NOT LISTED FOR SALE

Estimated Value: $643,351 - $776,000

5 Beds
3 Baths
200 Sq Ft
$3,439/Sq Ft Est. Value

Last Sold November 15, 2019

Last sale price $485,000 $2,425 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $4,172/month

28 Days on Market

Highlights

  • Contemporary Architecture
  • No HOA
  • 2 Car Garage
  • Rio Americano High School Rated A-
  • Central Heating and Cooling System
  • 3-minute walk to Cardinal Oaks Park

About This Home

As of November 2019

Fantastic Carmichael location, property in excellent repair and professional managed. Property consist of one 3bed/2ba unit renting for $1,795 and one 2bed/1ba unit currently renting for $1,200- long term occupant. The larger 3bed. unit will be vacating by 9/12 and will be re-renting for $1,825. Units have large private back yards, fireplace, w/d interior hook ups and modern kitchens with dishwasher and disposal.

Last Agent to Sell the Property

Jim Drazenovich

Brittain Commercial License #00891047 Listed on: 08/28/2019

Last Buyer's Agent

Roger Qutami

Excel Realty Inc. License #01749289

Excel Realty Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,299

Year Built

  • Built in 1979

Lot Details

  • 8,734

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Contemporary Architecture
  • Slab Foundation
  • Wood Roof

Interior Spaces

  • 1-Story Property
  • Window Treatments
  • Linoleum Flooring

Additional Features

  • 8,734 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity gas
  • Assessor Parcel Number 283-0020-037-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,299

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1979
  • Architectural Style: Contemporary
  • Stories: 1
  • Number of Two Bedroom Units: 1
  • Number of Three Bedroom Units: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher,Disposal,Free Standing Electric Range,Free Standing Refrigerator
  • Flooring: Linoleum/Vinyl
  • Window Features: Window Coverings

Exterior Features

  • Construction Materials: Frame,Wood
  • Disclosures/Documents: None
  • Foundation: Slab
  • Listing Price: 505000.00
  • Roof: Wood

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: Laundry Hook-Up in Units,Public Trans Nearby,Yard Space
  • Association: No

Schools

  • Senior High School District: San Juan Unified

Lot Info

  • Zoning Description: RD-5
  • Lot Size Acres: 0.2005
  • Lot Size Sq Ft: 8734

Rental Info

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

Multi Family

  • Gross Income: 35940
  • Income Includes: Rent Only
  • Existing Lease Type: See Remarks
  • Number of Month to Month Units: 2
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 283-0020-037-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2019
Closed on
Nov 6, 2019
Sold by
Franz Judith E and Franz Family Trust
Bought by
Yasir Khaleel and Alameen Zuhal
Seller's Agent
Jim Drazenovich
Brittain Commercial
Buyer's Agent
Roger Qutami
Excel Realty Inc.
List Price
$505,000
Sold Price
$485,000
Premium/Discount to List
-$20,000
-3.96%
Current Estimated Value
$687,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,838
Avg. Annual Appreciation
6.08%
Original Mortgage
$476,215
Outstanding Balance
$417,004
Interest Rate
3.37%
Mortgage Type
FHA
Estimated Equity
$270,834

Purchase Details

Closed on
Feb 14, 2013
Sold by
Franz Jack B and Franz Judith E
Bought by
Franz Jack B and Franz Judith E
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
Yasir Khaleel $485,000 Fidelity National Title Co
Franz Jack B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yasir Khaleel $476,215
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2019 11/15/19 Sold $485,000 -4.0% $2,425 / Sq Ft
09/25/2019 09/25/19 Pending -- -- --
08/28/2019 08/28/19 For Sale $505,000 -- $2,525 / 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 $6,299 $530,414 $131,235 $399,179
2024 $6,299 $520,014 $128,662 $391,352
2023 $6,199 $509,819 $126,140 $383,679
2022 $6,852 $499,823 $123,667 $376,156
2021 $5,975 $490,024 $121,243 $368,781
2020 $5,864 $485,000 $120,000 $365,000
2019 $2,470 $203,013 $45,766 $157,247
2018 $2,438 $199,033 $44,869 $154,164
2017 $2,418 $195,132 $43,990 $151,142
2016 $2,260 $191,307 $43,128 $148,179
2015 $2,265 $188,435 $42,481 $145,954
2014 $2,219 $184,744 $41,649 $143,095
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 19061191

MetroList

APN: 283-0020-037