NOT LISTED FOR SALE

Estimated Value: $796,000 - $950,000

4 Beds
2 Baths
2,214 Sq Ft
$398/Sq Ft Est. Value

Last Sold September 28, 2021

Last sale price $733,000 $331 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $5,555/month

4 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Patio
  • Miwok Middle School Rated A-
  • Fenced Yard
  • 4-minute walk to Stanford Park

About This Home

As of September 2021

Charming 4 bedroom, 2 bath Investment, or owner-occupied, opportunity in the highly coveted Midtown New Era Park Neighborhood. Each 2 bdrm, 1 bath flat (1,107 sq. ft.) features hardwood floors, formal living & dining rooms, built-in cabinetry, generous closets & added storage space in the basement, as well as separate laundry rooms & CH&A. There's also a shared quaint backyard patio, perfect for enjoying your early morning coffee or tea. If you love to walk, or even ride your bike, you're just minutes from all of your favorite restaurants, bars, coffee shops, art galleries, and DOCO.

Last Agent to Sell the Property

Tiphanne Crowe

Coldwell Banker Realty License #01475681 Listed on: 09/03/2021

Coldwell Banker Realty

Last Buyer's Agent

Terri Abbaszadeh

Reliant Realty Inc. License #01851120

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,096

Year Built

  • Built in 1914

Lot Details

  • 3,049 Sq Ft Lot
  • Fenced Yard

Parking

  • 1 Car Garage
  • On-Street Parking
  • Open Parking

Home Design

  • Duplex
  • Raised Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Basement Storage

Kitchen

  • Built-In Gas Oven
  • Built-In Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Window Unit Cooling System
  • 220 Volts
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Assessor Parcel Number 003-0154-002-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • New Era Park Subdivision

Building Details

  • 2 Leased Units
  • Insurance Expense $1,325
  • Maintenance Expense $1,440
  • Professional Management Expense $2,160
  • Net Operating Income $31,743

Security

  • Building Fire Alarm

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,096

Year Built

Built in 1914

Lot Details

0

Parking

1

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Apartments,Flats
  • Property Subtype 1: Duplex
  • Stories: 2
  • Year Built: 1914
  • Levels: 0
  • Stories: 2
  • Subdivision: New Era Park
  • Number of Two Bedroom Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Refrigerator, Built-In Gas Oven, Gas Water Heater, Built-In Gas Range, Dishwasher, Disposal
  • Flooring: Carpet, Tile, Wood, Varies by Unit
  • Basement: Storage Area, Unfinished
  • Price Per Square Foot: 331.07

Exterior Features

  • Construction Materials: Stucco, Frame, Wood
  • Exterior Features: Fenced Yard
  • Foundation: Raised
  • Listing Price: 725000.00
  • Lot Features: Curbs/Gutters, Sidewalk, Other
  • Patio And Porch Features: Uncovered Patio
  • Roof: Shingle, Composition

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Open, Detached, Street, Garage, Varies by Unit
  • Total Parking Spaces: 1

Utilities

  • Security: Carbon Mon Detector, Double Strapped Water Heater, Fire Alarm, Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Cable Available, Internet Available
  • Cooling: Central, Window Unit(s)
  • Electric: 220 Volts
  • Heating: Central
  • Laundry Features: In Each Unit, Washer/Dryer Hookups
  • Water Source: Public
  • Utilities Expenses: 3072

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: R-1B-5
  • Irrigation: See Remarks
  • Lot Size Acres: 0.0700
  • Lot Size Sq Ft: 3049

Rental Info

  • Tenant Pays: Cable TV, Electricity, Other
  • Lease Term: Less Than 12 Months
  • Total # Leasable: 2

Multi Family

  • Gross Income: 43740
  • Income Includes: Rent Only
  • Insurance Expense: 1325
  • Maintenance Expense: 1440
  • Number of Leased Units: 2
  • Number of Units: 2
  • Units Furnished: None
  • Two Bedroom Annual Occupancy: 100
  • Two Bedrooms Occupied: 2

Tax Info

  • Assessor Parcel Number: 003-0154-002-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2021
Closed on
Sep 24, 2021
Sold by
Ratinoff Eric and Ratinoff Patrice
Bought by
Asnaashari Paiyuam
Seller's Agent
Tiphanne Crowe
Coldwell Banker Realty
Buyer's Agent
Terri Abbaszadeh
Reliant Realty Inc.
List Price
$725,000
Sold Price
$733,000
Premium/Discount to List
$8,000
1.1%
Current Estimated Value
$880,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,405
Avg. Annual Appreciation
4.42%
Original Mortgage
$623,050
Outstanding Balance
$569,395
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$298,645

Purchase Details

Closed on
Sep 1, 2006
Sold by
Ratinoff Eric J
Bought by
Ratinoff Eric and Ratinoff Patrice

Purchase Details

Closed on
Aug 6, 2003
Sold by
Ratinoff Eric J and Ratinoff Eric James
Bought by
Ratinoff Eric J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,000
Interest Rate
5.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 1, 1994
Sold by
Whisler Mark
Bought by
Ratinoff Eric James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,400
Interest Rate
7.38%
Source: Public Records

Range of Values:

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Average Value
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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
Asnaashari Paiyuam $733,000 First American Title Company
Asnaashari Paiyuam $733,000 First American Title Company
Ratinoff Eric -- None Available
Ratinoff Eric J -- Financial Title Company
Ratinoff Eric James $545,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Asnaashari Paiyuam $623,050
Closed Asnaashari Paiyuam $623,050
Previous Owner Ratinoff Eric J $158,000
Previous Owner Ratinoff Eric James $174,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2021 09/28/21 Sold $733,000 +1.1% $331 / Sq Ft
09/07/2021 09/07/21 Pending -- -- --
09/03/2021 09/03/21 For Sale $725,000 -- $327 / 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 $9,096 $777,863 $233,358 $544,505
2024 $9,096 $762,612 $228,783 $533,829
2023 $8,882 $747,660 $224,298 $523,362
2022 $8,733 $733,000 $219,900 $513,100
2021 $4,114 $342,285 $62,794 $279,491
2020 $4,145 $338,777 $62,151 $276,626
2019 $4,010 $332,135 $60,933 $271,202
2018 $3,906 $325,624 $59,739 $265,885
2017 $3,852 $319,240 $58,568 $260,672
2016 $3,783 $312,981 $57,420 $255,561
2015 $3,728 $308,281 $56,558 $251,723
2014 $3,630 $302,244 $55,451 $246,793
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 221111865

MetroList

APN: 003-0154-002