NOT LISTED FOR SALE

Estimated Value: $500,000 - $747,174

4 Beds
4 Baths
1,936 Sq Ft
$341/Sq Ft Est. Value

Last Sold September 17, 2021

Last sale price $690,000 $356 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $4,334/month

44 Days on Market

Highlights

  • No HOA
  • Double Pane Windows
  • Laundry Facilities
  • Fenced Yard
  • Ceiling Fan
  • Vinyl Flooring

About This Home

As of September 2021

Cash Flow! Fully remodeled 4-plex, Fully occupied. Granite Countertops, Subway Tile Backsplash, Stainless Steel appliances (Fridge/Dishwasher/Gas Range/Microwave Hood), Luxury Vinyl Plank Flooring, Can Lights. New, Energy Efficient Ductless Heat & Air with Remotes, New Bath Tubs & Tile Showers, New Vanities, New Ceiling Fans, Dual Pane Windows, New 80 Gallon Water Heater, Laundry Room with Washer & Dryer, New Asphalt Parking Lot, Wrought Iron Fence & Gate, Auto Sprinklers front yard

Last Agent to Sell the Property

Christopher Reese

The Exception Realty License #01780565 Listed on: 06/16/2021

Last Buyer's Agent

James Tan

Bethany Real Estate & Investments License #00825870

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,663

Year Built

  • Built in 1954 | Remodeled

Lot Details

  • 6,098 Sq Ft Lot
  • Fenced Yard

Home Design

  • Quadruplex
  • Raised Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • Dual Flush Toilets
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Vinyl Flooring

Kitchen

  • Free-Standing Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces

Utilities

  • Ductless Heating Or Cooling System
  • 220 Volts
  • Natural Gas Connected

Listing and Financial Details

  • Security Deposit $4,292
  • Tenant pays for electricity, gas
  • Assessor Parcel Number 026-0072-006-0000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • Insurance Expense $1,408
  • Maintenance Expense $2,158
  • Operating Expense $1,017
  • Net Operating Income $40,489

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,663

Year Built

Built in 1954 | Remodeled

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Apartments
  • Property Subtype 1: Quadruplex
  • Stories: 2
  • Year Built: 1954
  • Levels: Two
  • Stories: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Range, Microwave, Dishwasher, Disposal
  • Other Equipment: Dual Flush Toilet
  • Flooring: Vinyl
  • Price Per Square Foot: 356.40
  • Window Features: Dual Pane Partial

Exterior Features

  • Construction Materials: Stucco, Wood
  • Exterior Features: Fenced Yard, Yard Space
  • Foundation: Raised
  • Listing Price: 699000.00
  • Lot Features: Curbs/Gutters, Sidewalk
  • Patio And Porch Features: Other
  • Property Condition: Updated/Remodeled
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 5
  • Parking Features: Uncovered
  • Total Parking Spaces: 5

Utilities

  • Security: Carbon Mon Detector, Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected
  • Cooling: Ceiling Fan(s), Ductless
  • Electric: 220 Volts
  • Heating: Ductless
  • Laundry Features: Washer/Dryer Owned, Other
  • Water Source: Public
  • Utilities Expenses: 536

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: R-3
  • Irrigation: None
  • Lot Size Acres: 0.1400
  • Lot Size Sq Ft: 6098

Rental Info

  • Tenant Pays: Electricity, Gas, Other
  • Total Deposit: 4292
  • Total # Leasable: 4

Multi Family

  • Gross Income: 52704
  • Operating Expense: 1017
  • Income Includes: Laundry
  • Existing Lease Type: See Remarks
  • Insurance Expense: 1408
  • Maintenance Expense: 2158
  • Number of Leased Units: 4
  • Number of Units: 4
  • Units Furnished: None
  • One Bedroom Annual Occupancy: 100
  • One Bedrooms Occupied: 4
  • 1 Bedroom Rent Range: 992 - 1100

Tax Info

  • Assessor Parcel Number: 026-0072-006-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 23, 2022
Sold by
Kitirattragarn Vincent
Bought by
Tojaso
Current Estimated Value
$659,681

Purchase Details

Listed on
Jun 16, 2021
Closed on
Sep 9, 2021
Sold by
Ninja Investments Llc
Bought by
Kitirattragarn Vincent and Li Cathleen
Seller's Agent
Christopher Reese
The Exception Realty
Buyer's Agent
James Tan
Bethany Real Estate & Investments
List Price
$699,000
Sold Price
$690,000
Premium/Discount to List
-$9,000
-1.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.91%
Original Mortgage
$506,253
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 2019
Sold by
Duarte Robin M and Powell Jennifer Maria
Bought by
Ninja Investments Llc and Reese Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
3.6%

Purchase Details

Closed on
Mar 13, 2009
Sold by
Wells Fargo Bank National Association
Bought by
Duarte Robin M and Powell Jennifer Maria

Purchase Details

Closed on
Nov 13, 2008
Sold by
Reddy Yagambaram and Reddy Lachmi
Bought by
Wells Fargo Bank National Association

Purchase Details

Closed on
Mar 31, 2005
Sold by
Bronson Richard A and Bronson Linda S
Bought by
Reddy Yagambaram and Reddy Lachmi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 9, 2004
Sold by
Lotek Ltd
Bought by
Bronson Richard A and Bronson Linda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,100
Interest Rate
6.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 20, 2003
Sold by
Ramirez Efren and Ramirez Maria Eva
Bought by
Lotek Limited
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
Tojaso -- --
Kitirattragarn Vincent $690,000 Consumers Title Company
Kitirattragarn Vincent $690,000 Consumers Title Company
Ninja Investments Llc $268,000 Stewart Title Of Sacramento
Duarte Robin M $140,000 Fidelity Natl Title Mclpc
Wells Fargo Bank National Association $138,512 None Available
Reddy Yagambaram $420,000 Financial Title Company
Bronson Richard A $326,000 Fidelity National Title Co
Lotek Limited $170,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kitirattragarn Vincent $506,253
Previous Owner Ninja Investments Llc $255,000
Previous Owner Reddy Yagambaram $336,000
Previous Owner Bronson Richard A $277,100
Closed Reddy Yagambaram $42,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2021 09/17/21 Sold $690,000 0.0% $356 / Sq Ft
07/30/2021 07/30/21 Pending -- -- --
07/14/2021 07/14/21 Off Market $690,000 -- --
06/16/2021 06/16/21 For Sale $699,000 -- $361 / 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 $8,663 $732,232 $219,669 $512,563
2024 $8,663 $717,875 $215,362 $502,513
2023 $8,458 $703,800 $211,140 $492,660
2022 $8,314 $690,000 $207,000 $483,000
2021 $5,172 $353,625 $90,932 $262,693
2020 $6,353 $350,000 $90,000 $260,000
2019 $8,654 $155,833 $57,715 $98,118
2018 $8,638 $152,779 $56,584 $96,195
2017 $14,755 $149,784 $55,475 $94,309
2016 $5,278 $146,848 $54,388 $92,460
2015 $5,442 $144,644 $53,572 $91,072
2014 $5,545 $141,812 $52,523 $89,289
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 221061343

MetroList

APN: 026-0072-006