NOT LISTED FOR SALE

Estimated Value: $453,004 - $547,000

4 Beds
2 Baths
2,040 Sq Ft
$243/Sq Ft Est. Value

Last Sold May 09, 2018

Last sale price $275,000 $135 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $2,959/month

38 Days on Market

Highlights

  • Contemporary Architecture
  • No HOA
  • 1-Story Property
  • Property is near public transit
  • Double Pane Windows

About This Home

As of May 2018

3456 and 3458 Gates Way. 3456 is vacant and had been remodeled and ready to be move in. 3458 have long time existing tenant, tenant are month to month, please do not disturb tenant. Very popular rental area, easy to fill vacancy, seller intentionally left 3456 vacant to make it easier to show to prospective buyer. Near Light rail, School and Shopping.

Last Agent to Sell the Property

Chuck Mok

1st American Realty License #01092077 Listed on: 02/23/2018

Last Buyer's Agent

Alberto Salazar-Castaneda

Bella Villa Real Estate, Inc. License #01292599

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,677

Year Built

  • Built in 1960

Lot Details

  • 8,276

Parking

  • 1 Parking Space Included

Home Design

  • Duplex
  • Contemporary Architecture
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Double Pane Windows

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Cable TV Available

Additional Features

  • 8,276 Sq Ft Lot
  • Property is near public transit

Listing and Financial Details

  • Security Deposit $400
  • Tenant pays for electricity gas
  • Assessor Parcel Number 053-0094-010-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Leased Unit
  • 1 Vacant Unit
  • 1 Unit Leased Month-To-Month
  • Insurance Expense $430
  • Operating Expense $5,287

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,677

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1960
  • Architectural Style: Contemporary
  • Stories: 1
  • Number of Two Bedroom Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Disposal,Free Standing Gas Range
  • Flooring: Carpet,Linoleum/Vinyl
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Frame,Stucco
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,Transfer Disclosure Statement
  • Listing Price: 280000.00
  • Roof: Composition

Garage/Parking

  • Parking Features: Garage,1 Space Per Unit

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Utilities: Cable Available
  • Cooling: Wall Unit(s)
  • Heating: Wall Furnace
  • Utilities Expenses: 3180

Condo/Co-op/Association

  • Association Features: Public Trans Nearby
  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: R1
  • Lot Size Acres: 0.1900
  • Lot Size Sq Ft: 8276

Rental Info

  • Tenant Pays: Electricity,Gas
  • Total Deposit: 400
  • Total # Leasable: 2

Multi Family

  • Gross Income: 21300
  • Operating Expense: 5287
  • Income Includes: Rent Only
  • Insurance Expense: 430
  • Number of Leased Units: 1
  • Number of Month to Month Units: 1
  • Number of Units: 2
  • Number of Vacant Units: 1
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 053-0094-010-0000
  • Current RE Taxes: 1677

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2018
Closed on
May 9, 2018
Sold by
Huang Linda Wen and Wen Yan Family Trust
Bought by
Gomez Ose Ruiz and Ruiz Laura
Seller's Agent
Chuck Mok
1st American Realty
Buyer's Agent
Alberto Salazar-Castaneda
Bella Villa Real Estate, Inc.
List Price
$285,000
Sold Price
$275,000
Premium/Discount to List
-$10,000
-3.51%
Current Estimated Value
$496,668

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,668
Avg. Annual Appreciation
8.26%

Purchase Details

Closed on
Jun 19, 2006
Sold by
Huang Linda Wen
Bought by
Wen Yan Family Trust

Purchase Details

Closed on
Jun 12, 2006
Sold by
Mok Chuck and Huang Linda
Bought by
Huang Linda Wen

Purchase Details

Closed on
May 22, 2001
Sold by
Jordan Betty
Bought by
Mok Chuck and Huang Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7.14%

Purchase Details

Closed on
Apr 17, 2001
Sold by
Noe Gary
Bought by
Jordan Betty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7.14%

Purchase Details

Closed on
Apr 13, 2001
Sold by
Moser Calvin K and Moser Terry A
Bought by
Jordan Betty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7.14%

Purchase Details

Closed on
Jun 12, 1996
Sold by
Moser Cal K and Cal K Moser Trust
Bought by
Moser Calvin K and Moser Terry A
Source: Public Records

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
Gomez Ose Ruiz $275,000 Placer Title Company
Wen Yan Family Trust -- None Available
Huang Linda Wen -- None Available
Mok Chuck $92,000 Financial Title Company
Jordan Betty -- Financial Title Company
Jordan Betty $65,000 Financial Title Company
Moser Calvin K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mok Chuck $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/09/2018 05/09/18 Sold $275,000 -3.5% $135 / Sq Ft
04/02/2018 04/02/18 Pending -- -- --
02/23/2018 02/23/18 For Sale $285,000 -- $140 / 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 $3,913 $312,898 $68,267 $244,631
2024 $3,913 $306,764 $66,929 $239,835
2023 $3,813 $300,750 $65,617 $235,133
2022 $3,763 $294,854 $64,331 $230,523
2021 $3,582 $289,073 $63,070 $226,003
2020 $3,603 $286,110 $62,424 $223,686
2019 $3,528 $280,500 $61,200 $219,300
2018 $1,706 $121,820 $26,479 $95,341
2017 $1,677 $119,432 $25,960 $93,472
2016 $1,619 $117,091 $25,451 $91,640
2015 $1,589 $115,333 $25,069 $90,264
2014 $1,558 $113,074 $24,578 $88,496
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 18011152

MetroList

APN: 053-0094-010