NOT LISTED FOR SALE

Estimated Value: $479,063 - $554,000

4 Beds
2 Baths
1,700 Sq Ft
$307/Sq Ft Est. Value

Last Sold November 20, 2013

Last sale price $235,000 $138 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $3,117/month

100 Days on Market

Highlights

  • No HOA
  • Central Heating
  • 1-Story Property
  • Double Pane Windows
  • Laundry Facilities

About This Home

As of November 2013

Excellent investment property for first time or seasoned investor. Very nicely rehabbed and beautiful grounds. No deferred maintenance issues and a high cash on cash return potential. Probably the nicest duplex in the area!

Last Agent to Sell the Property

Jake Kurtz

RE/MAX Gold American River Properties License #01099173 Listed on: 08/02/2013

RE/MAX Gold American River Properties

Last Buyer's Agent

C Fred Wilcox

RE/MAX Gold Folsom License #01073374

RE/MAX Gold Folsom

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,550

Year Built

  • Built in 1962

Lot Details

  • 5,942 Sq Ft Lot

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Double Pane Windows

Utilities

  • Central Heating
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity gas rent only
  • Assessor Parcel Number 285-0221-002-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Leased Units
  • 1,500 Units Leased Month-To-Month
  • Oral Lease Type

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,550

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1962
  • Architectural Style: Ranch
  • Stories: 1
  • Number of Two Bedroom Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Gas Oven,Built-In Gas Range,Dishwasher,Free Standing Refrigerator,Gas Cook Top
  • Flooring: Carpet,Laminate,Tile
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Frame,Lap Siding,Stone,Stucco,Wood
  • Disclosures/Documents: CC&Rs,Owner Occupies 1 Unit
  • Listing Price: 249950.00
  • Roof: Composition

Garage/Parking

  • Parking Features: Garage,1 Space Per Unit

Utilities

  • Utilities: Cable Connected
  • Cooling: Ceiling Fan(s),Central
  • Heating: Central
  • Laundry Features: Washer/Dryer Owned

Condo/Co-op/Association

  • Association Features: Decking,Extra Storage,Patios/Balcony
  • Association: No

Schools

  • Senior High School District: San Juan Unified

Lot Info

  • Zoning Description: RD10
  • Lot Size Acres: 0.1364
  • Lot Size Sq Ft: 5942

Rental Info

  • Tenant Pays: Electricity,Gas,Rent Only
  • Total # Leasable: 2

Multi Family

  • Gross Income: 18000
  • Income Includes: Rent Only
  • Existing Lease Type: Oral
  • Number of Leased Units: 2
  • Number of Month to Month Units: 1500
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 285-0221-002-0000

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2015
Sold by
Henry James D and Henry Debi L
Bought by
Sera H-3 Four Llc
Current Estimated Value
$521,766

Purchase Details

Listed on
Aug 2, 2013
Closed on
Nov 15, 2013
Sold by
Austin James M
Bought by
Henry James D and Henry Debi L
Seller's Agent
Jake Kurtz
RE/MAX Gold American River Properties
Buyer's Agent
C Fred Wilcox
RE/MAX Gold Folsom
List Price
$259,950
Sold Price
$235,000
Premium/Discount to List
-$24,950
-9.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.79%

Purchase Details

Closed on
Nov 5, 2008
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Austin James M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
6.07%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 13, 2008
Sold by
Magana Ochoa Maria
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jul 14, 2006
Sold by
Gomez Machuca Ruben Contreras and Gomez De Contreras Silvia Ochoa
Bought by
Magana Ochoa Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.57%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 16, 2005
Sold by
Ochoa Contreras Machuca Ruben and Ochoa Gomez Silvia
Bought by
Gomez Machuca Ruben Contreras and Gomez De Contreras Silvia Ochoa

Purchase Details

Closed on
Jan 4, 2005
Sold by
Mcleod Susan
Bought by
Ochoa Contreras Machuca Ruben and Ochoa Gomez Silvia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,200
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 3, 2003
Sold by
Tyson Lenore Diane and Mcleod John N
Bought by
Tyson Lenore Diane and Mcleod Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,500
Interest Rate
5.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 12, 2000
Sold by
Mcleod Susan L
Bought by
Mcleod John N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,250
Interest Rate
7.96%

Purchase Details

Closed on
Oct 10, 2000
Sold by
Alyce B Zadorkin Trust and Delynn D
Bought by
Tyson Lenore Diane and Mcleod John N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,250
Interest Rate
7.96%

Purchase Details

Closed on
Sep 29, 1994
Sold by
Zadorkin Alyce B
Bought by
Zadorkin Alyce B and The Alyce B Zadorkin Trust
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
Sera H-3 Four Llc -- None Available
Henry James D -- None Available
Henry James D $235,000 Stewart Title Sacramento
Austin James M $215,000 First American Title Company
Federal Home Loan Mortgage Corporation $252,230 Accommodation
Magana Ochoa Maria $400,000 None Available
Gomez Machuca Ruben Contreras -- --
Ochoa Contreras Machuca Ruben $369,000 Stewart Title Of Sacramento
Mcleod Susan -- Stewart Title Of Sacramento
Tyson Lenore Diane -- Fidelity National Title Co
Mcleod Susan -- Fidelity National Title Co
Mcleod John N -- Placer Title Company
Tyson Lenore Diane $147,500 Placer Title Company
Zadorkin Alyce B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Austin James M $172,250
Previous Owner Austin James M $170,000
Previous Owner Magana Ochoa Maria $80,000
Previous Owner Mcleod Susan $295,200
Previous Owner Mcleod Susan $105,500
Previous Owner Tyson Lenore Diane $103,200
Previous Owner Tyson Lenore Diane $103,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2013 11/20/13 Sold $235,000 -9.6% $138 / Sq Ft
11/09/2013 11/09/13 Pending -- -- --
08/01/2013 08/01/13 For Sale $259,950 -- $153 / 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 $3,550 $287,455 $122,581 $164,874
2024 $3,550 $281,820 $120,178 $161,642
2023 $3,463 $276,295 $117,822 $158,473
2022 $3,443 $270,878 $115,512 $155,366
2021 $3,388 $265,568 $113,248 $152,320
2020 $3,327 $262,846 $112,087 $150,759
2019 $3,262 $257,693 $109,890 $147,803
2018 $3,204 $252,641 $107,736 $144,905
2017 $3,195 $247,688 $105,624 $142,064
2016 $3,004 $242,832 $103,553 $139,279
2015 $2,954 $239,185 $101,998 $137,187
2014 $2,895 $234,500 $100,000 $134,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 13045315

MetroList

APN: 285-0221-002