NOT LISTED FOR SALE

2405 Cava Ct Sacramento, CA 95825

Northrup Neighborhood

Estimated Value: $695,000 - $745,000

6 Beds
7 Baths
3,500 Sq Ft
$206/Sq Ft Est. Value

Last Sold September 20, 2019

Last sale price $530,000 $151 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $4,437/month

27 Days on Market

About This Home

As of September 2019

4 Plex in Northrop Estates being sold 'as is' Do Not Disturb Tenants.2 bedrooms 1 bath each. Units 1,2,& 3 had fresh paint & new carpets 2014,2015 & 2017 respectively. #2 has upgraded kitchen with granite counter tops. Long term tenants with rents below market. Covered carport parking. Laundry room with leased washer & dryer. No HOA; Central Heat; Wall A/C in liv.rms & 1 bedroom ea unit. Common Water Heater hot water paid by owner; Expenses included, PGE,Smud,W/S/G. Avg Mo,: Gas is $ 76; Elec $25;Sewer $185;Water $200; Garbage $190 Yd $100. All units Average Condition. Some have new blinds & screens.

Last Agent to Sell the Property

Gayle Lake

LGL Properties, Inc. License #00472690 Listed on: 07/13/2019

Last Buyer's Agent

Dan Marinelli

Sun Country Investments License #01920169

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,134

Year Built

  • Built in 1963

Lot Details

  • 7,998 Sq Ft Lot

Home Design

  • Quadruplex
  • Split Level Home
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Free-Standing Electric Oven
  • Leased Washer and Dryer

Parking

  • 4 Parking Spaces
  • 4 Covered Spaces

Utilities

  • Central Heating
  • Private Water Source
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for rent only
  • Assessor Parcel Number 285-0251-004-0000

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Northrop Estates Subdivision

Building Details

  • 4 Units Leased Month-To-Month
  • Operating Expense $14,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,134

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1963
  • Architectural Style: Tract,Traditional
  • Levels: MultiSplit
  • Stories: 2
  • Subdivision: Northrop Estates
  • Number of Two Bedroom Units: 4
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Electric Oven
  • Flooring: Carpet,Tile,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Stucco,Wood
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,None
  • Foundation: Slab
  • Listing Price: 525000.00
  • Roof: Composition

Garage/Parking

  • Covered Parking Spaces: 4
  • Parking Features: Carport,1 Space Per Unit
  • Total Parking Spaces: 4

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Cooling: Ceiling Fan(s),Wall Unit(s)
  • Heating: Central
  • Laundry Features: Washer/Dryer Leased
  • Water Source: Private

Condo/Co-op/Association

  • Association Features: Yard Space
  • Association: No

Schools

  • Senior High School District: San Juan Unified

Lot Info

  • Zoning Description: RD-20
  • Lot Size Acres: 0.1836
  • Lot Dimensions: see assessors map
  • Lot Size Sq Ft: 7998

Rental Info

  • Tenant Pays: Rent Only

Multi Family

  • Gross Income: 34800
  • Operating Expense: 14100
  • Income Includes: Rent Only
  • Number of Month to Month Units: 4
  • Number of Units: 4
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 285-0251-004-0000
  • Bonds/Assessments/Taxes Description: Local Assessments,Other
  • Bonds/Assessments/Taxes: Yes

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2019
Closed on
Sep 12, 2019
Sold by
Bates Denise P and Denise Bates Living Trust
Bought by
Caruso John Vincent and Caruso Peggy
Seller's Agent
Gayle Lake
LGL Properties, Inc.
Buyer's Agent
Dan Marinelli
Sun Country Investments
List Price
$575,000
Sold Price
$530,000
Premium/Discount to List
-$45,000
-7.83%
Current Estimated Value
$721,164

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,164
Avg. Annual Appreciation
5.38%
Original Mortgage
$397,500
Outstanding Balance
$349,698
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$375,458

Purchase Details

Closed on
Aug 2, 2017
Sold by
Bates Daniel P and Bates Denise P
Bought by
Bates Denlse P and Denise Bates Living Trust

Purchase Details

Closed on
Sep 8, 2012
Sold by
Bates Denise P
Bought by
Bates Denise P and Denise Bates Living Trust

Purchase Details

Closed on
Aug 10, 1998
Sold by
Parisek Carol and Parisek Charles
Bought by
Bates Daniel P and Bates Denise P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,600
Interest Rate
6.88%
Source: Public Records

Range of Values:

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Average Value
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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
Caruso John Vincent $530,000 Placer Title Company
Bates Denlse P -- Accommodation
Bates Denise P -- None Available
Bates Daniel P $122,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Caruso John Vincent $397,500
Previous Owner Bates Daniel P $97,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2019 09/20/19 Sold $530,000 +1.0% $151 / Sq Ft
08/09/2019 08/09/19 Pending -- -- --
08/05/2019 08/05/19 Price Changed $525,000 -8.7% $150 / Sq Ft
08/05/2019 08/05/19 For Sale $575,000 0.0% $164 / Sq Ft
07/22/2019 07/22/19 Pending -- -- --
07/13/2019 07/13/19 For Sale $575,000 -- $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 $7,134 $579,628 $191,386 $388,242
2024 $7,134 $568,264 $187,634 $380,630
2023 $6,957 $557,122 $183,955 $373,167
2022 $6,918 $546,199 $180,349 $365,850
2021 $6,806 $535,490 $176,813 $358,677
2020 $6,683 $530,000 $175,000 $355,000
2019 $2,366 $171,436 $42,153 $129,283
2018 $2,313 $168,076 $41,327 $126,749
2017 $2,319 $164,781 $40,517 $124,264
2016 $2,123 $161,551 $39,723 $121,828
2015 $2,088 $159,126 $39,127 $119,999
2014 $2,046 $156,010 $38,361 $117,649
Source: Public Records

Agents Affiliated with this Home

  • Gayle Lake

    Seller's Agent in 2019

    Gayle Lake

    LGL Properties, Inc.

    (916) 427-4766

    11 Total Sales

    Gayle Lake
    Section Image

  • D

    Buyer's Agent in 2019

    Dan Marinelli

    Sun Country Investments

    (916) 698-2928

    53 Total Sales

    Dan Marinelli
    Section Image
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Map

Source: MetroList

MLS Number: 19049578

MetroList

APN: 285-0251-004

California Sacramento County Sacramento 95825 Northrup

2405 Cava Ct, Sacramento, CA

This home is located at 2405 Cava Ct, Sacramento, CA 95825 since 13 July 2019 and is currently estimated at $721,164, approximately $206 per square foot. This property was built in 1963. 2405 Cava Ct is a home located in Sacramento County with nearby schools including Greer Elementary School, Encina Preparatory High School, and Gateway International 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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