NOT LISTED FOR SALE

Estimated Value: $449,220 - $547,000

4 Beds
2 Baths
1,412 Sq Ft
$359/Sq Ft Est. Value

Last Sold October 01, 2020

Last sale price $410,000 $290 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,109/month

6 Days on Market

Highlights

  • Contemporary Architecture
  • Double Pane Windows
  • 1-Story Property
  • No HOA

About This Home

As of October 2020

Rare investment opportunity in North City Farms neighborhood! Lovely corner duplex with 2 bedrooms and 1 bath on each side (702 sqft).Each unit has its own private detached garage, laundry hookups and separated backyards. The rents are currently $1325 and $1025 per month. Average median rents for 2 bed/1 bath are $1200-1350 per month for the area. One unit has a long term tenant and the other is still under the initial 1 yr lease. Perfect location close to transportation, new Crocker Village Shopping Center, Track 7 Brewery, El Novillero, Sac City College within a mile and easy access to Hwy 99 and I5.

Last Agent to Sell the Property

Christina Ellermeyer

Coldwell Banker Realty License #01714452 Listed on: 08/26/2020

Coldwell Banker Realty

Last Buyer's Agent

Christina Ellermeyer

Coldwell Banker Realty License #01714452 Listed on: 08/26/2020

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,324

Year Built

  • Built in 1951

Lot Details

  • 5,227 Sq Ft Lot

Parking

  • 2 Car Garage
  • 1 Parking Space Included

Home Design

  • Duplex
  • Contemporary Architecture
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Double Pane Windows
  • Free-Standing Gas Range

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $2,475
  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 019-0063-011-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • Net Operating Income $15,188

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,324

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1951
  • Architectural Style: Contemporary
  • Stories: 1
  • Number of Two Bedroom Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Range
  • Flooring: Carpet,Linoleum/Vinyl
  • Window Features: Dual Pane Partial

Exterior Features

  • Construction Materials: Brick Veneer,Frame,Stucco,Wood
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,None
  • Foundation: Raised
  • Listing Price: 389000.00
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 2
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Garage,1+ Space Per Unit

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Cooling: Wall Unit(s)
  • Heating: Wall Furnace
  • Water Source: Public

Condo/Co-op/Association

  • Association Features: Public Trans Nearby,Separate Laundry Facility,Yard Space
  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: R1
  • Lot Size Acres: 0.1200
  • Lot Size Sq Ft: 5227

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas
  • Total Deposit: 2475

Multi Family

  • Gross Income: 17687
  • Income Includes: Rent Only
  • Number of Leased Units: 2
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 019-0063-011-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2020
Closed on
Sep 25, 2020
Sold by
Jones Evan Groefsema and Jones Kate Corrine
Bought by
Sawhney Manika and Popli Sumit K
Seller's Agent
Christina Ellermeyer
Coldwell Banker Realty
Buyer's Agent
Christina Ellermeyer
Coldwell Banker Realty
List Price
$389,000
Sold Price
$410,000
Premium/Discount to List
$21,000
5.4%
Current Estimated Value
$506,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,805
Avg. Annual Appreciation
4.27%
Original Mortgage
$270,000
Outstanding Balance
$240,151
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$266,654

Purchase Details

Listed on
Mar 6, 2017
Closed on
Mar 29, 2017
Sold by
Takle Awet and Tekie Tibletse
Bought by
Jones Evan Groefsema and Jones Kate Corrine
Seller's Agent
Patrick Schank
Cook Realty
Buyer's Agent
Christina Ellermeyer
Coldwell Banker Realty
List Price
$222,000
Sold Price
$250,000
Premium/Discount to List
$28,000
12.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.14%

Purchase Details

Closed on
Mar 30, 2004
Sold by
Vanrooyen Robert and Marston Vanrooyen Lisa
Bought by
Tekie Awet and Tekie Tibletse

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,750
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 26, 2002
Sold by
Kim Philip Y and Kim Kimberly S
Bought by
Vanrooyen Robert and Marston Vanrooyen Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,950
Interest Rate
6.28%

Purchase Details

Closed on
Sep 13, 2001
Sold by
Peterson Ronald R and Peterson Marilou
Bought by
Kim Philip Y and Kim Kimberly S
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
Sawhney Manika $410,000 Cornerstone Title Company
Jones Evan Groefsema $250,000 Placer Title Company
Tekie Awet $285,000 Chicago Title Co
Vanrooyen Robert $197,000 First American Title Company
Kim Philip Y $83,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sawhney Manika $270,000
Previous Owner Tekie Awet $270,750
Previous Owner Vanrooyen Robert $171,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/01/2020 10/01/20 Sold $410,000 +5.4% $290 / Sq Ft
09/01/2020 09/01/20 Pending -- -- --
08/26/2020 08/26/20 For Sale $389,000 +55.6% $275 / Sq Ft
03/30/2017 03/30/17 Sold $250,000 +12.6% $177 / Sq Ft View Prior Sale
03/15/2017 03/15/17 Pending -- -- --
02/21/2017 02/21/17 For Sale $222,000 -- $157 / 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 $5,324 $443,795 $108,242 $335,553
2024 $5,324 $435,094 $106,120 $328,974
2023 $5,199 $426,564 $104,040 $322,524
2022 $5,110 $418,200 $102,000 $316,200
2021 $4,869 $410,000 $100,000 $310,000
2020 $3,307 $265,301 $90,202 $175,099
2019 $3,238 $260,100 $88,434 $171,666
2018 $3,162 $255,000 $86,700 $168,300
2017 $3,117 $250,000 $44,020 $205,980
2016 $2,261 $181,520 $40,760 $140,760
2015 $2,069 $165,019 $37,055 $127,964
2014 $1,947 $155,679 $34,958 $120,721
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 20050673

MetroList

APN: 019-0063-011