NOT LISTED FOR SALE

5404 Olympic Way Sacramento, CA 95842

Estimated Value: $478,000 - $565,000

4 Beds
2 Baths
1,824 Sq Ft
$288/Sq Ft Est. Value

Last Sold October 16, 2020

Last sale price $422,500 $232 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,247/month

8 Days on Market

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • 4-minute walk to Foothill Community Park
  • No HOA
  • 1-Story Property

About This Home

As of October 2020

Great investment opportunity to own two 2bd/1ba units. One side of this duplex has already been completely remodeled and includes new laminate floors along with a bright kitchen that has all new appliances, new cabinetry and beautiful counter tops. Bathroom has also been completely redone with new shower and vanity, flooring, interior paint. Both sides have great vaulted ceilings in living rooms, granting a spacious feel. Both have their own private patios with low maintenance landscaping. You don't want to miss this opportunity for a great income generating property, investment. These units are located close to shopping, schools and walking distance from Foothill Community Park.

Last Agent to Sell the Property

Kristen Haus

Real Broker License #01970601 Listed on: 09/16/2020

Real Broker

Co-Listed By

Sabrina Fadel

Real Broker License #02035434

Last Buyer's Agent

Laura Shively

NextHome Premier Properties License #02064732

NextHome Premier Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,586

Year Built

  • Built in 1972

Lot Details

  • 8,561

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage
  • 1 Parking Space Included

Home Design

  • Duplex
  • Traditional Architecture
  • Slab Foundation
  • Composition Roof

Utilities

  • Central Heating and Cooling System
  • 220 Volts

Additional Features

  • 1-Story Property
  • 8,561 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for cable tv electricity gas grounds care insurance rent only
  • Assessor Parcel Number 222-0083-002-0000

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

Est. Annual Taxes

$5,586

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1972
  • Architectural Style: Traditional
  • Stories: 1
  • Number of Two Bedroom Units: 2
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Year Renovated: 2020

Interior Features

  • Appliances: Dishwasher,Disposal,Free Standing Gas Oven,Free Standing Gas Range,Gas Water Heater
  • Other Equipment: Low-Flow Toilet(s),Varies by Unit
  • Flooring: Carpet,Laminate,Varies by Unit
  • Window Features: Caulked/Sealed

Exterior Features

  • Construction Materials: Frame,Wood
  • Disclosures/Documents: Seller Property Questionnaire,Transfer Disclosure Statement
  • Foundation: Slab
  • Listing Price: 422500.00
  • Patio And Porch Features: Enclosed Patio,Uncovered Patio,Varies by Unit
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Garage,Guest Parking Available,Street,1 Space Per Unit
  • Total Parking Spaces: 2

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Cable Available,Internet Available
  • Cooling: Central
  • Electric: 220 Volts
  • Heating: Central
  • Water Source: Public

Condo/Co-op/Association

  • Association Features: See Remarks
  • Association: No

Schools

  • Senior High School District: Twin Rivers Unified

Lot Info

  • Zoning Description: RD-20
  • Lot Size Acres: 0.1965
  • Lot Size Sq Ft: 8561

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas,Grounds Care,Insurance,Rent Only
  • Total # Leasable: 2

Multi Family

  • Gross Income: 37200
  • Income Includes: Parking,Rent Only
  • Existing Lease Type: Oral,See Remarks
  • Number of Leased Units: 1
  • Number of Month to Month Units: 1
  • Number of Units: 2
  • Number of Vacant Units: 1
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 222-0083-002-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 27, 2023
Sold by
Gora Family Trust
Bought by
Mayna L Lee 2020 Revocable Trust
Current Estimated Value
$526,132

Purchase Details

Listed on
Sep 16, 2020
Closed on
Nov 20, 2020
Sold by
Lee Mayna
Bought by
Lee Mayna L and Mayna L Lee 2020 Revocable Tru
Seller's Agent
Kristen Haus
Real Broker
Buyer's Agent
Laura Shively
NextHome Premier Properties
List Price
$398,000
Sold Price
$422,500
Premium/Discount to List
$24,500
6.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.48%
Original Mortgage
$316,650
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 16, 2020
Closed on
Oct 12, 2020
Sold by
Acebo Michael S
Bought by
Lee Mayna
Seller's Agent
Kristen Haus
Real Broker
Buyer's Agent
Laura Shively
NextHome Premier Properties
List Price
$398,000
Sold Price
$422,500
Premium/Discount to List
$24,500
6.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,650
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 3, 2017
Sold by
Acebo Michael S and Acebo Shannon
Bought by
Acebo Michael S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,300
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 1998
Sold by
Chase Marcia H and Chase Bradley M
Bought by
Acebo Mike and Acebo Shannon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,145
Interest Rate
7.07%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 20, 1994
Sold by
Chase Charles E
Bought by
Chase Marcia H
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
Mayna L Lee 2020 Revocable Trust $61,000 None Listed On Document
Mayna L Lee 2020 Revocable Trust $61,000 None Listed On Document
Lee Mayna L -- None Available
Lee Mayna $422,500 North American Title Co Inc
Acebo Michael S -- First American Title Insuran
Acebo Mike $88,000 Placer Title Company
Chase Marcia H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lee Mayna $316,650
Previous Owner Acebo Michael S $147,300
Previous Owner Acebo Mike $87,145
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2020 10/16/20 Sold $422,500 -1.7% $232 / Sq Ft
09/23/2020 09/23/20 Pending -- -- --
09/22/2020 09/22/20 Price Changed $430,000 +8.0% $236 / Sq Ft
09/15/2020 09/15/20 For Sale $398,000 -- $218 / 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 $5,586 $496,401 $171,573 $324,828
2024 $5,586 $486,668 $168,209 $318,459
2023 $5,180 $439,254 $174,823 $264,431
2022 $4,874 $430,643 $171,396 $259,247
2021 $4,862 $422,200 $168,036 $254,164
2020 $1,414 $128,459 $51,087 $77,372
2019 $1,394 $125,941 $50,086 $75,855
2018 $1,324 $123,472 $49,104 $74,368
2017 $1,356 $121,052 $48,142 $72,910
2016 $3,712 $118,680 $47,199 $71,481
2015 $3,397 $116,899 $46,491 $70,408
2014 $3,350 $114,610 $45,581 $69,029
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 20053315

MetroList

APN: 222-0083-002