NOT LISTED FOR SALE

Estimated Value: $525,000 - $578,579

4 Beds
2 Baths
1,632 Sq Ft
$341/Sq Ft Est. Value

Last Sold June 01, 2015

Last sale price $275,000 $169 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $3,520/month

10 Days on Market

Highlights

  • Wood Flooring
  • Double Pane Windows
  • 1-Story Property
  • No HOA
  • Central Heating and Cooling System

About This Home

As of June 2015

Duplex walking distance to Sac City College and William Land Park. Both units rented. Great central location, close to downtown and public transportation. Here is your chance to own a wonderful residential income property in the heart of Sacramento.

Last Agent to Sell the Property

Jaclyn Little

Nick Sadek Sotheby's International Realty License #01516485 Listed on: 04/06/2015

Nick Sadek Sotheby's International Realty

Last Buyer's Agent

Keith Klassen

All Inclusive Real Estate Group License #01509214

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,926

Year Built

  • Built in 1957

Lot Details

  • 6,970 Sq Ft Lot

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Double Pane Windows
  • Wood Flooring

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 2 Leased Units

Listing and Financial Details

  • Security Deposit $2,265
  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 018-0042-012-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,926

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1957
  • Stories: 1
  • Number of Two Bedroom Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: See Remarks
  • Flooring: Wood
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Frame,Stucco,Wood
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,None
  • Listing Price: 265000.00
  • Roof: Composition

Garage/Parking

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

Utilities

  • Utilities: Cable Available
  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: Laundry Hook-Up in Units,Public Trans Nearby,Yard Space
  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: RIN
  • Lot Size Acres: 0.1600
  • Lot Size Sq Ft: 6970

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas
  • Total Deposit: 2265

Multi Family

  • Gross Income: 20700
  • Income Includes: Rent Only
  • Number of Leased Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 018-0042-012-0000

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 19, 2021
Sold by
Wright Tyson and Wright Dawn
Bought by
Aronson Morten and Aronson Wendy
Current Estimated Value
$556,395

Purchase Details

Listed on
Apr 6, 2015
Closed on
Apr 10, 2015
Sold by
Malhan Charanjit and Malhan Neelam
Bought by
Wright Tyson and Wright Dawn
Seller's Agent
Jaclyn Little
Nick Sadek Sotheby's International Realty
Buyer's Agent
Keith Klassen
All Inclusive Real Estate Group
List Price
$285,000
Sold Price
$275,000
Premium/Discount to List
-$10,000
-3.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.74%
Original Mortgage
$270,019
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 22, 2014
Sold by
22Nd St Trust 4300
Bought by
Malhan Charanjit and Malhan Neelam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
3.92%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 5, 2010
Sold by
Simpson Michael T
Bought by
22Nd St Trust 4300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
5.21%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 6, 2006
Sold by
Simpson Mike T
Bought by
Simpson Michael T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 31, 2001
Sold by
Rickards Malcolm Kei
Bought by
Simpson Mike T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
7.09%

Purchase Details

Closed on
Jan 20, 1997
Sold by
Anne Rickards Malcolm and Anne Mary
Bought by
Rickards Malcolm Kei
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
Aronson Morten $462,500 Chicago Title Company
Wright Tyson $275,000 Fidelity National Title Co
Malhan Charanjit $180,000 Stewart Title
22Nd St Trust 4300 $117,298 None Available
Simpson Michael T -- Placer Title Company
Simpson Mike T $125,000 Fidelity National Title Co
Rickards Malcolm Kei -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wright Tyson $270,019
Previous Owner Malhan Charanjit $162,000
Previous Owner 22Nd St Trust #4300 $125,000
Previous Owner Simpson Michael T $245,000
Previous Owner Simpson Mike T $156,000
Previous Owner Simpson Mike T $99,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2015 06/01/15 Sold $275,000 -3.5% $169 / Sq Ft
04/16/2015 04/16/15 Pending -- -- --
04/06/2015 04/06/15 For Sale $285,000 -- $175 / 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 $5,926 $490,807 $95,508 $395,299
2024 $5,926 $481,185 $93,636 $387,549
2023 $5,787 $471,750 $91,800 $379,950
2022 $5,689 $462,500 $90,000 $372,500
2021 $3,691 $305,334 $61,065 $244,269
2020 $3,715 $302,204 $60,439 $241,765
2019 $3,636 $296,279 $59,254 $237,025
2018 $3,541 $290,471 $58,093 $232,378
2017 $3,491 $284,776 $56,954 $227,822
2016 $3,360 $279,193 $55,838 $223,355
2015 $1,693 $126,497 $37,589 $88,908
2014 $1,652 $124,020 $36,853 $87,167
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 15021023

MetroList

APN: 018-0042-012