NOT LISTED FOR SALE

5617 Odea Dr Sacramento, CA 95824

Estimated Value: $416,000 - $559,000

4 Beds
4 Baths
2,146 Sq Ft
$228/Sq Ft Est. Value

Last Sold October 10, 2017

Last sale price $295,000 $137 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $2,860/month

5 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • Enclosed Patio or Porch

About This Home

As of October 2017

Excellent opportunity, this duplex is full of potential! 2 Bed / 2 Full Bath / 2 Car Garage on each side. Large floorplans, and real master suites. Spacious living rooms with fireplaces. Convenient location near Hwy 99 and in walking distance to the Fruitridge Aquatic Center.

Last Agent to Sell the Property

Linda Perry

Coldwell Banker Realty License #01407797 Listed on: 09/08/2017

Coldwell Banker Realty

Last Buyer's Agent

Maggie Choy

HomeSmart ICARE Realty License #01932902

HomeSmart ICARE Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1983

Lot Details

  • 7,619 Sq Ft Lot
  • Lot Dimensions: 120

Parking

  • 2 Car Garage
  • 1 Parking Space Included

Home Design

  • Duplex
  • Composition Roof

Additional Features

  • 1-Story Property
  • Enclosed Patio or Porch
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 026-0282-003-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Fruitridge Vista Subdivision

Building Details

  • 2 Vacant Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1983

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1983
  • Architectural Style: Ranch
  • Stories: 1
  • Subdivision: Fruitridge Vista
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Electric Oven,Dishwasher,Free Standing Refrigerator
  • Other Equipment: None
  • Flooring: Carpet,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Frame,Stucco,Wood
  • Disclosures/Documents: CC&Rs,None
  • Listing Price: 300000.00
  • Patio And Porch Features: Enclosed Patio
  • Roof: Composition

Garage/Parking

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

Utilities

  • Security: Carbon Mon Detector,Window Security Bars
  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: Laundry Hook-Up in Units,Patios/Balcony
  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: RD20
  • Lot Size Acres: 0.1749
  • Lot Dimensions: 120 x 63
  • Lot Size Sq Ft: 7619

Rental Info

  • Tenant Pays: Electricity
  • Total # Leasable: 2

Multi Family

  • Income Includes: Rent Only
  • Existing Lease Type: See Remarks
  • Number of Units: 2
  • Number of Vacant Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 026-0282-003-0000

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2017
Closed on
Oct 5, 2017
Sold by
Choy Mei Chee
Bought by
Low Cheng Hong
Seller's Agent
Linda Perry
Coldwell Banker Realty
Buyer's Agent
Maggie Choy
HomeSmart ICARE Realty
List Price
$300,000
Sold Price
$295,000
Premium/Discount to List
-$5,000
-1.67%
Current Estimated Value
$489,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,146
Avg. Annual Appreciation
6.28%

Purchase Details

Listed on
Dec 16, 2011
Closed on
Jan 30, 2012
Sold by
Ragsdale Jaemin
Bought by
Billings Michael
Seller's Agent
Daniel Claiborne
Claiborne Real Estate
Buyer's Agent
Tammy Yu
Berkshire Hathaway Home Services Elite Real Estate
List Price
$135,000
Sold Price
$130,000
Premium/Discount to List
-$5,000
-3.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.49%
Original Mortgage
$97,500
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2011
Sold by
Hollis Grafton and Hollis Lovie M
Bought by
Ragsdale Jaemin

Purchase Details

Closed on
Aug 9, 2011
Sold by
Hollis Ernestine
Bought by
Hollis Lovie M

Purchase Details

Closed on
Nov 6, 2008
Sold by
Hollis Lovie M
Bought by
Hollis Ernestine

Purchase Details

Closed on
May 21, 2008
Sold by
Hollis Ernestine
Bought by
Hollis Lovie M

Purchase Details

Closed on
Feb 28, 2008
Sold by
Hollis Grafton and Hollis Lovie M
Bought by
Hollis Ernestine

Purchase Details

Closed on
Sep 28, 2007
Sold by
Hollis Grafton and Hollis Lovie M
Bought by
Hollis Grafton and Hollis Lovie M

Purchase Details

Closed on
Aug 15, 2003
Sold by
Hollis Grafton and Hollis Lovie M
Bought by
Hollis Grafton and Hollis Lovie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 30, 1997
Sold by
Bankers Trust Company Of California Na
Bought by
Hollis Grafton and Hollis Lovie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
4.25%

Purchase Details

Closed on
Dec 23, 1997
Sold by
Hollis Grafton and Hollis Lovie M
Bought by
Hollis Grafton and Hollis Lovie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
4.25%

Purchase Details

Closed on
Oct 9, 1997
Sold by
Patel Shammi and Bear Stearns Mtg Securities In
Bought by
Bear Stearns Mtg Securities Inc

Purchase Details

Closed on
Oct 28, 1996
Sold by
Patel Deepak
Bought by
Patel Shammi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
8.11%
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
Low Cheng Hong -- Stewart Title Of Sacramento
Low Cheng Hong $118,000 Stewart Title Of Sacramento
Billings Michael $130,000 Fidelity National Title Co
Ragsdale Jaemin -- Fidelity National Title Co
Ragsdale Jaemin $81,100 None Available
Hollis Lovie M -- None Available
Hollis Ernestine -- None Available
Hollis Lovie M -- Old Republic Title Company
Hollis Ernestine -- None Available
Hollis Grafton -- None Available
Hollis Grafton -- Financial Title Company
Hollis Grafton $75,000 Commonwealth Land Title Co
Hollis Grafton -- --
Bear Stearns Mtg Securities Inc $89,250 Fidelity National Title Ins
Patel Shammi -- Old Republic Title Company
Patel Shammi $138,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ragsdale Jaemin $97,500
Previous Owner Hollis Grafton $130,000
Previous Owner Hollis Grafton $60,000
Previous Owner Patel Shammi $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/10/2017 10/10/17 Sold $295,000 -1.7% $137 / Sq Ft
09/13/2017 09/13/17 Pending -- -- --
09/08/2017 09/08/17 For Sale $300,000 +130.8% $140 / Sq Ft
02/03/2012 02/03/12 Sold $130,000 -3.7% $61 / Sq Ft View Prior Sale
12/27/2011 12/27/11 Pending -- -- --
12/16/2011 12/16/11 For Sale $135,000 -- $63 / 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 $3,844 $335,653 $100,694 $234,959
2024 $3,844 $329,072 $98,720 $230,352
2023 $3,754 $322,621 $96,785 $225,836
2022 $3,693 $316,296 $94,888 $221,408
2021 $3,517 $310,095 $93,028 $217,067
2020 $3,551 $306,917 $92,075 $214,842
2019 $3,475 $300,900 $90,270 $210,630
2018 $3,386 $295,000 $88,500 $206,500
2017 $1,653 $140,690 $21,643 $119,047
2016 $1,629 $137,932 $21,219 $116,713
2015 $1,606 $135,861 $20,901 $114,960
2014 $1,562 $133,201 $20,492 $112,709
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2017

    Linda Perry

    Coldwell Banker Realty

    Section Image
  • Maggie Choy

    Buyer's Agent in 2017

    Maggie Choy

    HomeSmart ICARE Realty

    (916) 220-3339

    10 Total Sales

    Maggie Choy
    Section Image
  • Daniel Claiborne

    Seller's Agent in 2012

    Daniel Claiborne

    Claiborne Real Estate

    (916) 316-1839

    71 Total Sales

    Daniel Claiborne
    Section Image
  • Tammy Yu

    Buyer's Agent in 2012

    Tammy Yu

    Berkshire Hathaway Home Services Elite Real Estate

    (916) 600-2098

    1 in this area

    63 Total Sales

    Tammy Yu
    Section Image
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Map

Source: MetroList

MLS Number: 17058418

MetroList

APN: 026-0282-003

California Sacramento County Sacramento 95824

5617 Odea Dr, Sacramento, CA

Not Listed for Sale

MultiFamily

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