NOT LISTED FOR SALE

Estimated Value: $648,000 - $726,733

5 Beds
4 Baths
2,400 Sq Ft
$286/Sq Ft Est. Value

Last Sold October 14, 2020

Last sale price $505,000 $210 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $4,245/month

38 Days on Market

Highlights

  • No HOA
  • Central Heating
  • 1-Story Property
  • Winston Churchill Middle School Rated A-
  • 3 Car Garage

About This Home

As of October 2020

Amazing large lot size 14,300 sq ft. Right unit 3 bed/2 bath, 2 car gar & Left unit 2 bed/2 bath, 1 car gar. Great Investment in Prime Location of Carmichael. One tenant has occupied a unit 25 years and the other tenant has occupied a unit 18 years. Both Tenants month to month. Please Do Not Disturb Tenants.

Last Agent to Sell the Property

Ric Cheng

RE/MAX Gold License #01308763 Listed on: 07/11/2020

RE/MAX Gold

Last Buyer's Agent

Luis Sosa-Guasch

ERA Carlile Realty Group License #02059940

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,451

Year Built

  • Built in 1972

Lot Details

  • 0.33

Parking

  • 3 Car Garage

Home Design

  • Duplex

Additional Features

  • 1-Story Property
  • 0.33 Acre Lot
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 230-0145-027-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,451

Year Built

Built in 1972

Lot Details

0

Parking

3

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1972
  • Stories: 1
  • Number of Two Bedroom Units: 1
  • Number of Three Bedroom Units: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher,Disposal,Free Standing Gas Range
  • Other Equipment: None
  • Flooring: Carpet,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Stucco,Wood
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,None
  • Listing Price: 509999.00
  • Roof: Composition,Other

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Garage

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Cooling: Ceiling Fan(s),Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: Patios/Balcony,Yard Space
  • Association: No

Schools

  • Senior High School District: San Juan Unified

Lot Info

  • Zoning Description: RD10
  • Lot Size Acres: 0.3283
  • Lot Size Sq Ft: 14301

Rental Info

  • Tenant Pays: See Remarks
  • Total # Leasable: 2

Multi Family

  • Gross Income: 29412
  • Income Includes: See Remarks
  • Number of Leased Units: 2
  • Number of Month to Month Units: 2
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 230-0145-027-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2020
Closed on
Oct 13, 2020
Sold by
Puri Hitesh and Puri Vimmi
Bought by
Sosa Ricardo and Sosa Vanessa
Seller's Agent
Ric Cheng
RE/MAX Gold
Buyer's Agent
Luis Sosa-Guasch
ERA Carlile Realty Group
List Price
$509,999
Sold Price
$505,000
Premium/Discount to List
-$4,999
-0.98%
Current Estimated Value
$685,683

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,683
Avg. Annual Appreciation
6.63%
Original Mortgage
$378,750
Outstanding Balance
$338,397
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$353,636

Purchase Details

Closed on
Aug 5, 2010
Sold by
Mclinden Daniel J and Mclinden Jean L
Bought by
Puri Hitesh and Puri Vimmi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
4.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2009
Sold by
Mclinden Daniel J and Mclinden Jean
Bought by
Mclinden Daniel J and Mclinden Jean L

Purchase Details

Closed on
Sep 30, 2002
Sold by
Mclinden Daniel and Mclinden Jean
Bought by
Mclinden Daniel and Mclinden Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,000
Interest Rate
4.87%

Purchase Details

Closed on
Oct 8, 1999
Sold by
Bosch Metzener Michael P and Bosch Judith
Bought by
Mclinden Daniel J and Mclinden Jean L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,500
Interest Rate
7.86%
Mortgage Type
Stand Alone First
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
Sosa Ricardo $505,000 Fidelity National Title Co
Puri Hitesh $240,000 Old Republic Title Company
Mclinden Daniel J -- None Available
Mclinden Daniel -- Fidelity National Title Co
Mclinden Daniel J $207,500 Sacramento Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sosa Ricardo $378,750
Previous Owner Puri Hitesh $168,000
Previous Owner Mclinden Daniel $197,000
Previous Owner Fong Johnny M $287,000
Previous Owner Mclinden Daniel $178,000
Previous Owner Mclinden Daniel J $95,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2020 10/14/20 Sold $505,000 -1.0% $210 / Sq Ft
08/18/2020 08/18/20 Pending -- -- --
08/15/2020 08/15/20 For Sale $509,999 0.0% $212 / Sq Ft
08/03/2020 08/03/20 Pending -- -- --
07/25/2020 07/25/20 Price Changed $509,999 -2.7% $212 / Sq Ft
07/11/2020 07/11/20 For Sale $524,000 -- $218 / 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 $6,451 $546,626 $162,364 $384,262
2024 $6,451 $535,909 $159,181 $376,728
2023 $6,287 $525,402 $156,060 $369,342
2022 $6,255 $515,100 $153,000 $362,100
2021 $6,151 $505,000 $150,000 $355,000
2020 $3,405 $281,147 $84,342 $196,805
2019 $3,337 $275,636 $82,689 $192,947
2018 $3,299 $270,232 $81,068 $189,164
2017 $3,267 $264,934 $79,479 $185,455
2016 $3,052 $259,740 $77,921 $181,819
2015 $3,000 $255,839 $76,751 $179,088
2014 $2,938 $250,828 $75,248 $175,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 20040004

MetroList

APN: 230-0145-027