NOT LISTED FOR SALE

Estimated Value: $751,000 - $1,051,403

4 Beds
4 Baths
1,800 Sq Ft
$520/Sq Ft Est. Value

Last Sold July 27, 2021

Last sale price $890,000 $494 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,969/month

61 Days on Market

About This Home

As of July 2021

Own a charming 4 unit building located in the lively Midtown neighborhood of Sacramento, CA. These one-bedroom, one-bath units feature newer carpet, paint, and a new shared porch for upstairs units! Complete renovation in unit 4 in 2020, including laundry hookups. Original 1950's era architectural design features, including crown molding throughout, original hardwood floors under carpet, original hardware, and beautiful clawfoot tubs. Units have kitchens equipped with a range, stove, and refrigerator. Property is within walking distance to East Sac and a short bike ride to the state's capital, Kaiser and UC Davis Medical centers, restaurants, shopping, Sacramento river access, and convenience stores. The total rent for all units is $4,070. Take advantage of a perfect opportunity for owner occupancy with vacant unit 4.

Last Agent to Sell the Property

Brooke Sproles

Nick Sadek Sotheby's International Realty License #02059714 Listed on: 04/07/2021

Nick Sadek Sotheby's International Realty

Co-Listed By

Taylor Greer

ERA Carlile Realty Group License #01414776

Last Buyer's Agent

Tim Swanston

North Coast Commercial, Inc. License #01887506

North Coast Commercial, Inc.

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $12,681

Lot Details

  • 3,049

Property Details

Home Type

Apartment

Est. Annual Taxes

$12,681

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Apartments
  • Property Sub Type: Quadruplex
  • Number of One Bedroom Units: 4
  • Architectural Style: Traditional, Victorian
  • CapRate: 4.30
  • Co List Office Mls Id: 01TAYG
  • Directions: From I-80 BUS Take exit 7B toward E St. Take E St and 28th St to D St
  • Year Built Details: Unknown
  • Special Features: None

Interior Features

  • Appliances: Free Standing Refrigerator
  • Flooring: Carpet, Laminate
  • Number Of Buildings: 1
  • Stories: 2
  • Window Features: Varies by Unit

Exterior Features

  • Foundation Details: Slab
  • Property Condition: Varies by Unit
  • View: City
  • Construction Type: Vinyl Siding
  • Lot Features: Sidewalk
  • Patio And Porch Features: Uncovered Deck, Varies by Unit

Garage/Parking

  • Parking Features: Street
  • Open Parking Spaces: 2
  • Total Parking Spaces: 2

Utilities

  • Cooling: Ceiling Fan(s), Window Unit(s)
  • Heating: Natural Gas
  • Electric: 220 Volts
  • Laundry Features: Other
  • Security: Carbon Mon Detector, Double Strapped Water Heater, Fire Alarm
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, Internet Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Sacramento Unified

Lot Info

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

Rental Info

  • Total # Leasable: 4
  • Tenant Pays: Electricity

Tax Info

  • Bonds/Assessments/Taxes: Unknown
  • Tax Annual Amount: 1069

Multi Family

  • Annual Gross Income: 4550
  • Income Includes: Rent Only
  • Insurance Expense: 2400
  • Maintenance Expense: 3000
  • Number Of Units Leased: 4
  • Number of Month to Month Units: 4
  • Number Of Units Total: 4

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2021
Closed on
Jul 29, 2021
Sold by
Zod Kristi Anna and Bradford Marcant House
Bought by
Hemstreet Kevin and Hemstreet Michelle
Seller's Agent
Brooke Sproles
Nick Sadek Sotheby's International Realty
Buyer's Agent
Tim Swanston
North Coast Commercial, Inc.
List Price
$1,100,000
Sold Price
$890,000
Premium/Discount to List
-$210,000
-19.09%
Current Estimated Value
$936,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,601
Avg. Annual Appreciation
1.21%
Original Mortgage
$667,500
Outstanding Balance
$607,237
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$329,364

Purchase Details

Closed on
Aug 20, 2008
Sold by
House Bradford Marchant
Bought by
House Bradford Marchant and Revoca Bradford Marchant House

Purchase Details

Closed on
Jul 10, 2008
Sold by
House Bradford Marchant and Bette J House Trust
Bought by
House Bradford Marchant and Zod Kristi Anna

Purchase Details

Closed on
Dec 1, 2000
Sold by
House Bette J
Bought by
House Bette J and Bette J House Trust
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
Hemstreet Kevin $890,000 First American Title Company
House Bradford Marchant -- None Available
House Bradford Marchant -- None Available
House Bette J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hemstreet Kevin $667,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2021 07/27/21 Sold $890,000 0.0% $494 / Sq Ft
07/07/2021 07/07/21 Off Market $890,000 -- --
06/07/2021 06/07/21 Pending -- -- --
04/07/2021 04/07/21 For Sale $1,100,000 -- $611 / 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 $12,681 $944,474 $344,892 $599,582
2024 $12,681 $925,956 $338,130 $587,826
2023 $11,054 $907,800 $331,500 $576,300
2022 $10,867 $890,000 $325,000 $565,000
2021 $6,289 $508,418 $130,348 $378,070
2020 $1,069 $41,464 $10,613 $30,851
2019 $955 $40,652 $10,405 $30,247
2018 $932 $39,855 $10,201 $29,654
2017 $918 $39,074 $10,001 $29,073
2016 $5,705 $38,308 $9,805 $28,503
2015 $2,349 $37,733 $9,658 $28,075
2014 $801 $37,005 $9,478 $27,527
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 221030466

MetroList

APN: 003-0104-022