NOT LISTED FOR SALE

441 Morrison Ave Sacramento, CA 95838

West Del Paso Heights Neighborhood

Estimated Value: $548,000 - $682,000

8 Beds
4 Baths
2,748 Sq Ft
$225/Sq Ft Est. Value

Last Sold August 24, 2018

Last sale price $399,000 $145 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $3,655/month

4 Days on Market

Highlights

  • A-Frame Home
  • Furnished
  • No HOA

About This Home

As of August 2018

Fully rented fourplex all 2 bed / 1 bath. These units are furnished, rented by the room ($870/apt average, $435 per bedroom) near public transportation, walk to Dollar General and very close to I-80. Rents are very low for the area - big upside potential on a low maintenance property.

Last Agent to Sell the Property

Gregory Coltrin

Coltrin Real Estate License #01325243 Listed on: 06/12/2018

Last Buyer's Agent

Mark Andren

Mark Thomas Andren, Broker License #01139092

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,230

Year Built

  • Built in 1963

Lot Details

  • 5,663 Sq Ft Lot

Home Design

  • Quadruplex
  • A-Frame Home
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Furnished
  • Window Treatments
  • Leased Washer and Dryer

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • 1 Parking Space Included

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace

Listing and Financial Details

  • Security Deposit $1,600
  • Tenant pays for cable tv electricity
  • Assessor Parcel Number 250-0061-023-0000

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Masters Subdivision

Building Details

  • 4 Leased Units
  • 4 Units Leased Month-To-Month
  • Insurance Expense $772
  • Operating Expense $17,077

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,230

Year Built

Built in 1963

Lot Details

5,663 Sq Ft Lot

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1963
  • Architectural Style: A-Frame
  • Stories: 2
  • Subdivision: Masters
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Varies By Unit
  • Other Equipment: Varies by Unit
  • Flooring: Varies by Unit
  • Window Features: Window Coverings

Exterior Features

  • Construction Materials: Frame,Stucco
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,None
  • Listing Price: 409000.00
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 4
  • Parking Features: 1 Space Per Unit
  • Total Parking Spaces: 4

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Cooling: Wall Unit(s)
  • Heating: Wall Furnace
  • Laundry Features: Washer/Dryer Leased

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Twin Rivers Unified

Lot Info

  • Zoning Description: M-1-Li
  • Lot Size Acres: 0.1300
  • Lot Size Sq Ft: 5663

Rental Info

  • Tenant Pays: Cable TV,Electricity
  • Total Deposit: 1600
  • Total # Leasable: 4

Multi Family

  • Operating Expense: 17077
  • Income Includes: Coin Operated Equipment,Rent Only
  • Insurance Expense: 772
  • Number of Leased Units: 4
  • Number of Month to Month Units: 4
  • Number of Units: 4
  • Units Furnished: All Units

Tax Info

  • Assessor Parcel Number: 250-0061-023-0000
  • Current RE Taxes: 2230

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2018
Closed on
Aug 17, 2018
Sold by
Coltrin Richard and Fish Ranch Trust
Bought by
Dennis Daniel
Seller's Agent
Gregory Coltrin
Coltrin Real Estate
Buyer's Agent
Mark Andren
Mark Thomas Andren, Broker
List Price
$409,000
Sold Price
$399,000
Premium/Discount to List
-$10,000
-2.44%
Current Estimated Value
$619,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,240
Avg. Annual Appreciation
6.00%
Original Mortgage
$280,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 1, 2001
Sold by
Saeparn Joe
Bought by
Saeparn Ying

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.13%

Purchase Details

Closed on
Jan 31, 2001
Sold by
Hunt Thomas A
Bought by
Saeparn Ying

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.13%

Purchase Details

Closed on
Jun 3, 1997
Sold by
Giary Thoai Le
Bought by
Hicks Phuong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,401
Interest Rate
8.08%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 2, 1997
Sold by
Hud
Bought by
Hicks Phuong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,401
Interest Rate
8.08%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 17, 1996
Sold by
Federal National Mortgage Association
Bought by
Hud
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dennis Daniel $400,000 Orange Coast Title Company O
Saeparn Ying -- Stewart Title
Saeparn Ying $100,000 Stewart Title
Hicks Phuong -- Stewart Title
Hicks Phuong $85,000 Stewart Title
Hud -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dennis Daniel $280,000
Previous Owner Dennis Daniel $279,300
Previous Owner Saeparn Ying $80,000
Previous Owner Hicks Phuong $86,401
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2018 08/24/18 Sold $399,000 -2.4% $145 / Sq Ft
06/16/2018 06/16/18 Pending -- -- --
06/12/2018 06/12/18 For Sale $409,000 -- $149 / Sq Ft
Source: MetroList

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 $5,693 $445,086 $122,704 $322,382
2024 $5,693 $436,360 $120,299 $316,061
2023 $5,713 $427,805 $117,941 $309,864
2022 $5,400 $419,418 $115,629 $303,789
2021 $5,372 $411,195 $113,362 $297,833
2020 $5,315 $406,980 $112,200 $294,780
2019 $5,246 $399,000 $119,700 $279,300
2018 $2,271 $147,472 $44,239 $103,233
2017 $2,303 $144,581 $43,372 $101,209
2016 $2,226 $141,747 $42,522 $99,225
2015 $2,112 $139,619 $41,884 $97,735
2014 $2,145 $136,885 $41,064 $95,821
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2018

    Gregory Coltrin

    Coltrin Real Estate

  • M

    Buyer's Agent in 2018

    Mark Andren

    Mark Thomas Andren, Broker

  • Mark Andrade

    Buyer's Agent in 2018

    Mark Andrade

    MAE Capital Real Estate and Loan

    (916) 698-5626

    13 Total Sales

    Mark Andrade
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Map

Source: MetroList

MLS Number: 18039250

MetroList

APN: 250-0061-023

California Sacramento County Sacramento 95838 West Del Paso Heights

441 Morrison Ave, Sacramento, CA

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MetroList IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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