NOT LISTED FOR SALE

Estimated Value: $527,000 - $600,000

4 Beds
2 Baths
1,828 Sq Ft
$301/Sq Ft Est. Value

Last Sold July 25, 2022

Last sale price $505,000 $276 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,492/month

4 Days on Market

Highlights

  • Wood Flooring
  • Private Yard
  • Central Heating and Cooling System
  • Corner Lot
  • No HOA
  • Ceiling Fan

About This Home

As of July 2022

Desirable corner duplex in the Colonial Heights area close to UCD and local shops. The 69th side has been completely renovated with laminate flooring, granite counters/bath surround. The Malone side has the original hardwood floors and spacious rooms. Roof was replaced 3 years ago with permits.

Last Agent to Sell the Property

David Merwin

David Merwin License #01934088 Listed on: 06/17/2022

Last Buyer's Agent

Boon Chatlaong

Gold Associates License #00995085

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,171

Year Built

  • Built in 1962

Lot Details

  • 6,970 Sq Ft Lot
  • Corner Lot
  • Private Yard

Home Design

  • Duplex
  • Concrete Foundation
  • Composition Roof
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Free-Standing Electric Range
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 1 Car Garage
  • Garage Door Opener
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Playground

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • 220 Volts
  • Natural Gas Connected
  • Property is located within a water district
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, grounds care
  • Assessor Parcel Number 021-0335-022-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,171

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: House(s)
  • Property Subtype 1: Duplex
  • Stories: 1
  • Year Built: 1962
  • Architectural Style: Ranch
  • Levels: One
  • Stories: 1
  • Number of Two Bedroom Units: 2
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Disposal, Free Standing Electric Range
  • Flooring: Carpet, Laminate, Vinyl, Wood
  • Price Per Square Foot: 276.26
  • Window Features: Varies by Unit

Exterior Features

  • Construction Materials: Shingle Siding, Stucco
  • Exterior Features: Yard Space, Play Area
  • Foundation: Concrete
  • Listing Price: 509000.00
  • Lot Features: Corner
  • Property Condition: Varies by Unit
  • Roof: Composition

Garage/Parking

  • Parking Features: Off Street, Street, Garage, Garage Door Opener
  • Total Parking Spaces: 1.00

Utilities

  • Security: Carbon Mon Detector, Smoke Detector
  • Sewer: In & Connected
  • Utilities: Cable Available, Natural Gas Connected, Electric
  • Cooling: Ceiling Fan(s), Central
  • Electric: 220 Volts
  • Heating: Central, Natural Gas
  • Laundry Features: In Each Unit, Washer/Dryer Hookups
  • Water Source: Water District

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: R-1
  • Irrigation: Public District
  • Lot Size Acres: 0.1600
  • Lot Size Sq Ft: 6970.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Grounds Care
  • Lease Term: Month To Month
  • Total # Leasable: 2

Multi Family

  • Gross Income: 30000
  • Income Includes: Parking
  • Number of Leased Units: 2
  • Number of Month to Month Units: 2
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 021-0335-022-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2022
Closed on
Jul 6, 2022
Sold by
Merwin David K and Revoc Cheryl
Bought by
Gatmen Jean Paulette Ala and Gatmen Joseph Jeremy
Seller's Agent
David Merwin
David Merwin
Buyer's Agent
Boon Chatlaong
Gold Associates
List Price
$509,000
Sold Price
$505,000
Premium/Discount to List
-$4,000
-0.79%
Current Estimated Value
$550,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,839
Avg. Annual Appreciation
2.20%
Original Mortgage
$378,750
Outstanding Balance
$361,793
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$178,770

Purchase Details

Closed on
Sep 16, 2015
Sold by
Merwin Dave and Merwin Cheryl
Bought by
Merwin David K and Merwin Cheryl A

Purchase Details

Listed on
Mar 3, 2014
Closed on
Apr 7, 2014
Sold by
Prasad Mahendra and Prasad Irene
Bought by
Merwin Dave and Merwin Cheryl
Seller's Agent
Dan Parisi
Fathom Realty Group, Inc.
Buyer's Agent
Dan Parisi
Fathom Realty Group, Inc.
List Price
$215,000
Sold Price
$221,000
Premium/Discount to List
$6,000
2.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.14%
Original Mortgage
$145,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2002
Sold by
Evans Charles H and Evans Ida Mae
Bought by
Prasad Mahendra and Prasad Irene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,500
Interest Rate
5.52%

Purchase Details

Closed on
Jan 20, 1994
Sold by
Kanelos Gary A
Bought by
Evans Charles H and Evans Ida Mae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,600
Interest Rate
4.1%
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
Gatmen Jean Paulette Ala $505,000 Fidelity National Title
Merwin David K -- None Available
Merwin Dave $221,000 North American Title Co Inc
Prasad Mahendra $215,000 Alliance Title Company
Evans Charles H -- Alliance Title Company
Evans Charles H $124,500 Founders Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gatmen Jean Paulette Ala $378,750
Previous Owner Merwin Dave $145,000
Previous Owner Prasad Mahendra $276,250
Previous Owner Prasad Mahendra $217,000
Previous Owner Evans Charles H $150,500
Previous Owner Evans Charles H $99,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2022 07/25/22 Sold $505,000 -0.8% $276 / Sq Ft
06/21/2022 06/21/22 Pending -- -- --
06/17/2022 06/17/22 For Sale $509,000 +130.3% $278 / Sq Ft
04/11/2014 04/11/14 Sold $221,000 +2.8% $123 / Sq Ft
03/10/2014 03/10/14 Pending -- -- --
03/02/2014 03/02/14 For Sale $215,000 -- $119 / 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 $6,171 $525,401 $157,620 $367,781
2024 $6,171 $515,100 $154,530 $360,570
2023 $6,025 $505,000 $151,500 $353,500
2022 $3,165 $255,280 $63,529 $191,751
2021 $3,017 $250,276 $62,284 $187,992
2020 $3,039 $247,711 $61,646 $186,065
2019 $2,939 $242,855 $60,438 $182,417
2018 $2,877 $238,094 $59,253 $178,841
2017 $2,837 $233,427 $58,092 $175,335
2016 $2,779 $228,851 $56,953 $171,898
2015 $2,736 $225,414 $56,098 $169,316
2014 $2,665 $243,451 $56,613 $186,838
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 222078641

MetroList

APN: 021-0335-022