NOT LISTED FOR SALE

Estimated Value: $571,000 - $603,000

4 Beds
2 Baths
1,826 Sq Ft
$319/Sq Ft Est. Value

Last Sold August 24, 2012

Last sale price $188,500 $103 Per Sq Ft

Est. 209% increase in value since last sale

Current estimated payment $3,398/month

32 Days on Market

Highlights

  • No HOA
  • Covered Patio or Porch
  • Central Heating and Cooling System
  • Rio Americano High School Rated A-
  • Double Pane Windows
  • 1-Story Property

About This Home

As of August 2012

GREAT DUPLEX FOR INVESTORS WITH POSITIVE CASH FLOW. BOTH UNITS CURRENTLY RENTED $875.00 A MONTH. PROPERTY LOCATED CLOSE TO NEARBY SHOPPING AND SCHOOLS.

Last Agent to Sell the Property

Sean Work

eXp Realty of California, Inc. License #01467712 Listed on: 06/08/2012

eXp Realty of California, Inc.

Last Buyer's Agent

John Tiner

Tiner Properties License #00548923

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,796

Year Built

  • Built in 1964

Lot Details

  • 7,405

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Double Pane Windows

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • 7,405 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 271-0222-031-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,796

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1964
  • Architectural Style: Ranch
  • Stories: 1
  • Number of Two Bedroom Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher,Disposal,Free Standing Gas Oven,Free Standing Gas Range,Free Standing Refrigerator
  • Flooring: Carpet,Linoleum/Vinyl
  • Window Features: Dual Pane Partial

Exterior Features

  • Construction Materials: Frame,Wood
  • Disclosures/Documents: CC&Rs,None
  • Listing Price: 199900.00
  • Patio And Porch Features: Covered Patio
  • Roof: Composition

Garage/Parking

  • Parking Features: Carport,Street,1 Space Per Unit

Utilities

  • Utilities: Cable Available
  • Cooling: Central
  • Heating: Central

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: 0.1700
  • Lot Dimensions: 0x0
  • Lot Size Sq Ft: 7405

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas

Multi Family

  • Gross Income: 21000
  • Income Includes: Rent Only
  • Existing Lease Type: See Remarks
  • Number of Leased Units: 2
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 271-0222-031-0000

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 13, 2014
Sold by
Zike Bruce H and Zike Linda M
Bought by
The Zike Family Trust
Current Estimated Value
$581,911

Purchase Details

Listed on
Jun 8, 2012
Closed on
Aug 16, 2012
Sold by
Zaslove Michael and Assad Bassam
Bought by
Zike Bruce H and Zike Linda M
Seller's Agent
Sean Work
eXp Realty of California, Inc.
Buyer's Agent
John Tiner
Tiner Properties
List Price
$214,900
Sold Price
$188,500
Premium/Discount to List
-$26,400
-12.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.86%
Original Mortgage
$141,375
Outstanding Balance
$97,990
Interest Rate
3.53%
Mortgage Type
New Conventional
Estimated Equity
$471,417

Purchase Details

Closed on
Aug 5, 2010
Sold by
Assad Leticia
Bought by
Assad Bassam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
4.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2010
Sold by
The Bank Of New York Mellon
Bought by
Zaslove Michael and Assad Bassam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
4.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2010
Sold by
Blaser Michael A
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Mar 30, 2008
Sold by
Blaser Michael Jason
Bought by
Blaser Michael A

Purchase Details

Closed on
May 6, 2005
Sold by
Blaser Michael A
Bought by
Blaser Michael A and Blaser Michael Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,900
Interest Rate
5.92%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 22, 2005
Sold by
Smith Robert J and Smith Melanie
Bought by
Blaser Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,900
Interest Rate
5.92%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 28, 2004
Sold by
Obrien John P and Obrien Susan B
Bought by
Smith Robert J and Smith Melanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,250
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage
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
The Zike Family Trust -- None Available
Zike Bruce H $188,500 Placer Title Company
Assad Bassam -- Landsafe Title
Zaslove Michael -- Landsafe Title
Zaslove Michael $162,000 Landsafe Title Co Inc
The Bank Of New York Mellon $148,050 None Available
Blaser Michael A -- None Available
Blaser Michael A -- --
Blaser Michael A $400,000 Alliance Title Company
Smith Robert J $295,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zike Bruce H $141,375
Previous Owner Zaslove Michael $121,500
Previous Owner Blaser Michael A $39,900
Previous Owner Smith Robert J $221,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2012 08/24/12 Sold $188,500 -12.3% $103 / Sq Ft
07/10/2012 07/10/12 Pending -- -- --
06/08/2012 06/08/12 For Sale $214,900 -- $118 / 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 $2,796 $232,111 $92,350 $139,761
2024 $2,796 $227,561 $90,540 $137,021
2023 $2,726 $223,100 $88,765 $134,335
2022 $2,710 $218,726 $87,025 $131,701
2021 $2,666 $214,438 $85,319 $129,119
2020 $2,618 $212,241 $84,445 $127,796
2019 $2,566 $208,081 $82,790 $125,291
2018 $2,534 $204,002 $81,167 $122,835
2017 $2,512 $200,003 $79,576 $120,427
2016 $2,349 $196,082 $78,016 $118,066
2015 $2,308 $193,138 $76,845 $116,293
2014 $2,260 $189,355 $75,340 $114,015
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 12036586

MetroList

APN: 271-0222-031