NOT LISTED FOR SALE

186 Globe Ave Sacramento, CA 95815

Woodlake Neighborhood

Estimated Value: $464,000 - $557,000

4 Beds
2 Baths
1,864 Sq Ft
$275/Sq Ft Est. Value

Last Sold November 27, 2019

Last sale price $386,000 $207 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $3,090/month

74 Days on Market

Highlights

  • Traditional Architecture
  • Laundry Facilities
  • 1-Story Property
  • No HOA

About This Home

As of November 2019

BACK ON MARKET! Buyer drew things out & then failed to perform. Their loss-Your gain! Price has now been reduced to get this sold before year end. Rare DUPLEX available in desirable Woodlake Community. New Roof (w/signed completion permit). Freshly painted exterior. 1 Unit was entirely rehabbed this year. Extremely reliable tenants at market rent. This is a great cash-flow property, not far from Sacramento's downtown area. Nicely located in a residential neighborhood that shows pride of ownership. Call for specific details. Go ahead & drive by but Please do not disturb tenants. This one is an awesome opportunity!

Last Agent to Sell the Property

Dareld Phillips

eXp Realty of California Inc. License #01731264 Listed on: 08/09/2019

eXp Realty of California Inc.

Last Buyer's Agent

Joel Wright

Keller Williams Realty License #01295558

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,190

Year Built

  • Built in 1959

Lot Details

  • 6,970 Sq Ft Lot

Parking

  • 4 Open Parking Spaces
  • 2 Car Garage

Home Design

  • Duplex
  • Traditional Architecture
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Window Treatments

Utilities

  • Wall Furnace
  • 220 Volts

Listing and Financial Details

  • Security Deposit $2,100
  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 275-0223-013-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 1 Leased Unit
  • 1 Unit Leased Month-To-Month
  • Insurance Expense $840
  • Net Operating Income $3,017,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,190

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1959
  • Architectural Style: Traditional
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Gas Range,Dishwasher,Electric Water Heater,Free Standing Refrigerator
  • Flooring: Carpet,Laminate,Linoleum/Vinyl
  • Window Features: Window Coverings

Exterior Features

  • Construction Materials: Brick Veneer,Stucco,Wood
  • Disclosures/Documents: CC&Rs,Natural Hazard Disclosure Available,Rental/Lease Agmts,Transfer Disclosure Statement
  • Foundation: Raised
  • Listing Price: 399900.00
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 4
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Garage,Street

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Cable Available,Internet Available
  • Cooling: Ceiling Fan(s),Window Unit(s)
  • Electric: 220 Volts
  • Heating: Wall Furnace
  • Laundry Features: Washer/Dryer Owned
  • Water Source: Public

Condo/Co-op/Association

  • Association Features: Extra Storage,Laundry Hook-Up in Units,Yard Space
  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: Res
  • Lot Size Acres: 0.1600
  • Lot Size Sq Ft: 6970

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas
  • Total Deposit: 2100
  • Total # Leasable: 2

Multi Family

  • Income Includes: Rent Only
  • Insurance Expense: 840
  • Number of Leased Units: 1
  • Number of Month to Month Units: 1
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 275-0223-013-0000
  • Current RE Taxes: 3190
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2019
Closed on
Nov 19, 2019
Sold by
186 188 Globe Ave Llc
Bought by
Kahan Jason
Seller's Agent
Dareld Phillips
eXp Realty of California Inc.
Buyer's Agent
Joel Wright
Keller Williams Realty
List Price
$399,900
Sold Price
$386,000
Premium/Discount to List
-$13,900
-3.48%
Current Estimated Value
$513,016

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,016
Avg. Annual Appreciation
4.67%
Original Mortgage
$379,008
Outstanding Balance
$332,761
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$180,255

Purchase Details

Closed on
Mar 29, 2017
Sold by
Ornelas Daniel S
Bought by
186 188 Globe Ave Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,950
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 22, 2016
Closed on
Jul 1, 2016
Sold by
Ornelas Daniel S and Ornelas Erica L
Bought by
186-188 Globe Ave Llc
Seller's Agent
Robert Dillon
HomeSmart ICARE Realty
Buyer's Agent
David Medeiros
Keller Williams Realty-Silicon
List Price
$279,000
Sold Price
$240,000
Premium/Discount to List
-$39,000
-13.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.15%
Original Mortgage
$180,000
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 22, 2016
Closed on
May 26, 2016
Sold by
Redwood Street Properties Llc
Bought by
Ornelas Daniel S and Ornelas Erica L
Seller's Agent
Robert Dillon
HomeSmart ICARE Realty
Buyer's Agent
David Medeiros
Keller Williams Realty-Silicon
List Price
$279,000
Sold Price
$240,000
Premium/Discount to List
-$39,000
-13.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2013
Sold by
Long Andrew
Bought by
Redwood Street Properties Llc

Purchase Details

Closed on
Jul 3, 2012
Sold by
Kong Shawnae K
Bought by
Long Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
3.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 14, 2005
Sold by
Petrosyan Karen
Bought by
Padilla Margarito and Padilla Angela G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 3, 2003
Sold by
Virgadamo Anthony and Virgadamo Athanasia
Bought by
Petrosyan Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
7.75%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kahan Jason $386,000 Fidelity National Title Co
186 188 Globe Ave Llc -- First American Title Company
Ornelas Daniel S -- First American Title Company
186-188 Globe Ave Llc -- None Available
186-188 Globe Ave Llc -- None Available
Ornelas Daniel S $240,000 Orange Coast Title Co Norcal
Redwood Street Properties Llc -- None Available
Long Andrew -- Placer Title Company
Long Andrew $80,000 Placer Title Company
Padilla Margarito $385,000 Commonwealth
Petrosyan Karen $150,000 Alliance Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kahan Jason $379,008
Previous Owner Ornelas Daniel S $208,950
Previous Owner Ornelas Daniel S $180,000
Previous Owner Long Andrew $80,000
Previous Owner Padilla Margarito $308,000
Previous Owner Petrosyan Karen $112,500
Closed Padilla Margarito $77,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/27/2019 11/27/19 Sold $386,000 -3.5% $207 / Sq Ft
10/22/2019 10/22/19 Pending -- -- --
10/16/2019 10/16/19 Price Changed $399,900 0.0% $215 / Sq Ft
10/16/2019 10/16/19 For Sale $399,900 -5.9% $215 / Sq Ft
09/03/2019 09/03/19 Pending -- -- --
08/23/2019 08/23/19 For Sale $425,000 +10.1% $228 / Sq Ft
08/20/2019 08/20/19 Off Market $386,000 -- --
08/12/2019 08/12/19 Pending -- -- --
08/09/2019 08/09/19 For Sale $399,900 +66.6% $215 / Sq Ft
06/09/2016 06/09/16 Sold $240,000 -14.0% -- View Prior Sale
05/10/2016 05/10/16 Pending -- -- --
03/22/2016 03/22/16 For Sale $279,000 -- --
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 $5,109 $422,143 $103,895 $318,248
2024 $5,109 $413,866 $101,858 $312,008
2023 $5,132 $405,752 $99,861 $305,891
2022 $4,845 $397,797 $97,903 $299,894
2021 $4,823 $389,998 $95,984 $294,014
2020 $4,775 $386,000 $95,000 $291,000
2019 $3,361 $254,688 $78,528 $176,160
2018 $3,190 $249,695 $76,989 $172,706
2017 $3,275 $244,800 $75,480 $169,320
2016 $1,287 $83,215 $26,004 $57,211
2015 $4,301 $81,966 $25,614 $56,352
2014 $2,904 $80,362 $25,113 $55,249
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2019

    Dareld Phillips

    eXp Realty of California Inc.

    Section Image
  • Joel Wright

    Buyer's Agent in 2019

    Joel Wright

    Keller Williams Realty

    (916) 747-5635

    34 Total Sales

    Joel Wright
    Section Image
  • Mike Gobbi

    Buyer Co-Listing Agent in 2019

    Mike Gobbi

    Keller Williams Realty

    (916) 601-6224

    23 Total Sales

    Mike Gobbi
    Section Image
  • Robert Dillon

    Seller's Agent in 2016

    Robert Dillon

    HomeSmart ICARE Realty

    (916) 716-9480

    5 Total Sales

    Robert Dillon
    Section Image

  • D

    Buyer's Agent in 2016

    David Medeiros

    Keller Williams Realty-Silicon

See All Agents

Map

Source: MetroList

MLS Number: 19056710

MetroList

APN: 275-0223-013

California Sacramento County Sacramento 95815 Woodlake

186 Globe Ave, Sacramento, CA

Not Listed for Sale

MultiFamily

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