NOT LISTED FOR SALE

Estimated Value: $717,399 - $834,000

3 Beds
2 Baths
1,473 Sq Ft
$539/Sq Ft Est. Value

Last Sold February 21, 2014

Last sale price $379,000 $257 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $4,625/month

57 Days on Market

Highlights

  • 0.15 Acre Lot
  • No HOA
  • Central Heating
  • Miwok Middle School Rated A-
  • Patio
  • 2 Car Garage

About This Home

As of February 2014

Ideally located duplex property for live/work proposition with walking/biking ability to State Capital and most downtown/midtown businesses. Two bedroom unit (2308) has nicely refinished hardwood floors, updated dual pane windows, central heat and air, dishwasher. One bedroom unit (2310) has refinished hardwood floors, updated windows, central heat and air. Alley access provides a two car garage with separate doors for each unit. Large backyard for BBQ's.

Last Agent to Sell the Property

Franco Garcia

Garcia Realty License #00925201 Listed on: 11/19/2013

Last Buyer's Agent

Kelly Elias

California Realty Partners License #01881134

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,425

Year Built

  • Built in 1939

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions: 40

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Composition Roof

Additional Features

  • 1-Story Property
  • Patio
  • Central Heating

Listing and Financial Details

  • Security Deposit $1,000
  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 007-0255-003-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Midtown Subdivision

Building Details

  • 1 Leased Unit
  • 1 Unit Leased Month-To-Month
  • Insurance Expense $1,439
  • Operating Expense $22,560

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,425

Year Built

Built in 1939

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1939
  • Architectural Style: Ranch
  • Stories: 1
  • Subdivision: Midtown
  • Number of One Bedroom Units: 1
  • Number of Two Bedroom Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher,Disposal,Free Standing Gas Range
  • Flooring: Tile,Wood,Linoleum/Vinyl
  • Window Features: Dual Pane Full,Window Coverings

Exterior Features

  • Construction Materials: Frame,Stucco,Wood
  • Disclosures/Documents: Rental/Lease Agmts,Structural Pest Control Report
  • Listing Price: 389000.00
  • Patio And Porch Features: Uncovered Patio
  • Roof: Composition

Garage/Parking

  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Garage

Utilities

  • Security: Carbon Mon Detector,Security System Leased,Smoke Detector
  • Utilities: Cable Available,Dish Antenna,Internet Available
  • Cooling: Ceiling Fan(s),Central
  • Heating: Central
  • Utilities Expenses: 2420

Condo/Co-op/Association

  • Association Features: Laundry Hook-Up in Units,Public Trans Nearby,Yard Space
  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: R-3A
  • Lot Size Acres: 0.1500
  • Lot Dimensions: 40 x 160
  • Lot Size Sq Ft: 6534

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas
  • Total Deposit: 1000
  • Total # Leasable: 2

Multi Family

  • Gross Income: 25500
  • Operating Expense: 22560
  • Income Includes: Rent Only
  • Insurance Expense: 1439
  • Number of Leased Units: 1
  • Number of Month to Month Units: 1
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 007-0255-003-0000
  • Current RE Taxes: 3425

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2013
Closed on
Feb 20, 2014
Sold by
Wohlers Bryan and Brennan John P
Bought by
Newson Adrian
Seller's Agent
Franco Garcia
Garcia Realty
Buyer's Agent
Kelly Elias
California Realty Partners
List Price
$389,000
Sold Price
$379,000
Premium/Discount to List
-$10,000
-2.57%
Current Estimated Value
$793,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$414,600
Avg. Annual Appreciation
6.53%
Original Mortgage
$179,000
Outstanding Balance
$51,872
Interest Rate
4.47%
Mortgage Type
New Conventional
Estimated Equity
$741,728

Purchase Details

Closed on
Sep 28, 2004
Sold by
Wohlers Bryan
Bought by
Wohlers Bryan and Brennan John P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
2.25%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 23, 2004
Sold by
Allport Ruth R and Allport William C
Bought by
Wohlers Bryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
2.25%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 22, 1997
Sold by
Moore Gerald Bell and Moore Marilyn Joyce
Bought by
Allport William C and Allport Ruth R
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
Newson Adrian $379,000 Placer Title Company
Wohlers Bryan -- --
Wohlers Bryan -- Alliance Title Company
Wohlers Bryan $415,000 Alliance Title Company
Allport William C $46,825 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Newson Adrian $179,000
Previous Owner Wohlers Bryan $328,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/21/2014 02/21/14 Sold $379,000 -2.6% $257 / Sq Ft
01/14/2014 01/14/14 Pending -- -- --
11/18/2013 11/18/13 For Sale $389,000 -- $264 / 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 $5,647 $464,589 $193,680 $270,909
2024 $5,647 $455,481 $189,883 $265,598
2023 $5,515 $446,551 $186,160 $260,391
2022 $5,422 $437,796 $182,510 $255,286
2021 $5,170 $429,213 $178,932 $250,281
2020 $5,210 $424,813 $177,098 $247,715
2019 $5,101 $416,484 $173,626 $242,858
2018 $4,969 $408,319 $170,222 $238,097
2017 $4,901 $400,314 $166,885 $233,429
2016 $4,751 $392,465 $163,613 $228,852
2015 $4,682 $386,571 $161,156 $225,415
2014 $4,715 $392,939 $163,802 $229,137
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 13067709

MetroList

APN: 007-0255-003