NOT LISTED FOR SALE
2 Beds
1 Bath
800 Sq Ft
9,583 Sq Ft Lot

Sale Details

Date Sold: May 18, 2021

Last sale price $464,125 $580 Per Sq Ft

47 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • Garden

About This Home

As of May 2021

Add value multifamily opportunity! 3313 Cypress St. is an add value multifamily opportunity that features (5) total units. The property consists of: (2) studio cottages; (1) 1 bedroom, 1 bathroom cottage; and (1) duplex that includes (2) 2 bedroom, 1 bathroom units. The property is located on a large lot (.22 acres) and located in a quiet residential neighborhood consisting mostly of single family homes. 921 Rivera Dr is the adjacent lot and can be purchased with this property for a total of (9) units.

Last Agent to Sell the Property

Tim Swanston

North Coast Commercial, Inc. License #01887506 Listed on: 03/05/2021

North Coast Commercial, Inc.

Last Buyer's Agent

Tim Swanston

North Coast Commercial, Inc. License #01887506 Listed on: 03/05/2021

North Coast Commercial, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 9,583 Sq Ft Lot
  • Garden

Parking

  • 4 Parking Spaces

Home Design

  • Garden Apartment

Additional Features

  • 1-Story Property
  • 220 Volts

Listing and Financial Details

  • Tenant pays for rent only, electricity, gas
  • Assessor Parcel Number 251-0282-019-0000

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 5 Units

Building Details

  • 5 Leased Units
  • 5 Units Leased Month-To-Month
  • Insurance Expense $1,400
  • Other Expense $15,000
  • Professional Management Expense $2,070

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

9,583 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Subtype Description: Garden Apartments
  • Property Subtype 1: 5 or More Units
  • Year Built: 1948
  • Architectural Style: Other
  • Levels: One
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Appliances: Varies By Unit
  • Flooring: Varies by Unit

Exterior Features

  • Construction Materials: Other
  • Foundation: Other
  • Listing Price: 500000.00
  • Lot Features: Garden

Garage/Parking

  • Parking Features: Other
  • Total Parking Spaces: 4

Utilities

  • Security: Varies By Unit
  • Sewer: Public Sewer
  • Utilities: Other
  • Cooling: Varies by Unit
  • Electric: 220 Volts
  • Heating: Varies by Unit
  • Laundry Features: Varies by Unit
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: R-1 - SINGLE FAMILY RESIDENTIAL 6-8 UNITS / ACRE
  • Irrigation: None
  • Lot Size Acres: 0.2200
  • Lot Size Sq Ft: 9583

Rental Info

  • Tenant Pays: Rent Only, Electricity, Gas
  • Total # Leasable: 5

Multi Family

  • Income Includes: Rent Only
  • Insurance Expense: 1400
  • Number of Leased Units: 5
  • Number of Month to Month Units: 5
  • Number of Units: 5
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 251-0282-019-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

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
Mar 5, 2021
Closed on
May 11, 2021
Sold by
Bought by
Seller's Agent
Tim Swanston
North Coast Commercial, Inc.
Buyer's Agent
Tim Swanston
North Coast Commercial, Inc.
List Price
$500,000
Sold Price
$464,125
Premium/Discount to List
-$35,875
-7.18%

Purchase Details

Closed on
Jan 25, 2021
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
$488,750
Interest Rate
2.6%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 7, 2018
Sold by
Bought by

Purchase Details

Closed on
Sep 16, 2014
Sold by
Bought by

Purchase Details

Closed on
Apr 22, 1996
Sold by
Bought by

Purchase Details

Closed on
Feb 1, 1996
Sold by
Bought by

Purchase Details

Closed on
Apr 7, 1995
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$464,500 First American Title Company
$575,000 Allied Title & Escrow Svcs
-- None Available
-- None Available
-- Chicago Title Co
-- --
$172,500 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
Previous Owner $488,750
Previous Owner $142,000
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
05/18/2021 05/18/21 Sold $464,125 0.0% $580 / Sq Ft
05/07/2021 05/07/21 Off Market $464,125 -- --
04/22/2021 04/22/21 Pending -- -- --
03/05/2021 03/05/21 For Sale $500,000 -- $625 / 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 $6,770 $512,426 $88,324 $424,102
2025 $6,770 $502,380 $86,593 $415,787
2024 $6,523 $492,531 $84,896 $407,635
2023 $6,541 $482,875 $83,232 $399,643
2022 $6,184 $473,407 $81,600 $391,807
2021 $3,205 $207,339 $48,073 $159,266
2020 $3,164 $205,214 $47,581 $157,633
2019 $3,123 $201,192 $46,649 $154,543
2018 $2,986 $197,248 $45,735 $151,513
2017 $3,028 $193,382 $44,839 $148,543
2016 $3,132 $189,591 $43,960 $145,631
2015 $3,056 $129,956 $34,929 $95,027
2014 $2,441 $127,411 $34,245 $93,166
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 221015021

MetroList
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