NOT LISTED FOR SALE

Estimated Value: $2,030,503

2 Beds
6 Baths
3,995 Sq Ft
$508/Sq Ft Est. Value

Last Sold March 15, 2018

Last sale price $1,725,000 $432 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $12,740/month

27 Days on Market

Highlights

  • Contemporary Architecture
  • No HOA
  • Central Heating and Cooling System
  • Caleb Greenwood Elementary Rated A-
  • Tile Flooring

About This Home

As of March 2018

RARE EAST SACRAMENTO OPPORTUNITY! Newer mixed use in prime location consisting of two luxury lofts, an office occupied by Edward Jones, and a hair salon with plenty off-street parking.

Last Agent to Sell the Property

John Lee

Marcus & Millichap Real Estate License #01471311 Listed on: 01/07/2018

Last Buyer's Agent

Jesse Garcia

Keller Williams Realty License #01779874

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2005

Lot Details

  • 8,940

Parking

  • 1 Parking Space Included

Home Design

  • Quadruplex
  • Contemporary Architecture
  • Tile Roof

Interior Spaces

  • 2-Story Property
  • Tile Flooring

Additional Features

  • 8,940 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 004-0342-003

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 2 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 2005

Lot Details

8,940 Sq Ft Lot

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 2005
  • Architectural Style: Contemporary
  • Stories: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Varies By Unit
  • Other Equipment: Varies by Unit
  • Flooring: Tile

Exterior Features

  • Construction Materials: Brick,Stucco
  • Disclosures/Documents: Rental/Lease Agmts,None
  • Listing Price: 1800000.00
  • Roof: Tile

Garage/Parking

  • Parking Features: 1 Space Per Unit

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: Varies By Unit
  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: RMX-R
  • Lot Size Acres: 0.2052
  • Lot Size Sq Ft: 8940

Rental Info

  • Tenant Pays: Electricity
  • Total # Leasable: 4

Multi Family

  • Income Includes: Rent Only
  • Number of Leased Units: 4
  • Number of Month to Month Units: 2
  • Number of Units: 4
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 004-0342-003

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2018
Closed on
Feb 20, 2018
Sold by
Koshfam Abraham and Entezari Hossein A
Bought by
Mendichi Louis A and Lee Carmen O
Seller's Agent
John Lee
Marcus & Millichap Real Estate
Buyer's Agent
Jesse Garcia
Keller Williams Realty
List Price
$1,800,000
Sold Price
$1,725,000
Premium/Discount to List
-$75,000
-4.17%
Current Estimated Value
$2,030,503

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$305,503
Avg. Annual Appreciation
2.05%
Original Mortgage
$125,000
Outstanding Balance
$106,468
Interest Rate
4.22%
Mortgage Type
Seller Take Back
Estimated Equity
$1,924,035

Purchase Details

Closed on
May 5, 2017
Sold by
Entezari and Koshfam
Bought by
Koshfam Abraham and Entezari Hossein A

Purchase Details

Closed on
Jan 12, 2017
Sold by
Entezari Genevieve S
Bought by
Entezari Hossein A

Purchase Details

Closed on
Dec 20, 2006
Sold by
Koshfam Abraham K and Entezari Hossein A
Bought by
Entezari and Koshfam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.33%
Mortgage Type
Commercial

Purchase Details

Closed on
May 28, 2002
Sold by
Entezari Dale L
Bought by
Entezari Hossein A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
6.89%
Mortgage Type
Commercial
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
Mendichi Louis A $1,725,000 Old Republic Title Company
Koshfam Abraham -- Fidelity National Title Comp
Entezari Hossein A -- Fidelity National Title Comp
Koshfam Abraham -- Fidelity National Title Comp
Entezari -- Orange Coast Title Company
Entezari Hossein A -- Chicago Title Co
Koshfam Abraham K -- Chicago Title Co
Koshfam Abraham K $165,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mendichi Louis A $125,000
Previous Owner Entezari $650,000
Previous Owner Koshfam Abraham K $132,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2018 03/15/18 Sold $1,725,000 -4.2% $432 / Sq Ft
02/01/2018 02/01/18 Pending -- -- --
01/05/2018 01/05/18 For Sale $1,800,000 -- $451 / 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 $22,675 $1,962,751 $398,238 $1,564,513
2024 $22,675 $1,924,267 $390,430 $1,533,837
2023 $22,139 $1,886,537 $382,775 $1,503,762
2022 $21,767 $1,849,547 $375,270 $1,474,277
2021 $20,723 $1,813,282 $367,912 $1,445,370
2020 $20,912 $1,794,690 $364,140 $1,430,550
2019 $20,465 $1,759,500 $357,000 $1,402,500
2018 $6,700 $553,484 $76,367 $477,117
2017 $6,608 $542,632 $74,870 $467,762
2016 $6,366 $531,993 $73,402 $458,591
2015 $6,272 $524,003 $72,300 $451,703
2014 $6,107 $513,739 $70,884 $442,855
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 18001126

MetroList

APN: 004-0342-003

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