NOT LISTED FOR SALE

5530 Moddison Ave Sacramento, CA 95819

River Park Neighborhood

Estimated Value: $846,000 - $958,792

4 Beds
3 Baths
2,250 Sq Ft
$402/Sq Ft Est. Value

Last Sold May 22, 2017

Last sale price $570,000 $253 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $5,575/month

7 Days on Market

Highlights

  • No HOA
  • Double Pane Windows
  • High Speed Internet
  • Caleb Greenwood Elementary Rated A-
  • Central Heating

About This Home

As of May 2017

FANTASTIC cash flow opportunity for Sacramento Real Estate Investor in highly desirable River Park neighborhood! Well-maintained corner duplex features HUGE 1400+ sqft, 3bd + bonus rm/2ba/2-car garage w/hardwood floors, fireplace, dining area, indoor laundry & charming yard w/patio. Spacious & vintage 1bd/1ba/1-car garage unit has nice sized living rm & bedroom. Current long-term tenant or great for in-laws/extended family! Excellent location, walking distance to American River Pkwy & CSUS!

Last Agent to Sell the Property

Jenny Tiner

Tiner Properties License #01428924 Listed on: 04/25/2017

Co-Listed By

John Tiner

Tiner Properties License #00973197

Last Buyer's Agent

Michelle Gallagher

Windermere Signature Properties Fair Oaks License #01382218

Windermere Signature Properties Fair Oaks

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,891

Year Built

  • Built in 1960

Lot Details

  • 8,712 Sq Ft Lot

Parking

  • 3 Car Garage

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Double Pane Windows

Utilities

  • Central Heating
  • High Speed Internet

Listing and Financial Details

  • Tenant pays for electricity gas
  • Assessor Parcel Number 005-0181-001-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • River Park Subdivision

Building Details

  • 2 Leased Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,891

Year Built

Built in 1960

Lot Details

0

Parking

3

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1960
  • Stories: 2
  • Subdivision: River Park
  • Number of One Bedroom Units: 1
  • Number of Three Bedroom Units: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Electric Oven,Built-In Electric Range,Electric Cook Top,Microwave,Varies By Unit
  • Flooring: Carpet,Wood,Linoleum/Vinyl
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Brick,Stucco,Wood
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts
  • Listing Price: 560000.00
  • Patio And Porch Features: Enclosed Patio,Uncovered Patio
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Garage,Varies by Unit

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Utilities: Internet Available
  • Cooling: Ceiling Fan(s),Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: Laundry Hook-Up in Units,Patios/Balcony,Public Trans Nearby,Yard Space,Varies By Unit
  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: R-1
  • Lot Size Acres: 0.2000
  • Lot Dimensions: 114x85
  • Lot Size Sq Ft: 8712

Rental Info

  • Tenant Pays: Electricity,Gas

Multi Family

  • Gross Income: 31080
  • Income Includes: See Remarks
  • Number of Leased Units: 2
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 005-0181-001-0000

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2017
Closed on
May 18, 2017
Sold by
Wheless Randall S and Wheless Laurie A
Bought by
Affinito Dominic and Affinito Juliette
Seller's Agent
Jenny Tiner
Tiner Properties
Buyer's Agent
Michelle Gallagher
Windermere Signature Properties Fair Oaks
List Price
$560,000
Sold Price
$570,000
Premium/Discount to List
$10,000
1.79%
Current Estimated Value
$904,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$334,198
Avg. Annual Appreciation
5.78%

Purchase Details

Closed on
Oct 6, 2014
Sold by
Wheless Laurie A and Ohanesian Family Living Trust
Bought by
Wheless Laurie A and Wheless Randall S
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
Affinito Dominic $570,000 Fidelity National Title Comp
Wheless Laurie A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ohanesian Edward D $42,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2017 05/22/17 Sold $570,000 +1.8% $253 / Sq Ft
05/02/2017 05/02/17 Pending -- -- --
04/25/2017 04/25/17 For Sale $560,000 -- $249 / 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 $7,891 $661,531 $290,145 $371,386
2024 $7,891 $648,560 $284,456 $364,104
2023 $7,706 $635,844 $278,879 $356,965
2022 $7,577 $623,377 $273,411 $349,966
2021 $7,221 $611,154 $268,050 $343,104
2020 $7,280 $604,888 $265,302 $339,586
2019 $7,126 $593,028 $260,100 $332,928
2018 $6,942 $581,400 $255,000 $326,400
2017 $3,237 $252,307 $67,274 $185,033
2016 $3,121 $247,360 $65,955 $181,405
2015 $3,075 $243,646 $64,965 $178,681
2014 $2,996 $238,874 $63,693 $175,181
Source: Public Records

Agents Affiliated with this Home

  • Jenny Tiner

    Seller's Agent in 2017

    Jenny Tiner

    Tiner Properties

    (916) 284-3454

    89 Total Sales

    Jenny Tiner
    Section Image
  • John Tiner

    Seller Co-Listing Agent in 2017

    John Tiner

    Tiner Properties

    (916) 974-6003

    86 Total Sales

    John Tiner
    Section Image
  • Michelle Gallagher

    Buyer's Agent in 2017

    Michelle Gallagher

    Windermere Signature Properties Fair Oaks

    (916) 541-0540

    37 Total Sales

    Michelle Gallagher
    Section Image
See All Agents

Map

Source: MetroList

MLS Number: 17023587

MetroList

APN: 005-0181-001

California Sacramento County Sacramento 95819 River Park

5530 Moddison Ave, Sacramento, CA

This home is located at 5530 Moddison Ave, Sacramento, CA 95819 since 25 April 2017 and is currently estimated at $904,198, approximately $401 per square foot. This property was built in 1960. 5530 Moddison Ave is a home located in Sacramento County with nearby schools including Caleb Greenwood Elementary, Miwok Middle School, and Rosemont 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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