NOT LISTED FOR SALE

Estimated Value: $473,000 - $528,000

4 Beds
2 Baths
1,800 Sq Ft
$279/Sq Ft Est. Value

Last Sold October 12, 2017

Last sale price $288,000 $160 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $3,044/month

64 Days on Market

Highlights

  • No HOA
  • Central Air
  • 1-Story Property
  • Patio

About This Home

As of October 2017

Good income property, $2200/mo. rent. Needs repairs, long term tenants want to stay, 1 of newer duplexes on St. with good curb appeal. Seller provides 1 yr warranty, will do lender required repairs, but prefers reasonable offer to sell as-is. 4542 side is in decent condition except backyard, 4544 side is cluttered with cat odor. 1 car garages with long driveways for extra parking. Prefer inspection after accepted offer to not disturb tenants. Thanks!

Last Agent to Sell the Property

Carl Cooley

Carl Cooley Investment Properties License #01317575 Listed on: 06/30/2017

Last Buyer's Agent

Mike Trainor

LPT Realty, Inc License #01897202

LPT Realty, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,517

Year Built

  • Built in 1985

Lot Details

  • 7,697

Parking

  • 4 Open Parking Spaces
  • 2 Car Garage

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Window Treatments
  • Fire and Smoke Detector

Utilities

  • Central Air
  • Cable TV Available

Additional Features

  • Patio
  • 7,697 Sq Ft Lot

Listing and Financial Details

  • Security Deposit $1,900
  • Tenant pays for cable tv electricity
  • Assessor Parcel Number 228-0442-011-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Hillsdale Woods Subdivision

Building Details

  • 2 Leased Units
  • 2 Units Leased Month-To-Month
  • Insurance Expense $900
  • Operating Expense $500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,517

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1985
  • Architectural Style: Contemporary,Tract
  • Stories: 1
  • Subdivision: Hillsdale Woods
  • Number of Two Bedroom Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher,Free Standing Electric Range,Free Standing Refrigerator
  • Flooring: Carpet,Tile,Varies by Unit,Linoleum/Vinyl
  • Window Features: Window Coverings

Exterior Features

  • Construction Materials: Frame,Wood
  • Disclosures/Documents: Home Protection Plan,Natural Hazard Disclosure Available,Rental/Lease Agmts,Transfer Disclosure Statement
  • Listing Price: 299000.00
  • Patio And Porch Features: Uncovered Patio
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 4
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Garage,Street,1+ Space Per Unit

Utilities

  • Security: Smoke Detector
  • Utilities: Cable Connected
  • Cooling: Central
  • Heating: Central,Electric
  • Utilities Expenses: 1800

Condo/Co-op/Association

  • Association Features: Laundry Hook-Up in Units,Patios/Balcony,Yard Space
  • Association: No

Schools

  • Senior High School District: Twin Rivers Unified

Lot Info

  • Zoning Description: RD-10
  • Lot Size Acres: 0.1767
  • Lot Size Sq Ft: 7697

Rental Info

  • Tenant Pays: Cable TV,Electricity
  • Total Deposit: 1900
  • Total # Leasable: 2

Multi Family

  • Gross Income: 26400
  • Operating Expense: 500
  • Income Includes: Rent Only
  • Insurance Expense: 900
  • Number of Leased Units: 2
  • Number of Month to Month Units: 2
  • Number of Units: 2
  • Units Furnished: None
  • Gross Income Multiplier: 12.120

Tax Info

  • Assessor Parcel Number: 228-0442-011-0000
  • Current RE Taxes: 2517

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2017
Closed on
Sep 29, 2017
Sold by
Long Michael H
Bought by
Farro Miranda George and Farro Miranda
Seller's Agent
Carl Cooley
Carl Cooley Investment Properties
Buyer's Agent
Mike Trainor
LPT Realty, Inc
List Price
$320,000
Sold Price
$288,000
Premium/Discount to List
-$32,000
-10%
Current Estimated Value
$502,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,826
Avg. Annual Appreciation
7.29%
Original Mortgage
$216,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 19, 2009
Sold by
Kumar Anil Mike and Kumar Anjalita
Bought by
Long Michael H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
4.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 20, 2004
Sold by
Grealish Martin and Grealish Teri
Bought by
Kumar Anil Mike and Kumar Anjalita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,750
Interest Rate
5.76%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jan 8, 2003
Sold by
Veargason Christopher Daniel
Bought by
Grealish Martin and Grealish Teri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
6.15%

Purchase Details

Closed on
Feb 27, 2001
Sold by
Veargason Christopher Daniel and Veargason Christopher Danie
Bought by
Veargason Christopher Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
6.98%

Purchase Details

Closed on
Jun 27, 2000
Sold by
Crow Patrick C and Crow Gina E
Bought by
Veargason Christopher Danie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,150
Interest Rate
8.48%

Purchase Details

Closed on
Aug 9, 1994
Sold by
Hubbard Joseph and Hubbard Rose E
Bought by
Crow Patrick C and Crow Gina E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,200
Interest Rate
4.25%
Source: Public Records

Range of Values:

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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
Farro Miranda George $288,000 Fidelity National Title Comp
Long Michael H $190,000 Stewart Title Of Sacramento
Kumar Anil Mike $365,000 Fidelity National Title Co
Grealish Martin $235,000 Financial Title Company
Veargason Christopher Daniel -- North American Title Co
Veargason Christopher Danie $129,000 Chicago Title Co
Crow Patrick C $124,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miranda George $283,000
Closed Farro Miranda George $216,000
Previous Owner Long Michael H $107,800
Previous Owner Long Michael H $142,500
Previous Owner Kumar Anil Mike $273,750
Previous Owner Grealish Martin $188,000
Previous Owner Veargason Christopher Daniel $105,000
Previous Owner Veargason Christopher Danie $103,150
Previous Owner Crow Patrick C $99,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2017 10/12/17 Sold $288,000 -10.0% $160 / Sq Ft
08/31/2017 08/31/17 Pending -- -- --
06/28/2017 06/28/17 For Sale $320,000 -- $178 / 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 $3,720 $327,688 $150,081 $177,607
2024 $3,720 $321,264 $147,139 $174,125
2023 $3,746 $314,965 $144,254 $170,711
2022 $3,526 $308,790 $141,426 $167,364
2021 $3,517 $302,736 $138,653 $164,083
2020 $3,486 $299,633 $137,232 $162,401
2019 $3,441 $293,759 $134,542 $159,217
2018 $3,270 $288,000 $131,904 $156,096
2017 $2,516 $210,808 $96,528 $114,280
2016 $2,517 $206,676 $94,636 $112,040
2015 $2,366 $203,573 $93,215 $110,358
2014 $2,413 $199,587 $91,390 $108,197
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 17040670

MetroList

APN: 228-0442-011