$705,000
SOLD AUG 30, 2024
4 Beds
2 Baths
1,840 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$383 Per Sq Ft

3% Below List Price

34 Days on Market

Highlights

  • Midcentury Modern Architecture
  • No HOA
  • Tile Flooring
  • Corner Lot
  • Fireplace
  • High Speed Internet

About This Home

As of August 2024

This mid-century duplex in South Land Park, situated on a corner lot in a great neighborhood, offers an exceptional investment opportunity. Each unit features 2 bedrooms, 1 bathroom, and 2 parking spaces. Clerestory windows bring in plenty of natural light while providing privacy, and fireplaces on each side create a homey feel. The front yard is xeriscaped, so no mower is needed! The breezeway and yard between the units make it feel like two single-family homes with no shared walls. The second yard is large enough to add an additional unit or create access for RV parking. Located just a block from Sutterville Elementary and less than a block away from the New Del Rio Bike Trail, this duplex is in close proximity to Land Park, Sprouts, the Zoo, Raley's shopping center, and has easy access to I-5, making this an ideal opportunity for both investors and owner-occupants alike.

Last Agent to Sell the Property

Rachel Siemering

Windermere Signature Properties LP License #01049891 Listed on: 07/10/2024

Windermere Signature Properties LP

Last Buyer's Agent

Beau Baker

House Real Estate License #02072288

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,073

Year Built

  • Built in 1954

Lot Details

  • 9,583 Sq Ft Lot
  • Corner Lot

Home Design

  • Duplex
  • Midcentury Modern Architecture
  • Slab Foundation
  • Elastomeric Roof

Interior Spaces

  • 1,840 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Laundry in unit

Kitchen

  • Free-Standing Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile
  • Vinyl

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 5 Parking Spaces
  • 1 Carport Space
  • 4 Open Parking Spaces

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected
  • Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 017-0192-024-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Vacant Units
  • Net Lease

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,073

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Subtype Description: House(s)
  • Property Subtype 1: Duplex
  • Year Built: 1954
  • Architectural Style: Mid-Century
  • Stories: 1
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Refrigerator, Dishwasher, Disposal, Varies By Unit, Free Standing Electric Range
  • Flooring: Tile, Laminate, Vinyl, Varies by Unit
  • Price Per Square Foot: 383.15
  • Square Footage: 1840.00

Exterior Features

  • Construction Materials: Block, Wood
  • Foundation: Slab
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 725000.00
  • Lot Features: Corner
  • New Construction: No
  • Pool: No
  • Roof: Elastomeric
  • Spa: No

Garage/Parking

  • Open Parking Spaces: 4.00
  • Carport Spaces: 1.00
  • Parking Features: Open, Carport, Covered
  • Total Parking Spaces: 5.00
  • Independent Parking Spaces: 5

Utilities

  • Security: Carbon Mon Detector, Double Strapped Water Heater, Smoke Detector
  • Sewer: In & Connected, Public Sewer
  • Utilities: Natural Gas Connected, City, Electric, Internet Available
  • Cooling: Wall Unit(s)
  • Heating: Fireplace(s), Wall Furnace
  • Laundry Features: Washer/Dryer Owned, In Each Unit
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: R-1-EA
  • Irrigation: None
  • Lot Size Acres: 0.2200
  • Lot Size Sq Ft: 9583.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Expiration Date: 1800-01-011800-01-01
  • Lease Type: Net

Multi Family

  • Income Includes: ["Other"]
  • Total Number Leasable: 2
  • Number of Units: 2
  • Number of Vacant Units: 2

Tax Info

  • Assessor Parcel Number: 017-0192-024-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2024
Closed on
Aug 26, 2024
Sold by
Sue Hing Yee Revocable Living Trust and Yee Sue Hing
Bought by
Baker Beau and Baker Jeanne
Seller's Agent
Rachel Siemering
Windermere Signature Properties LP
Buyer's Agent
Beau Baker
House Real Estate
List Price
$725,000
Sold Price
$705,000
Premium/Discount to List
-$20,000
-2.76%
Total Days on Market
34
Views
50
Current Estimated Value
$699,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,959
Avg. Annual Appreciation
-1.13%
Original Mortgage
$528,750
Outstanding Balance
$525,522
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$173,519

Purchase Details

Closed on
Mar 2, 2006
Sold by
Yee Sue H
Bought by
Yee Sue Hing and Sue Hing Yee Revocable Living

Purchase Details

Closed on
Nov 5, 2001
Sold by
Shepherd Daniel A and Shepherd Erika R
Bought by
Yee Sue H and Houghten Jeffrey L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,000
Interest Rate
6.67%

Purchase Details

Closed on
Aug 14, 2000
Sold by
Shepherd Patricia Anne and Shepherd Daniel A
Bought by
Shepherd Daniel A and Shepherd Erika R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,700
Interest Rate
8.16%

Purchase Details

Closed on
Nov 12, 1999
Sold by
Shepherd Patricia Anne
Bought by
Shepherd Patricia Anne and Shepherd Daniel A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,000
Interest Rate
7.76%

Purchase Details

Closed on
Oct 4, 1999
Sold by
Susan Marie Pedersen Ralph M and Susan Hawea
Bought by
Shepherd Patricia Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,000
Interest Rate
7.76%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $705,000 Placer Title
Interfamily Deed Transfer -- None Available
Grant Deed $223,000 Placer Title Company
Gift Deed -- Financial Title Company
Gift Deed -- --
Grant Deed $157,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $528,750 New Conventional
Previous Owner $259,000 Stand Alone First
Previous Owner $87,106 Credit Line Revolving
Previous Owner $178,000 No Value Available
Previous Owner $63,700 No Value Available
Previous Owner $67,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2024 08/30/24 Sold $705,000 -2.8% $383 / Sq Ft
08/13/2024 08/13/24 Pending -- -- --
08/06/2024 08/06/24 For Sale $725,000 +2.8% $394 / Sq Ft
07/29/2024 07/29/24 Off Market $705,000 -- --
07/22/2024 07/22/24 For Sale $725,000 0.0% $394 / Sq Ft
07/18/2024 07/18/24 Pending -- -- --
07/10/2024 07/10/24 For Sale $725,000 -- $394 / 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
2024 $4,073 $322,959 $86,888 $236,071
2023 $3,978 $316,628 $85,185 $231,443
2022 $3,910 $310,420 $83,515 $226,905
2021 $3,729 $304,334 $81,878 $222,456
2020 $3,756 $301,214 $81,039 $220,175
2019 $3,678 $295,308 $79,450 $215,858
2018 $3,583 $289,519 $77,893 $211,626
2017 $3,533 $283,843 $76,366 $207,477
2016 $3,456 $278,278 $74,869 $203,409
2015 $3,406 $274,099 $73,745 $200,354
2014 $3,317 $268,731 $72,301 $196,430
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 224075015

MetroList

APN: 017-0192-024