NOT LISTED FOR SALE

Estimated Value: $788,000 - $1,189,000

7 Beds
4 Baths
2,312 Sq Ft
$412/Sq Ft Est. Value

Last Sold January 21, 2021

Last sale price $900,000 $389 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $5,851/month

4 Days on Market

Highlights

  • Victorian Architecture
  • No HOA
  • Patio

About This Home

As of January 2021

Opportunity is knocking! Why wait? When you can become a landlord today in Sacramento's highly sought after Midtown neighborhood. This four-plex consists of four 1 bedroom 1 bathroom units. One unit is currently vacant, allowing the new owner to choose their own tenant at market rent (+/-$1,700)! Each individual unit has their very own laundry-room, wall heating/AC, energy efficient ceiling fans and convenient access to the large private and spacious backyard. There is plenty of parking space on the street. Wonderful location just minutes away from tons of stores, several local eateries, hospitals, parks and schools. Not to mention easy freeway access to I-50, HWY 99, I-80 and I-5!

Last Agent to Sell the Property

Ben Marmol

Intero Real Estate Services License #02019279 Listed on: 12/14/2020

Intero Real Estate Services

Co-Listed By

Alexis Thomas

GUIDE Real Estate License #02102504

Last Buyer's Agent

Brandon Lower

LPT Realty, Inc License #02033008

LPT Realty, Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1928

Lot Details

  • 3,049

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Victorian Architecture
  • Composition Roof

Additional Features

  • 2-Story Property
  • Patio
  • 3,049 Sq Ft Lot
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 010-0115-023-0000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 3 Leased Units
  • 1 Vacant Unit
  • Insurance Expense $1,356

Property Details

Home Type

Multi-Family

Year Built

Built in 1928

Lot Details

3,049 Sq Ft Lot

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1928
  • Architectural Style: Victorian
  • Stories: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Gas Cook Top,Varies By Unit
  • Other Equipment: Varies by Unit
  • Flooring: Wood,Varies by Unit,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Brick,Frame,Stucco,Wood
  • Disclosures/Documents: Natural Hazard Disclosure Available,Rental/Lease Agmts,Roof Inspection,Seller Property Questionnaire,Transfer Disclosure Statement
  • Listing Price: 925000.00
  • Patio And Porch Features: Uncovered Patio
  • Roof: Composition

Garage/Parking

  • Parking Features: Street

Utilities

  • Security: Carbon Mon Detector,Smoke Detector,Varies By Unit
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Cooling: Ceiling Fan(s),Window Unit(s),Varies by Unit
  • Heating: Wall Furnace,Varies by Unit
  • Water Source: Public

Condo/Co-op/Association

  • Association Features: Laundry Hook-Up in Units,Varies By Unit
  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: R-3A-SPD
  • Lot Size Acres: 0.0700
  • Lot Size Sq Ft: 3049

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas
  • Total # Leasable: 1

Multi Family

  • Income Includes: Rent Only
  • Insurance Expense: 1356
  • Number of Leased Units: 3
  • Number of Units: 4
  • Number of Vacant Units: 1
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 010-0115-023-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2020
Closed on
Jan 19, 2021
Sold by
Harold William and Harold Luanne
Bought by
Eap Navery and Hararah Tarek
Seller's Agent
Ben Marmol
Intero Real Estate Services
Buyer's Agent
Brandon Lower
LPT Realty, Inc
List Price
$925,000
Sold Price
$900,000
Premium/Discount to List
-$25,000
-2.7%
Current Estimated Value
$952,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,378
Avg. Annual Appreciation
1.11%
Original Mortgage
$675,000
Outstanding Balance
$602,440
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$349,938

Purchase Details

Listed on
Feb 9, 2016
Closed on
Mar 25, 2016
Sold by
Benard Merddyn and The Mark & Merddyn Benard Fami
Bought by
Harold William and Harold Luanne
Seller's Agent
Brian McMartin
McMartin Realty
Buyer's Agent
Rick Boyer
Realty ONE Group Complete
List Price
$650,000
Sold Price
$645,000
Premium/Discount to List
-$5,000
-0.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.16%
Original Mortgage
$483,750
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2011
Sold by
Benard Merddyn and Benard Mark
Bought by
Benard Mark and Benard Merddyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,900
Interest Rate
4.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2002
Sold by
Stallwick Llc
Bought by
Benard Mark and Benard Merddyn

Purchase Details

Closed on
Mar 11, 2002
Sold by
Benard Mark and Benard Merddyn
Bought by
Stallwick Llc

Purchase Details

Closed on
Jan 23, 1998
Sold by
Brennan Harold J and Brennan Carol F
Bought by
Benard Mark and Benard Merddyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
7.05%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Eap Navery $900,000 First American Title Company
Harold William $645,000 Fidelity National Title Co
Benard Mark -- Fidelity Natl Title Co Of Ca
Benard Merddyn -- Fidelity Natl Title Co Of Ca
Benard Mark -- --
Stallwick Llc -- --
Benard Mark $95,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eap Navery $675,000
Previous Owner Harold William $483,750
Previous Owner Benard Merddyn $269,900
Previous Owner Benard Mark $76,000
Closed Benard Mark $9,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/21/2021 01/21/21 Sold $900,000 -2.7% $389 / Sq Ft
12/18/2020 12/18/20 Pending -- -- --
12/14/2020 12/14/20 For Sale $925,000 +43.4% $400 / Sq Ft
03/30/2016 03/30/16 Sold $645,000 -0.8% $280 / Sq Ft View Prior Sale
02/27/2016 02/27/16 Pending -- -- --
02/09/2016 02/09/16 For Sale $650,000 -- $283 / Sq Ft
Source: MetroList

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 $11,520 $974,186 $351,789 $622,397
2024 $11,520 $955,086 $344,892 $610,194
2023 $11,249 $936,360 $338,130 $598,230
2022 $11,059 $918,000 $331,500 $586,500
2021 $8,363 $705,397 $296,375 $409,022
2020 $8,429 $698,165 $293,337 $404,828
2019 $8,251 $684,477 $287,586 $396,891
2018 $8,037 $671,057 $281,948 $389,109
2017 $7,926 $657,900 $276,420 $381,480
2016 $1,816 $128,123 $53,944 $74,179
2015 $1,788 $126,199 $53,134 $73,065
2014 $1,749 $123,728 $52,094 $71,634
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 20073204

MetroList

APN: 010-0115-023

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