NOT LISTED FOR SALE

Estimated Value: $539,363 - $642,000

-- Bed
2 Baths
1,834 Sq Ft
$319/Sq Ft Est. Value

Last Sold July 07, 2021

Last sale price $510,000 $278 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,701/month

10 Days on Market

About This Home

As of July 2021

A most ideal investment opportunity awaits you! Turnkey duplex with two bedrooms and one bathroom per side. Upgrades throughout. Bright and open floor plans with generous common areas. Eat in kitchen with breakfast bars. Large backyard space and single car garages with driveway parking are a few of the tenant favorite features.

Last Agent to Sell the Property

Sergio Gutierrez

RE/MAX Santa Clara Valley License #70010053 Listed on: 05/28/2021

RE/MAX Santa Clara Valley

Last Buyer's Agent

Iris Tran

Windermere Signature Elk Grove License #01372401

Windermere Signature Elk Grove

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,182

Year Built

  • 1972

Lot Details

  • 7,131

Parking

  • 2 Car Attached Garage
  • On-Street Parking

Home Design

  • 1,834 Sq Ft Home
  • Duplex
  • Wood Frame Construction
  • Shingle Roof

Additional Features

  • 7,131 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $21,000

Community Details

Overview

Building Details

  • 1 Leased Unit
  • Utility Expense $197,688
  • Operating Expense $197,688
  • Gross Income $21,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,182

Year Built

1972

Lot Details

0

Parking

2

Listing Details

  • Zoning: RD 10
  • Subclass: Duplex
  • Age: 49
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1834
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1972

Interior Features

  • Living Sq Ft: 1834

Exterior Features

  • Foundation: Wood Frame
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage, On Street

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: Sacramento City Unified
  • Elementary School: Abraham Lincoln Elementary
  • Middle School: Albert Einstein Middle
  • High School: Rosemont High
  • High School: 32874
  • Elementary School: 32978
  • Middle School: 32959

Lot Info

  • Lot Acres: 0.1637
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7129.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7129.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 22.81
  • Number Of Leased: 1

Multi Family

  • Utilities: Public Utilities
  • Expenses Total: 197688
  • Expenses Utility: 197688
  • Income Annual Gross: 21000.00
  • Income Annual Rental: 21000
  • Income Gross Scheduled: 21000
  • Meters: Master Gas, Master Water
  • Number Of Buildings: 1
  • Tenant Expenses: Utilities - Electric, Utilities - Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2021
Closed on
Jun 30, 2021
Sold by
Zaccarya Ban
Bought by
Truong Ellie Kim
Seller's Agent
Sergio Gutierrez
RE/MAX Santa Clara Valley
Buyer's Agent
Iris Tran
Windermere Signature Elk Grove
List Price
$479,000
Sold Price
$510,000
Premium/Discount to List
$31,000
6.47%
Current Estimated Value
$585,091

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,091
Avg. Annual Appreciation
3.28%
Original Mortgage
$382,550
Outstanding Balance
$346,351
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$238,740

Purchase Details

Listed on
May 28, 2021
Closed on
Jun 22, 2021
Sold by
Amaya Carlos R and Amaya Yanira L
Bought by
Truong Ellie Kim
Seller's Agent
Sergio Gutierrez
RE/MAX Santa Clara Valley
Buyer's Agent
Iris Tran
Windermere Signature Elk Grove
List Price
$479,000
Sold Price
$510,000
Premium/Discount to List
$31,000
6.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,550
Outstanding Balance
$346,351
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$238,740

Purchase Details

Closed on
Dec 11, 2006
Sold by
Concklin John
Bought by
Amaya Carlos R and Amaya Yanira L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
8.85%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 8, 2001
Sold by
Lehne Tony and Lehne Cheryl
Bought by
Concklin John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,950
Interest Rate
6.89%

Purchase Details

Closed on
Jun 11, 1999
Sold by
Flood Family Trust and Patrick J
Bought by
Lehne Tony and Lehne Cheryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,920
Interest Rate
8%
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
Truong Ellie Kim -- Chicago Title Company
Truong Ellie Kim $510,000 Chicago Title Company
Amaya Carlos R $330,000 Placer Title Company
Concklin John $129,000 Fidelity National Title Co
Lehne Tony $85,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Truong Ellie Kim $382,550
Previous Owner Amaya Carlos R $264,000
Previous Owner Concklin John $102,950
Previous Owner Lehne Tony $67,920
Closed Lehne Tony $8,490
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/07/2021 07/07/21 Sold $510,000 +6.5% $278 / Sq Ft
06/08/2021 06/08/21 Pending -- -- --
05/28/2021 05/28/21 For Sale $479,000 -- $261 / Sq Ft
Source: MLSListings

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 $7,182 $541,216 $132,651 $408,565
2024 $7,182 $530,604 $130,050 $400,554
2023 $6,795 $520,200 $127,500 $392,700
2022 $6,604 $510,000 $125,000 $385,000
2021 $4,697 $408,447 $94,062 $314,385
2020 $4,133 $351,104 $109,720 $241,384
2019 $3,914 $332,800 $104,000 $228,800
2018 $3,740 $252,217 $58,849 $193,368
2017 $2,705 $227,224 $53,018 $174,206
2016 $2,356 $201,084 $46,919 $154,165
2015 $2,148 $182,804 $42,654 $140,150
2014 $2,011 $172,457 $40,240 $132,217
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81846321

MLSListings

APN: 077-0193-011