Estimated payment $9,943/month
Highlights
- 0.15 Acre Lot
- Wood Flooring
- No HOA
- Miwok Middle School Rated A-
- Victorian Architecture
- 1-minute walk to James Marshall Park
About This Home
** Exceptional Midtown Sacramento Investment Opportunity ** A $114,400 GSI, 5.3% Cap Rate, 7.2 GRM. This complex is in the highly sought-after heart of Midtown. This landmark property in central location, away from freeway noise and overpass traffic. Four 1bed/1bath units, additional attic 1/1 unit; and converted 3-car garage storage/studio spaces in alley, an opportunity for extra income. Exterior new paint and units updated with dual pane windows, tankless water heaters, new fixtures and paint. Beautiful fountain in front and serene pond in back. A must see.
Listing Agent
Century 21 Select Real Estate License #01956132 Listed on: 10/17/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $17,011
Year Built
- Built in 1920 | Remodeled
Lot Details
- 6,534 Sq Ft Lot
- Security Fence
- Landscaped
- Garden
Parking
- Off-Street Parking
Home Design
- Quadruplex
- Victorian Architecture
- Raised Foundation
- Composition Roof
Interior Spaces
- 3,852 Sq Ft Home
- 2-Story Property
- Double Pane Windows
- Storage
- Basement Storage
Kitchen
- Double Oven
- Free-Standing Gas Oven
- Free-Standing Gas Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Balcony
- Covered Patio or Porch
Utilities
- Central Heating and Cooling System
- Tankless Water Heater
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 007-0041-020-0000
Community Details
Overview
- No Home Owners Association
- 5 Units
- Pond Year Round
Amenities
- Laundry Facilities
Building Details
- 5 Leased Units
- 2 Units Leased Month-To-Month
- Net Lease
- Insurance Expense $6,600
- Maintenance Expense $5,000
- Net Operating Income $59,400
Security
- Controlled Access
- Building Fire Alarm
Map
Home Values in the Area
Average Home Value in this Area
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 | $17,011 | $1,437,936 | $376,728 | $1,061,208 |
| 2024 | $17,011 | $1,409,742 | $369,342 | $1,040,400 |
| 2023 | $16,611 | $1,382,100 | $362,100 | $1,020,000 |
| 2022 | $2,865 | $297,636 | $60,319 | $237,317 |
| 2021 | $2,746 | $291,801 | $59,137 | $232,664 |
| 2020 | $2,750 | $288,810 | $58,531 | $230,279 |
| 2019 | $2,697 | $283,148 | $57,384 | $225,764 |
| 2018 | $2,629 | $277,597 | $56,259 | $221,338 |
| 2017 | $2,592 | $272,155 | $55,156 | $216,999 |
| 2016 | $2,465 | $266,820 | $54,075 | $212,745 |
| 2015 | $2,427 | $262,813 | $53,263 | $209,550 |
| 2014 | $2,375 | $257,666 | $52,220 | $205,446 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/16/2025 01/16/25 | Price Changed | $1,600,000 | -3.0% | $415 / Sq Ft |
| 10/18/2024 10/18/24 | Price Changed | $1,650,000 | +3.1% | $428 / Sq Ft |
| 10/17/2024 10/17/24 | For Sale | $1,600,000 | -- | $415 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $180,000 | Fannie Mae Freddie Mac | |
| Closed | $30,000 | Unknown |
Source: MetroList
MLS Number: 224114687
APN: 007-0041-020
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