NOT LISTED FOR SALE

2916 Norcade Cir Sacramento, CA 95826

Rosemont Neighborhood

Estimated Value: $610,397 - $762,000

8 Beds
4 Baths
3,612 Sq Ft
$189/Sq Ft Est. Value

Last Sold September 05, 2014

Last sale price $305,000 $84 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $4,418/month

81 Days on Market

Highlights

  • Double Pane Windows
  • 3-minute walk to Starfire
  • 2 Car Garage
  • Central Heating and Cooling System

About This Home

As of September 2014

Price Lowered, Buyer to consider offers by Friday. FHA, Conventional, All 4 units rented. Nice fourplex with 8bd 4 bath with 4 garage parkings. Nice area, landscape, close to transportation. New AC's, New Windows. Good investment opportunity for residential income.

Last Agent to Sell the Property

Rp Singh

Berkshire Hathaway Home Services Elite Real Estate License #01852282 Listed on: 05/27/2014

Berkshire Hathaway Home Services Elite Real Estate

Last Buyer's Agent

Rafael Borbon

PMZ Real Estate License #01371342

PMZ Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,569

Year Built

  • Built in 1965

Lot Details

  • 8,104

HOA Fees

  • $320 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Double Pane Windows

Additional Features

  • 8,104 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity gas
  • Assessor Parcel Number 075-0161-008

Community Details

Overview

  • 4 Units

Building Details

  • 3 Leased Units
  • 1 Vacant Unit
  • 3 Units Leased Month-To-Month
  • Operating Expense $9,360

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,569

Year Built

Built in 1965

Lot Details

0

HOA Fees

$320 per month

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1965
  • Stories: 2
  • Number of Two Bedroom Units: 4
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: See Remarks
  • Other Equipment: None
  • Flooring: Carpet,Laminate,Tile
  • Window Features: Dual Pane Partial

Exterior Features

  • Construction Materials: Stone,Stucco,Wood
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,See Remarks
  • Listing Price: 299000.00
  • Patio And Porch Features: See Remarks
  • Roof: Composition

Garage/Parking

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

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: Separate Laundry Facility,Yard Space
  • Association Fee: 320
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: RD 20
  • Lot Size Acres: 0.1860
  • Lot Size Sq Ft: 8104

Rental Info

  • Tenant Pays: Electricity,Gas
  • Total # Leasable: 4

Multi Family

  • Gross Income: 35700
  • Operating Expense: 9360
  • Income Includes: Rent Only
  • Number of Leased Units: 3
  • Number of Month to Month Units: 3
  • Number of Units: 4
  • Number of Vacant Units: 1
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 075-0161-008

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2014
Closed on
Aug 26, 2014
Sold by
Toor Santokh S and Toor Arpinder K
Bought by
Sandhu Sukhbir S and Sandhu Hardip
Seller's Agent
Rp Singh
Berkshire Hathaway Home Services Elite Real Estate
Buyer's Agent
Rafael Borbon
PMZ Real Estate
List Price
$325,000
Sold Price
$305,000
Premium/Discount to List
-$20,000
-6.15%
Current Estimated Value
$682,099

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$377,099
Avg. Annual Appreciation
8.59%
Original Mortgage
$228,700
Outstanding Balance
$175,332
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$578,786

Purchase Details

Closed on
Sep 19, 2011
Sold by
Toor Santokh S and Toor Arpinder K
Bought by
Toor Santokh S and Toor Arpinder K

Purchase Details

Closed on
Sep 5, 2008
Sold by
Toor Arpinder K
Bought by
Toor Santokh S

Purchase Details

Closed on
Sep 1, 2008
Sold by
U S Bank Na
Bought by
Toor Santokh S

Purchase Details

Closed on
Apr 2, 2008
Sold by
Narayan Subhas C
Bought by
Us Bank Na and Structured Asset Investment Loan Trust 2

Purchase Details

Closed on
Jul 29, 2005
Sold by
Prasad Ashne L
Bought by
Prasad Madan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,800
Interest Rate
7.24%
Mortgage Type
Balloon

Purchase Details

Closed on
Jul 26, 2005
Sold by
Singh Ramesh and Prasad Madan
Bought by
Narayan Subhas C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,800
Interest Rate
7.24%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 6, 2003
Sold by
Singh Ragini
Bought by
Singh Ramesh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,600
Interest Rate
10.02%

Purchase Details

Closed on
Mar 5, 2003
Sold by
Filmore Group Llc
Bought by
Singh Ramesh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,600
Interest Rate
10.02%

Purchase Details

Closed on
Jan 23, 2003
Sold by
Sharani Jabir and Sharani Jabir K
Bought by
Filmore Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,600
Interest Rate
10.02%

Purchase Details

Closed on
Sep 19, 2001
Sold by
Sharani Jay K and Sharani Jabir K
Bought by
Filmore Groupe Llc

Purchase Details

Closed on
Jun 22, 2001
Sold by
Caston Harry and Caston Dorothy L
Bought by
Sharani Jabir K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,400
Interest Rate
7.24%

Purchase Details

Closed on
Aug 14, 1997
Sold by
Caston Harry and Caston Dorothy L
Bought by
Caston Harry and Caston Dorothy L

Purchase Details

Closed on
Aug 10, 1994
Sold by
Caston Harry and Caston Dorothy L
Bought by
Caston Harry and Caston Dorothy L
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
Sandhu Sukhbir S $305,000 Placer Title Company
Toor Santokh S -- None Available
Toor Santokh S -- First American Title Company
Toor Santokh S $200,000 First American Title Company
Us Bank Na $410,000 Accommodation
Prasad Madan -- First American Title Co
Narayan Subhas C $552,000 First American Title Co
Narayan Subhas C -- First American Title Co
Singh Ramesh -- First Amer Title Guaranty Co
Singh Ramesh $294,000 First Amer Title Guaranty Co
Filmore Group Llc -- First Amer Title Guaranty Co
Filmore Groupe Llc -- --
Sharani Jabir K $248,000 North American Title Co
Caston Harry -- --
Caston Harry -- Sacramento Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sandhu Sukhbir S $228,700
Previous Owner Toor Santokh S $2,950,000
Previous Owner Narayan Subhas C $496,800
Previous Owner Singh Ramesh $264,600
Previous Owner Sharani Jabir K $198,400
Closed Sharani Jabir K $37,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2014 09/05/14 Sold $305,000 -6.2% $84 / Sq Ft
08/16/2014 08/16/14 Pending -- -- --
05/27/2014 05/27/14 For Sale $325,000 -- $90 / 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 $4,569 $366,554 $182,677 $183,877
2024 $4,569 $359,368 $179,096 $180,272
2023 $4,462 $352,323 $175,585 $176,738
2022 $4,383 $345,416 $172,143 $173,273
2021 $4,182 $338,644 $168,768 $169,876
2020 $4,211 $335,173 $167,038 $168,135
2019 $4,121 $328,602 $163,763 $164,839
2018 $4,014 $322,159 $160,552 $161,607
2017 $3,959 $315,843 $157,404 $158,439
2016 $3,733 $309,651 $154,318 $155,333
2015 $3,680 $305,000 $152,000 $153,000
2014 $2,573 $210,096 $105,048 $105,048
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2014

    Rp Singh

    Berkshire Hathaway Home Services Elite Real Estate

    (916) 708-7227

    Rp Singh
    Section Image
  • Rafael Borbon

    Buyer's Agent in 2014

    Rafael Borbon

    PMZ Real Estate

    (209) 747-0226

    16 Total Sales

    Rafael Borbon
    Section Image
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Map

Source: MetroList

MLS Number: 14032522

MetroList

APN: 075-0161-008

California Sacramento County Sacramento 95826 Rosemont

2916 Norcade Cir, Sacramento, CA

This home is located at 2916 Norcade Cir, Sacramento, CA 95826 since 27 May 2014 and is currently estimated at $682,099, approximately $188 per square foot. This property was built in 1965. 2916 Norcade Cir is a home located in Sacramento County with nearby schools including Isador Cohen Elementary School, Albert Einstein Middle School, and Rosemont High School.

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.

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