NOT LISTED FOR SALE

2421 Northrop Ave Sacramento, CA 95825

Northrup Neighborhood

Estimated Value: $657,000 - $945,772

8 Beds
4 Baths
3,513 Sq Ft
$237/Sq Ft Est. Value

Last Sold March 21, 2019

Last sale price $690,000 $196 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $5,315/month

7 Days on Market

Highlights

  • Traditional Architecture
  • Forced Air Heating System
  • 4-minute walk to Swanston Park
  • Double Pane Windows
  • Fenced

About This Home

As of March 2019

Exquisitely remodeled through out. All 2 bedroom. Close to Shopping, Schools, Transportation. In the fast growing area of Arden Arcade. New roof, new kitchen, New bathroom, New paint, New floor, New exterior paint, New double pane windows.

Last Agent to Sell the Property

Mohsen Nejad

Mohsen Nejad, Broker License #01232216 Listed on: 01/29/2019

Last Buyer's Agent

Todd Stewart

Paradise Residential Brokerage License #01081408

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,373

Year Built

  • 1963

Lot Details

  • 6,778 Sq Ft Lot
  • Fenced

Parking

  • 4 Car Garage
  • Garage Door Opener

Home Design

  • Quadruplex
  • Traditional Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,513 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Fire and Smoke Detector

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $60,000

Community Details

Overview

Building Details

  • 4 Leased Units
  • Gardener Expense $400
  • Insurance Expense $2,600
  • Maintenance Expense $500
  • Other Expense $400
  • Utility Expense $60
  • Trash Expense $1,400
  • Operating Expense $10,060
  • Gross Income $58,394

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,373

Year Built

1963

Lot Details

0

Parking

4

Listing Details

  • Zoning: RD-20
  • Subclass: Fourplex
  • Style: Traditional
  • Age: 56
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3513
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1963

Interior Features

  • Living Sq Ft: 3513
  • Stories: 2
  • Security: Fire Alarm

Exterior Features

  • Foundation: Concrete Slab, Wood Frame
  • Roof: Shingle
  • Yard/Grounds: Fenced
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 4
  • Garage Parking Features: Attached Garage, Covered Parking, Gate / Door Opener

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: San Juan Unified

Lot Info

  • Lot Description: Regular
  • Lot Acres: 0.1556
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6776.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6776.00

Green Features

  • Energy Features: Double Pane Windows

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Lease Agreement - Written, Lease(s)
  • Gross Rent Multiplier: 11.54
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Natural Gas, Public Utilities
  • Expense Insurance: 2600
  • Expense Landscape: 400
  • Expense Maintenance: 500
  • Expenses Other: 400
  • Expenses Total: 10060
  • Expenses Utility: 60
  • Expense Trash: 1400
  • Income Annual Gross: 58394.00
  • Income Annual Rental: 60000
  • Income Gross Scheduled: 60200
  • Income Includes: Laundry, Lease
  • Income Other: 200
  • Meters: Master Electric, Master Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Equipment/Fixture Rental, Fee - Property Tax, Insurance, Loan - Mortgage, Maintenance, Maintenance - Exterminator, Services - Sewer, Services - Trash Removal, Utilities - Gas, Utilities - Water
  • Tenant Expenses: Maintenance - Exterior, Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2019
Closed on
Mar 20, 2019
Sold by
Nejad Moshen
Bought by
King Eugene
Seller's Agent
Mohsen Nejad
Mohsen Nejad, Broker
Buyer's Agent
Todd Stewart
Paradise Residential Brokerage
List Price
$695,000
Sold Price
$690,000
Premium/Discount to List
-$5,000
-0.72%
Current Estimated Value
$832,193

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,193
Avg. Annual Appreciation
2.95%
Original Mortgage
$690,000
Outstanding Balance
$606,633
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$225,560

Purchase Details

Listed on
Dec 29, 2017
Closed on
Jan 20, 2018
Sold by
Mashtoub Saad and Sarad Vijay
Bought by
Nejad Mohsen
Seller's Agent
Ron Benning
LPT Realty, Inc
Buyer's Agent
Mohsen Nejad
Mohsen Nejad, Broker
List Price
$449,900
Sold Price
$448,000
Premium/Discount to List
-$1,900
-0.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.58%
Original Mortgage
$400,000
Interest Rate
4.22%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Dec 13, 2010
Sold by
Mashtoub Saad and Sarad Vijay
Bought by
Saramash Property Holdings Llc

Purchase Details

Closed on
Sep 27, 2010
Sold by
Saramash Property Holdings Llc
Bought by
Mashtoub Saad and Sarad Vijay

Purchase Details

Closed on
Jan 28, 2010
Sold by
Krishan Kirti
Bought by
Sarad Vijay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,125
Interest Rate
5.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 25, 2008
Sold by
Middleton Dennis D and Middleton Pamela M
Bought by
Rain Fall Lp

Purchase Details

Closed on
Oct 27, 2005
Sold by
Lucks Gary Alan and Gibson Lisa Marie
Bought by
Middleton Dennis D and Middleton Pamela M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$429,350
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 11, 2005
Sold by
Lgl Properties North Llc
Bought by
Lucks Gary Alan and Gibson Lisa Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$429,350
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 13, 2004
Sold by
Lucks Gary Alan and Gibson Lisa Marie
Bought by
Lgl Properties North Llc

Purchase Details

Closed on
Aug 6, 2002
Sold by
Cummings David L and Self Janet L
Bought by
Lucks Gary Alan and Gibson Lisa Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
6.52%

Purchase Details

Closed on
Sep 26, 1996
Sold by
Lasich Michael F
Bought by
Cummings David L and Self Janet L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,200
Interest Rate
7.87%

Purchase Details

Closed on
Sep 16, 1996
Sold by
Lasich Lynda Gentry
Bought by
Lasich Michael F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,200
Interest Rate
7.87%
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
King Eugene $690,000 Fidelity National Title Co
Nejad Mohsen $448,000 Chicago Title Company
Saramash Property Holdings Llc -- None Available
Mashtoub Saad -- None Available
Sarad Vijay -- Placer Title Company
Mashtoub Saad -- Placer Title Company
Mashtoub Saad $217,500 Placer Title Company
Rain Fall Lp -- None Available
Middleton Dennis D $572,500 Chicago Title Co
Lucks Gary Alan -- Chicago Title Co
Lgl Properties North Llc -- --
Lucks Gary Alan $360,000 First American Title Ins Co
Cummings David L $157,000 Stewart Title
Lasich Michael F -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open King Eugene $690,000
Previous Owner Nejad Mohsen $400,000
Previous Owner Mashtoub Saad $153,750
Previous Owner Mashtoub Saad $163,125
Previous Owner Middleton Dennis D $429,350
Previous Owner Lucks Gary Alan $85,850
Previous Owner Lucks Gary Alan $297,500
Previous Owner Lucks Gary Alan $270,000
Previous Owner Cummings David L $125,200
Closed Cummings David L $15,655
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2019 03/21/19 Sold $690,000 -0.7% $196 / Sq Ft
02/06/2019 02/06/19 Pending -- -- --
01/29/2019 01/29/19 For Sale $695,000 +55.1% $198 / Sq Ft
01/24/2018 01/24/18 Sold $448,000 -0.4% $133 / Sq Ft
01/10/2018 01/10/18 Pending -- -- --
12/29/2017 12/29/17 For Sale $449,900 -- $133 / Sq Ft
Source: MLSListings

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 $9,373 $769,704 $156,171 $613,533
2024 $9,373 $754,612 $153,109 $601,503
2023 $9,140 $739,816 $150,107 $589,709
2022 $9,089 $725,311 $147,164 $578,147
2021 $8,942 $711,090 $144,279 $566,811
2020 $8,779 $703,800 $142,800 $561,000
2019 $5,804 $456,960 $102,000 $354,960
2018 $3,274 $246,739 $105,502 $141,237
2017 $3,269 $241,902 $103,434 $138,468
2016 $3,017 $237,159 $101,406 $135,753
2015 $2,967 $233,597 $99,883 $133,714
2014 $2,907 $229,022 $97,927 $131,095
Source: Public Records

Agents Affiliated with this Home

  • Mohsen Nejad

    Seller's Agent in 2019

    Mohsen Nejad

    Mohsen Nejad, Broker

    (650) 207-3200

    8 Total Sales

    Mohsen Nejad
    Section Image

  • T

    Buyer's Agent in 2019

    Todd Stewart

    Paradise Residential Brokerage

  • Ron Benning

    Seller's Agent in 2018

    Ron Benning

    LPT Realty, Inc

    (916) 730-3846

    91 Total Sales

    Ron Benning
    Section Image
  • Shawn Mileham

    Seller Co-Listing Agent in 2018

    Shawn Mileham

    LPT Realty, Inc

    (916) 806-5496

    41 Total Sales

    Shawn Mileham
    Section Image
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Map

Source: MLSListings

MLS Number: ML81736873

MLSListings

APN: 285-0252-004

California Sacramento County Sacramento 95825 Northrup

2421 Northrop Ave, Sacramento, CA

This home is located at 2421 Northrop Ave, Sacramento, CA 95825 since 29 January 2019 and is currently estimated at $832,193, approximately $236 per square foot. This property was built in 1963. 2421 Northrop Ave is a home located in Sacramento County with nearby schools including Greer Elementary School, Encina Preparatory High School, and Gateway International School.

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