NOT LISTED FOR SALE

Estimated Value: $350,000 - $747,000

8 Beds
4 Baths
2,800 Sq Ft
$204/Sq Ft Est. Value

Last Sold February 15, 2017

Last sale price $221,500 $79 Per Sq Ft

Est. 157% increase in value since last sale

Current estimated payment $3,259/month

376 Days on Market

About This Home

As of February 2017

Bank approved short sale. Great upside potential on this Value added 4 plex project. Currently 3 of the 4 units are rented and in average condition on the inside. The fourth unit is non habitable. This property has some settling at the rear of the building. Agent has additional pictures available.

Last Agent to Sell the Property

Ron Benning

LPT Realty, Inc License #01058898 Listed on: 12/10/2015

LPT Realty, Inc

Last Buyer's Agent

Ron Benning

LPT Realty, Inc License #01058898 Listed on: 12/10/2015

LPT Realty, Inc

Property Details

Home Type

  • Multi-Family

Lot Details

  • 5,663 Sq Ft Lot

Home Design

  • Quadruplex
  • Split Level Home
  • Fixer Upper
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Carbon Monoxide Detectors

Parking

  • 4 Open Parking Spaces
  • 1 Parking Space Included

Utilities

  • Window Unit Cooling System
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity gas
  • Assessor Parcel Number 263-0341-008-0000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 1 Vacant Unit
  • 3 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Levels: MultiSplit
  • Stories: 2
  • Year Built Details: Unknown
  • Special Features: 76
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Oven,Varies By Unit
  • Other Equipment: None
  • Flooring: Carpet,Tile,Varies by Unit,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Block,Stucco
  • Disclosures/Documents: CC&Rs,Natural Hazard Disclosure Available,Rental/Lease Agmts
  • Listing Price: 225000.00
  • Property Condition: Fixer
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 4
  • Parking Features: 1 Space Per Unit

Utilities

  • Security: Carbon Mon Detector
  • Cooling: Window Unit(s)
  • Heating: Wall Furnace

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Twin Rivers Unified

Lot Info

  • Zoning Description: Quadplex
  • Lot Size Acres: 0.1300
  • Lot Dimensions: 47x102x103x65
  • Lot Size Sq Ft: 5663

Rental Info

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

Multi Family

  • Income Includes: Rent Only
  • Number of Month to Month Units: 3
  • Number of Units: 4
  • Number of Vacant Units: 1
  • Units Furnished: None
  • Gross Income Multiplier: 7.140

Tax Info

  • Assessor Parcel Number: 263-0341-008-0000

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2015
Closed on
Feb 9, 2017
Sold by
Scott Paul R
Bought by
Segura Guillermo and Contreras Veronica Guerrero
Seller's Agent
Ron Benning
LPT Realty, Inc
Buyer's Agent
Ron Benning
LPT Realty, Inc
List Price
$240,000
Sold Price
$221,500
Premium/Discount to List
-$18,500
-7.71%
Current Estimated Value
$569,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$348,454
Avg. Annual Appreciation
11.12%

Purchase Details

Closed on
Nov 17, 2004
Sold by
Stenberg Erland L and Stenberg Mary Ann
Bought by
Scott Paul R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,700
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 5, 2004
Sold by
Scott Andrea
Bought by
Scott Paul R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,700
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Segura Guillermo $221,500 Chicago Title Company
Scott Paul R $450,000 First American Title Ins Co
Scott Paul R -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Scott Paul R $333,700
Closed Scott Paul R $71,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/15/2017 02/15/17 Sold $221,500 -7.7% $79 / Sq Ft
12/20/2016 12/20/16 Pending -- -- --
12/10/2015 12/10/15 For Sale $240,000 -- $86 / 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 $3,601 $257,063 $81,487 $175,576
2024 $3,601 $252,024 $79,890 $172,134
2023 $3,728 $247,083 $78,324 $168,759
2022 $3,540 $242,239 $76,789 $165,450
2021 $3,517 $237,490 $75,284 $162,206
2020 $3,477 $235,056 $74,513 $160,543
2019 $3,431 $230,448 $73,052 $157,396
2018 $3,438 $225,930 $71,620 $154,310
2017 $3,935 $221,500 $70,179 $151,321
2016 $3,993 $294,503 $62,660 $231,843
2015 $3,631 $277,834 $59,114 $218,720
2014 $3,635 $267,148 $56,840 $210,308
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 15076510

MetroList

APN: 263-0341-008