NOT LISTED FOR SALE

5028 Thurman Way Sacramento, CA 95824

Lemon Hill Neighborhood

Estimated Value: $370,000 - $401,558

2 Beds
2 Baths
576 Sq Ft
$666/Sq Ft Est. Value

Last Sold February 01, 2022

Last sale price $311,500 $541 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,437/month

63 Days on Market

About This Home

As of February 2022

Investment property with cash-flow. Attractive returns. Rare finding a duplex under $350k in the Sacramento region. This is a great opportunity for ownership and cash-flow. Potential value add property. Near plenty of shopping!

Last Agent to Sell the Property

Maurice Thomas

eXp Realty of California Inc. License #01860609 Listed on: 10/11/2021

eXp Realty of California Inc.

Last Buyer's Agent

Roop Dhillon

Stone Real Estate License #01992562

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,863

Year Built

  • 1949

Lot Details

  • 7,841

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,863

Year Built

1949

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Flats
  • Property Sub Type: Duplex
  • CapRate: 4.75
  • Directions: heading towords Fruitrige south, right on Sampson then left on Thurman Way.
  • Building Stories: 1
  • Special Features: None
  • Stories: 1
  • Year Built: 1949

Interior Features

  • Appliances: Built-In Electric Range
  • Price Per Square Foot: 270.40
  • Flooring: Carpet, Tile, Laminate
  • Number Of Buildings: 1
  • Stories: 1

Exterior Features

  • Roof: Composition
  • Foundation Details: Raised
  • Construction Type: Wood
  • Disclosures: Seller Subject to TDS
  • Lot Features: Corner

Garage/Parking

  • Parking Features: Street, Garage
  • Total Parking Spaces: 3.00

Utilities

  • Cooling: Varies by Unit
  • Heating: Wall Furnace
  • Utilities Expenses: 1800
  • Laundry Features: Washer/Dryer Owned, Washer/Dryer Hookups
  • Security: Carbon Mon Detector, Fire Alarm
  • Sewer: Public Sewer
  • Utilities: Other
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Sacramento Unified

Lot Info

  • Lot Size Sq Ft: 7863.00
  • Zoning Description: RD-10

Rental Info

  • Total # Leasable: 2
  • Lease Term: Month To Month
  • Tenant Pays: Cable TV, Electricity, Gas

Tax Info

  • Bonds/Assessments/Taxes Description: Local Assessments
  • Bonds/Assessments/Taxes: Yes

Multi Family

  • One Bedroom Annual Occupancy: 100
  • One Bedrooms Occupied: 2
  • 1 Bedroom Rent Range: 925-975
  • Annual Gross Income: 22600
  • Income Includes: Rent Only
  • Insurance Expense: 360
  • Property Net Operating Income: 16850
  • Number Of Units Leased: 2
  • Number of Month to Month Units: 2
  • Number Of Units Total: 2
  • Annual Operating Expense: 3590

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2021
Closed on
Jan 5, 2022
Sold by
Williams Blaine
Bought by
Sharma Shaneil and Sharma Neha
Seller's Agent
Maurice Thomas
eXp Realty of California Inc.
Buyer's Agent
Roop Dhillon
Stone Real Estate
List Price
$355,000
Sold Price
$311,500
Premium/Discount to List
-$43,500
-12.25%
Current Estimated Value
$386,365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,865
Avg. Annual Appreciation
6.12%
Original Mortgage
$232,500
Outstanding Balance
$215,015
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$168,875

Purchase Details

Listed on
Sep 24, 2019
Closed on
Jan 6, 2020
Sold by
Flores Ramiro
Bought by
Williams Blaine
Seller's Agent
Esperanza Garnica
Berkshire Hathaway Home Services Elite Real Estate
Buyer's Agent
Maurice Thomas
eXp Realty of California Inc.
List Price
$250,000
Sold Price
$250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.44%
Original Mortgage
$187,500
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 6, 2018
Closed on
Aug 28, 2018
Sold by
Stith Leland and Gallardo Family Revocable Trus
Bought by
Flores Ramiro
Seller's Agent
Robert Peterson
KW Sac Metro
Buyer's Agent
Robert Peterson
KW Sac Metro
List Price
$225,000
Sold Price
$213,000
Premium/Discount to List
-$12,000
-5.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.12%

Purchase Details

Closed on
Jul 2, 2004
Sold by
Gallardo Joseph R and Gallardo Sandra J
Bought by
Gallardo Joseph R and Gallardo Sandra J

Purchase Details

Closed on
Nov 8, 1996
Sold by
Trus Theresa R Gallardo Revocable Living and Gallardo Joseph R
Bought by
Gallardo Joseph R and Gallardo Sandra J
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
Sharma Shaneil $311,500 North American Title
Williams Blaine $250,000 Cornerstone Title Company
Flores Ramiro $213,000 Placer Title
Gallardo Joseph R -- --
Gallardo Joseph R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sharma Shaneil $232,500
Previous Owner Williams Blaine $187,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2022 02/01/22 Sold $311,500 0.0% $541 / Sq Ft
01/01/2022 01/01/22 Off Market $311,500 -- --
12/13/2021 12/13/21 Pending -- -- --
10/11/2021 10/11/21 For Sale $355,000 +42.0% $616 / Sq Ft
01/23/2020 01/23/20 Sold $250,000 0.0% $192 / Sq Ft
11/12/2019 11/12/19 Pending -- -- --
09/24/2019 09/24/19 For Sale $250,000 +17.4% $192 / Sq Ft
08/30/2018 08/30/18 Sold $213,000 -5.3% $164 / Sq Ft
08/14/2018 08/14/18 For Sale $225,000 0.0% $173 / Sq Ft
08/10/2018 08/10/18 Pending -- -- --
08/09/2018 08/09/18 Pending -- -- --
08/06/2018 08/06/18 For Sale $225,000 -- $173 / 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 $3,863 $330,564 $95,508 $235,056
2024 $3,863 $324,084 $93,636 $230,448
2023 $3,774 $317,730 $91,800 $225,930
2022 $3,093 $257,640 $56,680 $200,960
2021 $2,949 $252,589 $55,569 $197,020
2020 $2,603 $217,260 $56,100 $161,160
2019 $2,549 $213,000 $55,000 $158,000
2018 $3,543 $175,000 $45,000 $130,000
2017 $654 $46,427 $9,478 $36,949
2016 $603 $45,518 $9,293 $36,225
2015 $596 $44,835 $9,154 $35,681
2014 $581 $43,963 $8,979 $34,984
Source: Public Records

Agents Affiliated with this Home

  • Maurice Thomas

    Seller's Agent in 2022

    Maurice Thomas

    eXp Realty of California Inc.

    (415) 705-9405

    1 in this area

    24 Total Sales

    Section Image

  • R

    Buyer's Agent in 2022

    Roop Dhillon

    Stone Real Estate

    (408) 489-5108

    1 in this area

    47 Total Sales

    Section Image
  • Esperanza Garnica

    Seller's Agent in 2020

    Esperanza Garnica

    Berkshire Hathaway Home Services Elite Real Estate

    (916) 586-6868

    10 Total Sales

    Section Image
  • Robert Peterson

    Seller's Agent in 2018

    Robert Peterson

    KW Sac Metro

    (916) 420-6508

    4 in this area

    96 Total Sales

    Section Image
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Map

Source: MetroList

MLS Number: 221130284

MetroList

APN: 026-0172-001

California Sacramento County Sacramento 95824 Lemon Hill

5028 Thurman Way, Sacramento, CA

This home is located at 5028 Thurman Way, Sacramento, CA 95824 since 11 October 2021 and is currently estimated at $383,890, approximately $666 per square foot. This property was built in 1949. 5028 Thurman Way is a home located in Sacramento County with nearby schools including Ethel I. Baker Elementary School, Will C. Wood Middle School, and Hiram W. Johnson High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MetroList IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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