NOT LISTED FOR SALE

3938 Renick Way North Highlands, CA 95660

Oakdale Neighborhood

Estimated Value: $597,000 - $713,613

8 Beds
5 Baths
2,665 Sq Ft
$251/Sq Ft Est. Value

Sale Details

Date Sold: April 10, 2024

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

Est. 8% decrease in value since last sale

Current estimated payment $4,321 / 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

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

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2024
Closed on
Apr 10, 2024
Sold by
Bought by
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
$668,903

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$56,097
Avg. Annual Appreciation
-3.55%
Original Mortgage
$362,500
Outstanding Balance
$355,807
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$313,096

Purchase Details

Closed on
Nov 8, 2023
Sold by
Bought by

Purchase Details

Closed on
May 31, 2023
Sold by
Bought by

Purchase Details

Closed on
Mar 25, 2022
Sold by
Bought by

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
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 11, 2022
Sold by
Bought by

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
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 19, 2018
Sold by
Bought by

Purchase Details

Closed on
Dec 14, 2016
Sold by
Bought by

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
Bought by

Purchase Details

Closed on
Sep 3, 2008
Sold by
Bought by

Purchase Details

Closed on
May 1, 2008
Sold by
Bought by

Purchase Details

Closed on
Jun 24, 2005
Sold by
Bought by

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
Bought by

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
Bought by

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
Bought by

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
Bought by

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
Bought by

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
Bought by

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
Bought by
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

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 Buyer Sale Price Title Company
$725,000 Chicago Title Company
-- None Listed On Document
-- None Listed On Document
-- None Listed On Document
$485,000 Chicago Title
-- Fidelity National Title Comp
$300,000 Fidelity National Title Comp
$245,000 Orange Coast Title Company O
$180,000 North American Title Co Inc
$145,000 Lsi Title Company
$162,000 Servicelink
-- Financial Title Company
$400,000 Financial Title Company
$285,000 Alliance Title Company
-- Financial Title Company
$59,000 Financial Title Company
$100,000 --
$93,500 North American Title Ins Co
$93,600 North American Title Co Inc
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $362,500
Previous Owner $508,500
Previous Owner $183,750
Previous Owner $360,000
Previous Owner $158,000
Previous Owner $106,200
Previous Owner $25,000
Previous Owner $74,800
Source: Public Records

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
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

Agents Affiliated with this Home

  • Michael Lim

    Seller's Agent in 2024

    Michael Lim

    Kinetic Real Estate

    (916) 835-7912

    1 in this area

    89 Total Sales

    Michael Lim
    Section Image
  • Charlotte Tjong

    Buyer's Agent in 2024

    Charlotte Tjong

    RE/MAX

    (916) 917-2551

    1 in this area

    43 Total Sales

    Charlotte Tjong
    Section Image
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Map

Source: MetroList

MLS Number: 224014185

MetroList

APN: 228-0570-014

California Sacramento County North Highlands 95660 Oakdale

3938 Renick Way, North Highlands, CA

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.

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