NOT LISTED FOR SALE

3031 Connie Dr Sacramento, CA 95815

Ben Ali Neighborhood

Estimated Value: $337,000 - $453,000

3 Beds
2 Baths
750 Sq Ft
$517/Sq Ft Est. Value

Last Sold June 20, 2023

Last sale price $300,000 $400 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,550/month

14 Days on Market

Highlights

  • No HOA
  • Carpet
  • 1-Story Property

About This Home

As of June 2023

And here it is... the cash-flowing duplex everyon wants. This duplex is the perfect fit a new or seasoned investor. The front unit is a 1 bedroom, 1 bath and the 2nd unit is a 2 bedroom, 1 bath. Closely located to freeways and convenience stores, this property resides between a commercial property and a small apartment complex. BUILD YOUR RENTAL PORTFOLIO WITH A GREAT MONTHLY RETURN!!!

Last Agent to Sell the Property

Matthew Hindy

Nick Sadek Sotheby's International Realty License #01945937 Listed on: 06/01/2023

Last Buyer's Agent

Matthew Hindy

Nick Sadek Sotheby's International Realty License #01945937 Listed on: 06/01/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,117

Year Built

  • Built in 1940

Lot Details

  • 6,534

Home Design

  • Duplex
  • Raised Foundation

Flooring

  • Carpet
  • Laminate

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 3 Parking Spaces
  • Uncovered Parking

Utilities

  • Wall Furnace
  • Water Heater

Additional Features

  • 1-Story Property
  • 6,534 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 266-0160-008-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Leased Unit
  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,117

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Apartments
  • Property Subtype 1: Duplex
  • Stories: 1
  • Year Built: 1940
  • Stories: 1
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Laminate
  • Price Per Square Foot: 198.15

Exterior Features

  • Construction Materials: Wood
  • Foundation: Raised
  • Listing Price: 345000.00
  • Lot Features: None

Garage/Parking

  • Parking Features: Uncovered
  • Total Parking Spaces: 3.00

Utilities

  • Security: Carbon Mon Detector, Double Strapped Water Heater, Smoke Detector, Varies By Unit
  • Sewer: In & Connected
  • Utilities: City
  • Cooling: Varies by Unit
  • Heating: Wall Furnace, Varies by Unit
  • Laundry Features: Varies by Unit
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Twin Rivers Unified

Lot Info

  • Zoning Description: M-1
  • Irrigation: Public District
  • Lot Size Acres: 0.1500
  • Lot Size Sq Ft: 6534.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Total # Leasable: 2

Multi Family

  • Income Includes: Rent Only
  • Number of Leased Units: 1
  • Number of Units: 2
  • Number of Vacant Units: 1

Tax Info

  • Assessor Parcel Number: 266-0160-008-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2023
Closed on
May 17, 2023
Sold by
Nelson-Remington Living Trust
Bought by
Tayeb Mohammad
Seller's Agent
Matthew Hindy
Nick Sadek Sotheby's International Realty
Buyer's Agent
Matthew Hindy
Nick Sadek Sotheby's International Realty
List Price
$345,000
Sold Price
$300,000
Premium/Discount to List
-$45,000
-13.04%
Views
65
Current Estimated Value
$387,683

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,683
Avg. Annual Appreciation
11.38%
Original Mortgage
$225,000
Outstanding Balance
$218,503
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$169,180

Purchase Details

Closed on
Feb 18, 2022
Sold by
Nelson and Wendy
Bought by
Nelson-Remington Living Trust

Purchase Details

Closed on
Dec 14, 2006
Sold by
Remington Wendy
Bought by
Remington Wendy and Wendy Remington Living Trust

Purchase Details

Closed on
Sep 12, 2003
Sold by
Helms Robert
Bought by
Remington Wendy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,400
Interest Rate
4.24%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 9, 2002
Sold by
Buchholz Ronald
Bought by
Helms Robert and Remington Wendy

Purchase Details

Closed on
Sep 8, 2002
Sold by
Trey Investments
Bought by
Buchholz Ronald

Purchase Details

Closed on
Jul 9, 2001
Sold by
Long Jerry D and Long Joan
Bought by
Trey Investments

Purchase Details

Closed on
Jul 1, 1994
Sold by
Long Jerry D
Bought by
Long Jerry D and Long Joan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,500
Interest Rate
8.53%

Purchase Details

Closed on
Mar 10, 1993
Sold by
Leen Jorma M and Leen Alfred V
Bought by
Long Jerry D
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
Tayeb Mohammad $300,000 Placer Title
Nelson-Remington Living Trust -- None Listed On Document
Nelson Eric -- None Listed On Document
Remington Wendy -- None Available
Remington Wendy $66,000 First American Title Co
Helms Robert $125,000 Financial Title Company
Buchholz Ronald -- Financial Title Company
Buchholz Ronald $105,000 Financial Title Company
Trey Investments $81,000 Landsafe Title Company
Long Jerry D -- First American Title Ins Co
Long Jerry D $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tayeb Mohammad $225,000
Previous Owner Remington Wendy $131,400
Previous Owner Long Jerry D $84,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2023 06/20/23 Sold $300,000 -13.0% $400 / Sq Ft
06/15/2023 06/15/23 Pending -- -- --
06/13/2023 06/13/23 Price Changed $345,000 0.0% $460 / Sq Ft
06/13/2023 06/13/23 For Sale $345,000 -8.0% $460 / Sq Ft
06/02/2023 06/02/23 Pending -- -- --
06/01/2023 06/01/23 For Sale $375,000 -- $500 / 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 $6,117 $312,120 $93,636 $218,484
2024 $6,117 $306,000 $91,800 $214,200
2023 $2,523 $196,311 $44,720 $151,591
2022 $2,381 $192,463 $43,844 $148,619
2021 $2,369 $188,690 $42,985 $145,705
2020 $2,343 $186,756 $42,545 $144,211
2019 $2,313 $183,095 $41,711 $141,384
2018 $2,199 $179,506 $40,894 $138,612
2017 $2,247 $175,988 $40,093 $135,895
2016 $2,243 $172,538 $39,307 $133,231
2015 $2,112 $169,947 $38,717 $131,230
2014 $2,151 $166,619 $37,959 $128,660
Source: Public Records

Agents Affiliated with this Home

  • Matthew Hindy

    Seller's Agent in 2023

    Matthew Hindy

    Nick Sadek Sotheby's International Realty

    (916) 687-1001

    1 in this area

    179 Total Sales

    Matthew Hindy
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Map

Source: MetroList

MLS Number: 223049648

MetroList

APN: 266-0160-008

California Sacramento County Sacramento 95815 Ben Ali

3031 Connie Dr, Sacramento, CA

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