NOT LISTED FOR SALE

Estimated Value: $459,120

4 Beds
2 Baths
1,700 Sq Ft
$270/Sq Ft Est. Value

Sale Details

Date Sold: February 17, 2015

Last sale price $150,000 $88 Per Sq Ft

Est. 206% increase in value since last sale

Current estimated payment $2,689 / mo

75 Days on Market

Highlights

  • No HOA
  • Covered Patio or Porch
  • 1-Story Property

About This Home

As of February 2015

Excellent potential on this affordable duplex. This duplex has a large fenced in yard that the tenants kids love to play in. The interiors feature: A large living room, An extra large master bedroom, and spacious kitchen with Tile floors and eating nook. The bathrooms have tile floors and tile shower surround. The back yard has a nice size shed. Laundry hook ups inside both units. You won't find a better duplex for less money than this property. 8.88 Gross Rent Multiplier!

Last Agent to Sell the Property

Ron Benning

LPT Realty, Inc License #01058898 Listed on: 11/08/2014

LPT Realty, Inc

Last Buyer's Agent

Bill Seip

NorCal Properties License #01717433

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 7,248 Sq Ft Lot
  • Lot Dimensions are 50x144

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Window Treatments
  • Fire and Smoke Detector
  • Free-Standing Gas Range
  • Washer and Dryer Hookup

Parking

  • 4 Open Parking Spaces
  • 1 Parking Space Included

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Window Unit Cooling System
  • Wall Furnace

Listing and Financial Details

  • Security Deposit $1,500
  • Tenant pays for electricity gas
  • Assessor Parcel Number 037-0093-003-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

7,248 Sq Ft Lot

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1948
  • Architectural Style: Ranch
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Range
  • Flooring: Carpet,Tile
  • Window Features: Window Coverings

Exterior Features

  • Construction Materials: Frame,Stucco,Wood
  • Disclosures/Documents: CC&Rs,Natural Hazard Disclosure Available,Rental/Lease Agmts
  • Listing Price: 154900.00
  • Patio And Porch Features: Covered Patio
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 4
  • Parking Features: 1 Space Per Unit

Utilities

  • Security: Smoke Detector
  • Cooling: Window Unit(s)
  • Heating: Wall Furnace

Condo/Co-op/Association

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

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: RD10
  • Lot Size Acres: 0.1664
  • Lot Dimensions: 50x144
  • Lot Size Sq Ft: 7248

Rental Info

  • Tenant Pays: Electricity,Gas
  • Total Deposit: 1500
  • Total # Leasable: 2

Multi Family

  • Income Includes: Rent Only
  • Number of Month to Month Units: 2
  • Number of Units: 2
  • Units Furnished: None
  • Gross Income Multiplier: 8.880

Tax Info

  • Assessor Parcel Number: 037-0093-003-0000

MLS Schools

  • School District (County): Sacramento

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2014
Closed on
Feb 10, 2015
Sold by
Bought by
Seller's Agent
Ron Benning
LPT Realty, Inc
Buyer's Agent
Bill Seip
NorCal Properties
List Price
$159,888
Sold Price
$150,000
Premium/Discount to List
-$9,888
-6.18%
Current Estimated Value
$459,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$309,120
Avg. Annual Appreciation
10.28%
Original Mortgage
$112,500
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2009
Sold by
Bought by

Purchase Details

Closed on
Apr 7, 2009
Sold by
Bought by

Purchase Details

Closed on
Mar 28, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Interest Rate
5.02%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 14, 1999
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$150,000 Old Republic Title Company
$51,000 Chicago Title Company
$44,000 Servicelink
$340,000 Old Republic Title Company
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $270,900
Closed $112,500
Previous Owner $238,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/17/2015 02/17/15 Sold $150,000 -6.2% $88 / Sq Ft
01/22/2015 01/22/15 Pending -- -- --
11/08/2014 11/08/14 For Sale $159,888 -- $94 / Sq Ft
Source: MetroList

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $2,245 $183,872 $89,485 $94,387
2025 $2,215 $180,268 $87,731 $92,537
2024 $2,215 $176,734 $86,011 $90,723
2023 $2,165 $173,270 $84,325 $88,945
2022 $2,130 $169,873 $82,672 $87,201
2021 $2,034 $166,543 $81,051 $85,492
2020 $2,050 $164,836 $80,220 $84,616
2019 $2,008 $161,605 $78,648 $82,957
2018 $1,958 $158,437 $77,106 $81,331
2017 $1,934 $155,332 $75,595 $79,737
2016 $1,789 $152,287 $74,113 $78,174
2015 $674 $54,639 $26,783 $27,856
2014 $657 $53,570 $26,259 $27,311
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 14070240

MetroList

APN: 037-0093-003

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