NOT LISTED FOR SALE

Estimated Value: $878,707 - $974,000

4 Beds
4 Baths
2,180 Sq Ft
$428/Sq Ft Est. Value

Last Sold August 11, 2017

Last sale price $645,000 $296 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $5,616/month

7 Days on Market

Highlights

  • No HOA
  • Covered Deck
  • 2-minute walk to Grant Park
  • Miwok Middle School Rated A-
  • Floor Furnace

About This Home

As of August 2017

Fantastic opportunity!!! Well maintained property in great location- quiet tree lined street, private off street parking and only 1.5 miles to Golden One Center! Walk or quick Uber to the vibrant night life in downtown Sac, hospital facilities and one block to nice park. Good tenants with short term leases provides financial flexibility.

Last Agent to Sell the Property

Steve French

Foothill Real Estate License #00998849 Listed on: 06/28/2017

Last Buyer's Agent

Ted Russert

RE/MAX Gold Midtown License #01221064

RE/MAX Gold Midtown

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,823

Lot Details

  • 4,356

Parking

  • 1 Parking Space Included

Home Design

  • Quadruplex
  • Composition Roof

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Floor Furnace

Additional Features

  • 2-Story Property
  • Covered Deck
  • 4,356 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for cable tv electricity
  • Assessor Parcel Number 003-0133-002-0000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 2 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,823

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Stories: 2
  • Year Built Details: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Construction Materials: Stucco,Wood
  • Disclosures/Documents: Natural Hazard Disclosure Available,Rental/Lease Agmts
  • Listing Price: 650000.00
  • Patio And Porch Features: Covered Deck
  • Roof: Composition

Garage/Parking

  • Parking Features: 1 Space Per Unit

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Floor Furnace

Condo/Co-op/Association

  • Association Features: See Remarks
  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: R-1B
  • Lot Size Acres: 0.1000
  • Lot Size Sq Ft: 4356

Rental Info

  • Tenant Pays: Cable TV,Electricity
  • Total # Leasable: 4

Multi Family

  • Income Includes: Rent Only
  • Number of Leased Units: 4
  • Number of Month to Month Units: 2
  • Number of Units: 4
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 003-0133-002-0000

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 20, 2021
Sold by
Kornblum Jesse D and Kornblum Erin Michelle
Bought by
Kornblum Jesse Dan and Compton Erin Michelle
Current Estimated Value
$932,677

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$494,975
Outstanding Balance
$440,754
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$491,923

Purchase Details

Closed on
Jan 19, 2021
Sold by
Compton And Kornblum Revocable Living Tr and Kornblum Jesse Dan
Bought by
Kornblum Jesse D and Compton Erin Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$494,975
Outstanding Balance
$440,754
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$491,923

Purchase Details

Closed on
Dec 15, 2018
Sold by
Kornblum Jesse Dan and Compton Erin Michelle
Bought by
Kornblum Jesse Dan and Compton Erin Michelle

Purchase Details

Listed on
Jun 28, 2017
Closed on
Aug 3, 2017
Sold by
22Nd Street Venture
Bought by
Kornblum Jesse Dan and Compton Erin Michelle
Seller's Agent
Steve French
Foothill Real Estate
Buyer's Agent
Ted Russert
RE/MAX Gold Midtown
List Price
$650,000
Sold Price
$645,000
Premium/Discount to List
-$5,000
-0.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.58%
Original Mortgage
$516,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 18, 1996
Sold by
Knadler Howard C and Laturner Gail O
Bought by
22Nd Street Venture
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Kornblum Jesse Dan -- Accommodation
Compton And Kornblum Revocable Living Trust -- Accommodation/Courtesy Recordi
Kornblum Jesse D -- Cornerstone Title
Kornblum Jesse D -- Cornerstone Title
Kornblum Jesse Dan -- None Available
Kornblum Jesse Dan $645,000 Fidelity National Title Comp
22Nd Street Venture -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kornblum Jesse D $494,975
Closed Kornblum Jesse D $494,975
Previous Owner Kornblum Jesse Dan $516,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/11/2017 08/11/17 Sold $645,000 -0.8% $296 / Sq Ft
07/05/2017 07/05/17 Pending -- -- --
06/28/2017 06/28/17 For Sale $650,000 -- $298 / 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 $8,823 $733,895 $220,168 $513,727
2024 $8,823 $719,505 $215,851 $503,654
2023 $8,615 $705,398 $211,619 $493,779
2022 $8,470 $691,568 $207,470 $484,098
2021 $8,072 $678,008 $203,402 $474,606
2020 $8,136 $671,057 $201,317 $469,740
2019 $7,964 $657,900 $197,370 $460,530
2018 $7,757 $645,000 $193,500 $451,500
2017 $3,382 $256,782 $55,469 $201,313
2016 $3,334 $251,748 $54,382 $197,366
2015 $3,286 $247,968 $53,566 $194,402
2014 $3,208 $243,111 $52,517 $190,594
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 17040525

MetroList

APN: 003-0133-002