NOT LISTED FOR SALE

Estimated Value: $528,000 - $573,121

4 Beds
2 Baths
1,636 Sq Ft
$339/Sq Ft Est. Value

Last Sold June 22, 2018

Last sale price $386,000 $236 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $3,782/month

14 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • Double Pane Windows

About This Home

As of June 2018

Perfect income producing property. The owner lives one 1 side and her mother lives in the other. No renters in the properties to deal with at COE. This property has a newer roof and has been updated with dual pane windows. Glass sliding doors have been added for easy backyard access. There is a 10'x10' shed in backyard. This is a must see property. Over the last year the seller has had a lot of interest from potential buyers.

Last Agent to Sell the Property

Burton Leitzell

S & S Realty License #01860357 Listed on: 05/09/2018

Last Buyer's Agent

Kanwaljeet Gill

Trumark Investments License #02043141

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,664

Year Built

  • Built in 1962

Lot Details

  • 6,643

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Double Pane Windows

Additional Features

  • 6,643 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 285-0224-005-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,664

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1962
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Disposal,Gas Water Heater
  • Flooring: Carpet,Linoleum/Vinyl
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Frame,Stone,Stucco,Wood
  • Disclosures/Documents: CC&Rs,None
  • Listing Price: 399950.00
  • Roof: Composition

Garage/Parking

  • Parking Features: Garage,1 Space Per Unit

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: See Remarks
  • Association: No

Schools

  • Senior High School District: San Juan Unified

Lot Info

  • Zoning Description: RD 10
  • Lot Size Acres: 0.1525
  • Lot Size Sq Ft: 6643

Rental Info

  • Tenant Pays: Other
  • Total # Leasable: 2

Multi Family

  • Gross Income: 32000
  • Income Includes: See Remarks
  • Existing Lease Type: See Remarks
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 285-0224-005-0000

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 11, 2022
Sold by
Karishma Kumar
Bought by
Vargas-Vargas Omar
Current Estimated Value
$558,858

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$515,490
Outstanding Balance
$493,370
Interest Rate
5.3%
Mortgage Type
FHA
Estimated Equity
$61,910

Purchase Details

Listed on
May 9, 2018
Closed on
Jun 19, 2018
Sold by
Smith Paula L Alvarado and Wroten Loretta M
Bought by
Kumar Karishma
Seller's Agent
Burton Leitzell
S & S Realty
Buyer's Agent
Kanwaljeet Gill
Trumark Investments
List Price
$399,950
Sold Price
$386,000
Premium/Discount to List
-$13,950
-3.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.22%
Original Mortgage
$379,008
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 18, 2018
Sold by
Smith Paula L Alvarado and Paula L Alvarado Smith Living
Bought by
Smith Paula L Alvarado and Wroten Loretta M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,750
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2016
Sold by
Smith Paula L Alvarado
Bought by
Smith Paula L Alvarado and The Paula L Alvarado Smith Liv

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,167
Interest Rate
3.99%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 10, 2009
Sold by
Smith Paula Alvarado
Bought by
The Paula L Alvarado Smith Living Trust

Purchase Details

Closed on
Dec 11, 2008
Sold by
Deutsche Bank National Trust Company
Bought by
Smith Paula Alvarado

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 27, 2008
Sold by
Horton James and Horton Loida
Bought by
Deutsche Bank National Trust Co and Imh Assets Corp

Purchase Details

Closed on
May 25, 2005
Sold by
Barrett William H and William H Barrett Revocable Tr
Bought by
Horton James and Horton Loida V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,800
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage
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
Vargas-Vargas Omar $525,000 Chicago Title
Vargas-Vargas Omar -- Chicago Title
Kumar Karishma $386,000 North American Title Company
Smith Paula L Alvarado -- None Available
Smith Paula L Alvarado -- None Available
Smith Paula L Alvarado -- None Available
The Paula L Alvarado Smith Living Trust -- None Available
The Paula L Alvarado Smith Living Trust -- None Available
Smith Paula Alvarado $180,000 First American Title Company
Deutsche Bank National Trust Co $280,500 First American Title Company
Horton James $384,000 Financial Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vargas-Vargas Omar $515,490
Previous Owner Kumar Karishma $379,008
Previous Owner Smith Paula L Alvarado $234,750
Previous Owner Smith Paula L Alvarado $184,167
Previous Owner Smith Paula L Alvarado $142,405
Previous Owner Smith Paula Alvarado $144,000
Previous Owner Horton James $268,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2018 06/22/18 Sold $386,000 -3.5% $236 / Sq Ft
05/23/2018 05/23/18 Pending -- -- --
05/09/2018 05/09/18 For Sale $399,950 -- $244 / 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 $8,664 $546,210 $163,863 $382,347
2024 $8,664 $535,500 $160,650 $374,850
2023 $8,652 $525,000 $157,500 $367,500
2022 $5,174 $413,867 $107,219 $306,648
2021 $5,090 $405,753 $105,117 $300,636
2020 $4,997 $401,594 $104,040 $297,554
2019 $4,899 $393,720 $102,000 $291,720
2018 $2,526 $203,708 $96,195 $107,513
2017 $2,523 $199,714 $94,309 $105,405
2016 $2,375 $195,799 $92,460 $103,339
2015 $2,335 $192,859 $91,072 $101,787
2014 $2,287 $189,083 $89,289 $99,794
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 18030198

MetroList

APN: 285-0224-005