NOT LISTED FOR SALE
4 Beds
2 Baths
1,452 Sq Ft
6,970 Sq Ft Lot

Sale Details

Date Sold: September 23, 2024

Last sale price $389,250 $268 Per Sq Ft

373 Days on Market

Highlights

  • Traditional Architecture
  • Breakfast Area or Nook
  • Family Room
  • No HOA
  • 1-Story Property
  • Carpet

About This Home

As of September 2024

INVESTOR'S FANTASY An exceptional opportunity emerges to acquire property lining Marconi Ave with C-2 Commercial zoning, boasting the potential for subsequent commercial development. There is also the potential to enhance rental income upto $250,000 by adding Additional Dwelling Units (ADUs) on each lot, leveraging the CalHFA grant of up to $40,000 for ADU pre-development. This portfolio is strategically situated within the Opportunity Zone - tax deferral program for capital gain and enjoys a substantial average daily traffic (ADT) of 26,926 vehicles along Marconi Ave. In reference to other listings, the portfolio encompasses 8 residential units(4 SFR, 2 DUPLEXES) dispersed across 6 lots. These properties are identified as 2117, 2121, 2125, 2129, 2133, 2137 Marconi Avenue, Sacramento. The portfolio generates income through the rental of 1 Commercial Sign Board. Altogether, these properties, including the Sign Board, yield a gross rental income of $150,000.00. Refer to the attached offering memorandum.

Last Agent to Sell the Property

AZ Chaudhary

KW Sac Metro License #02075532 Listed on: 08/25/2023

KW Sac Metro

Last Buyer's Agent

Geneva Autry

Grounded R.E. License #01968605

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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 6,970 Sq Ft Lot
  • Zoning described as C-2

Parking

  • No Garage

Home Design

  • Traditional Architecture
  • Raised Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,452 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Breakfast Area or Nook

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Heating Available

Community Details

  • No Home Owners Association
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 266-0170-024-0000

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Subtype Description: Detached
  • Property Subtype 1: 2 Houses on Lot
  • Remodeled Updated: Unknown
  • Year Built: 1940
  • Architectural Style: Traditional
  • Levels: One
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Flooring: Carpet, Laminate
  • Total Bathrooms: 2
  • Bathroom Features: See Remarks
  • Dining Room Features: Space in Kitchen
  • Kitchen Features: Breakfast Area
  • Living Room Features: Other
  • Main Level: Bedroom(s), Family Room, Kitchen
  • Price Per Square Foot: 268.08
  • Square Footage: 1452.00
  • ResoLivingAreaSource: Owner

Exterior Features

  • Construction Materials: Frame, See Remarks
  • Disclosures/Documents: CC&Rs
  • Foundation: Raised
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 425000.00
  • Lot Features: Shape Regular, Street Lights
  • New Construction: No
  • Pool: No
  • Roof: Composition
  • Spa: No
  • Topography: Level,Level
  • Land Use: Residential
  • Second Unit Kitchen: Yes

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Security: See Remarks
  • Sewer: Public Sewer
  • Utilities: Public
  • Cooling: Other
  • Electric: See Remarks
  • Heating: Electric, See Remarks
  • Laundry Features: See Remarks
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: San Juan Unified

Lot Info

  • Zoning Description: C-2
  • Irrigation: Public District
  • Lot Size Acres: 0.1600
  • Lot Size Sq Ft: 6970.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Current Rent: 1295
  • Lease Type: Net

Multi Family

  • Unit 2 Partial Bathrooms: 0
  • Unit 2 Description: Detached
  • Unit 2 Occupied: Yes
  • Unit 2 Type: Detached

Tax Info

  • Assessor Parcel Number: 266-0170-024-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

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
-- None Listed On Document
Guillena Joe $389,500 Fidelity National Title Compan
Pham Oz Property Inc -- Doma Title Of California Inc
Pham Oz Property Llc $240,000 Stewart Title Company
Roth Thomas A -- Placer Title Company
Brown Louis R -- --
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
Previous Owner $369,788
Previous Owner Pham Oz Property Inc $180,000
Previous Owner Pham Oz Property Llc $180,000
Previous Owner Roth Thomas A $255,000
Previous Owner Roth Thomas A $61,850
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 Prior Sale
09/23/2024 09/23/24 Sold $389,250 -8.4% $268 / Sq Ft
09/01/2024 09/01/24 Pending -- -- --
02/27/2024 02/27/24 For Sale $425,000 +9.2% $293 / Sq Ft
02/27/2024 02/27/24 Off Market $389,250 -- --
02/08/2024 02/08/24 For Sale $425,000 0.0% $293 / Sq Ft
02/02/2024 02/02/24 Pending -- -- --
10/12/2023 10/12/23 Price Changed $425,000 -2.3% $293 / Sq Ft
08/25/2023 08/25/23 For Sale $435,000 +81.3% $300 / Sq Ft
03/23/2021 03/23/21 Sold $240,000 0.0% $331 / Sq Ft View Prior Sale
03/20/2021 03/20/21 Off Market $240,000 -- --
03/06/2021 03/06/21 Off Market $240,000 -- --
02/21/2021 02/21/21 Off Market $240,000 -- --
02/01/2021 02/01/21 Off Market $240,000 -- --
11/20/2020 11/20/20 Off Market $240,000 -- --
11/14/2020 11/14/20 Pending -- -- --
11/13/2020 11/13/20 For Sale $240,000 -- $331 / Sq Ft
11/13/2020 11/13/20 Pending -- -- --
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 $4,754 $397,035 $117,300 $279,735
2025 $4,754 $389,250 $115,000 $274,250
2024 $3,224 $254,689 $79,590 $175,099
2023 $3,141 $249,696 $78,030 $171,666
2022 $3,121 $244,800 $76,500 $168,300
2021 $1,548 $114,825 $48,711 $66,114
2020 $1,518 $113,649 $48,212 $65,437
2019 $1,488 $111,421 $47,267 $64,154
2018 $1,467 $109,238 $46,341 $62,897
2017 $1,451 $107,097 $45,433 $61,664
2016 $1,360 $104,998 $44,543 $60,455
2015 $1,336 $103,421 $43,874 $59,547
2014 $1,311 $101,396 $43,015 $58,381
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 223082504

MetroList

APN: 266-0170-024

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