NOT LISTED FOR SALE

5537 Cedar Creek Way Citrus Heights, CA 95610

Estimated Value: $539,014 - $568,000

4 Beds
2 Baths
1,874 Sq Ft
$295/Sq Ft Est. Value

Last Sold December 03, 2020

Last sale price $425,000 $227 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,442/month

3 Days on Market

Highlights

  • No HOA
  • Patio
  • 2 Car Garage
  • Double Pane Windows
  • Central Heating
  • 1-Story Property

About This Home

As of December 2020

Nice duplex with fresh exterior paint. Unit 5537 has been completely updated, vacant, move-in ready and easy to show. Unit 5539 is tenant occupied. Each unit has 2 bedrooms and 1 full bath and have identical floor plans--Gas fireplaces, ceiling fans, cathedral ceiling in living room, and attached single car garage. Wonderful opportunity for an investor or for an owner occupant. do not disturb tenant at 5539.

Last Agent to Sell the Property

Vick Melancon

Own It Real Estate License #01760667 Listed on: 10/17/2020

Last Buyer's Agent

Non-MLS Member

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,442

Year Built

  • Built in 1977

Lot Details

  • 5,595

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Slab Foundation

Interior Spaces

  • 1-Story Property
  • Double Pane Windows

Utilities

  • Central Heating
  • 220 Volts
  • Cable TV Available

Additional Features

  • Patio
  • 5,595 Sq Ft Lot

Listing and Financial Details

  • Security Deposit $200
  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 233-0470-034-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Leased Unit
  • 1 Vacant Unit
  • 1 Unit Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,442

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1977
  • Architectural Style: Ranch
  • Stories: 1
  • Number of Two Bedroom Units: 2
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Year Renovated: 2019

Interior Features

  • Appliances: Dishwasher,Free Standing Electric Range,Free Standing Refrigerator
  • Flooring: Carpet,Laminate,Tile
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Frame,Wood
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,None
  • Foundation: Slab
  • Listing Price: 440000.00
  • Patio And Porch Features: Uncovered Patio
  • Roof: Composition,Flat

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Cooling: Ceiling Fan(s),Central
  • Electric: 220 Volts
  • Heating: Central
  • Water Source: Public

Condo/Co-op/Association

  • Association Features: Extra Storage,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: 0.1284
  • Lot Size Sq Ft: 5595

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas
  • Total Deposit: 200
  • Total # Leasable: 2

Multi Family

  • Gross Income: 31200
  • Income Includes: Rent Only
  • Existing Lease Type: See Remarks
  • Number of Leased Units: 1
  • Number of Month to Month Units: 1
  • Number of Units: 2
  • Number of Vacant Units: 1
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 233-0470-034-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2020
Closed on
Nov 30, 2020
Sold by
Inouye Donald and Inouye Rena
Bought by
Becker Jeffrey and Becker Esther
Seller's Agent
Vick Melancon
Own It Real Estate
Buyer's Agent
Non-MLS Member
Non-MLS Office
List Price
$440,000
Sold Price
$425,000
Premium/Discount to List
-$15,000
-3.41%
Current Estimated Value
$552,754

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,754
Avg. Annual Appreciation
5.04%
Original Mortgage
$161,528
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 31, 2018
Closed on
Sep 19, 2018
Sold by
Suescum Ann Wood and William Harold Sorrell Trust
Bought by
Rena Incoye Donald and Rena Inocye
Seller's Agent
Paul Brecher
Paul L Brecher Real Estate
Buyer's Agent
Vick Melancon
Own It Real Estate
List Price
$375,000
Sold Price
$365,000
Premium/Discount to List
-$10,000
-2.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.20%

Purchase Details

Closed on
Aug 21, 2013
Sold by
Sorrell William Harold
Bought by
Sorrell William Harold

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,600
Interest Rate
4.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2012
Sold by
Becker Jeffrey and Becker Esther
Bought by
Becker Family Living Trust

Purchase Details

Closed on
Jun 1, 2005
Sold by
Sorrell William Harold
Bought by
Sorrell William Harold

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,900
Interest Rate
5.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 18, 2005
Sold by
Sorrell William Harold
Bought by
Sorrell William Harold and William Harold Sorrell Trust

Purchase Details

Closed on
Feb 3, 2003
Sold by
Sorrell William Harold and Suescum Ann Preston Wood
Bought by
Sorrell William Harold

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,750
Interest Rate
5.83%

Purchase Details

Closed on
Jan 4, 2000
Sold by
William Harold Sorrell
Bought by
Sorrell William Harold and Suescum Ann Preston Wood

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
7.68%

Purchase Details

Closed on
Nov 8, 1999
Sold by
William Harold Sorrell Trust and Harold William
Bought by
Sorrell William H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
7.68%

Purchase Details

Closed on
Oct 26, 1995
Sold by
Sorrell William Harold
Bought by
Sorrell William Harold and Suescum Ann Preston Wood

Purchase Details

Closed on
Jun 16, 1994
Sold by
Sorrell William Harold and Sorrell Charlotte
Bought by
Sorrell William Harold and Sorrell Charlotte
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
Becker Jeffrey $425,000 Placer Title Company
Rena Incoye Donald $365,000 Chicago Title Company
Sorrell William Harold -- Fidelity National Title Co
Sorrell William Harold -- Fidelity National Title Co
Becker Family Living Trust -- None Listed On Document
Sorrell William Harold -- Fidelity National Title
Sorrell William Harold -- Fidelity National Title
Sorrell William Harold -- --
Sorrell William Harold -- Placer Title Company
Sorrell William Harold -- Alliance Title Company
Sorrell William H -- Alliance Title Company
Sorrell William Harold -- --
Sorrell William Harold -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Becker Jeffrey $161,528
Previous Owner Sorrell William Harold $198,600
Previous Owner Sorrell William Harold $223,900
Previous Owner Sorrell William Harold $168,750
Previous Owner Sorrell William H $108,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2020 12/03/20 Sold $425,000 -3.4% $227 / Sq Ft
10/20/2020 10/20/20 Pending -- -- --
10/17/2020 10/17/20 For Sale $440,000 +20.5% $235 / Sq Ft
09/24/2018 09/24/18 Sold $365,000 -2.7% $195 / Sq Ft
09/14/2018 09/14/18 Pending -- -- --
08/29/2018 08/29/18 For Sale $375,000 -- $200 / 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 $5,442 $460,033 $138,010 $322,023
2024 $5,442 $451,013 $135,304 $315,709
2023 $5,304 $442,170 $132,651 $309,519
2022 $5,277 $433,500 $130,050 $303,450
2021 $5,190 $425,000 $127,500 $297,500
2020 $4,511 $372,300 $111,690 $260,610
2019 $4,421 $365,000 $109,500 $255,500
2018 $1,877 $152,220 $38,044 $114,176
2017 $1,859 $149,237 $37,299 $111,938
2016 $1,738 $146,312 $36,568 $109,744
2015 $1,709 $144,115 $36,019 $108,096
2014 $1,674 $141,293 $35,314 $105,979
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 20063036

MetroList

APN: 233-0470-034