NOT LISTED FOR SALE

Estimated Value: $511,000 - $613,865

4 Beds
3 Baths
1,950 Sq Ft
$286/Sq Ft Est. Value

Last Sold November 06, 2017

Last sale price $307,000 $157 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $3,425/month

57 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of November 2017

Fantastic opportunity for a great income-generating property in Rancho Cordova! This duplex features a 2 bed, 2 bath with 2 car garage on one side and a 2 bed, 1 bath with 1 car garage on the other. Both units are rented so your income starts as soon as the sale closes!

Last Agent to Sell the Property

Stephen Lanzi

Nationwide Real Estate License #01913279 Listed on: 07/18/2017

Last Buyer's Agent

James Charles

Sac Platinum Realty License #01459427

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,120

Lot Details

  • 9,335

Parking

  • 3 Car Garage

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Window Treatments

Additional Features

  • 9,335 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $2,450
  • Tenant pays for rent only
  • Assessor Parcel Number 072-0202-026-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 1 Unit Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,120

Lot Details

0

Parking

3

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Architectural Style: Ranch
  • Stories: 1
  • Year Built Details: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher,Disposal,Free Standing Gas Range
  • Flooring: Carpet,Linoleum/Vinyl
  • Window Features: Window Coverings

Exterior Features

  • Construction Materials: Wood
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,None
  • Listing Price: 314950.00
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Garage,Varies by Unit

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Folsom-Cordova

Lot Info

  • Zoning Description: RD 10
  • Lot Size Acres: 0.2143
  • Lot Size Sq Ft: 9335

Rental Info

  • Tenant Pays: Rent Only
  • Total Deposit: 2450
  • Total # Leasable: 2

Multi Family

  • Gross Income: 23580
  • Income Includes: Rent Only
  • Number of Leased Units: 2
  • Number of Month to Month Units: 1
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 072-0202-026-0000

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2024
Sold by
Aceves Horacio and Aceves Rosalinda
Bought by
Aceves Family Living Trust and Aceves
Current Estimated Value
$562,883

Purchase Details

Listed on
Jul 18, 2017
Closed on
Nov 1, 2017
Sold by
Glover Douglas W and Hale Melanie K
Bought by
Aceves Horacio and Aceves Rosalinda
Seller's Agent
Stephen Lanzi
Nationwide Real Estate
Buyer's Agent
James Charles
Sac Platinum Realty
List Price
$314,950
Sold Price
$307,000
Premium/Discount to List
-$7,950
-2.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.33%
Original Mortgage
$230,250
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 21, 2012
Closed on
Mar 22, 2012
Sold by
Giurato Joan R and Roschevitz Shirley J
Bought by
Glover Douglas W and Hale Melanie K
Seller's Agent
Michael Reilly
Granite Equity Group
Buyer's Agent
Shella Dewhurst
Game Realty
List Price
$169,000
Sold Price
$160,000
Premium/Discount to List
-$9,000
-5.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.32%
Original Mortgage
$112,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 2004
Sold by
Gilliam Lou Eva and Gilliam James Robert
Bought by
Giurato Joan R and Roschevitz Shirley J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
5.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 6, 2003
Sold by
Gilliam Lou Eva and James R & Lou Eva Gilliam 1990
Bought by
Gilliam Lou Eva and Gilliam James Robert

Purchase Details

Closed on
Feb 23, 1994
Sold by
Gilliam James R and Gilliam Lou Eva
Bought by
Gilliam James R and Gilliam Lou Eva
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
Aceves Family Living Trust -- None Listed On Document
Aceves Horacio $307,000 Placer Title Company
Glover Douglas W $160,000 Old Republic Title Company
Giurato Joan R $390,000 Financial Title Company
Gilliam Lou Eva -- --
Gilliam James R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Aceves Horacio $230,250
Previous Owner Glover Douglas W $112,500
Previous Owner Glover Douglas W $112,000
Previous Owner Giurato Joan R $312,000
Closed Giurato Joan R $39,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2017 11/06/17 Sold $307,000 -2.5% $157 / Sq Ft
09/13/2017 09/13/17 Pending -- -- --
07/18/2017 07/18/17 For Sale $314,950 +96.8% $162 / Sq Ft
03/29/2012 03/29/12 Sold $160,000 -5.3% $75 / Sq Ft
02/21/2012 02/21/12 Pending -- -- --
02/21/2012 02/21/12 For Sale $169,000 -- $79 / 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 $4,120 $349,307 $85,335 $263,972
2024 $4,120 $342,459 $83,662 $258,797
2023 $4,038 $335,745 $82,022 $253,723
2022 $3,988 $329,163 $80,414 $248,749
2021 $3,910 $322,710 $78,838 $243,872
2020 $3,886 $319,402 $78,030 $241,372
2019 $3,824 $313,140 $76,500 $236,640
2018 $3,725 $307,000 $75,000 $232,000
2017 $2,134 $173,158 $54,111 $119,047
2016 $2,077 $169,763 $53,050 $116,713
2015 $1,972 $167,214 $52,254 $114,960
2014 $2,100 $163,940 $51,231 $112,709
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 17045284

MetroList

APN: 072-0202-026