NOT LISTED FOR SALE

Estimated Value: $620,000 - $654,000

4 Beds
2 Baths
1,526 Sq Ft
$416/Sq Ft Est. Value

Last Sold August 21, 2020

Last sale price $496,000 $325 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,951/month

11 Days on Market

Highlights

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

About This Home

As of August 2020

Rare investment opportunity in great location. Rent both, or live in one unit and rent the other. Nice corner lot, close to freeways and downtown; few blocks to Sac City College, park, and zoo. Quiet neighborhood. Each unit has its own private yard, garage, and central A/H. One of the units has a new kitchen counter top, cabinets, appliances and flooring.

Last Agent to Sell the Property

Jose Rodriguez

Susan Gibson Real Estate License #01857562 Listed on: 06/28/2020

Last Buyer's Agent

Otha Johnson Jr.

Re/Max Gold License #01791202

Re/Max Gold

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,416

Year Built

  • Built in 1991

Lot Details

  • 7,667 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Double Pane Windows
  • City Views

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • TV Antenna

Listing and Financial Details

  • Tenant pays for cable tv electricity rent only
  • Assessor Parcel Number 018-0022-029-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Vacant Units
  • Insurance Expense $1,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,416

Year Built

Built in 1991

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1991
  • Architectural Style: Cabin,Ranch
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Electric Range,Dishwasher,Disposal
  • Flooring: Carpet,Linoleum/Vinyl
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Wood
  • Disclosures/Documents: Transfer Disclosure Statement
  • Foundation: Slab
  • Listing Price: 499900.00
  • Patio And Porch Features: Enclosed Patio,Uncovered Patio
  • Roof: Composition
  • View Description: City

Garage/Parking

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

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Sewer: Public Sewer,Sewer in Street
  • Utilities: TV Antenna
  • Cooling: Central
  • Electric: 220 Volts
  • Heating: Central
  • Water Source: Meter Available

Condo/Co-op/Association

  • Association Features: Public Trans Nearby,None
  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: R-2
  • Lot Size Acres: 0.1760
  • Lot Size Sq Ft: 7667

Rental Info

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

Multi Family

  • Gross Income: 28800
  • Income Includes: Rent Only
  • Existing Lease Type: See Remarks
  • Insurance Expense: 1000
  • Number of Units: 2
  • Number of Vacant Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 018-0022-029-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2020
Closed on
Aug 19, 2020
Sold by
Oshi Ojuri Fatai
Bought by
Lare Natasha
Seller's Agent
Jose Rodriguez
Susan Gibson Real Estate
Buyer's Agent
Otha Johnson Jr.
Re/Max Gold
List Price
$499,900
Sold Price
$496,000
Premium/Discount to List
-$3,900
-0.78%
Current Estimated Value
$627,016

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,016
Avg. Annual Appreciation
5.05%
Original Mortgage
$487,016
Outstanding Balance
$433,957
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$200,351

Purchase Details

Closed on
Jun 20, 1996
Sold by
Jones Charles E and Jones Marguerite J
Bought by
Jones Marguerite J and Jones Charles E
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
Lare Natasha -- Fidelity National Title Co
Lare Natasha $496,000 Fidelity National Title Co
Jones Marguerite J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lare Natasha $487,016
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2020 08/21/20 Sold $496,000 -0.8% $325 / Sq Ft
07/09/2020 07/09/20 Pending -- -- --
06/28/2020 06/28/20 For Sale $499,900 -- $328 / 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 $6,416 $536,883 $108,242 $428,641
2024 $6,416 $526,357 $106,120 $420,237
2023 $6,265 $516,038 $104,040 $411,998
2022 $6,160 $505,920 $102,000 $403,920
2021 $5,791 $496,000 $100,000 $396,000
2020 $1,982 $145,548 $13,045 $132,503
2019 $1,942 $142,695 $12,790 $129,905
2018 $1,892 $139,898 $12,540 $127,358
2017 $1,865 $137,156 $12,295 $124,861
2016 $1,793 $134,467 $12,054 $122,413
2015 $1,766 $132,448 $11,873 $120,575
2014 $1,724 $129,855 $11,641 $118,214
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 20025504

MetroList

APN: 018-0022-029