NOT LISTED FOR SALE

Estimated Value: $398,000 - $482,000

4 Beds
2 Baths
1,600 Sq Ft
$280/Sq Ft Est. Value

Last Sold May 31, 2018

Last sale price $315,000 $197 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $2,709/month

47 Days on Market

Highlights

  • Contemporary Architecture
  • No HOA
  • 1-Story Property

About This Home

As of May 2018

Mid century duplex. Close to transportation, shopping and schools. Big fenced yards, garage access from unit. Shade trees. Both tenants prompt on rent.

Last Agent to Sell the Property

Rusty Cowan

HomeSmart ICARE Realty License #01057661 Listed on: 04/08/2018

HomeSmart ICARE Realty

Last Buyer's Agent

Arnoldo Arreola

RE/MAX Star Properties License #00671401

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,600

Year Built

  • Built in 1959

Lot Details

  • 6,551

Parking

  • 1 Car Garage
  • 1 Parking Space Included

Home Design

  • Duplex
  • Contemporary Architecture
  • Composition Roof

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Natural Gas

Additional Features

  • 1-Story Property
  • 6,551 Sq Ft Lot

Listing and Financial Details

  • Security Deposit $2,300
  • Tenant pays for electricity
  • Assessor Parcel Number 200-0211-017-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Built by Larchmont
  • Larchmont Village Subdivision

Building Details

  • 1 Leased Unit
  • 1 Unit Leased Month-To-Month
  • Insurance Expense $600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,600

Year Built

Built in 1959

Lot Details

0

Parking

1

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1959
  • Architectural Style: Contemporary
  • Stories: 1
  • Subdivision: Larchmont Village
  • Number of Two Bedroom Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Electric Oven,Built-In Electric Range,Disposal,Electric Cook Top,Microwave
  • Other Equipment: None
  • Flooring: Carpet,Linoleum/Vinyl

Exterior Features

  • Builder Name: Larchmont
  • Construction Materials: Frame,Stucco
  • Disclosures/Documents: Rental/Lease Agmts,Structural Pest Control Report
  • Listing Price: 329000.00
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Garage,1+ Space Per Unit

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Cooling: Wall Unit(s)
  • Heating: Natural Gas
  • Utilities Expenses: 2400

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Twin Rivers Unified

Lot Info

  • Zoning Description: Res
  • Lot Size Acres: 0.1504
  • Lot Size Sq Ft: 6551

Rental Info

  • Tenant Pays: Electricity
  • Total Deposit: 2300
  • Total # Leasable: 2

Multi Family

  • Gross Income: 24000
  • Income Includes: Rent Only
  • Insurance Expense: 600
  • Number of Leased Units: 1
  • Number of Month to Month Units: 1
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 200-0211-017-0000
  • Current RE Taxes: 2600

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2018
Closed on
May 29, 2018
Sold by
Cowan Lloyd
Bought by
Pena Carlos and Pena Maria Teresa
Seller's Agent
Rusty Cowan
HomeSmart ICARE Realty
Buyer's Agent
Arnoldo Arreola
RE/MAX Star Properties
List Price
$329,000
Sold Price
$315,000
Premium/Discount to List
-$14,000
-4.26%
Current Estimated Value
$447,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,587
Avg. Annual Appreciation
4.88%

Purchase Details

Listed on
Sep 19, 2014
Closed on
Nov 7, 2014
Sold by
Cowan Kimberly
Bought by
Cowan Lloyd
Seller's Agent
Chris Firenze
Florence Real Estate
Buyer's Agent
Rusty Cowan
HomeSmart ICARE Realty
List Price
$214,900
Sold Price
$212,500
Premium/Discount to List
-$2,400
-1.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.73%
Original Mortgage
$159,375
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 19, 2014
Closed on
Nov 5, 2014
Sold by
Elkhorn Trust #3824
Bought by
Cowan Lloyd
Seller's Agent
Chris Firenze
Florence Real Estate
Buyer's Agent
Rusty Cowan
HomeSmart ICARE Realty
List Price
$214,900
Sold Price
$212,500
Premium/Discount to List
-$2,400
-1.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,375
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 2013
Sold by
Galvan Gerardo L and Galvan Violeta R
Bought by
Elkhorn Trust #3824

Purchase Details

Closed on
Apr 17, 2006
Sold by
Thorne Kenneth R
Bought by
Galvan Gerardo L and Galvan Violeta R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
1.4%
Mortgage Type
Negative Amortization
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
Pena Carlos $315,000 First American Title Company
Cowan Lloyd -- Stewart Title
Cowan Lloyd $212,500 Stewart Title
Elkhorn Trust #3824 -- None Available
Galvan Gerardo L $390,000 Placer Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cowan Lloyd $159,375
Previous Owner Galvan Gerardo L $312,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/31/2018 05/31/18 Sold $315,000 -4.3% $197 / Sq Ft
05/25/2018 05/25/18 Pending -- -- --
04/08/2018 04/08/18 For Sale $329,000 +54.8% $206 / Sq Ft
11/12/2014 11/12/14 Sold $212,500 -1.1% $133 / Sq Ft View Prior Sale
10/14/2014 10/14/14 Pending -- -- --
09/19/2014 09/19/14 For Sale $214,900 -- $134 / 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 $4,037 $358,410 $73,956 $284,454
2024 $4,037 $351,383 $72,506 $278,877
2023 $4,066 $344,494 $71,085 $273,409
2022 $3,826 $337,741 $69,692 $268,049
2021 $3,816 $331,120 $68,326 $262,794
2020 $3,782 $327,726 $67,626 $260,100
2019 $3,732 $321,300 $66,300 $255,000
2018 $2,531 $224,454 $42,250 $182,204
2017 $2,597 $220,054 $41,422 $178,632
2016 $2,598 $215,740 $40,610 $175,130
2015 $2,441 $212,500 $40,000 $172,500
2014 $2,353 $196,816 $85,000 $111,816
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 18021232

MetroList

APN: 200-0211-017