NOT LISTED FOR SALE

2328 Morell St Sacramento, CA 95833

South Natomas Neighborhood

Estimated Value: $743,000 - $827,000

8 Beds
4 Baths
3,016 Sq Ft
$260/Sq Ft Est. Value

Last Sold July 11, 2016

Last sale price $385,000 $128 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $5,062/month

15 Days on Market

Highlights

  • 0.5 Acre Lot
  • Covered Patio or Porch
  • 1-Story Property
  • No HOA
  • Double Pane Windows

About This Home

As of July 2016

Fantastic rental property in River Gardens. Two duplexes on one huge lot feature 2 bedrooms/ 1 bath each and feature 1 car garages, washer/dryer hook ups, fenced backyards with covered patios and ample parking in a quiet neighborhood just minutes from Downtown. Increase rents and watch your income soar in an up and coming neighborhood.

Last Agent to Sell the Property

Jake Stanfill

North Coast Commercial, Inc. License #01914043 Listed on: 06/02/2016

Last Buyer's Agent

Jake Stanfill

North Coast Commercial, Inc. License #01914043 Listed on: 06/02/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 0.5

Parking

  • 4 Open Parking Spaces
  • 4 Car Garage

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Double Pane Windows

Utilities

  • Window Unit Cooling System
  • Wall Furnace

Additional Features

  • Covered Patio or Porch
  • 0.5 Acre Lot

Listing and Financial Details

  • Security Deposit $2,700
  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 274-0084-010-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units
  • River Gardens Subdivision

Building Details

  • 4 Leased Units
  • 3 Units Leased Month-To-Month
  • Insurance Expense $2,900
  • Operating Expense $5,154

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Parking

4

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1959
  • Stories: 1
  • Subdivision: River Gardens
  • Number of Two Bedroom Units: 4
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Electric Oven,Built-In Electric Range,Dishwasher,Disposal,Free Standing Electric Range,Free Standing Refrigerator,Microwave
  • Flooring: Carpet,Tile,Wood,Linoleum/Vinyl
  • Window Features: Dual Pane Partial

Exterior Features

  • Construction Materials: Frame,Stucco
  • Disclosures/Documents: Rental/Lease Agmts,None
  • Listing Price: 395000.00
  • Patio And Porch Features: Covered Patio
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 4
  • Garage Spaces: 4
  • Parking Features: Garage,1 Space Per Unit

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Utilities: Cable Available,TV Antenna
  • Cooling: Window Unit(s)
  • Heating: Wall Furnace
  • Utilities Expenses: 4081

Condo/Co-op/Association

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

Schools

  • Senior High School District: Twin Rivers Unified

Lot Info

  • Zoning Description: R-1
  • Lot Size Acres: 0.5000
  • Lot Size Sq Ft: 21780

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas
  • Total Deposit: 2700
  • Total # Leasable: 4

Multi Family

  • Gross Income: 38280
  • Operating Expense: 5154
  • Income Includes: Rent Only
  • Insurance Expense: 2900
  • Number of Leased Units: 4
  • Number of Month to Month Units: 3
  • Number of Units: 4
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 274-0084-010-0000

MLS Schools

  • School District (County): Sacramento

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2016 07/11/16 Sold $385,000 -2.5% $128 / Sq Ft
06/10/2016 06/10/16 Pending -- -- --
05/26/2016 05/26/16 For Sale $395,000 -- $131 / Sq Ft
Source: MetroList

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Jake Stanfill

    North Coast Commercial, Inc.

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Map

Source: MetroList

MLS Number: 16034735

MetroList

APN: 274-0084-010

California Sacramento County Sacramento 95833 South Natomas

2328 Morell St, Sacramento, CA

This home is located at 2328 Morell St, Sacramento, CA 95833 since 02 June 2016 and is currently estimated at $785,000, approximately $260 per square foot. This property was built in 1959. 2328 Morell St is a home located in Sacramento County with nearby schools including Woodlake Elementary School, Rio Tierra Junior High School, and Grant Union High School.

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.

MetroList IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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