NOT LISTED FOR SALE

Estimated Value: $887,000 - $1,292,000

6 Beds
8 Baths
3,997 Sq Ft
$279/Sq Ft Est. Value

Last Sold June 18, 2024

Last sale price $1,100,000 $275 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $6,270/month

8 Days on Market

Highlights

  • New Construction
  • Tile Flooring
  • Central Heating and Cooling System
  • No HOA
  • Landscaped

About This Home

As of June 2024

Welcome to your contemporary oasis in Sacramento's vibrant Curtis Park neighborhood. This brand-new duplex offers the possibility to have 4 units, each with the potential for rental income, providing a 8.4% cap rate or the option to house hack and live rent-free while renting out the other units. Nestled in the coveted Curtis Park area, this duplex boasts two master suites on each side, complete with full bathrooms and kitchenettes. Unit 1A spans 1,744 sqft with 2 beds and 3 baths, while Unit 2A offers 1,748 sqft with the same layout. Additionally, each unit features two 251 sqft master suites with separate entrances. With the option to rent out all four units, maximizing income is within reach. Enjoy contemporary living with sleek finishes, open floor plans, and abundant natural light. Each unit has its own private entrance for added convenience and privacy. Whether you're an investor or seeking a mortgage-free lifestyle, this duplex offers a lucrative opportunity with a scheduled cap rate of 8.4% and brand-new construction. Take advantage of the vibrant neighborhood with parks, eateries, and community events nearby. Don't miss your chance to secure your future in one of Sacramento's most sought-after neighborhoods!

Last Agent to Sell the Property

Ben Marmol

Intero Real Estate Services License #02019279 Listed on: 05/13/2024

Intero Real Estate Services

Last Buyer's Agent

Kayla Slavensky

RE/MAX Gold Folsom License #02072983

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,276

Lot Details

  • 3,485 Sq Ft Lot
  • Landscaped

Home Design

  • New Construction
  • Duplex
  • Slab Foundation
  • Frame Construction
  • Tile Roof
  • Stucco
  • Adobe

Interior Spaces

  • 3,997 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer Hookup

Kitchen

  • Free-Standing Electric Range
  • Dishwasher

Flooring

  • Tile
  • Vinyl

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Parking

  • 4 Parking Spaces
  • On-Street Parking
  • Uncovered Parking

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • Water Heater

Listing and Financial Details

  • Tenant pays for rent only
  • Assessor Parcel Number 013-0281-028-0000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 3 Leased Units
  • Net Lease
  • Insurance Expense $408

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,276

Lot Details

3,485 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Subtype Description: Apartments
  • Property Subtype 1: Duplex
  • Levels: Two
  • Stories: 2
  • Year Built Details: New
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Free Standing Electric Range
  • Flooring: Tile, Vinyl
  • Price Per Square Foot: 275.21
  • Square Footage: 3997.00

Exterior Features

  • Construction Materials: Adobe, Stucco, Frame
  • Foundation: Slab
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 1225000.00
  • Lot Features: Curbs/Gutters, Sidewalk, Landscape Front
  • New Construction: No
  • Pool: No
  • Property Condition: New Construction
  • Roof: Tile
  • Spa: No

Garage/Parking

  • Parking Features: Street, Uncovered
  • Total Parking Spaces: 4.00

Utilities

  • Security: Carbon Mon Detector, Double Strapped Water Heater, Smoke Detector, Fire Suppression System
  • Sewer: Public Sewer
  • Utilities: City
  • Cooling: Central
  • Electric: 220 Volts
  • Heating: Central
  • Laundry Features: Washer/Dryer Hookups
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: R-1
  • Irrigation: None
  • Lot Size Acres: 0.0800
  • Lot Size Sq Ft: 3485.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Rent Only
  • Lease Expiration Date: 1800-01-011800-01-01
  • Lease Type: Net

Multi Family

  • Income Includes: ["Rent Only"]
  • Insurance Expense: 408
  • Number of Leased Units: 3
  • Number of Units: 4
  • Total Number Owner Occupied: 1

Tax Info

  • Assessor Parcel Number: 013-0281-028-0000
  • Current RE Taxes: 1276
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2024
Closed on
Jun 14, 2024
Sold by
Aspenwood Holdings Llc
Bought by
Saini Parminder
Seller's Agent
Ben Marmol
Intero Real Estate Services
Buyer's Agent
Kayla Slavensky
RE/MAX Gold Folsom
List Price
$1,225,000
Sold Price
$1,100,000
Premium/Discount to List
-$125,000
-10.2%
Views
10
Current Estimated Value
$1,113,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,473
Avg. Annual Appreciation
0.73%
Original Mortgage
$825,000
Outstanding Balance
$814,160
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$299,313

Purchase Details

Listed on
May 13, 2024
Closed on
Jun 11, 2024
Sold by
Saini Komal Deep
Bought by
Saini Parminder S
Seller's Agent
Ben Marmol
Intero Real Estate Services
Buyer's Agent
Kayla Slavensky
RE/MAX Gold Folsom
List Price
$1,225,000
Sold Price
$1,100,000
Premium/Discount to List
-$125,000
-10.2%
Views
10

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Outstanding Balance
$814,160
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$299,313

Purchase Details

Closed on
Dec 1, 2021
Sold by
Hernandez Juan C and Artiaga Elvira
Bought by
Aspenwood Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
3.14%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Saini Parminder $1,100,000 First American Title
Saini Parminder $1,100,000 First American Title
Saini Parminder S -- First American Title
Aspenwood Holdings Llc $120,000 Placer Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saini Parminder $825,000
Closed Saini Parminder $825,000
Previous Owner Aspenwood Holdings Llc $95,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/18/2024 06/18/24 Sold $1,100,000 -10.2% $275 / Sq Ft
05/21/2024 05/21/24 Pending -- -- --
05/13/2024 05/13/24 For Sale $1,225,000 -- $306 / Sq Ft
Source: MetroList

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 $6,411 $1,122,000 $249,900 $872,100
2024 $6,411 $532,848 $124,848 $408,000
2023 $1,426 $122,400 $122,400 $0
2022 $1,425 $120,000 $120,000 $0
2021 $2,444 $11,246 $9,139 $2,107
2020 $171 $11,132 $9,046 $2,086
2019 $230 $10,915 $8,869 $2,046
2018 $164 $10,702 $8,696 $2,006
2017 $162 $10,493 $8,526 $1,967
2016 $158 $10,288 $8,359 $1,929
2015 $156 $10,135 $8,234 $1,901
2014 $153 $9,937 $8,073 $1,864
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 224050669

MetroList

APN: 013-0281-028

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