NOT LISTED FOR SALE

Estimated Value: $617,000 - $730,000

4 Beds
2 Baths
1,900 Sq Ft
$368/Sq Ft Est. Value

Last Sold May 09, 2016

Last sale price $405,000 $213 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $4,238/month

7 Days on Market

Highlights

  • Property is near public transit
  • Covered Patio or Porch
  • Central Heating
  • No HOA
  • Double Pane Windows
  • 1-Story Property

About This Home

As of May 2016

Great investment opportunity in beautiful South Land Park or be an owner-occupant. Both sides are spacious 2 bedroom 1 bath units. Fireplaces in living rooms.Real wood flooring in living and bedrooms.Updated dual pane windows includes slider.Large private backyards with covered patio.Walking distance to beautiful Land Park,Zoo,Sac city College and William Land Park golf course. Close to downtown and public transportation

Last Agent to Sell the Property

Andrew Loberg

Andrew Loberg, Broker License #01372218 Listed on: 04/07/2016

Andrew Loberg, Broker

Last Buyer's Agent

Elisha Grow

Coldwell Banker Realty License #01887381

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,893

Year Built

  • Built in 1959

Lot Details

  • 10,454

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Double Pane Windows

Utilities

  • Central Heating
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • 10,454 Sq Ft Lot
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for cable tv electricity
  • Assessor Parcel Number 016-0031-011-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • South Land Park Terrace Subdivision

Building Details

  • 1 Leased Unit
  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,893

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1959
  • Architectural Style: Ranch
  • Stories: 1
  • Subdivision: South Land Park Terrace
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Electric Oven,Dishwasher,Disposal,Electric Cook Top,Free Standing Electric Range
  • Flooring: Laminate,Tile,Wood
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Brick,Stucco,Wood
  • Disclosures/Documents: CC&Rs,Structural Pest Control Report
  • Listing Price: 395000.00
  • Patio And Porch Features: Covered Patio
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Garage,Street

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Utilities: Cable Connected
  • Cooling: Ceiling Fan(s),Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: Public Trans Nearby
  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: R-1
  • Lot Size Acres: 0.2400
  • Lot Size Sq Ft: 10454

Rental Info

  • Tenant Pays: Cable TV,Electricity
  • Total # Leasable: 2

Multi Family

  • Gross Income: 22800
  • Income Includes: Rent Only
  • Existing Lease Type: See Remarks
  • Number of Leased Units: 1
  • Number of Units: 2
  • Number of Vacant Units: 1
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 016-0031-011-0000

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 19, 2021
Sold by
Vaughn Dennis D and Vaughn Tseh Sien
Bought by
Vaughn Dennis D and Vaughn Tseh Sien
Current Estimated Value
$687,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,000
Outstanding Balance
$263,973
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$434,497

Purchase Details

Listed on
Apr 7, 2016
Closed on
May 3, 2016
Sold by
Granucci Mcclenahan Mark Lee and Granucci Mcclenahan Lisa Marie
Bought by
Vaughn Dennis and Vaughn Tseh Sien
Seller's Agent
Andrew Loberg
Andrew Loberg, Broker
Buyer's Agent
Elisha Grow
Coldwell Banker Realty
List Price
$395,000
Sold Price
$405,000
Premium/Discount to List
$10,000
2.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.06%
Original Mortgage
$303,750
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 2010
Sold by
Granucci Mcclenahan Mark Lee and Granucci Mcclenahan Lisa Marie
Bought by
Granucci Mcclenahan Mark Lee and Granucci Mcclenahan Lisa Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,000
Interest Rate
4.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 9, 2005
Sold by
Buel Frederick V and Buel Beverly G
Bought by
Granucci Mcclenahan Mark Lee and Granucci Mcclenahan Lisa Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
6%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 5, 1996
Sold by
Buel Frederick V and Buel Beverly G
Bought by
Buel Frederick V and Buel Beverly G

Purchase Details

Closed on
Jan 25, 1996
Sold by
Buel Frederick V and Buel Beverly G
Bought by
Buel Frederick V and Buel Beverly G

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
7.18%
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
Vaughn Dennis D -- Fidelity National Title Co
Vaughn Dennis $405,000 Old Republic Title Company
Granucci Mcclenahan Mark Lee -- Chicago Title Company
Granucci Mcclenahan Mark Lee -- Chicago Title Company
Granucci Mcclenahan Mark Lee $465,000 Stewart Title Of Sacramento
Buel Frederick V -- --
Buel Frederick V -- Placer Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vaughn Dennis D $293,000
Closed Vaughn Dennis $303,750
Previous Owner Granucci Mcclenahan Mark Lee $97,000
Previous Owner Granucci Mcclenahan Mark Lee $105,000
Previous Owner Buel Frederick V $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2016 05/09/16 Sold $405,000 +2.5% $213 / Sq Ft
04/13/2016 04/13/16 Pending -- -- --
04/06/2016 04/06/16 For Sale $395,000 -- $208 / 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 $5,893 $479,432 $165,728 $313,704
2024 $5,893 $470,032 $162,479 $307,553
2023 $5,749 $460,817 $159,294 $301,523
2022 $5,667 $451,782 $156,171 $295,611
2021 $5,397 $442,924 $153,109 $289,815
2020 $5,434 $438,384 $151,540 $286,844
2019 $5,320 $429,789 $148,569 $281,220
2018 $5,184 $421,362 $145,656 $275,706
2017 $5,109 $413,100 $142,800 $270,300
2016 $4,936 $405,000 $73,202 $331,798
2015 $4,978 $409,334 $67,780 $341,554
2014 $4,808 $397,412 $65,806 $331,606
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 16020445

MetroList

APN: 016-0031-011