NOT LISTED FOR SALE

5712 Kenneth Ave Carmichael, CA 95608

Carmichael Town Center Neighborhood

Estimated Value: $710,000 - $967,971

8 Beds
4 Baths
3,000 Sq Ft
$293/Sq Ft Est. Value

Last Sold May 06, 2020

Last sale price $749,000 $250 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $5,420/month

5 Days on Market

Highlights

  • No HOA
  • Rio Americano High School Rated A-
  • Central Heating and Cooling System

About This Home

As of May 2020

5712 Kenneth Ave is a fourplex located in the Sacramento suburb of Carmichael. This multifamily property is composed of (4) 2 bedroom, 1 bathroom units, all of which are in great condition. The property is situated in a quiet neighborhood surrounded only by single family homes- this is the only multifamily property in the neighborhood. Rents are currently below market- market rate in the area is $1450 per month. There is ample street parking as well as off-street parking in the back of the property. There is a laundry facility onsite.

Last Agent to Sell the Property

Tim Swanston

North Coast Commercial, Inc. License #01887506 Listed on: 03/19/2020

North Coast Commercial, Inc.

Last Buyer's Agent

Jaafar Mirlohi

Stonebrook Realty Group Inc. License #02051754

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1973

Lot Details

  • 0.26

Parking

  • 1 Parking Space Included

Home Design

  • Quadruplex
  • Composition Roof

Additional Features

  • 2-Story Property
  • 0.26 Acre Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity gas
  • Assessor Parcel Number 272-0242-017-0000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 3 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1973
  • Stories: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Electric Oven,Dishwasher,Disposal,Free Standing Electric Oven,Gas Water Heater
  • Flooring: Tile,Wood

Exterior Features

  • Construction Materials: Brick Veneer,Frame,Stucco,Wood
  • Disclosures/Documents: Rental/Lease Agmts,None
  • Listing Price: 749000.00
  • Roof: Composition

Garage/Parking

  • Parking Features: 1+ Space Per Unit

Utilities

  • Sewer: Public Sewer
  • Cooling: Central
  • Heating: Central
  • Water Source: Public

Condo/Co-op/Association

  • Association Features: Yard Space
  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: RD-5 - RESIDENTIAL
  • Lot Size Acres: 0.2600
  • Lot Size Sq Ft: 11326

Rental Info

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

Multi Family

  • Income Includes: Laundry,Rent Only
  • Number of Leased Units: 4
  • Number of Month to Month Units: 3
  • Number of Units: 4
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 272-0242-017-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2020
Closed on
May 22, 2020
Sold by
Mirlohi Seyyed Jaafar and Huusfeldt Mirlohi Bethany Rose
Bought by
Mirlohi Seyyed Jaafar and Huusfeldt Mirlohi Bethany
Seller's Agent
Tim Swanston
North Coast Commercial, Inc.
Buyer's Agent
Jaafar Mirlohi
Stonebrook Realty Group Inc.
List Price
$749,000
Sold Price
$749,000
Current Estimated Value
$879,993

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,993
Avg. Annual Appreciation
2.90%
Original Mortgage
$749,000
Outstanding Balance
$663,346
Interest Rate
3.5%
Mortgage Type
VA
Estimated Equity
$216,647

Purchase Details

Listed on
Mar 19, 2020
Closed on
May 4, 2020
Sold by
Myers Clinton W and Myers Erin A
Bought by
Mirlohi Seyyed Jaafar and Huusfeldt Mirlohi Bethany Rose
Seller's Agent
Tim Swanston
North Coast Commercial, Inc.
Buyer's Agent
Jaafar Mirlohi
Stonebrook Realty Group Inc.
List Price
$749,000
Sold Price
$749,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$749,000
Outstanding Balance
$663,346
Interest Rate
3.5%
Mortgage Type
VA
Estimated Equity
$216,647

Purchase Details

Listed on
Sep 1, 2016
Closed on
Sep 28, 2016
Sold by
Kenneth Avenue Partners Llc
Bought by
Myers Clinton W and Myers Erin A
Seller's Agent
Robert Montuori
eXp Realty of California Inc.
Buyer's Agent
Tina Suter
House Real Estate
List Price
$414,900
Sold Price
$450,000
Premium/Discount to List
$35,100
8.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.20%

Purchase Details

Closed on
Aug 3, 2014
Sold by
Mallein Jean Claude B and Mallein Astrid Z
Bought by
Kenneth Avenue Partners Llc

Purchase Details

Listed on
Jan 20, 2012
Closed on
Jun 8, 2012
Sold by
The Anniebelle Family Limited Partnershi
Bought by
Mallein Jean Claude B and Mallein Astrid Z
Seller's Agent
Linda Tyler
Real Estate Agent Collective
Buyer's Agent
Robert Montuori
eXp Realty of California Inc.
List Price
$299,000
Sold Price
$285,000
Premium/Discount to List
-$14,000
-4.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.70%
Original Mortgage
$199,500
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2005
Sold by
Crooks Monica and Crooks Harold
Bought by
Anniebelle Family Lp

Purchase Details

Closed on
Feb 18, 2005
Sold by
Crooks Monica
Bought by
Crooks Monica and Crooks Harold

Purchase Details

Closed on
Dec 3, 2004
Sold by
Crooks Monica
Bought by
Crooks Monica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 8, 2004
Sold by
Crooks Pearl Annamonica and The Monica Crooks Revocable Tr
Bought by
Crooks Monica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 26, 2000
Sold by
Sepic Trust and Valentin A
Bought by
Crooks Monica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,103
Interest Rate
8.2%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 8, 1994
Sold by
Springle David
Bought by
Sepic Valentin A and Sepic Maria
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mirlohi Seyyed Jaafar -- None Available
Mirlohi Seyyed Jaafar $749,000 First American Title Company
Myers Clinton W $450,000 North American Title Company
Kenneth Avenue Partners Llc -- None Available
Mallein Jean Claude B $285,000 Stewart Title Sacramento
Anniebelle Family Lp $125,000 --
Crooks Monica -- --
Crooks Monica -- First American Title Lenders
Crooks Monica -- First American Title Ins Co
Crooks Monica $213,000 Stewart Title
Sepic Valentin A $210,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mirlohi Seyyed Jaafar $749,000
Previous Owner Mallein Jean Claude B $199,500
Previous Owner Crooks Monica $468,000
Previous Owner Crooks Monica $225,103
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/06/2020 05/06/20 Sold $749,000 0.0% $250 / Sq Ft
03/24/2020 03/24/20 Pending -- -- --
03/19/2020 03/19/20 For Sale $749,000 +66.4% $250 / Sq Ft
09/30/2016 09/30/16 Sold $450,000 +8.5% $150 / Sq Ft View Prior Sale
09/16/2016 09/16/16 Pending -- -- --
09/01/2016 09/01/16 For Sale $414,900 +45.6% $138 / Sq Ft
06/20/2012 06/20/12 Sold $285,000 -4.7% $95 / Sq Ft View Prior Sale
06/20/2012 06/20/12 Pending -- -- --
01/20/2012 01/20/12 For Sale $299,000 -- $100 / 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 $9,712 $819,136 $251,536 $567,600
2024 $9,712 $803,075 $246,604 $556,471
2023 $9,558 $787,329 $241,769 $545,560
2022 $9,368 $771,892 $237,029 $534,863
2021 $9,213 $756,758 $232,382 $524,376
2020 $5,774 $477,541 $223,012 $254,529
2019 $5,658 $468,179 $218,640 $249,539
2018 $5,590 $459,000 $214,353 $244,647
2017 $5,539 $450,000 $210,150 $239,850
2016 $3,555 $302,392 $141,116 $161,276
2015 $3,581 $297,851 $138,997 $158,854
2014 $3,509 $292,018 $136,275 $155,743
Source: Public Records

Agents Affiliated with this Home

  • Tim Swanston

    Seller's Agent in 2020

    Tim Swanston

    North Coast Commercial, Inc.

    (916) 414-8647

    1 in this area

    65 Total Sales

    Tim Swanston
    Section Image
  • Jaafar Mirlohi

    Buyer's Agent in 2020

    Jaafar Mirlohi

    Stonebrook Realty Group Inc.

    (206) 790-9070

    22 Total Sales

    Jaafar Mirlohi
    Section Image
  • Robert Montuori

    Seller's Agent in 2016

    Robert Montuori

    eXp Realty of California Inc.

    (916) 698-1171

    51 Total Sales

    Robert Montuori
    Section Image
  • Tina Suter

    Buyer's Agent in 2016

    Tina Suter

    House Real Estate

    (916) 247-9262

    7 in this area

    197 Total Sales

    Tina Suter
    Section Image

  • L

    Seller's Agent in 2012

    Linda Tyler

    Real Estate Agent Collective

    Section Image
See All Agents

Map

Source: MetroList

MLS Number: 20017451

MetroList

APN: 272-0242-017

California Sacramento County Carmichael 95608 Carmichael Town Center

5712 Kenneth Ave, Carmichael, CA

Not Listed for Sale

MultiFamily

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