NOT LISTED FOR SALE

Estimated Value: $1,274,204 - $1,493,000

4 Beds
4 Baths
3,464 Sq Ft
$392/Sq Ft Est. Value

Last Sold February 01, 2021

Last sale price $1,195,000 $345 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $8,676/month

Highlights

  • City View
  • 0.15 Acre Lot
  • No HOA
  • Miwok Middle School Rated A-
  • Wood Flooring
  • Double Pane Windows

About This Home

As of February 2021

Welcome to Midtown Sacramento! You don't want miss this extremely rare opportunity to own a historic fourplex in the heart of Midtown Sacramento on J Street!!! Come & preview this beautiful & well-maintained fourplex with incredible charm & character that is sure to take you back to the golden era of historic J street in the heart of midtown Sacramento! This absolutely beautiful investment opportunity includes four desirable 1-bed, 1-bath units with hardwood floors, beautiful plate rails, bear claw tubs, gas stoves, refrigerators, washer & dryers and the beautiful mosaic marble entry that welcomes you as you enter each unit. These beautiful units are literally walking distance to everything downtown & midtown has to offer..Conveniently located close to McKinley Park, Winn Park, local hot spots such as Centro, Red Rabbit, Barwest, Harlows to name just a few as well as Midtown's booming shopping and restaurant scene...An incredible investment opportunity not to be missed...Come & Get it!

Last Agent to Sell the Property

Rich Silvas

eXp Realty of California Inc. License #01131216 Listed on: 01/13/2021

eXp Realty of California Inc.

Last Buyer's Agent

Claudia Niedzielski

RE/MAX Gold Sierra Oaks License #01762036

RE/MAX Gold Sierra Oaks

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,378

Year Built

  • Built in 1925

Lot Details

  • 6,534

Home Design

  • Quadruplex
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Double Pane Windows
  • Wood Flooring
  • City Views

Parking

  • 7 Open Parking Spaces
  • 7 Parking Spaces

Additional Features

  • 6,534 Sq Ft Lot
  • Central Heating

Listing and Financial Details

  • Tenant pays for cable tv electricity
  • Assessor Parcel Number 007-0024-018-0000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,378

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1925
  • Stories: 2
  • Number of One Bedroom Units: 4
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher,Free Standing Electric Oven,Free Standing Gas Range,Free Standing Refrigerator
  • Flooring: Wood
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Stucco,Wood
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,Roof Inspection
  • Foundation: Raised
  • Listing Price: 1100000.00
  • Roof: Composition
  • View Description: City

Garage/Parking

  • Open Parking Spaces: 7
  • Parking Features: 1 Space Per Unit
  • Total Parking Spaces: 7

Utilities

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

Condo/Co-op/Association

  • Association Features: Laundry Hook-Up in Units,Patios/Balcony
  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: C-2-MC
  • Lot Size Acres: 0.1500
  • Lot Size Sq Ft: 6534

Rental Info

  • Tenant Pays: Cable TV,Electricity
  • Total # Leasable: 4

Multi Family

  • Gross Income: 66660
  • Income Includes: Rent Only
  • Number of Leased Units: 4
  • Number of Units: 4
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 007-0024-018-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 7, 2021
Sold by
Wyly Michelle P Sedlachek and Michelle P Sedlacheck Living T
Bought by
Wyly Michelle P Sedlachek and Michelle P Sedlacheck Living T
Current Estimated Value
$1,359,551

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Outstanding Balance
$280,718
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$1,080,175

Purchase Details

Listed on
Jan 13, 2021
Closed on
Jan 26, 2021
Sold by
The J Street Partnership
Bought by
Wyly Michelle P Sedlachek and The Michelle P Sedlacheck Livi
Seller's Agent
Rich Silvas
eXp Realty of California Inc.
Buyer's Agent
Claudia Niedzielski
RE/MAX Gold Sierra Oaks
List Price
$1,100,000
Sold Price
$1,195,000
Premium/Discount to List
$95,000
8.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.88%

Purchase Details

Closed on
Sep 20, 2012
Sold by
Elvir Cesar A and Ordonez Anna Rosa
Bought by
J Street Partnership

Purchase Details

Closed on
Mar 22, 2010
Sold by
Elvir Cesar A and Ordonez Anna Rosa
Bought by
Elvir Cesar A and Ordonez Anna Rose

Purchase Details

Closed on
Apr 2, 2008
Sold by
Gatejen Janet L
Bought by
Elvir Cesar A and Ordonez Anna Rosa

Purchase Details

Closed on
Feb 21, 2008
Sold by
Gatejen Edmond A
Bought by
Gatejen Janet L

Purchase Details

Closed on
Mar 30, 2007
Sold by
Gatejen Edmond A and Gatejen Janet L
Bought by
Gatejen Edmond A and Gatejen Janet L

Purchase Details

Closed on
Dec 8, 2005
Sold by
Gatejen Edmond A
Bought by
Gatejen Edmond A and Gatejen Janet L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 2, 2005
Sold by
Gatejen Edmond A and Gatejen Janet L
Bought by
Gatejen Edmond A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,500
Interest Rate
1.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 20, 2005
Sold by
Stewart Fred J and Stewart Teresa V
Bought by
Gatejen Edmond A and Gatejen Janet L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,500
Interest Rate
1.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 16, 2003
Sold by
Gatejen Edmond A and Gatejen Janet L
Bought by
Gatejen Edmond A and Gatejen Janet L

Purchase Details

Closed on
Aug 29, 2003
Sold by
Gaylord Jennifer and Estate Of Vivian Mays
Bought by
Gatejen Edmond A and Gatejen Janet L

Purchase Details

Closed on
Dec 30, 1993
Sold by
Vivian V Roubos Revocable Trust
Bought by
Mays Vivian
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
Wyly Michelle P Sedlachek -- Placer Title Company
Michelle P Sedlachek Living Trust -- Placer Title
Wyly Michelle P Sedlachek $1,195,000 Stewart Title Of Sacramento
J Street Partnership -- None Available
Elvir Cesar A -- None Available
Elvir Cesar A $705,500 Stewart Title Of Sacramento
Gatejen Janet L -- Stewart Title Of Sacramento
Gatejen Edmond A -- Stewart Title Of Sacramento
Gatejen Edmond A -- --
Gatejen Edmond A -- Stewart Title Of Sacramento
Gatejen Edmond A -- Stewart Title Of Sacramento
Gatejen Edmond A -- Stewart Title
Gatejen Edmond A $475,000 Alliance Title Company
Mays Vivian -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Michelle P Sedlachek Living Trust $310,000
Closed Michelle P Sedlachek Living Trust $310,000
Previous Owner Gatejen Edmond A $400,000
Previous Owner Gatejen Edmond A $536,500
Previous Owner Gatejen Edmond A $280,000
Previous Owner Gatejen Edmond A $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2021 02/01/21 Sold $1,195,000 +8.6% $345 / Sq Ft
01/13/2021 01/13/21 Pending -- -- --
01/13/2021 01/13/21 For Sale $1,100,000 -- $318 / 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 $15,378 $1,293,505 $405,912 $887,593
2024 $15,378 $1,268,143 $397,953 $870,190
2023 $15,017 $1,243,278 $390,150 $853,128
2022 $14,765 $1,218,900 $382,500 $836,400
2021 $5,896 $463,130 $251,416 $211,714
2020 $5,931 $458,383 $248,839 $209,544
2019 $5,809 $449,396 $243,960 $205,436
2018 $5,660 $440,585 $239,177 $201,408
2017 $5,491 $431,947 $234,488 $197,459
2016 $5,226 $423,479 $229,891 $193,588
2015 $5,150 $417,119 $226,438 $190,681
2014 $5,017 $408,949 $222,003 $186,946
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 20077129

MetroList

APN: 007-0024-018