NOT LISTED FOR SALE

Estimated Value: $671,000 - $2,800,000

5 Beds
4 Baths
2,900 Sq Ft
$498/Sq Ft Est. Value

Last Sold February 01, 2017

Last sale price $585,000 $202 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $8,300/month

219 Days on Market

Highlights

  • Contemporary Architecture
  • Multiple cooling system units
  • Satellite Dish
  • No HOA
  • Floor Furnace
  • 5-minute walk to Bertha Henschel Park

About This Home

As of February 2017

THIS 4 PLEX HAS HUGE UPSIDE...2900 FT STRUCTURE WITH, EXCELLENT CURB APPEAL, AND ON A 10,000 FT. LOT...CITY MAY ALLOW THE CONVERSION BACK TO A SFR...

Last Agent to Sell the Property

Joe Wirsing

Professional Realty Associates License #01074812 Listed on: 06/03/2016

Professional Realty Associates

Last Buyer's Agent

Terri Abbaszadeh

Reliant Realty Inc. License #01851120

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 11,204 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • Quadruplex
  • Contemporary Architecture
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Fire and Smoke Detector

Utilities

  • Multiple cooling system units
  • Floor Furnace
  • Satellite Dish

Listing and Financial Details

  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 004-0135-004-0000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0.26 Acres

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1920
  • Architectural Style: Contemporary
  • Stories: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Varies By Unit
  • Flooring: Carpet,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Wood
  • Disclosures/Documents: Rental/Lease Agmts,Transfer Disclosure Statement
  • Listing Price: 589000.00
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 2
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Garage,Varies by Unit

Utilities

  • Security: Smoke Detector
  • Utilities: Dish Antenna
  • Cooling: MultiUnits
  • Heating: Floor Furnace

Condo/Co-op/Association

  • Association Features: Yard Space
  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: R-1
  • Lot Size Acres: 0.2572
  • Lot Size Sq Ft: 11204

Rental Info

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

Multi Family

  • Income Includes: Rent Only
  • Number of Leased Units: 4
  • Number of Month to Month Units: 4
  • Number of Units: 4
  • Units Furnished: Varies By Unit

Tax Info

  • Assessor Parcel Number: 004-0135-004-0000

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2016
Closed on
Jan 23, 2017
Sold by
Kouretas Land Lp
Bought by
Asnaashari Paiyuam
Seller's Agent
Joe Wirsing
Professional Realty Associates
Buyer's Agent
Terri Abbaszadeh
Reliant Realty Inc.
List Price
$729,000
Sold Price
$585,000
Premium/Discount to List
-$144,000
-19.75%
Current Estimated Value
$1,445,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$860,333
Avg. Annual Appreciation
10.39%
Original Mortgage
$432,000
Outstanding Balance
$357,822
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$1,087,511

Purchase Details

Closed on
Jul 14, 2015
Sold by
Kouretas Management Inc
Bought by
Kouretas Land Lp

Purchase Details

Closed on
Aug 9, 1996
Sold by
Kouretas Rosemary
Bought by
Kouretas James L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,065,000
Interest Rate
7.95%
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
Asnaashari Paiyuam $1,462,500 Orange Coast Title Company O
Kouretas Land Lp -- None Available
Kouretas Management Inc -- None Available
Kouretas James L -- North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Asnaashari Paiyuam $432,000
Previous Owner Kouretas James L $1,065,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/01/2017 02/01/17 Sold $585,000 -19.8% $202 / Sq Ft
01/08/2017 01/08/17 Pending -- -- --
06/03/2016 06/03/16 For Sale $729,000 -- $251 / 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 $8,366 $678,937 $435,217 $243,720
2024 $8,366 $665,626 $426,684 $238,942
2023 $8,170 $652,575 $418,318 $234,257
2022 $8,031 $639,780 $410,116 $229,664
2021 $7,659 $627,236 $402,075 $225,161
2020 $7,713 $620,806 $397,953 $222,853
2019 $7,552 $608,634 $390,150 $218,484
2018 $7,357 $596,700 $382,500 $214,200
2017 $9,011 $739,500 $382,500 $357,000
2016 $8,791 $725,000 $375,000 $350,000
2015 $1,426 $80,798 $25,070 $55,728
2014 $1,400 $79,218 $24,580 $54,638
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 16035255

MetroList

APN: 004-0135-004

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