NOT LISTED FOR SALE

3941 Pinell St Sacramento, CA 95838

East Del Paso Heights Neighborhood
8 Beds
4 Baths
3,600 Sq Ft
0.46 Acres

Last Sold May 13, 2019

Last sale price $550,000 $153 Per Sq Ft

25 Days on Market

About This Home

As of May 2019

3941 Pinell St. is a quiet, community oriented 4 unit apartment building located in the northern part of the city of Sacramento. Each unit is composed of 2 bedrooms and 1 bath approx 900 sq. ft. One of the units has been remodeled throughout, earning $1200/month rent. The property presents the new owner a great opportunity to remodel the remaining 3 units and increase those rents to the market rent of $1200 (or higher). The property includes 2 parcels on a large .46 acre lot, with room and zoning that allows to build more units if desired. Great access to freeways, and various schools.

Last Agent to Sell the Property

Tim Swanston

North Coast Commercial, Inc. License #01887506 Listed on: 02/01/2019

North Coast Commercial, Inc.

Last Buyer's Agent

TINA MARTIN

REAL ESTATE SOURCE INC. License #01383708

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $64

Year Built

  • Built in 1955

Lot Details

  • 0.46

Home Design

  • Quadruplex

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace

Additional Features

  • 2-Story Property
  • 0.46 Acre Lot

Listing and Financial Details

  • Security Deposit $4,185
  • Tenant pays for rent only
  • Assessor Parcel Number 252-0026-001-0000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Units Leased Month-To-Month
  • Insurance Expense $1,109
  • Operating Expense $14,638

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$64

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1955
  • Architectural Style: Unknown
  • Levels: 0
  • Stories: 2
  • Number of Two Bedroom Units: 4
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: See Remarks
  • Other Equipment: None
  • Flooring: Carpet,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Wood
  • Disclosures/Documents: Rental/Lease Agmts,Structural Pest Control Report
  • Listing Price: 550000.00
  • Patio And Porch Features: Covered Patio,Uncovered Patio
  • Roof: Composition,Flat

Garage/Parking

  • Open Parking Spaces: 4
  • Parking Features: 1 Space Per Unit
  • Total Parking Spaces: 4

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Wall Furnace
  • Utilities Expenses: 5814

Condo/Co-op/Association

  • Association Features: Patios/Balcony,Separate Laundry Facility,Yard Space
  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: R-1A-S
  • Lot Size Acres: 0.4600
  • Lot Size Sq Ft: 20038

Rental Info

  • Tenant Pays: Rent Only
  • Total Deposit: 4185
  • Total # Leasable: 4

Multi Family

  • Gross Income: 42000
  • Operating Expense: 14638
  • Income Includes: Rent Only
  • Insurance Expense: 1109
  • Number of Leased Units: 4
  • Number of Month to Month Units: 4
  • Number of Units: 4
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 252-0026-001-0000

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 24, 2025
Sold by
Dacres Jeron and Dacres Jeron-Ade Emmanuel
Bought by
Dacres Jeron-Ade Emmanuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Outstanding Balance
$45,000
Interest Rate
6.81%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 29, 2021
Sold by
Dacres Jeron and Dacres Jeronade
Bought by
Dacres Jeron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,000
Interest Rate
2.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 26, 2019
Sold by
Dacres Jeronade and Dacres Jeronade E
Bought by
Dacres Jeronade

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,681
Interest Rate
3.7%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 28, 2017
Sold by
Wide Equity Home Remodeling Llc
Bought by
Kidwell Theodore W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,700
Interest Rate
4.23%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 21, 2011
Sold by
Barbic Julia
Bought by
Wide Equity Home Remodeling Llc

Purchase Details

Closed on
Apr 6, 2010
Sold by
Waltman Clint J
Bought by
Wide Equity Home Remodeling Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Interest Rate
4.95%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 19, 2009
Sold by
Wide Equity Home Remodeling Llc
Bought by
Waltman Clint J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.05%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 2, 2009
Sold by
The Bank Of New York
Bought by
Wide Equity Home Remodeling Llc

Purchase Details

Closed on
Sep 4, 2008
Sold by
Prasad Kushma
Bought by
The Bank Of New York

Purchase Details

Closed on
Oct 27, 2004
Sold by
Johnson Michael J and Johnson Karen
Bought by
Prasad Kushma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
5.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 5, 2002
Sold by
Mouras Belton
Bought by
Johnson Michael J and Johnson Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.74%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 15, 1999
Sold by
Valine Robert A
Bought by
Mouras Belton
Source: Public Records

Range of Values:

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Average Value
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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
Dacres Jeron-Ade Emmanuel -- Chicago Title
Dacres Jeron -- First American Title Company
Dacres Jeron -- First American Title Company
Dacres Jeronade -- First American Title Company
Kidwell Theodore W $385,000 Old Republic Title Company
Wide Equity Home Remodeling Llc -- None Available
Wide Equity Home Remodeling Llc -- Old Republic Title Company
Waltman Clint J -- Old Republic Title Company
Wide Equity Home Remodeling Llc $150,000 Old Republic Title Company
The Bank Of New York $250,000 None Available
Prasad Kushma $470,000 North American Title Co
Johnson Michael J $301,000 Fidelity National Title Co
Mouras Belton -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dacres Jeron-Ade Emmanuel $45,000
Previous Owner Dacres Jeron $508,000
Previous Owner Dacres Jeronade $475,681
Previous Owner Dacres Jeronade E $467,500
Previous Owner Kidwell Theodore W $224,700
Previous Owner Wide Equity Home Remodeling Llc $950,000
Previous Owner Waltman Clint J $100,000
Previous Owner Prasad Kushma $376,000
Previous Owner Johnson Michael J $240,000
Closed Johnson Michael J $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2019 05/13/19 Sold $550,000 0.0% $153 / Sq Ft
05/01/2019 05/01/19 Off Market $550,000 -- --
02/26/2019 02/26/19 Pending -- -- --
02/01/2019 02/01/19 For Sale $550,000 -- $153 / 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 $64 $5,576 $5,576 --
2024 $64 $5,467 $5,467 --
2023 $64 $5,360 $5,360 $0
2022 $61 $5,255 $5,255 $0
2021 $61 $5,152 $5,152 $0
2020 $60 $5,100 $5,100 $0
2019 $209 $5,202 $5,202 $0
2018 $202 $5,100 $5,100 $0
2017 $205 $5,543 $5,543 $0
2016 $201 $5,435 $5,435 $0
2015 $194 $5,354 $5,354 $0
2014 $192 $5,250 $5,250 $0
Source: Public Records

Agents Affiliated with this Home

  • Tim Swanston

    Seller's Agent in 2019

    Tim Swanston

    North Coast Commercial, Inc.

    (916) 414-8647

    65 Total Sales

    Tim Swanston
    Section Image

  • T

    Buyer's Agent in 2019

    TINA MARTIN

    Real Estate Source Inc.

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Map

Source: MetroList

MLS Number: 19006577

MetroList

APN: 252-0026-001

California Sacramento County Sacramento 95838 East Del Paso Heights

3941 Pinell St, Sacramento, CA

This home is located at 3941 Pinell St, Sacramento, CA 95838 since 01 February 2019. This property was built in 1955. 3941 Pinell St is a home located in Sacramento County with nearby schools including Michael J. Castori Elementary School, Martin Luther King Jr. Technology Academy, and Grant Union 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.

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