NOT LISTED FOR SALE

Estimated Value: $447,000 - $561,000

4 Beds
3 Baths
2,046 Sq Ft
$245/Sq Ft Est. Value

Last Sold September 27, 2017

Last sale price $300,000 $147 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $2,978/month

15 Days on Market

Highlights

  • Contemporary Architecture
  • Covered Patio or Porch
  • 1-Story Property
  • No HOA
  • Central Heating and Cooling System

About This Home

As of September 2017

Calling all investors! Don't miss out on this Duplex in heart of Arden/Arcade with long term tenants. Each unit is 2 bed, 1 or 2 bath and low maintenance. Walking distance to the beautiful Howe Community Park. Conveniently located near Arden Fair Mall, CSUS, Cal Expo, restaurants and public transportation. Make an offer today!

Last Agent to Sell the Property

Christina Ellermeyer

Coldwell Banker Realty License #01714452 Listed on: 08/21/2017

Coldwell Banker Realty

Last Buyer's Agent

Lynn Vockrodt

RE/MAX Gold Sierra Oaks License #01501909

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,141

Year Built

  • Built in 1976

Lot Details

  • 8,773

Parking

  • 3 Open Parking Spaces
  • 2 Car Garage
  • 1 Parking Space Included

Home Design

  • Duplex
  • Contemporary Architecture

Interior Spaces

  • 1-Story Property
  • Window Treatments

Additional Features

  • Covered Patio or Porch
  • 8,773 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $1,650
  • Tenant pays for cable tv electricity
  • Assessor Parcel Number 278-0172-063-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • A A Subdivision

Building Details

  • 2 Leased Units
  • 2 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,141

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1976
  • Architectural Style: Contemporary
  • Levels: 0
  • Stories: 1
  • Subdivision: A-A
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Electric Range,Dishwasher,Disposal
  • Flooring: Carpet,Tile,Linoleum/Vinyl
  • Window Features: Window Coverings

Exterior Features

  • Construction Materials: Frame,Lap Siding
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,Transfer Disclosure Statement
  • Listing Price: 300000.00
  • Patio And Porch Features: Covered Patio
  • Roof: Composition,Flat

Garage/Parking

  • Open Parking Spaces: 3
  • Garage Spaces: 2
  • Parking Features: Garage,Street,Varies by Unit,1+ Space Per Unit

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: Public Trans Nearby,Yard Space
  • Association: No

Schools

  • Senior High School District: San Juan Unified

Lot Info

  • Zoning Description: RD-10
  • Lot Size Acres: 0.2014
  • Lot Size Sq Ft: 8773

Rental Info

  • Tenant Pays: Cable TV,Electricity
  • Total Deposit: 1650

Multi Family

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

Tax Info

  • Assessor Parcel Number: 278-0172-063-0000

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2017
Closed on
Sep 21, 2017
Sold by
Correa Aileen Madera
Bought by
Weyant Richard and Walker Denise
Seller's Agent
Christina Ellermeyer
Coldwell Banker Realty
Buyer's Agent
Lynn Vockrodt
RE/MAX Gold Sierra Oaks
List Price
$275,000
Sold Price
$300,000
Premium/Discount to List
$25,000
9.09%
Current Estimated Value
$500,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,678
Avg. Annual Appreciation
6.54%
Original Mortgage
$150,000
Outstanding Balance
$125,227
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$375,451

Purchase Details

Closed on
Aug 9, 2011
Sold by
Correa Mara E
Bought by
Correa Aileen Madera

Purchase Details

Closed on
Oct 4, 2007
Sold by
Correa Aileen Madera
Bought by
Correa Aileen Madera and Correa Mara E

Purchase Details

Closed on
Jun 19, 2007
Sold by
Melo Gloria and Madera Correa Aileen
Bought by
Madera Correa Aileen

Purchase Details

Closed on
Apr 21, 2005
Sold by
Correa Anthony
Bought by
Madera Aileen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,500
Interest Rate
7.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 14, 2005
Sold by
Kirsch Elmer E and Kirsch Alice M
Bought by
Melo Gloria and Madera Aileen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,500
Interest Rate
7.9%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Weyant Richard $300,000 Fidelity National Title Comp
Correa Aileen Madera -- None Available
Correa Aileen Madera -- None Available
Madera Correa Aileen -- First American Title Co
Madera Correa Aileen -- First American Title Co
Madera Aileen -- Chicago Title Co
Melo Gloria $445,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weyant Richard $150,000
Previous Owner Melo Gloria $400,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2017 09/27/17 Sold $300,000 +9.1% $147 / Sq Ft
08/26/2017 08/26/17 Pending -- -- --
08/11/2017 08/11/17 For Sale $275,000 -- $134 / 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 $4,141 $341,344 $102,402 $238,942
2024 $4,141 $334,652 $100,395 $234,257
2023 $4,036 $328,091 $98,427 $229,664
2022 $4,013 $321,659 $96,498 $225,161
2021 $3,946 $315,353 $94,606 $220,747
2020 $3,872 $312,120 $93,636 $218,484
2019 $3,794 $306,000 $91,800 $214,200
2018 $3,745 $300,000 $90,000 $210,000
2017 $3,094 $243,705 $54,156 $189,549
2016 $2,764 $227,763 $50,614 $177,149
2015 $2,630 $216,918 $48,204 $168,714
2014 $2,551 $210,600 $46,800 $163,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 17052055

MetroList

APN: 278-0172-063