NOT LISTED FOR SALE

Estimated Value: $945,767 - $1,000,000

7 Beds
3 Baths
3,004 Sq Ft
$325/Sq Ft Est. Value

Last Sold August 11, 2021

Last sale price $923,000 $307 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $6,252/month

62 Days on Market

Highlights

  • 0.42 Acre Lot
  • No HOA
  • Fenced Yard
  • Craftsman Architecture
  • Covered Patio or Porch
  • Balcony

About This Home

As of August 2021

Opportunity Knocks! BUILDING POTENTIAL with this triplex situated on nearly half an acre in North Oak Park & zoned C1-SP. 5.5% CAP rate when fully occupied. Potential to increase rental income immediately as 2 of the 3 units are vacant. Property is all electric with updated plumbing, dual pane windows, mini split hvac & off street parking. Adjacent to the Broadway Triangle which is bustling with restaurants & shops and the upcoming AGGIE Square makes this a prime location for future growth. The upstairs unit highlights the essence of the time period bathed in natural light with high ceilings, original built-ins in the dining room. Tastefully updated & expansive kitchen with space for dining leading out the back deck overlooking the tree covered yard. Features 3 bedrooms, 1 bath & laundry in unit. Downstairs features 2 units with a shared laundry area. 3 bedroom, 1 bath unit with a large living room and 1 bedroom unit with a den. Each unit has patio & yard access. Do NOT disturb tenants

Last Agent to Sell the Property

Nicole Nichols

Coldwell Banker Realty License #01439129 Listed on: 05/07/2021

Coldwell Banker Realty

Last Buyer's Agent

Jeff Kihlthau

PMZ Real Estate License #01968538

PMZ Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,634

Year Built

  • Built in 1910 | Remodeled

Lot Details

  • 0.42 Acre Lot
  • Fenced Yard
  • Level Lot

Home Design

  • Triplex
  • Craftsman Architecture
  • Concrete Foundation
  • Slab Foundation
  • Shingle Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Double Pane Windows
  • Fire and Smoke Detector
  • Free-Standing Electric Range
  • Laundry in unit

Flooring

  • Concrete
  • Vinyl

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Utilities

  • Mini Split Air Conditioners
  • Ductless Heating Or Cooling System
  • Mini Split Heat Pump

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 014-0132-018

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 1 Leased Unit
  • 2 Vacant Units
  • 1 Unit Leased Month-To-Month
  • Insurance Expense $3,600
  • Maintenance Expense $2,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,634

Year Built

Built in 1910 | Remodeled

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Apartments
  • Property Subtype 1: Triplex
  • Stories: 2
  • Year Built: 1910
  • Architectural Style: Craftsman
  • Levels: Two
  • Stories: 2
  • Number of One Bedroom Units: 1
  • Number of Two Bedroom Units: 1
  • Number of Three Bedroom Units: 1
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Refrigerator, Varies By Unit, Free Standing Electric Range
  • Flooring: Concrete, Vinyl, Varies by Unit
  • Price Per Square Foot: 307.26
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Wood, Wood Siding
  • Disclosures/Documents: Lead Hazard Disclosure, Natural Hazard Disclosure Available, Seller Property Questionnaire, Transfer Disclosure Statement
  • Exterior Features: Fenced Yard, Yard Space
  • Foundation: Concrete, ConcretePerimeter, Slab
  • Listing Price: 999999.00
  • Lot Features: Shape Regular, Curbs/Gutters, Sidewalk
  • Patio And Porch Features: Balcony/Deck, Covered Patio, Varies by Unit
  • Property Condition: Updated/Remodeled, Varies by Unit
  • Roof: Shingle
  • Topography: Level

Garage/Parking

  • Open Parking Spaces: 5.00
  • Parking Features: Off Street, Uncovered
  • Total Parking Spaces: 5.00

Utilities

  • Security: Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Electric
  • Cooling: Ductless, Varies by Unit, Individual, See Remarks
  • Heating: Ductless, Individual, See Remarks
  • Laundry Features: In Common Area, In Each Unit, Varies by Unit
  • Water Source: Meter on Site, Public
  • Separate Meters: Common Area Meter,Electricity,See Remarks,Water

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: C1-SP
  • Irrigation: None
  • Lot Size Acres: 0.4200
  • Lot Size Sq Ft: 18295.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity
  • Lease Term: Month To Month
  • Lease Deposit: 1800
  • Total # Leasable: 3

Multi Family

  • Gross Income: 58680
  • Income Includes: Rent Only
  • Existing Lease Type: See Remarks
  • Insurance Expense: 3600
  • Maintenance Expense: 2500
  • Number of Leased Units: 1
  • Number of Month to Month Units: 1
  • Number of Units: 3
  • Number of Vacant Units: 2
  • Units Furnished: None
  • Three Bedrooms Occupied: 1
  • 1 Bedroom Rent Range: 1300
  • Two Bedroom Rent Range: 1700
  • Three Bedroom Rent Range: 1895

Tax Info

  • Assessor Parcel Number: 014-0132-018
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2021
Closed on
Aug 9, 2021
Sold by
York-Carr Mariah C
Bought by
Ross Ira
Seller's Agent
Nicole Nichols
Coldwell Banker Realty
Buyer's Agent
Jeff Kihlthau
PMZ Real Estate
List Price
$1,199,999
Sold Price
$923,000
Premium/Discount to List
-$276,999
-23.08%
Current Estimated Value
$976,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,942
Avg. Annual Appreciation
1.41%
Original Mortgage
$600,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 7, 2021
Closed on
Aug 6, 2021
Sold by
Ross Nicole
Bought by
Ross Ira
Seller's Agent
Nicole Nichols
Coldwell Banker Realty
Buyer's Agent
Jeff Kihlthau
PMZ Real Estate
List Price
$1,199,999
Sold Price
$923,000
Premium/Discount to List
-$276,999
-23.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 24, 2015
Closed on
Oct 9, 2015
Sold by
Hazell Nancy
Bought by
York Carr Mariah C
Seller's Agent
Jared Hazell
Hazell Real Estate
Buyer's Agent
Nick Nicholson
Real Estate Ebroker Inc
List Price
$549,000
Sold Price
$505,000
Premium/Discount to List
-$44,000
-8.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.94%
Original Mortgage
$457,875
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 28, 2009
Sold by
Hazell William
Bought by
Hazell Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,969
Interest Rate
5.31%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 1, 2009
Sold by
Deutsche Bank Trust Company Americas
Bought by
Deutsche Bank Trust Company Americas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,969
Interest Rate
5.31%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 16, 2009
Sold by
Deutsche Bank Trust Company Americas
Bought by
Hazell Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,969
Interest Rate
5.31%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 20, 2008
Sold by
Kouloulias Tina
Bought by
Deutsche Bank Trust Company Americas

Purchase Details

Closed on
Feb 24, 2006
Sold by
Stanley Sherri
Bought by
Kouloulias Tina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$429,000
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 18, 2002
Sold by
Stanley Robert Lynn
Bought by
Stanley Sherri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,250
Interest Rate
6.5%

Purchase Details

Closed on
Nov 11, 2002
Sold by
Kelly Willard A
Bought by
Stanley Sherri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,250
Interest Rate
6.5%

Purchase Details

Closed on
Mar 30, 1998
Sold by
Kelly Antonia M
Bought by
Kelly Willard A
Source: Public Records

Range of Values:

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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
Ross Ira $923,000 Fidelity National Title
Ross Ira -- Fidelity National Title
York Carr Mariah C $505,000 Orange Coast Title Company
Hazell Nancy -- First American Title Company
Deutsche Bank Trust Company Americas -- First American Title Company
Hazell Nancy $209,000 First American Title Company
Deutsche Bank Trust Company Americas $469,258 None Available
Kouloulias Tina $572,000 None Available
Stanley Sherri -- Chicago Title Company
Stanley Sherri $335,000 Chicago Title Company
Kelly Willard A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ross Ira $825,000
Closed Ross Ira $600,000
Previous Owner York Carr Mariah C $457,875
Previous Owner Hazell Nancy $360,000
Previous Owner Hazell Nancy $345,950
Previous Owner Hazell Nancy $320,003
Previous Owner Hazell Nancy $233,969
Previous Owner Kouloulias Tina $34,770
Previous Owner Kouloulias Tina $429,000
Previous Owner Stanley Sherri $251,250
Previous Owner Kelly Willard A $25,000
Previous Owner Kelly Willard A $40,000
Closed Stanley Sherri $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2021 08/11/21 Sold $923,000 -23.1% $307 / Sq Ft
07/08/2021 07/08/21 Pending -- -- --
05/07/2021 05/07/21 For Sale $1,199,999 +137.6% $399 / Sq Ft
10/23/2015 10/23/15 Sold $505,000 -8.0% $168 / Sq Ft
09/22/2015 09/22/15 Pending -- -- --
08/24/2015 08/24/15 For Sale $549,000 -- $183 / 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 $11,634 $979,491 $841,385 $138,106
2024 $11,634 $960,287 $824,888 $135,399
2023 $11,361 $941,459 $808,714 $132,745
2022 $11,170 $923,000 $792,857 $130,143
2021 $6,705 $552,287 $474,640 $77,647
2020 $6,754 $546,625 $469,774 $76,851
2019 $6,613 $535,908 $460,563 $75,345
2018 $6,443 $525,401 $451,533 $73,868
2017 $6,354 $515,100 $442,680 $72,420
2016 $6,182 $505,000 $434,000 $71,000
2015 $2,973 $224,469 $193,323 $31,146
2014 $2,901 $220,073 $189,537 $30,536
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 221045161

MetroList

APN: 014-0132-018