NOT LISTED FOR SALE

3938 Renick Way North Highlands, CA 95660

Oakdale Neighborhood

Estimated Value: $490,000 - $725,496

8 Beds
5 Baths
2,665 Sq Ft
$231/Sq Ft Est. Value

Last Sold April 10, 2024

Last sale price $725,000 $272 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $3,795/month

24 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • 1-Story Property
  • Private Yard
  • Central Heating and Cooling System

About This Home

As of April 2024

FULLY OCCUPIED!! Introducing a prime investment opportunity! This triplex has undergone a recent ADU conversion, offering substantial income potential for savvy investors with a market value of $6,800 monthly rent income. The addition of an Accessory Dwelling Unit enhances the property's value and rental income potential with a market value of $1,800. Currently, 2 of 3 units are rented with a total monthly income of $3,715. Fully renovated ADU with new features such vinyl laminate floors, quartz countertops, fresh white modern kitchen and bathroom cabinets, and more. Each unit is crafted for contemporary lifestyles, featuring individual laundry facilities, thereby enhancing its desirability among renters. Whether you're an experienced investor or new to the market, this property promises lucrative returns. Don't miss out on the chance to capitalize on this excellent investment prospect!

Last Agent to Sell the Property

Michael Lim

Kinetic Real Estate License #02110972 Listed on: 02/16/2024

Last Buyer's Agent

Charlotte Tjong

Re/Max Gold Fair Oaks License #02012614

Re/Max Gold Fair Oaks

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,783

Year Built

  • Built in 1979

Lot Details

  • 6,525 Sq Ft Lot
  • Private Yard

Home Design

  • Triplex
  • Stucco

Interior Spaces

  • 2,665 Sq Ft Home
  • 1-Story Property
  • Laundry in unit

Kitchen

  • Free-Standing Electric Oven
  • Free-Standing Electric Range
  • Microwave

Flooring

  • Wood
  • Laminate
  • Tile
  • Vinyl

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • On-Street Parking

Utilities

  • Central Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System

Listing and Financial Details

  • Assessor Parcel Number 228-0570-014-0000

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 1 Leased Unit
  • 1 Vacant Unit
  • 1 Unit Leased Month-To-Month
  • Net Lease

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,783

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Subtype Description: House(s)
  • Property Subtype 1: Triplex
  • Year Built: 1979
  • Stories: 1
  • Number of Two Bedroom Units: 1
  • Number of Three Bedroom Units: 2
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Refrigerator, Microwave, Varies By Unit, Free Standing Electric Oven, Free Standing Electric Range
  • Flooring: Tile, Laminate, Vinyl, Wood, Varies by Unit, Other
  • Price Per Square Foot: 272.05
  • Square Footage: 2665.00
  • ResoLivingAreaSource: Owner

Exterior Features

  • Construction Materials: Stucco, Other
  • Exterior Features: Yard Space
  • Foundation: Other
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 737000.00
  • Lot Features: None
  • New Construction: No
  • Pool: No
  • Spa: No

Garage/Parking

  • Open Parking Spaces: 2.00
  • Parking Features: Street, Other
  • Total Parking Spaces: 2.00

Utilities

  • Security: None
  • Sewer: Public Sewer, See Remarks
  • Utilities: Other
  • Cooling: Central, Wall Unit(s), Window Unit(s), Varies by Unit
  • Heating: Central, Varies by Unit
  • Laundry Features: In Each Unit, Varies by Unit
  • Water Source: See Remarks, Public
  • Separate Meters: See Remarks

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Twin Rivers Unified

Lot Info

  • Zoning Description: RD-10
  • Irrigation: See Remarks
  • Lot Size Acres: 0.1498
  • Lot Size Sq Ft: 6525.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Expiration Date: 1800-01-011800-01-01
  • Lease Type: Net

Multi Family

  • Income Includes: ["Rent Only"]
  • Total Number Leasable: 3
  • Number of Leased Units: 1
  • Number of Month to Month Units: 1
  • Number of Units: 3
  • Number of Vacant Units: 1

Tax Info

  • Assessor Parcel Number: 228-0570-014-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2024
Closed on
Apr 10, 2024
Sold by
Kaizenetic Llc
Bought by
Mayfield Divina and Mayfield Brian
Seller's Agent
Michael Lim
Kinetic Real Estate
Buyer's Agent
Charlotte Tjong
Re/Max Gold Fair Oaks
List Price
$737,000
Sold Price
$725,000
Premium/Discount to List
-$12,000
-1.63%
Views
64
Current Estimated Value
$615,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$109,126
Avg. Annual Appreciation
-9.99%
Original Mortgage
$362,500
Outstanding Balance
$357,145
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$258,729

Purchase Details

Closed on
May 31, 2023
Sold by
Kaizenetic Llc
Bought by
Kaizen Capital Llc

Purchase Details

Closed on
Mar 25, 2022
Sold by
Kaizen Capital Llc
Bought by
Kaizenetic Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,500
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 11, 2022
Sold by
Lam Cathine K
Bought by
Kaizen Capital Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,500
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 19, 2018
Sold by
Tran Victor
Bought by
Lam Cathine K

Purchase Details

Closed on
Dec 14, 2016
Sold by
Pavlichenko Floriya and Levi Mario
Bought by
Singh Paramjit and Sidhu Harjeet K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,750
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2013
Sold by
Selden Wilson Cary and Selden Yvonne M
Bought by
Pavlichenko Floriya and Levi Mario

Purchase Details

Closed on
Sep 3, 2008
Sold by
Deutsche Bank National Trust Co
Bought by
Selden Wilson Cary and Selden Yvonne M

Purchase Details

Closed on
May 1, 2008
Sold by
Tamber Satinder Singh
Bought by
Deutsche Bank National Trust Co and Long Beach Mortgage Loan Trust 2005-Wl3

Purchase Details

Closed on
Jun 24, 2005
Sold by
Tamber Jaswinder Kaur
Bought by
Tamber Satinder Singh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
8.9%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 21, 2005
Sold by
Lee Brenda and Won Moan C
Bought by
Tamber Satinder Singh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
8.9%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 11, 2003
Sold by
Charon Ishwar
Bought by
Lee Brenda and Won Han K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,000
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 30, 2001
Sold by
Charan Sarojini
Bought by
Charan Ishwar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,200
Interest Rate
7.14%

Purchase Details

Closed on
May 23, 2001
Sold by
Singh Prem and Singh Rajendra K
Bought by
Charan Ishwar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,200
Interest Rate
7.14%

Purchase Details

Closed on
Jan 22, 1999
Sold by
Prasad Rasikendra and Prasad Sneh L
Bought by
Singh Prem and Singh Rajendra K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
6.63%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 9, 1995
Sold by
Home Svgs Of America
Bought by
Prasad Rasikendra and Prasad Sneh L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,800
Interest Rate
7.59%

Purchase Details

Closed on
Mar 23, 1995
Sold by
Home Svgs Of America
Bought by
Home Svgs Of America
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mayfield Divina $725,000 Chicago Title Company
Kaizen Capital Llc -- None Listed On Document
Kaizenetic Llc -- None Listed On Document
Kaizen Capital Llc $485,000 Chicago Title
Lam Cathine K -- Fidelity National Title Comp
Lam Cathine K $300,000 Fidelity National Title Comp
Singh Paramjit $245,000 Orange Coast Title Company O
Pavlichenko Floriya $180,000 North American Title Co Inc
Selden Wilson Cary $145,000 Lsi Title Company
Deutsche Bank National Trust Co $162,000 Servicelink
Tamber Satinder Singh -- Financial Title Company
Tamber Satinder Singh $400,000 Financial Title Company
Lee Brenda $285,000 Alliance Title Company
Charan Ishwar -- Financial Title Company
Charan Ishwar $59,000 Financial Title Company
Singh Prem $100,000 --
Prasad Rasikendra $93,500 North American Title Ins Co
Home Svgs Of America $93,600 North American Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mayfield Divina $362,500
Previous Owner Kaizen Capital Llc $508,500
Previous Owner Singh Paramjit $183,750
Previous Owner Tamber Satinder Singh $360,000
Previous Owner Lee Brenda $158,000
Previous Owner Charan Ishwar $106,200
Previous Owner Singh Prem $25,000
Previous Owner Prasad Rasikendra $74,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/10/2024 04/10/24 Sold $725,000 -1.6% $272 / Sq Ft
03/11/2024 03/11/24 Pending -- -- --
02/16/2024 02/16/24 For Sale $737,000 -- $277 / 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 $6,783 $739,500 $183,600 $555,900
2024 $6,783 $590,000 $155,000 $435,000
2023 $5,847 $494,700 $153,000 $341,700
2022 $3,661 $321,658 $64,331 $257,327
2021 $3,651 $315,352 $63,070 $252,282
2020 $3,619 $312,120 $62,424 $249,696
2019 $3,572 $306,000 $61,200 $244,800
2018 $2,833 $249,899 $92,962 $156,937
2017 $2,906 $245,000 $91,140 $153,860
2016 $2,274 $187,239 $69,694 $117,545
2015 $2,137 $184,428 $68,648 $115,780
2014 $2,180 $180,817 $67,304 $113,513
Source: Public Records

Agents Affiliated with this Home

  • Michael Lim

    Seller's Agent in 2024

    Michael Lim

    Kinetic Real Estate

    (916) 835-7912

    1 in this area

    79 Total Sales

    Michael Lim
    Section Image
  • Charlotte Tjong

    Buyer's Agent in 2024

    Charlotte Tjong

    RE/MAX

    (916) 917-2551

    1 in this area

    50 Total Sales

    Charlotte Tjong
    Section Image
See All Agents

Map

Source: MetroList

MLS Number: 224014185

MetroList

APN: 228-0570-014

California Sacramento County North Highlands 95660 Oakdale

3938 Renick Way, North Highlands, CA

This home is located at 3938 Renick Way, North Highlands, CA 95660 since 16 February 2024 and is currently estimated at $615,874, approximately $231 per square foot. This property was built in 1979. 3938 Renick Way is a home located in Sacramento County with nearby schools including Madison Elementary School, Foothill Ranch Middle School, and Foothill High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MetroList IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes