NOT LISTED FOR SALE

2387 Gibson St Sacramento, CA 95815

Old North Sacramento Neighborhood

Estimated Value: $276,000 - $363,682

2 Beds
1 Bath
1,091 Sq Ft
$301/Sq Ft Est. Value

Last Sold February 26, 2016

Last sale price $122,500 $112 Per Sq Ft

Est. 157% increase in value since last sale

Current estimated payment $1,877/month

40 Days on Market

Highlights

  • 1 Fireplace
  • Living Room
  • 1-minute walk to Jack Rea Park
  • No HOA
  • 1-Story Property

About This Home

As of February 2016

CASH FLOW PROPERTY OR FIRST TIME BUYER HOME! OWN YOUR HOME FOR LESS THAN YOU CAN RENT IT FOR! Great floor plan and huge low maintance backyard. Long-term tenant have made some improvements and would like to stay. Currently on month-to-month. At this price it won't last.

Last Agent to Sell the Property

Roxanne McCaslin

eXp Realty of California Inc License #01228906 Listed on: 01/06/2016

eXp Realty of California Inc

Last Buyer's Agent

Roxanne McCaslin

eXp Realty of California Inc License #01228906 Listed on: 01/06/2016

eXp Realty of California Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,968

Year Built

  • Built in 1925

Lot Details

  • 7,841 Sq Ft Lot
  • Back Yard Fenced

Parking

  • 1 Car Garage

Home Design

  • Fixer Upper
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 1,091 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Living Room
  • Laundry in Garage

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Wall Furnace
  • 220 Volts
  • Shared Septic

Community Details

  • No Home Owners Association
  • North Sacramento 09 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 275-0027-009-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,968

Year Built

Built in 1925

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Subtype Description: Detached
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: No
  • Year Built: 1925
  • Architectural Style: Cottage/Bungalow
  • Stories: 1
  • Subdivision: North Sacramento 09
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Flooring: Wood,Linoleum/Vinyl
  • Bathroom Features: Tub w/Shower Over,Window
  • Bathrooms: 1.00
  • Dining Room Features: Dining/Living Combo,Space in Kitchen
  • Room Type: Baths Other
  • Price Per Square Foot: 112.28
  • Square Footage: 1091

Exterior Features

  • Construction Materials: Vinyl Siding,Wood
  • Disclosures/Documents: CC&Rs
  • Fencing: Back Yard
  • Foundation: Raised
  • Listing Price: 129500.00
  • Lot Features: Street Lights
  • Pool: No
  • Property Condition: Fixer
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Attached,RV Possible
  • Driveway/Sidewalks: Sidewalk/Curb/Gutter

Utilities

  • Sewer: Shared Septic
  • Cooling: Ceiling Fan(s),Wall Unit(s)
  • Electric: 220 Volts
  • Heating: Wall Furnace
  • Laundry Features: In Garage
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Galt Joint UHS

Lot Info

  • Zoning Description: RES
  • Irrigation: None
  • Lot Size Acres: 0.1800
  • Lot Dimensions: 49x161x49x161
  • Lot Size Sq Ft: 7841

Rental Info

  • Current Rent: 900

Tax Info

  • Assessor Parcel Number: 275-0027-009-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 15, 2019
Sold by
Rusty Rug Llc
Bought by
Torres Carmen
Current Estimated Value
$314,324

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,250
Outstanding Balance
$120,926
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$207,495

Purchase Details

Closed on
Feb 27, 2019
Sold by
Rusty Rug Llc
Bought by
Rusty Rug Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 2, 2018
Sold by
Capas Worldwide Llc
Bought by
Rusty Rug Llc

Purchase Details

Listed on
Jan 6, 2016
Closed on
Feb 23, 2016
Sold by
Sac Gibson Trust 2387
Bought by
Capas Worldwide Llc
Seller's Agent
Roxanne McCaslin
eXp Realty of California Inc
Buyer's Agent
Roxanne McCaslin
eXp Realty of California Inc
List Price
$129,500
Sold Price
$122,500
Premium/Discount to List
-$7,000
-5.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.96%
Original Mortgage
$110,000
Interest Rate
3.92%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 10, 2015
Sold by
Western States Limited
Bought by
Sac Gibson Trust 238#

Purchase Details

Closed on
Aug 13, 2009
Sold by
Gledhill Lindsay M
Bought by
Western States Limited

Purchase Details

Closed on
Feb 16, 2005
Sold by
Greer Harvey and Gledhill Lindsay
Bought by
Boutiful Family Lp

Purchase Details

Closed on
Jul 25, 2004
Sold by
Gledhill Lindsay M
Bought by
Gibson Street Trust #2387

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,800
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 21, 2004
Sold by
Graf M and Gibson Street Trust #2387
Bought by
Gledhill Lindsay M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,800
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 9, 2004
Sold by
Gledhill Lucia
Bought by
Gledhill Lindsay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,800
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 5, 2004
Sold by
Western Cities Llc
Bought by
The Gibson Street Trust #2387

Purchase Details

Closed on
Mar 2, 2004
Sold by
Ortiz Robert A and The Ortiz Family Trust
Bought by
Western Cities Llc

Purchase Details

Closed on
May 13, 1997
Sold by
Ortiz Robert A
Bought by
Ortiz Robert A and The Ortiz Family Trust
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
Torres Carmen -- First American Title Company
Rusty Rug Llc -- Orange Coast Title Company
Rusty Rug Llc -- None Available
Capas Worldwide Llc $11,000 Stewart Title Of Sacramento
Sac Gibson Trust 238# -- None Available
Western States Limited $41,950 None Available
Boutiful Family Lp -- --
Greer Harvey -- --
Gibson Street Trust #2387 -- --
Gledhill Lindsay M $211,000 Financial Title Company
Gledhill Lindsay -- Financial Title Company
The Gibson Street Trust #2387 -- --
Western Cities Llc $95,000 Old Republic Title Company
Ortiz Robert A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torres Carmen $137,250
Previous Owner Rusty Rug Llc $150,000
Previous Owner Capas Worldwide Llc $110,000
Previous Owner Western States Ltd Llc $111,921
Previous Owner Gledhill Lindsay M $168,800
Closed Gledhill Lindsay M $21,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2016 02/26/16 Sold $122,500 -5.4% $112 / Sq Ft
02/15/2016 02/15/16 Pending -- -- --
01/06/2016 01/06/16 For Sale $129,500 -- $119 / 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 $1,968 $145,007 $47,348 $97,659
2024 $1,968 $142,165 $46,420 $95,745
2023 $1,973 $139,378 $45,510 $93,868
2022 $1,870 $136,646 $44,618 $92,028
2021 $1,859 $133,968 $43,744 $90,224
2020 $1,839 $132,595 $43,296 $89,299
2019 $1,815 $129,997 $42,448 $87,549
2018 $1,720 $127,449 $41,616 $85,833
2017 $1,767 $124,950 $40,800 $84,150
2016 $1,145 $76,143 $40,610 $35,533
2015 $745 $45,105 $21,479 $23,626
2014 $756 $44,223 $21,059 $23,164
Source: Public Records

Agents Affiliated with this Home

  • Roxanne McCaslin

    Seller's Agent in 2016

    Roxanne McCaslin

    eXp Realty of California Inc

    (916) 240-2773

    245 Total Sales

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Map

Source: MetroList

MLS Number: 16000751

MetroList

APN: 275-0027-009

California Sacramento County Sacramento 95815 Old North Sacramento

2387 Gibson St, Sacramento, CA

This home is located at 2387 Gibson St, Sacramento, CA 95815 since 06 January 2016 and is currently estimated at $328,421, approximately $301 per square foot. This property was built in 1925. 2387 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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