NOT LISTED FOR SALE

2379 Gibson St Sacramento, CA 95815

Old North Sacramento Neighborhood

Estimated Value: $358,000 - $465,000

3 Beds
2 Baths
1,372 Sq Ft
$306/Sq Ft Est. Value

Last Sold October 06, 2023

Last sale price $400,000 $292 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,602/month

9 Days on Market

Highlights

  • No HOA
  • Refrigerated and Evaporative Cooling System
  • Carpet
  • Ceiling Fan
  • 2 Car Garage
  • 1-minute walk to Jack Rea Park

About This Home

As of October 2023

North Sacramento duplex priced under $400,000 offers a cash-flowing opportunity that's hard to find in today's market. The property features a 2bd/1ba unit currently rented with a dependable tenant of 8 years eager to stay, and a vacant, updated 1bd/1ba unit ready to rent. Its got ample parking, a long driveway, a detached garage, and a spacious lot for potential expansion. This is a great 1031 exchange, investment property, or live in one side and rent out the other.

Last Agent to Sell the Property

Robert Galakhov

eXp Realty of Northern California, Inc. License #02117605 Listed on: 09/13/2023

eXp Realty of Northern California, Inc.

Last Buyer's Agent

Swailim Swailim

Realty ONE Group Complete License #02055576

Realty ONE Group Complete

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,017

Year Built

  • Built in 1941

Lot Details

  • 6,534 Sq Ft Lot

Parking

  • 2 Car Garage
  • 2 Open Parking Spaces

Home Design

  • Duplex
  • Raised Foundation
  • Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 1-Story Property
  • Ceiling Fan

Flooring

  • Carpet
  • Laminate

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Refrigerated and Evaporative Cooling System
  • Wall Furnace
  • Natural Gas Connected
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number 275-0027-010-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • No Sacramento Sub 9 Subdivision

Building Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,017

Year Built

Built in 1941

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: House(s)
  • Property Subtype 1: Duplex
  • Stories: 1
  • Year Built: 1941
  • Stories: 1
  • Subdivision: No Sacramento Sub 9
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Refrigerator, Varies By Unit
  • Flooring: Carpet, Laminate
  • Price Per Square Foot: 291.55

Exterior Features

  • Construction Materials: Stucco, Frame, Wood
  • Foundation: Raised
  • Listing Price: 389900.00
  • Lot Features: Shape Regular
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 2.00
  • Garage Spaces: 2.00
  • Parking Features: Garage, Uncovered, Varies by Unit
  • Total Parking Spaces: 2.00

Utilities

  • Security: Carbon Mon Detector, Double Strapped Water Heater, Smoke Detector
  • Sewer: In & Connected
  • Utilities: Natural Gas Connected, Electric
  • Cooling: Ceiling Fan(s), Evaporative Cooler, Varies by Unit
  • Heating: Wall Furnace
  • Laundry Features: In Each Unit, Washer/Dryer Hookups
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Twin Rivers Unified

Lot Info

  • Zoning Description: R-1
  • Irrigation: None
  • Lot Size Acres: 0.1500
  • Lot Size Sq Ft: 6534.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Total # Leasable: 1

Multi Family

  • Income Includes: Rent Only
  • Number of Leased Units: 1
  • Number of Month to Month Units: 1
  • Number of Units: 2
  • Number of Vacant Units: 1

Tax Info

  • Assessor Parcel Number: 275-0027-010-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2023
Closed on
Oct 5, 2023
Sold by
Ironclad West Coast Llc
Bought by
Apura Rosie
Seller's Agent
Robert Galakhov
eXp Realty of Northern California, Inc.
Buyer's Agent
Swailim Swailim
Realty ONE Group Complete
List Price
$389,900
Sold Price
$400,000
Premium/Discount to List
$10,100
2.59%
Views
94
Current Estimated Value
$411,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,454
Avg. Annual Appreciation
2.67%
Original Mortgage
$300,000
Outstanding Balance
$294,757
Interest Rate
7.23%
Mortgage Type
New Conventional
Estimated Equity
$125,334

Purchase Details

Listed on
Sep 13, 2023
Closed on
Aug 24, 2023
Sold by
Lyons Duane
Bought by
Ironclad West Coast Llc
Seller's Agent
Robert Galakhov
eXp Realty of Northern California, Inc.
Buyer's Agent
Swailim Swailim
Realty ONE Group Complete
List Price
$389,900
Sold Price
$400,000
Premium/Discount to List
$10,100
2.59%
Views
94

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$294,757
Interest Rate
7.23%
Mortgage Type
New Conventional
Estimated Equity
$125,334

Purchase Details

Closed on
Jan 4, 2007
Sold by
Bartholomew Charles W
Bought by
Lyons Duane
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
Apura Rosie $400,000 Orange Coast Title
Ironclad West Coast Llc $300,000 Orange Coast Title
Lyons Duane $120,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Apura Rosie $300,000
Closed Ironclad West Coast Llc $286,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2023 10/06/23 Sold $400,000 +2.6% $292 / Sq Ft
09/22/2023 09/22/23 Pending -- -- --
09/13/2023 09/13/23 For Sale $389,900 -- $284 / 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 $5,017 $408,000 $122,400 $285,600
2024 $5,017 $400,000 $120,000 $280,000
2023 $2,248 $154,515 $57,941 $96,574
2022 $2,132 $151,486 $56,805 $94,681
2021 $2,118 $148,517 $55,692 $92,825
2020 $2,095 $146,995 $55,121 $91,874
2019 $2,067 $144,114 $54,041 $90,073
2018 $1,964 $82,976 $31,115 $51,861
2017 $1,272 $75,434 $28,287 $47,147
2016 $1,107 $67,353 $25,257 $42,096
2015 $1,007 $62,365 $23,387 $38,978
2014 $975 $57,216 $21,456 $35,760
Source: Public Records

Agents Affiliated with this Home

  • Robert Galakhov

    Seller's Agent in 2023

    Robert Galakhov

    eXp Realty of Northern California, Inc.

    (916) 596-5308

    2 in this area

    107 Total Sales

    Section Image
  • Swailim Swailim

    Buyer's Agent in 2023

    Swailim Swailim

    Realty ONE Group Complete

    (916) 969-6564

    1 in this area

    67 Total Sales

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Map

Source: MetroList

MLS Number: 223089277

MetroList

APN: 275-0027-010

California Sacramento County Sacramento 95815 Old North Sacramento

2379 Gibson St, Sacramento, CA

This home is located at 2379 Gibson St, Sacramento, CA 95815 since 13 September 2023 and is currently estimated at $420,091, approximately $306 per square foot. This property was built in 1941. 2379 Gibson St is a home located in Sacramento County with nearby schools including Las Palmas Elementary School West Campus, Las Palmas Elementary School, and Rio Tierra Junior 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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