NOT LISTED FOR SALE
5 Beds
4 Baths
2,400 Sq Ft
6,534 Sq Ft

Last Sold November 08, 2016

Last sale price $1,920,000 $800 Per Sq Ft

84 Days on Market

Highlights

  • 0.15 Acre Lot
  • No HOA
  • Central Heating and Cooling System
  • Contemporary Architecture
  • Patio

About This Home

As of November 2016

Fully Occupied stabilized Midtown Investment

Last Agent to Sell the Property

James Quessenberry

Northwind Commercial Inc License #01264498 Listed on: 07/13/2016

Last Buyer's Agent

David Meehan

Windermere Signature Properties El Dorado Hills/Folsom License #01752612

Windermere Signature Properties El Dorado Hills/Folsom

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,995

Year Built

  • Built in 1972

Lot Details

  • 6,534

Home Design

  • Contemporary Architecture

Interior Spaces

  • 2-Story Property
  • Leased Washer and Dryer

Parking

  • 6 Open Parking Spaces
  • 1 Parking Space Included

Additional Features

  • Patio
  • 6,534 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $9,000
  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 010-0046-017-0000

Community Details

Overview

  • No Home Owners Association
  • 9 Units

Building Details

  • 9 Leased Units
  • 9 Units Leased Month-To-Month
  • Insurance Expense $3,150
  • Operating Expense $54,859

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,995

Year Built

Built in 1972

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: 5 or More Units
  • Year Built: 1972
  • Accessibility Features: 0
  • Architectural Style: Contemporary
  • Stories: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher,Disposal,Free Standing Electric Range,Free Standing Refrigerator
  • Flooring: Carpet,Tile,See Remarks
  • Window Features: Low E Glass Partial,Window Coverings

Exterior Features

  • Construction Materials: Frame,Stucco
  • Disclosures/Documents: Rental/Lease Agmts,See Remarks
  • Listing Price: 1925000.00
  • Patio And Porch Features: Enclosed Deck,Enclosed Patio,Varies by Unit
  • Roof: Composition,Flat

Garage/Parking

  • Open Parking Spaces: 6
  • Parking Features: Open,Street,1-Space Per Unit

Utilities

  • Security: Carbon Mon Detector,Secured Access,Smoke Detector
  • Cooling: Central
  • Heating: Central
  • Laundry Features: Washer/Dryer Leased

Condo/Co-op/Association

  • Association Features: Patios/Balcony
  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: R-1B-S
  • Lot Size Acres: 0.1500
  • Lot Size Sq Ft: 6534

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas
  • Total Deposit: 9000
  • Total # Leasable: 9

Multi Family

  • Operating Expense: 54859
  • Income Includes: Laundry,Parking
  • Insurance Expense: 3150
  • Number of Leased Units: 9
  • Number of Month to Month Units: 9
  • Number of Units: 9
  • Units Furnished: None
  • Gross Income Multiplier: 11.700

Tax Info

  • Assessor Parcel Number: 010-0046-017-0000
  • Current RE Taxes: 21995

MLS Schools

  • School District (County): Sacramento
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/08/2016 11/08/16 Sold $1,920,000 -0.3% $800 / Sq Ft
10/05/2016 10/05/16 Pending -- -- --
07/13/2016 07/13/16 For Sale $1,925,000 +97.4% $802 / Sq Ft
10/10/2014 10/10/14 Sold $975,000 0.0% $325 / Sq Ft View Prior Sale
05/15/2014 05/15/14 Pending -- -- --
05/02/2014 05/02/14 For Sale $975,000 -- $325 / Sq Ft
Source: MetroList

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 $26,185 $2,228,320 $342,370 $1,885,950
2024 $26,185 $2,184,628 $335,657 $1,848,971
2023 $25,567 $2,141,793 $329,076 $1,812,717
2022 $25,137 $2,099,798 $322,624 $1,777,174
2021 $23,942 $2,058,627 $316,299 $1,742,328
2020 $24,147 $2,037,519 $313,056 $1,724,463
2019 $23,633 $1,997,568 $306,918 $1,690,650
2018 $23,017 $1,958,400 $300,900 $1,657,500
2017 $22,701 $1,920,000 $295,000 $1,625,000
2016 $11,956 $989,868 $182,745 $807,123
2015 $11,778 $975,000 $180,000 $795,000
2014 $6,193 $489,961 $141,248 $348,713
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 16045103

MetroList
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