NOT LISTED FOR SALE

Estimated Value: $589,608 - $758,000

8 Beds
4 Baths
3,395 Sq Ft
$198/Sq Ft Est. Value

Last Sold June 26, 2013

Last sale price $260,000 $77 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $4,361/month

7 Days on Market

Highlights

  • Double Pane Windows
  • 2-minute walk to Starfire
  • Laundry Facilities
  • Central Heating and Cooling System

About This Home

As of June 2013

McCuen style 4 plex, offers immediate cash flow. Enclosed garages, on site laundry room. Each unit 2br/1ba, most units updated. Recently installed HVAC. HOA includes roof, exterior paint, grounds maintenance and pool.

Last Agent to Sell the Property

Suzanne Gaytan

GMC Realty License #01193607 Listed on: 05/10/2013

Last Buyer's Agent

Suzanne Gaytan

GMC Realty License #01193607 Listed on: 05/10/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,058

Year Built

  • Built in 1965

Lot Details

  • 9,932 Sq Ft Lot

HOA Fees

  • $360 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Quadruplex
  • Split Level Home
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Double Pane Windows

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable tv electricity see remarks
  • Assessor Parcel Number 075-0162-017-0000

Community Details

Overview

  • 4 Units
  • Cypress Meadows Subdivision

Amenities

  • Laundry Facilities

Building Details

  • 3 Leased Units
  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,058

Year Built

Built in 1965

Lot Details

0

HOA Fees

$360 per month

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1965
  • Levels: MultiSplit
  • Stories: 2
  • Subdivision: Cypress Meadows
  • Number of Two Bedroom Units: 4
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2009

Interior Features

  • Appliances: Dishwasher,Free Standing Electric Range,Free Standing Refrigerator
  • Flooring: Carpet,Linoleum/Vinyl
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Frame,Stucco
  • Disclosures/Documents: CC&Rs,Natural Hazard Disclosure Available,Rental/Lease Agmts
  • Listing Price: 219000.00
  • Roof: Composition

Garage/Parking

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

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Utilities: Cable Connected
  • Cooling: Central
  • Heating: Central
  • Laundry Features: Washer/Dryer Owned

Condo/Co-op/Association

  • Association Features: Pool,Public Trans Nearby
  • Association Fee: 360
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: RD20
  • Lot Size Acres: 0.2280
  • Lot Size Sq Ft: 9932

Rental Info

  • Tenant Pays: Cable TV,Electricity,See Remarks

Multi Family

  • Gross Income: 37668
  • Income Includes: Laundry
  • Number of Leased Units: 3
  • Number of Units: 4
  • Number of Vacant Units: 1
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 075-0162-017-0000

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2013
Closed on
Jun 12, 2013
Sold by
Amoruso Gregory S and Amoruso Bonnie L
Bought by
Hunt Gordon
Seller's Agent
Suzanne Gaytan
GMC Realty
Buyer's Agent
Suzanne Gaytan
GMC Realty
List Price
$219,000
Sold Price
$260,000
Premium/Discount to List
$41,000
18.72%
Current Estimated Value
$672,402

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$412,402
Avg. Annual Appreciation
8.52%
Original Mortgage
$195,000
Outstanding Balance
$139,589
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$563,590

Purchase Details

Closed on
Nov 7, 2008
Sold by
American Home Mortgage
Bought by
Amoruso Gregory S and Amoruso Bonnie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,700
Interest Rate
5.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 25, 2007
Sold by
Pinchem Leslie
Bought by
American Home Mortgage

Purchase Details

Closed on
Jan 15, 2005
Sold by
Cypress Meadows North Llc
Bought by
Pinchem Leslie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 12, 2004
Sold by
Arthur Gerald D and Arthur Dorothy P
Bought by
Cypress Meadows North Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,540,000
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 19, 2002
Sold by
Cypress Meadows Investors Llc
Bought by
Arthur Gerald D and Arthur Dorothy P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,732,500
Interest Rate
6.8%
Mortgage Type
Balloon

Purchase Details

Closed on
May 31, 2001
Sold by
Cypress Meadows Llc
Bought by
Munson Alden V and Munson Jane S

Purchase Details

Closed on
Nov 1, 1996
Sold by
Hllingshead Peter
Bought by
Cypress Meadows Investors Llc

Purchase Details

Closed on
Mar 21, 1996
Sold by
Hollingshead Susan
Bought by
Hollingshead Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,500
Interest Rate
7.05%

Purchase Details

Closed on
Mar 13, 1996
Sold by
Pine Civic Associates
Bought by
Hollingshead Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,500
Interest Rate
7.05%
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
Hunt Gordon $260,000 First American Title Co
Amoruso Gregory S $191,000 Lsi Title Company
American Home Mortgage $404,530 None Available
Pinchem Leslie $550,000 Chicago Title Co
Cypress Meadows North Llc -- First American Title Ins Co
Arthur Gerald D -- North American Title Co
Munson Alden V -- North American Title Co
Cypress Meadows Investors Llc -- --
Hollingshead Peter -- North American Title Co
Hollingshead Peter $155,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hunt Gordon $195,000
Previous Owner Amoruso Gregory S $133,700
Previous Owner Pinchem Leslie $385,000
Previous Owner Cypress Meadows North Llc $10,540,000
Previous Owner Arthur Gerald D $4,732,500
Previous Owner Hollingshead Peter $106,500
Closed Pinchem Leslie $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2013 06/26/13 Sold $260,000 +18.7% $77 / Sq Ft
05/16/2013 05/16/13 Pending -- -- --
05/09/2013 05/09/13 For Sale $219,000 -- $65 / 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 $4,058 $320,161 $128,064 $192,097
2024 $4,058 $313,884 $125,553 $188,331
2023 $3,963 $307,731 $123,092 $184,639
2022 $3,893 $301,698 $120,679 $181,019
2021 $3,716 $295,783 $118,313 $177,470
2020 $3,741 $292,751 $117,100 $175,651
2019 $3,661 $287,011 $114,804 $172,207
2018 $3,567 $281,384 $112,553 $168,831
2017 $3,518 $275,868 $110,347 $165,521
2016 $3,299 $270,460 $108,184 $162,276
2015 $3,253 $266,398 $106,559 $159,839
2014 $3,165 $261,180 $104,472 $156,708
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 13026304

MetroList

APN: 075-0162-017