NOT LISTED FOR SALE

Estimated Value: $620,000 - $845,000

8 Beds
4 Baths
3,552 Sq Ft
$215/Sq Ft Est. Value

Last Sold May 16, 2016

Last sale price $335,000 $94 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $5,013/month

12 Days on Market

Highlights

  • A-Frame Home
  • Attic Fan
  • Satellite Dish
  • Double Pane Windows
  • Laundry Facilities

About This Home

As of May 2016

Great Income opportunity with this 4-plex close to American River College. It is also perfect for someone looking to live in a unit and rent the rest for income. Fresh paint and new carpet in 2 units *Large bedrooms with the larger having a walk in closet. Duel Pane Windows* Laundry Facility for your 4 units too. HOA covers, Landscape maintenance, landscape watering, Garbage pickup, parking lot maintenance and HOA management.

Last Agent to Sell the Property

Arax Butler

Coldwell Banker Realty License #01372569 Listed on: 03/24/2016

Coldwell Banker Realty

Last Buyer's Agent

Valarie Trudeau

RE/MAX Gold Sierra Oaks License #01457050

RE/MAX Gold Sierra Oaks

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,562

Lot Details

  • 2,858 Sq Ft Lot

HOA Fees

  • $260 Monthly HOA Fees

Home Design

  • Quadruplex
  • A-Frame Home
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Double Pane Windows
  • Attic Fan

Utilities

  • Wall Furnace
  • Satellite Dish

Listing and Financial Details

  • Tenant pays for cable tv electricity gas water see remarks
  • Assessor Parcel Number 228-0620-014-0000

Community Details

Overview

  • 4 Units

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,562

Lot Details

0

HOA Fees

$260 per month

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Architectural Style: A-Frame
  • Stories: 2
  • Year Built Details: Unknown
  • Number of Two Bedroom Units: 4
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher,Disposal,Free Standing Gas Oven,Free Standing Gas Range,Free Standing Refrigerator,Gas Cook Top,Varies By Unit
  • Other Equipment: Attic Fan(s)
  • Flooring: Carpet,Tile,Linoleum/Vinyl
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Frame,Stone,Stucco
  • Disclosures/Documents: CC&Rs,See Remarks
  • Listing Price: 335000.00
  • Roof: Composition

Garage/Parking

  • Parking Features: Guest Parking Available,1 Space Per Unit

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Utilities: Dish Antenna
  • Cooling: Ceiling Fan(s),Wall Unit(s)
  • Heating: Wall Furnace

Condo/Co-op/Association

  • Association Features: Separate Laundry Facility
  • Association Fee: 260
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Senior High School District: Twin Rivers Unified

Lot Info

  • Zoning Description: RD30
  • Lot Size Acres: 0.0656
  • Lot Size Sq Ft: 2858

Rental Info

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

Multi Family

  • Income Includes: See Remarks
  • Existing Lease Type: See Remarks
  • Number of Units: 4
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 228-0620-014-0000

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2016
Closed on
May 11, 2016
Sold by
Kasravi Kasra and Kasravi Noushin
Bought by
Avakyan Gayk
Seller's Agent
Arax Butler
Coldwell Banker Realty
Buyer's Agent
Valarie Trudeau
RE/MAX Gold Sierra Oaks
List Price
$325,000
Sold Price
$335,000
Premium/Discount to List
$10,000
3.08%
Current Estimated Value
$762,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$427,667
Avg. Annual Appreciation
9.05%
Original Mortgage
$210,000
Outstanding Balance
$168,342
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$583,325

Purchase Details

Closed on
Oct 27, 2009
Sold by
Kasravi Kasra and Kasravi Noushin
Bought by
Kasravi Kasra and Kasravi Noushin

Purchase Details

Closed on
Nov 11, 2008
Sold by
U S Bank National Association
Bought by
Kasravi Kasra and Kasravi Noushin

Purchase Details

Closed on
Sep 8, 2008
Sold by
Jerge Mike and Jerge Veronica
Bought by
U S Bank Na

Purchase Details

Closed on
Dec 19, 2004
Sold by
Chappell Gerald L and Dryden Gary W
Bought by
Jerge Mike and Jerge Veronica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
7.99%
Mortgage Type
Purchase Money Mortgage
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
Avakyan Gayk $335,000 Chicago Title Company
Kasravi Kasra -- None Available
Kasravi Kasra $223,000 First American Title Company
U S Bank Na $269,100 Fatco
Jerge Mike $400,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Avakyan Gayk $210,000
Previous Owner Jerge Mike $457,500
Previous Owner Jerge Mike $360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2016 05/16/16 Sold $335,000 +3.1% $94 / Sq Ft
03/28/2016 03/28/16 Pending -- -- --
03/16/2016 03/16/16 For Sale $325,000 -- $91 / 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 $7,562 $672,588 $202,323 $470,265
2024 $7,562 $659,401 $198,356 $461,045
2023 $7,615 $646,472 $194,467 $452,005
2022 $7,165 $633,797 $190,654 $443,143
2021 $7,146 $621,370 $186,916 $434,454
2020 $7,082 $615,000 $185,000 $430,000
2019 $5,568 $480,025 $103,827 $376,198
2018 $3,922 $348,534 $109,242 $239,292
2017 $4,024 $341,700 $107,100 $234,600
2016 $2,919 $242,470 $76,145 $166,325
2015 $2,743 $238,829 $75,002 $163,827
2014 $2,798 $234,151 $73,533 $160,618
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 16015152

MetroList

APN: 228-0620-014