NOT LISTED FOR SALE

Estimated Value: $646,000 - $726,000

8 Beds
4 Baths
2,600 Sq Ft
$258/Sq Ft Est. Value

Last Sold February 17, 2021

Last sale price $535,000 $206 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $4,240/month

274 Days on Market

About This Home

As of February 2021

Wonderful income property, one story four plex, full rented, close to shopping centers, freeways.

Last Agent to Sell the Property

Helena Riley

Re/Max Premier Realty License #01369007 Listed on: 02/20/2020

Re/Max Premier Realty

Last Buyer's Agent

Roop Dhillon

Stone Real Estate License #01992562

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,940

Year Built

  • Built in 1941

Lot Details

  • 7,841 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Window Treatments
  • Electric Cooktop

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • 220 Volts

Listing and Financial Details

  • Tenant pays for rent only
  • Assessor Parcel Number 252-0161-024-0000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,940

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1941
  • Architectural Style: Cottage/Bungalow
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Electric Cook Top
  • Flooring: Carpet,Linoleum/Vinyl
  • Window Features: Window Coverings

Exterior Features

  • Construction Materials: Frame,Lap Siding
  • Disclosures/Documents: CC&Rs,Natural Hazard Disclosure Available,Rental/Lease Agmts,Transfer Disclosure Statement
  • Foundation: Raised
  • Listing Price: 545000.00
  • Roof: Composition

Garage/Parking

  • Parking Features: Street

Utilities

  • Cooling: Wall Unit(s)
  • Electric: 220 Volts
  • Heating: Wall Furnace

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: rd
  • Lot Size Acres: 0.1800
  • Lot Size Sq Ft: 7841

Rental Info

  • Tenant Pays: Rent Only
  • Total # Leasable: 4

Multi Family

  • Gross Income: 54000
  • Income Includes: Rent Only
  • Number of Leased Units: 4
  • Number of Month to Month Units: 4
  • Number of Units: 4
  • Units Furnished: None
  • Gross Income Multiplier: 11.000

Tax Info

  • Assessor Parcel Number: 252-0161-024-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2020
Closed on
Feb 10, 2021
Sold by
Luong Johnny T
Bought by
Sangha Manjinder Kaur and Lakdawala Rajendra
Seller's Agent
Helena Riley
Re/Max Premier Realty
Buyer's Agent
Roop Dhillon
Stone Real Estate
List Price
$545,000
Sold Price
$535,000
Premium/Discount to List
-$10,000
-1.83%
Current Estimated Value
$672,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,055
Avg. Annual Appreciation
5.14%
Original Mortgage
$401,250
Outstanding Balance
$360,208
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$310,596

Purchase Details

Closed on
Jul 2, 2019
Sold by
Luong Johnny and Luong Phong Jessica
Bought by
Luong Johnny T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
6.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Sep 28, 2016
Closed on
Jan 27, 2017
Sold by
Jtt Rentals Llc
Bought by
Luong Johnny and Luong Phong Jessica
Seller's Agent
Virginia Yarak
Yarak Realty Inc
Buyer's Agent
Helena Riley
Re/Max Premier Realty
List Price
$269,900
Sold Price
$260,000
Premium/Discount to List
-$9,900
-3.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.71%
Original Mortgage
$182,000
Interest Rate
4.16%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 30, 2016
Sold by
Maeda Maeda Michihiro Michihiro and Maeda Michihiro
Bought by
Jtt Rentals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,750
Interest Rate
3.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 5, 2015
Sold by
Maeda Michihiro and Oda Lucy
Bought by
The Michiro Maeda & Lucy Oda Family Trus

Purchase Details

Listed on
Jun 2, 2014
Closed on
Aug 27, 2014
Sold by
Adair Phyllis A and Adair Family Survicor S Trust
Bought by
Maeda Michihiro and Oda Lucy
Seller's Agent
Donna Burnett
eXp Realty of California Inc.
Buyer's Agent
Mitch Maeda
Windermere Signature Properties Downtown
List Price
$199,000
Sold Price
$180,000
Premium/Discount to List
-$19,000
-9.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.74%
Original Mortgage
$135,000
Interest Rate
4.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 19, 2014
Sold by
Adair Phyllis A and Adair Family Trust
Bought by
Adair Phyllis A and Adair Family Survivors Trust

Purchase Details

Closed on
Jun 23, 2009
Sold by
Rc Consulting Inc
Bought by
Adair John D and Adair Phyllis A

Purchase Details

Closed on
Jun 18, 2009
Sold by
Adair John D and Adair Phyllis A
Bought by
Adair John D and Adair Phyllis A

Purchase Details

Closed on
Apr 13, 2009
Sold by
Aurora Loan Services Llc
Bought by
Rc Consulting Inc

Purchase Details

Closed on
Jan 22, 2009
Sold by
Holtz Matthew and Loyar Myles
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Aug 2, 2006
Sold by
Loyar Myles J and Holtz Matthew
Bought by
Grandee Ii Llc

Purchase Details

Closed on
Jun 20, 2005
Sold by
Chaney Bruce and Bert & Freda Chaney Family Tru
Bought by
Loyar Myles J and Holtz Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.48%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 15, 1994
Sold by
Chaney Bert D and Chaney Freda J
Bought by
Chaney Freda and Chaney Bruce
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
Sangha Manjinder Kaur $535,000 Placer Title Company
Illyas Idris -- Placer Title Company
Lakdawala Rajendra -- Placer Title Company
Sangha Manjinder Kaur -- Placer Title Company
Luong Johnny T -- None Available
Luong Johnny $260,000 Chicago Title Company
Jtt Rentals Llc $197,500 Placer Title Company
The Michiro Maeda & Lucy Oda Family Trus -- None Available
Maeda Michihiro $180,000 Fidelity National Title Co
Adair Phyllis A -- None Available
Adair John D $180,000 Stewart Title Of Sacramento
Adair John D -- Stewart Title Of Sacramento
Rc Consulting Inc $105,500 Lsi Title Agency Inc
Aurora Loan Services Llc $188,056 None Available
Grandee Ii Llc -- None Available
Loyar Myles J -- Placer Title Company
Chaney Freda -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sangha Manjinder Kaur $401,250
Previous Owner Luong Johnny $185,000
Previous Owner Luong Johnny $182,000
Previous Owner Jtt Rentals Llc $177,750
Previous Owner Maeda Michihiro $135,000
Previous Owner Holtz Matthew $364,000
Previous Owner Holtz Matthew $100,000
Previous Owner Chaney Bruce $20,000
Previous Owner Chaney Bruce $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2021 02/17/21 Sold $535,000 0.0% $206 / Sq Ft
12/31/2020 12/31/20 Off Market $535,000 -- --
12/16/2020 12/16/20 Price Changed $545,000 0.0% $210 / Sq Ft
11/20/2020 11/20/20 Pending -- -- --
11/18/2020 11/18/20 For Sale $545,000 +1.9% $210 / Sq Ft
10/31/2020 10/31/20 Off Market $535,000 -- --
08/19/2020 08/19/20 Pending -- -- --
08/19/2020 08/19/20 Price Changed $545,000 +10.1% $210 / Sq Ft
08/04/2020 08/04/20 Price Changed $495,000 -10.0% $190 / Sq Ft
07/30/2020 07/30/20 Price Changed $550,000 0.0% $212 / Sq Ft
07/30/2020 07/30/20 For Sale $550,000 -0.9% $212 / Sq Ft
06/17/2020 06/17/20 Price Changed $555,000 +16.8% $213 / Sq Ft
03/02/2020 03/02/20 Pending -- -- --
02/20/2020 02/20/20 For Sale $475,000 +82.7% $183 / Sq Ft
02/20/2020 02/20/20 Pending -- -- --
01/31/2017 01/31/17 Sold $260,000 -3.7% $130 / Sq Ft
12/28/2016 12/28/16 Pending -- -- --
09/28/2016 09/28/16 For Sale $269,900 +49.9% $135 / Sq Ft
09/02/2014 09/02/14 Sold $180,000 -9.5% $86 / Sq Ft
08/03/2014 08/03/14 Pending -- -- --
05/29/2014 05/29/14 For Sale $199,000 -- $95 / 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 $6,940 $579,099 $108,242 $470,857
2024 $6,940 $567,745 $106,120 $461,625
2023 $6,973 $556,614 $104,040 $452,574
2022 $6,573 $545,700 $102,000 $443,700
2021 $3,606 $278,770 $64,331 $214,439
2020 $3,565 $275,913 $63,672 $212,241
2019 $3,518 $270,504 $62,424 $208,080
2018 $3,350 $265,200 $61,200 $204,000
2017 $2,730 $201,450 $45,900 $155,550
2016 $2,544 $182,744 $35,533 $147,211
2015 $2,401 $180,000 $35,000 $145,000
2014 $2,592 $189,084 $21,008 $168,076
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 20010400

MetroList

APN: 252-0161-024