NOT LISTED FOR SALE

2225 16th Ave Sacramento, CA 95822

Land Park Neighborhood

Estimated Value: $545,000 - $613,000

3 Beds
2 Baths
1,611 Sq Ft
$363/Sq Ft Est. Value

Last Sold May 22, 2015

Last sale price $226,200 $140 Per Sq Ft

Est. 158% increase in value since last sale

Current estimated payment $3,357/month

125 Days on Market

Highlights

  • No HOA
  • Patio
  • 1-Story Property

About This Home

As of May 2015

Great investment opportunity! Both units rented and have new laminate flooring and fresh paint. Converted garage, permits unknown.

Last Agent to Sell the Property

Shirley Won

Cali-Link Realty & Mortgage Inc. License #01887766 Listed on: 10/14/2014

Last Buyer's Agent

Laura Avila

Fathom Realty Group, Inc. License #01039231

Fathom Realty Group, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 6,970

Parking

  • Open Parking

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Window Treatments

Utilities

  • Window Unit Cooling System
  • Wall Furnace

Additional Features

  • Patio
  • 6,970 Sq Ft Lot

Listing and Financial Details

  • Security Deposit $1,400
  • Tenant pays for cable tv electricity rent only trash collection
  • Assessor Parcel Number 018-0022-014-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 1 Unit Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1959
  • Architectural Style: Ranch
  • Stories: 1
  • Number of Three Bedroom Units: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Electric Range,Free Standing Gas Range
  • Flooring: Laminate,Linoleum/Vinyl
  • Window Features: Window Coverings

Exterior Features

  • Construction Materials: Brick,Wood
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,None
  • Listing Price: 245000.00
  • Patio And Porch Features: Uncovered Patio
  • Roof: Composition

Garage/Parking

  • Parking Features: Open

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Cooling: Window Unit(s)
  • Heating: Wall Furnace

Condo/Co-op/Association

  • Association Features: Laundry Hook-Up in Units,Yard Space
  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: R2
  • Lot Size Acres: 0.1600
  • Lot Size Sq Ft: 6970

Rental Info

  • Tenant Pays: Cable TV,Electricity,Rent Only,Trash Collection
  • Total Deposit: 1400
  • Total # Leasable: 2

Multi Family

  • Income Includes: Rent Only
  • Number of Leased Units: 2
  • Number of Month to Month Units: 1
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 018-0022-014-0000

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2014
Closed on
Jun 24, 2015
Sold by
Avila Rafael and Avila Laura
Bought by
Avila Family Trust
Seller's Agent
Shirley Won
Cali-Link Realty & Mortgage Inc.
Buyer's Agent
Laura Avila
Fathom Realty Group, Inc.
List Price
$245,000
Sold Price
$226,200
Premium/Discount to List
-$18,800
-7.67%
Current Estimated Value
$584,213

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$358,013
Avg. Annual Appreciation
9.14%
Original Mortgage
$151,620
Outstanding Balance
$116,590
Interest Rate
3.63%
Mortgage Type
New Conventional
Estimated Equity
$467,623

Purchase Details

Listed on
Oct 14, 2014
Closed on
May 20, 2015
Sold by
Kong Gabriel Wing and Wu Yongyu Athena
Bought by
Avila Rafael and Avila Laura
Seller's Agent
Shirley Won
Cali-Link Realty & Mortgage Inc.
Buyer's Agent
Laura Avila
Fathom Realty Group, Inc.
List Price
$245,000
Sold Price
$226,200
Premium/Discount to List
-$18,800
-7.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,620
Outstanding Balance
$116,590
Interest Rate
3.63%
Mortgage Type
New Conventional
Estimated Equity
$467,623

Purchase Details

Closed on
Sep 19, 2011
Sold by
Temko Ronald J and Y E S Capital Funding Defined
Bought by
Kong Gabriel Wing and Wu Yongyu Athena

Purchase Details

Closed on
Apr 1, 2009
Sold by
West Shirley
Bought by
Y E S Capital Funding Defined Benefit Pl

Purchase Details

Closed on
May 27, 2003
Sold by
West Clyde
Bought by
West Shirley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,000
Interest Rate
8.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 30, 2000
Sold by
West Shirley J
Bought by
West Clyde and West Shirley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,600
Interest Rate
7.88%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Avila Family Trust -- None Available
Avila Rafael $226,500 First American Title Co
Kong Gabriel Wing $128,000 Chicago Title
Y E S Capital Funding Defined Benefit Pl $125,000 Servicelink
West Shirley -- Fidelity National Title Co
West Clyde -- Financial Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Avila Rafael $151,620
Previous Owner West Shirley $139,000
Previous Owner West Clyde $103,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2015 05/22/15 Sold $226,200 -7.7% $140 / Sq Ft
02/12/2015 02/12/15 Pending -- -- --
10/10/2014 10/10/14 For Sale $245,000 -- $152 / Sq Ft
Source: MetroList

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 $3,412 $271,848 $66,097 $205,751
2024 $3,412 $266,518 $64,801 $201,717
2023 $3,332 $261,293 $63,531 $197,762
2022 $3,274 $256,171 $62,286 $193,885
2021 $3,124 $251,149 $61,065 $190,084
2020 $3,144 $248,574 $60,439 $188,135
2019 $3,079 $243,701 $59,254 $184,447
2018 $3,000 $238,924 $58,093 $180,831
2017 $2,958 $234,240 $56,954 $177,286
2016 $2,873 $229,648 $55,838 $173,810
2015 $1,774 $133,771 $31,352 $102,419
2014 $1,731 $131,151 $30,738 $100,413
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2015

    Shirley Won

    Cali-Link Realty & Mortgage Inc.

    Section Image
  • Laura Avila

    Buyer's Agent in 2015

    Laura Avila

    Fathom Realty Group, Inc.

    (916) 698-1182

    9 Total Sales

    Laura Avila
    Section Image
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Map

Source: MetroList

MLS Number: 14065210

MetroList

APN: 018-0022-014

California Sacramento County Sacramento 95822 Land Park

2225 16th Ave, Sacramento, CA

Not Listed for Sale

MultiFamily

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