NOT LISTED FOR SALE

5400 Gibbons Dr Carmichael, CA 95608

Oakvale Neighborhood

Estimated Value: $559,000 - $614,921

4 Beds
2 Baths
1,776 Sq Ft
$334/Sq Ft Est. Value

Last Sold July 10, 2023

Last sale price $615,000 $346 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $3,718/month

46 Days on Market

Highlights

  • No HOA
  • Fenced Yard
  • Ceiling Fan
  • Winston Churchill Middle School Rated A-
  • 2 Car Attached Garage
  • 1-Story Property

About This Home

As of July 2023

Immediate Cash Flow Investment Property. Beautiful duplex in great location! Oversize Private yard. Lots of off street and on street parking. One unit backs up to Nature preserve, adjacent to a huge park, Montessori school. Spacious units with 2 bedrooms, 1 bathrooms, washer/dryer hook ups in each unit, single car garages with new automatic doors on each side, Large front and backyards fit for anything you desire, laminate floor, one car garage for each unit, easy freeway access and close to all of the amenities. Improvements vary in each unit. Located in San Juan School District, walking distance to food, shopping, public transit and easy freeway access. Unit #5404 one year lease. Rent is $2,400 - Handrails, outlets, counter, stove-cooktop and drains were installed in the vacant unit

Last Agent to Sell the Property

Tanya Curry

Coldwell Banker Realty License #01375328 Listed on: 04/28/2023

Coldwell Banker Realty

Last Buyer's Agent

Jaafar Mirlohi

Stonebrook Realty Group Inc. License #02051754

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964 | Remodeled

Lot Details

  • 0.34 Acre Lot
  • Fenced Yard

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex
  • Fixer Upper
  • Raised Foundation

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Laminate Flooring
  • Carbon Monoxide Detectors

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Utilities

  • Window Unit Cooling System
  • Wall Furnace
  • 220 Volts
  • Water Heater
  • Septic System

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 258-0040-039-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Leased Unit
  • 1 Vacant Unit
  • 1 Unit Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1964 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: House(s)
  • Property Subtype 1: Duplex
  • Stories: 1
  • Year Built: 1964
  • Architectural Style: Ranch
  • Stories: 1
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Laminate
  • Price Per Square Foot: 346.28

Exterior Features

  • Construction Materials: Wood
  • Exterior Features: Fenced Yard
  • Foundation: Raised
  • Listing Price: 599000.00
  • Lot Features: None
  • Property Condition: Fixer, Updated/Remodeled

Garage/Parking

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

Utilities

  • Security: Carbon Mon Detector, Double Strapped Water Heater
  • Sewer: Septic System
  • Utilities: Electric
  • Cooling: Ceiling Fan(s), Window Unit(s)
  • Electric: 220 Volts
  • Heating: Wall Furnace
  • Laundry Features: In Each Unit, Washer/Dryer Hookups
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: San Juan Unified

Lot Info

  • Zoning Description: RD-5
  • Irrigation: Public District
  • Lot Size Acres: 0.3400
  • Lot Size Sq Ft: 14810.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity
  • Lease Term: 12 Months
  • Total # Leasable: 2

Multi Family

  • Income Includes: Rent Only
  • Number of Leased Units: 1
  • Number of Month to Month Units: 1
  • Number of Units: 2
  • Number of Vacant Units: 1

Tax Info

  • Assessor Parcel Number: 258-0040-039-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2023
Closed on
Jul 7, 2023
Sold by
Ford David Z and Ford Tara
Bought by
Mirlohi Seyyed Jaafar and Mirlohi Seyyed Jaafar
Seller's Agent
Tanya Curry
Coldwell Banker Realty
Buyer's Agent
Jaafar Mirlohi
Stonebrook Realty Group Inc.
List Price
$599,000
Sold Price
$615,000
Premium/Discount to List
$16,000
2.67%
Views
106
Current Estimated Value
$593,230

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,770
Avg. Annual Appreciation
-1.44%
Original Mortgage
$603,860
Outstanding Balance
$586,497
Interest Rate
5.99%
Mortgage Type
FHA
Estimated Equity
$6,733

Purchase Details

Closed on
Apr 27, 2021
Sold by
Lemons Carolyn L and Lemons Revocable Living Trust
Bought by
Ford David Z and Ford Tara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,250
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 1995
Sold by
Lemons Lorrie L
Bought by
Lemons Gary S and Lemons Carolyn L

Purchase Details

Closed on
Aug 23, 1995
Sold by
Lemons Gary S and Lemons Carolyn L
Bought by
Lemons Gary S and Lemons Carolyn L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mirlohi Seyyed Jaafar $615,000 Fidelity National Title Compan
Ford David Z $465,000 First American Title Company
Lemons Gary S -- --
Lemons Gary S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mirlohi Seyyed Jaafar $603,860
Previous Owner Ford David Z $395,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/10/2023 07/10/23 Sold $615,000 +2.7% $346 / Sq Ft
06/13/2023 06/13/23 Pending -- -- --
06/09/2023 06/09/23 Price Changed $599,000 0.0% $337 / Sq Ft
06/09/2023 06/09/23 For Sale $599,000 -2.6% $337 / Sq Ft
05/30/2023 05/30/23 Pending -- -- --
05/15/2023 05/15/23 For Sale $615,000 0.0% $346 / Sq Ft
05/02/2023 05/02/23 Pending -- -- --
04/28/2023 04/28/23 For Sale $615,000 -- $346 / 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 $7,431 $627,299 $235,864 $391,435
2024 $7,431 $615,000 $231,240 $383,760
2023 $5,872 $483,786 $182,070 $301,716
2022 $5,754 $474,300 $178,500 $295,800
2021 $2,251 $184,207 $72,791 $111,416
2020 $2,209 $182,319 $72,045 $110,274
2019 $2,165 $178,745 $70,633 $108,112
2018 $2,140 $175,242 $69,249 $105,993
2017 $2,120 $171,807 $67,892 $103,915
2016 $1,980 $168,439 $66,561 $101,878
2015 $1,990 $165,910 $65,562 $100,348
2014 $1,949 $162,661 $64,278 $98,383
Source: Public Records

Agents Affiliated with this Home

  • Tanya Curry

    Seller's Agent in 2023

    Tanya Curry

    Coldwell Banker Realty

    (916) 698-9970

    1 in this area

    158 Total Sales

    Tanya Curry
    Section Image
  • Jaafar Mirlohi

    Buyer's Agent in 2023

    Jaafar Mirlohi

    Stonebrook Realty Group Inc.

    (206) 790-9070

    1 in this area

    22 Total Sales

    Jaafar Mirlohi
    Section Image
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Map

Source: MetroList

MLS Number: 223036096

MetroList

APN: 258-0040-039

California Sacramento County Carmichael 95608 Oakvale

5400 Gibbons Dr, Carmichael, CA

Not Listed for Sale

MultiFamily

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