Seller's Agent in 2020
Jon Lang
Ken Turton, Broker
(916) 468-0781
6 in this area
29 Total Sales
3511 J St Sacramento, CA 95816
East Sacramento NeighborhoodEstimated Value: $1,412,000 - $2,641,000
4
Beds
4
Baths
3,000
Sq Ft
$707/Sq Ft
Est. Value
Highlights
- Craftsman Architecture
- Wood Flooring
- Community Barbecue Grill
- David Lubin Elementary Rated 9+
- No HOA
- Central Heating and Cooling System
About This Home
As of December 2020TURN-KEY 1031 EXCHANGE OPPORTUNITY. Stunning four-plex located just three blocks from Mercy Hospital in the heart of East Sacramento. Renovated down to the studs in 2020, featuring new infrastructure (including HVAC, electric, and plumbing) and contemporary finishes in all four units. Kitchens equipped with gas cooktop, quartzite counters, new stainless appliances. Bathrooms include natural limestone shower walls and floors. Designer lighting and real hardwood floors throughout. Stackable washer/dryer in each unit. All four units measure 750 square feet, each with one bedroom and one bathroom. Large manicured backyard with new landscaping, several seating areas, built-in BBQ, and raised garden beds. Four car garage accessible off the alley. Purchase price includes shovel-ready construction plans for a new structure on the site of existing garage. New structure includes new four-car garage with luxury 3 bed/2.5 bath owner's unit above.
Last Buyer's Agent
Non-MLS Member
Non-MLS Office
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1922
Lot Details
- 8,276
Parking
- 4 Car Garage
- 1 Parking Space Included
Home Design
- Quadruplex
- Craftsman Architecture
- Split Level Home
- Flat Roof Shape
- Raised Foundation
Interior Spaces
- 2-Story Property
- Wood Flooring
- Washer and Dryer
Additional Features
- 8,276 Sq Ft Lot
- Central Heating and Cooling System
Listing and Financial Details
- Security Deposit $14,100
- Tenant pays for cable tv electricity
- Assessor Parcel Number 007-0072-010-0000
Community Details
Overview
- No Home Owners Association
- 4 Units
Amenities
- Community Barbecue Grill
Building Details
- 4 Leased Units
- Operating Expense $36,956
- Net Operating Income $93,316
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 12, 2022
Sold by
Fred F Miller And Marguerite H Miller Re
Bought by
Fred F Miller And Marguerite H Miller Revocab
Current Estimated Value
Purchase Details
Listed on
Oct 8, 2020
Closed on
Dec 9, 2020
Sold by
Milagro M & C Iii Llc
Bought by
Lung Susan L
Seller's Agent
Jon Lang
Ken Turton, Broker
Buyer's Agent
Non-MLS Member
Non-MLS Office
List Price
$2,300,000
Sold Price
$2,170,000
Premium/Discount to List
-$130,000
-5.65%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.42%
Purchase Details
Listed on
Apr 7, 2015
Closed on
Jun 15, 2015
Sold by
Markstein Steven H
Bought by
Milagro M & C Iii Llc
Seller's Agent
Hilary Devine
Windermere Signature Properties Sierra Oaks
Buyer's Agent
Thomas Brown
Thomas Brown, Broker
List Price
$875,000
Sold Price
$825,000
Premium/Discount to List
-$50,000
-5.71%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.38%
Original Mortgage
$1,260,000
Interest Rate
3.83%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Apr 9, 2001
Sold by
Reed David L and Hamilton Mary Jane
Bought by
Markstein Steven H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.98%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 5, 2001
Sold by
Markstein Reenal L
Bought by
Markstein Steven H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.98%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 15, 1997
Sold by
Jane Hamilton Mary and Jane Reed L
Bought by
Reed David L and Hamilton Mary Jane
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Fred F Miller And Marguerite H Miller Revocab | -- | Thompson Angela C | |
| Lung Susan L | $2,170,000 | Fidelity National Title Co | |
| Milagro M & C Iii Llc | $825,000 | Stewart Title | |
| Markstein Steven H | $400,000 | Fidelity National Title Co | |
| Markstein Steven H | -- | Fidelity National Title Co | |
| Reed David L | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Milagro M & C Iii Llc | $1,260,000 | |
| Previous Owner | Markstein Steven H | $300,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/11/2020 12/11/20 | Sold | $2,170,000 | -5.7% | $723 / Sq Ft | |
| 11/10/2020 11/10/20 | Pending | -- | -- | -- | |
| 10/08/2020 10/08/20 | For Sale | $2,300,000 | +178.8% | $767 / Sq Ft | |
| 06/29/2015 06/29/15 | Sold | $825,000 | -5.7% | $275 / Sq Ft | View Prior Sale |
| 04/22/2015 04/22/15 | Pending | -- | -- | -- | |
| 04/06/2015 04/06/15 | For Sale | $875,000 | -- | $292 / Sq Ft |
Source: MetroList
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 | $27,106 | $2,348,875 | $514,154 | $1,834,721 |
| 2024 | $27,106 | $2,302,820 | $504,073 | $1,798,747 |
| 2023 | $26,468 | $2,257,668 | $494,190 | $1,763,478 |
| 2022 | $26,027 | $2,213,400 | $484,500 | $1,728,900 |
| 2021 | $24,780 | $2,170,000 | $475,000 | $1,695,000 |
| 2020 | $10,766 | $906,622 | $439,575 | $467,047 |
| 2019 | $10,538 | $888,846 | $430,956 | $457,890 |
| 2018 | $10,265 | $871,418 | $422,506 | $448,912 |
| 2017 | $10,127 | $854,332 | $414,222 | $440,110 |
| 2016 | $9,847 | $837,581 | $406,100 | $431,481 |
| 2015 | $6,096 | $501,500 | $188,061 | $313,439 |
| 2014 | $5,937 | $491,678 | $184,378 | $307,300 |
Source: Public Records
Agents Affiliated with this Home
-
Jon Lang
-
N
Buyer's Agent in 2020
Non-MLS Member
Non-MLS Office
-
Hilary Devine
Seller's Agent in 2015
Hilary Devine
Lyon Real Estate
(916) 425-9384
28 in this area
64 Total Sales
-
Thomas Brown
T
Buyer's Agent in 2015
Thomas Brown
Thomas Brown, Broker
(916) 622-8662
1 Total Sale
Map
Source: MetroList
MLS Number: 20060615
APN: 007-0072-010
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