NOT LISTED FOR SALE

Estimated Value: $436,000 - $624,000

4 Beds
2 Baths
1,780 Sq Ft
$282/Sq Ft Est. Value

Last Sold September 28, 2012

Last sale price $134,500 $76 Per Sq Ft

Est. 273% increase in value since last sale

Current estimated payment $2,952/month

12 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • 4-minute walk to Fourth Avenue Park

About This Home

As of September 2012

20 YEAR ROOF 2 years new. Investment Opportunity! Looking for a cash flow?? You found it here! Renovated duplex north of Broadway. Spacious 2 Bedrooms, 1 bath units with automatic sprinkler system in front, wood floors with tile floors in kitchens and baths. Come see you won't be disappointed. Close to Med Center and McGeorge School of Law. New roof June 2010

Last Agent to Sell the Property

Elyse Metune

Clear Horizon Real Estate License #01035625 Listed on: 08/10/2012

Last Buyer's Agent

Stephen Riggs

Windermere Signature Properties Sierra Oaks License #01891462

Windermere Signature Properties Sierra Oaks

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,080

Year Built

  • Built in 1937

Lot Details

  • 5,227 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Flat Roof Shape

Interior Spaces

  • 1-Story Property
  • Free-Standing Gas Range

Listing and Financial Details

  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 014-0141-008-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,080

Year Built

Built in 1937

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1937
  • Stories: 1
  • Number of Two Bedroom Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Range
  • Other Equipment: Varies by Unit
  • Flooring: Tile,Wood

Exterior Features

  • Construction Materials: Frame,Stucco
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,None
  • Listing Price: 149950.00
  • Roof: Flat

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage,Guest Parking Available,1-Space Per Unit

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Cooling: See Remarks
  • Heating: Natural Gas,Wall Furnace
  • Utilities Expenses: 2496

Condo/Co-op/Association

  • Association Features: Laundry Hook-Up in Units
  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: R1
  • Lot Size Acres: 0.1200
  • Lot Dimensions: 112x48
  • Lot Size Sq Ft: 5227

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas

Multi Family

  • Gross Income: 16680
  • Income Includes: Rent Only
  • Number of Leased Units: 2
  • Number of Units: 2
  • Units Furnished: None
  • Gross Income Multiplier: 8.900

Tax Info

  • Assessor Parcel Number: 014-0141-008-0000
  • Current RE Taxes: 1080

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 26, 2021
Sold by
Jagadeesan Rajasekar and Jagadeesan Rajaseekar
Bought by
Jagadeesan Rajasekar and Kahlon Ravi
Current Estimated Value
$501,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,950
Outstanding Balance
$322,769
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$171,113

Purchase Details

Closed on
Nov 3, 2016
Sold by
Jagadeesan Raja and Kahlon Ravi
Bought by
Jagadeesan Rajasekar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,800
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2014
Sold by
Dao Dinh Hai Nguyen
Bought by
Jagadeesan Rajasekar

Purchase Details

Listed on
Aug 10, 2012
Closed on
Sep 25, 2012
Sold by
Kahlon Ravi
Bought by
Jagadeesan Raja
Seller's Agent
Elyse Metune
Clear Horizon Real Estate
Buyer's Agent
Stephen Riggs
Windermere Signature Properties Sierra Oaks
List Price
$149,950
Sold Price
$134,500
Premium/Discount to List
-$15,450
-10.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.60%
Original Mortgage
$100,875
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 10, 2012
Closed on
Sep 21, 2012
Sold by
Mcfadden Christian
Bought by
Jagadeesan Raja and Dao Nguyen Dinh Hai
Seller's Agent
Elyse Metune
Clear Horizon Real Estate
Buyer's Agent
Stephen Riggs
Windermere Signature Properties Sierra Oaks
List Price
$149,950
Sold Price
$134,500
Premium/Discount to List
-$15,450
-10.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,875
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 6, 2008
Sold by
Lasalle Bank Na
Bought by
Mcfadden Christian

Purchase Details

Closed on
May 8, 2008
Sold by
Theus Chrislie
Bought by
Lasalle Bank Na and Bear Stearns Asset Backed Securities I L

Purchase Details

Closed on
Jan 3, 2007
Sold by
Mi Hogar Llc
Bought by
Diamond Hill Financial

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
10.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 28, 2006
Sold by
Diamond Hill Financial
Bought by
Theus Chrislie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
10.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 19, 2005
Sold by
Khacho Esam
Bought by
Mi Hogar Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,752
Interest Rate
5.72%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 22, 2005
Sold by
Padilla Maria Hilda
Bought by
Khacho Esam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,500
Interest Rate
6.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 11, 2005
Sold by
Ulrich Phillip T and Ulrich Mary Ann
Bought by
Khacho Esam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,500
Interest Rate
6.62%
Mortgage Type
Fannie Mae Freddie Mac
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
Jagadeesan Rajasekar -- Timios Title A Ca Corp
Jagadeesan Rajasekar -- Timios Title A California Co
Jagadeesan Rajasekar $43,000 None Available
Jagadeesan Raja -- Fidelity National Titleco
Mcfadden Christian -- Fidelity National Title Co
Jagadeesan Raja $146,500 Fidelity National Title Co
Mcfadden Christian $80,000 Chicago Title Company
Lasalle Bank Na $85,877 None Available
Diamond Hill Financial $300,000 Commonwealth Land Title Co
Theus Chrislie $400,000 Commonwealth Land Title Co
Mi Hogar Llc -- --
Khacho Esam -- Stewart Title Of Sacramento
Khacho Esam $255,000 Stewart Title Of Sacramento
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jagadeesan Rajasekar $355,950
Closed Jagadeesan Rajasekar $142,800
Previous Owner Jagadeesan Raja $100,875
Previous Owner Theus Chrislie $400,000
Previous Owner Mi Hogar Llc $28,752
Previous Owner Khacho Esam $229,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2012 09/28/12 Sold $134,500 -10.3% $76 / Sq Ft
08/22/2012 08/22/12 Pending -- -- --
08/10/2012 08/10/12 For Sale $149,950 -- $84 / 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 $2,620 $196,977 $33,489 $163,488
2024 $2,620 $193,116 $32,833 $160,283
2023 $2,559 $189,331 $32,190 $157,141
2022 $2,515 $185,619 $31,559 $154,060
2021 $2,403 $181,981 $30,941 $151,040
2020 $2,415 $180,116 $30,624 $149,492
2019 $2,366 $176,585 $30,024 $146,561
2018 $2,306 $173,124 $29,436 $143,688
2017 $2,274 $169,730 $28,859 $140,871
2016 $2,155 $166,403 $28,294 $138,109
2015 $2,123 $163,904 $27,869 $136,035
2014 $1,781 $135,110 $30,136 $104,974
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 12049715

MetroList

APN: 014-0141-008