Jim Amen
Amen Real Estate
(279) 972-9291
99 Total Sales
1 in North Oak Park
$590,000 Price
3125 3rd Ave Sacramento, CA 95817
North Oak Park Neighborhood
11
Beds
7
Baths
3,900
Sq Ft
6,098
Sq Ft Lot
Highlights
- No HOA
- Tile Flooring
- Central Heating and Cooling System
- Cottage
About This Home
As of September 2024Fantastic Investment opportunity in one of Sacramento's fastest growing neighborhoods, Oak Park. ~3,900sqft total in 3 total buildings spread across a 6,098sqft lot. FRONT unit: 4bed, 2bath, ~1,500sqft, detached, laundry in unit, access from 3rd ave, 1 off street parking space. MIDDLE 2 UNITS: 1bed+DEN, 1bath, ~600sqft & 1bed+DEN, 1bath, ~600sqft, two story building, laundry in both units, and large storage closets. BACK UNIT: 3bed, 2.5bath, ~1,200sqft, detached, laundry in unit, access from Alley, 1 off street parking space. All units have undergone extensive renovations and retrofits which should leave the next owner with little future on going maintenance. 1 of 4 units rented, the front house at a total of $2,995 per month for one year; the current owner is prepared to deliver the property with 3 units vacant or can help lease up the entire property. This is an excellent opportunity for an investor looking for a stable asset in Sacramento with a ton of potential upside. This could also make a good investment for someone that wants to live in one unit and rent the other three. The property, with estimated market rents and expenses, could achieve a 8.59CAP, 9.6GRM and is being sold at approximately $294 per sqft.
Last Agent to Sell the Property
Coldwell Banker Realty License #01975620 Listed on: 08/01/2024
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1918
Lot Details
- 6,098 Sq Ft Lot
Home Design
- Quadruplex
- Cottage
- Bungalow
- Raised Foundation
- Slab Foundation
- Frame Construction
Interior Spaces
- 3,900 Sq Ft Home
- 2-Story Property
- Laundry in unit
Flooring
- Tile
- Vinyl
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 2 Open Parking Spaces
- 2 Parking Spaces
- Off-Street Parking
Utilities
- Central Heating and Cooling System
- Ductless Heating Or Cooling System
- 220 Volts
- Natural Gas Connected
Listing and Financial Details
- Assessor Parcel Number 010-0365-016-0000
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 4 Units
Building Details
- 1 Leased Unit
- 3 Vacant Units
- Net Lease
- Net Operating Income $98,600
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 1, 2024
Closed on
Sep 17, 2024
Sold by
Bought by
Seller's Agent
Michael Nerby
Coldwell Banker Realty
Buyer's Agent
Antonio Cardenas
Grounded R.E.
List Price
$1,300,000
Sold Price
$1,200,000
Premium/Discount to List
-$100,000
-7.69%
Views
59
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Outstanding Balance
$783,931
Interest Rate
6.49%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 27, 2023
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,074
Interest Rate
6.65%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 6, 2004
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in North Oak Park, CA
-
Jim Amen
-
Keith Maddock
Keith Maddock
Windermere Signature Properties Sierra Oaks
(510) 616-3269
14 Total Sales
1 in North Oak Park
$656,750 Price
-
Judy Cuong
Judy Cuong
Portfolio Real Estate
(279) 399-5853
283 Total Sales
1 in North Oak Park
$760,000 Price
-
Mark Daya
Mark Daya
Sac Platinum Realty
(279) 759-0120
278 Total Sales
1 in North Oak Park
$350,000 Price
-
Linda Fong
Linda Fong
Coldwell Banker Realty
(949) 989-5301
85 Total Sales
1 in North Oak Park
$415,000 Price
-
Paula Swayne
Paula Swayne
Dunnigan, REALTORS
(279) 203-0917
55 Total Sales
1 in North Oak Park
$550,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,200,000 | First American Title Company | ||
| $1,586,000 | Chicago Title Company | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $800,000 | ||
| Previous Owner | $11,074 | ||
| Previous Owner | $596,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/25/2024 09/25/24 | Sold | $1,200,000 | +4.3% | $308 / Sq Ft |
| 09/02/2024 09/02/24 | Pending | -- | -- | -- |
| 08/27/2024 08/27/24 | Price Changed | $1,150,000 | -8.0% | $295 / Sq Ft |
| 08/13/2024 08/13/24 | Price Changed | $1,250,000 | -3.8% | $321 / Sq Ft |
| 08/01/2024 08/01/24 | For Sale | $1,300,000 | -- | $333 / Sq Ft |
Source: MetroList
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $14,237 | $1,224,000 | $153,000 | $1,071,000 |
| 2025 | $14,237 | $1,200,000 | $150,000 | $1,050,000 |
| 2024 | $4,777 | $377,400 | $153,000 | $224,400 |
| 2023 | $1,082 | $67,431 | $17,383 | $50,048 |
| 2022 | $1,062 | $66,110 | $17,043 | $49,067 |
| 2021 | $1,018 | $64,814 | $16,709 | $48,105 |
| 2020 | $1,018 | $64,150 | $16,538 | $47,612 |
| 2019 | $998 | $62,893 | $16,214 | $46,679 |
| 2018 | $973 | $61,661 | $15,897 | $45,764 |
| 2017 | $958 | $60,453 | $15,586 | $44,867 |
| 2016 | $874 | $59,269 | $15,281 | $43,988 |
| 2015 | $859 | $58,380 | $15,052 | $43,328 |
| 2014 | $840 | $57,238 | $14,758 | $42,480 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Nerby
Seller's Agent in 2024
Michael Nerby
Coldwell Banker Realty
(916) 847-5409
12 in this area
55 Total Sales
-
Antonio Cardenas
Buyer's Agent in 2024
Antonio Cardenas
Grounded R.E.
(916) 541-4051
2 in this area
111 Total Sales
Map
Source: MetroList
MLS Number: 224080798
APN: 010-0365-016
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Nearby Homes
Your Personal Tour Guide
Ask me questions while you tour the home.