NOT LISTED FOR SALE

Estimated Value: $776,000 - $1,114,000

2 Beds
4 Baths
2,983 Sq Ft
$319/Sq Ft Est. Value

Last Sold October 22, 2019

Last sale price $2,045,630 $686 Per Sq Ft

Current estimated payment $6,007/month

6 Days on Market

Highlights

  • 0.28 Acre Lot
  • 4-minute walk to 13Th Street
  • No HOA
  • William Land Elementary School Rated A-
  • Victorian Architecture
  • Laundry Facilities

About This Home

As of October 2019

Amazing Opportunity for Investor. Project includes 4 continuous parcels on the corner of 11th & S Street. 1 block from the R Street Ice Block. Units have been owned by the same family for 40 years. Tremendous opportunity for upside. Project includes one four-plex, 2 duplexes and a parcel with 2 garages currently. In addition to four-plex units listed above, Duplexes have the following data: Unit 5 1086 sq feet 2 bdrm/2.5 bath rented for $1020/mo Unit 6 1050 Sq ft 2 bdrm/2.5 ba rented for $950/mo both with central heat and air. Unit 7 1010 sq feet 2 bdrm/2 ba Unit 8 1133 Sq ft 2 bdrm/1.5 ba rented for $1000/mo. Seller is selling in as-is condition.

Last Agent to Sell the Property

Kendra Bishop

Coldwell Banker Realty License #01362018 Listed on: 07/02/2019

Coldwell Banker Realty

Co-Listed By

Leeta Hightower

Coldwell Banker Realty License #02015544

Coldwell Banker Realty

Last Buyer's Agent

Leeta Hightower

Coldwell Banker Realty License #02015544

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,842

Year Built

  • Built in 1900

Lot Details

  • 0.28

Parking

  • On-Street Parking

Home Design

  • Victorian Architecture
  • Split Level Home
  • Composition Roof

Additional Features

  • 2-Story Property
  • 0.28 Acre Lot

Listing and Financial Details

  • Security Deposit $5,600
  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 009-0076-004-0000

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 8 Units

Amenities

  • Laundry Facilities

Building Details

  • 6 Leased Units
  • 2 Vacant Units
  • 6 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,842

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: 5 or More Units
  • Year Built: 1900
  • Architectural Style: Victorian
  • Levels: MultiSplit
  • Stories: 2
  • Number of One Bedroom Units: 2
  • Number of Two Bedroom Units: 4
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Varies By Unit
  • Other Equipment: Varies by Unit
  • Flooring: Varies by Unit

Exterior Features

  • Construction Materials: Wood
  • Disclosures/Documents: Rental/Lease Agmts,None
  • Listing Price: 2083000.00
  • Patio And Porch Features: Varies by Unit
  • Roof: Composition

Garage/Parking

  • Parking Features: Street

Utilities

  • Security: Varies By Unit
  • Sewer: Public Sewer
  • Cooling: Varies by Unit
  • Heating: Varies by Unit
  • Laundry Features: Washer/Dryer Owned
  • Water Source: Public

Condo/Co-op/Association

  • Association Features: Extra Storage,Patios/Balcony,Public Trans Nearby,Varies By Unit
  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: R-3A
  • Lot Size Acres: 0.2800
  • Lot Size Sq Ft: 12197

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas
  • Total Deposit: 5600
  • Total # Leasable: 8

Multi Family

  • Gross Income: 84060
  • Income Includes: Storage
  • Number of Leased Units: 6
  • Number of Month to Month Units: 6
  • Number of Units: 8
  • Number of Vacant Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 009-0076-004-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2019
Closed on
Oct 19, 2019
Sold by
Gee Irene O and Gee Revocable Living Trust
Bought by
Emerald Partners Llc
Seller's Agent
Kendra Bishop
Coldwell Banker Realty
Buyer's Agent
Leeta Hightower
Coldwell Banker Realty
List Price
$2,083,000
Sold Price
$2,045,630
Premium/Discount to List
-$37,370
-1.79%
Current Estimated Value
$952,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,093,630
Avg. Annual Appreciation
-12.53%
Original Mortgage
$1,661,196
Outstanding Balance
$1,458,774
Interest Rate
3.4%
Mortgage Type
Commercial
Estimated Equity
-$523,774

Purchase Details

Closed on
Jul 28, 2005
Sold by
Gee Eddie N and Gee Irene O
Bought by
Gee Eddie N and Gee Irene O
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
Emerald Partners Llc $2,046,000 Fidelity National Title Co
Gee Eddie N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Emerald Partners Llc $1,661,196
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2019 10/22/19 Sold $2,045,630 -1.8% $686 / Sq Ft
07/08/2019 07/08/19 Pending -- -- --
07/02/2019 07/02/19 For Sale $2,083,000 -- $698 / 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 $9,842 $792,341 $199,587 $592,754
2024 $9,842 $776,806 $195,674 $581,132
2023 $9,613 $761,576 $191,838 $569,738
2022 $9,450 $746,644 $188,077 $558,567
2021 $9,015 $732,005 $184,390 $547,615
2020 $9,078 $724,500 $182,500 $542,000
2019 $2,384 $138,309 $29,838 $108,471
2018 $2,326 $135,598 $29,253 $106,345
2017 $2,295 $132,940 $28,680 $104,260
2016 $2,005 $130,334 $28,118 $102,216
2015 $1,974 $128,377 $27,696 $100,681
2014 $1,932 $125,863 $27,154 $98,709
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 19046786

MetroList

APN: 009-0076-004