NOT LISTED FOR SALE

5630 Odea Dr Sacramento, CA 95824

Estimated Value: $728,057 - $789,000

8 Beds
4 Baths
3,200 Sq Ft
$239/Sq Ft Est. Value

Last Sold January 12, 2021

Last sale price $623,750 $195 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $4,614/month

17 Days on Market

About This Home

As of January 2021

Looking for a well managed property stop here. Units are all updated, all of central heat & air together with indoor washer dryer units in each unit. all units have one covered parking stall. Exterior has new paint, new windows throughout new roof and more... we've updated and upgraded the landscape. click the link below to get a proforma cash flow analysis. https://bit.ly/5630Odea

Last Agent to Sell the Property

Ed Favinger

NextHome Haven Properties License #00812744 Listed on: 11/20/2020

NextHome Haven Properties

Last Buyer's Agent

Non-MLS Member

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • 9,720

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Raised Foundation

Parking

  • 1 Parking Space Included
  • 4 Covered Spaces

Additional Features

  • 2-Story Property
  • 9,720 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for rent only
  • Assessor Parcel Number 026-0283-005-0000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1972
  • Architectural Style: Unknown
  • Stories: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher,Disposal,Free Standing Electric Oven,Free Standing Electric Range,Free Standing Refrigerator,Gas Water Heater
  • Flooring: Carpet,See Remarks,Linoleum/Vinyl
  • Window Features: Dual Pane Full,Window Coverings

Exterior Features

  • Construction Materials: Frame,Stucco
  • Disclosures/Documents: Rent Control,Rental/Lease Agmts,See Remarks
  • Foundation: Raised
  • Listing Price: 650000.00
  • Roof: Flat

Garage/Parking

  • Covered Parking Spaces: 4
  • Parking Features: Carport,1+ Space Per Unit

Utilities

  • Sewer: Public Sewer,See Remarks
  • Cooling: Central
  • Heating: Central
  • Laundry Features: Washer/Dryer Owned,Washer/Dryer

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: 4plex
  • Lot Size Acres: 0.2231
  • Lot Size Sq Ft: 9720

Rental Info

  • Tenant Pays: Rent Only
  • Total # Leasable: 4

Multi Family

  • Income Includes: Rent Only
  • Existing Lease Type: See Remarks
  • Number of Leased Units: 4
  • Number of Units: 4
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 026-0283-005-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2020
Closed on
Jan 6, 2021
Sold by
Bair Properties Llc
Bought by
Wu Ruoxin
Seller's Agent
Ed Favinger
NextHome Haven Properties
Buyer's Agent
Non-MLS Member
Non-MLS Office
List Price
$650,000
Sold Price
$623,750
Premium/Discount to List
-$26,250
-4.04%
Current Estimated Value
$763,352

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,602
Avg. Annual Appreciation
4.09%

Purchase Details

Listed on
Aug 24, 2016
Closed on
Nov 16, 2016
Sold by
Rice Harris Gregory Phelps and Rice Harris Lisa
Bought by
Bair Properties Llc
Seller's Agent
Ron Benning
LPT Realty, Inc
Buyer's Agent
Ron Benning
LPT Realty, Inc
List Price
$389,000
Sold Price
$389,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.81%
Original Mortgage
$252,850
Interest Rate
3.44%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 24, 2016
Closed on
Oct 14, 2016
Sold by
Rennoc Enterprises Llc
Bought by
Rice Harris Gregory Phelps and Rice Harris Lisa
Seller's Agent
Ron Benning
LPT Realty, Inc
Buyer's Agent
Ron Benning
LPT Realty, Inc
List Price
$389,000
Sold Price
$389,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,850
Interest Rate
3.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2011
Sold by
Conner Timothy and Conner Jean
Bought by
Rennoc Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.9%
Mortgage Type
Balloon

Purchase Details

Closed on
Sep 8, 2010
Sold by
Rennoc Enterprises Llc
Bought by
Conner Timothy and Conner Jean

Purchase Details

Closed on
Jul 2, 2009
Sold by
U S Bank National Association
Bought by
Rennoc Enterprises Llc

Purchase Details

Closed on
Apr 27, 2009
Sold by
Valeros Ponchito and Valeros Alma N
Bought by
Downey Savings & Loan Association F A

Purchase Details

Closed on
Aug 29, 2008
Sold by
Valeros Ponchito N and Valeros Alma N
Bought by
New Sofia and New Joseph Soay

Purchase Details

Closed on
Apr 17, 2007
Sold by
Valeros Ponchito and Valeros Alma N
Bought by
Valeros Ponchito N and Valeros Alma N

Purchase Details

Closed on
Feb 1, 2005
Sold by
Serwanga Wasswa
Bought by
Valeros Ponchito and Valeros Alma N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,250
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 3, 2004
Sold by
Prasad Vijendra
Bought by
Serwanga Wasswa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,250
Interest Rate
8.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 10, 2002
Sold by
Prasad Lalita
Bought by
Prasad Vijendra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,500
Interest Rate
7.75%

Purchase Details

Closed on
May 28, 2002
Sold by
Singh Sanjay and Singh Asha
Bought by
Prasad Vijandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,500
Interest Rate
7.75%

Purchase Details

Closed on
Mar 13, 2002
Sold by
Nzoiwu Maduka C and Nzoiwu Margaret E
Bought by
Singh Sanjay and Singh Asha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
5.92%

Purchase Details

Closed on
Jul 11, 2000
Sold by
Metzger Edwin P and Metzger Dorothy E
Bought by
Nzoiwu Maduka C and Nzoiwu Margaret E

Purchase Details

Closed on
Dec 11, 1999
Sold by
Metzger Perry L and Metzger Carolyn D
Bought by
Metzger Perry L and Metzger Carolyn D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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
Wu Ruoxin $1,247,500 First American Title Company
Bair Properties Llc -- None Available
Rice Harris Gregory Phelps $389,000 Chicago Title Company
Rennoc Enterprises Llc -- Fidelity National Title Co
Conner Timothy -- North American Title Company
Rennoc Enterprises Llc $140,000 Lawyers Title
Downey Savings & Loan Association F A $104,250 Lawyers Title
New Sofia $377,500 Fidelity National Title Co
Valeros Ponchito N -- None Available
Valeros Ponchito $459,000 First American Title Co
Serwanga Wasswa $435,000 Alliance Title Company
Prasad Vijendra -- Stewart Title
Prasad Vijandra $278,000 Stewart Title
Singh Sanjay $140,000 Fidelity National Title Co
Nzoiwu Maduka C $13,000 Fidelity National Title Co
Metzger Perry L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rice Harris Gregory Phelps $252,850
Previous Owner Rennoc Enterprises Llc $150,000
Previous Owner Valeros Ponchito $344,250
Previous Owner Serwanga Wasswa $413,250
Previous Owner Prasad Vijandra $208,500
Previous Owner Singh Sanjay $112,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/12/2021 01/12/21 Sold $623,750 -4.0% $195 / Sq Ft
12/07/2020 12/07/20 Pending -- -- --
11/20/2020 11/20/20 For Sale $650,000 +67.1% $203 / Sq Ft
10/21/2016 10/21/16 Sold $389,000 0.0% $122 / Sq Ft View Prior Sale
09/12/2016 09/12/16 Pending -- -- --
08/23/2016 08/23/16 For Sale $389,000 -- $122 / 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 $7,805 $675,165 $200,249 $474,916
2024 $7,805 $661,927 $196,323 $465,604
2023 $7,624 $648,949 $192,474 $456,475
2022 $7,500 $636,225 $188,700 $447,525
2021 $4,836 $417,084 $123,302 $293,782
2020 $4,880 $412,808 $122,038 $290,770
2019 $4,778 $404,715 $119,646 $285,069
2018 $4,656 $396,780 $117,300 $279,480
2017 $4,595 $389,000 $115,000 $274,000
2016 $1,828 $151,513 $45,453 $106,060
2015 $2,444 $149,238 $44,771 $104,467
2014 $1,755 $146,315 $43,894 $102,421
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 20069885

MetroList

APN: 026-0283-005