Seller's Agent in 2024
Maribel Perez
eXp Realty of California Inc
(916) 223-1309
1 in this area
80 Total Sales
2307 Edison Ave Sacramento, CA 95821
Bohemian Heights NeighborhoodEstimated Value: $718,000 - $777,000
6
Beds
4
Baths
2,650
Sq Ft
$283/Sq Ft
Est. Value
Highlights
- 0.47 Acre Lot
- Private Yard
- Tile Flooring
- Corner Lot
- No HOA
- Guest Parking
About This Home
As of August 2024This property presents a remarkable opportunity for both investors and builders! Situated in an excellent location, it stands out from typical investment properties. The 4-Plex is meticulously maintained and exudes a sense of pride in ownership. Its corner lot boasts impressive curb appeal, immediately captivating anyone who drives up. The generously sized lot spans just under half an acre and is zoned RD-30, allowing for the addition of 10 more units. This has been confirmed by Sacramento County. The current rents are below the prevailing rates in the area, offering the next owner the potential for increased revenue. The owner has spent over $67k in renovations in the past 2 years. Recent renovations include a $19K investment for brand new roof & gutters on a separate building; which encompasses a carport, storage & laundry room,(PERMIT & receipt on file). Freshly painted interiors, remodeled bathrooms in 2 bedroom units, new HVAC unit, 2 new water heaters, new front fence & more. This property is a must-see, as it is conveniently located near Sac State University, Sacramento International Airport, Downtown Sacramento, Golden1 Arena, shopping centers, public transportation, and all other city conveniences. Don't delay, as this opportunity is expected to be swiftly taken!
Last Agent to Sell the Property
eXp Realty of California Inc License #01318668 Listed on: 06/13/2024
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1952 | Remodeled
Lot Details
- 20,473 Sq Ft Lot
- Lot Dimensions: 20473.2
- Landscaped
- Corner Lot
- Irregular Lot
- Private Yard
Home Design
- Quadruplex
- Slab Foundation
- Composition Roof
- Stucco
Interior Spaces
- 2,650 Sq Ft Home
- 1-Story Property
- Tile Flooring
- Leased Washer and Dryer
Kitchen
- Free-Standing Electric Oven
- Free-Standing Gas Range
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 15 Parking Spaces
- 5 Carport Spaces
- Guest Parking
Utilities
- Central Heating and Cooling System
- Separate Meters
- 220 Volts
- Natural Gas Connected
- Property is located within a water district
- Gas Water Heater
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Tenant pays for electricity, gas, parking fee
- Assessor Parcel Number 254-0031-035-0000
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- 4 Leased Units
- 1 Unit Leased Month-To-Month
- Net Lease
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 13, 2024
Closed on
Jul 30, 2024
Sold by
Torruellas Cara
Bought by
Ochoa Santana Jose and Ochoa Alcaraz Nancy
Seller's Agent
Maribel Perez
eXp Realty of California Inc
Buyer's Agent
David Rogers
Gonsalves Real Estate Properties
List Price
$769,000
Sold Price
$792,000
Premium/Discount to List
$23,000
2.99%
Views
36
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$42,748
Avg. Annual Appreciation
-3.31%
Original Mortgage
$673,200
Outstanding Balance
$662,498
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$86,754
Purchase Details
Closed on
Feb 25, 2022
Sold by
Barajas and Elisa
Bought by
Torruellas Cesar
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,750
Interest Rate
3.55%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 6, 2013
Sold by
Edison Investments Llc
Bought by
Barajas Uriel and Barajas Elisa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$421,800
Interest Rate
3.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 29, 2006
Sold by
Barajas Uriel
Bought by
Edison Investments Llc
Purchase Details
Closed on
Jun 29, 2006
Sold by
Mohammadi Sedi
Bought by
Barajas Uriel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,750
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 28, 2005
Sold by
Johnson Theron and Johnson Anne Marie
Bought by
Mohammadi Sedi
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 7, 2001
Sold by
Oldham David F and Oldham Rachel
Bought by
Johnson Theron and Johnson Anne Marie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,000
Interest Rate
6.24%
Purchase Details
Closed on
Jun 20, 2001
Sold by
Cranston Kenneth D
Bought by
Oldham David E and Oldham Rachel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Interest Rate
7.15%
Purchase Details
Closed on
Jun 20, 2000
Sold by
Carey Kirkland Family Trust and Peter J
Bought by
Cranston Kenneth D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,588
Interest Rate
8.53%
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ochoa Santana Jose | $792,000 | First American Title Company | |
| Torruellas Cesar | $625,000 | Orange Coast Title | |
| Torruellas Cara | -- | Orange Coast Title | |
| Barajas Uriel | -- | Title Source | |
| Edison Investments Llc | -- | None Available | |
| Barajas Uriel | $625,000 | Cornerstone Title Co | |
| Barajas Uriel | -- | Cornerstone Title Co | |
| Mohammadi Sedi | $485,000 | Alliance Title Company | |
| Johnson Theron | $290,000 | Old Republic Title Company | |
| Oldham David E | $165,000 | Financial Title Company | |
| Cranston Kenneth D | -- | Chicago Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ochoa Santana Jose | $673,200 | |
| Previous Owner | Torruellas Cara | $468,750 | |
| Previous Owner | Barajas Uriel | $421,800 | |
| Previous Owner | Barajas Uriel | $468,750 | |
| Previous Owner | Mohammadi Sedi | $388,000 | |
| Previous Owner | Johnson Theron | $261,000 | |
| Previous Owner | Oldham David E | $148,500 | |
| Previous Owner | Cranston Kenneth D | $6,588 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/02/2024 08/02/24 | Sold | $792,000 | +3.0% | $299 / Sq Ft |
| 06/27/2024 06/27/24 | Pending | -- | -- | -- |
| 06/13/2024 06/13/24 | For Sale | $769,000 | -- | $290 / 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 | $8,005 | $792,000 | $260,000 | $532,000 |
| 2024 | $8,005 | $650,250 | $244,494 | $405,756 |
| 2023 | $7,801 | $637,500 | $239,700 | $397,800 |
| 2022 | $5,459 | $435,143 | $232,078 | $203,065 |
| 2021 | $5,367 | $426,612 | $227,528 | $199,084 |
| 2020 | $5,265 | $422,238 | $225,195 | $197,043 |
| 2019 | $5,158 | $413,960 | $220,780 | $193,180 |
| 2018 | $5,096 | $405,844 | $216,451 | $189,393 |
| 2017 | $5,044 | $397,887 | $212,207 | $185,680 |
| 2016 | $4,717 | $390,087 | $208,047 | $182,040 |
| 2015 | $4,635 | $384,228 | $204,922 | $179,306 |
| 2014 | $4,537 | $376,702 | $200,908 | $175,794 |
Source: Public Records
Agents Affiliated with this Home
-
Maribel Perez
-
Jerry Rivera
Seller Co-Listing Agent in 2024
Jerry Rivera
eXp Realty of California Inc
(916) 223-1349
1 in this area
69 Total Sales
-
David Rogers
Buyer's Agent in 2024
David Rogers
Gonsalves Real Estate Properties
(415) 238-0070
1 in this area
8 Total Sales
Map
Source: MetroList
MLS Number: 224064138
APN: 254-0031-035
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