NOT LISTED FOR SALE

Estimated Value: $591,000 - $735,700

4 Beds
4 Baths
2,060 Sq Ft
$317/Sq Ft Est. Value

Last Sold February 01, 2018

Last sale price $422,000 $205 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $4,046/month

9 Days on Market

About This Home

As of February 2018

Wonderful Investment Opportunity, 2 Adjoining fourplex very nice and clean are for sale, 5640 53rd in the same gate is also for sale. High return rate! Both share some lawn and drive way.

Last Agent to Sell the Property

Helena Riley

Re/Max Premier Realty License #01369007 Listed on: 12/15/2017

Re/Max Premier Realty

Last Buyer's Agent

Colleen Sinkey

eXp Realty of California Inc. License #01238612

eXp Realty of California Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,832

Year Built

  • Built in 1950

Lot Details

  • 6,098 Sq Ft Lot

Parking

  • Open Parking

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Window Treatments
  • Carbon Monoxide Detectors

Utilities

  • Wall Furnace
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable tv electricity gas rent only
  • Assessor Parcel Number 026-0071-011-0000

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,832

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1950
  • Architectural Style: Cottage/Bungalow
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Electric Cook Top,Free Standing Gas Range
  • Flooring: Carpet,Laminate,Tile
  • Window Features: Window Coverings

Exterior Features

  • Construction Materials: Frame,Stucco
  • Disclosures/Documents: CC&Rs,Natural Hazard Disclosure Available,Rental/Lease Agmts,Transfer Disclosure Statement
  • Listing Price: 425000.00
  • Roof: Composition

Garage/Parking

  • Parking Features: Open

Utilities

  • Security: Carbon Mon Detector
  • Utilities: Cable Available
  • Cooling: Ceiling Fan(s),Wall Unit(s)
  • Heating: Wall Furnace
  • Laundry Features: Washer/Dryer Leased

Condo/Co-op/Association

  • Association Features: Yard Space
  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: rd
  • Lot Size Acres: 0.1400
  • Lot Size Sq Ft: 6098

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas,Rent Only
  • Total # Leasable: 4

Multi Family

  • Gross Income: 42000
  • Income Includes: Rent Only
  • Number of Leased Units: 4
  • Number of Month to Month Units: 4
  • Number of Units: 4
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 026-0071-011-0000

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 19, 2022
Sold by
Tsai Jerry J and Tsai Kimberlee R
Bought by
Jerry J Tsai And Kimberlee R Tsai Joint Revoc
Current Estimated Value
$650,035

Purchase Details

Listed on
Dec 15, 2017
Closed on
Jan 30, 2018
Sold by
Luong Johnny Tat and Luong Phong Jessica
Bought by
Tsai Jerry J and Tsai Kimberlee R
Seller's Agent
Helena Riley
Re/Max Premier Realty
Buyer's Agent
Colleen Sinkey
eXp Realty of California Inc.
List Price
$425,000
Sold Price
$422,000
Premium/Discount to List
-$3,000
-0.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.94%
Original Mortgage
$202,500
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 13, 2016
Closed on
Mar 6, 2017
Sold by
Harriman Christopher Silvio and Harriman William C
Bought by
Luong Johnny Tat and Luong Phong Jessica
Seller's Agent
Linda Wood
Dunnigan, REALTORS
Buyer's Agent
Helena Riley
Re/Max Premier Realty
List Price
$350,000
Sold Price
$325,000
Premium/Discount to List
-$25,000
-7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.11%
Original Mortgage
$243,750
Interest Rate
4.19%
Mortgage Type
Commercial

Purchase Details

Listed on
Apr 11, 2013
Closed on
Apr 28, 2013
Sold by
Vrooman Gary R
Bought by
Harriman William C
Seller's Agent
Jacob Worley
Worley Real Estate Inc.
Buyer's Agent
Jacob Worley
Worley Real Estate Inc.
List Price
$229,900
Sold Price
$236,000
Premium/Discount to List
$6,100
2.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.62%

Purchase Details

Closed on
Jan 28, 2009
Sold by
U S Bank National Association
Bought by
Vrooman Gary R

Purchase Details

Closed on
Jun 23, 2008
Sold by
Walker Sonji
Bought by
U S Bank Na and Csab 2006-4

Purchase Details

Closed on
Mar 1, 2006
Sold by
Gaylor Tina Marie and Marie B Valente Trust #1
Bought by
Walker Sonji

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.04%
Mortgage Type
Fannie Mae Freddie Mac
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
Jerry J Tsai And Kimberlee R Tsai Joint Revoc -- --
Tsai Jerry J $422,000 Placer Title Company
Luong Johnny Tat $325,000 Fidelity National Title Comp
Harriman William C $236,000 Placer Title Company
Vrooman Gary R $70,000 Stewart Title Of California
U S Bank Na $156,000 None Available
Walker Sonji $375,000 Alliance Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tsai Jerry J $265,000
Previous Owner Tsai Jerry J $202,500
Previous Owner Luong Johnny Tat $243,750
Previous Owner Vrooman Gary R $55,000
Previous Owner Walker Sonji $300,000
Previous Owner Walker Sonji $37,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2018 02/01/18 Sold $422,000 -0.7% $205 / Sq Ft
12/23/2017 12/23/17 Pending -- -- --
12/14/2017 12/14/17 For Sale $425,000 +30.8% $206 / Sq Ft
03/14/2017 03/14/17 Sold $325,000 -7.1% $158 / Sq Ft
01/03/2017 01/03/17 Pending -- -- --
11/06/2016 11/06/16 For Sale $350,000 +48.3% $170 / Sq Ft
04/30/2013 04/30/13 Sold $236,000 +2.7% $115 / Sq Ft
04/15/2013 04/15/13 Pending -- -- --
04/11/2013 04/11/13 For Sale $229,900 -- $112 / 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 $5,832 $480,158 $339,953 $140,205
2024 $5,832 $470,744 $333,288 $137,456
2023 $5,693 $461,514 $326,753 $134,761
2022 $5,596 $452,466 $320,347 $132,119
2021 $5,333 $443,595 $314,066 $129,529
2020 $5,372 $439,047 $310,846 $128,201
2019 $5,259 $430,439 $304,751 $125,688
2018 $4,099 $331,500 $234,702 $96,798
2017 $3,192 $250,402 $177,192 $73,210
2016 $3,073 $245,493 $173,718 $71,775
2015 $3,025 $241,806 $171,109 $70,697
2014 $2,949 $237,071 $167,758 $69,313
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 17077230

MetroList

APN: 026-0071-011