NOT LISTED FOR SALE

Estimated Value: $653,895 - $941,000

3 Beds
3 Baths
1,590 Sq Ft
$501/Sq Ft Est. Value

Last Sold August 22, 2016

Last sale price $425,000 $267 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $4,666/month

49 Days on Market

Highlights

  • No HOA
  • Central Air
  • 2-minute walk to Grant Park
  • Miwok Middle School Rated A-

About This Home

As of August 2016

Investment opportunity in Midtown! Newer duplex for the area. Upstairs unit with balcony features 2 bedrooms and 2 bathrooms. Downstairs unit is 1 bedroom/1 bathroom. Both units have open floor plans, dual pane windows, central heat/ac plus indoor laundry area in each unit. Driveway is used by Unit B (downstairs) - room for multiple cars.

Last Agent to Sell the Property

Linda Wood

Dunnigan, REALTORS License #01129438 Listed on: 05/06/2016

Last Buyer's Agent

Nicole Lawrence

RE/MAX Gold License #01898001

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,921

Year Built

  • Built in 1994

Lot Details

  • 3,245 Sq Ft Lot
  • Lot Dimensions: 40

Parking

  • 1 Open Parking Space

Home Design

  • Duplex
  • Split Level Home
  • Composition Roof

Interior Spaces

  • 2-Story Property

Utilities

  • Central Air
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 003-0074-018-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • Insurance Expense $960

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,921

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1994
  • Levels: MultiSplit
  • Stories: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher,Disposal,Free Standing Electric Range,Free Standing Refrigerator,Microwave
  • Flooring: Carpet,Laminate,Wood,Varies by Unit,Linoleum/Vinyl
  • Window Features: Dual Pane Full,Window Coverings

Exterior Features

  • Construction Materials: Frame,Lap Siding,Wood
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,Structural Pest Control Report
  • Listing Price: 434900.00
  • Patio And Porch Features: Covered Patio,Uncovered Patio,Varies by Unit
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 1
  • Parking Features: Street,Varies by Unit

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Utilities: Cable Available
  • Cooling: Central
  • Heating: Central,Natural Gas

Condo/Co-op/Association

  • Association Features: Extra Storage,Laundry Hook-Up in Units,Patios/Balcony,Public Trans Nearby,Yard Space,Varies By Unit
  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: R3A
  • Lot Size Acres: 0.0745
  • Lot Dimensions: 40 x 82
  • Lot Size Sq Ft: 3245

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas
  • Total # Leasable: 2

Multi Family

  • Income Includes: Rent Only
  • Insurance Expense: 960
  • Number of Leased Units: 2
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 003-0074-018-0000

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2016
Closed on
Aug 17, 2016
Sold by
Henning Coral
Bought by
Lele Meeta
Seller's Agent
Linda Wood
Dunnigan, REALTORS
Buyer's Agent
Nicole Lawrence
RE/MAX Gold
List Price
$449,000
Sold Price
$425,000
Premium/Discount to List
-$24,000
-5.35%
Current Estimated Value
$797,224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$372,224
Avg. Annual Appreciation
7.08%
Original Mortgage
$318,750
Outstanding Balance
$253,749
Interest Rate
3.41%
Mortgage Type
New Conventional
Estimated Equity
$543,475

Purchase Details

Listed on
May 6, 2016
Closed on
Aug 16, 2016
Sold by
Ranade Rahul
Bought by
Lele Meeta
Seller's Agent
Linda Wood
Dunnigan, REALTORS
Buyer's Agent
Nicole Lawrence
RE/MAX Gold
List Price
$449,000
Sold Price
$425,000
Premium/Discount to List
-$24,000
-5.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,750
Outstanding Balance
$253,749
Interest Rate
3.41%
Mortgage Type
New Conventional
Estimated Equity
$543,475

Purchase Details

Closed on
Nov 23, 2005
Sold by
Williams Dywan
Bought by
Henning Coral

Purchase Details

Closed on
Nov 18, 2004
Sold by
Henning Edward
Bought by
Henning Coral and Williams Dywan

Purchase Details

Closed on
Dec 19, 2003
Sold by
Kassotakis Mary Ellen
Bought by
Williams Dywan and Henning Coral

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,200
Interest Rate
3.96%
Mortgage Type
Negative Amortization
Source: Public Records

Range of Values:

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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
Lele Meeta $425,000 Fidelity National Title Co
Lele Meeta -- Fidelity National Title Co
Henning Coral -- --
Henning Coral -- --
Williams Dywan $359,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lele Meeta $318,750
Previous Owner Williams Dywan $287,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/22/2016 08/22/16 Sold $425,000 -5.3% $267 / Sq Ft
06/23/2016 06/23/16 Pending -- -- --
05/05/2016 05/05/16 For Sale $449,000 -- $282 / 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 $5,921 $493,242 $214,705 $278,537
2024 $5,921 $483,572 $210,496 $273,076
2023 $5,782 $474,091 $206,369 $267,722
2022 $5,684 $464,796 $202,323 $262,473
2021 $5,417 $455,683 $198,356 $257,327
2020 $5,460 $451,012 $196,323 $254,689
2019 $5,345 $442,170 $192,474 $249,696
2018 $5,207 $433,500 $188,700 $244,800
2017 $5,135 $425,000 $185,000 $240,000
2016 $5,155 $431,166 $120,100 $311,066
2015 $5,079 $424,690 $118,296 $306,394
2014 $4,942 $416,372 $115,979 $300,393
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 16027914

MetroList

APN: 003-0074-018