$515,000
SOLD FEB 19, 2025
4 Beds
2 Baths
1,710 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$301 Per Sq Ft

1% Below List Price

136 Days on Market

Highlights

  • Corner Lot
  • Covered Patio or Porch
  • Central Heating
  • No HOA
  • Fenced Yard
  • Playground

About This Home

As of February 2025

2241 Kim Ave and 2440 Cadjew Ave: DUPLEX in quiet Meadowview area. Both are 2/1 units with laminate flooring, newer kitchens, large fenced yards and individual 1 car garages. Low rents with room to grow.

Last Agent to Sell the Property

Peter Schimmelfennig

All Terrain Realty License #01922963 Listed on: 09/04/2024

Last Buyer's Agent

Non-MLS Member

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,172

Year Built

  • Built in 1962

Lot Details

  • 10,019 Sq Ft Lot
  • Dog Run
  • Fenced Yard
  • Corner Lot

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage
  • Off-Street Parking

Home Design

  • Duplex
  • Raised Foundation
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1-Story Property
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Laminate

Outdoor Features

  • Covered Patio or Porch
  • Playground

Utilities

  • Window Unit Cooling System
  • Central Heating
  • Natural Gas Connected
  • Property is located within a water district
  • Gas Water Heater
  • Septic System
  • High Speed Internet
  • Satellite Dish

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection, water
  • Assessor Parcel Number 053-0082-026-000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Meadowview Village 04 Subdivision

Building Details

  • 2 Leased Units
  • 2 Units Leased Month-To-Month
  • Net Lease
  • Insurance Expense $1,270
  • Professional Management Expense $2,842
  • Operating Expense $4,324

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,172

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Subtype Description: Class A Building
  • Property Subtype 1: Duplex
  • Year Built: 1962
  • Stories: 1
  • Subdivision: Meadowview Village 04
  • Number of Two Bedroom Units: 2
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Laminate

Exterior Features

  • Construction Materials: Stucco, Wood
  • Exterior Features: Dog Run, Fenced Yard, Yard Space, Play Area
  • Foundation: Raised
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 514000.00
  • Lot Features: Corner, Private
  • New Construction: No
  • Patio And Porch Features: Covered Patio
  • Pool: No
  • Roof: Shingle, Composition
  • Spa: No
  • Topography: Trees Many,Trees Many

Garage/Parking

  • Open Parking Spaces: 2.00
  • Garage Spaces: 2.00
  • Parking Features: Off Street
  • Total Parking Spaces: 4.00

Utilities

  • Security: Varies By Unit
  • Sewer: Public Sewer, Septic Connected
  • Utilities: Natural Gas Connected, Dish Antenna, Electric, Internet Available
  • Cooling: Window Unit(s)
  • Heating: Central, Gas
  • Laundry Features: Washer/Dryer Hookups
  • Water Source: Water District
  • Utilities Expenses: 3640

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning: R1
  • Irrigation: Meter on Site
  • Lot Size Acres: 0.2300
  • Lot Size Sq Ft: 10019.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection, Water
  • Lease Expiration Date: 1800-01-011800-01-01
  • Lease Type: Net

Multi Family

  • Gross Income: 28140
  • Operating Expense: 4324
  • Income Includes: ["Rent Only"]
  • Total Number Leasable: 2
  • Insurance Expense: 1270
  • Number of Leased Units: 2
  • Number of Month to Month Units: 2
  • Number of Units: 2

Tax Info

  • Assessor Parcel Number: 053-0082-026-000
  • Current RE Taxes: 6172
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2024
Closed on
Feb 7, 2025
Sold by
Jimenez Octavio
Bought by
Saechao David Foumeng
Seller's Agent
Peter Schimmelfennig
All Terrain Realty
Buyer's Agent
Non-MLS Member
Non-MLS Office
List Price
$520,000
Sold Price
$515,000
Premium/Discount to List
-$5,000
-0.96%
Views
65
Current Estimated Value
$519,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,325
Avg. Annual Appreciation
1.63%
Original Mortgage
$500,535
Outstanding Balance
$498,431
Interest Rate
6.93%
Mortgage Type
VA
Estimated Equity
$21,430

Purchase Details

Listed on
Aug 13, 2021
Closed on
Nov 15, 2021
Sold by
Equcap Llc
Bought by
Jimenez Octavio
Seller's Agent
Steven Lynch
Lynch Realty
Buyer's Agent
Sandra Zambrano
Realty ONE Group Zoom
List Price
$450,000
Sold Price
$390,000
Premium/Discount to List
-$60,000
-13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.90%
Original Mortgage
$331,500
Interest Rate
2.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 2013
Sold by
Equcap Llc
Bought by
Equicap Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,000
Interest Rate
3.38%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jun 16, 2008
Sold by
Haywood Daniel S
Bought by
Equicap Llc

Purchase Details

Closed on
Aug 2, 2007
Sold by
Haywood Laura
Bought by
Haywood Daniel S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 1, 2007
Sold by
Beltran Sarah G
Bought by
Haywood Daniel S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 12, 2003
Sold by
Beltran Sarah G and Hernandez Rosa E
Bought by
Beltran Sarah G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,100
Interest Rate
6.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 2003
Sold by
Beltran Sarah G
Bought by
Beltran Sarah G and Hernandez Rosa E

Purchase Details

Closed on
Dec 12, 2002
Sold by
Banger Harish K
Bought by
Beltran Sarah G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,400
Interest Rate
6.62%

Purchase Details

Closed on
Aug 5, 1999
Sold by
Cruz Clarebel
Bought by
Banger Harish K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,350
Interest Rate
10.12%

Purchase Details

Closed on
Aug 3, 1999
Sold by
Charles E & Imogene Green Trust and Charles E
Bought by
Banger Harish K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,350
Interest Rate
10.12%

Purchase Details

Closed on
Feb 10, 1995
Sold by
Green Charles E and Green Imogene
Bought by
Green Charles E and Green Imogene
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 Type Sale Price Title Company
Grant Deed $515,000 Chicago Title
Grant Deed $515,000 Chicago Title
Grant Deed $390,000 Chicago Title Company
Grant Deed $390,000 Chicago Title Company
Grant Deed -- Placer Title Company
Grant Deed -- None Available
Interfamily Deed Transfer -- Financial Title Company
Grant Deed $202,000 Financial Title Company
Interfamily Deed Transfer -- Commonwealth Land Title Co
Interfamily Deed Transfer -- --
Grant Deed $153,000 Chicago Title Company
Interfamily Deed Transfer -- Financial Title Company
Grant Deed $81,500 Financial Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $500,535 VA
Closed $500,535 VA
Previous Owner $331,500 New Conventional
Previous Owner $218,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $210,000 Purchase Money Mortgage
Previous Owner $163,100 New Conventional
Previous Owner $122,400 No Value Available
Previous Owner $73,350 No Value Available
Closed $22,950 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2025 02/19/25 Sold $515,000 +0.2% $301 / Sq Ft
01/18/2025 01/18/25 Pending -- -- --
12/17/2024 12/17/24 Price Changed $514,000 -1.2% $301 / Sq Ft
11/11/2024 11/11/24 For Sale $520,000 0.0% $304 / Sq Ft
09/26/2024 09/26/24 Pending -- -- --
09/04/2024 09/04/24 For Sale $520,000 +33.3% $304 / Sq Ft
11/17/2021 11/17/21 Sold $390,000 0.0% $228 / Sq Ft
11/12/2021 11/12/21 Off Market $390,000 -- --
09/10/2021 09/10/21 Pending -- -- --
08/13/2021 08/13/21 For Sale $450,000 -- $263 / 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 $5,046 $413,870 $106,120 $307,750
2024 $5,046 $405,756 $104,040 $301,716
2023 $4,920 $397,800 $102,000 $295,800
2022 $4,851 $390,000 $100,000 $290,000
2021 $2,719 $212,347 $66,736 $145,611
2020 $2,732 $210,170 $66,052 $144,118
2019 $2,676 $206,050 $64,757 $141,293
2018 $2,606 $202,011 $63,488 $138,523
2017 $2,565 $198,051 $62,244 $135,807
2016 $2,497 $194,169 $61,024 $133,145
2015 $2,455 $191,254 $60,108 $131,146
2014 $2,400 $187,509 $58,931 $128,578
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 224098343

MetroList

APN: 053-0082-026