NOT LISTED FOR SALE

3848 Walnut Ave Carmichael, CA 95608

Oakvale Neighborhood

Estimated Value: $582,000 - $675,000

5 Beds
3 Baths
2,287 Sq Ft
$273/Sq Ft Est. Value

Last Sold October 23, 2020

Last sale price $505,000 $221 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,795/month

5 Days on Market

Highlights

  • No HOA
  • Double Pane Windows
  • 1-Story Property
  • Winston Churchill Middle School Rated A-
  • Central Heating and Cooling System

About This Home

As of October 2020

If you are looking for a great investment opportunity with excellent cash flow- this is it! This duplex is owner occupied and was well taken care of over the years. New roof and gutters in 2011, dual pane windows in 2010, stucco in 2011. The larger unit has original hard wood flooring, granite countertops and nice cabinets. The small units just had laminate installed in 2019, also had updated cabinets and granite countertops. 2 bed/1 bath is vacant and ready to move-in, 3 bed/2 bath is owner occupied, who is planning to move out next week so both sides will be delivered vacant! Rents are projected around $1600-$1800 for a 2/1 and $1800-$2000 for a 3/2. Very good school district. Don't miss out!

Last Agent to Sell the Property

Igor Musiyets

Realty ONE Group Complete License #02034527 Listed on: 09/18/2020

Realty ONE Group Complete

Last Buyer's Agent

LeeAnne Schall

Wesely & Associates License #01317846

Wesely & Associates

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980

Lot Details

  • 10,261 Sq Ft Lot

Parking

  • 3 Car Garage
  • 1 Parking Space Included

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Double Pane Windows

Utilities

  • Central Heating and Cooling System
  • 220 Volts

Listing and Financial Details

  • Tenant pays for cable tv gas trash collection water
  • Assessor Parcel Number 258-0040-052-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Year Built

Built in 1980

Lot Details

0

Parking

3

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1980
  • Stories: 1
  • Number of Three Bedroom Units: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher,Varies By Unit
  • Other Equipment: Varies by Unit
  • Flooring: Laminate,Wood,Varies by Unit
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Brick,Stone,Stucco,Wood
  • Disclosures/Documents: CC&Rs,Owner Occupies 1 Unit
  • Foundation: Slab
  • Listing Price: 499000.00
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Garage,Varies by Unit,1+ Space Per Unit

Utilities

  • Cooling: Central
  • Electric: 220 Volts
  • Heating: Central

Condo/Co-op/Association

  • Association Features: Yard Space
  • Association: No

Schools

  • Senior High School District: San Juan Unified

Lot Info

  • Zoning Description: RD20
  • Lot Size Acres: 0.2356
  • Lot Size Sq Ft: 10261

Rental Info

  • Tenant Pays: Cable TV,Gas,Trash Collection,Water
  • Total # Leasable: 2

Multi Family

  • Income Includes: Rent Only
  • Existing Lease Type: Other
  • Number of Units: 2
  • Number of Vacant Units: 1
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 258-0040-052-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 9, 2024
Sold by
Xie Helen
Bought by
Helen Xie Trust and Xie
Current Estimated Value
$623,772

Purchase Details

Listed on
Sep 18, 2020
Closed on
Oct 20, 2020
Sold by
Komarov Nikolay and Komarova Natalya
Bought by
Xie Helen
Seller's Agent
Igor Musiyets
Realty ONE Group Complete
Buyer's Agent
LeeAnne Schall
Wesely & Associates
List Price
$499,000
Sold Price
$505,000
Premium/Discount to List
$6,000
1.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.12%
Original Mortgage
$399,200
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 1999
Sold by
Gavrilov Nikolay and Gavrilova Mariya
Bought by
Komarov Nikolay and Komarov Nataliya

Purchase Details

Closed on
Apr 9, 1999
Sold by
Moberly Jomoa A and Estate Of James A Moberly
Bought by
Komarov Nikolay and Komarova Nataliya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,800
Interest Rate
7.04%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Helen Xie Trust -- None Listed On Document
Xie Helen $505,000 Chicago Title Company
Komarov Nikolay -- --
Komarov Nikolay $122,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Xie Helen $399,200
Previous Owner Komarov Nikolay $109,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2020 10/23/20 Sold $505,000 +1.2% $221 / Sq Ft
09/23/2020 09/23/20 Pending -- -- --
09/18/2020 09/18/20 For Sale $499,000 -- $218 / 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 $6,412 $546,626 $173,188 $373,438
2024 $6,412 $535,909 $169,793 $366,116
2023 $6,309 $525,402 $166,464 $358,938
2022 $6,182 $515,100 $163,200 $351,900
2021 $6,078 $505,000 $160,000 $345,000
2020 $2,054 $174,864 $57,329 $117,535
2019 $2,012 $171,436 $56,205 $115,231
2018 $1,987 $168,075 $55,103 $112,972
2017 $1,966 $164,780 $54,023 $110,757
2016 $1,837 $161,550 $52,964 $108,586
2015 $1,848 $159,124 $52,169 $106,955
2014 $1,809 $156,008 $51,148 $104,860
Source: Public Records

Agents Affiliated with this Home

  • Igor Musiyets

    Seller's Agent in 2020

    Igor Musiyets

    Realty ONE Group Complete

    (916) 718-4962

    1 in this area

    129 Total Sales

    Igor Musiyets
    Section Image
  • LeeAnne Schall

    Buyer's Agent in 2020

    LeeAnne Schall

    Wesely & Associates Inc.

    (916) 953-3354

    64 Total Sales

    LeeAnne Schall
    Section Image
See All Agents

Map

Source: MetroList

MLS Number: 20056206

MetroList

APN: 258-0040-052

California Sacramento County Carmichael 95608 Oakvale

3848 Walnut Ave, Carmichael, CA

Not Listed for Sale

MultiFamily

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