NOT LISTED FOR SALE

Estimated Value: $748,000 - $904,000

8 Beds
4 Baths
3,400 Sq Ft
$237/Sq Ft Est. Value

Last Sold December 31, 2018

Last sale price $511,720 $151 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $5,147/month

15 Days on Market

About This Home

As of December 2018

2 adjacent fourplexes located in a desirable rental area. Each extraordinary fourplex offers 4 two bedrooms one bath units. Can be sold as a package with MLS 18062078 or separately. $519,990 is per fourplex. Rents are below market.

Last Agent to Sell the Property

Kobi Grant

Kobi Grant License #01402669 Listed on: 10/09/2018

Last Buyer's Agent

Jason Spaits

eXp Realty of California Inc. License #02033107

eXp Realty of California Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,420

Year Built

  • Built in 1963

Lot Details

  • 2,831 Sq Ft Lot

HOA Fees

  • $260 Monthly HOA Fees

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Double Pane Windows

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace

Community Details

  • 4 Units Leased Month-To-Month

Listing and Financial Details

  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 228-0620-003-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,420

Year Built

Built in 1963

Lot Details

0

HOA Fees

$260 per month

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1963
  • Stories: 2
  • Number of Two Bedroom Units: 4
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Varies By Unit,See Remarks
  • Other Equipment: Varies by Unit
  • Flooring: Carpet,Linoleum/Vinyl
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Frame,Stucco
  • Disclosures/Documents: CC&Rs,See Remarks
  • Listing Price: 519990.00
  • Roof: Composition

Garage/Parking

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

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Wall Furnace

Condo/Co-op/Association

  • Association Features: None
  • Association Fee: 260
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Senior High School District: Twin Rivers Unified

Lot Info

  • Zoning Description: RD 30
  • Lot Size Acres: 0.0650
  • Lot Size Sq Ft: 2831

Rental Info

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

Multi Family

  • Gross Income: 30600
  • Income Includes: Rent Only
  • Existing Lease Type: See Remarks
  • Number of Month to Month Units: 4
  • Number of Units: 1
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 228-0620-003-0000

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2018
Closed on
Dec 27, 2018
Sold by
Gudkov Aleksandr and Rub Galina
Bought by
Thompson Franklin and Padilla Alma Joahna
Seller's Agent
Kobi Grant
Kobi Grant
Buyer's Agent
Jason Spaits
eXp Realty of California Inc.
List Price
$519,990
Sold Price
$511,720
Premium/Discount to List
-$8,270
-1.59%
Current Estimated Value
$804,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$293,142
Avg. Annual Appreciation
6.23%
Original Mortgage
$383,790
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 3, 2012
Closed on
Dec 24, 2012
Sold by
Wang Jing Xu and Shen Ping
Bought by
Gudkov Alexsandr and Rub Galina
Seller's Agent
Max Boyko
eXp Realty of California Inc.
Buyer's Agent
Max Boyko
eXp Realty of California Inc.
List Price
$212,500
Sold Price
$212,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.83%
Original Mortgage
$159,375
Interest Rate
3.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2010
Sold by
Shen Lu Ping
Bought by
Wang Jing Xu and Shen Lu Ping

Purchase Details

Closed on
Mar 27, 2009
Sold by
Woo Benjamin G and Woo Jeannette
Bought by
Shen Lu Ping

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
5.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 8, 2004
Sold by
Chappell Gerald L and Dryden Gary W
Bought by
Woo Benjamin G and Woo Jeannette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
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
Thompson Franklin $512,000 Chicago Title Company
Gudkov Alexsandr $212,500 Fidelity National Title Co
Wang Jing Xu -- None Available
Shen Lu Ping $210,000 First American Title Co
Shen Lu Ping -- First American Title Co
Woo Benjamin G $400,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson Franklin $376,673
Closed Thompson Franklin $383,790
Previous Owner Gudkov Alexsandr $159,375
Previous Owner Shen Lu Ping $157,500
Previous Owner Woo Benjamin G $390,000
Previous Owner Woo Benjamin G $320,000
Closed Woo Benjamin G $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2018 12/31/18 Sold $511,720 -1.6% $151 / Sq Ft
11/08/2018 11/08/18 For Sale $519,990 0.0% $153 / Sq Ft
10/24/2018 10/24/18 Pending -- -- --
10/09/2018 10/09/18 For Sale $519,990 +144.7% $153 / Sq Ft
01/09/2013 01/09/13 Sold $212,500 0.0% $63 / Sq Ft
12/05/2012 12/05/12 Pending -- -- --
12/03/2012 12/03/12 For Sale $212,500 -- $63 / 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 $6,420 $570,828 $171,247 $399,581
2024 $6,420 $559,637 $167,890 $391,747
2023 $6,995 $548,665 $164,599 $384,066
2022 $6,084 $537,908 $161,372 $376,536
2021 $6,067 $527,361 $158,208 $369,153
2020 $6,013 $521,954 $156,586 $365,368
2019 $5,934 $511,720 $153,516 $358,204
2018 $2,594 $229,976 $48,700 $181,276
2017 $2,661 $225,468 $47,746 $177,722
2016 $2,663 $221,048 $46,810 $174,238
2015 $2,501 $217,728 $46,107 $171,621
2014 $2,552 $213,464 $45,204 $168,260
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 18062080

MetroList

APN: 228-0620-003