NOT LISTED FOR SALE

2532 Garfield Ave Carmichael, CA 95608

Carmichael Town Center Neighborhood

Estimated Value: $600,000 - $767,000

4 Beds
4 Baths
2,600 Sq Ft
$259/Sq Ft Est. Value

Last Sold July 30, 2014

Last sale price $352,000 $135 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $3,937/month

94 Days on Market

Highlights

  • No HOA
  • Covered Patio or Porch
  • Laundry Facilities
  • Rio Americano High School Rated A-
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of July 2014

Own a four plex in a great Carmichael location. Property is well maintained with long term tenants. Building was remodeled and updated in 2004. Check out this income property in a quiet area. Price reduced to sell!

Last Agent to Sell the Property

Vita Santos

Triad Property Services, Inc. License #01318231 Listed on: 04/04/2014

Last Buyer's Agent

Sam Mehran

Dynamic Real Estate License #01095999

Property Details

Home Type

  • Multi-Family

Year Renovated

  • 2004

Lot Details

  • 0.32

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Window Treatments

Parking

  • 8 Open Parking Spaces
  • 1 Parking Space Included

Additional Features

  • Covered Patio or Porch
  • 0.32 Acre Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable tv electricity
  • Assessor Parcel Number 272-0312-029-0000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Leased Units
  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Year Renovated

2004

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Architectural Style: Ranch,Cottage/Bungalow
  • Stories: 1
  • Year Built Details: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2004

Interior Features

  • Appliances: Disposal,Free Standing Electric Range,Free Standing Refrigerator
  • Flooring: Carpet,Tile
  • Window Features: Window Coverings

Exterior Features

  • Construction Materials: Brick,Stucco,Wood
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts
  • Listing Price: 365000.00
  • Patio And Porch Features: Covered Patio
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 8
  • Parking Features: Guest Parking Available,Open,1+ Space Per Unit

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: Separate Laundry Facility
  • Association: No

Schools

  • Senior High School District: San Juan Unified

Lot Info

  • Zoning Description: RD20
  • Lot Size Acres: 0.3231
  • Lot Size Sq Ft: 14074

Rental Info

  • Tenant Pays: Cable TV,Electricity
  • Total # Leasable: 4

Multi Family

  • Income Includes: Rent Only
  • Number of Leased Units: 3
  • Number of Units: 4
  • Number of Vacant Units: 1
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 272-0312-029-0000

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2014
Closed on
Jul 25, 2014
Sold by
Linde Reed and Linde Anna Myra
Bought by
Zand Cameron
Seller's Agent
Vita Santos
Triad Property Services, Inc.
Buyer's Agent
Sam Mehran
Dynamic Real Estate
List Price
$409,000
Sold Price
$352,000
Premium/Discount to List
-$57,000
-13.94%
Current Estimated Value
$672,833

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$320,833
Avg. Annual Appreciation
5.83%
Original Mortgage
$264,000
Outstanding Balance
$200,787
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$472,046

Purchase Details

Closed on
Jun 15, 2004
Sold by
Asset Management & Planning Inc
Bought by
Linde Reed and Linde Anne Myra

Purchase Details

Closed on
Jun 26, 1996
Sold by
Isaacs William and Isaacs Patricia Ann
Bought by
Asset Management & Planning Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,381
Interest Rate
8.01%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Zand Cameron $352,000 Fidelity National Title
Linde Reed $375,000 Fidelity National Title Co
Asset Management & Planning Inc $35,000 Commonwealth Land Title Ins
Asset Management & Planning Inc $35,000 Commonwealth Land Title Ins
Ski Lola Mae -- Commonwealth Land Title Ins
Asset Management & Planning Inc $35,000 Commonwealth Land Title Ins
Asset Management & Planning Inc $35,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zand Cameron $264,000
Previous Owner Asset Management & Planning Inc $102,381
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2014 07/30/14 Sold $352,000 -13.9% $135 / Sq Ft
07/07/2014 07/07/14 Pending -- -- --
04/04/2014 04/04/14 For Sale $409,000 -- $157 / 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 $5,026 $423,040 $156,236 $266,804
2024 $5,026 $414,746 $153,173 $261,573
2023 $4,946 $406,615 $150,170 $256,445
2022 $4,848 $398,643 $147,226 $251,417
2021 $4,768 $390,828 $144,340 $246,488
2020 $4,679 $386,821 $142,860 $243,961
2019 $4,585 $379,237 $140,059 $239,178
2018 $4,524 $371,802 $137,313 $234,489
2017 $4,488 $364,513 $134,621 $229,892
2016 $4,193 $357,367 $131,982 $225,385
2015 $4,207 $352,000 $130,000 $222,000
2014 $5,166 $434,929 $197,169 $237,760
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2014

    Vita Santos

    Triad Property Services, Inc.

  • S

    Buyer's Agent in 2014

    Sam Mehran

    Dynamic Real Estate

    (916) 765-1080

    3 Total Sales

    Sam Mehran
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Map

Source: MetroList

MLS Number: 14019821

MetroList

APN: 272-0312-029

California Sacramento County Carmichael 95608 Carmichael Town Center

2532 Garfield Ave, Carmichael, CA

Not Listed for Sale

MultiFamily

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