Seller's Agent in 2022
Erica Cunningham
Rohe, Inc.
(916) 835-5088
16 in this area
25 Total Sales
2439 Binnen Ln Sacramento, CA 95818
Land Park NeighborhoodEstimated Value: $717,000 - $914,000
2
Beds
3
Baths
1,777
Sq Ft
$447/Sq Ft
Est. Value
Highlights
- New Construction
- Gated Community
- Green Roof
- William Land Elementary School Rated A-
- City Lights View
- 3-minute walk to O'Neil Park
About This Home
As of March 2022A rare opportunity to acquire brand new Modern housing located in an exciting, highly desirable urban environment. Premium lot! Other duplexes within the same community receive $4000/mo. in gross rents. Projected gross rents for this premium unit is over $4,500/mo. The ground floor flat enjoys street parking, in unit storage and a separate entrance. The upper level flat enjoys City views from the generous rooftop terrace and includes a light-filled bonus loft and one car garage. A community greenspace invites residents to participate in activity and conversation. Design-forward Modern features include polished concrete floors, site finished hardwood, floor to ceiling glazing, frameless cabinetry, LED lighting, high efficiency systems and wiring for electric car charging. Built by Indie Capital. Own exciting, urban housing within a brand new courtyard community just minutes to DOCO, Southside Park and the bike trail.
Last Buyer's Agent
Mitchell Todd
Tam Realty License #01410737
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,009
Year Built
- Built in 2021 | New Construction
Lot Details
- 1,477 Sq Ft Lot
- Landscaped
- Private Yard
HOA Fees
- $128 Monthly HOA Fees
Home Design
- Duplex
- Contemporary Architecture
- Modern Architecture
- Flat Roof Shape
- Slab Foundation
- Elastomeric Roof
- Wood Siding
- Concrete Perimeter Foundation
- Stucco
Interior Spaces
- 3-Story Property
- Ceiling Fan
- Double Pane Windows
- ENERGY STAR Qualified Windows with Low Emissivity
- City Lights Views
Kitchen
- Free-Standing Electric Range
- Plumbed For Ice Maker
- Dishwasher
- Disposal
Flooring
- Wood
- Concrete
- Tile
Laundry
- Laundry in unit
- Washer and Dryer Hookup
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
- Fire Sprinkler System
Parking
- 1 Car Attached Garage
- Electric Vehicle Home Charger
- On-Street Parking
Eco-Friendly Details
- Green Roof
- Energy-Efficient Appliances
- Energy-Efficient Construction
- Energy-Efficient Lighting
Outdoor Features
- Balcony
- Covered Patio or Porch
Location
- Property is near public transit
Utilities
- Central Heating and Cooling System
- Cooling System Powered By Renewable Energy
- Separate Meters
- 220 Volts
- ENERGY STAR Qualified Water Heater
Listing and Financial Details
- Tenant pays for cable TV, electricity, water
- Assessor Parcel Number 009-0510-017-000
Community Details
Overview
- Association fees include ground maintenance
- 2 Units
- 9Th & Broadway Owners Association, Phone Number (916) 243-0082
- Mandatory home owners association
Building Details
- 2 Vacant Units
- Insurance Expense $950
- Maintenance Expense $500
- Other Expense $1,536
- Professional Management Expense $2,191
- Net Operating Income $38,914
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 10, 2022
Closed on
Mar 26, 2022
Sold by
Albert Todd Mitchell and Albert Marie Julie
Bought by
2017 Todd Family Revocable Trust
Seller's Agent
Erica Cunningham
Rohe, Inc.
Buyer's Agent
Mitchell Todd
Tam Realty
List Price
$819,000
Sold Price
$809,000
Premium/Discount to List
-$10,000
-1.22%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,742
Avg. Annual Appreciation
1.06%
Original Mortgage
$606,750
Outstanding Balance
$568,496
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$271,049
Purchase Details
Listed on
Jan 10, 2022
Closed on
Mar 11, 2022
Sold by
West Broadway Llc
Bought by
Todd Mitchell Albert and Todd Julie Marie
Seller's Agent
Erica Cunningham
Rohe, Inc.
Buyer's Agent
Mitchell Todd
Tam Realty
List Price
$819,000
Sold Price
$809,000
Premium/Discount to List
-$10,000
-1.22%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$606,750
Outstanding Balance
$568,496
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$271,049
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 2017 Todd Family Revocable Trust | -- | None Listed On Document | |
| Todd Mitchell Albert | $809,000 | Placer Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Todd Mitchell Albert | $606,750 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/18/2022 03/18/22 | Sold | $809,000 | -1.2% | $455 / Sq Ft |
| 02/21/2022 02/21/22 | Pending | -- | -- | -- |
| 02/21/2022 02/21/22 | Off Market | $819,000 | -- | -- |
| 01/31/2022 01/31/22 | For Sale | $819,000 | -- | $461 / Sq Ft |
Source: MetroList
Tax History Compared to Growth
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 | $10,168 | $858,516 | $265,302 | $593,214 |
| 2024 | $10,168 | $841,683 | $260,100 | $581,583 |
| 2023 | $9,927 | $825,180 | $255,000 | $570,180 |
| 2022 | $3,749 | $291,984 | $46,984 | $245,000 |
| 2021 | $1,620 | $120,063 | $46,063 | $74,000 |
| 2020 | $718 | $45,591 | $45,591 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Erica Cunningham
-
Jennifer Johnson
Seller Co-Listing Agent in 2022
Jennifer Johnson
Compass
(916) 209-0303
11 in this area
29 Total Sales
-
M
Buyer's Agent in 2022
Mitchell Todd
Tam Realty
Map
Source: MetroList
MLS Number: 222010059
APN: 009-0510-017
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