NOT LISTED FOR SALE

2231 University Ave Sacramento, CA 95825

Sierra Oaks Neighborhood

Estimated Value: $815,000 - $1,248,000

4 Beds
4 Baths
3,200 Sq Ft
$329/Sq Ft Est. Value

Last Sold May 06, 2013

Last sale price $540,000 $169 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $6,429/month

39 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • Double Pane Windows

About This Home

As of May 2013

Larger side is stunning w/updated flooring, vaulted ceilings, granite, light, bright open floor plan w/dual pane windows & newer roof & heating/air. Smaller side also updated!

Last Agent to Sell the Property

Lisa Strong

Lyon RE Folsom License #01320629 Listed on: 02/05/2013

Last Buyer's Agent

Michelle DiChristopher

Windermere Signature Properties El Dorado Hills/Folsom License #01729726

Windermere Signature Properties El Dorado Hills/Folsom

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,338

Year Built

  • Built in 1971

Lot Details

  • 0.25

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Shake Roof

Interior Spaces

  • 1-Story Property
  • Double Pane Windows
  • Disposal

Additional Features

  • 0.25 Acre Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 293-0080-013-000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Sierra Oaks Subdivision

Building Details

  • 2 Leased Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,338

Year Built

Built in 1971

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1971
  • Architectural Style: Ranch
  • Stories: 1
  • Subdivision: Sierra Oaks
  • Number of Two Bedroom Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Disposal
  • Other Equipment: None
  • Flooring: Carpet,Wood
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Frame,Stucco
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,Transfer Disclosure Statement
  • Listing Price: 625000.00
  • Roof: Shake

Garage/Parking

  • Covered Parking Spaces: 4
  • Garage Spaces: 2
  • Parking Features: Garage,1+ Space Per Unit

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: Yard Space
  • Association: No

Schools

  • Senior High School District: San Juan Unified

Lot Info

  • Zoning Description: R1
  • Lot Size Acres: 0.2500
  • Lot Dimensions: 0X0
  • Lot Size Sq Ft: 10890

Rental Info

  • Tenant Pays: See Remarks
  • Total # Leasable: 2

Multi Family

  • Gross Income: 39480
  • Income Includes: Rent Only
  • Number of Leased Units: 2
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 293-0080-013-000

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2013
Closed on
Apr 29, 2013
Sold by
Davis 8 Enterprises Llc
Bought by
Cardinale Salvatore V and Salvatore V Cardinale Living T
Seller's Agent
Lisa Strong
Lyon RE Folsom
Buyer's Agent
Michelle DiChristopher
Windermere Signature Properties El Dorado Hills/Folsom
List Price
$625,000
Sold Price
$540,000
Premium/Discount to List
-$85,000
-13.6%
Current Estimated Value
$1,052,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$512,332
Avg. Annual Appreciation
4.95%
Original Mortgage
$390,000
Interest Rate
3.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 11, 2007
Sold by
The University Avenue Real Estate Trust
Bought by
Davis 8 Enterprises Llc

Purchase Details

Closed on
Dec 27, 2004
Sold by
Thorburn Kate M
Bought by
Thorburn David E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
1.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 24, 2004
Sold by
Thorburn David E
Bought by
Blum Molly A and The University Avenue Real Est

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
1.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2004
Sold by
Hampton M Erlene and M Erlene Hampton Trust
Bought by
Thorburn David E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
1.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 6, 1999
Sold by
Hampton M Erlene
Bought by
Hampton M Erlene and The M Erlene Hampton Trus

Purchase Details

Closed on
May 17, 1996
Sold by
Hampton M Erlene and Hampton Family Trust
Bought by
Hampton M Erlene
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
Cardinale Salvatore V $540,000 Chicago Title Company
Davis 8 Enterprises Llc -- None Available
Thorburn David E -- Financial Title Company
Blum Molly A -- --
Thorburn David E $835,000 Financial Title Company
Hampton M Erlene -- --
Hampton M Erlene -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cardinale Salvatore V $346,550
Closed Cardinale Salvatore V $390,000
Previous Owner Thorburn David E $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2013 05/06/13 Sold $540,000 -13.6% $169 / Sq Ft
03/08/2013 03/08/13 Pending -- -- --
01/28/2013 01/28/13 For Sale $625,000 -- $195 / 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 $8,338 $664,958 $369,423 $295,535
2024 $8,338 $651,921 $362,180 $289,741
2023 $8,130 $639,139 $355,079 $284,060
2022 $8,081 $626,608 $348,117 $278,491
2021 $7,946 $614,323 $341,292 $273,031
2020 $7,797 $608,025 $337,793 $270,232
2019 $7,644 $596,104 $331,170 $264,934
2018 $7,491 $584,417 $324,677 $259,740
2017 $7,478 $572,959 $318,311 $254,648
2016 $6,967 $561,725 $312,070 $249,655
2015 $6,849 $553,288 $307,383 $245,905
2014 $6,715 $542,451 $301,362 $241,089
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2013

    Lisa Strong

    Lyon Real Estate

    Section Image
  • Michelle DiChristopher

    Buyer's Agent in 2013

    Michelle DiChristopher

    Lyon Real Estate

    (916) 879-2921

    2 in this area

    54 Total Sales

    Michelle DiChristopher
    Section Image
See All Agents

Map

Source: MetroList

MLS Number: 13004961

MetroList

APN: 293-0080-013

California Sacramento County Sacramento 95825 Sierra Oaks

2231 University Ave, Sacramento, CA

This home is located at 2231 University Ave, Sacramento, CA 95825 since 05 February 2013 and is currently estimated at $1,052,332, approximately $328 per square foot. This property was built in 1971. 2231 University Ave is a home located in Sacramento County with nearby schools including Sierra Oaks K-8, Encina Preparatory High School, and Gateway International 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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