NOT LISTED FOR SALE

Estimated Value: $825,000 - $965,126

5 Beds
3 Baths
2,050 Sq Ft
$436/Sq Ft Est. Value

Sale Details

Date Sold: April 2, 2021

Last sale price $755,000 $368 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $5,458 / mo

6 Days on Market

Highlights

  • No HOA
  • Caleb Greenwood Elementary Rated A-
  • 1-Story Property

About This Home

As of April 2021

EAST SAC DUPLEX! 5200 Elvas Ave is a 3 bedroom/2 Bath unit, updated in 2018, and tenant is on a newly renewed lease at $2075/mo. 69 52nd Street is a 2 bedroom/1 bathroom unit, newly updated, vacant and ready for a new tenant or owner occupant. Great investment opportunity!

Last Agent to Sell the Property

Kyle Groves

Grow Properties License #01720537 Listed on: 03/02/2021

Last Buyer's Agent

Kyle Groves

Grow Properties License #01720537 Listed on: 03/02/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955 | Remodeled

Lot Details

  • 8,276 Sq Ft Lot

Parking

  • 2 Carport Spaces

Home Design

  • Duplex
  • Flat Roof Shape

Interior Spaces

  • 1-Story Property
  • Laminate Flooring

Utilities

  • Ductless Heating Or Cooling System
  • 220 Volts
  • Natural Gas Connected

Listing and Financial Details

  • Security Deposit $2,025
  • Tenant pays for cable tv electricity gas insurance
  • Assessor Parcel Number 004-0056-009-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Leased Unit
  • 1 Vacant Unit
  • Insurance Expense $1,500
  • Other Expense $1,800
  • Professional Management Expense $2,940

Property Details

Home Type

Multi-Family

Year Built

Built in 1955 | Remodeled

Lot Details

8,276 Sq Ft Lot

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Apartments
  • Property Subtype 1: Duplex
  • Year Built: 1955
  • Architectural Style: Mid-Century,Flat
  • Levels: One
  • Stories: 1
  • Number of Three Bedroom Units: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Range,Built-In Electric Range,Free Standing Refrigerator,Microwave,Dishwasher,Disposal
  • Flooring: Laminate

Exterior Features

  • Construction Materials: Stucco,Wood,Wood Siding
  • Exterior Features: Fenced Yard,Yard Space
  • Foundation: ConcreteGrid,Slab
  • Listing Price: 725000.00
  • Lot Features: Curbs/Gutters,Sidewalk,Landscape Back,Landscape Front
  • Property Condition: Updated/Remodeled
  • Roof: Flat

Garage/Parking

  • Carport Spaces: 2
  • Covered Parking Spaces: 2
  • Parking Features: Carport,Covered,Street

Utilities

  • Security: Carbon Mon Detector,Double Strapped Water Heater,Smoke Detector
  • Sewer: In & Connected
  • Utilities: Natural Gas Connected
  • Cooling: Ceiling Fan(s),Ductless
  • Electric: 220 Volts
  • Heating: Ductless
  • Laundry Features: Washer/Dryer Owned,In Each Unit
  • Water Source: Public
  • Separate Meters: Electricity,Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: R-1
  • Irrigation: Public District
  • Lot Size Acres: 0.1900
  • Lot Size Sq Ft: 8276

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas,Insurance
  • Total Deposit: 2025
  • Lease Term: 12 Months
  • Total # Leasable: 1

Multi Family

  • Income Includes: Rent Only
  • Insurance Expense: 1500
  • Number of Leased Units: 1
  • Number of Units: 2
  • Number of Vacant Units: 1

Tax Info

  • Assessor Parcel Number: 004-0056-009-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2021
Sold by
Ranganathan Kandhavel and Govindaswamy Mohana Priya
Bought by
Ranganathan Kandhavel and Govindaswamy Mohana Priya
Current Estimated Value
$877,832

Purchase Details

Listed on
Mar 2, 2021
Closed on
Apr 1, 2021
Sold by
Mccormick Amelia M and The Louise T Meraz Revocable T
Bought by
Ranganathan Kandhavel and Govindaswamy Mohana Priya
Seller's Agent
Kyle Groves
Grow Properties
Buyer's Agent
Kyle Groves
Grow Properties
List Price
$725,000
Sold Price
$755,000
Premium/Discount to List
$30,000
4.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.42%
Original Mortgage
$566,250
Outstanding Balance
$509,597
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$383,935

Purchase Details

Closed on
Jan 4, 2021
Sold by
Meraz Louise
Bought by
Meraz Louise T and The Louise T Meraz Revocable T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 6, 2003
Sold by
Meraz Louise T
Bought by
Meraz Louise T and Louise T Meraz Revocable Trust

Purchase Details

Closed on
Apr 11, 2000
Sold by
Meraz Louise T
Bought by
Meraz Louise T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
8.24%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ranganathan Kandhavel -- None Available
Ranganathan Kandhavel $755,000 Stewart Title Company
Meraz Louise T -- None Available
Meraz Louise -- Stewart Title Of Sacramento
Meraz Louise T -- --
Meraz Louise T -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ranganathan Kandhavel $566,250
Previous Owner Meraz Louise $305,000
Previous Owner Meraz Louise T $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/02/2021 04/02/21 Sold $755,000 +4.1% $368 / Sq Ft
03/08/2021 03/08/21 Pending -- -- --
03/02/2021 03/02/21 For Sale $725,000 -- $354 / Sq Ft
Source: MetroList

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 $9,642 $817,234 $378,850 $438,384
2024 $9,642 $801,211 $371,422 $429,789
2023 $9,416 $785,502 $364,140 $421,362
2022 $9,258 $770,100 $357,000 $413,100
2021 $1,069 $60,891 $15,813 $45,078
2020 $1,068 $60,267 $15,651 $44,616
2019 $1,049 $59,087 $15,345 $43,742
2018 $1,023 $57,930 $15,045 $42,885
2017 $1,009 $56,795 $14,750 $42,045
2016 $942 $55,682 $14,461 $41,221
2015 $928 $54,846 $14,244 $40,602
2014 $910 $53,782 $13,972 $39,810
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 221013140

MetroList

APN: 004-0056-009

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