NOT LISTED FOR SALE

2941 Norcade Cir Sacramento, CA 95826

Rosemont Neighborhood

Estimated Value: $700,891 - $832,000

8 Beds
4 Baths
3,600 Sq Ft
$214/Sq Ft Est. Value

Last Sold July 03, 2018

Last sale price $500,000 $139 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $5,332/month

13 Days on Market

Highlights

  • Craftsman Architecture
  • 1-minute walk to Starfire
  • 4-minute walk to Manlove Park
  • Double Pane Windows
  • Central Heating and Cooling System

About This Home

As of July 2018

Beautiful Fourplex located in the quiet community of Cypress Meadows. HOA is included in this property and covers everything except your building itself. Come take advantage of this opportunity. Rents are below market by 50%!

Last Agent to Sell the Property

Matthew Sarro

Collier's International CA, Inc. License #01942991 Listed on: 05/23/2018

Last Buyer's Agent

Mavash Sadri

Windermere Signature Properties Fair Oaks License #01465368

Windermere Signature Properties Fair Oaks

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,247

Year Built

  • Built in 1965

Lot Details

  • 8,276

HOA Fees

  • $360 Monthly HOA Fees

Parking

  • 4 Car Garage

Home Design

  • Quadruplex
  • Craftsman Architecture
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Double Pane Windows

Additional Features

  • 8,276 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity gas
  • Assessor Parcel Number 075-0162-018

Community Details

Overview

  • 4 Units

Building Details

  • 4 Leased Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,247

Year Built

Built in 1965

Lot Details

0

HOA Fees

$360 per month

Parking

4

Listing Details

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

Interior Features

  • Appliances: Dishwasher,Disposal,Varies By Unit
  • Other Equipment: Varies by Unit
  • Flooring: Carpet,Laminate,Tile,Varies by Unit,Linoleum/Vinyl
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Stucco,See Remarks
  • Disclosures/Documents: Rental/Lease Agmts,None
  • Listing Price: 550000.00
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: 1 Space Per Unit
  • Total Parking Spaces: 4

Utilities

  • Security: Varies By Unit
  • Cooling: Central
  • Heating: Central
  • Laundry Features: Washer/Dryer Owned,Washer/Dryer

Condo/Co-op/Association

  • Association Features: Barbeque,Pool Heated,Varies By Unit
  • Association Fee: 360
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: RD-20
  • Lot Size Acres: 0.1900
  • Lot Size Sq Ft: 8276

Rental Info

  • Tenant Pays: Electricity,Gas
  • Total # Leasable: 1

Multi Family

  • Gross Income: 41040
  • Income Includes: Rent Only
  • Number of Leased Units: 4
  • Number of Units: 4
  • Units Furnished: Varies By Unit

Tax Info

  • Assessor Parcel Number: 075-0162-018

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 11, 2025
Sold by
H Tiles Llc
Bought by
H Tiles Llc
Total Days on Market
13
Current Estimated Value
$770,973

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$568,000
Outstanding Balance
$566,528
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$224,603

Purchase Details

Closed on
May 11, 2023
Sold by
Hakim Family Trust
Bought by
H Tiles Llc

Purchase Details

Closed on
Mar 8, 2019
Sold by
Hakim Mahsa
Bought by
Hakim Seyed Ahmad and Mortazavi Maryam

Purchase Details

Listed on
May 23, 2018
Closed on
Jun 22, 2018
Sold by
Nice Richard J and Nice Catherine K
Bought by
Hakim Mahsa
Seller's Agent
Matthew Sarro
Collier's International CA, Inc.
Buyer's Agent
Mavash Sadri
Windermere Signature Properties Fair Oaks
List Price
$550,000
Sold Price
$500,000
Premium/Discount to List
-$50,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.64%

Purchase Details

Closed on
Nov 7, 2005
Sold by
Nice Catherine and Nice Richard
Bought by
Nice Richard J and Nice Catherine K

Purchase Details

Closed on
Jan 15, 2005
Sold by
Cypress Meadows North Llc
Bought by
Nice Richard and Nice Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,000
Interest Rate
1.37%
Mortgage Type
New Conventional

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
Hollingshead Peter
Bought by
Cypress Meadows Investors Llc

Purchase Details

Closed on
Mar 12, 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
$124,000
Interest Rate
7.01%
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
H Tiles Llc -- Fidelity National Title Compan
H Tiles Llc -- Fidelity National Title Compan
H Tiles Llc -- None Listed On Document
Hakim Seyed Ahmad $480,000 First American Title Company
Hakim Mahsa $500,000 First American Title Company
Nice Richard J -- --
Nice Richard $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 $155,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open H Tiles Llc $568,000
Closed H Tiles Llc $568,000
Previous Owner Nice Richard J $419,900
Previous Owner Nice Richard $412,000
Previous Owner Cypress Meadows North Llc $10,540,000
Previous Owner Arthur Gerald D $4,732,500
Previous Owner Hollingshead Peter $124,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2018 07/03/18 Sold $500,000 -9.1% $139 / Sq Ft
06/05/2018 06/05/18 Pending -- -- --
05/23/2018 05/23/18 For Sale $550,000 -- $153 / 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 $9,247 $780,300 $275,706 $504,594
2024 $9,247 $765,000 $270,300 $494,700
2023 $6,760 $552,181 $188,706 $363,475
2022 $6,644 $541,355 $185,006 $356,349
2021 $6,333 $530,741 $181,379 $349,362
2020 $6,384 $525,300 $179,520 $345,780
2019 $6,076 $500,000 $176,000 $324,000
2018 $5,194 $426,000 $150,000 $276,000
2017 $3,835 $304,352 $91,304 $213,048
2016 $3,363 $276,684 $83,004 $193,680
2015 $3,129 $256,190 $76,856 $179,334
2014 $2,912 $239,430 $71,828 $167,602
Source: Public Records

Agents Affiliated with this Home

  • Matthew Sarro

    Seller's Agent in 2018

    Matthew Sarro

    Collier's International CA, Inc.

    (916) 616-5267

    63 Total Sales

    Matthew Sarro
    Section Image
  • Mavash Sadri

    Buyer's Agent in 2018

    Mavash Sadri

    Windermere Signature Properties Fair Oaks

    (916) 548-9387

    18 Total Sales

    Mavash Sadri
    Section Image
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Map

Source: MetroList

MLS Number: 18033947

MetroList

APN: 075-0162-018

California Sacramento County Sacramento 95826 Rosemont

2941 Norcade Cir, Sacramento, CA

This home is located at 2941 Norcade Cir, Sacramento, CA 95826 since 23 May 2018 and is currently estimated at $770,973, approximately $214 per square foot. This property was built in 1965. 2941 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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