NOT LISTED FOR SALE

Estimated Value: $614,000 - $684,000

8 Beds
5 Baths
3,028 Sq Ft
$216/Sq Ft Est. Value

Last Sold May 10, 2021

Last sale price $550,000 $182 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $4,139/month

135 Days on Market

Highlights

  • Spanish Architecture
  • No HOA
  • Carpet
  • Corner Lot
  • Central Heating and Cooling System

About This Home

As of May 2021

CASH FLOW KING BACK ON THE MARKET!! Corner lot Duplex. One unit facing Gardendale Rd & one unit facing 29th street. This unique Tri-story Duplex consists of 4 Bedrooms on each side with decent size backyards. Each unit has tenants paying premium rent. Seller has installed a Brand New HVAC. Current rents are $2,200 & $2,000

Last Agent to Sell the Property

Michael Lim

Kinetic Real Estate License #02110972 Listed on: 11/23/2020

Last Buyer's Agent

Non-MLS Member

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,886

Year Built

  • Built in 1967

Lot Details

  • 8,712 Sq Ft Lot
  • Corner Lot

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage

Home Design

  • Duplex
  • Spanish Architecture
  • Mixed Use
  • Composition Roof

Interior Spaces

  • 3-Story Property
  • Window Treatments
  • Carpet
  • Washer and Dryer Hookup

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • Private Sewer
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 049-0245-008-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,886

Year Built

Built in 1967

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Mixed Use
  • Property Subtype 1: Duplex
  • Stories: 3
  • Year Built: 1967
  • Architectural Style: Spanish
  • Number of Four Bedroom Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Oven,Free Standing Gas Range,Gas Cook Top,Disposal
  • Flooring: Carpet
  • Window Features: Window Coverings

Exterior Features

  • Construction Materials: Stucco,Frame,Wood
  • Disclosures/Documents: Rental/Lease Agmts,CC&Rs,Transfer Disclosure Statement
  • Foundation: None
  • Frontage Type: Varies by Unit
  • Listing Price: 540000.00
  • Lot Features: Corner
  • Property Condition: Varies by Unit
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Street,Garage

Utilities

  • Security: None
  • Sewer: Private Sewer
  • Utilities: Cable Available
  • Cooling: Central
  • Electric: 220 Volts
  • Heating: Central
  • Laundry Features: Washer/Dryer Hookups
  • Water Source: Public
  • Separate Meters: Gas,Water

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: R-1
  • Irrigation: None
  • Lot Size Acres: 0.2000
  • Lot Size Sq Ft: 8712

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas
  • Total # Leasable: 2

Multi Family

  • Gross Income: 50400
  • Income Includes: Rent Only
  • Number of Leased Units: 2
  • Number of Units: 2
  • Units Furnished: Varies By Unit

Tax Info

  • Assessor Parcel Number: 049-0245-008-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2020
Closed on
May 4, 2021
Sold by
Aurisma Llc
Bought by
Chandra Reemal and Chandra Prithi
Seller's Agent
Michael Lim
Kinetic Real Estate
Buyer's Agent
Non-MLS Member
Non-MLS Office
Sold Price
$550,000
Current Estimated Value
$653,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,587
Avg. Annual Appreciation
4.37%
Original Mortgage
$412,500
Outstanding Balance
$375,413
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$286,939

Purchase Details

Closed on
Jun 13, 2020
Sold by
Liang Hui Ting and Wu James Z
Bought by
Aurisma Llc

Purchase Details

Closed on
Jan 16, 2020
Sold by
Kaizen Capital Llc
Bought by
Liang Hui Ting and Wu James Z

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 23, 2019
Sold by
Lin Nan
Bought by
Kaizen Capital Llc

Purchase Details

Listed on
Apr 30, 2018
Closed on
Jul 12, 2018
Sold by
Wang Li Bin
Bought by
Lin Nan
Seller's Agent
Robert Peterson
KW Sac Metro
Buyer's Agent
Robert Peterson
KW Sac Metro
List Price
$375,000
Sold Price
$355,000
Premium/Discount to List
-$20,000
-5.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.09%
Original Mortgage
$266,000
Interest Rate
5.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Dec 13, 2015
Closed on
Jan 11, 2016
Sold by
Shearer Louise B and The Louise B Shearer 2005 Revo
Bought by
Wang Li Bin
Seller's Agent
Michael Marks
Neighborhood Real Estate Services
Buyer's Agent
Cam Ho
Calyx Realty Incorporation
List Price
$280,000
Sold Price
$275,000
Premium/Discount to List
-$5,000
-1.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.80%
Original Mortgage
$185,000
Interest Rate
3.92%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 12, 2008
Sold by
Shearer Louise B and Wayshak Family Trust
Bought by
Revocabl Shearer Louise B and Revocabl Louise B Shearer 2005

Purchase Details

Closed on
Dec 7, 2005
Sold by
Wayshak Veronica B and The Wayshak Family Trust
Bought by
Wayshak Veronica B and The Wayshak Family Trust

Purchase Details

Closed on
Oct 18, 1994
Sold by
Americas Mtg Servicing Inc
Bought by
Hud

Purchase Details

Closed on
Sep 23, 1994
Sold by
Americas Mtg Servicing Inc
Bought by
Americas Mtg Servicing Inc and First Family Mtg Corp Of Florida
Source: Public Records

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
Chandra Reemal $550,000 Orange Coast Ttl Co Of Nocal
Aurisma Llc -- None Available
Liang Hui Ting $440,000 Placer Title Company
Kaizen Capital Llc -- None Available
Lin Nan $887,500 Placer Title Company
Wang Li Bin $275,000 Orange Coast Title Co Norcal
Revocabl Shearer Louise B -- None Available
Revocabl Shearer Louise B -- None Available
Wayshak Veronica B -- --
Hud -- North American Title Co Inc
Americas Mtg Servicing Inc $62,621 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chandra Reemal $412,500
Previous Owner Liang Hui Ting $330,000
Previous Owner Lin Nan $266,000
Previous Owner Wang Li Bin $185,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2021 05/10/21 Sold $550,000 0.0% $182 / Sq Ft
05/09/2021 05/09/21 Off Market $550,000 -- --
04/07/2021 04/07/21 Pending -- -- --
01/28/2021 01/28/21 For Sale -- -- --
01/14/2021 01/14/21 Pending -- -- --
12/25/2020 12/25/20 For Sale $537,000 0.0% $177 / Sq Ft
12/16/2020 12/16/20 Pending -- -- --
12/08/2020 12/08/20 Price Changed $537,000 -2.4% $177 / Sq Ft
11/23/2020 11/23/20 For Sale $550,000 +54.9% $182 / Sq Ft
07/17/2018 07/17/18 Sold $355,000 -5.3% $117 / Sq Ft
05/25/2018 05/25/18 Pending -- -- --
04/30/2018 04/30/18 For Sale $375,000 +36.4% $124 / Sq Ft
01/21/2016 01/21/16 Sold $275,000 -1.8% $91 / Sq Ft
12/18/2015 12/18/15 Pending -- -- --
12/12/2015 12/12/15 For Sale $280,000 -- $92 / 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 $7,886 $595,336 $173,188 $422,148
2024 $7,886 $583,664 $169,793 $413,871
2023 $6,966 $572,220 $166,464 $405,756
2022 $6,864 $561,000 $163,200 $397,800
2021 $5,356 $444,557 $80,828 $363,729
2020 $4,681 $377,400 $71,400 $306,000
2019 $4,332 $355,000 $70,000 $285,000
2018 $3,519 $286,110 $62,424 $223,686
2017 $3,464 $280,500 $61,200 $219,300
2016 $3,435 $275,000 $91,274 $183,726
2015 $3,028 $240,193 $80,065 $160,128
2014 $2,881 $228,755 $76,252 $152,503
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 20070147

MetroList

APN: 049-0245-008