NOT LISTED FOR SALE

Estimated Value: $965,812 - $1,085,000

4 Beds
4 Baths
2,800 Sq Ft
$365/Sq Ft Est. Value

Last Sold April 10, 2015

Last sale price $510,000 $182 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $5,972/month

129 Days on Market

Highlights

  • Contemporary Architecture
  • No HOA
  • Central Heating and Cooling System
  • Miwok Middle School Rated A-
  • Enclosed Patio or Porch
  • 3-minute walk to Grant Park

About This Home

As of April 2015

Great 4 unit building WITH INCOME UPSIDE in a quiet section of Midtown. Off street parking. On site laundry. Central HVAC. Dishwashers. New roof 2009. 3/4 units remodeled with granite, carpet and paint. Easy to rent apartments are close to freeways and parks. Walking distance to the best Midtown has to offer. Additional laundry and storage income available.

Last Agent to Sell the Property

David Macko

Nor Cal Commercial Real Estate License #01413910 Listed on: 10/29/2014

Last Buyer's Agent

David Macko

Nor Cal Commercial Real Estate License #01413910 Listed on: 10/29/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,473

Year Built

  • Built in 1974

Lot Details

  • 3,202

Home Design

  • Quadruplex
  • Contemporary Architecture
  • Flat Roof Shape

Parking

  • 4 Open Parking Spaces
  • 1 Parking Space Included

Additional Features

  • 2-Story Property
  • Enclosed Patio or Porch
  • 3,202 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable tv electricity
  • Assessor Parcel Number 003-0092-004-0000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Units Leased Month-To-Month
  • Operating Expense $11,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,473

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1974
  • Architectural Style: Contemporary
  • Stories: 2
  • Number of One Bedroom Units: 4
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2010

Interior Features

  • Appliances: Built-In Electric Oven,Dishwasher,Free Standing Electric Range
  • Flooring: Carpet,Laminate

Exterior Features

  • Construction Materials: Frame,Shingle Siding,Stucco
  • Disclosures/Documents: Rental/Lease Agmts,None
  • Listing Price: 519000.00
  • Patio And Porch Features: Enclosed Patio
  • Roof: Flat

Garage/Parking

  • Open Parking Spaces: 4
  • Parking Features: 1 Space Per Unit

Utilities

  • Cooling: Central
  • Heating: Central
  • Laundry Features: Washer/Dryer Owned,Washer/Dryer

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: Residential
  • Lot Size Acres: 0.0735
  • Lot Size Sq Ft: 3202

Rental Info

  • Tenant Pays: Cable TV,Electricity
  • Total # Leasable: 4

Multi Family

  • Gross Income: 34680
  • Operating Expense: 11900
  • Income Includes: Laundry
  • Number of Leased Units: 4
  • Number of Month to Month Units: 4
  • Number of Units: 4
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 003-0092-004-0000

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2014
Closed on
Mar 26, 2015
Sold by
Luca Michael
Bought by
Revesz Thomas I and Revesz Eva M
Seller's Agent
David Macko
Nor Cal Commercial Real Estate
Buyer's Agent
David Macko
Nor Cal Commercial Real Estate
List Price
$519,000
Sold Price
$510,000
Premium/Discount to List
-$9,000
-1.73%
Current Estimated Value
$1,021,953

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$511,953
Avg. Annual Appreciation
6.80%

Purchase Details

Closed on
May 20, 2013
Sold by
Luca Shari Lynn
Bought by
Luca Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 2004
Sold by
Bagneschi Dean and Bagneschi Melissa
Bought by
Warren Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,500
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 24, 2003
Sold by
Ricca Frank S and Ricca Frank
Bought by
Bagneschi Dean and Bagneschi Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,000
Interest Rate
4.81%

Purchase Details

Closed on
Jun 27, 2001
Sold by
Ricca Michelle
Bought by
Ricca Frank S

Purchase Details

Closed on
Feb 23, 2000
Sold by
Ricca Frank S
Bought by
Ricca Frank S and Ricca Michele
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
Revesz Thomas I $510,000 Placer Title Company
Luca Michael -- Placer Title Company
Warren Elizabeth A $530,000 Fidelity National Title Co
Bagneschi Dean -- First American Title Insuran
Ricca Frank S -- --
Ricca Frank S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Luca Michael $315,000
Previous Owner Warren Elizabeth A $397,500
Previous Owner Bagneschi Dean $258,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/10/2015 04/10/15 Sold $510,000 -1.7% $182 / Sq Ft
03/06/2015 03/06/15 Pending -- -- --
10/28/2014 10/28/14 For Sale $519,000 -- $185 / 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 $7,473 $612,931 $183,877 $429,054
2024 $7,473 $600,914 $180,272 $420,642
2023 $7,298 $589,133 $176,738 $412,395
2022 $7,174 $577,582 $173,273 $404,309
2021 $6,840 $566,258 $169,876 $396,382
2020 $6,890 $560,453 $168,135 $392,318
2019 $6,746 $549,465 $164,839 $384,626
2018 $6,571 $538,692 $161,607 $377,085
2017 $6,481 $528,131 $158,439 $369,692
2016 $6,287 $517,777 $155,333 $362,444
2015 $4,898 $396,443 $118,931 $277,512
2014 $4,772 $388,678 $116,602 $272,076
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 14068002

MetroList

APN: 003-0092-004