NOT LISTED FOR SALE

Estimated Value: $765,000 - $911,819

4 Beds
2 Baths
2,692 Sq Ft
$300/Sq Ft Est. Value

Last Sold April 15, 2022

Last sale price $710,000 $264 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $5,342/month

28 Days on Market

Highlights

  • Deck
  • 5-minute walk to 23Rd Street
  • Spanish Architecture
  • William Land Elementary School Rated A-
  • Wood Flooring
  • No HOA

About This Home

As of April 2022

Outstanding Opportunity on this 2 story Spanish style duplex located in desirable Poverty Ridge! The building shares a main, formal entrance. Each unit offers 2 bedrooms, 1 bath, spacious living room with fireplace, large formal dining, kitchen with breakfast nook or large pantry room plus indoor laundry room. Patio & deck located in the back along with access to half basement. Extra long driveway for off-street parking. Detached garage is currently used for storage.

Last Agent to Sell the Property

Daniel Wakabayashi

Windermere Signature Properties Downtown License #00782678 Listed on: 09/23/2021

Windermere Signature Properties Downtown

Co-Listed By

Terri Wakabayashi

Windermere Signature Properties Downtown License #00846358

Last Buyer's Agent

Bruce Reddick

GUIDE Real Estate License #01814263

GUIDE Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927

Lot Details

  • 4,356 Sq Ft Lot
  • Landscaped

Home Design

  • Duplex
  • Spanish Architecture
  • Fixer Upper
  • Raised Foundation
  • Tile Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 2-Story Property
  • Formal Entry
  • Partial Basement
  • Fire and Smoke Detector
  • Laundry in unit

Kitchen

  • Free-Standing Gas Range
  • Dishwasher

Flooring

  • Wood
  • Tile
  • Vinyl

Parking

  • 3 Parking Spaces
  • On-Street Parking
  • Open Parking

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Natural Gas Connected
  • Private Water Source

Listing and Financial Details

  • Assessor Parcel Number 010-0103-009-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Poverty Ridge Subdivision

Building Details

  • 1 Vacant Unit
  • Maintenance Expense $7,000
  • Professional Management Expense $6,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: House(s)
  • Property Subtype 1: Duplex
  • Stories: 2
  • Year Built: 1927
  • Architectural Style: Spanish
  • Stories: 2
  • Subdivision: POVERTY RIDGE
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Range, Dishwasher
  • Interior Amenities: Formal Entry
  • Flooring: Tile, Vinyl, Wood
  • Basement: Partial
  • Price Per Square Foot: 263.74

Exterior Features

  • Construction Materials: Stucco
  • Foundation: Raised
  • Listing Price: 739900.00
  • Lot Features: Curbs/Gutters, Sidewalk, Landscape Front
  • Patio And Porch Features: Balcony/Deck, Uncovered Deck
  • Property Condition: Fixer, Varies by Unit
  • Roof: Composition, Tile

Garage/Parking

  • Parking Features: Open, Street
  • Total Parking Spaces: 3.00
  • Tandem Parking Spaces: 3

Utilities

  • Security: Smoke Detector
  • Sewer: In & Connected
  • Utilities: Natural Gas Connected
  • Cooling: Other
  • Heating: Other
  • Laundry Features: In Each Unit
  • Water Source: Private

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: R-1B
  • Irrigation: None
  • Lot Size Acres: 0.1000
  • Lot Size Sq Ft: 4356.00

Rental Info

  • Owner Occupied Units: 1
  • Total # Leasable: 2

Multi Family

  • Gross Income: 44832
  • Income Includes: Other
  • Maintenance Expense: 7000
  • Number of Units: 2
  • Number of Vacant Units: 1

Tax Info

  • Assessor Parcel Number: 010-0103-009-0000
  • Current RE Taxes: 48000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2021
Closed on
Apr 12, 2022
Sold by
Jean Devejian Muriel
Bought by
Adams Brandon and Simpson Janette
Seller's Agent
Daniel Wakabayashi
Windermere Signature Properties Downtown
Buyer's Agent
Bruce Reddick
GUIDE Real Estate
List Price
$739,900
Sold Price
$710,000
Premium/Discount to List
-$29,900
-4.04%
Total Days on Market
28
Current Estimated Value
$808,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,205
Avg. Annual Appreciation
5.00%
Original Mortgage
$738,206
Outstanding Balance
$706,426
Interest Rate
4.72%
Mortgage Type
New Conventional
Estimated Equity
$120,684

Purchase Details

Closed on
May 1, 2003
Sold by
Reiter Paul Joseph
Bought by
Lemonds Delores

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
5.77%
Mortgage Type
Seller Take Back
Source: Public Records

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Range of Values:

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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
Adams Brandon $710,000 Placer Title
Lemonds Delores $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adams Brandon $738,206
Previous Owner Lemonds Delores $468,000
Previous Owner Lemonds Delores $310,000
Previous Owner Lemonds Delores $214,500
Previous Owner Lemonds Delores $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2022 04/15/22 Sold $710,000 -4.0% $264 / Sq Ft
10/21/2021 10/21/21 Pending -- -- --
09/23/2021 09/23/21 For Sale $739,900 -- $275 / 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
2024 $12,635 $738,682 $271,096 $467,586
2023 $8,649 $724,199 $265,781 $458,418
2022 $9,137 $765,000 $280,500 $484,500
2021 $4,075 $342,557 $91,522 $251,035
2020 $4,105 $339,045 $90,584 $248,461
2019 $4,017 $332,398 $88,808 $243,590
2018 $3,912 $325,881 $87,067 $238,814
2017 $3,858 $319,492 $85,360 $234,132
2016 $3,708 $313,229 $83,687 $229,542
2015 $3,579 $301,999 $80,951 $221,048
2014 $3,483 $296,084 $79,366 $216,718
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 221122176

MetroList

APN: 010-0103-009