NOT LISTED FOR SALE
5 Beds
3 Baths
2,202 Sq Ft
8,712 Sq Ft Lot

Sale Details

Date Sold: October 9, 2024

Last sale price $1,725,000 $783 Per Sq Ft

39 Days on Market

Highlights

  • 2 Car Attached Garage
  • Tile Countertops
  • Tile Flooring
  • Sutter Elementary School Rated A
  • Laundry Room
  • Forced Air Heating System

About This Home

As of October 2024

Both units have very LARGE enclosed SUNROOMS (over 300sq ft EACH) which adds to the desirability for the tenants!**The ultimate investment with high value opportunity for possible expansion with plenty of room for an ADU. Long term tenants*Rents were last changed in April of 2023*Tenants have occupied 14yrs & 9yrs. Would love to continue with residency!Lot size is over 8,700 sq ft**Must see the huge back area where a possible ADU could be* !Inherited recently and this is reason for sale*Please do not disturb tenants*Make offer subject to inspections*Note,some inspections have been done by HomeGuard*Would like to close prior to holidays*Tenants are very neat and clean*Units could use updating but is not necessary*Very easy to rent and history shows, vacancy is a rarity!!Please see showing instructions!!Thank you!

Last Agent to Sell the Property

Tom Antonopoulos

Real Property Investments License #00492309 Listed on: 07/29/2024

Last Buyer's Agent

David Murthy

Real Estate eBroker Inc License #01872413

Real Estate eBroker Inc
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Property Details

Home Type

  • Multi-Family

Year Built

  • 1966

Lot Details

  • 8,712 Sq Ft Lot

Parking

  • 2 Car Attached Garage
  • Uncovered Parking

Home Design

  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,202 Sq Ft Home
  • 1-Story Property

Kitchen

  • Built-In Oven
  • Electric Oven
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Laundry

  • Laundry Room
  • Washer and Dryer

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $62,592

Community Details

Overview

Building Details

  • 2 Leased Units
  • Gardener Expense $960
  • Insurance Expense $1,300
  • Maintenance Expense $1,000
  • Utility Expense $1,920
  • Trash Expense $500
  • Operating Expense $17,180
  • Gross Income $61,340

Property Details

Home Type

Multi-Family

Year Built

1966

Lot Details

8,712 Sq Ft Lot

Parking

2

Listing Details

  • Zoning: R3
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2202
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1966

Interior Features

  • Kitchen: Countertop - Tile, Dishwasher, Exhaust Fan, Garbage Disposal, Oven - Built-In, Oven - Electric, Oven Range
  • Living Sq Ft: 2202
  • Stories: 1
  • Laundry: Hookups Only, Washer / Dryer
  • Flooring: Carpet, Laminate, Tile
  • Additional Rooms: Laundry Room

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 4
  • Garage Parking Features: Attached Garage, Uncovered Parking

Utilities

  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer Connected

Lot Info

  • Lot Acres: 0.2000
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8712.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8712.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 30.28
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Gas Meters, Natural Gas, Public Utilities
  • Expense Insurance: 1300
  • Expense Landscape: 960
  • Expense Maintenance: 1000
  • Expenses Total: 17180
  • Expenses Utility: 1920
  • Expense Trash: 500
  • Income Annual Gross: 61340.00
  • Income Annual Rental: 62592
  • Income Gross Scheduled: 62592
  • Income Includes: Rents
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Insurance, Services - Gardener, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water
  • Vacancy Factor: 2

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2024
Closed on
Oct 2, 2024
Sold by
Bought by
Seller's Agent
Tom Antonopoulos
Real Property Investments
Buyer's Agent
David Murthy
Real Estate eBroker Inc
List Price
$1,935,000
Sold Price
$1,725,000
Premium/Discount to List
-$210,000
-10.85%
Views
15

Purchase Details

Closed on
Feb 12, 2022
Sold by
Bought by

Purchase Details

Closed on
Apr 25, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
7.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 6, 2004
Sold by
Bought by

Purchase Details

Closed on
Oct 23, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
4.04%
Mortgage Type
Balloon
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,714,500 Chicago Title
-- Patton Sullivan Brodehl Llp
-- Alliance Title Company
-- --
$655,000 Old Republic Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $215,000
Previous Owner $165,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/09/2024 10/09/24 Sold $1,725,000 -9.0% $783 / Sq Ft
09/07/2024 09/07/24 Pending -- -- --
08/28/2024 08/28/24 Price Changed $1,895,000 -1.8% $861 / Sq Ft
08/20/2024 08/20/24 Price Changed $1,929,950 -0.3% $876 / Sq Ft
07/29/2024 07/29/24 For Sale $1,935,000 -- $879 / Sq Ft
Source: MLSListings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $20,427 $1,748,790 $1,340,790 $408,000
2025 $10,752 $1,714,500 $1,314,500 $400,000
2024 $10,752 $912,999 $669,073 $243,926
2023 $10,645 $895,098 $655,954 $239,144
2022 $10,467 $877,548 $643,093 $234,455
2021 $10,426 $860,342 $630,484 $229,858
2020 $10,237 $851,522 $624,020 $227,502
2019 $10,224 $834,827 $611,785 $223,042
2018 $9,567 $818,459 $599,790 $218,669
2017 $9,521 $802,412 $588,030 $214,382
2016 $9,318 $786,679 $576,500 $210,179
2015 $9,283 $774,863 $567,841 $207,022
2014 -- $759,685 $556,718 $202,967
Source: Public Records

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Map

Source: MLSListings

MLS Number: ML81974821

MLSListings

APN: 293-01-010

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