NOT LISTED FOR SALE

Estimated Value: $670,000 - $808,000

2 Beds
2 Baths
1,600 Sq Ft
$460/Sq Ft Est. Value

Last Sold October 24, 2014

Last sale price $395,000 $247 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $4,554/month

6 Days on Market

Highlights

  • Spanish Architecture
  • No HOA
  • 1-Story Property
  • Miwok Middle School Rated A-

About This Home

As of October 2014

Stunning Spanish Style Duplex in the heart of Midtown Sacramento and is loaded with charm & character. Exterior is old Spanish wedding style thick stucco on home & detached garage. Features Hardwood Floors, Tapered fireplaces, Inside Laundry Room, Built-In Cabinets & Detached Garages. One unit has an additional office nook area w/ skylight above. Long term tenants - rents are low for units of this quality & location. In addition to stated rents, one garage is also rented for $100 mo.

Last Agent to Sell the Property

Brian McMartin

McMartin Realty License #00997069 Listed on: 10/01/2014

Last Buyer's Agent

Heath Paulat

eXp Realty of California, Inc. License #01840811

eXp Realty of California, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,247

Year Built

  • Built in 1930

Lot Details

  • 3,049

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Spanish Architecture

Additional Features

  • 1-Story Property
  • 3,049 Sq Ft Lot

Listing and Financial Details

  • Security Deposit $2,000
  • Tenant pays for electricity gas
  • Assessor Parcel Number 003-0146-003-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Leased Unit
  • 1 Unit Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,247

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1930
  • Architectural Style: Spanish
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher,Free Standing Gas Oven,Varies By Unit
  • Other Equipment: Varies by Unit
  • Flooring: Wood,Varies by Unit,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Frame,Stucco
  • Disclosures/Documents: See Remarks
  • Listing Price: 395000.00
  • Patio And Porch Features: Varies by Unit,See Remarks
  • Roof: Flat,Tile,See Remarks

Garage/Parking

  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Garage,Varies by Unit

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Cooling: Ceiling Fan(s),Wall Unit(s),Window Unit(s),Varies by Unit
  • Heating: Floor Furnace,Heat Pump,Wall Furnace,Varies by Unit
  • Laundry Features: Washer/Dryer Owned,Washer/Dryer

Condo/Co-op/Association

  • Association Features: Laundry Hook-Up in Units,Varies By Unit
  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: R-1B-S
  • Lot Size Acres: 0.0700
  • Lot Size Sq Ft: 3049

Rental Info

  • Tenant Pays: Electricity,Gas
  • Total Deposit: 2000

Multi Family

  • Gross Income: 25920
  • Income Includes: Parking,See Remarks
  • Existing Lease Type: See Remarks
  • Number of Leased Units: 1
  • Number of Month to Month Units: 1
  • Number of Units: 2
  • Units Furnished: None
  • Gross Income Multiplier: 15.200

Tax Info

  • Assessor Parcel Number: 003-0146-003-0000
  • Current RE Taxes: 2247

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2014
Closed on
Dec 3, 2014
Sold by
Ginga Etelka
Bought by
Ginga Etelka and The Ginga 2008 Revocable Livin
Seller's Agent
Brian McMartin
McMartin Realty
Buyer's Agent
Heath Paulat
eXp Realty of California, Inc.
List Price
$395,000
Sold Price
$395,000
Current Estimated Value
$745,172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$350,172
Avg. Annual Appreciation
5.95%

Purchase Details

Listed on
Oct 1, 2014
Closed on
Oct 22, 2014
Sold by
Hall Matthew I and Gilbertson Erica I
Bought by
Ginga Etelka
Seller's Agent
Brian McMartin
McMartin Realty
Buyer's Agent
Heath Paulat
eXp Realty of California, Inc.
List Price
$395,000
Sold Price
$395,000

Purchase Details

Closed on
Nov 16, 1999
Sold by
Drobisch Denman
Bought by
Hall Matthew I and Gilbertson Erica L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,200
Interest Rate
7.95%
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
Ginga Etelka -- None Available
Ginga Etelka $395,000 Chicago Title Company
Hall Matthew I $144,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hall Matthew I $227,000
Previous Owner Hall Matthew I $88,000
Previous Owner Hall Matthew I $227,500
Previous Owner Hall Matthew I $180,000
Previous Owner Hall Matthew I $115,200
Closed Hall Matthew I $14,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2014 10/24/14 Sold $395,000 0.0% $247 / Sq Ft
10/07/2014 10/07/14 Pending -- -- --
10/01/2014 10/01/14 For Sale $395,000 -- $247 / 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 $5,686 $474,719 $141,812 $332,907
2024 $5,686 $465,412 $139,032 $326,380
2023 $5,553 $456,287 $136,306 $319,981
2022 $5,459 $447,341 $133,634 $313,707
2021 $5,203 $438,570 $131,014 $307,556
2020 $5,245 $434,074 $129,671 $304,403
2019 $5,135 $425,564 $127,129 $298,435
2018 $5,002 $417,221 $124,637 $292,584
2017 $4,934 $409,042 $122,194 $286,848
2016 $4,800 $401,023 $119,799 $281,224
2015 $4,730 $395,000 $118,000 $277,000
2014 $2,263 $180,535 $50,145 $130,390
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 14062437

MetroList

APN: 003-0146-003