NOT LISTED FOR SALE

5420 Olympic Way Sacramento, CA 95842

Estimated Value: $454,000 - $560,000

4 Beds
2 Baths
1,824 Sq Ft
$279/Sq Ft Est. Value

Last Sold April 10, 2014

Last sale price $225,000 $123 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $2,960/month

69 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • Double Pane Windows
  • Garage
  • 4-minute walk to Foothill Community Park

About This Home

As of April 2014

Great Investment opportunity! Higly 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. DO NOT DISTURB TENANTS.

Last Agent to Sell the Property

Dalvir Nijjar

RE/MAX Gold Natomas License #01418648 Listed on: 12/27/2013

RE/MAX Gold Natomas

Co-Listed By

John Banga

Century 21 Select Real Estate License #01397975

Last Buyer's Agent

Aaron Lee

Keller Williams Realty License #01439455

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,113

Year Built

  • Built in 1972

Lot Details

  • 10,019

Parking

  • Garage

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Double Pane Windows

Additional Features

  • 10,019 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for rent only
  • Assessor Parcel Number 222-0083-006-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,113

Year Built

Built in 1972

Lot Details

0

Listing Details

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

Interior Features

  • Appliances: Built-In Gas Oven,Built-In Gas Range,Compactor,Dishwasher
  • Other Equipment: None
  • Flooring: Carpet,Laminate,Linoleum/Vinyl
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Frame,Wood
  • Disclosures/Documents: CC&Rs,None
  • Listing Price: 229000.00
  • Roof: Composition

Garage/Parking

  • Parking Features: Garage

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: Varies By Unit
  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: RD20
  • Lot Size Acres: 0.2300
  • Lot Dimensions: 0x0
  • Lot Size Sq Ft: 10019

Rental Info

  • Tenant Pays: Rent Only
  • Total # Leasable: 2

Multi Family

  • Gross Income: 20160
  • Income Includes: Rent Only
  • Existing Lease Type: See Remarks
  • Number of Leased Units: 2
  • Number of Month to Month Units: 2
  • Number of Units: 2
  • Units Furnished: Varies By Unit

Tax Info

  • Assessor Parcel Number: 222-0083-006-0000

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2021
Sold by
Luk Wilson and Luk Eva
Bought by
Wilson Luk And Eva Chu Revocable Trust and Luk
Current Estimated Value
$509,583

Purchase Details

Listed on
Dec 27, 2013
Closed on
Apr 8, 2014
Sold by
Kaur Sarabjit and Grewal Hakikat
Bought by
Fong Luk Wilson Che Wa and Fong Chu Eva Hang
Seller's Agent
Dalvir Nijjar
RE/MAX Gold Natomas
Buyer's Agent
Aaron Lee
Keller Williams Realty
List Price
$165,000
Sold Price
$225,000
Premium/Discount to List
$60,000
36.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.35%
Original Mortgage
$153,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 27, 2014
Sold by
Grewal Indermohanjit
Bought by
Grewal Hakikat

Purchase Details

Listed on
May 1, 2012
Closed on
Oct 10, 2012
Sold by
Sahota Mohan S and Sahota Mohinder Kaur
Bought by
Kaur Sarabjit
Seller's Agent
John Banga
Century 21 Select Real Estate
Buyer's Agent
John Banga
Century 21 Select Real Estate
List Price
$150,000
Sold Price
$158,500
Premium/Discount to List
$8,500
5.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.39%
Original Mortgage
$155,628
Interest Rate
3.3%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 26, 2006
Sold by
Lobkov Yuriy and Lobkov Natalya
Bought by
Sahota Mohan S and Sahota Mohinder Kaur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,000
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 2004
Sold by
Lowe Holland Junella
Bought by
Lobkov Yuriy and Lobkov Natalya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
1.37%
Mortgage Type
New Conventional
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
Wilson Luk And Eva Chu Revocable Trust -- Yee Catherine
Luk Wilson -- None Available
Luk Wilson -- None Available
Luk Wilson -- None Available
Luk Wilson -- None Available
Fong Luk Wilson Che Wa $225,000 Orange Coast Title Company O
Grewal Hakikat -- None Available
Kaur Sarabjit -- Accommodation
Kaur Sarabjit $158,500 Orange Coast Title Company
Kaur Sarabjit -- Orange Coast Title Company
Sahota Mohan S $348,000 Fidelity National Title Co
Lobkov Yuriy $350,000 Stewart Title Of Sacramento
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fong Luk Wilson Che Wa $153,000
Previous Owner Kaur Sarabjit $155,628
Previous Owner Sahota Mohan S $191,000
Previous Owner Lobkov Yuriy $245,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/10/2014 04/10/14 Sold $225,000 +36.4% $123 / Sq Ft
03/06/2014 03/06/14 Pending -- -- --
12/27/2013 12/27/13 For Sale $165,000 +4.1% $90 / Sq Ft
10/15/2012 10/15/12 Sold $158,500 +5.7% $87 / Sq Ft View Prior Sale
05/04/2012 05/04/12 Pending -- -- --
05/01/2012 05/01/12 For Sale $150,000 -- $82 / 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 $3,113 $275,808 $91,934 $183,874
2024 $3,113 $270,401 $90,132 $180,269
2023 $3,134 $265,100 $88,365 $176,735
2022 $2,950 $259,903 $86,633 $173,270
2021 $2,942 $254,808 $84,935 $169,873
2020 $2,916 $252,197 $84,065 $168,132
2019 $2,878 $247,253 $82,417 $164,836
2018 $2,734 $242,405 $80,801 $161,604
2017 $2,805 $237,653 $79,217 $158,436
2016 $2,806 $232,994 $77,664 $155,330
2015 $2,636 $229,495 $76,498 $152,997
2014 $1,909 $159,218 $55,249 $103,969
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 13072653

MetroList

APN: 222-0083-006