NOT LISTED FOR SALE

2242 Fairfield St Sacramento, CA 95815

Old North Sacramento Neighborhood

Estimated Value: $359,000 - $541,000

5 Beds
3 Baths
2,455 Sq Ft
$173/Sq Ft Est. Value

Last Sold August 23, 2017

Last sale price $290,000 $118 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $2,483/month

5 Days on Market

Highlights

  • Contemporary Architecture
  • 5-minute walk to Arden/Del Paso
  • 4-minute walk to Woodlake Park
  • No HOA

About This Home

As of August 2017

Here is a great opportunity for fully rented triplex in great area of public transportation, shopping, schools and industry! Property consists of one single story stand alone dwelling with 3 bedrooms 1 bath 1 car garage, breezeway and extra storage, plus a two story duplex, with one bedroom and one bath in each unit! Each unit includes lawn area, some with trees and shade! There is ample off street parking! An investor's dream! Run the numbers and BUY THIS PROPERTY for your portfolio today!

Last Agent to Sell the Property

Anne Daily

RE/MAX Gold Fair Oaks License #01041320 Listed on: 07/14/2017

RE/MAX Gold Fair Oaks

Last Buyer's Agent

Ted Lee

Ted Lee, Broker License #01874382

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,136

Year Built

  • Built in 1940

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions: 6969

Parking

  • 1 Car Garage

Home Design

  • Triplex
  • Contemporary Architecture
  • Composition Roof

Interior Spaces

  • 2-Story Property

Listing and Financial Details

  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 275-0145-010-000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units
  • North Sacramento Subdivision

Building Details

  • 3 Leased Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,136

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Triplex
  • Year Built: 1940
  • Architectural Style: Contemporary
  • Stories: 2
  • Subdivision: North Sacramento
  • Number of One Bedroom Units: 2
  • Number of Three Bedroom Units: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Range,Free Standing Refrigerator,Gas Cook Top
  • Other Equipment: Varies by Unit
  • Flooring: Carpet,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Frame,Stucco,Wood
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,None
  • Listing Price: 289000.00
  • Patio And Porch Features: Enclosed Patio,Uncovered Patio,Varies by Unit
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Varies by Unit

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Cooling: Ceiling Fan(s),Evaporative Cooler,MultiUnits
  • Heating: Baseboard,Wall Furnace

Condo/Co-op/Association

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

Schools

  • Senior High School District: Twin Rivers Unified

Lot Info

  • Zoning Description: R-1
  • Lot Size Acres: 0.1600
  • Lot Dimensions: 6,969
  • Lot Size Sq Ft: 6970

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas
  • Total # Leasable: 3

Multi Family

  • Gross Income: 32628
  • Income Includes: Rent Only
  • Number of Leased Units: 3
  • Number of Units: 3
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 275-0145-010-000

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 4, 2017
Sold by
Lee Ted Yui Jerh and Lee Josephine D
Bought by
The Ted Y And Josephine D Lee Family Tru
Current Estimated Value
$423,977

Purchase Details

Listed on
Jul 14, 2017
Closed on
Aug 15, 2017
Sold by
Aguirre William and Aguirre Lorene S
Bought by
Lee Ted Yui Jerh and Lee Josephine D
Seller's Agent
Anne Daily
RE/MAX Gold Fair Oaks
Buyer's Agent
Ted Lee
Ted Lee, Broker
List Price
$289,000
Sold Price
$290,000
Premium/Discount to List
$1,000
0.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.10%
Original Mortgage
$217,500
Outstanding Balance
$182,352
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$218,220

Purchase Details

Closed on
Mar 20, 2007
Sold by
Aguirre William and Aguirre Lorene S
Bought by
Aguirre William and Aguirre Lorene S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,000
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 2005
Sold by
Aguirre William and Aguirre Lorene S
Bought by
Aguirre William and Aguirre Lorene S
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
The Ted Y And Josephine D Lee Family Tru -- None Available
Lee Ted Yui Jerh $290,000 North American Title Company
Aguirre William -- Financial Title Company
Aguirre William -- Financial Title Company
Aguirre William -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Ted Yui Jerh $217,500
Previous Owner Aguirre William $222,000
Previous Owner Aguirre William $117,000
Previous Owner Aguirre William $86,000
Previous Owner Aguirre William $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2017 08/23/17 Sold $290,000 +0.3% $118 / Sq Ft
07/18/2017 07/18/17 Pending -- -- --
07/13/2017 07/13/17 For Sale $289,000 -- $118 / 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 $2,136 $162,705 $51,200 $111,505
2024 $2,136 $159,516 $50,197 $109,319
2023 $2,142 $156,389 $49,213 $107,176
2022 $2,026 $153,324 $48,249 $105,075
2021 $2,014 $150,318 $47,303 $103,015
2020 $1,992 $148,777 $46,818 $101,959
2019 $1,966 $145,860 $45,900 $99,960
2018 $1,871 $143,000 $45,000 $98,000
2017 $1,275 $85,860 $28,616 $57,244
2016 $1,242 $84,177 $28,055 $56,122
2015 $1,175 $82,913 $27,634 $55,279
2014 $1,195 $81,290 $27,093 $54,197
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2017

    Anne Daily

    RE/MAX

    Section Image

  • T

    Buyer's Agent in 2017

    Ted Lee

    Ted Lee, Broker

See All Agents

Map

Source: MetroList

MLS Number: 17044094

MetroList

APN: 275-0145-010

California Sacramento County Sacramento 95815 Old North Sacramento

2242 Fairfield St, Sacramento, CA

This home is located at 2242 Fairfield St, Sacramento, CA 95815 since 14 July 2017 and is currently estimated at $423,977, approximately $172 per square foot. This property was built in 1940. 2242 Fairfield St is a home located in Sacramento County with nearby schools including Woodlake Elementary School, Rio Tierra Junior High School, and Grant Union High 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.

Nearby Homes