NOT LISTED FOR SALE

Estimated Value: $963,000 - $1,346,713

4 Beds
4 Baths
2,600 Sq Ft
$416/Sq Ft Est. Value

Last Sold April 02, 2019

Last sale price $750,000 $288 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $6,668/month

15 Days on Market

Highlights

  • Contemporary Architecture
  • No HOA
  • Central Heating
  • Miwok Middle School Rated A-
  • Covered Patio or Porch
  • 2 Car Garage

About This Home

As of April 2019

Rare find in sought after East Sacramento. Located on a corner location in the Reese Villa subdivision on a sweet street. This Duplex is surrounded by single family residences. Newer roof. Unit 426 has a new A/C. Unit 424 has been updated with fresh paint and new carpet. Open floor plan with fireplace in the living room & formal dining area in both units. Covered patios.

Last Agent to Sell the Property

Sandy Tracy

Sandy Tracy Real Estate Services License #00748348 Listed on: 02/06/2019

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

  • $1,608

Year Built

  • Built in 1959

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions: 50

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Contemporary Architecture
  • Composition Roof

Additional Features

  • 2-Story Property
  • Covered Patio or Porch
  • Central Heating

Listing and Financial Details

  • Security Deposit $4,150
  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 004-0194-029-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Reese Villa Subdivision

Building Details

  • 2 Leased Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,608

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1959
  • Architectural Style: Contemporary
  • Stories: 2
  • Subdivision: Reese Villa
  • Number of Two Bedroom Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher,Disposal,Double Oven,Electric Cook Top,Free Standing Refrigerator
  • Other Equipment: Varies by Unit
  • Flooring: Carpet,Laminate,Tile,Varies by Unit,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Brick Veneer,Frame,Stucco
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,See Remarks
  • Listing Price: 750000.00
  • Patio And Porch Features: Covered Patio
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Cooling: Ceiling Fan(s),Central
  • Heating: Central
  • Laundry Features: Washer/Dryer Owned,Washer/Dryer

Condo/Co-op/Association

  • Association Features: Varies By Unit
  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: R-1
  • Lot Size Acres: 0.1400
  • Lot Dimensions: 50 X 128
  • Lot Size Sq Ft: 6098

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas
  • Total Deposit: 4150

Multi Family

  • Gross Income: 28200
  • Income Includes: See Remarks
  • Number of Leased Units: 2
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 004-0194-029-0000
  • Current RE Taxes: 1608

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 25, 2019
Sold by
Grannis Michael Charles and Grannis Kimberly Ann
Bought by
Grannis Michael Charles and Grannis Kimberly Ann
Current Estimated Value
$1,082,428

Purchase Details

Listed on
Feb 6, 2019
Closed on
Mar 20, 2019
Sold by
Yeargin Sharon and Vivian Buletti Trust
Bought by
Grannis Michael Charles and Grannis Kimberly Ann
Seller's Agent
Sandy Tracy
Sandy Tracy Real Estate Services
Buyer's Agent
Ted Russert
RE/MAX Gold Midtown
List Price
$750,000
Sold Price
$750,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.02%
Original Mortgage
$674,992
Outstanding Balance
$587,933
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$503,995

Purchase Details

Closed on
Jul 25, 2016
Sold by
Buletti Vivian
Bought by
Buletti Vivian and Vivian Buletti Trust
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
Grannis Michael Charles -- None Available
Grannis Michael Charles $750,000 Placer Title Company
Buletti Vivian -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grannis Michael Charles $674,992
Previous Owner Buletti Vivian $25,000
Previous Owner Buletti Vivian $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2019 04/02/19 Sold $750,000 0.0% $288 / Sq Ft
02/21/2019 02/21/19 Pending -- -- --
02/06/2019 02/06/19 For Sale $750,000 -- $288 / 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 $9,787 $836,634 $362,541 $474,093
2024 $9,787 $820,231 $355,433 $464,798
2023 $9,557 $804,149 $348,464 $455,685
2022 $9,397 $788,382 $341,632 $446,750
2021 $8,950 $772,925 $334,934 $437,991
2020 $8,948 $765,000 $331,500 $433,500
2019 $8,551 $725,000 $325,000 $400,000
2018 $1,608 $122,766 $23,511 $99,255
2017 $1,583 $120,359 $23,050 $97,309
2016 $1,559 $118,000 $22,599 $95,401
2015 $1,535 $116,228 $22,260 $93,968
2014 $1,498 $113,963 $21,830 $92,133
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 19007656

MetroList

APN: 004-0194-029