NOT LISTED FOR SALE

5622 Cypress Ave Carmichael, CA 95608

Oakvale Neighborhood

Estimated Value: $510,569 - $558,000

4 Beds
2 Baths
1,600 Sq Ft
$329/Sq Ft Est. Value

Last Sold February 14, 2017

Last sale price $300,000 $188 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $3,106/month

18 Days on Market

Highlights

  • Property is near public transit
  • No HOA
  • 1-Story Property
  • Winston Churchill Middle School Rated A-
  • Cottage

About This Home

As of February 2017

Live-in one, rent the other...or good investor opportunity - Excellent Carmichael location for this duplex. Each is 2/1 with garage. Rear unit renovated in 2016. Close to everything! Walk to BelAir, Starbucks, Ace Hardware and Golden1. Updated kitchens and bathrooms, Indoor Laundry, Attached garages, Central HVAC, Must see to appreciate. Fully occupied. Zoned RD10!

Last Agent to Sell the Property

Tyler Edwards-Lohse

Coldwell Banker Associated Brokers License #01199472 Listed on: 12/22/2016

Coldwell Banker Associated Brokers

Last Buyer's Agent

Helena Riley

Re/Max Premier Realty License #01369007

Re/Max Premier Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 0.33

Parking

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

Home Design

  • Duplex
  • Cottage

Additional Features

  • 1-Story Property
  • 0.33 Acre Lot
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for rent only
  • Assessor Parcel Number 258-0021-030-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Leased Unit
  • 1 Unit Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1959
  • Architectural Style: Cottage/Bungalow
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2016

Interior Features

  • Appliances: Dishwasher,Disposal,Free Standing Gas Range
  • Other Equipment: Varies by Unit
  • Flooring: Carpet,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Frame,Stucco,Wood
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,See Remarks
  • Listing Price: 305900.00
  • Roof: Flat,Tar/Gravel

Garage/Parking

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

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Cooling: Ceiling Fan(s),Central
  • Heating: Central,Natural Gas

Condo/Co-op/Association

  • Association Features: Public Trans Nearby
  • Association: No

Schools

  • Senior High School District: San Juan Unified

Lot Info

  • Zoning Description: RD-10
  • Lot Size Acres: 0.3300
  • Lot Size Sq Ft: 14375

Rental Info

  • Tenant Pays: Rent Only
  • 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
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 258-0021-030-0000

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 26, 2019
Sold by
Phong Jessica
Bought by
Luong Johnny T
Current Estimated Value
$526,142

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,600
Outstanding Balance
$226,374
Interest Rate
6.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$299,768

Purchase Details

Listed on
Dec 22, 2016
Closed on
Feb 10, 2017
Sold by
Barsotti Adele and The Adele Barsotti Revocable T
Bought by
Luong Jhonny T and Luong Phong Jessica
Seller's Agent
Tyler Edwards-Lohse
Coldwell Banker Associated Brokers
Buyer's Agent
Helena Riley
Re/Max Premier Realty
List Price
$317,900
Sold Price
$300,000
Premium/Discount to List
-$17,900
-5.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.55%
Original Mortgage
$195,000
Interest Rate
4.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 20, 2003
Sold by
Samuel Eleanor J and Samuel Carl R
Bought by
Barsotti Adele and Adele Barsotti Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,375
Interest Rate
5.97%
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
Luong Johnny T -- Old Republic Title Company
Luong Jhonny T $300,000 First American Title Company
Barsotti Adele $215,000 Alliance Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luong Johnny T $246,600
Previous Owner Luong Jhonny T $195,000
Previous Owner Barsotti Adele $155,375
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/14/2017 02/14/17 Sold $300,000 -5.6% $188 / Sq Ft
01/06/2017 01/06/17 Pending -- -- --
12/19/2016 12/19/16 For Sale $317,900 -- $199 / 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 $4,182 $348,168 $127,661 $220,507
2024 $4,182 $341,342 $125,158 $216,184
2023 $4,077 $334,650 $122,704 $211,946
2022 $4,055 $328,090 $120,299 $207,791
2021 $3,989 $321,658 $117,941 $203,717
2020 $3,909 $318,361 $116,732 $201,629
2019 $3,839 $312,120 $114,444 $197,676
2018 $3,788 $306,000 $112,200 $193,800
2017 $3,363 $268,292 $113,554 $154,738
2016 $3,152 $263,032 $111,328 $151,704
2015 $3,106 $259,082 $109,656 $149,426
2014 $3,041 $254,007 $107,508 $146,499
Source: Public Records

Agents Affiliated with this Home

  • Tyler Edwards-Lohse

    Seller's Agent in 2017

    Tyler Edwards-Lohse

    Coldwell Banker Associated Brokers

    (916) 307-0896

    11 Total Sales

    Tyler Edwards-Lohse
    Section Image
  • Helena Riley

    Buyer's Agent in 2017

    Helena Riley

    Re/Max Premier Realty

    (916) 257-8240

    19 Total Sales

    Helena Riley
    Section Image
See All Agents

Map

Source: MetroList

MLS Number: 16077551

MetroList

APN: 258-0021-030

California Sacramento County Carmichael 95608 Oakvale

5622 Cypress Ave, Carmichael, CA

Not Listed for Sale

MultiFamily

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