NOT LISTED FOR SALE

5401 Moddison Ave Sacramento, CA 95819

River Park Neighborhood

Estimated Value: $667,000 - $859,052

4 Beds
2 Baths
1,830 Sq Ft
$402/Sq Ft Est. Value

Last Sold July 27, 2020

Last sale price $580,000 $317 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $4,552/month

4 Days on Market

Highlights

  • No HOA
  • Covered Patio or Porch
  • 1-Story Property
  • Caleb Greenwood Elementary Rated A-
  • Double Pane Windows

About This Home

As of July 2020

Under a canopy of beautiful heritage trees (Carlson Dr. side cared for by the City) this spacious duplex is a winner. What an opportunity, use it as an investment property or live in one side. Always good rents. Just blocks from eateries, Caleb Greenwood School or the park. Hardwood floors, large bedrooms, living rooms w/fireplace, auto sprinklers, dual paned windows, newer roof and private yards make this a great value. See attached video (virtual tour #1) of occupied unit for a feel of the floor plan.

Last Agent to Sell the Property

David Kirrene

Dunnigan, REALTORS License #01115041 Listed on: 07/13/2020

Last Buyer's Agent

Non-MLS Member

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,870

Year Built

  • Built in 1951

Lot Details

  • 8,276

Parking

  • 6 Open Parking Spaces
  • 2 Car Garage

Home Design

  • Duplex
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Double Pane Windows

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • 220 Volts
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • 8,276 Sq Ft Lot

Listing and Financial Details

  • Security Deposit $1,500
  • Tenant pays for electricity gas
  • Assessor Parcel Number 005-0153-034-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • River Park Subdivision

Building Details

  • 1 Leased Unit
  • 1 Vacant Unit
  • Insurance Expense $681
  • Operating Expense $9,136

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,870

Year Built

Built in 1951

Lot Details

8,276 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1951
  • Architectural Style: Ranch
  • Stories: 1
  • Subdivision: River Park
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Electric Oven,Free Standing Electric Range,Gas Water Heater
  • Flooring: Laminate,Wood
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Frame,Stucco
  • Disclosures/Documents: CC&Rs,Rent Control,Rental/Lease Agmts,Structural Pest Control Report
  • Foundation: Raised
  • Listing Price: 599900.00
  • Patio And Porch Features: Covered Patio
  • Roof: Composition
  • View Description: Other

Garage/Parking

  • Open Parking Spaces: 6
  • Garage Spaces: 2
  • Parking Features: Garage,Street
  • Total Parking Spaces: 8

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Cooling: Wall Unit(s)
  • Electric: 220 Volts
  • Heating: Natural Gas,Wall Furnace
  • Water Source: Meter Required

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

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

Rental Info

  • Tenant Pays: Electricity,Gas
  • Total Deposit: 1500
  • Total # Leasable: 2

Multi Family

  • Operating Expense: 9136
  • Income Includes: Rent Only
  • Insurance Expense: 681
  • Number of Leased Units: 1
  • Number of Units: 2
  • Number of Vacant Units: 1
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 005-0153-034-0000
  • Current RE Taxes: 2870
  • Bonds/Assessments/Taxes Description: Transfer Tax City
  • Bonds/Assessments/Taxes: Yes

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2020
Closed on
Jul 29, 2020
Sold by
Sevier Elliot K and Sevier Dolores M
Bought by
Dawson Brian and Dawson Christy
Seller's Agent
David Kirrene
Dunnigan, REALTORS
Buyer's Agent
Non-MLS Member
Non-MLS Office
List Price
$599,900
Sold Price
$580,000
Premium/Discount to List
-$19,900
-3.32%
Current Estimated Value
$734,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,763
Avg. Annual Appreciation
4.27%

Purchase Details

Closed on
May 9, 2005
Sold by
Sevier Elliot K and Sevier Dolores M
Bought by
Sevier Elliot K and Sevier Dolores M
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
Dawson Brian $580,000 Stewart Title Of Sacramento
Sevier Elliot K -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2020 07/27/20 Sold $580,000 -3.3% $317 / Sq Ft
07/17/2020 07/17/20 Pending -- -- --
07/13/2020 07/13/20 For Sale $599,900 -- $328 / 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 $7,506 $627,809 $270,608 $357,201
2024 $7,506 $615,500 $265,302 $350,198
2023 $7,331 $603,432 $260,100 $343,332
2022 $7,208 $591,600 $255,000 $336,600
2021 $6,869 $580,000 $250,000 $330,000
2020 $2,915 $222,116 $45,505 $176,611
2019 $2,856 $217,762 $44,613 $173,149
2018 $2,783 $213,493 $43,739 $169,754
2017 $2,745 $209,308 $42,882 $166,426
2016 $2,640 $205,205 $42,042 $163,163
2015 $2,602 $202,124 $41,411 $160,713
2014 $2,537 $198,165 $40,600 $157,565
Source: Public Records

Agents Affiliated with this Home

  • David Kirrene

    Seller's Agent in 2020

    David Kirrene

    Dunnigan, REALTORS

    (916) 531-7495

    3 in this area

    86 Total Sales

    David Kirrene
    Section Image

  • N

    Buyer's Agent in 2020

    Non-MLS Member

    Non-MLS Office

See All Agents

Map

Source: MetroList

MLS Number: 20039802

MetroList

APN: 005-0153-034

California Sacramento County Sacramento 95819 River Park

5401 Moddison Ave, Sacramento, CA

Not Listed for Sale

MultiFamily

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