NOT LISTED FOR SALE

Estimated Value: $392,000 - $492,000

4 Beds
2 Baths
1,302 Sq Ft
$348/Sq Ft Est. Value

Last Sold May 11, 2020

Last sale price $330,000 $253 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,756/month

51 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • Double Pane Windows
  • Washer and Dryer

About This Home

As of May 2020

CALLING ALL INVESTORS this property is a Great Money Maker!!! Rents are good with possible upside. The numbers speak for themselves with a 10.6 Gross Rent Multiplier!! NEW ROOF & GUTTERS December 1, 2019! Central AC & Heat. Cloths Washer/Dryer combo included, Fridge included. Granite Counters & SS sink in Kitchens. Exterior Stucco re-surfaced recently. Dual Pane windows. Close to UC Davis Hospital & Shriners Hospital as well as other Job opportunities. Almost all Single Family homes on this street. Large lot with unused area for possible expansion ideas. Accessory dwelling unit?? storage?? (Buyer to verify possibilities) Please do not disturb tenants. Take advantage of the recent rate drops and buy this CASH COW NOW!!!

Last Agent to Sell the Property

Rene Morales

GUIDE Real Estate License #00923039 Listed on: 02/27/2020

GUIDE Real Estate

Last Buyer's Agent

reuben haynes

RE/MAX Gold Midtown License #01112171

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,359

Year Built

  • Built in 1951

Lot Details

  • 6,098

Parking

  • 2 Covered Spaces

Home Design

  • Duplex
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Double Pane Windows
  • Washer and Dryer

Additional Features

  • 6,098 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity gas
  • Assessor Parcel Number 014-0222-040-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,359

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1951
  • Stories: 1
  • Number of Two Bedroom Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher,Free Standing Gas Oven,Free Standing Gas Range,Free Standing Refrigerator
  • Flooring: Carpet,Laminate
  • Window Features: Dual Pane Partial

Exterior Features

  • Construction Materials: Frame,Stucco
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,None
  • Foundation: Raised
  • Listing Price: 340000.00
  • Roof: Composition

Garage/Parking

  • Covered Parking Spaces: 2
  • Parking Features: Carport,1 Space Per Unit

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Sewer: Public Sewer
  • Cooling: Central
  • Heating: Central
  • Laundry Features: Washer/Dryer
  • Water Source: Public

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: R-1
  • Lot Size Acres: 0.1400
  • Lot Size Sq Ft: 6098

Rental Info

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

Multi Family

  • Gross Income: 30000
  • Income Includes: Rent Only
  • Number of Leased Units: 2
  • Number of Units: 2
  • Units Furnished: None
  • Gross Income Multiplier: 10.600

Tax Info

  • Assessor Parcel Number: 014-0222-040-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 11, 2020
Sold by
Alli Akintade Latifat and Akintade Olushile
Bought by
Dabiri Llc
Current Estimated Value
$453,049

Purchase Details

Listed on
Feb 27, 2020
Closed on
May 4, 2020
Sold by
Conner Timothy M and Conner Jean E
Bought by
Alli Akintade Latifat and Akintade Olushile
Seller's Agent
Rene Morales
GUIDE Real Estate
Buyer's Agent
reuben haynes
RE/MAX Gold Midtown
List Price
$320,000
Sold Price
$330,000
Premium/Discount to List
$10,000
3.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.54%
Original Mortgage
$247,500
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 27, 2012
Closed on
May 22, 2012
Sold by
Hsbc Bank Usa National Association
Bought by
Conner Timothy M and Conner Jean E
Seller's Agent
David Osborne
RealHome Services and Solutions Inc
Buyer's Agent
Ed Kroesing
Realty ONE Group Complete
List Price
$35,000
Sold Price
$66,389
Premium/Discount to List
$31,389
89.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.41%
Original Mortgage
$40,000
Interest Rate
3.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 9, 2012
Sold by
Holt Howard and Holt Patricia
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Dec 21, 2009
Sold by
Holt Howard C and Holt Patricia A
Bought by
Holt Howard C and Holt Patricia A

Purchase Details

Closed on
Sep 23, 2003
Sold by
Lilley Joseph and Fox Lori
Bought by
Holt Howard and Holt Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,500
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 16, 2002
Sold by
Citibank N A
Bought by
Lilley Joseph and Fox Lori

Purchase Details

Closed on
Apr 11, 2002
Sold by
Nash Jomo
Bought by
Citibank Na

Purchase Details

Closed on
Jul 25, 2000
Sold by
Mcdaniels Deshon D
Bought by
Nash Jomo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
11.99%

Purchase Details

Closed on
Jun 28, 1999
Sold by
Mcdaniels Tia M
Bought by
Mcdaniels Deshon D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
10.25%

Purchase Details

Closed on
Jun 9, 1998
Sold by
Washington Mutual Bank Fa
Bought by
Rosemond Wayne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,000
Interest Rate
7.01%

Purchase Details

Closed on
Mar 2, 1998
Sold by
Hill Eddie L and Hill Patricia D
Bought by
Washington Mutual Bank Fa
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
Dabiri Llc -- Timios Inc
Alli Akintade Latifat $330,000 Fidelity National Title Co
Conner Timothy M $66,500 Premium Title Of California
Hsbc Bank Usa National Association $64,000 Accommodation
Holt Howard C -- None Available
Holt Howard C -- None Available
Holt Howard $210,000 Fidelity National Title Co
Lilley Joseph $108,000 Stewart Title
Citibank Na $94,404 First American Title Co
Nash Jomo $105,000 Fidelity National Title Co
Mcdaniels Deshon D -- Fidelity National Title Co
Mcdaniels Deshon D $80,000 Fidelity National Title Co
Rosemond Wayne $31,000 Stewart Title
Washington Mutual Bank Fa $21,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alli Akintade Latifat $247,500
Previous Owner Conner Timothy M $120,400
Previous Owner Conner Timothy M $30,000
Previous Owner Conner Timothy M $40,000
Previous Owner Conner Timothy M $40,000
Previous Owner Holt Howard $15,000
Previous Owner Holt Howard $243,000
Previous Owner Holt Howard $175,500
Previous Owner Lilley Joseph $78,000
Previous Owner Nash Jomo $84,000
Previous Owner Mcdaniels Deshon D $63,964
Previous Owner Mcdaniels Deshon D $52,000
Previous Owner Rosemond Wayne $33,000
Closed Mcdaniels Deshon D $20,000
Closed Nash Jomo $15,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2020 05/11/20 Sold $330,000 -2.9% $253 / Sq Ft
04/18/2020 04/18/20 Pending -- -- --
04/09/2020 04/09/20 Price Changed $340,000 +6.3% $261 / Sq Ft
04/09/2020 04/09/20 For Sale $320,000 0.0% $246 / Sq Ft
03/26/2020 03/26/20 For Sale $320,000 0.0% $246 / Sq Ft
03/24/2020 03/24/20 Pending -- -- --
03/20/2020 03/20/20 For Sale $320,000 0.0% $246 / Sq Ft
03/20/2020 03/20/20 Pending -- -- --
03/06/2020 03/06/20 Pending -- -- --
02/27/2020 02/27/20 For Sale $320,000 +382.0% $246 / Sq Ft
06/06/2012 06/06/12 Sold $66,389 +89.7% $55 / Sq Ft
04/04/2012 04/04/12 Pending -- -- --
03/26/2012 03/26/12 For Sale $35,000 -- $29 / 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 $4,359 $360,899 $109,363 $251,536
2024 $4,359 $353,823 $107,219 $246,604
2023 $4,255 $346,886 $105,117 $241,769
2022 $4,183 $340,085 $103,056 $237,029
2021 $3,986 $333,418 $101,036 $232,382
2020 $1,125 $76,240 $22,966 $53,274
2019 $1,103 $74,746 $22,516 $52,230
2018 $1,074 $73,281 $22,075 $51,206
2017 $1,058 $71,845 $21,643 $50,202
2016 $993 $70,437 $21,219 $49,218
2015 $976 $69,380 $20,901 $48,479
2014 $954 $68,022 $20,492 $47,530
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 20011911

MetroList

APN: 014-0222-040