NOT LISTED FOR SALE

Estimated Value: $663,000 - $699,691

4 Beds
4 Baths
2,196 Sq Ft
$308/Sq Ft Est. Value

Last Sold February 01, 2023

Last sale price $621,500 $283 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,239/month

93 Days on Market

Highlights

  • Contemporary Architecture
  • No HOA
  • Fireplace
  • Vaulted Ceiling
  • Fenced Yard
  • Double Pane Windows

About This Home

As of February 2023

Excellent investment opportunity on this prime duplex located in the heart of Carmichael. Convenient and high demand location close to Carmichael Park, restaurants and shopping. Each unit is 2 bedrooms, 2 full bathrooms with central heat & a/c, fireplaces, attached 1-car garages and spacious backyards. Both units approximately 1100 square feet with vaulted ceilings and are symmentrical. Please make offer subject to inspection of both units.

Last Agent to Sell the Property

Ron Murphy

Century 21 Select Real Estate License #00792349 Listed on: 08/16/2022

Century 21 Select Real Estate

Last Buyer's Agent

Michael Buniak

Dynasty Real Estate License #02090900

Dynasty Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,580

Year Built

  • Built in 1981

Lot Details

  • 9,962 Sq Ft Lot
  • Fenced Yard
  • Level Lot

Parking

  • 2 Car Garage
  • 2 Open Parking Spaces

Home Design

  • Duplex
  • Contemporary Architecture
  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1-Story Property
  • Vaulted Ceiling
  • Fireplace
  • Double Pane Windows

Kitchen

  • Free-Standing Electric Oven
  • Free-Standing Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Linoleum

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • Natural Gas Connected
  • Property is located within a water district
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 258-0221-004-0000

Community Details

Overview

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

Building Details

  • 2 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,580

Year Built

Built in 1981

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Class A Building
  • Property Subtype 1: Duplex
  • Stories: 1
  • Year Built: 1981
  • Architectural Style: Contemporary
  • Levels: One
  • Stories: 1
  • Subdivision: Gaylen Terrace
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Gas Water Heater, Dishwasher, Disposal, Free Standing Electric Oven, Free Standing Electric Range
  • Interior Amenities: Vaulted Ceiling(s)
  • Flooring: Carpet, Linoleum
  • Price Per Square Foot: 283.01
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Stucco, Wood Siding
  • Disclosures/Documents: Preliminary Title Report, CC&Rs, Seller Subject to TDS
  • Exterior Features: Fenced Yard, Yard Space
  • Foundation: Slab
  • Listing Price: 635000.00
  • Lot Features: Shape Regular, Curbs/Gutters
  • Roof: Composition
  • Topography: Level

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: Cable Available, Natural Gas Connected, Electric
  • Cooling: Central
  • Electric: 220 Volts
  • Heating: Central, Fireplace(s)
  • Laundry Features: In Each Unit, Washer/Dryer Hookups
  • Water Source: Water District, Public
  • Separate Meters: Electricity,Gas,Water

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: San Juan Unified

Lot Info

  • Zoning Description: RD-10
  • Irrigation: Public District
  • Lot Size Acres: 0.2287
  • Lot Dimensions: 77X134X78X135
  • Lot Size Sq Ft: 9962.00
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Gross Income: 38400
  • Income Includes: Rent Only
  • Number of Month to Month Units: 2
  • Number of Units: 2
  • Units Furnished: None
  • Two Bedrooms Occupied: 2

Tax Info

  • Assessor Parcel Number: 258-0221-004-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2022
Closed on
Jan 13, 2023
Sold by
Jerold And Marilyn Lipson Living Trust
Bought by
Ziayee Ahmad and Ziayee Khadijah
Seller's Agent
Ron Murphy
Century 21 Select Real Estate
Buyer's Agent
Michael Buniak
Dynasty Real Estate
List Price
$635,000
Sold Price
$621,500
Premium/Discount to List
-$13,500
-2.13%
Views
46
Current Estimated Value
$658,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,237
Avg. Annual Appreciation
3.39%
Original Mortgage
$600,067
Outstanding Balance
$581,698
Interest Rate
6.27%
Mortgage Type
FHA
Estimated Equity
$94,226

Purchase Details

Closed on
Nov 22, 2019
Sold by
Lipson Jerold and Lipson Marilyn
Bought by
Lipson Jerold H and Lipson Marilyn S
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
Ziayee Ahmad $621,500 Fidelity National Title Compan
Ziayee Ahmad $621,500 Fidelity National Title Compan
Lipson Jerold H -- None Available
Lipson Jerold H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ziayee Ahmad $600,067
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2023 02/01/23 Sold $621,500 -2.1% $283 / Sq Ft
11/17/2022 11/17/22 Pending -- -- --
08/16/2022 08/16/22 For Sale $635,000 -- $289 / 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 $7,580 $646,608 $193,982 $452,626
2024 $7,580 $633,930 $190,179 $443,751
2023 $2,501 $204,954 $58,550 $146,404
2022 $2,452 $200,936 $57,402 $143,534
2021 $2,411 $196,997 $56,277 $140,720
2020 $2,367 $194,978 $55,700 $139,278
2019 $2,319 $191,156 $54,608 $136,548
2018 $2,293 $187,409 $53,538 $133,871
2017 $2,271 $183,736 $52,489 $131,247
2016 $2,122 $180,134 $51,460 $128,674
2015 $2,129 $177,430 $50,688 $126,742
2014 $2,085 $173,956 $49,696 $124,260
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 222095349

MetroList

APN: 258-0221-004