NOT LISTED FOR SALE

Estimated Value: $669,671 - $853,000

8 Beds
4 Baths
3,200 Sq Ft
$234/Sq Ft Est. Value

Last Sold February 01, 2017

Last sale price $420,000 $131 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $4,552/month

125 Days on Market

Highlights

  • 0.67 Acre Lot
  • No HOA
  • Patio
  • Rio Americano High School Rated A-
  • Double Pane Windows
  • 1-Story Property

About This Home

As of February 2017

Great four plex units in Carmichael located in a private area off of Walnut Ave. Most units are partially updated with carpet, laminate and tile flooring. Motivated seller. Bring all offers. Longer term tenants, all have great rental history. New roof, large lot. Check to see if more units can be built. 2 units have garages.

Last Agent to Sell the Property

Melody Roberts

Robb Roberts, Broker License #01870453 Listed on: 07/08/2016

Co-Listed By

Shirley Roberts

Dry Creek Realty License #00810672

Last Buyer's Agent

John Robison

Excel Realty Inc. License #01401747

Excel Realty Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,774

Year Built

  • Built in 1960

Lot Details

  • 0.67

Home Design

  • Quadruplex

Interior Spaces

  • 1-Story Property
  • Double Pane Windows
  • Free-Standing Gas Range

Parking

  • 4 Open Parking Spaces
  • 2 Covered Spaces

Additional Features

  • Patio
  • 0.67 Acre Lot
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for rent only
  • Assessor Parcel Number 271-0313-035-0000

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Fouplex Subdivision

Building Details

  • 1 Vacant Unit
  • 3 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,774

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1960
  • Architectural Style: Ranch
  • Stories: 1
  • Subdivision: Fouplex
  • Number of Two Bedroom Units: 4
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Range
  • Other Equipment: None
  • Flooring: Carpet,Laminate,Tile,Varies by Unit
  • Window Features: Dual Pane Partial

Exterior Features

  • Construction Materials: Frame,Stucco,Wood,See Remarks
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,Structural Pest Control Report
  • Listing Price: 449000.00
  • Patio And Porch Features: Uncovered Patio
  • Roof: Composition,See Remarks

Garage/Parking

  • Open Parking Spaces: 4
  • Covered Parking Spaces: 2
  • Parking Features: Garage,Open,Varies by Unit,1 Space Per Unit

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Cooling: Ceiling Fan(s),Wall Unit(s),Window Unit(s)
  • Heating: Wall Furnace

Condo/Co-op/Association

  • Association Features: Laundry Hook-Up in Units,Patios/Balcony,Public Trans Nearby,Yard Space
  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: RD-5
  • Lot Size Acres: 0.6700
  • Lot Size Sq Ft: 29185

Rental Info

  • Tenant Pays: Rent Only
  • Total # Leasable: 1

Multi Family

  • Gross Income: 22500
  • Income Includes: Rent Only
  • Existing Lease Type: See Remarks
  • Number of Month to Month Units: 3
  • Number of Units: 4
  • Number of Vacant Units: 1
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 271-0313-035-0000

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2016
Closed on
Jan 31, 2017
Sold by
Roberts Alvin M and Roberts Shirley R
Bought by
Ibrahim Haitham and Alyaseen Abdulmunem
Seller's Agent
Melody Roberts
Robb Roberts, Broker
Buyer's Agent
John Robison
Excel Realty Inc.
List Price
$459,000
Sold Price
$420,000
Premium/Discount to List
-$39,000
-8.5%
Current Estimated Value
$748,668

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$328,668
Avg. Annual Appreciation
6.70%
Original Mortgage
$412,392
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 8, 2016
Closed on
Jan 27, 2017
Sold by
Abdalsamd Nusaibah S
Bought by
Ibrahim Haitham and Alyaseen Abdulmunem
Seller's Agent
Melody Roberts
Robb Roberts, Broker
Buyer's Agent
John Robison
Excel Realty Inc.
List Price
$459,000
Sold Price
$420,000
Premium/Discount to List
-$39,000
-8.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,392
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
May 23, 2005
Sold by
Roberts Robb Allen and Roberts Alvin M
Bought by
Roberts Robb Allen and Roberts Alvin M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,000
Interest Rate
5.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2005
Sold by
Roberts Robb Allen
Bought by
Roberts Robb Allen and Roberts Alvin M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,000
Interest Rate
5.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 9, 2004
Sold by
Roberts Alvin M and Roberts Shirley R
Bought by
Roberts Robb Allen

Purchase Details

Closed on
Aug 2, 2002
Sold by
Roberts Alvin M and Roberts Shirley R
Bought by
Roberts Robb Allen

Purchase Details

Closed on
Apr 18, 2002
Sold by
Roberts Alvin M and Roberts Shirley R
Bought by
Roberts Alvin M and Roberts Shirley R

Purchase Details

Closed on
Dec 17, 1998
Sold by
Roberts Family 1988 Trust and Alvin M
Bought by
Roberts Alvin M and Roberts Shirley R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
6.91%
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
Ibrahim Haitham $420,000 Fidelity National Title Comp
Ibrahim Haitham -- Fidelity National Title Comp
Roberts Robb Allen -- First American Title Ins Co
Roberts Robb Allen -- --
Roberts Robb Allen -- --
Roberts Robb Allen -- --
Roberts Alvin M -- --
Roberts Alvin M -- Alliance Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ibrahim Haitham $405,095
Closed Ibrahim Haitham $412,392
Previous Owner Roberts Robb Allen $37,000
Previous Owner Roberts Robb Allen $132,000
Previous Owner Roberts Alvin M $132,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2017 02/01/17 Sold $420,000 -8.5% $131 / Sq Ft
11/10/2016 11/10/16 Pending -- -- --
07/08/2016 07/08/16 For Sale $459,000 -- $143 / 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 $5,774 $487,440 $174,085 $313,355
2024 $5,774 $477,883 $170,672 $307,211
2023 $5,627 $468,514 $167,326 $301,188
2022 $5,594 $459,329 $164,046 $295,283
2021 $5,501 $450,324 $160,830 $289,494
2020 $5,400 $445,707 $159,181 $286,526
2019 $5,291 $436,968 $156,060 $280,908
2018 $5,221 $428,400 $153,000 $275,400
2017 $1,235 $91,077 $24,300 $66,777
2016 $5,651 $89,292 $23,824 $65,468
2015 $5,483 $87,952 $23,467 $64,485
2014 $5,315 $86,230 $23,008 $63,222
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 16044121

MetroList

APN: 271-0313-035