NOT LISTED FOR SALE

5522 North Ave Carmichael, CA 95608

Carmichael Town Center Neighborhood

Estimated Value: $541,000 - $577,074

4 Beds
2 Baths
1,850 Sq Ft
$304/Sq Ft Est. Value

Last Sold June 13, 2022

Last sale price $535,000 $289 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,457/month

3 Days on Market

Highlights

  • 2 Car Attached Garage
  • Wood Siding
  • 1-Story Property
  • Central Heating and Cooling System
  • Carpet

About This Home

As of June 2022

Tremendous investment opportunity in well established Carmichael neighborhood! This well maintained duplex offers 2 bed 1 bath and 1 car garage per unit. Roof replaced in 2012, washer/dryer hook ups in garage. Because property management does annual inspections, all properties are extremely well maintained. Don't miss out on this amazing income opportunity, established tenants would like to stay. Walking distance to Carmichael park-close to restaurants and shopping.

Last Agent to Sell the Property

Peggy Andreotti-Kemper

Burke Realty Group, Inc. License #01001305 Listed on: 04/26/2022

Last Buyer's Agent

Non-MLS Member

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Lot Details

  • 6,098 Sq Ft Lot
  • Sprinklers on Timer

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex
  • Brick Exterior Construction
  • Raised Foundation
  • Frame Construction
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1-Story Property
  • Washer and Dryer Hookup

Kitchen

  • Built-In Electric Oven
  • Free-Standing Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Linoleum

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Property is located within a water district
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, trash collection, water
  • Assessor Parcel Number 272-0031-043-0000

Community Details

Overview

  • Association fees include ground maintenance
  • Property has a Home Owners Association

Building Details

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

6,098 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: House(s)
  • Property Subtype 1: Duplex
  • Stories: 1
  • Year Built: 1970
  • Stories: 1
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Electric Oven, Dishwasher, Disposal, Electric Cook Top, Free Standing Electric Range
  • Flooring: Carpet, Linoleum
  • Price Per Square Foot: 288.88

Exterior Features

  • Construction Materials: Brick Veneer, Stucco, Frame, Wood Siding
  • Foundation: Raised
  • Listing Price: 535000.00
  • Lot Features: Auto Sprinkler F&R, Shape Regular
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2.00
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Security: Carbon Mon Detector, Double Strapped Water Heater, Smoke Detector
  • Sewer: In & Connected
  • Utilities: Cable Available, Natural Gas Connected
  • Cooling: Central
  • Heating: Central
  • Laundry Features: Washer/Dryer Hookups
  • Water Source: Water District, Meter on Site

Condo/Co-op/Association

  • Association Features: None
  • Association Fee Frequency: See Remarks
  • Association Fee Includes: MaintenanceGrounds
  • Association: Yes

Association/Amenities

  • Mandatory Association: Yes

Schools

  • Senior High School District: San Juan Unified

Lot Info

  • Zoning Description: RD-5
  • Irrigation: Irrigation District
  • Lot Size Acres: 0.1400
  • Lot Size Sq Ft: 6098.00

Rental Info

  • Tenant Pays: Cable TV, Trash Collection, Water
  • Lease Term: Month To Month
  • Lease Deposit: 2890
  • Total # Leasable: 2

Multi Family

  • Income Includes: Rent Only,Other
  • Number of Leased Units: 2
  • Number of Month to Month Units: 2

Tax Info

  • Assessor Parcel Number: 272-0031-043-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2022
Closed on
Jun 1, 2022
Sold by
Opal V Houck Bypass Trust
Bought by
Northern Investment Group Llc
Seller's Agent
Peggy Andreotti-Kemper
Burke Realty Group, Inc.
Buyer's Agent
Non-MLS Member
Non-MLS Office
List Price
$535,000
Sold Price
$535,000
Current Estimated Value
$562,269

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,269
Avg. Annual Appreciation
1.35%
Original Mortgage
$347,750
Outstanding Balance
$326,477
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$235,792

Purchase Details

Closed on
Aug 26, 2021
Sold by
Henry Houck Richard
Bought by
Opal V Houck Bypass Trust

Purchase Details

Closed on
May 10, 2005
Sold by
Houck Richard H H and Houck Richard H
Bought by
Houck Richard H and Opal V Houck Bypass Trust
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
Northern Investment Group Llc $535,000 Old Republic Title
Opal V Houck Bypass Trust -- --
Houck Richard H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Northern Investment Group Llc $347,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/13/2022 06/13/22 Sold $535,000 0.0% $289 / Sq Ft
04/29/2022 04/29/22 Pending -- -- --
04/26/2022 04/26/22 For Sale $535,000 -- $289 / Sq Ft
Source: MetroList

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 $6,724 $567,746 $137,957 $429,789
2024 $6,724 $556,614 $135,252 $421,362
2023 $6,618 $545,700 $132,600 $413,100
2022 $883 $71,951 $4,980 $66,971
2021 $869 $70,541 $4,883 $65,658
2020 $853 $69,818 $4,833 $64,985
2019 $836 $68,450 $4,739 $63,711
2018 $823 $67,109 $4,647 $62,462
2017 $818 $65,794 $4,556 $61,238
2016 $765 $64,505 $4,467 $60,038
2015 $795 $63,537 $4,400 $59,137
2014 $780 $62,302 $4,319 $57,983
Source: Public Records

Agents Affiliated with this Home

  • Peggy Andreotti-Kemper

    Seller's Agent in 2022

    Peggy Andreotti-Kemper

    Burke Realty Group, Inc.

    (916) 205-9410

    2 in this area

    19 Total Sales

    Peggy Andreotti-Kemper
    Section Image

  • N

    Buyer's Agent in 2022

    Non-MLS Member

    Non-MLS Office

See All Agents

Map

Source: MetroList

MLS Number: 222051256

MetroList

APN: 272-0031-043

California Sacramento County Carmichael 95608 Carmichael Town Center

5522 North Ave, Carmichael, CA

Not Listed for Sale

MultiFamily

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