NOT LISTED FOR SALE

Estimated Value: $904,000 - $1,281,000

5 Beds
4 Baths
2,800 Sq Ft
$401/Sq Ft Est. Value

Last Sold December 10, 2018

Last sale price $875,000 $312 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $7,062/month

20 Days on Market

About This Home

As of December 2018

3626 1st Ave is a turn key 4-plex located in the heart of North Oak Park. The property consists of (3) 1 Bed 1 Bath units & (1) 2 Bed 1 Bath units. The interiors have been updated with tile flooring, refinished hardwood floors, stainless steel appliances, and new kitchen cabinets and counter tops. The property has a new comp shingle roof and gutters. The current tenants are all working professionals who enjoy this quiet community.

Last Agent to Sell the Property

Tim Swanston

North Coast Commercial, Inc. License #01887506 Listed on: 10/23/2018

North Coast Commercial, Inc.

Last Buyer's Agent

Kim Marienthal

COLDWELL BANKER REALTY License #00863747

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,395

Year Built

  • Built in 1905

Lot Details

  • 6,098 Sq Ft Lot

Parking

  • 2 Open Parking Spaces

Home Design

  • Quadruplex
  • Craftsman Architecture
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Carbon Monoxide Detectors

Listing and Financial Details

  • Tenant pays for rent only
  • Assessor Parcel Number 010-0324-006-0000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 3 Leased Units
  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,395

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1905
  • Architectural Style: Craftsman
  • Levels: 0
  • Stories: 2
  • Number of One Bedroom Units: 2
  • Number of Two Bedroom Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2015

Interior Features

  • Appliances: See Remarks
  • Other Equipment: Varies by Unit
  • Flooring: Tile,Wood

Exterior Features

  • Construction Materials: Wood
  • Disclosures/Documents: Rental/Lease Agmts,None
  • Listing Price: 899000.00
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 2
  • Parking Features: Varies by Unit

Utilities

  • Security: Carbon Mon Detector
  • Cooling: Other
  • Heating: Other

Condo/Co-op/Association

  • Association Features: Yard Space
  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: R-2A
  • Lot Size Acres: 0.1400
  • Lot Size Sq Ft: 6098

Rental Info

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

Multi Family

  • Gross Income: 67200
  • Income Includes: Rent Only
  • Number of Leased Units: 3
  • Number of Units: 4
  • Number of Vacant Units: 1
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 010-0324-006-0000

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 16, 2019
Sold by
Barry S Shulman And Francine Schulman Tr
Bought by
Cho Yong Ju
Current Estimated Value
$1,121,570

Purchase Details

Listed on
Oct 23, 2018
Closed on
Dec 4, 2018
Sold by
Perito Moreno Holdings Llc
Bought by
Shulman Barry S and Shulman Francine
Seller's Agent
Tim Swanston
North Coast Commercial, Inc.
Buyer's Agent
Kim Marienthal
COLDWELL BANKER REALTY
List Price
$899,000
Sold Price
$875,000
Premium/Discount to List
-$24,000
-2.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.53%
Original Mortgage
$568,750
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 25, 2016
Sold by
Chang Ramona
Bought by
Perito Moreno Holdings Llc

Purchase Details

Closed on
Nov 29, 2011
Sold by
Chang Barbara J
Bought by
Chang Barbara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,150
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 2006
Sold by
Chang Barbara J
Bought by
Chang Barbara J

Purchase Details

Closed on
Jan 25, 2001
Sold by
Gore Verne L & Carolina Rojas Gore
Bought by
Chang Barbara J

Purchase Details

Closed on
Jun 6, 1995
Sold by
Ambauen Meade Dennis and Ambauen Meade Diana
Bought by
Gore Verne L and Rojas Gore Carolina
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
Cho Yong Ju $867,500 Cornerstone Title Company
Shulman Barry S $875,000 First American Title Company
Perito Moreno Holdings Llc $248,500 North American Title Co Inc
Chang Barbara J -- Service Link
Chang Barbara J -- None Available
Chang Barbara J $120,000 American Title Co
Gore Verne L -- Placer Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shulman Barry S $568,750
Previous Owner Chang Barbara J $197,150
Previous Owner Chang Barbara J $205,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2018 12/10/18 Sold $875,000 -2.7% $313 / Sq Ft
11/12/2018 11/12/18 Pending -- -- --
10/23/2018 10/23/18 For Sale $899,000 -- $321 / 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 $11,395 $967,527 $223,101 $744,426
2024 $11,395 $948,557 $218,727 $729,830
2023 $11,125 $929,959 $214,439 $715,520
2022 $10,916 $911,726 $210,235 $701,491
2021 $10,396 $893,850 $206,113 $687,737
2020 $10,485 $884,686 $204,000 $680,686
2019 $10,443 $875,000 $225,000 $650,000
2018 $3,401 $258,539 $78,030 $180,509
2017 $3,351 $253,470 $76,500 $176,970
2016 $2,929 $223,647 $78,016 $145,631
2015 $2,084 $150,441 $22,560 $127,881
2014 $2,035 $147,495 $22,119 $125,376
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 18072203

MetroList

APN: 010-0324-006