NOT LISTED FOR SALE

427 2nd St Galt, CA 95632

Galt Area
7 Beds
4 Baths
2,800 Sq Ft
0.27 Acre Lot

Sale Details

Date Sold: May 10, 2019

Last sale price $1,000,000 $357 Per Sq Ft

7 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • 3-minute walk to Harvey Park
  • Tile Flooring

About This Home

As of May 2019

Must see amazing 7 plex in the heart of Galt. This great income property has 7 large two bedroom and 1 bathroom units. The interior and exterior have both been remodeled with paint, tile floors, new cabinets and countertops. Fully rented will not disappoint. Close to shopping and schools.

Last Agent to Sell the Property

Jason Spence

Century 21 Select Real Estate License #01759959 Listed on: 03/11/2019

Century 21 Select Real Estate

Last Buyer's Agent

Non-MLS Member

Non-MLS Office

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,550

Year Built

  • Built in 1977

Lot Details

  • 11,600 Sq Ft Lot

Parking

  • Open Parking

Home Design

  • Tile Roof

Interior Spaces

  • 1-Story Property
  • Window Treatments
  • Tile Flooring
  • Free-Standing Electric Range

Utilities

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

Listing and Financial Details

  • Tenant pays for cable tv electricity gas rent only
  • Assessor Parcel Number 150-0243-011-0000

Community Details

Overview

  • No Home Owners Association
  • 7 Units

Building Details

  • 7 Leased Units
  • 7 Units Leased Month-To-Month
  • Operating Expense $12,234

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,550

Year Built

Built in 1977

Lot Details

0.27 Acres

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: 5 or More Units
  • Year Built: 1977
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Electric Range
  • Flooring: Tile
  • Window Features: Window Coverings

Exterior Features

  • Construction Materials: Stucco,Wood
  • Disclosures/Documents: Rental/Lease Agmts,None
  • Listing Price: 1000000.00
  • Roof: Tile

Garage/Parking

  • Parking Features: Open

Utilities

  • Utilities: Cable Connected
  • Cooling: Wall Unit(s)
  • Heating: Wall Furnace

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Galt Joint UHS

Lot Info

  • Zoning Description: R2
  • Lot Size Acres: 0.2663
  • Lot Size Sq Ft: 11600

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas,Rent Only
  • Total # Leasable: 7

Multi Family

  • Operating Expense: 12234
  • Income Includes: Coin Operated Equipment,Rent Only
  • Number of Leased Units: 7
  • Number of Month to Month Units: 7
  • Number of Units: 7
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 150-0243-011-0000
  • Current RE Taxes: 6550
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 14, 2023
Sold by
Bought by

Purchase Details

Listed on
Mar 11, 2019
Closed on
Apr 24, 2019
Sold by
Bought by
Seller's Agent
Jason Spence
Century 21 Select Real Estate
Buyer's Agent
Non-MLS Member
Non-MLS Office
List Price
$1,000,000
Sold Price
$1,000,000

Purchase Details

Listed on
Apr 18, 2017
Closed on
Jul 7, 2017
Sold by
Bought by
Seller's Agent
Chuck Starks
Worley Real Estate Inc.
Buyer's Agent
Non-MLS Member
Non-MLS Office
List Price
$675,000
Sold Price
$615,000
Premium/Discount to List
-$60,000
-8.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.43%

Purchase Details

Closed on
Jun 16, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,000
Interest Rate
5.53%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 31, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
6.06%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 13, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,500
Interest Rate
7.11%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Galt, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$1,000,000 Old Republic Title Company
$615,000 Stewart Title Of Sacramento
$420,000 Central Valley Title Company
-- Central Valley Title Company
$235,000 Financial Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $249,000
Previous Owner $272,000
Previous Owner $164,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/10/2019 05/10/19 Sold $1,000,000 0.0% $357 / Sq Ft
03/18/2019 03/18/19 Pending -- -- --
03/11/2019 03/11/19 For Sale $1,000,000 +62.6% $357 / Sq Ft
07/12/2017 07/12/17 Sold $615,000 -8.9% $220 / Sq Ft View Prior Sale
06/01/2017 06/01/17 Pending -- -- --
04/18/2017 04/18/17 For Sale $675,000 -- $241 / Sq Ft
Source: MetroList

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $12,826 $1,137,823 $170,671 $967,152
2025 $12,826 $1,115,514 $167,325 $948,189
2024 $12,276 $1,093,643 $164,045 $929,598
2023 $12,070 $1,072,200 $160,829 $911,371
2022 $11,583 $1,051,177 $157,676 $893,501
2021 $11,597 $1,030,567 $154,585 $875,982
2020 $11,499 $1,020,000 $153,000 $867,000
2019 $7,035 $627,300 $142,800 $484,500
2018 $7,025 $615,000 $140,000 $475,000
2017 $5,866 $524,120 $51,159 $472,961
2016 $5,637 $513,844 $50,156 $463,688
2015 $4,975 $462,611 $53,636 $408,975
2014 $4,401 $402,270 $46,640 $355,630
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 19014758

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