NOT LISTED FOR SALE

Estimated Value: $846,000 - $941,000

8 Beds
4 Baths
3,548 Sq Ft
$255/Sq Ft Est. Value

Last Sold November 20, 2023

Last sale price $900,000 $254 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $5,423/month

34 Days on Market

Highlights

  • 0.47 Acre Lot
  • No HOA
  • 4 Car Attached Garage
  • Winston Churchill Middle School Rated A-
  • Fenced Yard
  • Double Pane Windows

About This Home

As of November 2023

Excellent investment property in Carmichael with two duplexes on one lot. Each unit has 2 bedrooms, one bathroom, living room, dining in kitchen. Dualp ane windows and central heat and air. Kitchen has tile counters, dishwahser, electric range.Each unit has private laundry in one car garage. Both off street and street parking. Back 2 units have huge backyards that may provide space for additional units. Front units have small patios. Lots of upside on these well maintain units.

Last Agent to Sell the Property

Kelli Foley

Trillium Real Estate License #01246994 Listed on: 09/19/2023

Last Buyer's Agent

Michael Zohrab

Windermere Signature Properties Sierra Oaks License #01060264

Windermere Signature Properties Sierra Oaks

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 0.47 Acre Lot
  • Fenced Yard

Parking

  • 4 Car Attached Garage
  • 4 Open Parking Spaces
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Quadruplex
  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows

Kitchen

  • Free-Standing Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Linoleum

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • 220 Volts
  • Natural Gas Connected
  • Property is located within a water district
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 230-0162-023-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Additional Features

  • Laundry Facilities
  • 4 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Parking

4

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Apartments
  • Property Subtype 1: Quadruplex
  • Stories: 1
  • Year Built: 1960
  • Architectural Style: Ranch
  • Levels: One
  • Stories: 1
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Refrigerator, Gas Water Heater, Dishwasher, Disposal, Varies By Unit, Free Standing Electric Range
  • Flooring: Carpet, Linoleum
  • Price Per Square Foot: 225.00
  • Window Features: Dual Pane Full, Dual Pane Partial, Varies by Unit

Exterior Features

  • Construction Materials: Stucco, Frame
  • Exterior Features: Fenced Yard, Yard Space
  • Foundation: Slab
  • Frontage Type: Varies by Unit
  • Listing Price: 1100000.00
  • Lot Features: Curbs/Gutters
  • Patio And Porch Features: Uncovered Patio, Varies by Unit
  • Property Condition: Varies by Unit
  • Roof: Composition
  • Topography: Level,Trees Few

Garage/Parking

  • Open Parking Spaces: 4.00
  • Garage Spaces: 4.00
  • Parking Features: Attached, Off Street, Street, Garage, Uncovered
  • Total Parking Spaces: 8.00
  • Tandem Parking Spaces: 4

Utilities

  • Security: Carbon Mon Detector, Double Strapped Water Heater, Smoke Detector, Varies By Unit
  • Sewer: In & Connected
  • Utilities: Cable Available, Natural Gas Connected, Electric
  • Cooling: Ceiling Fan(s), Central, Varies by Unit
  • Electric: 220 Volts
  • Heating: Central, Natural Gas
  • Laundry Features: Washer/Dryer Owned, In Each Unit, Varies by Unit, Washer/Dryer Hookups
  • Water Source: Water District
  • Separate Meters: Electricity,Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: San Juan Unified

Lot Info

  • Zoning Description: RD5
  • Irrigation: Public District
  • Lot Size Acres: 0.4727
  • Lot Size Sq Ft: 20591.00
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Income Includes: Rent Only
  • Number of Month to Month Units: 4
  • Number of Units: 4
  • Units Furnished: None
  • Two Bedrooms Occupied: 4
  • Two Bedroom Rent Range: 1100-1200

Tax Info

  • Assessor Parcel Number: 230-0162-023-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2023
Closed on
Nov 15, 2023
Sold by
Lylis June Stephenson Revocable Trust
Bought by
Mehrizi Properties Llc
Seller's Agent
Kelli Foley
Trillium Real Estate
Buyer's Agent
Michael Zohrab
Windermere Signature Properties Sierra Oaks
List Price
$1,100,000
Sold Price
$900,000
Premium/Discount to List
-$200,000
-18.18%
Views
39
Current Estimated Value
$864,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$35,376
Avg. Annual Appreciation
0.16%

Purchase Details

Closed on
Mar 20, 2017
Sold by
Stephenson Lylis J
Bought by
Stepheson Lylis June and Lylis June Stepheson Revocable

Purchase Details

Closed on
Apr 15, 2013
Sold by
Friberg Cutter Sue Ann and Cutter James Brooke
Bought by
Stephenson Lylis J and Lylis J Stephenson Family Trus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
3.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 1994
Sold by
Stephenson Lylis J
Bought by
Stephenson Lylis J and Lylis J Stephenson Family Trus
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
Mehrizi Properties Llc $900,000 First American Title
Stepheson Lylis June -- None Available
Stephenson Lylis J -- None Available
Stephenson Lylis J -- Placer Title Company
Stephenson Lylis J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stephenson Lylis J $260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2023 11/20/23 Sold $900,000 -18.2% $254 / Sq Ft
10/23/2023 10/23/23 Pending -- -- --
10/04/2023 10/04/23 For Sale $1,100,000 0.0% $310 / Sq Ft
09/30/2023 09/30/23 Pending -- -- --
09/19/2023 09/19/23 For Sale $1,100,000 -- $310 / 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 $10,813 $918,000 $153,000 $765,000
2024 $10,813 $900,000 $150,000 $750,000
2023 $3,674 $306,761 $101,291 $205,470
2022 $3,655 $300,747 $99,305 $201,442
2021 $3,595 $294,851 $97,358 $197,493
2020 $3,528 $291,828 $96,360 $195,468
2019 $3,457 $286,107 $94,471 $191,636
2018 $3,417 $280,498 $92,619 $187,879
2017 $3,384 $274,999 $90,803 $184,196
2016 $3,161 $269,608 $89,023 $180,585
2015 $5,778 $265,559 $87,686 $177,873
2014 $3,042 $265,194 $85,548 $179,646
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 223091533

MetroList

APN: 230-0162-023