NOT LISTED FOR SALE

Estimated Value: $501,000 - $563,000

6 Beds
4 Baths
2,116 Sq Ft
$254/Sq Ft Est. Value

Last Sold April 30, 2024

Last sale price $495,000 $234 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,231/month

3 Days on Market

Highlights

  • No HOA
  • Fireplace
  • Central Heating and Cooling System
  • Fenced Yard
  • Tile Flooring
  • 2 Car Garage

About This Home

As of April 2024

Investment opportunity! This duplex property offers TWO 3/2 units. Perfect for savvy investors wanting to add to their portfolio or someone wanting to live on one side and rent out the other side. The property location is close to shopping and public transportation, making it a desirable rental option for tenants. Please do not disturb tenants.

Last Agent to Sell the Property

Dawn Harrigan

HomeSmart ICARE Realty License #01863690 Listed on: 03/25/2024

HomeSmart ICARE Realty

Last Buyer's Agent

Dawn Harrigan

HomeSmart ICARE Realty License #01863690 Listed on: 03/25/2024

HomeSmart ICARE Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,468

Year Built

  • Built in 1979

Lot Details

  • 6,525 Sq Ft Lot
  • Fenced Yard

Parking

  • 2 Car Garage

Home Design

  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 2,116 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Washer and Dryer Hookup

Kitchen

  • Free-Standing Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Home Security

Utilities

  • Central Heating and Cooling System
  • Property is located within a water district
  • Water Heater

Listing and Financial Details

  • Tenant pays for sewer, trash collection, water
  • Assessor Parcel Number 228-0570-017-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Madison Knolls Subdivision

Building Details

  • 2 Units Leased Month-To-Month
  • Net Lease

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,468

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Subtype Description: Townhouses
  • Property Subtype 1: Duplex
  • Year Built: 1979
  • Levels: One
  • Stories: 1
  • Subdivision: MADISON KNOLLS
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Free Standing Electric Range
  • Flooring: Carpet, Tile
  • Price Per Square Foot: 233.93
  • Square Footage: 2116.00

Exterior Features

  • Construction Materials: Wood
  • Disclosures/Documents: Preliminary Title Report, Estoppel Certificate, Natural Hazard Disclosure Available
  • Exterior Features: Fenced Yard
  • Foundation: Slab
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 499000.00
  • Lot Features: Sidewalk
  • New Construction: No
  • Pool: No
  • Property Condition: Varies by Unit
  • Roof: Shingle
  • Spa: No
  • Topography: LevelLevel

Garage/Parking

  • Garage Spaces: 2.00
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Security: Carbon Mon Detector, Double Strapped Water Heater, Smoke Detector
  • Sewer: Sewer Connected
  • Utilities: City
  • Cooling: Central
  • Heating: Central, Fireplace(s)
  • Laundry Features: Washer/Dryer Hookups
  • Water Source: Water District, Meter on Site

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: None
  • Lot Size Acres: 0.1498
  • Lot Size Sq Ft: 6525.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Sewer, Trash Collection, Water, See Remarks
  • Lease Expiration Date: 1800-01-011800-01-01
  • Lease Type: Net

Multi Family

  • Income Includes: ["Rent Only"]
  • Existing Lease Type: See Remarks, Other
  • Number of Month to Month Units: 2
  • Number of Units: 2
  • Units Furnished: None
  • Three Bedroom Annual Occupancy: 100
  • Number Of3 Bedrooms Occupied: 2

Tax Info

  • Assessor Parcel Number: 228-0570-017-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 4, 2024
Sold by
Reddy Billa Sreedhar and Prasad Vuppalapu Prasad
Bought by
Ugadi22 Llc
Current Estimated Value
$522,899

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Outstanding Balance
$484,237
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$52,188

Purchase Details

Listed on
Mar 25, 2024
Closed on
Apr 26, 2024
Sold by
Rondla Nikitha
Bought by
Billa Sreedhar Reddy
Seller's Agent
Dawn Harrigan
HomeSmart ICARE Realty
Buyer's Agent
Dawn Harrigan
HomeSmart ICARE Realty
List Price
$499,000
Sold Price
$495,000
Premium/Discount to List
-$4,000
-0.8%
Views
19

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.53%
Original Mortgage
$346,500
Interest Rate
6.74%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 25, 2024
Closed on
Apr 15, 2024
Sold by
Peng Family Trust and Peng William Curtis
Bought by
Yipeng Family Trust and Peng
Seller's Agent
Dawn Harrigan
HomeSmart ICARE Realty
Buyer's Agent
Dawn Harrigan
HomeSmart ICARE Realty
List Price
$499,000
Sold Price
$495,000
Premium/Discount to List
-$4,000
-0.8%
Views
19

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,500
Interest Rate
6.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 2004
Sold by
Peng Chi Mei and Peng Katsuko
Bought by
Peng Chi Mei and Peng Katsuko

Purchase Details

Closed on
Apr 24, 1995
Sold by
Sekhon Chhaminder and Sekhon Narinder K
Bought by
Peng Chi Mei and Peng Katsuko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,400
Interest Rate
8.47%
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
Ugadi22 Llc -- Old Republic Title Company
Billa Sreedhar Reddy -- Fidelity National Title Compan
Vuppalapu Prasad -- Fidelity National Title Compan
Billa Sreedhar Reddy $495,000 Fidelity National Title Compan
Reddy Billa Sreedhar -- Fidelity National Title Compan
Yipeng Family Trust -- None Listed On Document
Peng Chi Mei -- --
Peng Chi Mei $93,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ugadi22 Llc $487,500
Previous Owner Reddy Billa Sreedhar $346,500
Previous Owner Reddy Billa Sreedhar $0
Previous Owner Peng Chi Mei $74,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2024 04/30/24 Sold $495,000 -0.8% $234 / Sq Ft
03/28/2024 03/28/24 Pending -- -- --
03/25/2024 03/25/24 For Sale $499,000 -- $236 / 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 $5,468 $525,000 $145,000 $380,000
2024 $5,468 $475,000 $140,000 $335,000
2023 $1,798 $150,116 $48,419 $101,697
2022 $1,694 $147,173 $47,470 $99,703
2021 $1,689 $144,289 $46,540 $97,749
2020 $1,675 $142,810 $46,063 $96,747
2019 $1,653 $140,010 $45,160 $94,850
2018 $1,572 $137,266 $44,275 $92,991
2017 $1,612 $134,575 $43,407 $91,168
2016 $1,612 $131,937 $42,556 $89,381
2015 $1,516 $129,956 $41,917 $88,039
2014 $1,546 $127,411 $41,096 $86,315
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 224027336

MetroList

APN: 228-0570-017