NOT LISTED FOR SALE

Estimated Value: $972,000 - $1,371,000

7 Beds
7 Baths
2,700 Sq Ft
$454/Sq Ft Est. Value

Last Sold March 08, 2021

Last sale price $1,125,000 $417 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $8,060/month

86 Days on Market

Highlights

  • Victorian Architecture
  • No HOA
  • Central Heating and Cooling System

About This Home

As of March 2021

3138 1st Ave is a Victorian 4-plex located in the heart of North Oak Park. The detached 2 car garage was converted into a 1 bed 1 bath with kitchen as a 5th unit. The property consists of (1) 2 Bed 2 Bath unit, (3) 2 Bed 1 Bath units, and a (1) 1 Bed 1 Bath unit. The building has undergone an extensive remodel with new windows, new HVAC's, updated electrical. All 5 interiors have been updated with new flooring, kitchen appliances, and remodeled bathrooms. The property has a community laundry room. The monthly gross income is $7,828.

Last Listed By

Tim Swanston

North Coast Commercial, Inc. License #01887506 Listed on: 10/13/2020

North Coast Commercial, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,357

Year Built

  • Built in 1903

Lot Details

  • 6,098

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Victorian Architecture
  • Composition Roof

Additional Features

  • 2-Story Property
  • 6,098 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for rent only
  • Assessor Parcel Number 010-0305-005-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 5 Units

Building Details

  • 5 Leased Units
  • 5 Units Leased Month-To-Month
  • Insurance Expense $1,425

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,357

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1903
  • Architectural Style: Victorian
  • Stories: 2
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Year Renovated: 2019

Interior Features

  • Appliances: Compactor,Dishwasher,Varies By Unit
  • Other Equipment: Varies by Unit
  • Flooring: Tile,Wood,Varies by Unit

Exterior Features

  • Construction Materials: Wood
  • Disclosures/Documents: Rental/Lease Agmts,None
  • Listing Price: 1199000.00
  • Patio And Porch Features: Varies by Unit
  • Roof: Composition

Garage/Parking

  • Parking Features: Street

Utilities

  • Security: Carbon Mon Detector,Varies By Unit
  • Cooling: Central
  • Heating: Central
  • Laundry Features: Washer/Dryer
  • Utilities Expenses: 5349

Condo/Co-op/Association

  • Association Features: Separate Laundry Facility,Yard Space
  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: R-2B
  • Lot Size Acres: 0.1400
  • Lot Size Sq Ft: 6098

Rental Info

  • Tenant Pays: Rent Only

Multi Family

  • Gross Income: 94000
  • Income Includes: Laundry,Rent Only
  • Insurance Expense: 1425
  • Number of Leased Units: 5
  • Number of Month to Month Units: 5
  • Number of Units: 5
  • Units Furnished: None
  • Gross Income Multiplier: 13.100

Tax Info

  • Assessor Parcel Number: 010-0305-005-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2023
Sold by
Gerard Lionel Family Trust
Bought by
Stephen K Gerard Survivors Trust
Total Days on Market
86
Current Estimated Value
$1,226,407

Purchase Details

Listed on
Oct 13, 2020
Closed on
Mar 2, 2021
Sold by
Andrew Wolfe Holdings Llc
Bought by
Gerard Stephen K and Gerard Lionel Trudy
Seller's Agent
Tim Swanston
North Coast Commercial, Inc.
Buyer's Agent
Non-MLS Member
Non-MLS Office
List Price
$1,250,000
Sold Price
$1,125,000
Premium/Discount to List
-$125,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.06%
Original Mortgage
$575,000
Interest Rate
2.7%
Mortgage Type
Construction

Purchase Details

Listed on
Jan 25, 2018
Closed on
Feb 2, 2018
Sold by
Sullivan John O and Levenson Lindsay A
Bought by
Andrew Wolfe Holdings Llc
Seller's Agent
Chris Saizan
Refined Realty Group
Buyer's Agent
Justin Sorba
GUIDE Real Estate
List Price
$500,000
Sold Price
$510,000
Premium/Discount to List
$10,000
2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.18%

Purchase Details

Listed on
Nov 6, 2014
Closed on
Jan 6, 2015
Sold by
Young Ying K
Bought by
John Levenson Lindsay and Sullivan John O
Seller's Agent
James Sedlar
Nick Sadek Sotheby's International Realty
Buyer's Agent
Bud Mousa
Windermere Signature Properties Auburn
List Price
$315,000
Sold Price
$345,000
Premium/Discount to List
$30,000
9.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.77%
Original Mortgage
$152,192
Interest Rate
3.57%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 20, 2009
Sold by
Young Betty
Bought by
Young Ying K

Purchase Details

Closed on
Jul 15, 2009
Sold by
Citibank Na
Bought by
Young Ying K

Purchase Details

Closed on
Aug 1, 2008
Sold by
Pravdin Yevgeniy and Galant Galina
Bought by
Citibank Na

Purchase Details

Closed on
Sep 30, 2004
Sold by
Curiel Sara A
Bought by
Pravdin Yevgeniy and Galant Galina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.37%
Mortgage Type
Unknown

Purchase Details

Closed on
May 26, 2000
Sold by
Christopher Curtis
Bought by
Curiel Sara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,625
Interest Rate
4.4%

Purchase Details

Closed on
Dec 2, 1998
Sold by
Hud
Bought by
Curtis Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,050
Interest Rate
6.69%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 17, 1998
Sold by
Crossland Mtg Corp
Bought by
Hud

Purchase Details

Closed on
Feb 13, 1998
Sold by
Timothy Haywood Mark
Bought by
Crossland Mtg Corp

Purchase Details

Closed on
Oct 28, 1997
Sold by
Timothy Haywood Mark
Bought by
Scharlach David A

Purchase Details

Closed on
Jul 1, 1994
Sold by
Dickinson Leslie K
Bought by
Haywood Mark Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,800
Interest Rate
6.5%

Purchase Details

Closed on
Apr 14, 1994
Sold by
San Francisco Auxiliary Corp
Bought by
Fsla San Francisco

Purchase Details

Closed on
Jan 6, 1994
Sold by
Khan Larry G and Khan Mary R
Bought by
Avila Antonio Sanchez

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
Stephen K Gerard Survivors Trust -- None Listed On Document
Gerard Stephen K $1,125,000 First American Title Company
Andrew Wolfe Holdings Llc $510,000 First American Title Company
John Levenson Lindsay $345,000 Old Republic Title Company
Young Ying K -- First American Title Company
Young Ying K $235,000 First American Title Company
Citibank Na $220,000 Landsafe Title
Pravdin Yevgeniy $400,000 Chicago Title Co
Curiel Sara A $163,500 American Title Co
Curtis Christopher $60,500 Stewart Title
Hud -- --
Crossland Mtg Corp $150,761 North American Title Co
Scharlach David A -- --
Haywood Mark Timothy -- --
Fsla San Francisco $118,248 --
Avila Antonio Sanchez -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gerard Stephen K $575,000
Previous Owner Ciurar Daniel $152,192
Previous Owner John Levenson Lindsay $238,800
Previous Owner Pravdin Yevgeniy $487,500
Previous Owner Pravdin Yevgeniy $365,000
Previous Owner Pravdin Yevgeniy $300,000
Previous Owner Curiel Sara A $132,000
Previous Owner Curiel Sara A $122,625
Previous Owner Curtis Christopher $98,050
Previous Owner Haywood Mark Timothy $36,800
Closed Pravdin Yevgeniy $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2021 03/08/21 Sold $1,125,000 -6.2% $417 / Sq Ft
01/07/2021 01/07/21 Pending -- -- --
12/10/2020 12/10/20 Price Changed $1,199,000 -4.1% $444 / Sq Ft
12/10/2020 12/10/20 For Sale $1,250,000 0.0% $463 / Sq Ft
12/08/2020 12/08/20 Pending -- -- --
10/13/2020 10/13/20 For Sale $1,250,000 +145.1% $463 / Sq Ft
02/05/2018 02/05/18 Sold $510,000 +2.0% $159 / Sq Ft
01/29/2018 01/29/18 Pending -- -- --
01/17/2018 01/17/18 For Sale $500,000 +44.9% $156 / Sq Ft
01/26/2015 01/26/15 Sold $345,000 +9.5% $120 / Sq Ft
12/23/2014 12/23/14 Pending -- -- --
11/04/2014 11/04/14 For Sale $315,000 -- $110 / 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
2024 $14,357 $1,193,858 $254,689 $939,169
2023 $14,017 $1,170,450 $249,696 $920,754
2022 $13,780 $1,147,500 $244,800 $902,700
2021 $6,523 $536,100 $105,117 $430,983
2020 $6,569 $530,604 $104,040 $426,564
2019 $6,432 $520,200 $102,000 $418,200
2018 $4,620 $364,408 $158,438 $205,970
2017 $4,553 $357,264 $155,332 $201,932
2016 $4,374 $350,260 $152,287 $197,973
2015 $3,249 $252,393 $75,180 $177,213
2014 $3,167 $247,450 $73,708 $173,742
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 20062034

MetroList

APN: 010-0305-005