NOT LISTED FOR SALE

5630 53rd St Sacramento, CA 95824

Estimated Value: $546,000 - $719,000

4 Beds
4 Baths
2,260 Sq Ft
$280/Sq Ft Est. Value

Sale Details

Date Sold: February 4, 2022

Last sale price $600,000 $265 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,916 / mo

10 Days on Market

About This Home

As of February 2022

GREAT opportunity to own a 4Plex building that has been renovated! New windows, flooring, and more plus brand new electrical panels in and completed. Completely gated for security and parking space behind gates as well. Laundry facility onsite. Walk across the street for groceries,restaurants, transportation. Dont wait! This is an opportunity to own immediate passive cash flow through a great multi unit property!

Last Agent to Sell the Property

Ariele Ross

Reliant Realty Inc. License #01975718 Listed on: 11/30/2021

Last Buyer's Agent

Taylor Greer

ERA Carlile Realty Group License #01414776

Property Details

Home Type

  • Apartment

Year Built

  • 1953

Lot Details

  • 6,098

Property Details

Home Type

Apartment

Year Built

1953

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Apartments
  • Property Sub Type: Quadruplex
  • Directions: Stockton Blvd south to Fruitride turn right on Fruitridge and left on 53rd. Property on the right.
  • Building Stories: 1
  • Special Features: None
  • Stories: 1
  • Year Built: 1953

Interior Features

  • Price Per Square Foot: 287.91
  • Flooring: Laminate, Wood, Varies by Unit
  • Number Of Buildings: 1
  • Stories: 1

Exterior Features

  • Foundation Details: Concrete, Slab
  • Construction Type: Stucco, Frame, Wood, Wood Siding
  • Lot Features: Private, Sidewalk

Garage/Parking

  • Parking Features: Off Street, Street
  • Open Parking Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Cooling: Wall Unit(s), Window Unit(s)
  • Heating: Wall Furnace
  • Laundry Features: In Common Area
  • Security: Carbon Mon Detector, Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Sacramento Unified

Lot Info

  • Lot Size Sq Ft: 6098.00
  • Zoning Description: R3

Rental Info

  • Total # Leasable: 4

Tax Info

  • Bonds/Assessments/Taxes: Unknown

Multi Family

  • Income Includes: Laundry,Parking
  • Number Of Units Total: 4
  • Number Of Units Vacant: 4

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2021
Closed on
Jan 31, 2022
Sold by
Chris Mcfadden
Bought by
Sanchez Mark and Oleachea Barbara
Seller's Agent
Ariele Ross
Reliant Realty Inc.
Buyer's Agent
Taylor Greer
ERA Carlile Realty Group
List Price
$599,000
Sold Price
$600,000
Premium/Discount to List
$1,000
0.17%
Current Estimated Value
$615,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,075
Avg. Annual Appreciation
1.24%
Original Mortgage
$450,000
Outstanding Balance
$415,732
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$216,010

Purchase Details

Closed on
Mar 12, 2019
Sold by
Us Bank Na
Bought by
Mcfadden Chris

Purchase Details

Closed on
Nov 19, 2018
Sold by
Carmagnola Gary M
Bought by
U S Bank National Association and Greenpoint Mortgage Funding Trust

Purchase Details

Closed on
Dec 5, 2006
Sold by
Carmagnola Gary M and Carmagnola Gary T
Bought by
Carmagnola Gary M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,750
Interest Rate
6.87%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 9, 2005
Sold by
Corcoran Patrick G and Corcoran Bernice T
Bought by
Carmagnola Gary T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,900
Interest Rate
1.37%
Mortgage Type
Negative Amortization
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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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
Sanchez Mark $600,000 Stewart Title
Mcfadden Chris $262,500 Title365 Company
U S Bank National Association $372,647 Title365
Carmagnola Gary M -- New Century Title Company
Carmagnola Gary T $396,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanchez Mark $450,000
Previous Owner Carmagnola Gary M $318,750
Previous Owner Carmagnola Gary T $284,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2022 02/04/22 Sold $600,000 +0.2% $265 / Sq Ft
12/10/2021 12/10/21 Pending -- -- --
11/30/2021 11/30/21 For Sale $599,000 -- $265 / Sq Ft
Source: MetroList

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 $7,597 $636,724 $191,017 $445,707
2024 $7,597 $624,240 $187,272 $436,968
2023 $7,417 $612,000 $183,600 $428,400
2022 $3,562 $275,932 $84,093 $191,839
2021 $6,118 $270,523 $82,445 $188,078
2020 $7,065 $267,750 $81,600 $186,150
2019 $3,318 $260,000 $80,000 $180,000
2018 $3,854 $310,000 $70,000 $240,000
2017 $3,344 $264,000 $55,000 $209,000
2016 $3,010 $443,591 $71,690 $371,901
2015 $4,870 $403,265 $65,173 $338,092
2014 $4,573 $380,439 $61,484 $318,955
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 221148546

MetroList

APN: 026-0071-009

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