NOT LISTED FOR SALE

Estimated Value: $572,424 - $631,000

4 Beds
3 Baths
2,010 Sq Ft
$303/Sq Ft Est. Value

Last Sold September 01, 2020

Last sale price $477,000 $237 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,792/month

13 Days on Market

Highlights

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

About This Home

As of September 2020

Super clean recently remodeled duplex close to the American River College! Both sides have been remodeled with great care to craftsmanship. Updated flooring, new light grey shaker cabinets, quartz countertops, stainless steel appliances and updated bathrooms. Seller currently occupies the 2/2 side and the 2/1 side has a stable tenant. Perfect investment property to live in one side and have the other side's rent help cover your mortgage! Or rent out both sides to cover your mortgage and provide income! (Subject to your mortgage terms.)

Last Agent to Sell the Property

Steven Dekok

The Abode Group License #01970258 Listed on: 06/04/2020

The Abode Group

Last Buyer's Agent

Igor Musiyets

Realty ONE Group Complete License #02034527

Realty ONE Group Complete

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,784

Year Built

  • Built in 1979

Lot Details

  • 6,861

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

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

Additional Features

  • 6,861 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity gas
  • Assessor Parcel Number 228-0600-035-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 1 Unit Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,784

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1979
  • Architectural Style: Ranch
  • Stories: 1
  • Number of Two Bedroom Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher,Free Standing Gas Oven
  • Other Equipment: None
  • Flooring: Laminate
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Frame,Wood
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,None
  • Listing Price: 490000.00
  • Roof: Composition

Garage/Parking

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

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Sewer: Public Sewer
  • Cooling: Central
  • Heating: Central
  • Water Source: Public

Condo/Co-op/Association

  • Association Features: Yard Space
  • Association: No

Schools

  • Senior High School District: River Delta Unified

Lot Info

  • Zoning Description: RD-10
  • Lot Size Acres: 0.1575
  • Lot Size Sq Ft: 6861

Rental Info

  • Tenant Pays: Electricity,Gas

Multi Family

  • Gross Income: 19800
  • Income Includes: Rent Only
  • Number of Leased Units: 2
  • Number of Month to Month Units: 1
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 228-0600-035-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2021
Sold by
Ikpeama Kelechi
Bought by
Ikpeama Kelechi and Kelechi Idpeama Family Trust
Current Estimated Value
$608,606

Purchase Details

Listed on
Jun 4, 2020
Closed on
Aug 31, 2020
Sold by
Marciao Rodrigo and Nichols Jessica
Bought by
Ikpeama Kelechi
Seller's Agent
Steven Dekok
The Abode Group
Buyer's Agent
Igor Musiyets
Realty ONE Group Complete
List Price
$490,000
Sold Price
$477,000
Premium/Discount to List
-$13,000
-2.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.81%
Original Mortgage
$468,360
Outstanding Balance
$417,522
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$185,651

Purchase Details

Closed on
Jan 30, 2019
Sold by
Memar Amir J
Bought by
Marciao Rodrigo and Nichols Jessica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$402,573
Interest Rate
3.99%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 27, 2018
Sold by
Memar Amir J and Memar Amir Justin
Bought by
Memar Amir J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 19, 2017
Closed on
Nov 21, 2017
Sold by
Hoenig Leslie Allen and Hoenig Michelle Hannah
Bought by
Memar Amir Justin
Seller's Agent
Sharon Scheidegger
Windermere Signature Properties El Dorado Hills/Folsom
Buyer's Agent
Oleg Minzu
Keller Williams Realty
List Price
$305,000
Sold Price
$280,000
Premium/Discount to List
-$25,000
-8.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.41%
Original Mortgage
$265,200
Interest Rate
3.88%
Mortgage Type
Commercial

Purchase Details

Listed on
Jun 23, 2014
Closed on
Oct 9, 2014
Sold by
Caracciolo Frederick T and Caracciolo Rose M
Bought by
Hoenig Leslie Allen and Hoenig Michelle Hannah
Seller's Agent
Daniel Wakabayashi
Windermere Signature Properties Downtown
Buyer's Agent
Rodney Luman
Key Realty Center
List Price
$245,000
Sold Price
$230,000
Premium/Discount to List
-$15,000
-6.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.47%

Purchase Details

Closed on
Mar 23, 2005
Sold by
Caracciolo Frederick T and Caracciolo Rose M
Bought by
Caracciolo Frederick T and Caracciolo Rose M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
5.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 1995
Sold by
Caracciolo Frederick Thomas and Caracciolo Rose Marie
Bought by
Caracciolo Frederick T and Caracciolo Rose M
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
Ikpeama Kelechi -- None Available
Ikpeama Kelechi -- None Available
Ikpeama Kelechi $477,000 Chicago Title Company
Marciao Rodrigo $410,000 First American Title Company
Memar Amir J -- Old Republic Title Company
Memar Amir Justin $280,000 Fidelity National Title Comp
Hoenig Leslie Allen $230,000 Stewart Title
Caracciolo Frederick T -- First American Title Co
Caracciolo Frederick T -- First American Title Co
Caracciolo Frederick T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ikpeama Kelechi $468,360
Previous Owner Marciao Rodrigo $402,933
Previous Owner Marciao Rodrigo $402,573
Previous Owner Memar Amir J $297,000
Previous Owner Memar Amir Justin $265,200
Previous Owner Caracciolo Frederick T $260,000
Previous Owner Caracciolo Frederick $86,118
Previous Owner Caracciolo Frederick T $87,425
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2020 09/01/20 Sold $477,000 -2.7% $237 / Sq Ft
06/17/2020 06/17/20 Pending -- -- --
06/04/2020 06/04/20 For Sale $490,000 +75.0% $244 / Sq Ft
12/04/2017 12/04/17 Sold $280,000 -8.2% $139 / Sq Ft
08/21/2017 08/21/17 Pending -- -- --
07/19/2017 07/19/17 For Sale $305,000 +32.6% $152 / Sq Ft
10/15/2014 10/15/14 Sold $230,000 -6.1% $114 / Sq Ft
09/10/2014 09/10/14 Pending -- -- --
06/18/2014 06/18/14 For Sale $245,000 -- $122 / 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 $5,784 $516,318 $151,540 $364,778
2024 $5,784 $506,195 $148,569 $357,626
2023 $5,822 $496,270 $145,656 $350,614
2022 $5,480 $486,540 $142,800 $343,740
2021 $5,464 $477,000 $140,000 $337,000
2020 $4,877 $418,200 $122,400 $295,800
2019 $3,375 $285,600 $66,300 $219,300
2018 $3,209 $280,000 $65,000 $215,000
2017 $2,865 $238,177 $71,453 $166,724
2016 $2,867 $233,507 $70,052 $163,455
2015 $2,696 $230,000 $69,000 $161,000
2014 $2,097 $170,543 $35,721 $134,822
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 20031895

MetroList

APN: 228-0600-035