NOT LISTED FOR SALE

Estimated Value: $688,000 - $715,000

6 Beds
6 Baths
2,326 Sq Ft
$301/Sq Ft Est. Value

Last Sold July 26, 2024

Last sale price $700,000 $301 Per Sq Ft

Current estimated payment $4,100/month

7 Days on Market

Highlights

  • Corner Lot
  • Patio
  • 2 Car Garage
  • No HOA
  • Central Heating and Cooling System
  • Carpet

About This Home

As of July 2024

This is a great income opportunity! Spacious duplex located in Natomas on a large corner lot! Each unit is approximately 1163 square feet and has a living room with fireplace, kitchen is adjacent to the dining room area and half bathroom. Upstairs there are two good size bedrooms with closet space and 1 full bath access. The primary bedroom has a full bathroom and walk-in closet. This prime location means you're just a quick drive to the freeway in either direction, making commuting a breeze! Centrally located near shopping, gyms, restaurants, grocery stores, and schools all within easy reach.

Last Agent to Sell the Property

Steven Lamothe

Keller Williams Realty License #01953465 Listed on: 07/03/2024

Keller Williams Realty

Co-Listed By

Nick Gonzales

Keller Williams Realty License #02027038

Last Buyer's Agent

Wendy Calero

Windermere Signature Properties Natomas License #02116428

Windermere Signature Properties Natomas

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,549

Year Built

  • Built in 1985

Lot Details

  • 0.27 Acre Lot
  • Corner Lot

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Slab Foundation
  • Frame Construction
  • Stucco

Interior Spaces

  • 2,326 Sq Ft Home
  • 2-Story Property
  • Laundry in unit

Kitchen

  • Built-In Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Linoleum

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • 220 Volts

Listing and Financial Details

  • Tenant pays for electricity, grounds care
  • Assessor Parcel Number 225-0725-012-000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Units Leased Month-To-Month
  • Net Lease
  • Maintenance Expense $23,832
  • Professional Management Expense $2,971
  • Operating Expense $34,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,549

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Subtype Description: House(s)
  • Property Subtype 1: Duplex
  • Year Built: 1985
  • Architectural Style: Ranch
  • Stories: 2
  • Number of Three Bedroom Units: 2
  • ResoPropertyType: ResidentialIncome
  • Number Of3 Bedrooms Occupied: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Electric Range, Dishwasher
  • Flooring: Carpet, Linoleum
  • Price Per Square Foot: 300.95
  • Square Footage: 2326.00

Exterior Features

  • Construction Materials: Stucco, Frame, Wood
  • Disclosures/Documents: Preliminary Title Report, Structural Pest Control Report, Other, Natural Hazard Disclosure Available
  • Foundation: Slab
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 650000.00
  • Lot Features: Corner, Shape Regular
  • New Construction: No
  • Patio And Porch Features: Uncovered Patio
  • Pool: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 4.00

Utilities

  • Security: Carbon Mon Detector, Smoke Detector
  • Sewer: In & Connected
  • Utilities: Electric
  • Cooling: Central
  • Electric: 220 Volts
  • Heating: Central
  • Laundry Features: In Each Unit, Other
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Natomas Unified

Lot Info

  • Zoning Description: R1
  • Irrigation: Public District
  • Lot Size Acres: 0.2700
  • Lot Size Sq Ft: 11761.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Grounds Care, Other
  • Lease Expiration Date: 1800-01-011800-01-01
  • Lease Type: Net

Multi Family

  • Operating Expense: 34800
  • Income Includes: ["See Remarks"]
  • Total Number Leasable: 2
  • Maintenance Expense: 23832
  • Number of Month to Month Units: 2
  • Number of Units: 2
  • Three Bedroom Annual Occupancy: 100
  • Three Bedroom Rent Range: 1740-2095

Tax Info

  • Assessor Parcel Number: 225-0725-012-000
  • Current RE Taxes: 6549
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2024
Closed on
Jul 23, 2024
Sold by
Costello Trust and Costello John Paul
Bought by
Bontadelli Morris Family Trust and Anny J Family Trust
Seller's Agent
Steven Lamothe
Keller Williams Realty
Buyer's Agent
Wendy Calero
Windermere Signature Properties Natomas
List Price
$650,000
Sold Price
$700,000
Premium/Discount to List
$50,000
7.69%
Views
70
Current Estimated Value
$700,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$670
Avg. Annual Appreciation
0.09%

Purchase Details

Closed on
Feb 27, 2007
Sold by
Costello John P
Bought by
Costello John Paul and Costello Trust

Purchase Details

Closed on
Apr 26, 1997
Sold by
Baker James Alvin
Bought by
Costello John P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
7.96%
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
Bontadelli Morris Family Trust $700,000 First American Title Company
Costello John Paul -- None Available
Costello John P $146,000 Placer Title Company
Baker James Alvin -- Placer Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Costello John P $105,400
Previous Owner Costello John P $113,350
Previous Owner Baker James Alvin $116,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2024 07/26/24 Sold $700,000 +7.7% $301 / Sq Ft
07/10/2024 07/10/24 Pending -- -- --
07/03/2024 07/03/24 For Sale $650,000 -- $279 / 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 $3,476 $700,000 $145,000 $555,000
2024 $3,476 $233,099 $47,887 $185,212
2023 $3,302 $228,530 $46,949 $181,581
2022 $3,249 $224,050 $46,029 $178,021
2021 $3,263 $219,658 $45,127 $174,531
2020 $3,260 $217,407 $44,665 $172,742
2019 $3,212 $213,145 $43,790 $169,355
2018 $3,102 $208,967 $42,932 $166,035
2017 $3,032 $204,871 $42,091 $162,780
2016 $2,961 $200,855 $41,266 $159,589
2015 $2,884 $197,839 $40,647 $157,192
2014 $2,740 $193,964 $39,851 $154,113
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 224072645

MetroList

APN: 225-0725-012