NOT LISTED FOR SALE

5640 Odea Dr Sacramento, CA 95824

Estimated Value: $705,000 - $833,000

8 Beds
4 Baths
3,200 Sq Ft
$241/Sq Ft Est. Value

Last Sold January 12, 2021

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

Est. 24% increase in value since last sale

Current estimated payment $4,814/month

17 Days on Market

Highlights

  • No HOA
  • Central Air
  • Washer and Dryer

About This Home

As of January 2021

Four Plex in great condition with new roof, new paint, new windows through out. Units have been fixed up including washer/dryers in each unit Must be sold with the 4 plex next door at 5630 Odea click the link below to get a proforma cash flow analysis https://bit.ly/5640Odea

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

Est. Annual Taxes

  • $7,755

Year Built

  • Built in 1972

Lot Details

  • 7,610

Parking

  • 4 Covered Spaces

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Raised Foundation

Interior Spaces

  • 2-Story Property
  • Washer and Dryer

Additional Features

  • 7,610 Sq Ft Lot
  • Central Air

Listing and Financial Details

  • Tenant pays for cable tv electricity rent only
  • Assessor Parcel Number 026-0283-006-0000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,755

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1972
  • Accessibility Features: 0
  • Stories: 2
  • Number of Two Bedroom Units: 4
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Electric Oven,Dishwasher,Disposal,Free Standing Electric Oven,Free Standing Refrigerator,See Remarks
  • Flooring: Carpet,See Remarks,Linoleum/Vinyl
  • Window Features: Dual Pane Full,Window Coverings

Exterior Features

  • Construction Materials: Frame,Stucco,See Remarks
  • Disclosures/Documents: Rent Control,See Remarks
  • Foundation: Raised
  • Listing Price: 650000.00
  • Patio And Porch Features: See Remarks
  • Roof: Flat

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Features: See Remarks
  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: RD20
  • Lot Size Acres: 0.1747
  • Lot Size Sq Ft: 7610

Rental Info

  • Tenant Pays: Cable TV,Electricity,Rent Only
  • Total # Leasable: 4

Multi Family

  • Gross Income: 54816
  • Income Includes: Rent Only
  • Existing Lease Type: See Remarks
  • Number of Leased Units: 4
  • Number of Units: 4
  • Number of Vacant Units: 1
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 026-0283-006-0000
  • 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
$770,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,170
Avg. Annual Appreciation
4.70%

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 26, 2012
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
3.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

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

Purchase Details

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

Purchase Details

Closed on
Jun 24, 2009
Sold by
Wachovia Mortgage Fsb
Bought by
Rennoc Enterprises

Purchase Details

Closed on
May 27, 2009
Sold by
Nand Shew K
Bought by
Wachovia Mortgage Fsb and World Savings Bank

Purchase Details

Closed on
May 12, 2005
Sold by
Prasad Vijendra
Bought by
Nand Shew K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,500
Interest Rate
6.02%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jan 10, 2003
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
$200,000
Interest Rate
6.15%

Purchase Details

Closed on
Nov 24, 1999
Sold by
Arnold Williams Thomas R and Arnold Theresa M
Bought by
Vandagens Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,400
Interest Rate
7.96%
Source: Public Records

Range of Values:

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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
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
Rennoc Enterprises Llc -- Fnt
Conner Timothy -- North American Title Company
Rennoc Enterprises $115,000 Fidelity Natl Title Co Of Ca
Wachovia Mortgage Fsb $106,600 None Available
Nand Shew K $470,000 Alliance Title Company
Nand Shew K -- Alliance Title Company
Prasad Vijendra -- North American Title Co
Prasad Vijendra $250,000 North American Title Co
Vandagens Michael $123,000 Fidelity National Title Co
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 Rennoc Enterprises $120,000
Previous Owner Nand Shew K $352,500
Previous Owner Prasad Vijendra $200,000
Previous Owner Vandagens Michael $98,400
Closed Vandagens Michael $12,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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 $7,755 $675,165 $200,249 $474,916
2024 $7,755 $661,927 $196,323 $465,604
2023 $7,574 $648,949 $192,474 $456,475
2022 $7,450 $636,225 $188,700 $447,525
2021 $4,786 $417,084 $128,663 $288,421
2020 $4,831 $412,808 $127,344 $285,464
2019 $4,728 $404,715 $124,848 $279,867
2018 $4,607 $396,780 $122,400 $274,380
2017 $4,546 $389,000 $120,000 $269,000
2016 $1,471 $124,159 $36,794 $87,365
2015 $1,451 $122,295 $36,242 $86,053
2014 $1,411 $119,901 $35,533 $84,368
Source: Public Records

Agents Affiliated with this Home

  • Ed Favinger

    Seller's Agent in 2021

    Ed Favinger

    NextHome Haven Properties

    (916) 203-1260

    2 in this area

    27 Total Sales

    Ed Favinger
    Section Image

  • N

    Buyer's Agent in 2021

    Non-MLS Member

    Non-MLS Office

  • Ron Benning

    Seller's Agent in 2016

    Ron Benning

    LPT Realty, Inc

    (916) 730-3846

    3 in this area

    92 Total Sales

    Ron Benning
    Section Image
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Map

Source: MetroList

MLS Number: 20069897

MetroList

APN: 026-0283-006

California Sacramento County Sacramento 95824

5640 Odea Dr, Sacramento, CA

This home is located at 5640 Odea Dr, Sacramento, CA 95824 since 20 November 2020 and is currently estimated at $770,920, approximately $240 per square foot. This property was built in 1972. 5640 Odea Dr is a home located in Sacramento County with nearby schools including Ethel I. Baker Elementary School, Will C. Wood Middle School, and Hiram W. Johnson High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MetroList IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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