NOT LISTED FOR SALE

Estimated Value: $689,000 - $746,000

6 Beds
4 Baths
2,485 Sq Ft
$289/Sq Ft Est. Value

Last Sold April 16, 2019

Last sale price $475,000 $191 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $4,422/month

44 Days on Market

About This Home

As of April 2019

IF YOU LOOKING FOR GREAT CASH FLOW, LOOK NO FURTHER. ALL UNITS RENTED. NO VACANCIES. ONSITE LAUNDRY ROOM WITH COIN WASHER AND DRYER INCOME OF APPROXIMATELY $300.00 A MONTH. SECURITY CAMERA SYSTEM THROUGHOUT THE UNIT WITH REMOTE ACCESS. GREAT TENANTS. NEVER NO ISSUE.RENTS ALWAYS PAID ON TIME.. PROPERTY IS CLOSE TO FREEWAY AND SHOPPING CENTER. ALL UNITS HAVE NEW PAINT, NEW LAMINATE FLOOR AND NEW APPLIANCES; ALL UNITS ARE RENTED PURCHASE PRICE IS BASED ON INCOME APPROACH.

Last Agent to Sell the Property

Tony Singh

Ares Realty License #01901843 Listed on: 01/23/2019

Last Buyer's Agent

Myles McMahon

McMahon Phillips Real Estate Inc. License #01394956

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,203

Year Built

  • Built in 1961

Lot Details

  • 7,336

Home Design

  • Quadruplex
  • Composition Roof

Utilities

  • Window Unit Cooling System
  • Cable TV Available

Additional Features

  • 1-Story Property
  • 7,336 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 037-2420-24

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

$6,203

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1961
  • Stories: 1
  • Number of One Bedroom Units: 2
  • Number of Two Bedroom Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Varies By Unit
  • Flooring: Carpet,See Remarks

Exterior Features

  • Construction Materials: Frame,See Remarks
  • Disclosures/Documents: Natural Hazard Disclosure Available,Rental/Lease Agmts,See Remarks
  • Listing Price: 500000.00
  • Roof: Composition

Garage/Parking

  • Parking Features: Street,1 Space Per Unit

Utilities

  • Utilities: Cable Available
  • Cooling: Window Unit(s)
  • Heating: Natural Gas,Wall Furnace

Condo/Co-op/Association

  • Association Features: See Remarks
  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: RD20
  • Lot Size Acres: 0.1684
  • Lot Size Sq Ft: 7336

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas

Multi Family

  • Gross Income: 48750
  • Income Includes: Rent Only
  • Number of Leased Units: 4
  • Number of Month to Month Units: 4
  • Number of Units: 4
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 037-2420-24

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2019
Closed on
Apr 12, 2019
Sold by
Trs Real Estate & Development Corp
Bought by
Pauley John W and Pauley Kristin M
Seller's Agent
Tony Singh
Ares Realty
Buyer's Agent
Myles McMahon
McMahon Phillips Real Estate Inc.
List Price
$500,000
Sold Price
$475,000
Premium/Discount to List
-$25,000
-5%
Current Estimated Value
$718,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,186
Avg. Annual Appreciation
6.68%
Original Mortgage
$237,000
Outstanding Balance
$209,213
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$508,973

Purchase Details

Closed on
Oct 9, 2018
Sold by
Kaur Diljit
Bought by
Trs Real Estate & Devoplement Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 8, 2016
Closed on
May 18, 2016
Sold by
Segura Susan M and Segura Raul
Bought by
Kaur Diljit
Seller's Agent
Elizabeth Wood
Real Estate Source Inc
Buyer's Agent
Non-MLS Member
Non-MLS Office
List Price
$225,000
Sold Price
$235,000
Premium/Discount to List
$10,000
4.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.84%
Original Mortgage
$230,743
Interest Rate
3.59%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 31, 2014
Closed on
Nov 24, 2014
Sold by
Nadi Rafi and Nadi Masoud
Bought by
Segur Susan M and Segura Raul
Seller's Agent
Akhtar Khan
TSG Premier Realty
Buyer's Agent
Elizabeth Wood
Real Estate Source Inc
List Price
$299,900
Sold Price
$190,000
Premium/Discount to List
-$109,900
-36.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.33%

Purchase Details

Listed on
May 13, 2013
Closed on
Aug 15, 2013
Sold by
Nadi Sania
Bought by
Nadi Rafi
Seller's Agent
Randall Hom
RDH Diversified Properties, Inc
Buyer's Agent
Akhtar Khan
TSG Premier Realty
List Price
$210,000
Sold Price
$159,000
Premium/Discount to List
-$51,000
-24.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.68%

Purchase Details

Listed on
May 13, 2013
Closed on
Aug 14, 2013
Sold by
Donnell David William and Donnell Dyann
Bought by
Nadi Rafi and Nadi Masoud
Seller's Agent
Randall Hom
RDH Diversified Properties, Inc
Buyer's Agent
Akhtar Khan
TSG Premier Realty
List Price
$210,000
Sold Price
$159,000
Premium/Discount to List
-$51,000
-24.29%

Purchase Details

Closed on
Feb 21, 2010
Sold by
Donnell David W
Bought by
Donnell David William and Donnell Dyann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,500
Interest Rate
4.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 2009
Sold by
Donnell Dyann
Bought by
Donnell David W

Purchase Details

Closed on
Jun 3, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Donnell David W

Purchase Details

Closed on
May 5, 2009
Sold by
Guillen Gloria M and Guillen Fred A
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Apr 21, 2005
Sold by
Beishline Steven and Beishline Stavroula
Bought by
Guillen Fred A and Guillen Gloria M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,000
Interest Rate
6.02%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 24, 2003
Sold by
Harvey Richard
Bought by
Beishline Steven and Beishline Stavroula

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,750
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 26, 2000
Sold by
Giuntini Ronald L
Bought by
Harvey Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,500
Interest Rate
4.4%
Source: Public Records

Range of Values:

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Average Value
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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
Pauley John W $475,000 Allied Title & Escrow Svcs
Trs Real Estate & Devoplement Corp -- Lsi Title Company
Kaur Diljit $235,000 Orange Coast Title Co Norcal
Segur Susan M $190,000 North American Title Co Inc
Nadi Rafi -- Placer Title Company
Nadi Rafi $159,000 Placer Title Company
Donnell David William -- Fidelity Natl Title Co Of Ca
Donnell David W -- Lsi Title Agency Inc
Donnell David W $86,000 Lsi Title Agency Inc
Deutsche Bank National Trust Company $93,000 Servicelink
Guillen Fred A $469,000 Financial Title Company
Beishline Steven $356,000 Chicago Title Co
Harvey Richard $82,000 North American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pauley John W $237,000
Previous Owner Kaur Diljit $294,000
Previous Owner Kaur Diljit $60,000
Previous Owner Kaur Diljit $230,743
Previous Owner Donnell David William $108,500
Previous Owner Guillen Fred A $374,000
Previous Owner Beishline Steven $284,750
Previous Owner Harvey Richard $208,600
Previous Owner Harvey Richard $61,500
Closed Beishline Steven $53,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2019 04/16/19 Sold $475,000 -5.0% $191 / Sq Ft
03/08/2019 03/08/19 Pending -- -- --
01/23/2019 01/23/19 For Sale $500,000 +112.8% $201 / Sq Ft
01/23/2019 01/23/19 Pending -- -- --
06/03/2016 06/03/16 Sold $235,000 +4.4% $58,750 / Sq Ft
04/27/2016 04/27/16 Pending -- -- --
04/08/2016 04/08/16 For Sale $225,000 +18.4% $56,250 / Sq Ft
12/08/2014 12/08/14 Sold $190,000 -36.6% $47,500 / Sq Ft
10/29/2014 10/29/14 Pending -- -- --
07/31/2014 07/31/14 For Sale $299,900 +88.6% $74,975 / Sq Ft
08/21/2013 08/21/13 Sold $159,000 -24.3% $53,000 / Sq Ft
07/30/2013 07/30/13 Pending -- -- --
05/13/2013 05/13/13 For Sale $210,000 -- $70,000 / 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 $6,203 $529,867 $111,550 $418,317
2024 $6,203 $519,478 $109,363 $410,115
2023 $6,059 $509,293 $107,219 $402,074
2022 $5,961 $499,308 $105,117 $394,191
2021 $5,680 $489,518 $103,056 $386,462
2020 $5,731 $484,500 $102,000 $382,500
2019 $5,326 $450,000 $100,000 $350,000
2018 $2,968 $244,493 $73,348 $171,145
2017 $7,155 $239,700 $71,910 $167,790
2016 $2,317 $192,897 $40,610 $152,287
2015 $2,285 $190,000 $40,000 $150,000
2014 $1,915 $159,000 $47,000 $112,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 19004445

MetroList

APN: 037-0242-024