NOT LISTED FOR SALE

Estimated Value: $624,000 - $675,750

4 Beds
4 Baths
2,254 Sq Ft
$289/Sq Ft Est. Value

Last Sold June 16, 2022

Last sale price $590,000 $262 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,094/month

6 Days on Market

Highlights

  • Midcentury Modern Architecture
  • Fenced Yard
  • Central Heating and Cooling System
  • No HOA
  • 2 Car Attached Garage
  • Carpet

About This Home

As of June 2022

Excellent investment opportunity with this well-maintained and professionally managed Carmichael duplex! Sharp and tidy, this is a convenient and high-demand location. Each unit is 2 bedrooms, 2 full bathrooms, with an attached large 1-car garage -- they are essentially mirror images of each other. Spacious units flow nicely with lots of living space, big bedrooms, updated kitchen appliances, en-suite primary bedrooms, ample storage, private/fenced backyards. Both units have central heat & air. Located near shopping, public transportation, parks, schools, and restaurants. 5132 side pays $1466/mo rent + $50/mo toward utilities. 5136 side pays $1352/mo rent + $46/mo toward utilities. DO NOT DISTURB OCCUPANTS!

Last Agent to Sell the Property

Erin Stumpf

Coldwell Banker Realty License #01706589 Listed on: 05/17/2022

Coldwell Banker Realty

Last Buyer's Agent

Randall Ortiz

Zitro Real Estate Services License #01819298

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,422

Year Built

  • Built in 1969

Lot Details

  • 10,258 Sq Ft Lot
  • Fenced Yard

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces

Home Design

  • Duplex
  • Midcentury Modern Architecture
  • Flat Roof Shape
  • Raised Foundation
  • Frame Construction
  • Stucco

Interior Spaces

  • 1-Story Property
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Vinyl

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Central Heating and Cooling System
  • Property is located within a water district
  • Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 258-0225-016-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Gaylen Terrace Subdivision

Building Details

  • 2 Leased Units
  • 1 Unit Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,422

Year Built

Built in 1969

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Flats
  • Property Subtype 1: Duplex
  • Stories: 1
  • Year Built: 1969
  • Architectural Style: Mid-Century
  • Levels: One
  • Stories: 1
  • Subdivision: Gaylen Terrace
  • Number of Two Bedroom Units: 2
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl
  • Price Per Square Foot: 261.76

Exterior Features

  • Construction Materials: Stucco, Frame, Wood
  • Exterior Features: Fenced Yard, Yard Space
  • Foundation: Raised
  • Listing Price: 549900.00
  • Lot Features: Sidewalk
  • Roof: Flat

Garage/Parking

  • Open Parking Spaces: 2.00
  • Garage Spaces: 2.00
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 4.00

Utilities

  • Security: Carbon Mon Detector, Double Strapped Water Heater, Smoke Detector
  • Sewer: In & Connected, Public Sewer
  • Utilities: Electric
  • Cooling: Central
  • Heating: Central
  • Laundry Features: Washer/Dryer Hookups
  • Water Source: Water District

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: San Juan Unified

Lot Info

  • Zoning Description: RD-10
  • Irrigation: None
  • Lot Size Acres: 0.2355
  • Lot Dimensions: see parcel map
  • Lot Size Sq Ft: 10258.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, See Remarks
  • Lease Term: Varies By Unit
  • Total # Leasable: 2

Multi Family

  • Income Includes: Rent Only
  • Number of Leased Units: 2
  • Number of Month to Month Units: 1
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 258-0225-016-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 2, 2017
Sold by
Kothari Sneha
Bought by
Shah Umang
Current Estimated Value
$652,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,625
Outstanding Balance
$205,009
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$448,596

Purchase Details

Closed on
Jan 26, 2017
Sold by
Rae Karen and Naomi Timmerman Revocable Trus
Bought by
Lakshmanan Shah Umang and Lakshmanan Muthuraman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,625
Outstanding Balance
$205,009
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$448,596

Purchase Details

Closed on
Aug 3, 2010
Sold by
Timmerman Naomi R
Bought by
Timmerman Naomi and Naomi Timmerman Revocable Trus
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
Shah Umang -- Chicago Title Company
Muthuraman Lakshmanan -- Chicago Title Company
Lakshmanan Shah Umang $327,500 Chicago Title Company
Timmerman Naomi -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Muthuraman Lakshmanan $245,625
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2022 06/16/22 Sold $590,000 +7.3% $262 / Sq Ft
05/23/2022 05/23/22 Pending -- -- --
05/17/2022 05/17/22 For Sale $549,900 -- $244 / 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 $7,422 $626,110 $229,156 $396,954
2024 $7,422 $613,834 $224,663 $389,171
2023 $7,305 $601,799 $220,258 $381,541
2022 $4,354 $358,166 $131,236 $226,930
2021 $4,282 $351,144 $128,663 $222,481
2020 $4,202 $347,544 $127,344 $220,200
2019 $4,118 $340,731 $124,848 $215,883
2018 $4,071 $334,050 $122,400 $211,650
2017 $973 $77,776 $15,930 $61,846
2016 $910 $76,252 $15,618 $60,634
2015 $938 $75,108 $15,384 $59,724
2014 $920 $73,641 $15,083 $58,558
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 222063402

MetroList

APN: 258-0225-016