NOT LISTED FOR SALE

5657 Odea Dr Sacramento, CA 95824

Estimated Value: $687,000 - $748,000

7 Beds
6 Baths
3,325 Sq Ft
$215/Sq Ft Est. Value

Last Sold April 13, 2016

Last sale price $340,000 $102 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $4,122/month

7 Days on Market

Highlights

  • A-Frame Home
  • Central Heating and Cooling System
  • Laundry Facilities
  • No HOA

About This Home

As of April 2016

The numbers make sense! Positive cash flow and fully occupied. Clean property, easy to maintain and manage. 4 single car garages. Additional income may be derived from onsite coin-operated washing and drying machines.

Last Agent to Sell the Property

Matthew Hindy

Nick Sadek Sotheby's International Realty License #01945937 Listed on: 03/04/2016

Co-Listed By

Joanne Santaella

Better Homes and Gardens RE License #01420607

Last Buyer's Agent

Meleah Webb

Regency Real Estate Brokers License #01318193

Property Details

Home Type

  • Multi-Family

Year Renovated

  • 2008

Lot Details

  • 9,287

Parking

  • 4 Car Garage
  • 1 Parking Space Included

Home Design

  • Quadruplex
  • A-Frame Home

Additional Features

  • 2-Story Property
  • 9,287 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 026-0282-008-0000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 3 Units Leased Month-To-Month
  • Insurance Expense $2,147
  • Operating Expense $7,585

Property Details

Home Type

Multi-Family

Year Renovated

2008

Lot Details

0

Parking

4

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Architectural Style: A-Frame
  • Stories: 2
  • Year Built Details: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2008

Interior Features

  • Appliances: See Remarks
  • Other Equipment: None
  • Flooring: Carpet,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Brick,Frame,Wood
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,None
  • Listing Price: 340000.00
  • Roof: Flat,Shake

Garage/Parking

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

Utilities

  • Cooling: Central
  • Heating: Central
  • Laundry Features: Washer/Dryer Owned

Condo/Co-op/Association

  • Association Features: Patios/Balcony,Separate Laundry Facility,Varies By Unit
  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: RD20
  • Lot Size Acres: 0.2132
  • Lot Size Sq Ft: 9287

Rental Info

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

Multi Family

  • Operating Expense: 7585
  • Income Includes: Coin Operated Equipment
  • Insurance Expense: 2147
  • Number of Leased Units: 4
  • Number of Month to Month Units: 3
  • Number of Units: 4
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 026-0282-008-0000

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2016
Closed on
Apr 11, 2016
Sold by
Webb Andrea Y
Bought by
Webb Christopher
Seller's Agent
Matthew Hindy
Nick Sadek Sotheby's International Realty
Buyer's Agent
Meleah Webb
Regency Real Estate Brokers
List Price
$340,000
Sold Price
$340,000
Current Estimated Value
$715,145

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$375,145
Avg. Annual Appreciation
7.94%
Original Mortgage
$255,000
Outstanding Balance
$202,316
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$512,829

Purchase Details

Listed on
Mar 4, 2016
Closed on
Apr 8, 2016
Sold by
Hart Jenifer
Bought by
Hart Thomas Webb
Seller's Agent
Matthew Hindy
Nick Sadek Sotheby's International Realty
Buyer's Agent
Meleah Webb
Regency Real Estate Brokers
List Price
$340,000
Sold Price
$340,000

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
Outstanding Balance
$202,316
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$512,829

Purchase Details

Listed on
Mar 4, 2016
Closed on
Apr 6, 2016
Sold by
Bergin Arthur J and Bergin Sonia R
Bought by
Hart Thomas Webb and Webb Christopher
Seller's Agent
Matthew Hindy
Nick Sadek Sotheby's International Realty
Buyer's Agent
Meleah Webb
Regency Real Estate Brokers
List Price
$340,000
Sold Price
$340,000

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
Outstanding Balance
$202,316
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$512,829

Purchase Details

Closed on
Sep 25, 2012
Sold by
Bergin Arthur J and Bergin Sonia R
Bought by
Bergin Sonia R and The Bergin Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,000
Interest Rate
3.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 2008
Sold by
Bergin Sonia R
Bought by
Bergin Arthur J

Purchase Details

Closed on
May 5, 2008
Sold by
U S Bank Na
Bought by
Bergin Sonia R and Bergin Family Trust

Purchase Details

Closed on
Mar 23, 2007
Sold by
Lee John Craig and Williams Lee Linda
Bought by
Us Bank Na and Gsaa Home Equity Trust 2005-14

Purchase Details

Closed on
Jun 22, 2005
Sold by
Stolese Timothy F and Stolese Donna M
Bought by
Lee John Craig and Williams Lee Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,850
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 31, 1997
Sold by
Talboys Richard G
Bought by
Stolese Timothy F and Stolese Donna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
4.25%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Webb Christopher -- Placer Title Company
Hart Thomas Webb -- Placer Title Company
Hart Thomas Webb $340,000 Placer Title Company
Bergin Sonia R -- Placer Title Company
Bergin Arthur J -- Placer Title Company
Bergin Arthur J -- First American Title Company
Bergin Sonia R $197,000 First American Title Company
Us Bank Na $395,734 Accommodation
Lee John Craig $498,500 Stewart Title Of Sacramento
Stolese Timothy F $110,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hart Thomas Webb $255,000
Previous Owner Bergin Arthur J $111,000
Previous Owner Lee John Craig $373,850
Previous Owner Stolese Timothy F $88,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/13/2016 04/13/16 Sold $340,000 0.0% $102 / Sq Ft
03/09/2016 03/09/16 Pending -- -- --
03/02/2016 03/02/16 For Sale $340,000 -- $102 / 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 $4,600 $402,484 $142,051 $260,433
2024 $4,600 $394,593 $139,266 $255,327
2023 $4,493 $386,857 $136,536 $250,321
2022 $4,420 $379,272 $133,859 $245,413
2021 $4,208 $371,836 $131,235 $240,601
2020 $4,249 $368,024 $129,890 $238,134
2019 $4,159 $360,809 $127,344 $233,465
2018 $4,051 $353,736 $124,848 $228,888
2017 $3,997 $346,800 $122,400 $224,400
2016 $2,552 $218,581 $77,667 $140,914
2015 $2,516 $215,299 $76,501 $138,798
2014 $2,446 $211,083 $75,003 $136,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 16012657

MetroList

APN: 026-0282-008