NOT LISTED FOR SALE

Estimated Value: $523,000 - $568,000

4 Beds
4 Baths
2,080 Sq Ft
$261/Sq Ft Est. Value

Last Sold August 06, 2021

Last sale price $485,000 $233 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,454/month

10 Days on Market

Highlights

  • Corner Lot
  • Landscaped
  • 2 Car Garage
  • No HOA
  • Central Heating and Cooling System
  • Carpet

About This Home

As of August 2021

Perfect investment for a 1031 Exchange. Drop your funds into this well established Tenant Occupied Duplex. Placed on a corner lot with two separate addresses. Saint Peter side has nice cabinets and granite countertops and shows well with its black appliances in the kitchen. Lino flooring in the kitchen and baths and carpet flooring in living and bed rooms. 112 Saint Marie unit has wood laminate flooring and a laminate countertop in the kitchen with white appliances. lino flooring in the baths and carpet in the living and bedroom spaces. Each unit is well taken care of and has its own private backyard and spacious 2 car garage. Lock in this well maintained investment with a big upside return. Long term tenants in place and want to stay.

Last Agent to Sell the Property

Shelli Beck

Windermere Signature Properties Downtown License #01890354 Listed on: 07/08/2021

Windermere Signature Properties Downtown

Last Buyer's Agent

Malik Ahmad

Windermere Signature Properties Downtown License #01502381

Windermere Signature Properties Downtown

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,922

Year Built

  • Built in 1991

Lot Details

  • 10,350 Sq Ft Lot
  • Lot Dimensions: 10
  • Landscaped
  • Corner Lot

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Concrete Foundation
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property

Flooring

  • Carpet
  • Linoleum
  • Laminate

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Property is located within a water district
  • Water Heater

Listing and Financial Details

  • Tenant pays for rent only, electricity, gas
  • Assessor Parcel Number 050-0510-051-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Parkway West Subdivision

Building Details

  • 2 Leased Units
  • 2 Units Leased Month-To-Month
  • Insurance Expense $1,000
  • Maintenance Expense $5,145

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,922

Year Built

Built in 1991

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Subtype Description: House(s)
  • Property Subtype 1: Duplex
  • Stories: 1
  • Year Built: 1991
  • Stories: 1
  • Subdivision: PARKWAY WEST
  • Number of Two Bedroom Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Laminate, Linoleum
  • Price Per Square Foot: 233.17

Exterior Features

  • Construction Materials: Frame, Wood
  • Foundation: Concrete, Slab
  • Listing Price: 475000.00
  • Lot Features: Corner, Court, Landscape Back, Landscape Front
  • Roof: Shingle, Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 4

Utilities

  • Security: Carbon Mon Detector, Double Strapped Water Heater, Smoke Detector
  • Sewer: In & Connected, Public Sewer
  • Utilities: All Electric, Natural Gas Connected
  • Cooling: Central
  • Heating: Central
  • Laundry Features: In Each Unit, Washer/Dryer Hookups
  • Water Source: Water District, Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Elk Grove Unified

Lot Info

  • Zoning Description: R-1
  • Irrigation: Public District, Irrigation Connected
  • Lot Size Acres: 0.2376
  • Lot Dimensions: 10,350sf
  • Lot Size Sq Ft: 10350

Rental Info

  • Tenant Pays: Rent Only, Electricity, Gas
  • Lease Term: Month To Month
  • Lease Deposit: 1000
  • Total # Leasable: 2

Multi Family

  • Gross Income: 25800
  • Income Includes: Rent Only
  • Insurance Expense: 1000
  • Maintenance Expense: 5145
  • Number of Leased Units: 2
  • Number of Month to Month Units: 2
  • Number of Units: 2

Tax Info

  • Assessor Parcel Number: 050-0510-051-0000
  • Bonds/Assessments/Taxes Description: Local Assessments
  • Bonds/Assessments/Taxes: Yes

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2021
Closed on
Aug 4, 2021
Sold by
Rogers David Wayne and Knight Jason Allen
Bought by
Trivedi Jayant C and Trivedi Bhamini J
Seller's Agent
Shelli Beck
Windermere Signature Properties Downtown
Buyer's Agent
Malik Ahmad
Windermere Signature Properties Downtown
List Price
$475,000
Sold Price
$485,000
Premium/Discount to List
$10,000
2.11%
Current Estimated Value
$543,346

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,346
Avg. Annual Appreciation
2.75%

Purchase Details

Listed on
Jul 8, 2021
Closed on
Jul 30, 2021
Sold by
Mae Knight Dorothy
Bought by
Dorothy Mae Knight Living Trust
Seller's Agent
Shelli Beck
Windermere Signature Properties Downtown
Buyer's Agent
Malik Ahmad
Windermere Signature Properties Downtown
List Price
$475,000
Sold Price
$485,000
Premium/Discount to List
$10,000
2.11%

Purchase Details

Closed on
Apr 13, 2010
Sold by
Deutsche Bank National Trust Company
Bought by
Knight Dorothy Mae and Dorothy Mae Knight Living Trus

Purchase Details

Closed on
Oct 8, 2009
Sold by
Forrester Jacqueline R and Forrester Glen D
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Aug 9, 2006
Sold by
Leu Merlin R and Leu Ann L
Bought by
Forrester Glen D and Forrester Jacqueline R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
1.4%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 17, 2006
Sold by
Leu Merlin R and Leu Ann L
Bought by
Leu Merlin R and Leu Ann L
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
Trivedi Jayant C $485,000 Placer Title Company
Dorothy Mae Knight Living Trust -- --
Knight Dorothy Mae $138,000 Lsi Title Company
Deutsche Bank National Trust Company $135,000 Accommodation
Forrester Glen D $415,000 Placer Title Company
Leu Merlin R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Forrester Glen D $300,000
Previous Owner Leu Merlin R $210,000
Previous Owner Leu Merlin R $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2021 08/06/21 Sold $485,000 +2.1% $233 / Sq Ft
07/18/2021 07/18/21 Pending -- -- --
07/08/2021 07/08/21 For Sale $475,000 -- $228 / 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 $5,922 $514,685 $106,120 $408,565
2024 $5,922 $504,594 $104,040 $400,554
2023 $5,765 $494,700 $102,000 $392,700
2022 $5,678 $485,000 $100,000 $385,000
2021 $2,301 $164,556 $48,888 $115,668
2020 $2,264 $162,869 $48,387 $114,482
2019 $2,226 $159,677 $47,439 $112,238
2018 $2,169 $156,547 $46,509 $110,038
2017 $2,129 $153,479 $45,598 $107,881
2016 $1,941 $150,470 $44,704 $105,766
2015 $1,900 $148,211 $44,033 $104,178
2014 $1,880 $145,309 $43,171 $102,138
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 221077771

MetroList

APN: 050-0510-051