NOT LISTED FOR SALE

Estimated Value: $553,000 - $648,000

6 Beds
4 Baths
2,400 Sq Ft
$244/Sq Ft Est. Value

Last Sold February 09, 2023

Last sale price $525,000 $219 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,596/month

43 Days on Market

Highlights

  • Private Dock
  • No HOA
  • 2 Car Attached Garage
  • Corner Lot
  • Covered Patio or Porch
  • Double Pane Windows

About This Home

As of February 2023

Modern duplex on corner lot, and both units are approx 1100 sqft, 3bed/2bath. Potential cash cow. Wonderful opportunity for an investor or owner-occupied buyer - live in one and collect rent from the other. This great corner lot features 2 units with approximately 1200 sqft each. Both units have an attached 1 car garage with convenient laundry hookups. Upstairs unit was remodeled in 2017, and new HVAC system in 2019. Conveniently located near downtown Sacramento, freeway access, and public transportation.

Last Agent to Sell the Property

Sam Trainor

LPT Realty, Inc License #02041895 Listed on: 10/06/2022

LPT Realty, Inc

Co-Listed By

Mike Trainor

LPT Realty, Inc License #01897202

Last Buyer's Agent

Melissa Williams

House Real Estate License #02027768

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1994

Lot Details

  • 6,534 Sq Ft Lot
  • Corner Lot

Parking

  • 2 Car Attached Garage
  • 4 Open Parking Spaces
  • On-Street Parking

Home Design

  • Duplex
  • Concrete Foundation
  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Lap Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Double Pane Windows
  • Laminate Flooring

Kitchen

  • Free-Standing Gas Oven
  • Free-Standing Gas Range
  • Dishwasher

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Private Dock
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Gas Water Heater
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, insurance
  • Assessor Parcel Number 250-0071-001-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1994

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Townhouses,House(s)
  • Property Subtype 1: Duplex
  • Stories: 2
  • Year Built: 1994
  • Stories: 2
  • Number of Three Bedroom Units: 2
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Oven, Free Standing Gas Range, Gas Water Heater, Dishwasher
  • Flooring: Laminate
  • Price Per Square Foot: 218.02
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Lap Siding, Wood
  • Disclosures/Documents: Structural Pest Control Report, Home Inspection Report
  • Exterior Features: Private Boat Dock
  • Foundation: Concrete, Slab
  • Listing Price: 549000.00
  • Lot Features: Corner
  • Patio And Porch Features: Covered Patio, Varies by Unit
  • Property Condition: Varies by Unit
  • Roof: Shingle, Composition

Garage/Parking

  • Open Parking Spaces: 4.00
  • Garage Spaces: 2.00
  • Parking Features: Attached, Street, Garage, Uncovered
  • Total Parking Spaces: 6.00

Utilities

  • Security: Carbon Mon Detector, Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Cable Available, Natural Gas Connected, City, Dish Antenna, Electric, Internet Available
  • Cooling: Central
  • Heating: Central, Gas
  • Laundry Features: In Each Unit, Washer/Dryer Hookups
  • Water Source: Public
  • Separate Meters: Electricity,Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Twin Rivers Unified

Lot Info

  • Zoning Description: R-1
  • Irrigation: Irrigation Available, Irrigation Connected
  • Lot Size Acres: 0.1500
  • Lot Size Sq Ft: 6534.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Insurance
  • Lease Term: Month To Month
  • Total # Leasable: 2

Multi Family

  • Income Includes: Rent Only
  • Existing Lease Type: See Remarks
  • Number of Leased Units: 2
  • Number of Month to Month Units: 2
  • Number of Units: 2

Tax Info

  • Assessor Parcel Number: 250-0071-001-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2022
Closed on
Feb 6, 2023
Sold by
Raymond T T and Raymond Jeri L
Bought by
Young Louis
Seller's Agent
Sam Trainor
LPT Realty, Inc
Buyer's Agent
Melissa Williams
House Real Estate
List Price
$549,000
Sold Price
$525,000
Premium/Discount to List
-$24,000
-4.37%
Views
84
Current Estimated Value
$584,965

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,965
Avg. Annual Appreciation
3.80%
Original Mortgage
$393,750
Outstanding Balance
$380,400
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$204,565

Purchase Details

Closed on
Jul 8, 2019
Sold by
Trainor Jeri L and Tharp Jeri L
Bought by
Tharp Raymond T and Tharp Jeri L

Purchase Details

Closed on
Jan 18, 2012
Sold by
Rls Investment Properties Llc
Bought by
Trainor Michael and Trainor Jeri

Purchase Details

Closed on
Feb 24, 2009
Sold by
Trainor Michael and Trainor Jeri
Bought by
Rls Investment Properties Llc

Purchase Details

Closed on
Sep 15, 2008
Sold by
Lasalle Bank Na
Bought by
Trainor Michael P and Trainor Jeri L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 28, 2007
Sold by
Patterson Gary
Bought by
Lasalle Bank Na and Mlmi Trust Series 2006-Rm5

Purchase Details

Closed on
Aug 1, 2006
Sold by
Taylor Bruce E
Bought by
Patterson Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
7.5%
Mortgage Type
Balloon

Purchase Details

Closed on
Dec 19, 2002
Sold by
Singh Jagendra
Bought by
Taylor Bruce E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.37%

Purchase Details

Closed on
Mar 14, 1997
Sold by
Singh Shakuntala
Bought by
Singh Jagendra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,355
Interest Rate
7.74%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 5, 1997
Sold by
Placer Svgs Bank
Bought by
Singh Jagendra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,355
Interest Rate
7.74%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 6, 1996
Sold by
Bigelow Casey D and Placer Svgs Bank
Bought by
Placer Svgs Bank
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Young Louis $525,000 Fidelity National Title Compan
Tharp Raymond T -- None Available
Trainor Michael -- None Available
Rls Investment Properties Llc -- None Available
Trainor Michael P $136,000 Lsi Title Agency
Lasalle Bank Na $225,685 None Available
Patterson Gary $465,000 Financial Title Company
Taylor Bruce E $225,000 Alliance Title Company
Taylor Bruce E -- Alliance Title Company
Singh Jagendra -- Golden California Title Co
Singh Jagendra $96,000 Golden California Title Co
Placer Svgs Bank $137,541 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young Louis $393,750
Previous Owner Trainor Michael P $108,000
Previous Owner Patterson Gary $372,000
Previous Owner Taylor Bruce E $180,000
Previous Owner Singh Jagendra $94,355
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/09/2023 02/09/23 Sold $525,000 -4.4% $219 / Sq Ft
11/18/2022 11/18/22 Pending -- -- --
10/06/2022 10/06/22 For Sale $549,000 -- $229 / 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 $6,444 $546,210 $163,863 $382,347
2024 $6,444 $535,500 $160,650 $374,850
2023 $2,285 $167,920 $49,503 $118,417
2022 $2,161 $164,629 $48,533 $116,096
2021 $2,149 $161,402 $47,582 $113,820
2020 $2,126 $159,748 $47,095 $112,653
2019 $2,098 $156,617 $46,172 $110,445
2018 $2,000 $153,547 $45,267 $108,280
2017 $2,040 $150,537 $44,380 $106,157
2016 $2,017 $147,586 $43,510 $104,076
2015 $1,904 $145,370 $42,857 $102,513
2014 $1,938 $142,523 $42,018 $100,505
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 222125606

MetroList

APN: 250-0071-001