NOT LISTED FOR SALE

Estimated Value: $526,458 - $552,000

4 Beds
2 Baths
1,978 Sq Ft
$274/Sq Ft Est. Value

Last Sold November 09, 2017

Last sale price $365,000 $185 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $3,372/month

24 Days on Market

Highlights

  • A-Frame Home
  • Enclosed Patio or Porch
  • Central Heating
  • No HOA
  • Double Pane Windows
  • Carpet

About This Home

As of November 2017

This wonderfully charming duplex located in the heart of Sacramento's Arden Arcade is truly an exciting investment opportunity! Talk about amazing location! Located 1/2 mi. away from the wonderful Howe Community Park, 1 mi. away from the recently re-developed Arden Fair Mall and less than 5 miles from Interstate 80, this property provides the ultimate in convenience. With amazing dining options and entertainment less than 5 minutes away, you will be sure to see the value provided to its tenants.

Last Agent to Sell the Property

Jason Spaits

eXp Realty of California Inc. License #02033107 Listed on: 08/25/2017

eXp Realty of California Inc.

Last Buyer's Agent

Rose Marie Zwieg

Gateway Sotheby's Int. Realty License #01254626

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,048

Year Built

  • Built in 1976

Lot Details

  • 0.25

Parking

  • 6 Open Parking Spaces
  • 2 Car Garage

Home Design

  • Duplex
  • A-Frame Home
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Double Pane Windows
  • Carpet

Utilities

  • Central Heating
  • Cable TV Available

Additional Features

  • Enclosed Patio or Porch
  • 0.25 Acre Lot

Listing and Financial Details

  • Tenant pays for cable tv electricity gas maintenance sewer trash collection water
  • Assessor Parcel Number 278-0201-019-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,048

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1976
  • Architectural Style: A-Frame
  • Stories: 1
  • Number of Two Bedroom Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2014

Interior Features

  • Appliances: Built-In Gas Oven,Disposal,Free Standing Electric Range,Gas Cook Top,Self/Cont Clean Oven
  • Flooring: Carpet
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Wood
  • Disclosures/Documents: Rental/Lease Agmts,None
  • Listing Price: 389000.00
  • Patio And Porch Features: Enclosed Patio
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 6
  • Garage Spaces: 2
  • Parking Features: Garage,1+ Space Per Unit

Utilities

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

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: RD20
  • Lot Size Acres: 0.2500
  • Lot Size Sq Ft: 10890

Rental Info

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

Multi Family

  • Gross Income: 1900
  • Income Includes: Rent Only
  • Number of Leased Units: 2
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 278-0201-019-0000

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2017
Closed on
Dec 12, 2017
Sold by
Dillon Marilynn A
Bought by
Dillon Marilynn A and The Jeffrey T Dillon And Maril
Seller's Agent
Jason Spaits
eXp Realty of California Inc.
Buyer's Agent
Rose Marie Zwieg
Gateway Sotheby's Int. Realty
List Price
$390,000
Sold Price
$365,000
Premium/Discount to List
-$25,000
-6.41%
Current Estimated Value
$542,615

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,615
Avg. Annual Appreciation
5.10%
Original Mortgage
$273,750
Outstanding Balance
$230,360
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$308,372

Purchase Details

Listed on
Aug 25, 2017
Closed on
Nov 2, 2017
Sold by
Laskey David M and Laskey Jacquline T
Bought by
Dillon Marilynn A
Seller's Agent
Jason Spaits
eXp Realty of California Inc.
Buyer's Agent
Rose Marie Zwieg
Gateway Sotheby's Int. Realty
List Price
$390,000
Sold Price
$365,000
Premium/Discount to List
-$25,000
-6.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,750
Outstanding Balance
$230,360
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$308,372

Purchase Details

Listed on
Aug 25, 2017
Closed on
Sep 25, 2017
Sold by
Dillon Jeffrey T
Bought by
Dillon Marilynn A
Seller's Agent
Jason Spaits
eXp Realty of California Inc.
Buyer's Agent
Rose Marie Zwieg
Gateway Sotheby's Int. Realty
List Price
$390,000
Sold Price
$365,000
Premium/Discount to List
-$25,000
-6.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,750
Outstanding Balance
$230,360
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$308,372

Purchase Details

Closed on
Jun 13, 2003
Sold by
Irimescu Raimond and Irimescu Justina
Bought by
Laskey David M and Laskey Jacquline T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Interest Rate
5.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 16, 2000
Sold by
Bodhiprasart Takerng and Bodhiprasart Robin Roi
Bought by
Irimescu Raimond and Irimescu Justina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
8.18%
Source: Public Records

Range of Values:

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Average Value
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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
Dillon Marilynn A -- None Available
Dillon Marilynn A $365,000 Old Republic Title Company
Dillon Marilynn A -- Old Republic Title Company
Laskey David M $340,000 --
Irimescu Raimond $155,000 Placer Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dillon Marilynn A $273,750
Previous Owner Laskey David M $238,000
Previous Owner Irimescu Raimond $136,500
Previous Owner Irimescu Raimond $124,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2017 11/09/17 Sold $365,000 -6.4% $185 / Sq Ft
09/18/2017 09/18/17 Pending -- -- --
08/25/2017 08/25/17 For Sale $390,000 -- $197 / 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 $5,048 $415,303 $96,714 $318,589
2024 $5,048 $407,161 $94,818 $312,343
2023 $4,921 $399,178 $92,959 $306,219
2022 $4,894 $391,352 $91,137 $300,215
2021 $4,813 $383,679 $89,350 $294,329
2020 $4,723 $379,746 $88,434 $291,312
2019 $4,628 $372,300 $86,700 $285,600
2018 $4,571 $365,000 $85,000 $280,000
2017 $5,247 $416,509 $116,374 $300,135
2016 $4,907 $408,343 $114,093 $294,250
2015 $4,824 $402,211 $112,380 $289,831
2014 $4,724 $394,333 $110,179 $284,154
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 17055279

MetroList

APN: 278-0201-019