NOT LISTED FOR SALE

2200 Downar Way Sacramento, CA 95838

East Del Paso Heights Neighborhood

Estimated Value: $639,000 - $701,288

4 Beds
4 Baths
1,888 Sq Ft
$355/Sq Ft Est. Value

Last Sold September 18, 2018

Last sale price $350,000 $185 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $4,268/month

49 Days on Market

Highlights

  • 1.99 Acre Lot
  • Double Pane Windows
  • Central Heating
  • No HOA

About This Home

As of September 2018

UNBELIEVABLE OPPORTUNITY AWAITS. Possibly 12-16 Residential units could be built on this lot. Additional information and pictures of units available upon request. One unit will be vacant by the end of June the other tenants are in the process of buying a home; Both units will eventually be vacant and ready for some TLC. All fixed up the duplex could rent for approx. $1,100 per unit. Collect rent while in the process of subdividing the lot! Hurry before this amazing opportunity passes you by.

Last Agent to Sell the Property

Roxanne McCaslin

eXp Realty of California Inc License #01228906 Listed on: 06/20/2018

eXp Realty of California Inc

Last Buyer's Agent

Kyle Davis

Windermere Signature Properties Downtown License #01931994

Windermere Signature Properties Downtown

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,801

Year Built

  • Built in 1963

Lot Details

  • 1.99

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Double Pane Windows

Additional Features

  • 1.99 Acre Lot
  • Central Heating

Listing and Financial Details

  • Tenant pays for electricity gas
  • Assessor Parcel Number 238-0160-038-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Vacant Unit
  • 1 Unit Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,801

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1963
  • Stories: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher,Disposal,Free Standing Gas Oven,Free Standing Gas Range,Microwave
  • Flooring: Carpet,Tile,Linoleum/Vinyl
  • Window Features: Dual Pane Partial

Exterior Features

  • Construction Materials: Stucco,Wood
  • Disclosures/Documents: See Remarks
  • Listing Price: 374900.00
  • Roof: Composition

Garage/Parking

  • Parking Features: Open,Street

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Cooling: Ceiling Fan(s),Central
  • Heating: Central
  • Laundry Features: Washer/Dryer

Condo/Co-op/Association

  • Association Features: Yard Space
  • Association: No

Schools

  • Senior High School District: Twin Rivers Unified

Lot Info

  • Zoning Description: R-1A-S
  • Lot Size Acres: 1.9900
  • Lot Size Sq Ft: 86684

Rental Info

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

Multi Family

  • Income Includes: Rent Only
  • Existing Lease Type: Other
  • Number of Month to Month Units: 1
  • Number of Units: 2
  • Number of Vacant Units: 1
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 238-0160-038-0000

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 13, 2023
Sold by
Saunders Spenser and Saunders Briana Renee
Bought by
Rhi Investments Lp
Current Estimated Value
$664,166

Purchase Details

Listed on
Jun 20, 2018
Closed on
Sep 11, 2018
Sold by
Root Lucinda and Root Andrew
Bought by
Saunders Spenser and Young Briana Renee
Seller's Agent
Roxanne McCaslin
eXp Realty of California Inc
Buyer's Agent
Kyle Davis
Windermere Signature Properties Downtown
List Price
$399,900
Sold Price
$350,000
Premium/Discount to List
-$49,900
-12.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.62%
Original Mortgage
$338,318
Interest Rate
4.6%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 30, 2005
Sold by
Root Garland D and Root William W
Bought by
Root Garland D and Root William W

Purchase Details

Closed on
Jun 1, 2000
Sold by
Root Gartland D
Bought by
Root Garland D and Root William W

Purchase Details

Closed on
Dec 3, 1998
Sold by
Root William W and Root Lucinda
Bought by
Root Garland D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
6.76%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 2, 1996
Sold by
Hunter Fred C and Root William W
Bought by
Root William W and Root Lucinda

Purchase Details

Closed on
Apr 12, 1995
Sold by
Root William W and Root Lucinda
Bought by
Hunter Fred C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
8.43%
Mortgage Type
Seller Take Back
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
Rhi Investments Lp $630,000 First American Title Company
Saunders Spenser $350,000 Fidelity National Title Comp
Root Garland D -- None Available
Root Garland D -- --
Root Garland D -- Fidelity National Title
Root William W $126,858 --
Hunter Fred C $110,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Root Lucinda $338,318
Previous Owner Root Garland D $38,000
Previous Owner Root Garland D $65,000
Previous Owner Hunter Fred C $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2018 09/18/18 Sold $350,000 -6.6% $185 / Sq Ft
08/08/2018 08/08/18 Pending -- -- --
07/23/2018 07/23/18 Price Changed $374,900 -6.3% $199 / Sq Ft
06/20/2018 06/20/18 For Sale $399,900 -- $212 / 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 $7,801 $742,600 $306,000 $436,600
2024 $7,801 $630,000 $300,000 $330,000
2023 $5,457 $375,267 $194,388 $180,879
2022 $4,700 $367,910 $190,577 $177,333
2021 $7,312 $360,697 $186,841 $173,856
2020 $6,206 $357,000 $184,926 $172,074
2019 $5,379 $350,000 $181,300 $168,700
2018 $1,401 $104,354 $54,032 $50,322
2017 $1,663 $102,309 $52,973 $49,336
2016 $1,385 $100,304 $51,935 $48,369
2015 $1,279 $98,798 $51,155 $47,643
2014 $1,298 $96,863 $50,153 $46,710
Source: Public Records

Agents Affiliated with this Home

  • Roxanne McCaslin

    Seller's Agent in 2018

    Roxanne McCaslin

    eXp Realty of California Inc

    (916) 240-2773

    4 in this area

    245 Total Sales

    Section Image
  • Kyle Davis

    Buyer's Agent in 2018

    Kyle Davis

    Lyon Real Estate

    (916) 628-8203

    1 in this area

    7 Total Sales

    Section Image
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Map

Source: MetroList

MLS Number: 18041292

MetroList

APN: 238-0160-038

California Sacramento County Sacramento 95838 East Del Paso Heights

2200 Downar Way, Sacramento, CA

This home is located at 2200 Downar Way, Sacramento, CA 95838 since 20 June 2018 and is currently estimated at $669,322, approximately $354 per square foot. This property was built in 1963. 2200 Downar Way is a home located in Sacramento County with nearby schools including Bell Avenue Elementary School, Rio Linda Preparatory Academy, and Still Waters Christian School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MetroList IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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