NOT LISTED FOR SALE

5540 Cedar Creek Way Citrus Heights, CA 95610

Estimated Value: $538,674 - $594,000

4 Beds
3 Baths
2,000 Sq Ft
$281/Sq Ft Est. Value

Last Sold July 29, 2019

Last sale price $410,000 $205 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $3,389/month

42 Days on Market

Highlights

  • No HOA
  • Skylights
  • 1-Story Property

About This Home

As of July 2019

Turnkey rental property. Well maintained duplex in desirable neighborhood ready to rent or occupy immediately. 2 bdrm/1 bath approx. 900sq' and 2 bdrm/2 bath approx. 1100sq'. Fresh interior and exterior paint. Washer and Dryer conveniently located in pantry of larger unit included. Automatic sprinklers and garage doors with openers. Nice patio and yard areas. Close to everything. All maintenance and repairs done as required. Many updates.

Last Agent to Sell the Property

Rob Rogers

Robert L Rogers Jr., Broker License #01151487 Listed on: 05/13/2019

Last Buyer's Agent

Sheila Souza

HomeSmart ICARE Realty License #01706311

HomeSmart ICARE Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,307

Year Built

  • Built in 1977

Lot Details

  • 6,081

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage
  • 1 Parking Space Included

Home Design

  • Duplex
  • Slab Foundation

Interior Spaces

  • 1-Story Property
  • Skylights

Additional Features

  • 6,081 Sq Ft Lot
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $925
  • Tenant pays for electricity gas
  • Assessor Parcel Number 233-0470-032-0000

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

$5,307

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
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Electric Oven,Built-In Electric Range,Dishwasher,Disposal,Electric Cook Top,Free Standing Refrigerator,Gas Water Heater
  • Interior Amenities: Skylight(s)
  • Other Equipment: Low-Flow Toilet(s),Varies by Unit
  • Flooring: Carpet,Laminate,Varies by Unit,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Lap Siding,Wood
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,None
  • Foundation: Slab
  • Listing Price: 410000.00
  • Roof: Composition,Flat
  • View Description: Other

Garage/Parking

  • Open Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Garage,1 Space Per Unit

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Cooling: Ceiling Fan(s),Central
  • Heating: Central,Fireplace Insert
  • Laundry Features: Washer/Dryer Owned,Washer/Dryer
  • Water Source: Public

Condo/Co-op/Association

  • Association Features: Laundry Hook-Up in Units,Yard Space,Varies By Unit
  • Association: No

Schools

  • Senior High School District: San Juan Unified

Lot Info

  • Zoning Description: RD10
  • Lot Size Acres: 0.1396
  • Lot Size Sq Ft: 6081

Rental Info

  • Tenant Pays: Electricity,Gas
  • Total Deposit: 925
  • Total # Leasable: 2

Multi Family

  • Income Includes: Rent Only
  • 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: 233-0470-032-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 8, 2020
Sold by
Souza John R and Souza Sheila Lynn
Bought by
Souza John R and Souza Sheila Lynn
Current Estimated Value
$561,919

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,250
Outstanding Balance
$276,838
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$285,081

Purchase Details

Listed on
May 13, 2019
Closed on
Jul 29, 2019
Sold by
Rogers Robert L and Rogers Jr Revocable T Robert L
Bought by
Souza John R and Souza Sheila Lynn
Seller's Agent
Rob Rogers
Robert L Rogers Jr., Broker
Buyer's Agent
Sheila Souza
HomeSmart ICARE Realty
List Price
$410,000
Sold Price
$410,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.18%
Original Mortgage
$307,500
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2005
Sold by
Rogers Robert L
Bought by
Rogers Robert L and Rogers Jr Revocable T Robert L

Purchase Details

Closed on
Dec 31, 1998
Sold by
Trust Thomas M & Victoria L Wilson Revoca and Schneider Phyllis
Bought by
Rogers Robert L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,200
Interest Rate
6.73%
Mortgage Type
Balloon
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
Souza John R -- North American Title Co Inc
Souza John R $410,000 Orange Coast Ttl Co Of Nocal
Rogers Robert L -- --
Rogers Robert L $129,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Souza John R $311,250
Closed Souza John R $307,500
Previous Owner Rogers Robert L $103,200
Closed Rogers Robert L $19,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2019 07/29/19 Sold $410,000 0.0% $205 / Sq Ft
06/24/2019 06/24/19 Pending -- -- --
05/31/2019 05/31/19 For Sale $410,000 0.0% $205 / Sq Ft
05/17/2019 05/17/19 Pending -- -- --
05/13/2019 05/13/19 For Sale $410,000 -- $205 / 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 $5,307 $448,391 $120,298 $328,093
2024 $5,307 $439,600 $117,940 $321,660
2023 $5,173 $430,981 $115,628 $315,353
2022 $5,146 $422,531 $113,361 $309,170
2021 $5,061 $414,247 $111,139 $303,108
2020 $4,967 $410,000 $110,000 $300,000
2019 $2,214 $181,274 $49,180 $132,094
2018 $2,188 $177,720 $48,216 $129,504
2017 $2,167 $174,236 $47,271 $126,965
2016 $2,026 $170,821 $46,345 $124,476
2015 $1,991 $168,256 $45,649 $122,607
2014 $1,950 $164,961 $44,755 $120,206
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2019

    Rob Rogers

    Robert L Rogers Jr., Broker

    (916) 698-1111

    1 Total Sale

    Rob Rogers
    Section Image
  • Sheila Souza

    Buyer's Agent in 2019

    Sheila Souza

    HomeSmart ICARE Realty

    (916) 214-2947

    1 in this area

    1 Total Sale

    Sheila Souza
    Section Image
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Map

Source: MetroList

MLS Number: 19031730

MetroList

APN: 233-0470-032

California Sacramento County Citrus Heights 95610

5540 Cedar Creek Way, Citrus Heights, CA

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