NOT LISTED FOR SALE

5037 Sugar Ln Carmichael, CA 95608

Mission Neighborhood

Estimated Value: $547,327 - $643,000

4 Beds
4 Baths
2,184 Sq Ft
$283/Sq Ft Est. Value

Last Sold October 02, 2017

Last sale price $359,000 $164 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $3,707/month

11 Days on Market

Highlights

  • No HOA
  • Skylights
  • 2 Car Garage
  • Rio Americano High School Rated A-
  • Central Heating
  • 1-Story Property

About This Home

As of October 2017

Great TURN KEY investment opportunity. Well Maintained Duplex in the heart of Carmichael. Spacious 2 Bed/2 bath units, with nice size back yards. Skylights add extra light to the units! Newer exterior paint, roof, and garage doors with automatic openers. Solid rental history. Long time tenants would like to stay.

Last Agent to Sell the Property

Sandy Bane

Windermere Signature Properties El Dorado Hills/Folsom License #01475734 Listed on: 08/10/2017

Windermere Signature Properties El Dorado Hills/Folsom

Last Buyer's Agent

Shelleylee Goold

Massey Advantage Inc. License #01975728

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,935

Lot Details

  • 5,611 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Skylights
  • Built-In Electric Range

Utilities

  • Central Heating
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable tv electricity
  • Assessor Parcel Number 256-0340-025-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,935

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Architectural Style: Contemporary,Tract
  • Stories: 1
  • Year Built Details: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Electric Range
  • Interior Amenities: Skylight(s)
  • Flooring: Carpet,Laminate

Exterior Features

  • Construction Materials: Wood
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,Roof Inspection,Transfer Disclosure Statement
  • Listing Price: 359000.00
  • Roof: Composition

Garage/Parking

  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Garage

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Utilities: Cable Available
  • Cooling: Ceiling Fan(s),Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: Laundry Hook-Up in Units
  • Association: No

Schools

  • Senior High School District: San Juan Unified

Lot Info

  • Zoning Description: RD30
  • Lot Size Acres: 0.1288
  • Lot Size Sq Ft: 5611

Rental Info

  • Tenant Pays: Cable TV,Electricity

Multi Family

  • Gross Income: 22500
  • Income Includes: Rent Only
  • Number of Month to Month Units: 2
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 256-0340-025-0000

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 9, 2023
Sold by
Brown Deborah G
Bought by
Larry And Debbie Brown Revocable Trust and Brown
Current Estimated Value
$601,877

Purchase Details

Listed on
Aug 10, 2017
Closed on
Sep 25, 2017
Sold by
Mallory Richard M
Bought by
Brown Larry L and Brown Deborah G
Seller's Agent
Sandy Bane
Windermere Signature Properties El Dorado Hills/Folsom
Buyer's Agent
Shelleylee Goold
Massey Advantage Inc.
List Price
$359,000
Sold Price
$359,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.13%
Original Mortgage
$207,200
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 1993
Sold by
Estep Carl and Estep Velma Lucille
Bought by
Mallory Richard M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
4.1%
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
Larry And Debbie Brown Revocable Trust -- None Listed On Document
Brown Larry L $362,500 Old Republic Title Company
Mallory Richard M $165,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Revocab Larry $150,000
Previous Owner Brown Larry L $207,200
Previous Owner Mallory Richard M $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2017 10/02/17 Sold $359,000 0.0% $164 / Sq Ft
08/15/2017 08/15/17 Pending -- -- --
08/04/2017 08/04/17 For Sale $359,000 -- $164 / 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 $4,935 $412,115 $124,869 $287,246
2024 $4,935 $404,035 $122,421 $281,614
2023 $4,810 $396,114 $120,021 $276,093
2022 $4,784 $388,348 $117,668 $270,680
2021 $4,706 $380,734 $115,361 $265,373
2020 $4,620 $376,831 $114,179 $262,652
2019 $4,528 $369,443 $111,941 $257,502
2018 $4,476 $362,200 $109,747 $252,453
2017 $3,044 $241,625 $73,214 $168,411
2016 $2,846 $236,888 $71,779 $165,109
2015 $2,797 $233,330 $70,701 $162,629
2014 $2,739 $228,761 $69,317 $159,444
Source: Public Records

Agents Affiliated with this Home

  • Sandy Bane

    Seller's Agent in 2017

    Sandy Bane

    Lyon Real Estate

    (916) 221-2735

    1 in this area

    16 Total Sales

    Section Image

  • S

    Buyer's Agent in 2017

    Shelleylee Goold

    Massey Advantage Inc.

    (916) 792-3508

    4 Total Sales

    Section Image
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Map

Source: MetroList

MLS Number: 17049840

MetroList

APN: 256-0340-025

California Sacramento County Carmichael 95608 Mission

5037 Sugar Ln, Carmichael, CA

This home is located at 5037 Sugar Ln, Carmichael, CA 95608 since 10 August 2017 and is currently estimated at $617,082, approximately $282 per square foot. 5037 Sugar Ln is a home located in Sacramento County with nearby schools including Starr King K-8, Rio Americano High School, and California Montessori Project-San Juan Campus 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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