NOT LISTED FOR SALE

5430 Cypress Ave Carmichael, CA 95608

Oakvale Neighborhood

Estimated Value: $540,000 - $581,000

4 Beds
4 Baths
2,178 Sq Ft
$260/Sq Ft Est. Value

Last Sold February 09, 2015

Last sale price $272,000 $125 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $3,293/month

4 Days on Market

Highlights

  • No HOA
  • Covered Patio or Porch
  • Washer and Dryer
  • Winston Churchill Middle School Rated A-
  • Central Heating
  • 1-Story Property

About This Home

As of February 2015

2BD 1.5Ba units with covered patios, garage and large yards. Washer Dryer hook ups in garage of both units. Walk in closets in the Master Bedrooms. One unit has a fireplace. Plenty of parking. Easy access (2 miles) to Freeways and (1/2) mile to shopping. Occupancy rate is exceptional and is always rented. Family owned since 1966 and is very well kept.

Last Agent to Sell the Property

Mike Blaser

Century 21 MM License #01325127 Listed on: 01/16/2015

Last Buyer's Agent

Hazar Bazirgan

Hazar Bazirgan Broker License #00999312

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,106

Lot Details

  • 10,707 Sq Ft Lot
  • Lot Dimensions: 89

Parking

  • 11 Parking Spaces Included

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Washer and Dryer

Additional Features

  • Covered Patio or Porch
  • Central Heating

Listing and Financial Details

  • Security Deposit $2,375
  • Tenant pays for cable tv electricity water
  • Assessor Parcel Number 258-0282-011-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Gibbons Estates Subdivision

Building Details

  • 2 Leased Units
  • 2 Units Leased Month-To-Month
  • Insurance Expense $1,585
  • Operating Expense $1,077

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,106

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Architectural Style: Tract
  • Stories: 1
  • Subdivision: Gibbons Estates
  • Year Built Details: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Disposal,Free Standing Electric Range
  • Flooring: Carpet,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Brick,Frame,Stucco
  • Disclosures/Documents: CC&Rs,Pest Control Report Clear,Rental/Lease Agmts,Structural Pest Control Report
  • Listing Price: 289500.00
  • Patio And Porch Features: Covered Patio
  • Roof: Composition

Garage/Parking

  • Parking Features: Garage,Street,1+ Space Per Unit,1 Space Per Unit

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Utilities: Cable Available,Cable Connected
  • Cooling: Ceiling Fan(s),Central
  • Heating: Central
  • Laundry Features: Washer/Dryer

Condo/Co-op/Association

  • Association Features: Laundry Hook-Up in Units,Public Trans Nearby,Yard Space
  • Association: No

Schools

  • Senior High School District: San Juan Unified

Lot Info

  • Zoning Description: RD10
  • Lot Size Acres: 0.2458
  • Lot Dimensions: 89 X129
  • Lot Size Sq Ft: 10707

Rental Info

  • Tenant Pays: Cable TV,Electricity,Water
  • Total Deposit: 2375
  • Total # Leasable: 2

Multi Family

  • Operating Expense: 1077
  • Income Includes: Rent Only,See Remarks
  • Insurance Expense: 1585
  • Number of Leased Units: 2
  • Number of Month to Month Units: 2
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 258-0282-011-0000
  • Current RE Taxes: 1106

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2015
Closed on
Feb 5, 2015
Sold by
Lamb Steven B and Lamb Debra D
Bought by
Benhamida Laurel and The Boubekeur Benhamida & Laur
Seller's Agent
Mike Blaser
Century 21 MM
Buyer's Agent
Hazar Bazirgan
Hazar Bazirgan Broker
List Price
$289,500
Sold Price
$272,000
Premium/Discount to List
-$17,500
-6.04%
Current Estimated Value
$566,273

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$294,273
Avg. Annual Appreciation
6.97%

Purchase Details

Closed on
Apr 22, 2008
Sold by
Lamb Steven B and Lamb Debra D
Bought by
Lamb Steven B and Lamb Debra D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
6.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2003
Sold by
Lamb Debra D and Lamb Steven B
Bought by
Lamb Steven B and Lamb Debra D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,000
Interest Rate
5.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 1, 2002
Sold by
Lamb Debra D and Longhofer Steven D
Bought by
Lamb Steven B and Lamb Debra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,500
Interest Rate
7.15%
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
Benhamida Laurel $272,000 Placer Title Company
Lamb Steven B -- Old Republic Title Company
Lamb Steven B -- Chicago Title Co
Lamb Steven B -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lamb Steven B $170,000
Previous Owner Lamb Steven B $101,000
Previous Owner Lamb Steven B $102,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/09/2015 02/09/15 Sold $272,000 -6.0% $125 / Sq Ft
01/19/2015 01/19/15 Pending -- -- --
01/15/2015 01/15/15 For Sale $289,500 -- $133 / 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 $3,911 $326,895 $120,181 $206,714
2024 $3,911 $320,486 $117,825 $202,661
2023 $3,813 $314,203 $115,515 $198,688
2022 $3,792 $308,043 $113,250 $194,793
2021 $3,730 $302,004 $111,030 $190,974
2020 $3,661 $298,908 $109,892 $189,016
2019 $3,589 $293,048 $107,738 $185,310
2018 $3,547 $287,303 $105,626 $181,677
2017 $3,513 $281,670 $103,555 $178,115
2016 $3,284 $276,148 $101,525 $174,623
2015 $1,129 $91,037 $17,417 $73,620
2014 $1,106 $89,258 $17,077 $72,181
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2015

    Mike Blaser

    Century 21 MM

  • H

    Buyer's Agent in 2015

    Hazar Bazirgan

    Hazar Bazirgan Broker

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Map

Source: MetroList

MLS Number: 15002955

MetroList

APN: 258-0282-011

California Sacramento County Carmichael 95608 Oakvale

5430 Cypress Ave, Carmichael, CA

Not Listed for Sale

MultiFamily

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