NOT LISTED FOR SALE

2908 Panama Ave Carmichael, CA 95608

Carmichael Town Center Neighborhood

Estimated Value: $607,000 - $668,000

5 Beds
3 Baths
-- Sq Ft
8,712 Sq Ft Lot

Last Sold January 03, 2014

Last sale price $301,000

Est. 110% increase in value since last sale

Current estimated payment $3,637/month

7 Days on Market

Highlights

  • No HOA
  • Covered Patio or Porch
  • 2 Car Garage
  • Mary Deterding Elementary School Rated A-
  • Central Heating and Cooling System
  • 3-minute walk to Ancil Hoffman Park

About This Home

As of January 2014

Great income property in Carmichael near Ancil Hoffman Park. 3BR/2BA/2 Car Garage and 2BR/1BA/2 Car Garage. Combined square footage - 2,470. Rents are $1,200 & $1,150.

Last Agent to Sell the Property

Gary McGraw

Home River Group License #01395144 Listed on: 12/14/2013

Last Buyer's Agent

Oksana Jora

Oksana Jora, Broker License #01892743

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1979

Lot Details

  • 8,712

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Composition Roof

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • 1-Story Property
  • Covered Patio or Porch
  • 8,712 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 273-0132-020-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1979
  • Architectural Style: Ranch
  • Stories: 1
  • Number of Three Bedroom Units: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher,Disposal,Free Standing Electric Range
  • Flooring: Carpet,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Brick,Frame,Wood
  • Disclosures/Documents: CC&Rs,Natural Hazard Disclosure Available,Rental/Lease Agmts,Transfer Disclosure Statement
  • Listing Price: 279900.00
  • Patio And Porch Features: Covered Patio
  • Roof: Composition

Garage/Parking

  • Covered Parking Spaces: 4
  • Garage Spaces: 2
  • Parking Features: Garage

Utilities

  • Utilities: Cable Available
  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: San Juan Unified

Lot Info

  • Zoning Description: RD5
  • Lot Size Acres: 0.2000
  • Lot Size Sq Ft: 8712

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas

Multi Family

  • Income Includes: Rent Only
  • Number of Leased Units: 2
  • Number of Month to Month Units: 2
  • Number of Units: 2
  • Units Furnished: None
  • Gross Income Multiplier: 10.070

Tax Info

  • Assessor Parcel Number: 273-0132-020-0000

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 2014
Sold by
Tsering Irina
Bought by
Blue Mountain Properties
Current Estimated Value
$631,228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
4.16%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 7, 2014
Sold by
Tsering Andrei
Bought by
Tsering Irina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
4.16%
Mortgage Type
Unknown

Purchase Details

Listed on
Dec 14, 2013
Closed on
Jan 3, 2014
Sold by
Zering Luke
Bought by
Tsering Irina
Seller's Agent
Gary McGraw
Home River Group
Buyer's Agent
Oksana Jora
Oksana Jora, Broker
List Price
$279,900
Sold Price
$301,000
Premium/Discount to List
$21,100
7.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.33%

Purchase Details

Listed on
Dec 14, 2013
Closed on
Dec 31, 2013
Sold by
Marquardt Walt
Bought by
Zering Luke
Seller's Agent
Gary McGraw
Home River Group
Buyer's Agent
Oksana Jora
Oksana Jora, Broker
List Price
$279,900
Sold Price
$301,000
Premium/Discount to List
$21,100
7.54%

Purchase Details

Closed on
Dec 20, 2007
Sold by
Walton Ventures Llc
Bought by
Marquardt Walt

Purchase Details

Closed on
Dec 18, 2007
Sold by
Wong Julie
Bought by
Marquardt Walt

Purchase Details

Closed on
Apr 1, 2005
Sold by
Mouras Belton and Marquardt Walt
Bought by
Walton Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 7, 1996
Sold by
Andrews Daniel and Andrews Family Trust
Bought by
Carter Dorothy and Andrews Dorothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
7.84%

Purchase Details

Closed on
Apr 4, 1996
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Mouras Belton P and Marquardt Walt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
7.84%

Purchase Details

Closed on
Dec 12, 1995
Sold by
Petty Lisa R and Osborn Richard C
Bought by
American Svgs Bank

Purchase Details

Closed on
Nov 27, 1995
Sold by
American Svgs Bank
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jan 19, 1995
Sold by
Peterson David G and Peterson Lucille
Bought by
7 D Ranch Company

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,000
Interest Rate
9.28%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Blue Mountain Properties -- None Available
Tsering Irina -- None Available
Tsering Irina -- None Available
Zering Luke $301,000 Fidelity National Title Co
Zering Luke -- Fidelity National Title Co
Marquardt Walt -- None Available
Marquardt Walt -- None Available
Walton Ventures Llc -- --
Marquardt Walt -- Fidelity National Title Co
Carter Dorothy -- First American Title Ins Co
Mouras Belton P $150,000 First American Title Ins Co
American Svgs Bank $170,000 Old Republic Title Company
Federal Home Loan Mortgage Corporation -- Old Republic Title Company
7 D Ranch Company $1,335,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Blue Mountain Properties $175,000
Previous Owner Marquardt Walt $87,000
Previous Owner Mouras Belton P $105,000
Previous Owner 7 D Ranch Company $544,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/03/2014 01/03/14 Sold $301,000 +7.5% --
12/20/2013 12/20/13 Pending -- -- --
12/13/2013 12/13/13 For Sale $279,900 -- --
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 $4,304 $361,745 $138,206 $223,539
2024 $4,304 $354,653 $135,497 $219,156
2023 $4,236 $347,700 $132,841 $214,859
2022 $4,152 $340,884 $130,237 $210,647
2021 $4,084 $334,201 $127,684 $206,517
2020 $4,008 $330,775 $126,375 $204,400
2019 $3,927 $324,291 $123,898 $200,393
2018 $3,879 $317,933 $121,469 $196,464
2017 $3,845 $311,700 $119,088 $192,612
2016 $3,592 $305,589 $116,753 $188,836
2015 $3,574 $301,000 $115,000 $186,000
2014 $5,052 $428,598 $160,724 $267,874
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2014

    Gary McGraw

    Home River Group

    Section Image

  • O

    Buyer's Agent in 2014

    Oksana Jora

    Oksana Jora, Broker

See All Agents

Map

Source: MetroList

MLS Number: 13071312

MetroList

APN: 273-0132-020

California Sacramento County Carmichael 95608 Carmichael Town Center

2908 Panama Ave, Carmichael, CA

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MetroList IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes