NOT LISTED FOR SALE

561 South Ave Sacramento, CA 95838

West Del Paso Heights Neighborhood

Estimated Value: $346,000 - $564,000

6 Beds
3 Baths
2,410 Sq Ft
$207/Sq Ft Est. Value

Last Sold March 01, 2012

Last sale price $165,000 $68 Per Sq Ft

Est. 202% increase in value since last sale

Current estimated payment $2,920/month

69 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • Double Pane Windows

About This Home

As of March 2012

CASH COW!! Possible CASH FLOW OVER $500.00 a month! Two house on 1 lot. Back unit is rented and the front unit is updated and ready for a tenant. Possible rent for the front unit is $900.00. New Interior Paint and NEW Graite Countertiop in the Kitchen in the front unite. The 2nd Home has 1570 SQ F, 4 bed/2 batth, 2 car garage and is currently Rented for $1,200.00!

Last Agent to Sell the Property

Roxanne McCaslin

eXp Realty of California Inc License #01228906 Listed on: 11/09/2011

eXp Realty of California Inc

Last Buyer's Agent

Aneice Dixon

Mohammed F. Koya License #01881408

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,687

Year Built

  • Built in 2004

Lot Details

  • 10,454

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Double Pane Windows
  • Free-Standing Electric Oven

Additional Features

  • 10,454 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable tv electricity
  • Assessor Parcel Number 250-0102-026-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 1 Leased Unit
  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,687

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 2004
  • Stories: 1
  • Number of Two Bedroom Units: 1
  • Number of Three Bedroom Units: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Electric Oven
  • Other Equipment: None
  • Flooring: Carpet,Linoleum/Vinyl
  • Window Features: Dual Pane Partial

Exterior Features

  • Construction Materials: Frame,Stucco,Wood
  • Disclosures/Documents: CC&Rs,None
  • Listing Price: 159900.00
  • Roof: Composition

Garage/Parking

  • Parking Features: Garage,1+ Space Per Unit

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Twin Rivers Unified

Lot Info

  • Zoning Description: R-1
  • Lot Size Acres: 0.2400
  • Lot Dimensions: xxx
  • Lot Size Sq Ft: 10454

Rental Info

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

Multi Family

  • Gross Income: 25200
  • Income Includes: Rent Only
  • Existing Lease Type: Other
  • Number of Leased Units: 1
  • Number of Units: 2
  • Number of Vacant Units: 1
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 250-0102-026-0000

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2011
Closed on
Jan 31, 2012
Sold by
Xiong Blia Yang
Bought by
Xiong John
Seller's Agent
Roxanne McCaslin
eXp Realty of California Inc
Buyer's Agent
Aneice Dixon
Mohammed F. Koya
List Price
$159,900
Sold Price
$165,000
Premium/Discount to List
$5,100
3.19%
Current Estimated Value
$498,626

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$333,626
Avg. Annual Appreciation
9.31%
Original Mortgage
$160,817
Outstanding Balance
$112,843
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$437,799

Purchase Details

Closed on
Mar 14, 2011
Sold by
Penn Gary Joseph
Bought by
Alpine Holdings Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,000
Interest Rate
4.83%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 2, 2005
Sold by
Penn Gary Joseph
Bought by
Fam Penn Gary J and Fam Gary J Penn 2005 Revocable

Purchase Details

Closed on
Oct 9, 2000
Sold by
Letvin Craig and Letvin Monique
Bought by
Letvin Craig and Letvin Monique

Purchase Details

Closed on
Jul 25, 2000
Sold by
Letvin Craig
Bought by
Letvin Craig and Chao Monique

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,500
Interest Rate
7.82%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 12, 1999
Sold by
Trust Surrender & Girja Raina 1996 Family and Raina Surrender
Bought by
Letvin Craig

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,500
Interest Rate
7.68%

Purchase Details

Closed on
Nov 10, 1999
Sold by
Chao Monique
Bought by
Letvin Craig

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,500
Interest Rate
7.68%
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
Xiong John -- Placer Title Company
Xiong John $165,000 Placer Title Company
Alpine Holdings Inc $93,400 None Available
Fam Penn Gary J -- --
Letvin Craig -- --
Letvin Craig -- --
Letvin Craig $40,000 Fidelity National Title Co
Letvin Craig -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Xiong John $160,817
Previous Owner Alpine Holdings Inc $100,000
Previous Owner Alpine Holdings Inc $69,000
Previous Owner Penn Gary Joseph $315,000
Previous Owner Penn Gary Joseph $116,000
Previous Owner Penn Gary Joseph $30,000
Previous Owner Letvin Craig $44,500
Previous Owner Letvin Craig $40,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2012 03/01/12 Sold $165,000 +3.2% $68 / Sq Ft
01/17/2012 01/17/12 Pending -- -- --
11/09/2011 11/09/11 For Sale $159,900 -- $66 / 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 $2,687 $207,236 $31,394 $175,842
2024 $2,687 $203,174 $30,779 $172,395
2023 $2,695 $199,191 $30,176 $169,015
2022 $2,548 $195,286 $29,585 $165,701
2021 $2,534 $191,457 $29,005 $162,452
2020 $2,507 $189,495 $28,708 $160,787
2019 $2,474 $185,781 $28,146 $157,635
2018 $2,554 $182,140 $27,595 $154,545
2017 $2,406 $178,569 $27,054 $151,515
2016 $2,381 $175,069 $26,524 $148,545
2015 $2,248 $172,440 $26,126 $146,314
2014 $2,289 $169,063 $25,615 $143,448
Source: Public Records

Agents Affiliated with this Home

  • Roxanne McCaslin

    Seller's Agent in 2012

    Roxanne McCaslin

    eXp Realty of California Inc

    (916) 240-2773

    245 Total Sales

    Roxanne McCaslin
    Section Image

  • A

    Buyer's Agent in 2012

    Aneice Dixon

    Mohammed F. Koya

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Map

Source: MetroList

MLS Number: 11077192

MetroList

APN: 250-0102-026

California Sacramento County Sacramento 95838 West Del Paso Heights

561 South Ave, Sacramento, CA

This home is located at 561 South Ave, Sacramento, CA 95838 since 09 November 2011 and is currently estimated at $498,626, approximately $206 per square foot. This property was built in 2004. 561 South Ave is a home located in Sacramento County with nearby schools including Del Paso Heights Elementary School, Martin Luther King Jr. Technology Academy, and Grant Union 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.

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