NOT LISTED FOR SALE

Estimated Value: $540,793 - $609,000

4 Beds
3 Baths
2,214 Sq Ft
$258/Sq Ft Est. Value

Last Sold July 20, 2021

Last sale price $495,000 $224 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,707/month

35 Days on Market

Highlights

  • Wood Flooring
  • Fenced Yard
  • Central Heating and Cooling System
  • No HOA
  • Double Pane Windows

About This Home

As of July 2021

Don't miss a wonderful opportunity to own a well maintained income properties around. This beautiful duplex on the end of a quite court, has long term tenants, and will provide excellent rental income for new owners. 2604 has a 2 bed 2 bath unit, with stable tenants until July 2022, and boasts new floors, new baseboards, new paint, and new dishwasher. 2606 is a 2 bed 1 bath unit, with stable clean tenant, and was updated shortly prior to owners purchase with new dishwasher as well. Both units have their own private back yards fenced and separate. Won't last long

Last Listed By

Joseph Rondone

Maremonte Realty Inc License #01941020 Listed on: 05/17/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,070

Year Built

  • Built in 1977

Lot Details

  • 6,970 Sq Ft Lot
  • Fenced Yard
  • Irregular Lot

Parking

  • 4 Open Parking Spaces
  • 1 Car Garage

Home Design

  • Duplex
  • Concrete Foundation
  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • Double Pane Windows
  • Laundry in unit

Kitchen

  • Built-In Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • 220 Volts
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, grounds care
  • Assessor Parcel Number 058-0420-024-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • 1-Story Property

Amenities

  • Laundry Facilities

Building Details

  • 2 Leased Units
  • Insurance Expense $1,139
  • Maintenance Expense $2,108
  • Other Expense $1,741
  • Net Operating Income $20,295

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,070

Year Built

Built in 1977

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Subtype Description: House(s)
  • Property Subtype 1: Duplex
  • Stories: 1
  • Year Built: 1977
  • Architectural Style: Other
  • Levels: One
  • Stories: 11
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Electric Range, Gas Water Heater, Microwave, Dishwasher, Disposal
  • Flooring: Laminate, Wood
  • Basement: None
  • Price Per Square Foot: 245.78
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Concrete, Stucco, Frame, Wood
  • Disclosures/Documents: Estoppel Certificate, Rental/Lease Agmts
  • Exterior Features: Fenced Yard
  • Foundation: Concrete, Slab
  • Listing Price: 495000.00
  • Lot Features: Court, Shape Irregular
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 4
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Attached, Varies by Unit
  • Total Parking Spaces: 5

Utilities

  • Security: None
  • Sewer: Public Sewer
  • Utilities: All Electric, Natural Gas Connected
  • Cooling: Central
  • Electric: 220 Volts
  • Heating: Central, Heat Pump
  • Laundry Features: Washer/Dryer Owned, In Each Unit
  • Water Source: Meter on Site, Public
  • Utilities Expenses: 887

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Folsom-Cordova

Lot Info

  • Zoning Description: RD-10
  • Irrigation: Public District, Meter on Site
  • Lot Size Acres: 0.1600
  • Lot Size Sq Ft: 6970

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Grounds Care
  • Lease Term: More Than 12 Months
  • Total # Leasable: 2

Multi Family

  • Gross Income: 30240
  • Income Includes: See Remarks
  • Insurance Expense: 1139
  • Maintenance Expense: 2108
  • Number of Leased Units: 2
  • Number of Units: 2
  • Two Bedroom Annual Occupancy: 100
  • Three Bedroom Annual Occupancy: 100
  • Two Bedrooms Occupied: 1
  • Two Bedroom Rent Range: 1000-1150
  • Three Bedroom Rent Range: 1400-1700

Tax Info

  • Assessor Parcel Number: 058-0420-024-0000
  • Current RE Taxes: 4070
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2021
Closed on
Sep 17, 2021
Sold by
Guederian Mike
Bought by
Guederian Mike and The Gueder1an Revocable Living
Seller's Agent
Joseph Rondone
Maremonte Realty Inc
Buyer's Agent
Christina Andreasyan
Dynamic Real Estate
List Price
$515,000
Sold Price
$495,000
Premium/Discount to List
-$20,000
-3.88%
Total Days on Market
35
Current Estimated Value
$570,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,698
Avg. Annual Appreciation
3.78%

Purchase Details

Listed on
May 17, 2021
Closed on
Jul 16, 2021
Sold by
Puddicombe Mark J and Puddicombe Sarah J
Bought by
Guederian Mike
Seller's Agent
Joseph Rondone
Maremonte Realty Inc
Buyer's Agent
Christina Andreasyan
Dynamic Real Estate
List Price
$515,000
Sold Price
$495,000
Premium/Discount to List
-$20,000
-3.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$371,250
Outstanding Balance
$340,481
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$230,217

Purchase Details

Listed on
Mar 31, 2017
Closed on
May 1, 2017
Sold by
Cintas Frank E and Cintas Denise
Bought by
Puddicombe Mark J and Puddicombe Sarah J
Seller's Agent
Jay Friedman
eXp Realty of California, Inc.
Buyer's Agent
Joseph Rondone
Silver Star Properties
List Price
$310,000
Sold Price
$315,000
Premium/Discount to List
$5,000
1.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.33%
Original Mortgage
$236,250
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 2012
Sold by
Cintas Frank E and Frank E Cintas Family Trust
Bought by
Cintas Frank E and Cintas Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,565
Interest Rate
3.58%
Mortgage Type
VA

Purchase Details

Closed on
Oct 9, 2000
Sold by
Cintas Frank Edward
Bought by
Cintas Frank E and Frank E Cintas Family Trust

Purchase Details

Closed on
Dec 15, 1993
Sold by
Cintas Janis E
Bought by
Cintas Frank Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,268
Interest Rate
7.2%
Mortgage Type
FHA

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
Guederian Mike -- None Available
Guederian Mike -- None Available
Guederian Mike $495,000 Orange Coast Ttl Co Of Nocal
Puddicombe Mark J $315,000 Chicago Title Company
Cintas Frank E -- Stewart Title Of Sacramento
Cintas Frank E -- --
Cintas Frank Edward -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guederian Mike $371,250
Previous Owner Puddicombe Mark J $233,000
Previous Owner Puddicombe Mark J $236,250
Previous Owner Cintas Frank E $86,565
Previous Owner Cintas Frank Edward $88,268
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2021 07/20/21 Sold $495,000 0.0% $224 / Sq Ft
07/01/2021 07/01/21 Off Market $495,000 -- --
06/21/2021 06/21/21 Pending -- -- --
05/17/2021 05/17/21 For Sale $515,000 +63.5% $233 / Sq Ft
05/05/2017 05/05/17 Sold $315,000 +1.6% $156 / Sq Ft
04/04/2017 04/04/17 Pending -- -- --
03/31/2017 03/31/17 For Sale $310,000 -- $154 / 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
2024 $6,139 $514,998 $124,848 $390,150
2023 $6,018 $504,900 $122,400 $382,500
2022 $5,945 $495,000 $120,000 $375,000
2021 $4,096 $337,741 $80,414 $257,327
2020 $4,071 $334,279 $79,590 $254,689
2019 $4,006 $327,726 $78,030 $249,696
2018 $3,903 $321,300 $76,500 $244,800
2017 $2,224 $179,970 $47,089 $132,881
2016 $2,166 $176,442 $46,166 $130,276
2015 $2,057 $173,793 $45,473 $128,320
2014 $2,190 $170,390 $44,583 $125,807
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 221050972

MetroList

APN: 058-0420-024