NOT LISTED FOR SALE

Estimated Value: $475,000 - $567,000

4 Beds
2 Baths
1,200 Sq Ft
$434/Sq Ft Est. Value

Last Sold January 04, 2019

Last sale price $318,000 $265 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $3,288/month

94 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • 1-Story Property

About This Home

As of January 2019

Great little income earner in Carmichael. Easy to rent. Easy to maintain. Huge upside. Lots of capital improvements make this an amazing opportunity. Each unit has laundry and private back yard. Across from Carmichael Park 7%+/- Cap rate

Last Agent to Sell the Property

Jessica Rachel Thoene

eXp Realty of Northern California, Inc. License #01915271 Listed on: 09/02/2018

eXp Realty of Northern California, Inc.

Last Buyer's Agent

Laura Lumenta

RE/MAX Gold License #01733320

RE/MAX Gold

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,209

Lot Details

  • 0.35 Acre Lot

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Traditional Architecture
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Laminate Flooring

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 258-0123-013-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,209

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Architectural Style: Traditional
  • Stories: 1
  • Year Built Details: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Range,Free Standing Refrigerator
  • Other Equipment: Varies by Unit
  • Flooring: Laminate

Exterior Features

  • Construction Materials: Frame,Stucco
  • Disclosures/Documents: Natural Hazard Disclosure Available,Rental/Lease Agmts,Transfer Disclosure Statement
  • Listing Price: 330000.00
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: 1+ Space Per Unit
  • Total Parking Spaces: 4

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Cooling: Wall Unit(s)
  • Heating: Wall Furnace

Condo/Co-op/Association

  • Association Features: Public Trans Nearby,Varies By Unit
  • Association: No

Schools

  • Senior High School District: San Juan Unified

Lot Info

  • Zoning Description: RD-5
  • Lot Size Acres: 0.3500
  • Lot Size Sq Ft: 15246

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas
  • Total # Leasable: 1

Multi Family

  • Gross Income: 28560
  • Income Includes: Parking,Storage
  • Number of Leased Units: 1
  • Number of Month to Month Units: 2
  • Number of Units: 2
  • Number of Vacant Units: 1
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 258-0123-013-0000

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 3, 2025
Sold by
Chang Willy and Soliman Elviel C
Bought by
Willy J Chang Living Trust and Chang
Current Estimated Value
$536,387

Purchase Details

Closed on
Mar 1, 2024
Sold by
Chang Willy and Chang Elviel C
Bought by
Chang Willy and Soliman Elviel C

Purchase Details

Listed on
Sep 2, 2018
Closed on
Dec 31, 2018
Sold by
Corinne Kosmitzk
Bought by
Chang Willy and Soliman Elviel C
Seller's Agent
Jessica Rachel Thoene
eXp Realty of Northern California, Inc.
Buyer's Agent
Laura Lumenta
RE/MAX Gold
List Price
$340,000
Sold Price
$318,000
Premium/Discount to List
-$22,000
-6.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.78%
Original Mortgage
$206,700
Interest Rate
6.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Sep 3, 2015
Closed on
Oct 26, 2015
Sold by
Stone Properties Inc
Bought by
Kosmitzki Corinne
Seller's Agent
Jessica Rachel Thoene
eXp Realty of Northern California, Inc.
Buyer's Agent
Jessica Rachel Thoene
eXp Realty of Northern California, Inc.
List Price
$289,000
Sold Price
$245,000
Premium/Discount to List
-$44,000
-15.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.52%
Original Mortgage
$240,562
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 11, 1994
Sold by
Stone Delmar W and Stone Elsie
Bought by
Stone Properties Inc

Purchase Details

Closed on
Feb 11, 1994
Sold by
Stone Delmar W and Stone Elsie
Bought by
Stone Delmar W and Stone Elsie
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
Willy J Chang Living Trust -- None Listed On Document
Willy J Chang Living Trust -- None Listed On Document
Chang Willy -- None Listed On Document
Chang Willy $318,000 Placer Title Company
Kosmitzki Corinne $245,000 Placer Title Company
Stone Properties Inc -- --
Stone Delmar W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chang Willy $210,000
Previous Owner Chang Willy $206,700
Previous Owner Kosmitzki Corinne $240,562
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2019 01/04/19 Sold $318,000 -3.6% $265 / Sq Ft
12/03/2018 12/03/18 Pending -- -- --
11/24/2018 11/24/18 Price Changed $330,000 -2.9% $275 / Sq Ft
11/15/2018 11/15/18 For Sale $340,000 0.0% $283 / Sq Ft
11/15/2018 11/15/18 Price Changed $340,000 -1.4% $283 / Sq Ft
11/01/2018 11/01/18 Pending -- -- --
10/28/2018 10/28/18 Price Changed $345,000 -1.4% $288 / Sq Ft
10/19/2018 10/19/18 Price Changed $350,000 -1.4% $292 / Sq Ft
10/09/2018 10/09/18 Price Changed $355,000 -1.4% $296 / Sq Ft
10/03/2018 10/03/18 Price Changed $360,000 -10.0% $300 / Sq Ft
09/14/2018 09/14/18 Price Changed $399,900 -2.4% $333 / Sq Ft
08/31/2018 08/31/18 For Sale $409,900 +67.3% $342 / Sq Ft
10/28/2015 10/28/15 Sold $245,000 -15.2% $204 / Sq Ft
09/22/2015 09/22/15 Pending -- -- --
09/03/2015 09/03/15 For Sale $289,000 -- $241 / 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 $4,209 $354,731 $111,550 $243,181
2024 $4,209 $347,776 $109,363 $238,413
2023 $4,143 $340,958 $107,219 $233,739
2022 $4,060 $334,273 $105,117 $229,156
2021 $3,993 $327,719 $103,056 $224,663
2020 $3,919 $324,360 $102,000 $222,360
2019 $3,142 $259,995 $90,202 $169,793
2018 $3,106 $254,898 $88,434 $166,464
2017 $3,076 $249,900 $86,700 $163,200
2016 $2,873 $245,000 $85,000 $160,000
2015 $431 $31,925 $11,214 $20,711
2014 $423 $31,307 $10,997 $20,310
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 18060606

MetroList

APN: 258-0123-013