NOT LISTED FOR SALE

Estimated Value: $612,215 - $831,000

8 Beds
4 Baths
3,540 Sq Ft
$208/Sq Ft Est. Value

Last Sold July 17, 2014

Last sale price $305,000 $86 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $4,577/month

77 Days on Market

About This Home

As of July 2014

Great investment opportunity. Several recent updates.

Last Agent to Sell the Property

Jeff Camp

HomeSmart ICARE Realty License #01920422 Listed on: 03/04/2014

HomeSmart ICARE Realty

Last Buyer's Agent

Taj Mann

Berkshire Hathaway Home Services Elite Real Estate License #01912798

Berkshire Hathaway Home Services Elite Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,130

Year Built

  • Built in 1963

Lot Details

  • 2,823

HOA Fees

  • $260 Monthly HOA Fees

Home Design

  • Quadruplex
  • Composition Roof

Utilities

  • Window Unit Cooling System
  • Wall Furnace
  • High Speed Internet

Additional Features

  • 2-Story Property
  • 2,823 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 228-0620-011-0000

Community Details

Building Details

  • 3 Leased Units
  • 1 Vacant Unit
  • 2 Units Leased Month-To-Month
  • Operating Expense $8,856

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,130

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
  • Other Equipment: Varies by Unit
  • Flooring: Varies by Unit

Exterior Features

  • Construction Materials: Stucco,Wood
  • Disclosures/Documents: CC&Rs,Natural Hazard Disclosure Available,Rental/Lease Agmts,Transfer Disclosure Statement
  • Listing Price: 312000.00
  • Roof: Composition

Garage/Parking

  • Parking Features: Street,1 Space Per Unit

Utilities

  • Security: Carbon Mon Detector,Smoke Detector,Video System
  • Utilities: Internet Available
  • Cooling: Window Unit(s)
  • Heating: Wall Furnace

Condo/Co-op/Association

  • Association Features: See Remarks
  • Association Fee: 260
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Senior High School District: Twin Rivers Unified

Lot Info

  • Zoning Description: Residential
  • Lot Size Acres: 0.0648
  • Lot Size Sq Ft: 2823

Rental Info

  • Tenant Pays: Electricity
  • Total # Leasable: 4

Multi Family

  • Gross Income: 35400
  • Operating Expense: 8856
  • Income Includes: Rent Only
  • Number of Leased Units: 3
  • Number of Month to Month Units: 2
  • Number of Vacant Units: 1
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 228-0620-011-0000

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2014
Closed on
Jul 1, 2014
Sold by
Patrick Mark and Patrick Jennifer
Bought by
Duhra Gurjeet and Duhra Apparjit
Seller's Agent
Jeff Camp
HomeSmart ICARE Realty
Buyer's Agent
Taj Mann
Berkshire Hathaway Home Services Elite Real Estate
List Price
$315,000
Sold Price
$305,000
Premium/Discount to List
-$10,000
-3.17%
Current Estimated Value
$734,804

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$429,804
Avg. Annual Appreciation
8.29%
Original Mortgage
$213,500
Outstanding Balance
$163,206
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$578,345

Purchase Details

Listed on
Feb 24, 2012
Closed on
Nov 30, 2012
Sold by
Ashcroft Investments Llc
Bought by
Patrick Mark and Patrick Jennifer
Seller's Agent
Richard Barker
GUIDE Real Estate
Buyer's Agent
Jeff Pennington
California Realty Partners
List Price
$235,000
Sold Price
$225,000
Premium/Discount to List
-$10,000
-4.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.80%
Original Mortgage
$220,924
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 11, 2009
Sold by
Freels Kevin
Bought by
Ashcroft Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
5.01%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 11, 2008
Sold by
Federal Deposit Insurance Corporation
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Dec 9, 2008
Sold by
Jpmorgan Chase Bank National Assocaition
Bought by
Freels Kevin

Purchase Details

Closed on
Sep 2, 2008
Sold by
Ghiglia Justin
Bought by
Washington Mutual Bank

Purchase Details

Closed on
Sep 27, 2006
Sold by
Nationwide Reverse Exchange Services Llc
Bought by
Ghiglia Justin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 3, 2006
Sold by
Domantas David J and Domantas David Jonas
Bought by
Nationwide Reverse Exchange Services Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 24, 2006
Sold by
Domantas David J and Domantes David Jones
Bought by
Domantas David J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 9, 2004
Sold by
Chappell Gerald L and Dryden Gary W
Bought by
Domantas David Jonas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
7.65%
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
Duhra Gurjeet $305,000 North American Title Co Inc
Patrick Mark $225,000 Fidelity National Title Co
Ashcroft Investments Llc -- Stewart Title Of Sacramento
Jpmorgan Chase Bank National Association -- None Available
Freels Kevin -- Chicago Title Company
Washington Mutual Bank $315,900 None Available
Ghiglia Justin $615,000 California Land Title Marin
Nationwide Reverse Exchange Services Llc -- Chicago Title Co
Domantas David J -- Old Republic Title Company
Domantas David Jonas $400,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duhra Gurjeet $213,500
Previous Owner Patrick Mark $220,924
Previous Owner Ashcroft Investments Llc $230,000
Previous Owner Ghiglia Justin $492,000
Previous Owner Domantas David J $275,000
Previous Owner Domantas David Jonas $340,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2014 07/17/14 Sold $305,000 -3.2% $86 / Sq Ft
05/20/2014 05/20/14 Pending -- -- --
03/04/2014 03/04/14 For Sale $315,000 +40.0% $89 / Sq Ft
12/07/2012 12/07/12 Sold $225,000 -4.3% $64 / Sq Ft
10/11/2012 10/11/12 Pending -- -- --
02/24/2012 02/24/12 For Sale $235,000 -- $66 / 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 $4,130 $366,556 $109,363 $257,193
2024 $4,130 $359,369 $107,219 $252,150
2023 $4,159 $352,323 $105,117 $247,206
2022 $3,913 $345,415 $103,056 $242,359
2021 $3,903 $338,643 $101,036 $237,607
2020 $3,868 $335,171 $100,000 $235,171
2019 $3,817 $328,600 $98,040 $230,560
2018 $3,626 $322,158 $96,118 $226,040
2017 $3,721 $315,842 $94,234 $221,608
2016 $3,722 $309,650 $92,387 $217,263
2015 $3,497 $305,000 $91,000 $214,000
2014 $2,701 $226,021 $67,304 $158,717
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 14012388

MetroList

APN: 228-0620-011