NOT LISTED FOR SALE

Estimated Value: $574,000 - $636,000

5 Beds
4 Baths
2,350 Sq Ft
$257/Sq Ft Est. Value

Last Sold October 18, 2012

Last sale price $223,500 $95 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $3,614/month

9 Days on Market

Highlights

  • No HOA
  • 3 Car Garage
  • 1-Story Property

About This Home

As of October 2012

Excellent investment opportunity, well established neighborhood with single familly homes and attractive well maintained duplexes. The 3/2 side was completely up dated last month, rents appear below market. Close to shopping areas, Frenchise Tax Board, Free way and mass transit. Not REO or Short Sale.

Last Agent to Sell the Property

Eric Nejadian

RE/MAX Gold Sierra Oaks License #01196499 Listed on: 08/21/2012

Last Buyer's Agent

Ed Favinger

NextHome Haven Properties License #00812744

NextHome Haven Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,264

Year Built

  • Built in 1977

Lot Details

  • 7,144

Parking

  • 3 Car Garage

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Window Treatments

Additional Features

  • 7,144 Sq Ft Lot
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable tv electricity
  • Assessor Parcel Number 068-0280-008-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,264

Year Built

Built in 1977

Lot Details

0

Parking

3

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1977
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Gas Oven,Dishwasher,Microwave,Self/Cont Clean Oven
  • Flooring: Carpet,Tile,Linoleum/Vinyl
  • Window Features: Window Coverings

Exterior Features

  • Construction Materials: Frame,Wood
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts
  • Listing Price: 227500.00
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Garage

Utilities

  • Utilities: Cable Available
  • Cooling: Ceiling Fan(s),Central
  • Heating: Central,Fireplace Insert,Natural Gas

Condo/Co-op/Association

  • Association Features: Laundry Hook-Up in Units
  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: RD-10
  • Lot Size Acres: 0.1640
  • Lot Dimensions: 72X99
  • Lot Size Sq Ft: 7144

Rental Info

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

Multi Family

  • Gross Income: 23700
  • Income Includes: Rent Only
  • Number of Leased Units: 2
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 068-0280-008-0000

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 18, 2018
Sold by
Ramamurthy Karthik and Parasuraman Sunita
Bought by
Ramamurthy Karthik and Parasuraman Sunita
Current Estimated Value
$603,468

Purchase Details

Listed on
Aug 21, 2012
Closed on
Oct 12, 2012
Sold by
Nejadian Patrick
Bought by
Ramamurthy Karthik and Parasuraman Sunita
Seller's Agent
Eric Nejadian
RE/MAX Gold Sierra Oaks
Buyer's Agent
Ed Favinger
NextHome Haven Properties
List Price
$227,500
Sold Price
$223,500
Premium/Discount to List
-$4,000
-1.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.38%
Original Mortgage
$153,750
Outstanding Balance
$108,399
Interest Rate
3.52%
Mortgage Type
New Conventional
Estimated Equity
$515,803

Purchase Details

Closed on
Jun 30, 2004
Sold by
Nguyen Johnny L and Nguyen Cathy T
Bought by
Nejadian Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
4.08%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 21, 2001
Sold by
Fellows Cheryl Lynn and Fellows Malcolm A
Bought by
Nguyen Johnny L and Nguyen Cathy T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
7.09%
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
Ramamurthy Karthik -- None Available
Ramamurthy Karthik $223,500 Stewart Title Of Sacramento
Nejadian Patrick $370,000 Alliance Title Company
Nguyen Johnny L $190,000 Financial Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramamurthy Karthik $153,750
Previous Owner Nejadian Patrick $296,000
Previous Owner Nguyen Johnny L $231,000
Previous Owner Nguyen Johnny L $152,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2012 10/18/12 Sold $223,500 -1.8% $95 / Sq Ft
08/30/2012 08/30/12 Pending -- -- --
08/21/2012 08/21/12 For Sale $227,500 -- $97 / 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
2024 $3,264 $269,817 $60,360 $209,457
2023 $3,187 $264,527 $59,177 $205,350
2022 $3,131 $259,341 $58,017 $201,324
2021 $2,983 $254,257 $56,880 $197,377
2020 $3,008 $251,651 $56,297 $195,354
2019 $2,943 $246,718 $55,194 $191,524
2018 $2,866 $241,881 $54,112 $187,769
2017 $2,826 $237,139 $53,051 $184,088
2016 $2,723 $232,490 $52,011 $180,479
2015 $2,684 $228,999 $51,230 $177,769
2014 $2,609 $224,514 $50,227 $174,287
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 12051908

MetroList

APN: 068-0280-008