NOT LISTED FOR SALE

Estimated Value: $880,025 - $959,000

3 Beds
2 Baths
2,031 Sq Ft
$453/Sq Ft Est. Value

Last Sold April 19, 2021

Last sale price $825,000 $406 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $5,873/month

8 Days on Market

Highlights

  • Tudor Architecture
  • 2-minute walk to 23Rd Street
  • No HOA
  • William Land Elementary School Rated A-

About This Home

As of April 2021

Beautiful exceptionally maintained 2-unit duplex. Tudor style home on vibrant tree-lined Midtown street. Hardwood floors, upgraded dual-pane windows, upgraded electric panels, and HVAC systems (both in 2017). Remodeled bathrooms and kitchens including stainless steel appliances, recessed LED HUE lighting, energy efficient Google home systems. Fenced off-street parking + 2 garages. One garage has a Level 2 EV charger. Each unit has it's own laundry with washer/dryers. Beautifully landscaped gated yard. Located one block from light rail station and walkable to all of the best restaurants, museums, shops, and nightlife Sacramento has to offer! Highly profitable income property comes with coveted and lucrative transferable Conditional Use Permit for short term rentals. Perfect for investor or owner occupant!

Last Agent to Sell the Property

Rosanna Garcia

Garcia Realty License #01058309 Listed on: 03/08/2021

Last Buyer's Agent

Aaron Ward

Mod Real Estate License #01947007

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,326

Year Built

  • Built in 1937 | Remodeled

Lot Details

  • 3,485

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage

Home Design

  • Duplex
  • Tudor Architecture
  • Raised Foundation
  • Composition Roof

Additional Features

  • 2-Story Property
  • 3,485 Sq Ft Lot
  • 220 Volts

Listing and Financial Details

  • Security Deposit $5,146
  • Tenant pays for electricity gas
  • Assessor Parcel Number 010-0036-008-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Newton Booth Subdivision

Building Details

  • 2 Leased Units
  • 1 Unit Leased Month-To-Month
  • Insurance Expense $1,798
  • Maintenance Expense $2,600
  • Other Expense $2,642

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,326

Year Built

Built in 1937 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Flats
  • Property Subtype 1: Duplex
  • Year Built: 1937
  • Architectural Style: Tudor
  • Levels: Two
  • Stories: 2
  • Subdivision: Newton Booth
  • Number of One Bedroom Units: 1
  • Number of Two Bedroom Units: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Range,Free Standing Refrigerator,Gas Water Heater,Dishwasher,Plumbed For Ice Maker,Disposal,ENERGY STAR Qualified Appliances
  • Flooring: Carpet,Stone,Tile,Wood
  • Window Features: Dual Pane Full,Window Coverings,Window Screens

Exterior Features

  • Construction Materials: Brick,Stucco,Frame
  • Disclosures/Documents: Rental/Lease Agmts,Disclosure Package Available,Seller Property Questionnaire,Structural Pest Control Report,Transfer Disclosure Statement,Historical Dist/Pres Easmt,Use Permit
  • Exterior Features: Fenced Yard,Yard Space
  • Foundation: Raised
  • Listing Price: 798000.00
  • Lot Features: Auto Sprinkler F&R,Shape Regular,Curbs/Gutters,Landscape Back,Landscape Front
  • Patio And Porch Features: Balcony/Deck,Uncovered Patio
  • Property Condition: Updated/Remodeled
  • Roof: Composition
  • View Description: City,City Lights

Garage/Parking

  • Open Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Off Street,Garage
  • Total Parking Spaces: 4

Utilities

  • Security: Carbon Mon Detector,Double Strapped Water Heater,Fire Extinguisher,Smoke Detector,Security Fence,Security Gate
  • Sewer: In & Connected,Public Sewer
  • Utilities: Natural Gas Connected,Cable Available,Internet Available
  • Cooling: Ceiling Fan(s),Central
  • Electric: 220 Volts
  • Heating: Central,Electric,Fireplace(s)
  • Laundry Features: Washer/Dryer Owned,In Each Unit,Washer/Dryer Hookups
  • Water Source: Meter on Site,Public
  • Utilities Expenses: 2300
  • Separate Meters: Electricity,Gas

Condo/Co-op/Association

  • Association: No
  • Floors: 2

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: R3A
  • Irrigation: Public District,Meter on Site
  • Lot Size Acres: 0.0800
  • Lot Size Sq Ft: 3485

Green Features

  • Energy Efficient: Appliances,Lighting,Thermostat,Windows

Rental Info

  • Tenant Pays: Electricity,Gas
  • Total Deposit: 5146
  • Lease Term: Varies By Unit
  • Total # Leasable: 2

Multi Family

  • Gross Income: 55752
  • Income Includes: Rent Only
  • Insurance Expense: 1798
  • Maintenance Expense: 2600
  • Number of Leased Units: 2
  • Number of Month to Month Units: 1
  • Number of Units: 2
  • Units Furnished: Varies By Unit
  • One Bedroom Annual Occupancy: 100
  • Two Bedroom Annual Occupancy: 100
  • One Bedrooms Occupied: 1
  • Two Bedrooms Occupied: 1
  • 1 Bedroom Rent Range: 2000-2200
  • Two Bedroom Rent Range: 2300-2500

Tax Info

  • Assessor Parcel Number: 010-0036-008-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2021
Closed on
Apr 14, 2021
Sold by
Rigoli Jacob A and Manwaring Sean
Bought by
Jung Michael J and Jung Juana T
Seller's Agent
Rosanna Garcia
Garcia Realty
Buyer's Agent
Aaron Ward
Mod Real Estate
List Price
$798,000
Sold Price
$825,000
Premium/Discount to List
$27,000
3.38%
Current Estimated Value
$919,756

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,756
Avg. Annual Appreciation
1.95%
Original Mortgage
$608,000
Outstanding Balance
$551,323
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$345,917

Purchase Details

Closed on
Feb 19, 2020
Sold by
Rigoli Jacob A
Bought by
Rigoli Jacob A and Manwaring Sean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.3%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 1, 2011
Sold by
Steele Brian C
Bought by
Rigoli Jacob A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,200
Interest Rate
4.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 23, 2008
Sold by
Donaldson Celine L
Bought by
Steele Brian C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 4, 2004
Sold by
Kost Mary Lu and John & Mary Lu Kost Revocable
Bought by
Donaldson Celine L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,200
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Jung Michael J $825,000 Placer Title Company
Rigoli Jacob A -- Placer Title Company
Rigoli Jacob A $409,000 Placer Title Company
Steele Brian C $405,000 Placer Title Company
Donaldson Celine L $500,500 Stewart Title Of Sacramento
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jung Michael J $608,000
Previous Owner Morgridge Sydnie A $100,000
Previous Owner Rigoli Jacob A $195,313
Previous Owner Rigoli Jacob A $320,000
Previous Owner Rigoli Jacob A $327,200
Previous Owner Steele Brian C $324,000
Previous Owner Donaldson Celine L $70,000
Previous Owner Donaldson Celine L $400,200
Closed Donaldson Celine L $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2021 04/19/21 Sold $825,000 +3.4% $406 / Sq Ft
03/16/2021 03/16/21 Pending -- -- --
03/07/2021 03/07/21 For Sale $798,000 -- $393 / 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 $10,326 $893,005 $351,789 $541,216
2024 $10,326 $875,496 $344,892 $530,604
2023 $10,082 $858,330 $338,130 $520,200
2022 $9,912 $841,500 $331,500 $510,000
2021 $5,604 $474,596 $203,066 $271,530
2020 $5,650 $469,730 $200,984 $268,746
2019 $5,451 $460,521 $197,044 $263,477
2018 $5,309 $451,492 $193,181 $258,311
2017 $5,235 $442,641 $189,394 $253,247
2016 $5,089 $433,963 $185,681 $248,282
2015 $5,014 $427,445 $182,892 $244,553
2014 $4,878 $419,073 $179,310 $239,763
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 221014678

MetroList

APN: 010-0036-008