NOT LISTED FOR SALE

Estimated Value: $598,000 - $718,226

8 Beds
5 Baths
2,665 Sq Ft
$254/Sq Ft Est. Value

Sale Details

Date Sold: April 10, 2024

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

Est. 7% decrease in value since last sale

Current estimated payment $4,444 / mo

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

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

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

Year Built

Built in 1979

Lot Details

6,525 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Subtype Description: House(s)
  • Property Subtype 1: Triplex
  • Year Built: 1979
  • Stories: 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"]
  • 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

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $8,750 $754,290 $187,272 $567,018
2025 $8,750 $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

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Map

Source: MetroList

MLS Number: 224014185

MetroList

APN: 228-0570-014

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