NOT LISTED FOR SALE

Estimated Value: $405,000 - $538,000

4 Beds
2 Baths
1,800 Sq Ft
$251/Sq Ft Est. Value

Last Sold September 12, 2016

Last sale price $186,000 $103 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $2,657/month

39 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • Double Pane Windows

About This Home

As of September 2016

This duplex with 2 bedrooms, 1 bath with one car garage each side could be a little cash cow for an investor who has an experienced manager. Both Tenants are Section #8 one at $1050 a month and one at $850 a month. The property has a large fenced lot for privacy and security. This property has had some updating over the past few years including dual pane windows, tile floors, and updates to the kitchens. Some clean up in is still in process.Don't expect perfection, but priced accordingly.

Last Agent to Sell the Property

Ron Benning

LPT Realty, Inc License #01058898 Listed on: 05/05/2016

LPT Realty, Inc

Last Buyer's Agent

Arif Vora

Nick Sadek Sotheby's International Realty License #01850437

Nick Sadek Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,603

Year Built

  • Built in 1960

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions: 0.2

Parking

  • 6 Open Parking Spaces

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Double Pane Windows
  • Carbon Monoxide Detectors
  • Free-Standing Gas Oven

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity gas
  • Assessor Parcel Number 037-0242-007-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,603

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1960
  • Architectural Style: Ranch
  • Stories: 1
  • Number of Two Bedroom Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Oven
  • Other Equipment: None
  • Flooring: Carpet,Tile
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Frame,Stucco
  • Disclosures/Documents: Natural Hazard Disclosure Available,Rental/Lease Agmts
  • Listing Price: 190000.00
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 6
  • Parking Features: 1+ Space Per Unit

Utilities

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

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: Mutli
  • Lot Size Acres: 0.2000
  • Lot Dimensions: .20
  • Lot Size Sq Ft: 8712

Rental Info

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

Multi Family

  • Gross Income: 22800
  • Income Includes: Rent Only
  • Number of Units: 2
  • Units Furnished: None
  • Gross Income Multiplier: 8.330

Tax Info

  • Assessor Parcel Number: 037-0242-007-0000

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2016
Closed on
Sep 2, 2016
Sold by
Huang Sheng and Wang Hao
Bought by
Sidhu Amanpreet S and Sidhu Kulwinder K
Seller's Agent
Ron Benning
LPT Realty, Inc
Buyer's Agent
Arif Vora
Nick Sadek Sotheby's International Realty
List Price
$190,000
Sold Price
$186,000
Premium/Discount to List
-$4,000
-2.11%
Current Estimated Value
$451,267

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$265,267
Avg. Annual Appreciation
10.42%
Original Mortgage
$140,250
Outstanding Balance
$112,809
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$340,632

Purchase Details

Listed on
Aug 13, 2013
Closed on
Feb 26, 2014
Sold by
Conner Timothy
Bought by
Huang Sheng and Wang Hao
Seller's Agent
Ed Kroesing
Realty ONE Group Complete
Buyer's Agent
Jeri Macarow
HomeSmart ICARE Realty
List Price
$169,900
Sold Price
$159,000
Premium/Discount to List
-$10,900
-6.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.37%
Original Mortgage
$119,587
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 3, 2012
Closed on
Dec 17, 2012
Sold by
Webber Steven T and The Steven T Webber Trust
Bought by
Conner Timothy
Seller's Agent
Bruce Ring
Ring Realty
Buyer's Agent
Ed Kroesing
Realty ONE Group Complete
List Price
$114,000
Sold Price
$120,000
Premium/Discount to List
$6,000
5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.18%
Original Mortgage
$96,000
Interest Rate
3.37%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 2, 2012
Sold by
Anderson Glenn E and Webber Steven T
Bought by
Webber Steven T and The Steven T Webber Trust

Purchase Details

Closed on
Oct 11, 2011
Sold by
Blasquez Swain Llc
Bought by
Anderson Glenn E and Webber Steven T

Purchase Details

Closed on
Jul 11, 2011
Sold by
Chand Nirbhai and Chand Ved W
Bought by
Blasquez Swain Llc

Purchase Details

Closed on
Mar 25, 2002
Sold by
Soin Bal K and Soin Urmil D
Bought by
Chand Nirbhai and Chand Ved W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,950
Interest Rate
10.1%

Purchase Details

Closed on
Dec 29, 1998
Sold by
Pahwa Tej and Pahwa Kiran
Bought by
Pahwa Tej S and Pahwa Kiran B
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
Sidhu Amanpreet S $187,000 Chicago Title Company
Huang Sheng $159,500 None Available
Conner Timothy -- None Available
Conner Timothy $120,000 Placer Title Company
Webber Steven T -- None Available
Anderson Glenn E $70,000 Stewart Title Of Sacramento
Blasquez Swain Llc $67,150 None Available
Chand Nirbhai $127,000 Placer Title Company
Pahwa Tej S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sidhu Amanpreet S $140,250
Previous Owner Conner Timothy $119,587
Previous Owner Conner Timothy $96,000
Previous Owner Chand Nirbhai $290,000
Previous Owner Chand Nirbhai $127,000
Previous Owner Chand Nirbhai $122,000
Previous Owner Chand Nirbhai $107,950
Closed Chand Nirbhai $6,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2016 09/12/16 Sold $186,000 -2.1% $103 / Sq Ft
06/13/2016 06/13/16 Pending -- -- --
05/05/2016 05/05/16 For Sale $190,000 +19.5% $106 / Sq Ft
02/28/2014 02/28/14 Sold $159,000 -6.4% $88 / Sq Ft
01/31/2014 01/31/14 Pending -- -- --
08/12/2013 08/12/13 For Sale $169,900 +41.6% $94 / Sq Ft
12/14/2012 12/14/12 Sold $120,000 +5.3% $67 / Sq Ft
12/07/2012 12/07/12 Pending -- -- --
12/03/2012 12/03/12 For Sale $114,000 -- $63 / 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 $2,603 $217,023 $65,105 $151,918
2024 $2,603 $212,769 $63,829 $148,940
2023 $2,544 $208,598 $62,578 $146,020
2022 $2,503 $204,508 $61,351 $143,157
2021 $2,388 $200,499 $60,149 $140,350
2020 $2,409 $198,444 $59,533 $138,911
2019 $2,359 $194,554 $58,366 $136,188
2018 $2,300 $190,740 $57,222 $133,518
2017 $2,271 $187,000 $56,100 $130,900
2016 $1,988 $165,115 $48,670 $116,445
2015 $1,961 $162,635 $47,939 $114,696
2014 $1,468 $120,544 $20,090 $100,454
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 16027932

MetroList

APN: 037-0242-007