NOT LISTED FOR SALE

Estimated Value: $523,000 - $628,000

5 Beds
3 Baths
2,300 Sq Ft
$241/Sq Ft Est. Value

Last Sold April 15, 2024

Last sale price $530,000 $230 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,250/month

Highlights

  • No HOA
  • 5-minute walk to 29Th Street
  • Central Air
  • Miwok Middle School Rated A-
  • Security Gate
  • Security Fence

About This Home

As of April 2024

100% vacant triplex in Alhambra Triangle neighborhood of Sacramento. Value add opportunity with immediate upside. The two downstairs units are one bedroom / one bathroom and the upstairs unit is a spacious three bedroom / one bathroom unit. Close proximately to East Sacramento and Midtown shops.

Last Agent to Sell the Property

David DeLoney

Marcus & Millichap Real Estate License #02045150 Listed on: 03/11/2024

Last Buyer's Agent

David DeLoney

Marcus & Millichap Real Estate License #02045150 Listed on: 03/11/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,231

Year Built

  • Built in 1940

Lot Details

  • 3,049 Sq Ft Lot
  • Security Fence

Home Design

  • Triplex
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 2-Story Property
  • Vinyl Flooring
  • Security Gate

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Utilities

  • Central Air
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 010-0131-022

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 3 Vacant Units
  • Net Lease

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,231

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Subtype Description: Apartments
  • Property Subtype 1: Triplex
  • Year Built: 1940
  • Levels: Two
  • Stories: 2
  • Number of Three Bedroom Units: 1
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl

Exterior Features

  • Construction Materials: Stucco, Wood
  • Foundation: Slab
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 575000.00
  • Lot Features: Sidewalk, Other
  • New Construction: No
  • Pool: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Parking Features: Off Street
  • Total Parking Spaces: 2.00

Utilities

  • Security: Security Fence, Security Gate
  • Sewer: Public Sewer
  • Utilities: City
  • Cooling: Central
  • Heating: Wall Furnace
  • Laundry Features: Other
  • Water Source: Meter on Site

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: Residential
  • Irrigation: None
  • Lot Size Acres: 0.0700
  • Lot Size Sq Ft: 3049.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas
  • Lease Expiration Date: 1800-01-011800-01-01
  • Lease Type: Net

Multi Family

  • Income Includes: ["See Remarks"]
  • Number of Units: 3
  • Number of Vacant Units: 3
  • Other Unit(s): Office(s), Store(s)

Tax Info

  • Assessor Parcel Number: 010-0131-022
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2024
Closed on
Apr 11, 2024
Sold by
Volunteers Of America Greater Sacramento and Volunteers Of America Northern Californi
Bought by
Snowpoke Investments Llc
Seller's Agent
David DeLoney
Marcus & Millichap Real Estate
Buyer's Agent
David DeLoney
Marcus & Millichap Real Estate
List Price
$575,000
Sold Price
$530,000
Premium/Discount to List
-$45,000
-7.83%
Views
11
Current Estimated Value
$553,373

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,373
Avg. Annual Appreciation
2.84%

Purchase Details

Closed on
Sep 4, 2001
Sold by
Johnson Shepard M and Johnson Monte E
Bought by
Volunteers Of America Greater Sacramento

Purchase Details

Closed on
Feb 17, 2000
Sold by
Mario Ierardi 1996 Revocable Trust and Mario E
Bought by
Johnson Shephard M and Johnson Monte E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
8.26%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 27, 1996
Sold by
Marianos Stephen C
Bought by
Ierardi Mario E and Ierardi Katherine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,500
Interest Rate
7.04%
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
Snowpoke Investments Llc $530,000 Fidelity National Title Compan
Volunteers Of America Greater Sacramento $200,000 North American Title Co
Johnson Shephard M $100,000 North American Title Guarant
Ierardi Mario E $82,000 American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnson Shephard M $90,000
Previous Owner Ierardi Mario E $61,500
Closed Ierardi Mario E $8,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2024 04/15/24 Sold $530,000 -7.8% $230 / Sq Ft
03/11/2024 03/11/24 Pending -- -- --
03/11/2024 03/11/24 For Sale $575,000 -- $250 / 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 $4,231 $540,600 $178,500 $362,100
2024 $4,231 $341,574 $86,888 $254,686
2023 $291 $334,878 $85,185 $249,693
2022 $285 $328,313 $83,515 $244,798
2021 $280 $321,877 $81,878 $239,999
2020 $274 $318,578 $81,039 $237,539
2019 $271 $312,332 $79,450 $232,882
2018 $611 $306,209 $77,893 $228,316
2017 $262 $300,206 $76,366 $223,840
2016 $319 $294,320 $74,869 $219,451
2015 $315 $289,900 $73,745 $216,155
2014 $319 $284,222 $72,301 $211,921
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 224022976

MetroList

APN: 010-0131-022