NOT LISTED FOR SALE

Estimated Value: $294,000 - $861,000

8 Beds
4 Baths
2,600 Sq Ft
$229/Sq Ft Est. Value

Last Sold January 14, 2013

Last sale price $215,000 $83 Per Sq Ft

Est. 177% increase in value since last sale

Current estimated payment $3,478/month

3 Days on Market

Highlights

  • No HOA
  • Double Pane Windows
  • Patio

About This Home

As of January 2013

Great investment opportunity! Updated Fourplex with large Two-bedroom/ One-bathroom Units. Solid rental and excellent cash flow. Newer roof, HVAC units and dual-pane windows. Units have enclosed garages. Contact Listing Agent for actual operating data. Not a short sale or an REO. Buyer to coop with Seller on a 1031 exchange at no cost to Buyer. Need 24 hour notice to show units.

Last Agent to Sell the Property

David Vierra

Heritage Land Company License #01051394 Listed on: 12/06/2012

Last Buyer's Agent

Neil Morrison

Sac Platinum Realty License #01323402

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,694

Year Built

  • Built in 1965

Lot Details

  • 5,227

Parking

  • 4 Car Garage

Home Design

  • Quadruplex
  • Split Level Home
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Double Pane Windows

Additional Features

  • Patio
  • 5,227 Sq Ft Lot
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable tv electricity
  • Assessor Parcel Number 048-0231-008-0000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 3 Leased Units
  • 1 Vacant Unit
  • 4 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,694

Year Built

Built in 1965

Lot Details

0

Parking

4

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1965
  • Architectural Style: Ranch
  • Levels: MultiSplit
  • Stories: 2
  • Number of Two Bedroom Units: 4
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Electric Range,Free Standing Refrigerator
  • Flooring: Carpet,Tile,Linoleum/Vinyl
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Frame,Stone,Wood
  • Disclosures/Documents: CC&Rs,Natural Hazard Disclosure Available,Rental/Lease Agmts,Transfer Disclosure Statement
  • Listing Price: 210000.00
  • Patio And Porch Features: Uncovered Patio
  • Roof: Composition

Garage/Parking

  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Parking Features: Garage,1 Space Per Unit

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Utilities: Cable Available
  • Cooling: Central,MultiUnits
  • Heating: Central,MultiUnits

Condo/Co-op/Association

  • Association Features: Patios/Balcony,Separate Laundry Facility
  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: R3
  • Lot Size Acres: 0.1200
  • Lot Dimensions: 96x52
  • Lot Size Sq Ft: 5227

Rental Info

  • Tenant Pays: Cable TV,Electricity
  • Total # Leasable: 4

Multi Family

  • Gross Income: 33600
  • Income Includes: Rent Only
  • Number of Leased Units: 3
  • Number of Month to Month Units: 4
  • Number of Units: 4
  • Number of Vacant Units: 1
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 048-0231-008-0000

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2012
Closed on
Jan 7, 2013
Sold by
Haws Miriam Annette
Bought by
Sherif Ezzedin and Rayez Kaltoum
Seller's Agent
David Vierra
Heritage Land Company
Buyer's Agent
Neil Morrison
Sac Platinum Realty
List Price
$210,000
Sold Price
$215,000
Premium/Discount to List
$5,000
2.38%
Current Estimated Value
$595,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$380,076
Avg. Annual Appreciation
9.07%
Original Mortgage
$161,250
Interest Rate
3.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2011
Sold by
Pezcon Ventures Inc
Bought by
Haws Miriam Annette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
4.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 2010
Sold by
Gmac Mortgage Llc
Bought by
Pezcon Ventures Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,000
Interest Rate
4.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 17, 2010
Sold by
Cardona Armida
Bought by
Gmac Mortgage Llc and Gmac Mortgage Corporation

Purchase Details

Closed on
Jul 24, 2006
Sold by
Henson David A and David A Henson Revocable Trust
Bought by
Cardona Armida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
3%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Feb 3, 2004
Sold by
Henson David A
Bought by
Henson David A and David A Henson Revocable Trust
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
Sherif Ezzedin $215,000 Placer Title Company
Haws Miriam Annette $160,000 Old Republic Title Company
Pezcon Ventures Inc $116,000 Fidelity National Title Co
Gmac Mortgage Llc $123,250 Accommodation
Cardona Armida $495,000 Financial Title Company
Henson David A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sherif Ezzedin $100,000
Closed Sherif Ezzedin $161,250
Previous Owner Haws Miriam Annette $120,000
Previous Owner Pezcon Ventures Inc $127,000
Previous Owner Cardona Armida $396,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2013 01/14/13 Sold $215,000 +2.4% $83 / Sq Ft
12/09/2012 12/09/12 Pending -- -- --
12/06/2012 12/06/12 For Sale $210,000 -- $81 / 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 $3,694 $264,745 $78,806 $185,939
2024 $3,694 $259,555 $77,261 $182,294
2023 $3,592 $254,467 $75,747 $178,720
2022 $3,557 $249,478 $74,262 $175,216
2021 $3,386 $244,587 $72,806 $171,781
2020 $3,392 $242,080 $72,060 $170,020
2019 $3,323 $237,335 $70,648 $166,687
2018 $3,237 $232,682 $69,263 $163,419
2017 $3,180 $228,120 $67,905 $160,215
2016 $3,032 $223,648 $66,574 $157,074
2015 $2,974 $220,289 $65,574 $154,715
2014 $2,916 $215,975 $64,290 $151,685
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 12071090

MetroList

APN: 048-0231-008