NOT LISTED FOR SALE

Estimated Value: $490,531 - $543,000

4 Beds
2 Baths
1,908 Sq Ft
$270/Sq Ft Est. Value

Last Sold September 09, 2016

Last sale price $289,900 $152 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $3,120/month

21 Days on Market

Highlights

  • No HOA
  • 2 Car Garage
  • 1-Story Property
  • Central Heating and Cooling System

About This Home

As of September 2016

Fabulous investment opportunity in Madison Manor subdivision! Two rentals under one roof (one loan payment, one insurance premium, one tax bill, TWO SOURCES OF REVENUE). Both units remodeled with excellent long time tenants. Newer roof, HVAC, water heaters. Tenants value this clean property and perfect location. Close to schools, restaurants, entertainment, public transportation. Must see to appreciate!

Last Agent to Sell the Property

Chris Cullen

Cullen Realty License #01455042 Listed on: 08/18/2016

Last Buyer's Agent

Teresa Guerrero

Berkshire Hathaway Home Services Elite Real Estate License #01758967

Berkshire Hathaway Home Services Elite Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,830

Year Built

  • Built in 1983

Lot Details

  • 6,294

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Composition Roof

Additional Features

  • 1-Story Property
  • 6,294 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 228-0354-001-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,830

Year Built

Built in 1983

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1983
  • Architectural Style: Ranch
  • Stories: 1
  • Number of Two Bedroom Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2010

Interior Features

  • Appliances: Built-In Electric Range,Free Standing Refrigerator
  • Flooring: Carpet,Laminate
  • Window Features: Dual Pane Full,Window Coverings

Exterior Features

  • Construction Materials: Wood
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,None
  • Listing Price: 289900.00
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Utilities: Cable Connected,Internet Available
  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: Yard Space
  • Association: No

Schools

  • Senior High School District: Twin Rivers Unified

Lot Info

  • Zoning Description: RD10
  • Lot Size Acres: 0.1445
  • Lot Size Sq Ft: 6294

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas
  • Total # Leasable: 2

Multi Family

  • Gross Income: 21000
  • Income Includes: Rent Only
  • Number of Leased Units: 2
  • Number of Month to Month Units: 2
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 228-0354-001-0000

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2016
Closed on
Oct 26, 2016
Sold by
Richman Stephanie and Bertelson Michelle
Bought by
Mendez Lizbeth and Rocha Brunilda
Seller's Agent
Chris Cullen
Cullen Realty
Buyer's Agent
Teresa Guerrero
Berkshire Hathaway Home Services Elite Real Estate
List Price
$299,000
Sold Price
$289,900
Premium/Discount to List
-$9,100
-3.04%
Current Estimated Value
$515,133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$225,233
Avg. Annual Appreciation
6.44%
Original Mortgage
$284,648
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 9, 2010
Sold by
Takuma Fumi and Fumi Takuma Living Trust
Bought by
Richman Stephanie N and Bertelson Michelle A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,960
Interest Rate
5.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 1999
Sold by
Takuma Fumi
Bought by
Takuma Fumi and Fumi Takuma Living 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
Mendez Lizbeth $290,000 Fidelity National Title Comp
Richman Stephanie N $180,000 Placer Title Company
Takuma Fumi -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mendez Lizbeth $330,500
Closed Mendez Lizbeth $330,500
Closed Mendez Lizbeth $284,648
Previous Owner Richman Stephanie N $134,960
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2016 09/09/16 Sold $289,900 -3.0% $152 / Sq Ft
09/08/2016 09/08/16 Pending -- -- --
08/18/2016 08/18/16 For Sale $299,000 -- $157 / 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 $3,830 $336,446 $63,829 $272,617
2024 $3,830 $329,850 $62,578 $267,272
2023 $3,857 $323,383 $61,351 $262,032
2022 $3,632 $317,044 $60,149 $256,895
2021 $3,622 $310,828 $58,970 $251,858
2020 $3,590 $307,642 $58,366 $249,276
2019 $3,544 $301,611 $57,222 $244,389
2018 $3,368 $295,698 $56,100 $239,598
2017 $3,455 $289,900 $55,000 $234,900
2016 $2,404 $196,215 $57,790 $138,425
2015 $2,261 $193,268 $56,922 $136,346
2014 $2,306 $189,483 $55,807 $133,676
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 16053267

MetroList

APN: 228-0354-001