4,380,640
2023 $72,918 $5,912,246 $1,617,500 $4,294,746
2022 $72,506 $5,796,321 $1,585,785 $4,210,536
2021 $71,298 $5,682,669 $1,554,692 $4,127,977
2020 $69,964 $5,624,401 $1,538,751 $4,085,650
2019 $68,558 $5,514,120 $1,508,580 $4,005,540
2018 $67,646 $5,406,000 $1,479,000 $3,927,000
2017 $67,085 $5,300,000 $1,450,000 $3,850,000
2016 $45,348 $3,725,344 $531,051 $3,194,293
2015 $44,580 $3,669,387 $523,075 $3,146,312
2014 $43,665 $3,597,510 $512,829 $3,084,681
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 16055661

MetroList
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