NOT LISTED FOR SALE

2932 Norcade Cir Sacramento, CA 95826

Rosemont Neighborhood

Estimated Value: $758,000 - $841,000

8 Beds
4 Baths
3,600 Sq Ft
$222/Sq Ft Est. Value

Last Sold September 16, 2019

Last sale price $585,000 $162 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $5,349/month

4 Days on Market

Highlights

  • A-Frame Home
  • 2-minute walk to Starfire
  • 5-minute walk to Manlove Park
  • Double Pane Windows
  • Central Heating and Cooling System

About This Home

As of September 2019

Cashflowing Mckeon 4 plex with all 4 units rented. Onsite laundry in the back of the building with leased coin washer and dryer. Covered and secured parking in garage for each tenant. Great location, walking distance to light rail. This property has lots of upside potential. Two units below market rent. Partial dual pane windows. Kitchens in unit #2 and #3 have been updated. Deck at unit #4 was recently rebuilt. Some HVAC equipment has been replaced. Call today!

Last Agent to Sell the Property

Jose Chavez

Capital Real Estate Services License #01872003 Listed on: 08/08/2019

Last Buyer's Agent

Roberto Soto

365 Real Estate Services License #01173409

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,663

Year Built

  • Built in 1969

Lot Details

  • 0.27 Acre Lot

HOA Fees

  • $347 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Quadruplex
  • A-Frame Home
  • Slab Foundation
  • Shake Roof

Interior Spaces

  • 2-Story Property
  • Double Pane Windows

Utilities

  • Central Heating and Cooling System
  • 220 Volts

Listing and Financial Details

  • Security Deposit $3,435
  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 075-0161-004-0000

Community Details

Overview

  • 4 Units

Building Details

  • 4 Leased Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,663

Year Built

Built in 1969

Lot Details

0

HOA Fees

$347 per month

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1969
  • Architectural Style: A-Frame
  • Stories: 2
  • Number of Two Bedroom Units: 4
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Disposal,Free Standing Electric Range,Free Standing Refrigerator,Gas Water Heater
  • Flooring: Carpet,Laminate,Linoleum/Vinyl
  • Window Features: Dual Pane Partial

Exterior Features

  • Construction Materials: Brick,Frame,Lap Siding,Stucco,Wood
  • Disclosures/Documents: Association Dues,CC&Rs,Rental/Lease Agmts
  • Foundation: Slab
  • Listing Price: 575000.00
  • Roof: Shake

Garage/Parking

  • Open Parking Spaces: 4
  • Covered Parking Spaces: 4
  • Garage Spaces: 2
  • Parking Features: Garage,Street,1+ Space Per Unit

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Sewer: Public Sewer
  • Cooling: Central
  • Electric: 220 Volts
  • Heating: Central
  • Laundry Features: Washer/Dryer Leased,Washer/Dryer
  • Water Source: Meter on Site,Public

Condo/Co-op/Association

  • Association Fee: 347
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: RD-20 - MULTIPLE FAMILY RESIDENTIAL
  • Lot Size Acres: 0.2711
  • Lot Size Sq Ft: 11809

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas
  • Total Deposit: 3435
  • Total # Leasable: 4

Multi Family

  • Gross Income: 49041
  • Income Includes: Rent Only
  • Number of Leased Units: 4
  • Number of Units: 4
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 075-0161-004-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2019
Closed on
Sep 12, 2019
Sold by
Chavez Jose R and Chavez Mary E
Bought by
Alfaro Jesus Santos and Alfaro Lucy
Seller's Agent
Jose Chavez
Capital Real Estate Services
Buyer's Agent
Roberto Soto
365 Real Estate Services
List Price
$575,000
Sold Price
$585,000
Premium/Discount to List
$10,000
1.74%
Current Estimated Value
$800,718

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,718
Avg. Annual Appreciation
5.70%
Original Mortgage
$409,500
Outstanding Balance
$360,969
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$452,696

Purchase Details

Closed on
Apr 28, 2005
Sold by
Mcnary Kenneth Scott and Mcnary Christine A
Bought by
Chavez Jose R and Chavez Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 29, 2003
Sold by
Howard David
Bought by
Mcnary Kenneth Scott and Mcnary Christine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
4.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 4, 2002
Sold by
Hager Trent and Beland Janelle
Bought by
Howard David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
6.74%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 17, 2000
Sold by
Hager Trent
Bought by
Hager Trent and Beland Janelle

Purchase Details

Closed on
Nov 30, 1999
Sold by
Melson Glenn E
Bought by
Hager Trent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,400
Interest Rate
9.99%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Alfaro Jesus Santos $585,000 Chicago Title Company
Chavez Jose R $560,000 North American Title Co
Mcnary Kenneth Scott $460,000 Stewart Title Of Sacramento
Howard David $319,500 Stewart Title
Hager Trent -- --
Hager Trent $191,000 Placer Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alfaro Jesus Santos $409,500
Previous Owner Chavez Jose R $448,000
Previous Owner Mcnary Kenneth Scott $368,000
Previous Owner Howard David $266,000
Previous Owner Hager Trent $10,000
Previous Owner Howard David $241,600
Previous Owner Hager Trent $39,772
Previous Owner Hager Trent $152,400
Closed Hager Trent $28,582
Closed Howard David $30,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2019 09/16/19 Sold $585,000 +1.7% $163 / Sq Ft
08/12/2019 08/12/19 Pending -- -- --
08/08/2019 08/08/19 For Sale $575,000 -- $160 / 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 $7,663 $639,778 $191,386 $448,392
2024 $7,663 $627,234 $187,634 $439,600
2023 $7,483 $614,936 $183,955 $430,981
2022 $7,355 $602,880 $180,349 $422,531
2021 $7,010 $591,060 $176,813 $414,247
2020 $7,067 $585,000 $175,000 $410,000
2019 $5,480 $447,300 $157,500 $289,800
2018 $5,197 $426,000 $150,000 $276,000
2017 $7,429 $620,308 $134,028 $486,280
2016 $6,646 $563,917 $121,844 $442,073
2015 $6,172 $522,146 $112,819 $409,327
2014 $5,730 $487,987 $105,438 $382,549
Source: Public Records

Agents Affiliated with this Home

  • Jose Chavez

    Seller's Agent in 2019

    Jose Chavez

    Capital Real Estate Services

    (916) 224-2728

    6 Total Sales

    Jose Chavez
    Section Image
  • Roberto Soto

    Buyer's Agent in 2019

    Roberto Soto

    365 Real Estate Services

    (916) 470-7298

    34 Total Sales

    Roberto Soto
    Section Image
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Map

Source: MetroList

MLS Number: 19053817

MetroList

APN: 075-0161-004

California Sacramento County Sacramento 95826 Rosemont

2932 Norcade Cir, Sacramento, CA

This home is located at 2932 Norcade Cir, Sacramento, CA 95826 since 08 August 2019 and is currently estimated at $800,718, approximately $222 per square foot. This property was built in 1969. 2932 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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