NOT LISTED FOR SALE
6 Beds
4 Baths
2,852 Sq Ft
7,405 Sq Ft Lot

Sale Details

Date Sold: February 6, 2014

Last sale price $750,000 $263 Per Sq Ft

83 Days on Market

Highlights

  • Gated Community
  • Contemporary Architecture
  • Patio
  • Crocker/Riverside Elementary School Rated A-
  • No HOA
  • 1-minute walk to Cervantes Plaza Park

About This Home

As of February 2014

SELLER FINANCING AVAILABLE !!! Land Park 8 Unit Apartment Complex. Pride of Ownership. Walk to Land Park, Zoo and City College. Close to Transportation and Stores. Long Term Tenants. 4 Two Bedroom and 4 One Bedroom Units. Hardwood Floors. Off-Street Covered Parking. Gated Court Yard. Under Market Rents. Drive By Then Call Listing Agent. Do Not Disturb Tenants. Vacant 2 Bedroom just rented for $825/mo. Rent Roll & Expenses Attached. Price Negotiable. Make offer Subject to Inspection.

Last Agent to Sell the Property

Chuck Starks

Worley Real Estate Inc. License #01309347 Listed on: 09/27/2013

Last Buyer's Agent

Helen Tarasco

RE/MAX Gold Midtown License #01302455

RE/MAX Gold Midtown
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 7,405

Home Design

  • Contemporary Architecture
  • Composition Roof

Parking

  • 1 Parking Space Included
  • 6 Covered Spaces

Utilities

  • Window Unit Cooling System
  • Wall Furnace
  • Cable TV Available

Additional Features

  • 2-Story Property
  • Patio
  • 7,405 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for cable tv electricity
  • Assessor Parcel Number 013-0193-007-0000

Community Details

Overview

  • No Home Owners Association
  • 8 Units

Building Details

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

Security

  • Gated Community

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: 5 or More Units
  • Year Built: 1950
  • Architectural Style: Contemporary
  • Stories: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Electric Range,Free Standing Refrigerator
  • Flooring: Wood,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Frame,Stucco,Wood
  • Disclosures/Documents: Rental/Lease Agmts,None
  • Listing Price: 800000.00
  • Patio And Porch Features: Uncovered Patio
  • Roof: Composition

Garage/Parking

  • Covered Parking Spaces: 6
  • Parking Features: Carport,1+ Space Per Unit

Utilities

  • Security: Unguarded Gate
  • Utilities: Cable Available
  • Cooling: Window Unit(s)
  • Heating: Wall Furnace

Condo/Co-op/Association

  • Association Features: Patios/Balcony,Public Trans Nearby,Separate Laundry Facility,Yard Space
  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: R-3
  • Lot Size Acres: 0.1700
  • Lot Dimensions: x/x
  • Lot Size Sq Ft: 7405

Rental Info

  • Tenant Pays: Cable TV,Electricity
  • Total # Leasable: 8

Multi Family

  • Income Includes: Coin Operated Equipment,Laundry,Rent Only
  • Number of Leased Units: 2
  • Number of Month to Month Units: 6
  • Number of Units: 8
  • Units Furnished: None
  • Gross Income Multiplier: 14.180

Tax Info

  • Assessor Parcel Number: 013-0193-007-0000

MLS Schools

  • School District (County): Sacramento

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2013
Closed on
Jan 31, 2014
Sold by
Bought by
Seller's Agent
Chuck Starks
Worley Real Estate Inc.
Buyer's Agent
Helen Tarasco
RE/MAX Gold Midtown
List Price
$925,000
Sold Price
$750,000
Premium/Discount to List
-$175,000
-18.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Outstanding Balance
$331,470
Interest Rate
4.46%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 12, 2002
Sold by
Bought by

Purchase Details

Closed on
Apr 24, 2002
Sold by
Bought by

Purchase Details

Closed on
Nov 29, 1995
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$750,000 Placer Title Company
-- --
$48,000 --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $450,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/06/2014 02/06/14 Sold $750,000 -18.9% $263 / Sq Ft
12/19/2013 12/19/13 Pending -- -- --
09/27/2013 09/27/13 For Sale $925,000 -- $324 / Sq Ft
Source: MetroList

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $11,805 $937,773 $125,032 $812,741
2025 $11,805 $919,386 $122,581 $796,805
2024 $11,642 $901,360 $120,178 $781,182
2023 $11,368 $883,687 $117,822 $765,865
2022 $11,172 $866,361 $115,512 $750,849
2021 $10,660 $849,375 $113,248 $736,127
2020 $10,726 $840,666 $112,087 $728,579
2019 $10,505 $824,184 $109,890 $714,294
2018 $10,233 $808,025 $107,736 $700,289
2017 $10,089 $792,182 $105,624 $686,558
2016 $9,738 $776,650 $103,553 $673,097
2015 $9,592 $764,985 $101,998 $662,987
2014 $3,036 $192,836 $24,234 $168,602
Source: Public Records

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Map

Source: MetroList

MLS Number: 13057907

MetroList
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