NOT LISTED FOR SALE

5408 Olympic Way Sacramento, CA 95842

Estimated Value: $351,000 - $496,000

4 Beds
2 Baths
1,824 Sq Ft
$248/Sq Ft Est. Value

Last Sold February 10, 2017

Last sale price $269,000 $147 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $2,681/month

32 Days on Market

Highlights

  • No HOA
  • High Speed Internet
  • 5-minute walk to Foothill Community Park
  • Central Heating
  • 1-Story Property

About This Home

As of February 2017

Great Investment opportunity below market value! Highly Desirable income producing Property. Excellent Duplex with 2 bedroom 1 bath each side, fireplace, approx. 912 sq. ft., single car garages, close to shopping and I-80, extra large yard. Live in one unit and get rent from the other.

Last Agent to Sell the Property

Robert Walatka

Keller Williams Realty License #01353208 Listed on: 12/08/2016

Keller Williams Realty

Co-Listed By

Abby Shephard

eXp Realty of California, Inc. License #01491508

Last Buyer's Agent

Helena Riley

Re/Max Premier Realty License #01369007

Re/Max Premier Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,520

Year Built

  • Built in 1972

Lot Details

  • 7,453 Sq Ft Lot

Parking

  • 1 Parking Space Included

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Free-Standing Electric Range

Utilities

  • Central Heating
  • High Speed Internet

Listing and Financial Details

  • Tenant pays for electricity gas
  • Assessor Parcel Number 222-0083-003-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,520

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1972
  • Architectural Style: Ranch
  • Stories: 1
  • Number of Two Bedroom Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Electric Range
  • Flooring: Carpet,Laminate

Exterior Features

  • Construction Materials: Frame,Wood
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,None
  • Listing Price: 270000.00
  • Roof: Composition

Garage/Parking

  • Parking Features: Garage,1 Space Per Unit

Utilities

  • Utilities: Internet Available
  • Cooling: Ceiling Fan(s),Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Twin Rivers Unified

Lot Info

  • Zoning Description: RD20
  • Lot Size Acres: 0.1711
  • Lot Size Sq Ft: 7453

Rental Info

  • Tenant Pays: Electricity,Gas

Multi Family

  • Gross Income: 19800
  • Income Includes: Rent Only
  • Number of Month to Month Units: 2
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 222-0083-003-0000

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 17, 2024
Sold by
Luong Johnny T and Ling Vicky
Bought by
Luong Johnny T
Current Estimated Value
$451,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,000
Outstanding Balance
$358,415
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$93,335

Purchase Details

Closed on
Oct 5, 2023
Sold by
Luong Johnny Tat
Bought by
Luong Johnny T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
7.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 2019
Sold by
Phong Jessica
Bought by
Luong Johnny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
6.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Dec 8, 2016
Closed on
Feb 3, 2017
Sold by
Ferderer Dennis L and The Madeline P Ferderer 1991 R
Bought by
Luong Johnny and Luong Phong Jessica
Seller's Agent
Robert Walatka
Keller Williams Realty
Buyer's Agent
Helena Riley
Re/Max Premier Realty
List Price
$270,000
Sold Price
$269,000
Premium/Discount to List
-$1,000
-0.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.15%
Original Mortgage
$201,750
Interest Rate
4.32%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 6, 2009
Sold by
Ferderer Lee A and The Madeline P Ferderer 1991 R
Bought by
Ferderer Dennis L
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
Luong Johnny T -- Ticor Title
Luong Johnny T -- Fidelity National Title Compan
Luong Johnny -- Old Republic Title Company
Luong Johnny $269,000 Chicago Title Company
Ferderer Dennis L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luong Johnny T $364,000
Previous Owner Luong Johnny T $205,000
Previous Owner Luong Johnny $208,000
Previous Owner Luong Johnny $201,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2017 02/10/17 Sold $269,000 -0.4% $147 / Sq Ft
01/03/2017 01/03/17 Pending -- -- --
12/02/2016 12/02/16 For Sale $270,000 -- $148 / 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 $3,520 $312,188 $208,231 $103,957
2024 $3,520 $306,068 $204,149 $101,919
2023 $3,544 $300,068 $200,147 $99,921
2022 $3,336 $294,185 $196,223 $97,962
2021 $3,327 $288,418 $192,376 $96,042
2020 $3,297 $285,462 $190,404 $95,058
2019 $3,254 $279,866 $186,671 $93,195
2018 $3,091 $274,379 $183,011 $91,368
2017 $1,974 $166,824 $111,218 $55,606
2016 $1,975 $163,554 $109,038 $54,516
2015 $1,856 $161,099 $107,401 $53,698
2014 $1,893 $157,945 $105,298 $52,647
Source: Public Records

Agents Affiliated with this Home

  • Robert Walatka

    Seller's Agent in 2017

    Robert Walatka

    Keller Williams Realty

    (916) 213-4522

    27 Total Sales

    Robert Walatka
    Section Image
  • Abby Shephard

    Seller Co-Listing Agent in 2017

    Abby Shephard

    eXp Realty of California, Inc.

    (916) 844-9500

    56 Total Sales

    Abby Shephard
    Section Image
  • Helena Riley

    Buyer's Agent in 2017

    Helena Riley

    RE/MAX

    (916) 257-8240

    20 Total Sales

    Helena Riley
    Section Image
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Map

Source: MetroList

MLS Number: 16076027

MetroList

APN: 222-0083-003

California Sacramento County Sacramento 95842

5408 Olympic Way, Sacramento, CA

This home is located at 5408 Olympic Way, Sacramento, CA 95842 since 08 December 2016 and is currently estimated at $451,750, approximately $247 per square foot. This property was built in 1972. 5408 Olympic Way is a home located in Sacramento County with nearby schools including Foothill Oaks Elementary School, Foothill Ranch Middle School, and Foothill High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MetroList IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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