NOT LISTED FOR SALE

Estimated Value: $503,597 - $553,000

5 Beds
2 Baths
-- Sq Ft
7,841 Sq Ft Lot

Last Sold July 31, 2023

Last sale price $498,000

Est. 6% increase in value since last sale

Current estimated payment $3,307/month

31 Days on Market

Highlights

  • City View
  • Traditional Architecture
  • No HOA
  • Green Roof
  • Engineered Wood Flooring
  • Fenced Yard

About This Home

As of July 2023

Perfect for investors looking for CASH FLOW or you can move in one unit while the second unit is paying your rent. Property was upgraded 6 years ago prior to this sellers purchase. New roof, new exterior & interior paint, new dual pane windows, new flooring, new kitchens cabinets, new appliances, new baths and new landscaping. 3 years ago the pest report was all clear. Seller has no current reports.

Last Agent to Sell the Property

James Anderson

Windermere Signature Properties LP License #01268030 Listed on: 05/01/2023

Windermere Signature Properties LP

Last Buyer's Agent

Non-MLS Member

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,800

Year Built

  • Built in 1955 | Remodeled

Lot Details

  • 7,841 Sq Ft Lot
  • Fenced Yard
  • Level Lot

Parking

  • 2 Car Garage
  • 2 Open Parking Spaces
  • Off-Street Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Raised Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Double Pane Windows
  • ENERGY STAR Qualified Windows with Low Emissivity
  • City Views
  • Free-Standing Gas Oven

Flooring

  • Engineered Wood
  • Laminate
  • Tile

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Home Security

  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Green Roof
  • Balcony

Listing and Financial Details

  • Security Deposit $2,500
  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 265-0180-002-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • N Sac Sub 8 Subdivision

Building Details

  • 2 Leased Units
  • CPI Adjustment
  • Insurance Expense $1,200
  • Net Operating Income $34,428

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,800

Year Built

Built in 1955 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Apartments
  • Property Subtype 1: Duplex
  • Stories: 2
  • Year Built: 1955
  • Architectural Style: Traditional
  • Levels: Two
  • Stories: 2
  • Subdivision: N Sac Sub 8
  • Number of Two Bedroom Units: 1
  • Number of Three Bedroom Units: 1
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Oven, Gas Water Heater
  • Flooring: Simulated Wood, Tile, Laminate
  • Basement: None
  • Price Per Square Foot: 245.44
  • Window Features: Dual Pane Full, Weather Stripped, Low E Glass Full

Exterior Features

  • Construction Materials: Frame, Wood
  • Exterior Features: Fenced Yard, Yard Space
  • Foundation: Raised
  • Listing Price: 498000.00
  • Lot Features: Shape Regular, Sidewalk
  • Patio And Porch Features: Balcony/Deck
  • Property Condition: Updated/Remodeled
  • Roof: Composition
  • Topography: Level
  • View Description: City

Garage/Parking

  • Open Parking Spaces: 2.00
  • Garage Spaces: 2.00
  • Parking Features: Off Street, Garage
  • Total Parking Spaces: 4.00

Utilities

  • Security: Carbon Mon Detector, Smoke Detector, Security Lights
  • Sewer: In & Connected, Public Sewer
  • Utilities: Cable Available, Internet Available
  • Cooling: Central
  • Electric: 220 Volts
  • Heating: Central
  • Laundry Features: In Each Unit, Washer/Dryer Hookups
  • Water Source: Public
  • Utilities Expenses: 3000
  • Separate Meters: Electricity,Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: C-2
  • Irrigation: Public District
  • Lot Size Acres: 0.1800
  • Lot Size Sq Ft: 7841.00
  • ResoLotSizeUnits: Acres

Green Features

  • Energy Efficient: Roof, Windows

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas
  • Total Deposit: 2500
  • Lease Term: 12 Months
  • Total # Leasable: 2

Multi Family

  • Gross Income: 40428
  • Income Includes: Rent Only
  • Existing Lease Type: CPI Adjustment
  • Insurance Expense: 1200
  • Number of Leased Units: 2
  • Number of Units: 2
  • Units Furnished: None
  • Two Bedrooms Occupied: 1
  • Three Bedrooms Occupied: 1
  • Two Bedroom Rent Range: 1523
  • Three Bedroom Rent Range: 1540
  • Four Bedroom Rent Range: 0
  • Studio Rent Range: 0

Tax Info

  • Assessor Parcel Number: 265-0180-002-0000
  • Current RE Taxes: 1800
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2023
Closed on
Jul 25, 2023
Sold by
Khalasi Kaushika
Bought by
Loomba Vivek
Seller's Agent
James Anderson
Windermere Signature Properties LP
Buyer's Agent
Non-MLS Member
Non-MLS Office
List Price
$498,000
Sold Price
$498,000
Views
870
Current Estimated Value
$528,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,149
Avg. Annual Appreciation
3.48%
Original Mortgage
$348,600
Outstanding Balance
$340,825
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$194,600

Purchase Details

Listed on
Mar 24, 2017
Closed on
Jul 14, 2017
Sold by
Ki Holdings Inc
Bought by
Cervantes J Jesus Rubio
Seller's Agent
Brian Mitry
GUIDE Real Estate
Buyer's Agent
James Anderson
Berkshire Hathaway HomeServices California Properties
List Price
$249,888
Sold Price
$255,000
Premium/Discount to List
$5,112
2.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.74%
Original Mortgage
$250,381
Interest Rate
4.25%
Mortgage Type
FHA
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
Loomba Vivek -- Placer Title
Loomba Vivek $498,000 Placer Title
Nguyen Hung -- Placer Title
Cervantes J Jesus Rubio $255,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen Hung $348,600
Previous Owner Cervantes J Jesus Rubio $238,000
Previous Owner Cervantes J Jesus Rubio $250,381
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2023 07/31/23 Sold $498,000 0.0% --
06/03/2023 06/03/23 For Sale $498,000 0.0% --
06/01/2023 06/01/23 Pending -- -- --
05/01/2023 05/01/23 For Sale $498,000 +9.5% --
01/21/2022 01/21/22 Sold $455,000 +9.6% --
12/29/2021 12/29/21 Pending -- -- --
12/21/2021 12/21/21 For Sale $415,000 +62.7% --
07/21/2017 07/21/17 Sold $255,000 +2.0% $128 / Sq Ft
05/10/2017 05/10/17 Pending -- -- --
03/24/2017 03/24/17 For Sale $249,888 -- $125 / 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 $5,914 $507,960 $112,200 $395,760
2024 $5,914 $498,000 $110,000 $388,000
2023 $5,624 $460,530 $122,400 $338,130
2022 $3,291 $273,409 $64,331 $209,078
2021 $3,278 $268,049 $63,070 $204,979
2020 $3,246 $265,302 $62,424 $202,878
2019 $3,204 $260,100 $61,200 $198,900
2018 $3,047 $255,000 $60,000 $195,000
2017 $802 $52,253 $37,329 $14,924
2016 $3,473 $51,230 $36,598 $14,632
2015 $757 $50,462 $36,049 $14,413
2014 $1,525 $49,474 $35,343 $14,131
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 223037221

MetroList

APN: 265-0180-002