NOT LISTED FOR SALE

Estimated Value: $402,000 - $550,000

4 Beds
2 Baths
1,826 Sq Ft
$271/Sq Ft Est. Value

Last Sold September 18, 2017

Last sale price $308,000 $169 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $2,991/month

5 Days on Market

Highlights

  • Contemporary Architecture
  • Central Heating and Cooling System
  • 1-Story Property
  • No HOA

About This Home

As of September 2017

GREAT OPPORTUNITY FOR OWNER BUYER - LIVE IN ONE SIDE OF DUPLEX AND RENT OUT THE OTHER * LOCATION NEAR ARDEN MANOR **** EACH SIDE OF DUPLEX FEATURES A FULL 2 BDRMS, 1 BA, WITH AN ATTACHED GARAGE (AND LAUNDRY LOCATED IN GARAGE) AND A PRIVATE RD (YARD ON OTHER SIDE IS LARGER) **** Located near SAC STATE UNIVERSITY, TONS OF SHOPPING AND TRANSPORTATION ***** GREAT DUPLEX FOR A GREAT PRICE!!

Last Agent to Sell the Property

Brian McMartin

McMartin Realty License #00997069 Listed on: 08/11/2017

Last Buyer's Agent

Sorina Tanase

RE/MAX Gold License #01812616

RE/MAX Gold

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,299

Year Built

  • Built in 1962

Lot Details

  • 6,856 Sq Ft Lot

Parking

  • 2 Car Garage
  • 1 Parking Space Included

Home Design

  • Duplex
  • Contemporary Architecture
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Built-In Electric Oven

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity gas
  • Assessor Parcel Number 285-0225-008-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Bella Terrace Subdivision

Building Details

  • 1 Leased Unit
  • 1 Vacant Unit
  • 1 Unit Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,299

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

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

Interior Features

  • Appliances: Built-In Electric Oven
  • Other Equipment: Varies by Unit
  • Flooring: Carpet,Tile,Varies by Unit

Exterior Features

  • Construction Materials: Brick Veneer,Frame,Wood
  • Disclosures/Documents: CC&Rs,Structural Pest Control Report
  • Listing Price: 300000.00
  • Patio And Porch Features: Uncovered Patio,Varies by Unit
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage,1 Space Per Unit

Utilities

  • Security: Carbon Mon Detector,Smoke Detector,Varies By Unit
  • Utilities: Cable Available
  • Cooling: Central
  • Heating: Central
  • Laundry Features: Washer/Dryer Owned,Washer/Dryer

Condo/Co-op/Association

  • Association Features: Laundry Hook-Up in Units,Owner's Unit
  • Association: No

Schools

  • Senior High School District: San Juan Unified

Lot Info

  • Zoning Description: RD-10
  • Lot Size Acres: 0.1574
  • Lot Size Sq Ft: 6856

Rental Info

  • Tenant Pays: Electricity,Gas
  • Total # Leasable: 1

Multi Family

  • Gross Income: 22000
  • Income Includes: Rent Only,See Remarks
  • Existing Lease Type: See Remarks
  • Number of Leased Units: 1
  • Number of Month to Month Units: 1
  • Number of Units: 2
  • Number of Vacant Units: 1
  • Units Furnished: None
  • Gross Income Multiplier: 12.500

Tax Info

  • Assessor Parcel Number: 285-0225-008-0000

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2017
Closed on
Sep 13, 2017
Sold by
Mikula Chad Michael and Chad Michael Mikula Revocable
Bought by
Unk Robert and Unk Loana
Seller's Agent
Brian McMartin
McMartin Realty
Buyer's Agent
Sorina Tanase
RE/MAX Gold
List Price
$300,000
Sold Price
$308,000
Premium/Discount to List
$8,000
2.67%
Current Estimated Value
$494,685

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,685
Avg. Annual Appreciation
6.05%
Original Mortgage
$231,000
Outstanding Balance
$193,057
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
$301,628

Purchase Details

Closed on
Jan 17, 2014
Sold by
Mikula Chad Michael
Bought by
Mikula Chad Michael and The Chad Michael Mikula Revoca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,700
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2007
Sold by
Mikula Chad M
Bought by
Mikula Chad Michael and The Chad Michael Mikula Revoca

Purchase Details

Closed on
Oct 6, 2006
Sold by
Schatz Paul M and The Paul M Schatz Trust
Bought by
Mikula Chad

Purchase Details

Closed on
Apr 11, 2006
Sold by
Mikula Chad
Bought by
Mikula Chad and Schatz Paul M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,600
Interest Rate
6.2%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 4, 2006
Sold by
Miller Carl Hubert and Miller Pauline Evelyn
Bought by
Mikula Chad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,600
Interest Rate
6.2%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 10, 1999
Sold by
Miller Carl H and Miller Pauline E
Bought by
Miller Carl Hubert and Miller Pauline Evelyn
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
Unk Robert $308,000 Chicago Title Company
Mikula Chad Michael -- Lsi
Mikula Chad Michael -- Lsi
Mikula Chad Michael -- None Available
Mikula Chad -- None Available
Mikula Chad -- Placer Title Company
Mikula Chad $387,000 Placer Title Company
Miller Carl Hubert -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Unk Robert $231,000
Previous Owner Mikula Chad Michael $304,700
Previous Owner Mikula Chad $309,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/18/2017 09/18/17 Sold $308,000 +2.7% $169 / Sq Ft
08/16/2017 08/16/17 Pending -- -- --
08/11/2017 08/11/17 For Sale $300,000 -- $164 / 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 $4,299 $350,446 $113,781 $236,665
2024 $4,299 $343,575 $111,550 $232,025
2023 $4,193 $336,839 $109,363 $227,476
2022 $4,169 $330,235 $107,219 $223,016
2021 $4,102 $323,761 $105,117 $218,644
2020 $4,028 $320,443 $104,040 $216,403
2019 $3,949 $314,160 $102,000 $212,160
2018 $3,880 $308,000 $100,000 $208,000
2017 $3,826 $298,541 $82,928 $215,613
2016 $3,432 $279,011 $77,503 $201,508
2015 $3,269 $265,726 $73,813 $191,913
2014 $3,174 $257,986 $71,663 $186,323
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 17051504

MetroList

APN: 285-0225-008