NOT LISTED FOR SALE

2312 Cottage Way Sacramento, CA 95825

Arden Gardens Neighborhood

Estimated Value: $463,455 - $553,000

4 Beds
2 Baths
1,664 Sq Ft
$300/Sq Ft Est. Value

Last Sold August 04, 2021

Last sale price $390,000 $234 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,088/month

47 Days on Market

Highlights

  • No HOA
  • 2 Car Garage
  • 1-Story Property
  • Central Heating and Cooling System
  • Carpet

About This Home

As of August 2021

Great opportunity to get into the market. Great tenants and a great location. Rents are under market some value add could be done here.

Last Agent to Sell the Property

John Cooper

Cooper Realty License #01448884 Listed on: 05/13/2021

Last Buyer's Agent

Non-MLS Member

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,986

Year Built

  • Built in 1960

Lot Details

  • 10,019 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Raised Foundation
  • Frame Construction

Interior Spaces

  • 1-Story Property
  • Carpet
  • Laundry in unit

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number 278-0182-007-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Leased Unit
  • 1 Unit Leased Month-To-Month
  • Insurance Expense $5,000
  • Maintenance Expense $3,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,986

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Subtype Description: House(s)
  • Property Subtype 1: Duplex
  • Stories: 1
  • Year Built: 1960
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet
  • Price Per Square Foot: 237.23

Exterior Features

  • Construction Materials: Frame
  • Foundation: Raised
  • Listing Price: 399000.00
  • Lot Features: Other

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage
  • Total Parking Spaces: 4

Utilities

  • Security: Other
  • Sewer: In & Connected, Public Sewer
  • Utilities: Natural Gas Connected
  • Cooling: Central
  • Heating: Central
  • Laundry Features: In Each Unit
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: San Juan Unified

Lot Info

  • Zoning Description: Duplex
  • Irrigation: None
  • Lot Size Acres: 0.2300
  • Lot Size Sq Ft: 10019

Rental Info

  • Tenant Pays: Other
  • Lease Term: Varies By Unit

Multi Family

  • Gross Income: 26800
  • Income Includes: Other
  • Insurance Expense: 5000
  • Maintenance Expense: 3000
  • Number of Leased Units: 1
  • Number of Month to Month Units: 1
  • Number of Units: 2

Tax Info

  • Assessor Parcel Number: 278-0182-007-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2021
Closed on
Jul 30, 2021
Sold by
Downs Shannon and Nicolas Martinez Vielleux
Bought by
Northern Investment Group Llc
Seller's Agent
John Cooper
Cooper Realty
Buyer's Agent
Non-MLS Member
Non-MLS Office
Sold Price
$390,000
Current Estimated Value
$487,914

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,914
Avg. Annual Appreciation
6.36%
Original Mortgage
$253,500
Outstanding Balance
$231,997
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$267,617

Purchase Details

Closed on
Jan 27, 2005
Sold by
Wyatt Kimberly A and Martinez Family Trust
Bought by
Wyatt Kimberly A and Nicolas Martinez Vielleux Trus

Purchase Details

Closed on
Jun 4, 2002
Sold by
Martinez Alfred Edward
Bought by
Martinez Alfred Edward and Martinez Family Trust

Purchase Details

Closed on
Apr 15, 1998
Sold by
Bazinet Blazek William J and Bazinet Rozanne
Bought by
Martinez Alfred Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,400
Interest Rate
7.18%

Purchase Details

Closed on
Jul 20, 1995
Sold by
Bazinet Blazek William J and Blazek William J
Bought by
Bazinet Blazek William J and Bazinet Blazek Rozanne
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
Northern Investment Group Llc $390,000 First American Title Company
Wyatt Kimberly A -- --
Martinez Alfred Edward -- --
Martinez Alfred Edward $108,000 Fidelity National Title Co
Bazinet Blazek William J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Northern Investment Group Llc $253,500
Previous Owner Martinez Alfred Edward $86,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2021 08/04/21 Sold $390,000 0.0% $234 / Sq Ft
07/31/2021 07/31/21 Off Market $390,000 -- --
06/29/2021 06/29/21 Pending -- -- --
06/23/2021 06/23/21 Off Market $390,000 -- --
06/02/2021 06/02/21 For Sale -- -- --
05/24/2021 05/24/21 Pending -- -- --
05/13/2021 05/13/21 For Sale $399,000 -- $240 / 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 $4,986 $413,869 $153,131 $260,738
2024 $4,986 $405,755 $150,129 $255,626
2023 $4,859 $397,800 $147,186 $250,614
2022 $4,832 $390,000 $144,300 $245,700
2021 $2,044 $159,291 $58,992 $100,299
2020 $2,005 $157,659 $58,388 $99,271
2019 $1,964 $154,569 $57,244 $97,325
2018 $1,937 $151,539 $56,122 $95,417
2017 $1,921 $148,569 $55,022 $93,547
2016 $1,798 $145,657 $53,944 $91,713
2015 $1,767 $143,470 $53,134 $90,336
2014 $1,730 $140,661 $52,094 $88,567
Source: Public Records

Agents Affiliated with this Home

  • John Cooper

    Seller's Agent in 2021

    John Cooper

    Cooper Realty

    (916) 709-3329

    2 in this area

    169 Total Sales

    Section Image

  • N

    Buyer's Agent in 2021

    Non-MLS Member

    Non-MLS Office

See All Agents

Map

Source: MetroList

MLS Number: 221051027

MetroList

APN: 278-0182-007

California Sacramento County Sacramento 95825 Arden Gardens

2312 Cottage Way, Sacramento, CA

This home is located at 2312 Cottage Way, Sacramento, CA 95825 since 13 May 2021 and is currently estimated at $499,614, approximately $300 per square foot. This property was built in 1960. 2312 Cottage Way is a home located in Sacramento County with nearby schools including Howe Avenue Elementary School, Encina Preparatory High School, and Aspire Alexander Twilight College Preparatory Academy.

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.

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