NOT LISTED FOR SALE

5609 Odea Dr Sacramento, CA 95824

Estimated Value: $567,000 - $726,000

6 Beds
6 Baths
2,550 Sq Ft
$253/Sq Ft Est. Value

Last Sold November 10, 2021

Last sale price $600,000 $235 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,174/month

89 Days on Market

Highlights

  • Gated Community
  • Security Gate
  • Central Heating and Cooling System
  • No HOA
  • Tile Flooring

About This Home

As of November 2021

Wonderful investment opportunity in this triplex. This triplex is built newer than surrounding multi-unit properties. All 3 units are 2 bed/2 bath. Central heat and air on all units. Each unit has it's own washer/dryer. Property is surrounded by a security gate. All 3 units are currently occupied and tenants are paying below market rents. Tenant in unit A has been there for 10 years. Tenant in unit B has been there for 7 years. Tenant in unit C has been there for 7 months. Conveniently located with easy access to CA-99. Buyers to verify square footage.

Last Agent to Sell the Property

Henry Lam

Platinum Properties License #01750331 Listed on: 07/14/2021

Last Buyer's Agent

Kim Dao

Pacificwide Real Estate & Mortgage License #02089925

Pacificwide Real Estate & Mortgage

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1983

Lot Details

  • 7,771

Home Design

  • Triplex
  • Slab Foundation
  • Frame Construction

Interior Spaces

  • 2-Story Property
  • Security Gate

Flooring

  • Carpet
  • Tile

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Parking

  • 5 Parking Spaces
  • On-Street Parking
  • Uncovered Parking

Additional Features

  • 7,771 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 026-0282-002-0000

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Leased Units
  • 2 Units Leased Month-To-Month
  • Insurance Expense $1,356

Additional Features

  • Laundry Facilities
  • Gated Community

Property Details

Home Type

Multi-Family

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Apartments
  • Property Subtype 1: Triplex
  • Stories: 2
  • Year Built: 1983
  • Stories: 2
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Tile
  • Price Per Square Foot: 235.20

Exterior Features

  • Construction Materials: Frame, Wood
  • Foundation: Slab
  • Listing Price: 625000.00
  • Lot Features: Curbs/Gutters, Sidewalk

Garage/Parking

  • Parking Features: Street, Uncovered
  • Total Parking Spaces: 5.00

Utilities

  • Security: Unguarded Gate, Security Gate
  • Sewer: In & Connected
  • Utilities: Electric
  • Cooling: Central
  • Heating: Central
  • Laundry Features: Washer/Dryer Owned, In Each Unit, Washer/Dryer Hookups
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: RD-20
  • Irrigation: Public District
  • Lot Size Acres: 0.1784
  • Lot Size Sq Ft: 7771.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Lease/Month to Month Mix

Multi Family

  • Income Includes: Rent Only
  • Insurance Expense: 1356
  • Number of Leased Units: 3
  • Number of Month to Month Units: 2
  • Number of Units: 3

Tax Info

  • Assessor Parcel Number: 026-0282-002-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 21, 2023
Sold by
Dao Kim Phuong Thi and Dao Dich
Bought by
Do Dich Property Investment Llc
Current Estimated Value
$684,894

Purchase Details

Listed on
Jul 14, 2021
Closed on
Nov 8, 2021
Sold by
Van Can Llc
Bought by
Dao Kim Phuong Thi and Do Dich
Seller's Agent
Henry Lam
Platinum Properties
Buyer's Agent
Kim Dao
Pacificwide Real Estate & Mortgage
List Price
$625,000
Sold Price
$600,000
Premium/Discount to List
-$25,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.79%
Original Mortgage
$435,000
Interest Rate
3.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2017
Sold by
Vu John
Bought by
Van Can Llc

Purchase Details

Listed on
Jun 27, 2014
Closed on
Sep 23, 2014
Sold by
Vu John
Bought by
Vu John Huy Duc and The John Huy Duc Vu Revocable
Seller's Agent
Steve Smith
Keller Williams Realty
Buyer's Agent
Timmy Long
Great Valley Realty & Mortgage Inc
List Price
$259,900
Sold Price
$237,000
Premium/Discount to List
-$22,900
-8.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.27%
Original Mortgage
$165,900
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 27, 2014
Closed on
Sep 18, 2014
Sold by
Tyrrell Elizabeth S and Tyrrell Jayson J
Bought by
Vu John
Seller's Agent
Steve Smith
Keller Williams Realty
Buyer's Agent
Timmy Long
Great Valley Realty & Mortgage Inc
List Price
$259,900
Sold Price
$237,000
Premium/Discount to List
-$22,900
-8.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,900
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 7, 2011
Sold by
Frink Raymond J and Hanrihan Michael C
Bought by
Tyrrell Elizabeth S and Tyrrell Jayson J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,625
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2008
Sold by
Dancy Judy
Bought by
Frink Raymond J and Hanrihan Michael C

Purchase Details

Closed on
Apr 9, 2008
Sold by
Deutsche Bank National Trust Co
Bought by
Dancy Judy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.11%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Mar 1, 2007
Sold by
Hart John
Bought by
Deutsche Bank National Trust Co and Long Beach Mortgage Loan Trust 2006-Wl1
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Do Dich Property Investment Llc -- None Listed On Document
Do Dich Property Investment Llc -- None Listed On Document
Dao Kim Phuong Thi $600,000 Chicago Title Company
Dao Kim Phuong Thi $600,000 Chicago Title Company
Van Can Llc -- None Available
Vu John Huy Duc -- None Available
Vu John $237,000 None Available
Tyrrell Elizabeth S $239,500 None Available
Frink Raymond J -- None Available
Frink Raymond J -- None Available
Dancy Judy $220,000 Fidelity National Title Comp
Deutsche Bank National Trust Co $513,731 Lsi Title Fnds Division
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dao Kim Phuong Thi $435,000
Previous Owner Vu John $165,900
Previous Owner Frink Raymond J $179,625
Previous Owner Dancy Judy $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/10/2021 11/10/21 Sold $600,000 -4.0% $235 / Sq Ft
10/11/2021 10/11/21 Pending -- -- --
07/14/2021 07/14/21 For Sale $625,000 +163.7% $245 / Sq Ft
09/22/2014 09/22/14 Sold $237,000 -8.8% $90 / Sq Ft View Prior Sale
08/15/2014 08/15/14 Pending -- -- --
06/25/2014 06/25/14 For Sale $259,900 -- $99 / 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 $7,103 $624,240 $166,464 $457,776
2024 $7,103 $612,000 $163,200 $448,800
2023 $7,074 $612,000 $163,200 $448,800
2022 $6,958 $600,000 $160,000 $440,000
2021 $2,993 $263,139 $78,829 $184,310
2020 $3,022 $260,442 $78,021 $182,421
2019 $2,958 $255,337 $76,492 $178,845
2018 $2,882 $250,332 $74,993 $175,339
2017 $2,844 $245,424 $73,523 $171,901
2016 $2,802 $240,613 $72,082 $168,531
2015 $2,762 $237,000 $71,000 $166,000
2014 $2,834 $245,398 $72,748 $172,650
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 221084874

MetroList

APN: 026-0282-002