NOT LISTED FOR SALE

4915 Scarborough Way Sacramento, CA 95823

Estimated Value: $542,000 - $600,000

5 Beds
4 Baths
2,500 Sq Ft
$232/Sq Ft Est. Value

Last Sold September 01, 2022

Last sale price $520,000 $208 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,537/month

33 Days on Market

Highlights

  • No HOA
  • Fenced Yard
  • Tile Flooring
  • Covered Patio or Porch
  • 4 Car Attached Garage
  • Landscaped

About This Home

As of September 2022

SELLER OFFERING TO BUY DOWN YOUR INTEREST RATE BY $10K TO SAVE ABOUT 1% OFF YOUR LOAN, INTO THE 4% RANGE. RARE duplex setup featuring 3 beds with 2 beds on one side, 2 beds with 2 baths is VACANT on the other side. Market rents for the 3 bed/2 bath side could be $2,000 & $1,800 for the 2 bed/2bath side. See attached Rentometer rents for like-kind properties renting at an average for $1,710 for the 2/2 side & $2,113 for the 3/2 side; POTENTIAL 6.6-6.8% CAP RATE DUPLEX! Duplex shows & feels like a home with each side approximately 1250 square feet. This is not your typical duplex. One of a few duplexes in the whole neighborhood, does not look like a rental neighborhood! Vacant side is remodeled, perfect setup to live in one side & continue renting the other for residual income. Remodeled side has new: vinyl flooring, six-panel doors, & paint thorough-out whole interior. Blocks away from supermarkets, Charles Mack Elementary, Walgreens & WALKING DISTANCE TO KAISER HOSPITAL

Last Agent to Sell the Property

Rick Girvin

Re/Max Gold Fair Oaks License #01906876 Listed on: 06/15/2022

Re/Max Gold Fair Oaks

Co-Listed By

Vischa Savitri

Re/Max Gold Fair Oaks License #01432142

Last Buyer's Agent

Daniel Walker

Net Zero Realty License #01200126

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,013

Year Built

  • Built in 1971 | Remodeled

Lot Details

  • 8,712 Sq Ft Lot
  • Fenced Yard
  • Landscaped
  • Sprinklers on Timer

Parking

  • 4 Car Attached Garage
  • 4 Open Parking Spaces
  • Garage Door Opener
  • On-Street Parking

Home Design

  • Duplex
  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Window Treatments
  • Washer and Dryer Hookup

Kitchen

  • Built-In Gas Oven
  • Built-In Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Tile
  • Vinyl

Home Security

  • Window Bars
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • Natural Gas Connected
  • Property is located within a water district
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 118-0144-006-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units
  • Parkway Subdivision

Building Details

  • 1 Leased Unit
  • 1 Vacant Unit
  • 1 Unit Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,013

Year Built

Built in 1971 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: House(s)
  • Property Subtype 1: Duplex
  • Stories: 1
  • Year Built: 1971
  • Architectural Style: Ranch
  • Levels: One
  • Stories: 1
  • Subdivision: Parkway
  • Number of Two Bedroom Units: 1
  • Number of Three Bedroom Units: 1
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Gas Oven, Gas Water Heater, Built-In Gas Range, Dishwasher, Disposal
  • Flooring: Tile, Vinyl
  • Basement: None
  • Price Per Square Foot: 207.75
  • Window Features: Window Coverings

Exterior Features

  • Construction Materials: Stucco, Frame
  • Disclosures/Documents: Preliminary Title Report
  • Exterior Features: Fenced Yard, Yard Space
  • Foundation: Slab
  • Listing Price: 550000.00
  • Lot Features: Auto Sprinkler F&R, Curbs/Gutters, Sidewalk, Landscape Front
  • Patio And Porch Features: Covered Patio
  • Property Condition: Updated/Remodeled
  • Roof: Composition
  • Topography: Level,Trees Many

Garage/Parking

  • Open Parking Spaces: 4.00
  • Garage Spaces: 4.00
  • Parking Features: Attached, Street, Garage, Garage Door Opener
  • Total Parking Spaces: 8.00

Utilities

  • Security: Carbon Mon Detector, Double Strapped Water Heater, Smoke Detector, Window Security Bars
  • Sewer: In & Connected, Public Sewer
  • Utilities: Natural Gas Connected, Cable Connected, Electric, Internet Available
  • Cooling: Ceiling Fan(s), Central
  • Electric: 220 Volts
  • Heating: Central, Gas
  • Laundry Features: Washer/Dryer Hookups
  • Water Source: Water District, Meter on Site, Public
  • Separate Meters: Electricity,Gas,Water

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Elk Grove Unified

Lot Info

  • Zoning Description: R-1
  • Irrigation: None
  • Lot Size Acres: 0.2000
  • Lot Size Sq Ft: 8712.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Month To Month
  • Total # Leasable: 2

Multi Family

  • Income Includes: Rent Only
  • Number of Leased Units: 1
  • Number of Month to Month Units: 1
  • Number of Units: 2
  • Number of Vacant Units: 1

Tax Info

  • Assessor Parcel Number: 118-0144-006-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2022
Closed on
Oct 24, 2022
Sold by
Amaru Malika Assata
Bought by
Gemini Family Trust
Seller's Agent
Rick Girvin
Re/Max Gold Fair Oaks
Buyer's Agent
Daniel Walker
Net Zero Realty
List Price
$550,000
Sold Price
$520,000
Premium/Discount to List
-$30,000
-5.45%
Views
3
Current Estimated Value
$578,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,849
Avg. Annual Appreciation
3.46%

Purchase Details

Listed on
Jun 15, 2022
Closed on
Aug 2, 2022
Sold by
Lott Eanad J
Bought by
Amaru Malika Assata
Seller's Agent
Rick Girvin
Re/Max Gold Fair Oaks
Buyer's Agent
Daniel Walker
Net Zero Realty
List Price
$550,000
Sold Price
$520,000
Premium/Discount to List
-$30,000
-5.45%
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$502,645
Interest Rate
5.54%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 10, 2020
Sold by
Lott Eanad J
Bought by
Lott Eanad J and Cato Jason Alan

Purchase Details

Closed on
Dec 17, 2001
Sold by
Mireles Magdalena C
Bought by
Lott Eanad J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,214
Interest Rate
6.51%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 14, 2000
Sold by
Finley James A and Finley Mable
Bought by
Mireles Magdalena C
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
Gemini Family Trust -- --
Amaru Malika Assata $520,000 --
Lott Eanad J -- None Listed On Document
Lott Eanad J $200,000 Chicago Title Co
Mireles Magdalena C $180,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Amaru Malika Assata $502,645
Previous Owner Lott Eanad J $197,214
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2022 09/01/22 Sold $520,000 0.0% $208 / Sq Ft
09/01/2022 09/01/22 Off Market $520,000 -- --
07/27/2022 07/27/22 Off Market $520,000 -- --
07/18/2022 07/18/22 Pending -- -- --
07/01/2022 07/01/22 For Sale $550,000 0.0% $220 / Sq Ft
06/24/2022 06/24/22 Pending -- -- --
06/15/2022 06/15/22 For Sale $550,000 -- $220 / 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 $6,013 $541,008 $104,040 $436,968
2024 $6,013 $530,400 $102,000 $428,400
2023 $5,850 $520,000 $100,000 $420,000
2022 $5,968 $278,401 $69,596 $208,805
2021 $6,733 $272,943 $68,232 $204,711
2020 $6,887 $270,145 $67,533 $202,612
2019 $6,699 $264,849 $66,209 $198,640
2018 $6,518 $259,657 $64,911 $194,746
2017 $6,435 $254,567 $63,639 $190,928
2016 $6,211 $249,577 $62,392 $187,185
2015 $6,066 $245,829 $61,455 $184,374
2014 $6,040 $226,288 $56,570 $169,718
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 222078701

MetroList

APN: 118-0144-006