NOT LISTED FOR SALE

Estimated Value: $422,000 - $576,135

4 Beds
2 Baths
1,826 Sq Ft
$268/Sq Ft Est. Value

Last Sold July 25, 2022

Last sale price $410,000 $225 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,155/month

42 Days on Market

Highlights

  • Contemporary Architecture
  • No HOA
  • Central Heating and Cooling System
  • Corner Lot
  • Tile Flooring
  • 5-minute walk to Lawrence Park

About This Home

As of July 2022

NEW PRICE!! First time sale in 43 years! Great investment opportunity for a duplex. Newer laminate flooring in one of the units, newer vanity in bathroom, kitchen has granite counters. Some updates made to each unit. 1 car garage each. Central heat and air. Washer/dryer in each units garage. Both units have private yards.

Last Agent to Sell the Property

Suman Singh

Fathom Realty Group, Inc. License #01484872 Listed on: 05/24/2022

Fathom Realty Group, Inc.

Last Buyer's Agent

Juan Jimenez

McMahon Phillips Real Estate Inc. License #01930932

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,783

Year Built

  • Built in 1976

Lot Details

  • 7,405 Sq Ft Lot
  • Corner Lot

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Contemporary Architecture
  • Concrete Foundation
  • Slab Foundation
  • Frame Construction
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Laundry in unit

Kitchen

  • Electric Cooktop
  • Dishwasher

Flooring

  • Laminate
  • Tile

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, grounds care
  • Assessor Parcel Number 022-0266-010-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Units Leased Month-To-Month
  • Oral Lease Type
  • Insurance Expense $576
  • Maintenance Expense $800
  • Net Operating Income $21,972

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,783

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: House(s)
  • Property Subtype 1: Duplex
  • Stories: 1
  • Year Built: 1976
  • Architectural Style: Contemporary
  • Levels: One
  • Stories: 1
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Electric Cook Top
  • Flooring: Tile, Laminate
  • Price Per Square Foot: 224.53

Exterior Features

  • Construction Materials: Frame, Wood Siding
  • Disclosures/Documents: Disclosure Package Available
  • Foundation: Concrete, Slab
  • Listing Price: 399000.00
  • Lot Features: Corner

Garage/Parking

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

Utilities

  • Security: Carbon Mon Detector, Smoke Detector
  • Sewer: In & Connected
  • Utilities: Natural Gas Connected, Electric
  • Cooling: Central
  • Electric: 220 Volts
  • Heating: Central
  • Laundry Features: In Each Unit
  • Water Source: None
  • Utilities Expenses: 3069
  • Separate Meters: Varies by Unit,Electricity,Gas,Water

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: Residential
  • Irrigation: None
  • Lot Size Acres: 0.1700
  • Lot Size Sq Ft: 7405.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Grounds Care
  • Lease Term: Month To Month

Multi Family

  • Gross Income: 28200
  • Income Includes: Other
  • Existing Lease Type: Oral
  • Insurance Expense: 576
  • Maintenance Expense: 800
  • Number of Leased Units: 2
  • Number of Month to Month Units: 2
  • Number of Units: 2
  • Two Bedroom Annual Occupancy: 100
  • Two Bedrooms Occupied: 2

Tax Info

  • Assessor Parcel Number: 022-0266-010-0000
  • Current RE Taxes: 1783
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2022
Closed on
Jul 14, 2022
Sold by
Singh Arun H and Famil Upma
Bought by
Padilla Family 2013 Trust
Seller's Agent
Suman Singh
Fathom Realty Group, Inc.
Buyer's Agent
Juan Jimenez
McMahon Phillips Real Estate Inc.
List Price
$490,000
Sold Price
$410,000
Premium/Discount to List
-$80,000
-16.33%
Current Estimated Value
$497,485

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,485

Purchase Details

Closed on
Jun 8, 2001
Sold by
Singh Arun H and Singh Upma W
Bought by
Singh Arun H and Singh Upma W
Source: Public Records

Range of Values:

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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
Padilla Family 2013 Trust $410,000 Chicago Title
Singh Arun H -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2022 07/25/22 Sold $410,000 +2.8% $225 / Sq Ft
07/05/2022 07/05/22 Pending -- -- --
06/27/2022 06/27/22 Price Changed $399,000 -18.6% $219 / Sq Ft
06/22/2022 06/22/22 For Sale $490,000 0.0% $268 / Sq Ft
06/11/2022 06/11/22 Pending -- -- --
05/24/2022 05/24/22 For Sale $490,000 -- $268 / 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 $5,173 $426,564 $104,040 $322,524
2024 $5,173 $418,200 $102,000 $316,200
2023 $5,052 $410,000 $100,000 $310,000
2022 $1,858 $131,783 $14,625 $117,158
2021 $1,777 $129,200 $14,339 $114,861
2020 $1,783 $127,876 $14,192 $113,684
2019 $1,748 $125,369 $13,914 $111,455
2018 $1,704 $122,912 $13,642 $109,270
2017 $1,679 $120,503 $13,375 $107,128
2016 $1,558 $118,141 $13,113 $105,028
2015 $1,534 $116,368 $12,917 $103,451
2014 $1,496 $114,089 $12,664 $101,425
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 222067634

MetroList

APN: 022-0266-010