NOT LISTED FOR SALE

Estimated Value: $219,000 - $318,000

2 Beds
2 Baths
898 Sq Ft
$315/Sq Ft Est. Value

Last Sold July 20, 2017

Last sale price $175,000 $195 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $1,610/month

21 Days on Market

Highlights

  • No HOA
  • Cottage
  • 1-Story Property

About This Home

As of July 2017

2 homes on 2 parcels for the price of 1! The property is an exceptional rental or investment opportunity. It features two detached, 1 bed/bath Cottage homes, on 2 separate parcels. Both homes are currently rented and fully occupied. Features vary by unit and include newer kitchen, tankless hot water heater, etc. Tenant in Unit# 1 would like to stay - tenant in Unit #2 plans to vacate 7/31/2017. Property sold AS-IS, some repairs/TLC needed. Sale includes parcels 27401820100000 and 27401820110000.

Last Agent to Sell the Property

Christina Morrow

Tomorrow Real Estate License #01999530 Listed on: 06/29/2017

Co-Listed By

Joe Spearman

Tomorrow Real Estate License #01998627

Last Buyer's Agent

Heidi Jensen

Granite Equity Group License #01467922

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,414

Year Built

  • Built in 1946

Lot Details

  • 8,276

Home Design

  • Duplex
  • Cottage
  • Composition Roof

Additional Features

  • 1-Story Property
  • 8,276 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 274-0182-010-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 1 Unit Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,414

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1946
  • Architectural Style: Cottage/Bungalow
  • Stories: 1
  • Number of One Bedroom Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher,Free Standing Gas Range,Free Standing Refrigerator,Microwave,Tankless Water Heater,Varies By Unit
  • Flooring: Carpet,Tile,Varies by Unit,Linoleum/Vinyl
  • Window Features: Dual Pane Full,Window Coverings

Exterior Features

  • Construction Materials: Frame,Stucco,Wood
  • Disclosures/Documents: Rental/Lease Agmts,None
  • Listing Price: 179900.00
  • Patio And Porch Features: Covered Patio,Uncovered Patio,Varies by Unit
  • Roof: Composition

Garage/Parking

  • Parking Features: Street,Varies by Unit,1+ Space Per Unit

Utilities

  • Cooling: Ceiling Fan(s),Window Unit(s)
  • Heating: Wall Furnace

Condo/Co-op/Association

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

Schools

  • Senior High School District: Twin Rivers Unified

Lot Info

  • Zoning Description: R-1 - SINGLE FAMILY RESIDENTIAL 6-8 UNIT
  • Lot Size Acres: 0.1900
  • Lot Size Sq Ft: 8276

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas
  • Total # Leasable: 2

Multi Family

  • Gross Income: 16820
  • Income Includes: Rent Only
  • Number of Leased Units: 2
  • Number of Month to Month Units: 1
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 274-0182-010-0000

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2017
Closed on
Jul 17, 2017
Sold by
Archie Lee and Archie Hanju
Bought by
Chavez Juan Manuel
Seller's Agent
Christina Morrow
Tomorrow Real Estate
Buyer's Agent
Heidi Jensen
Granite Equity Group
List Price
$179,900
Sold Price
$175,000
Premium/Discount to List
-$4,900
-2.72%
Current Estimated Value
$282,505

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,505
Avg. Annual Appreciation
6.24%

Purchase Details

Closed on
Mar 30, 2011
Sold by
National Association Of Real Estate Brok
Bought by
Archie Lee

Purchase Details

Closed on
Sep 24, 2010
Sold by
Jpmorgan Chase Bank National Association
Bought by
Nareb Foundation

Purchase Details

Closed on
May 6, 2009
Sold by
Carrillo Henry and Rubino Christopher
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Jun 28, 2004
Sold by
Carrillo Henry
Bought by
Carrillo Henry and Rubino Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,400
Interest Rate
7.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 3, 2003
Sold by
Carrillo Henry
Bought by
Carrillo Henry and Rubino Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,500
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 20, 2002
Sold by
Carrillo Hanry
Bought by
Carrillo Henry and Rubino Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
7.13%

Purchase Details

Closed on
May 10, 2002
Sold by
Dsd Properties
Bought by
Carrillo Henry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
7.13%

Purchase Details

Closed on
Jun 8, 1998
Sold by
Cornell Dorais Wayne F and Cornell Kathleen
Bought by
Dsd Properties

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
7.17%
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
Chavez Juan Manuel $175,000 None Available
Archie Lee -- None Available
Archie Lee $35,000 North American Title Co Inc
Nareb Foundation $56,500 Commerce Title Company
Jpmorgan Chase Bank National Association $121,125 Servicelink
Carrillo Henry -- Fidelity National Title Co
Carrillo Henry -- Fidelity National Title Co
Carrillo Henry -- Fidelity National Title Co
Carrillo Henry -- Fidelity National Title Co
Carrillo Henry -- --
Carrillo Henry $115,000 Old Republic Title Company
Dsd Properties $20,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carrillo Henry $126,000
Previous Owner Carrillo Henry $230,400
Previous Owner Carrillo Henry $136,500
Previous Owner Carrillo Henry $92,000
Previous Owner Dsd Properties $40,500
Previous Owner Dsd Properties $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2017 07/20/17 Sold $175,000 -2.7% $195 / Sq Ft
07/12/2017 07/12/17 Pending -- -- --
06/21/2017 06/21/17 For Sale $179,900 -- $200 / 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 $1,414 $106,950 $34,133 $72,817
2024 $1,414 $104,854 $33,464 $71,390
2023 $1,445 $102,799 $32,808 $69,991
2022 $1,357 $100,784 $32,165 $68,619
2021 $1,349 $98,809 $31,535 $67,274
2020 $1,334 $97,797 $31,212 $66,585
2019 $1,317 $95,880 $30,600 $65,280
2018 $1,248 $94,000 $30,000 $64,000
2017 $928 $62,035 $26,492 $35,543
2016 $910 $60,820 $25,973 $34,847
2015 $862 $59,907 $25,583 $34,324
2014 $876 $58,734 $25,082 $33,652
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 17040515

MetroList

APN: 274-0182-010