NOT LISTED FOR SALE

Estimated Value: $562,828 - $608,000

4 Beds
2 Baths
1,800 Sq Ft
$328/Sq Ft Est. Value

Last Sold September 08, 2020

Last sale price $398,000 $221 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $3,631/month

98 Days on Market

Highlights

  • Contemporary Architecture
  • No HOA
  • 1-Story Property
  • Rio Americano High School Rated A-

About This Home

As of September 2020

Charming Carmichael Duplex in a quiet street. This is the cheapest in Carmichael on the market. Each unit has 2 bed/1 bath. Currently rented, good tenants, lease ending in July 2020. Market rate rent is $1400-1500 pm per unit. Investors proforma 9%+ gross cap rate. Great for owner occupants (FHA/VA), live in one, rent out the other. AS-IS Sale.

Last Agent to Sell the Property

James Tan

Bethany Real Estate & Investments License #00825870 Listed on: 03/12/2020

Last Buyer's Agent

Deborah Austin

Keller Williams Realty License #01429175

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 6,098

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • Contemporary Architecture
  • Tar and Gravel Roof

Additional Features

  • 1-Story Property
  • 6,098 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for sewer trash collection water
  • Assessor Parcel Number 271-0221-003-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1964
  • Architectural Style: Contemporary
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Disposal,Free Standing Gas Oven,Free Standing Refrigerator,See Remarks
  • Other Equipment: None
  • Flooring: See Remarks

Exterior Features

  • Construction Materials: Frame,Wood
  • Disclosures/Documents: CC&Rs,Natural Hazard Disclosure Available,Rental/Lease Agmts
  • Listing Price: 398000.00
  • Roof: Tar/Gravel

Garage/Parking

  • Parking Features: Open,Street
  • Total Parking Spaces: 2

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Sewer: Public Sewer
  • Cooling: Ceiling Fan(s),Central
  • Heating: Central,See Remarks
  • Water Source: Public

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: San Juan Unified

Lot Info

  • Zoning Description: Duplex
  • Lot Size Acres: 0.1400
  • Lot Size Sq Ft: 6098

Rental Info

  • Tenant Pays: Sewer,Trash Collection,Water
  • Total # Leasable: 2

Multi Family

  • Income Includes: Rent Only,See Remarks
  • Number of Leased Units: 2
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 271-0221-003-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 8, 2021
Sold by
Lekker Life Llc
Bought by
Zhang Stephanie
Current Estimated Value
$589,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,250
Outstanding Balance
$355,391
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$234,552

Purchase Details

Listed on
Mar 12, 2020
Closed on
Sep 12, 2020
Sold by
Birkenstock Lauren E and Birkenstock Jason C
Bought by
Lekker Life Llc
Seller's Agent
James Tan
Bethany Real Estate & Investments
Buyer's Agent
Deborah Austin
Keller Williams Realty
List Price
$389,900
Sold Price
$398,000
Premium/Discount to List
$8,100
2.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.71%
Original Mortgage
$298,500
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 12, 2020
Closed on
Aug 27, 2020
Sold by
Hong Anna Sau Kuen and The Anna Sau Kuen Hong Revocab
Bought by
Birkenstock Lauren E and Birkenstock Jason C
Seller's Agent
James Tan
Bethany Real Estate & Investments
Buyer's Agent
Deborah Austin
Keller Williams Realty
List Price
$389,900
Sold Price
$398,000
Premium/Discount to List
$8,100
2.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,500
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 2003
Sold by
Hong Anna Sau Kuen
Bought by
Hong Anna Sau Kuen and Hong Anna Sau

Purchase Details

Closed on
Aug 25, 2003
Sold by
Hong Anna Sau Kuen and Hong Anna Sau
Bought by
Hong Anna Sau Kuen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 24, 2003
Sold by
Danielsen Eugene R and Danielsen Ann M
Bought by
Hong Anna Sau Kuen and Hong Anna Sau

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
5.72%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Zhang Stephanie $515,000 Fidelity National Title
Zhang Stephanie $515,000 Fidelity National Title Co
Lekker Life Llc -- None Available
Birkenstock Lauren E $398,000 Calatlantic Title Inc
Hong Anna Sau Kuen -- --
Hong Anna Sau Kuen -- Commonwealth Land Title
Hong Anna Sau Kuen $270,000 Alliance Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Stephanie $386,250
Closed Zhang Stephanie $386,250
Previous Owner Birkenstock Lauren E $298,500
Previous Owner Hong Anna Sau Kuen $195,000
Previous Owner Hong Anna Sau Kuen $189,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/08/2020 09/08/20 Sold $398,000 0.0% $221 / Sq Ft
07/31/2020 07/31/20 Off Market $398,000 -- --
06/18/2020 06/18/20 Pending -- -- --
03/14/2020 03/14/20 Price Changed $398,000 +2.1% $221 / Sq Ft
03/12/2020 03/12/20 For Sale $389,900 -- $217 / 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 $6,493 $546,521 $127,344 $419,177
2024 $6,493 $535,806 $124,848 $410,958
2023 $6,329 $525,300 $122,400 $402,900
2022 $6,295 $515,000 $120,000 $395,000
2021 $4,894 $398,000 $166,762 $231,238
2020 $4,366 $357,549 $149,639 $207,910
2019 $4,079 $333,900 $148,400 $185,500
2018 $3,880 $299,946 $149,973 $149,973
2017 $3,464 $277,728 $138,864 $138,864
2016 $3,089 $259,560 $129,780 $129,780
2015 $2,937 $247,200 $123,600 $123,600
2014 $2,848 $318,990 $133,502 $185,488
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 20015564

MetroList

APN: 271-0221-003