NOT LISTED FOR SALE

4700 Martin Luther King jr Blvd Sacramento, CA 95820

South Oak Park Neighborhood

Estimated Value: $498,559 - $618,000

6 Beds
4 Baths
2,244 Sq Ft
$257/Sq Ft Est. Value

Last Sold December 06, 2019

Last sale price $440,000 $196 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $3,607/month

55 Days on Market

Highlights

  • No HOA
  • Double Pane Windows
  • Central Heating and Cooling System

About This Home

As of December 2019

*Back on the market at no fault to the seller.* Completely remodeled gated duplex! Newly painted, fixtures and Waterproof laminate flooring installed throughout both units. Both units have dual pane windows and central heat and air with a NEW HVAC unit at 3818 22nd. Each unit has a oversized 1 car garage, plus 1 uncovered parking in gated driveway.

Last Agent to Sell the Property

Brian Mitry

GUIDE Real Estate License #01414124 Listed on: 09/03/2019

GUIDE Real Estate

Last Buyer's Agent

Cindy Tran

Realty ONE Group Complete License #01976128

Realty ONE Group Complete

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,727

Year Built

  • Built in 1990

Lot Details

  • 3,311

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage

Home Design

  • Duplex
  • Split Level Home
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Double Pane Windows
  • Laminate Flooring

Additional Features

  • 3,311 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for dues/fees
  • Assessor Parcel Number 020-0276-004-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,727

Year Built

Built in 1990

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1990
  • Levels: MultiSplit
  • Stories: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Gas Range,Free Standing Refrigerator,Microwave
  • Other Equipment: None
  • Flooring: Laminate
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Wood
  • Disclosures/Documents: CC&Rs,None
  • Foundation: Slab
  • Listing Price: 425000.00
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Garage,1+ Space Per Unit
  • Total Parking Spaces: 4

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: Laundry Hook-Up in Units,Patios/Balcony
  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: R-1
  • Lot Size Acres: 0.0760
  • Lot Size Sq Ft: 3311

Rental Info

  • Tenant Pays: Dues/Fees
  • Total # Leasable: 2

Multi Family

  • Gross Income: 40560
  • Income Includes: Rent Only
  • Existing Lease Type: Other
  • Number of Leased Units: 2
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 020-0276-004-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2019
Closed on
Dec 4, 2019
Sold by
Homework Investments Granite Bay Llc
Bought by
Chen Yao and Tsen Shao Pat
Seller's Agent
Brian Mitry
GUIDE Real Estate
Buyer's Agent
Cindy Tran
Realty ONE Group Complete
List Price
$425,000
Sold Price
$440,000
Premium/Discount to List
$15,000
3.53%
Current Estimated Value
$566,784

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,784
Avg. Annual Appreciation
4.90%
Original Mortgage
$322,500
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2018
Sold by
Reed Donna L and Reed Donna L
Bought by
Homework Investments Granite Bay Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,000
Interest Rate
4.38%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 26, 1998
Sold by
Burtsche Sonja
Bought by
Dollison William A
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
Chen Yao $440,000 Chicago Title Company
Homework Investments Granite Bay Llc $560,000 First American Title Company
Dollison William A $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Yao $325,000
Closed Chen Yao $325,000
Closed Chen Yao $322,500
Previous Owner Homework Investments Granite Bay Llc $1,150,000
Previous Owner Homework Investments Granite Bay Llc $504,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2019 12/06/19 Sold $440,000 0.0% $196 / Sq Ft
12/03/2019 12/03/19 Off Market $440,000 -- --
10/28/2019 10/28/19 Pending -- -- --
09/17/2019 09/17/19 For Sale $425,000 0.0% $189 / Sq Ft
09/09/2019 09/09/19 Pending -- -- --
09/03/2019 09/03/19 For Sale $425,000 -- $189 / 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 $5,727 $481,201 $54,681 $426,520
2024 $5,727 $471,766 $53,609 $418,157
2023 $5,592 $462,516 $52,558 $409,958
2022 $5,497 $453,448 $51,528 $401,920
2021 $5,236 $444,558 $50,518 $394,040
2020 $5,279 $440,000 $50,000 $390,000
2019 $3,704 $306,000 $51,000 $255,000
2018 $1,732 $132,594 $19,636 $112,958
2017 $4,090 $129,995 $19,251 $110,744
2016 $1,612 $127,447 $18,874 $108,573
2015 $1,587 $125,534 $18,591 $106,943
2014 $1,547 $123,076 $18,227 $104,849
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 19062563

MetroList

APN: 020-0276-004