NOT LISTED FOR SALE

2390 Edgewater Rd Sacramento, CA 95815

Noralto Neighborhood

Estimated Value: $330,000 - $384,000

2 Beds
2 Baths
1,200 Sq Ft
$288/Sq Ft Est. Value

Last Sold April 12, 2018

Last sale price $194,000 $162 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $2,079/month

60 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • 4-minute walk to Jack Rea Park
  • Double Pane Windows

About This Home

As of April 2018

Here's an excellent, affordable entry into investing in real estate. Solid, easy to manage duplex with stable, long-term, reliable tenants. New dual pane windows in these two one-bedroom units, not updated inside but the tenants are happy with the way things are, in good basic condition. Some new fencing surrounding large, private yards. Enclosed 1-car garage for each unit.

Last Agent to Sell the Property

Frank Lindsen

Frank F Lindsen License #00902674 Listed on: 01/04/2018

Last Buyer's Agent

Francisco Macias

Realty Resolutions License #01429139

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 6,970 Sq Ft Lot

Parking

  • 2 Car Garage
  • 1 Parking Space Included

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Double Pane Windows

Utilities

  • No Cooling
  • Wall Furnace
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $800
  • Tenant pays for electricity gas
  • Assessor Parcel Number 275-0022-001-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • North Sacramento Subdivision

Building Details

  • 2 Leased Units
  • 2 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

6,970 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1948
  • Architectural Style: Ranch
  • Stories: 1
  • Subdivision: North Sacramento
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Oven,Free Standing Gas Range
  • Flooring: Carpet,Linoleum/Vinyl
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Frame,Stucco
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,None
  • Listing Price: 199900.00
  • Roof: Composition

Garage/Parking

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

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Utilities: Cable Available
  • Cooling: None
  • Heating: Wall Furnace

Condo/Co-op/Association

  • Association Features: Yard Space
  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: R-1
  • Lot Size Acres: 0.1600
  • Lot Size Sq Ft: 6970

Rental Info

  • Tenant Pays: Electricity,Gas
  • Total Deposit: 800
  • Total # Leasable: 2

Multi Family

  • Income Includes: Rent Only
  • Number of Leased Units: 2
  • Number of Month to Month Units: 2
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 275-0022-001-0000

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 18, 2018
Sold by
Gonzalez Cortez Mana Sylvia and Gonzalez Lopez Juan M
Bought by
Gonzalez Lopez Juan M and Cortez Maria S
Current Estimated Value
$345,029

Purchase Details

Listed on
Jan 4, 2018
Closed on
Apr 6, 2018
Sold by
Duffey Seth L and Murdock Emily J
Bought by
Gonzalez Cortez Maria S and Gonzalez Lopez Juan M
Seller's Agent
Frank Lindsen
Frank F Lindsen
Buyer's Agent
Francisco Macias
Realty Resolutions
List Price
$215,000
Sold Price
$194,000
Premium/Discount to List
-$21,000
-9.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.49%
Original Mortgage
$120,000
Outstanding Balance
$103,174
Interest Rate
4.43%
Mortgage Type
New Conventional
Estimated Equity
$241,855

Purchase Details

Listed on
Feb 12, 2013
Closed on
Feb 26, 2013
Sold by
Renfro Nolen
Bought by
Duffey Seth L and Murdock Emily J
Seller's Agent
Zack Alber
Tower Real Estate Brokers Inc.
Buyer's Agent
Frank Lindsen
Frank F Lindsen
List Price
$95,000
Sold Price
$94,000
Premium/Discount to List
-$1,000
-1.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.20%
Original Mortgage
$70,500
Interest Rate
3.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 22, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Renfro Nolen

Purchase Details

Closed on
Jun 29, 2007
Sold by
Williams Katina
Bought by
Deutsche Bank National Trust Co and New Century Home Equity Loan Trust Serie

Purchase Details

Closed on
Feb 27, 2006
Sold by
Williams Timothy Paul
Bought by
Williams Katina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
8.27%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gonzalez Lopez Juan M -- None Available
Gonzalez Cortez Maria S $194,000 Fidelity National Title Comp
Duffey Seth L $94,000 First American Title Company
Renfro Nolen $70,000 Lsi Title Company Ca
Deutsche Bank National Trust Co $273,810 Accommodation
Williams Katina -- Chicago Title Co
Williams Katina $310,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Cortez Maria S $120,000
Previous Owner Duffey Seth L $70,500
Previous Owner Williams Katina $248,000
Previous Owner Williams Katina $62,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/12/2018 04/12/18 Sold $194,000 -9.8% $162 / Sq Ft
03/05/2018 03/05/18 Pending -- -- --
01/04/2018 01/04/18 For Sale $215,000 +128.7% $179 / Sq Ft
02/28/2013 02/28/13 Sold $94,000 -1.1% $78 / Sq Ft View Prior Sale
02/13/2013 02/13/13 Pending -- -- --
02/12/2013 02/12/13 For Sale $95,000 -- $79 / Sq Ft
Source: MetroList

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 $2,824 $220,733 $56,889 $163,844
2024 $2,824 $216,406 $55,774 $160,632
2023 $2,834 $212,164 $54,681 $157,483
2022 $2,679 $208,005 $53,609 $154,396
2021 $2,665 $203,927 $52,558 $151,369
2020 $2,637 $201,837 $52,020 $149,817
2019 $2,603 $197,880 $51,000 $146,880
2018 $1,436 $101,726 $43,287 $58,439
2017 $1,472 $99,733 $42,439 $57,294
2016 $1,422 $97,778 $41,607 $56,171
2015 $1,346 $96,311 $40,983 $55,328
2014 $1,368 $94,426 $40,181 $54,245
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2018

    Frank Lindsen

    Frank F Lindsen

    Section Image
  • Francisco Macias

    Buyer's Agent in 2018

    Francisco Macias

    Realty Resolutions

    (916) 856-0623

    40 Total Sales

    Francisco Macias
    Section Image
  • Zack Alber

    Seller's Agent in 2013

    Zack Alber

    Tower Real Estate Brokers Inc.

    (916) 628-2787

    3 in this area

    40 Total Sales

    Zack Alber
    Section Image
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Map

Source: MetroList

MLS Number: 18000510

MetroList

APN: 275-0022-001

California Sacramento County Sacramento 95815 Noralto

2390 Edgewater Rd, Sacramento, CA

Not Listed for Sale

MultiFamily

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