NOT LISTED FOR SALE

Estimated Value: $576,996 - $666,000

4 Beds
4 Baths
2,010 Sq Ft
$309/Sq Ft Est. Value

Last Sold February 28, 2017

Last sale price $350,000 $174 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $3,699/month

8 Days on Market

Highlights

  • No HOA
  • Enclosed Patio or Porch
  • Central Heating and Cooling System
  • Winston Churchill Middle School Rated A-

About This Home

As of February 2017

Wonderful Duplex located in a nice neighborhood of single family homes in Carmichael! Corner of Nyoda Way and Gracey Way. Each unit has approximately 1000 sq ft with 2 bedrooms and 1.5 baths. One has attached 2-car garage; the other has a 1-car garage. Newer roof and fence. Tenants are month to month. Excellent rental income opportunity!

Last Agent to Sell the Property

Kathleen O'Neill

Coldwell Banker Realty License #01440748 Listed on: 02/06/2017

Coldwell Banker Realty

Last Buyer's Agent

Lynn Vockrodt

RE/MAX Gold Sierra Oaks License #01501909

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,830

Year Built

  • Built in 1978

Lot Details

  • 6,970

Parking

  • 2 Car Garage

Home Design

  • Duplex

Additional Features

  • 2-Story Property
  • Enclosed Patio or Porch
  • 6,970 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 258-0360-005-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 24 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,830

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1978
  • Stories: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher,Disposal,Free Standing Refrigerator
  • Flooring: Carpet,Tile,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Stucco,Wood,See Remarks
  • Disclosures/Documents: Rental/Lease Agmts,None
  • Listing Price: 318000.00
  • Patio And Porch Features: Enclosed Patio
  • Roof: Flat,See Remarks

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage,Street,Varies by Unit

Utilities

  • Security: Carbon Mon Detector,Guarded Gate,Smoke Detector
  • Cooling: Central
  • Heating: Central
  • Laundry Features: Washer/Dryer Owned,Washer/Dryer

Condo/Co-op/Association

  • Association Features: Patios/Balcony,Yard Space
  • Association: No

Schools

  • Senior High School District: San Juan Unified

Lot Info

  • Zoning Description: RD5
  • Lot Size Acres: 0.1600
  • Lot Size Sq Ft: 6970

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas
  • Total # Leasable: 2

Multi Family

  • Gross Income: 24600
  • Income Includes: Rent Only
  • Number of Leased Units: 2
  • Number of Month to Month Units: 24
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 258-0360-005-0000

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 15, 2018
Sold by
Gatling James R and Gatling Pamela A
Bought by
Gatling James R and Gatling Pamela A
Current Estimated Value
$621,499

Purchase Details

Listed on
Feb 6, 2017
Closed on
Feb 24, 2017
Sold by
Beard Paul J and Beard Ii Paul J
Bought by
Gatling James R and Gatling Pamela A
Seller's Agent
Kathleen O'Neill
Coldwell Banker Realty
Buyer's Agent
Lynn Vockrodt
RE/MAX Gold Sierra Oaks
List Price
$318,000
Sold Price
$350,000
Premium/Discount to List
$32,000
10.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.87%

Purchase Details

Closed on
Oct 28, 2009
Sold by
Kim Ha Choon
Bought by
Beard Paul J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,381
Interest Rate
5.02%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 16, 2004
Sold by
Kim Ha Choon
Bought by
Kim Ha Choon and Ha Choon Kim Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,000
Interest Rate
4.27%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 2, 2001
Sold by
Gracey James E and Gracey Shawn
Bought by
Herman Vincent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,400
Interest Rate
6.92%

Purchase Details

Closed on
Mar 6, 1997
Sold by
Gracey Nikki
Bought by
Gracey Shawn

Purchase Details

Closed on
Feb 21, 1997
Sold by
Gracey Mildred
Bought by
Gracey James E

Purchase Details

Closed on
Mar 9, 1994
Sold by
Gracey Mildred E
Bought by
Gracey James E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
5.25%
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
Gatling James R -- None Available
Gatling James R $350,000 Placer Title Company
Beard Paul J $255,000 Fidelity National Title Co
Kim Ha Choon -- Fidelity National Title Co
Kim Ha Choon -- First American Title Co
Kim Ha Choon -- First American Title Co
Kim Ha Choon $430,000 First American Title Co
Herman Vincent $183,000 First American Title Ins Co
Gracey Shawn -- Chicago Title Co
Gracey Ruth S -- Chicago Title Co
Gracey James E -- Chicago Title Co
Gracey James E -- Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kim Ha Choon $250,381
Previous Owner Kim Ha Choon $301,000
Previous Owner Herman Vincent $146,400
Previous Owner Gracey James E $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2017 02/28/17 Sold $350,000 +10.1% $174 / Sq Ft
02/13/2017 02/13/17 Pending -- -- --
02/05/2017 02/05/17 For Sale $318,000 -- $158 / 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 $4,830 $406,201 $116,056 $290,145
2024 $4,830 $398,237 $113,781 $284,456
2023 $4,754 $390,429 $111,550 $278,879
2022 $4,660 $382,774 $109,363 $273,411
2021 $4,583 $375,269 $107,219 $268,050
2020 $4,497 $371,422 $106,120 $265,302
2019 $4,407 $364,140 $104,040 $260,100
2018 $4,357 $357,000 $102,000 $255,000
2017 $3,501 $283,608 $92,310 $191,298
2016 $3,271 $278,048 $90,500 $187,548
2015 $3,259 $273,872 $89,141 $184,731
2014 $3,192 $268,508 $87,395 $181,113
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 17006271

MetroList

APN: 258-0360-005