NOT LISTED FOR SALE

Estimated Value: $1,034,000 - $1,159,195

10 Beds
5 Baths
3,667 Sq Ft
$300/Sq Ft Est. Value

Last Sold February 22, 2023

Last sale price $1,049,000 $286 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $6,852/month

2 Days on Market

Highlights

  • Vaulted Ceiling
  • Cul-De-Sac
  • Guest Parking
  • No HOA
  • Tile Flooring
  • Central Heating and Cooling System

About This Home

As of February 2023

This is the 4 plex you have been waiting for! This Property was built in 1987 and has the lowest GRM in the county for any active fourplex which means it should have some of the best cash flow in the county. Our Proforma CAP rate numbers based on current rents of $7,300.00 at an excellent 5% yield depending on predictions for variable expenses. This is a beautiful 4 plex of 4 townhomes each with 2-car garages and central heat and air. Front unit has cathedral ceilings 3bd and 1.5 baths. Units 2 & 3 are 2 bedrooms and 1 bathroom with all living and sleeping areas on the 2nd floor. Unit #4 is a 3 bd 1.5 bath with a dining and living room downstairs and all bedrooms and full bath upstairs. Offer with confidence knowing the seller has already completed a whole house inspection and a pest inspection. Just completed complete sprinkler fire system installation, new garage door and drought-friendly landscape installation.

Last Agent to Sell the Property

Dustin Murray

eXp Realty of California Inc. License #02146664 Listed on: 01/26/2023

eXp Realty of California Inc.

Last Buyer's Agent

Hamid Shojaei

Realty ONE Group Complete License #01491457

Realty ONE Group Complete

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1987

Lot Details

  • 0.25 Acre Lot
  • Cul-De-Sac

Parking

  • 8 Car Garage
  • 4 Open Parking Spaces
  • Garage Door Opener
  • Guest Parking

Home Design

  • Quadruplex
  • Concrete Foundation
  • Slab Foundation
  • Tile Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 3,667 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Window Treatments
  • Washer and Dryer Hookup

Kitchen

  • Free-Standing Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Linoleum
  • Laminate
  • Tile

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 258-0180-062-0000

Community Details

Building Details

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

Additional Features

  • No Home Owners Association
  • Building Fire Alarm

Property Details

Home Type

Multi-Family

Year Built

Built in 1987

Lot Details

0

Parking

8

Listing Details

  • Property Type: Residential Income
  • Subtype Description: Apartments
  • Property Subtype 1: Quadruplex
  • Year Built: 1987
  • Levels: Two
  • Stories: 2
  • Number of Three Bedroom Units: 2
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Range, Dishwasher, Disposal
  • Interior Amenities: Vaulted Ceiling(s)
  • Flooring: Carpet, Tile, Laminate, Linoleum, Varies by Unit
  • Price Per Square Foot: 286.06
  • Square Footage: 3667.00
  • Window Features: Window Coverings

Exterior Features

  • Construction Materials: Concrete, Stucco, Wood
  • Disclosures/Documents: Preliminary Title Report, Structural Pest Control Report, Home Inspection Report
  • Foundation: Slab, Concrete
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 1049500.00
  • Lot Features: Cul-De-Sac, Sidewalk
  • New Construction: No
  • Pool: No
  • Roof: Tile
  • Spa: No

Garage/Parking

  • Open Parking Spaces: 4.00
  • Garage Spaces: 8.00
  • Parking Features: Garage, Garage Door Opener, Guest Parking Available
  • Total Parking Spaces: 12.00

Utilities

  • Security: Fire Alarm, Fire Extinguisher, Smoke Detector, Fire Suppression System
  • Sewer: In & Connected
  • Utilities: Cable Available, Natural Gas Connected, City, DSL Available, Electric, Internet Available
  • Cooling: Central
  • Electric: 220 Volts
  • Heating: Central
  • Laundry Features: Washer/Dryer Hookups
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: RD-20
  • Irrigation: Irrigation Available
  • Lot Size Acres: 0.2519
  • Lot Size Sq Ft: 10973.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Expiration Date: 1800-01-011800-01-01
  • Lease Type: Net

Multi Family

  • Income Includes: ["Rent Only"]
  • Total Number Section8: 1
  • Number of Leased Units: 4
  • Number of Month to Month Units: 2
  • Units Furnished: None
  • Total Number Owner Occupied: 4

Tax Info

  • Assessor Parcel Number: 258-0180-062-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 8, 2023
Sold by
Haihong Zhu Living Trust
Bought by
Haihong Zhu Living Trust
Current Estimated Value
$1,101,299

Purchase Details

Listed on
Jan 26, 2023
Closed on
Mar 16, 2023
Sold by
Haihong Zhu Living Trust
Bought by
Haihong Zhu Living Trust
Seller's Agent
Dustin Murray
eXp Realty of California Inc.
Buyer's Agent
Hamid Shojaei
Realty ONE Group Complete
List Price
$1,050,000
Sold Price
$1,049,000
Premium/Discount to List
-$1,000
-0.1%
Views
20

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.72%
Original Mortgage
$550,000
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 26, 2023
Closed on
Feb 10, 2023
Sold by
Wumurray Rental Llc
Bought by
Haihong Zhu Living Trust
Seller's Agent
Dustin Murray
eXp Realty of California Inc.
Buyer's Agent
Hamid Shojaei
Realty ONE Group Complete
List Price
$1,050,000
Sold Price
$1,049,000
Premium/Discount to List
-$1,000
-0.1%
Views
20

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 30, 2022
Closed on
Oct 29, 2022
Sold by
Murray Dustin
Bought by
Wumurray Rental Llc
Seller's Agent
Ron Benning
LPT Realty, Inc
Buyer's Agent
Dustin Murray
MetroList Online Applications
List Price
$999,999
Sold Price
$1,003,000
Premium/Discount to List
$3,001
0.3%
Views
28

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.27%

Purchase Details

Closed on
Aug 16, 2019
Sold by
Castaneda Custaneda Elizabeth Rocio and Castaneda Felix Elizabeth
Bought by
Felix Elizabeth C

Purchase Details

Closed on
Aug 25, 2010
Sold by
Castaneda Rocio E
Bought by
Castaneda Elizabeth Rocio

Purchase Details

Closed on
Feb 3, 2010
Sold by
Barman Marc Alan
Bought by
Castaneda Rocio E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,615
Interest Rate
5.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2003
Sold by
Mieritz Jacob K
Bought by
Barman Marc Alan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
5.75%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Oct 2, 2001
Sold by
Mehta Yeshwant D and Mehta Ila Y
Bought by
Mieritz Jakob K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,850
Interest Rate
6.84%

Purchase Details

Closed on
Jul 25, 1996
Sold by
Parekh Nitin R and Parekh Alka N
Bought by
Parekh Nitin R and Parekh Alka N

Purchase Details

Closed on
Jan 20, 1995
Sold by
Kadakia Mukesh and Kadakia Swati M
Bought by
Kadakia Mukesh and Kadakia Swati

Purchase Details

Closed on
Aug 1, 1994
Sold by
Kadakia Tushar and Kadakia Smita
Bought by
Kadakia Tushar and Kadakia Smita
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
Haihong Zhu Living Trust -- None Listed On Document
Haihong Zhu Living Trust -- Fidelity National Title Compan
Haihong Zhu Living Trust $1,049,000 Fidelity National Title Compan
Wumurray Rental Llc -- --
Felix Elizabeth C -- None Available
Castaneda Elizabeth Rocio -- None Available
Castaneda Rocio E $300,000 Placer Title Company
Barman Marc Alan $690,000 Commerce Title Company
Mieritz Jakob K $390,000 Placer Title Company
Parekh Nitin R -- --
Kadakia Mukesh -- --
Kadakia Tushar -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Haihong Zhu Living Trust $550,000
Previous Owner Castaneda Rocio E $308,615
Previous Owner Barman Marc Alan $450,000
Previous Owner Mieritz Jakob K $320,850
Closed Barman Marc Alan $36,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/22/2023 02/22/23 Sold $1,049,000 -0.1% $286 / Sq Ft
01/28/2023 01/28/23 Pending -- -- --
01/26/2023 01/26/23 For Sale $1,050,000 +4.7% $286 / Sq Ft
09/20/2022 09/20/22 Sold $1,003,000 +0.3% $358 / Sq Ft View Prior Sale
09/04/2022 09/04/22 Pending -- -- --
08/30/2022 08/30/22 For Sale $999,999 -- $357 / 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 $12,983 $1,091,379 $208,080 $883,299
2024 $12,983 $1,069,980 $204,000 $865,980
2023 $12,221 $1,003,000 $200,000 $803,000
2022 $4,496 $364,898 $91,221 $273,677
2021 $4,423 $357,744 $89,433 $268,311
2020 $4,341 $354,076 $88,516 $265,560
2019 $4,255 $347,134 $86,781 $260,353
2018 $4,207 $340,329 $85,080 $255,249
2017 $4,167 $333,657 $83,412 $250,245
2016 $3,896 $327,116 $81,777 $245,339
2015 $3,917 $322,203 $80,549 $241,654
2014 $3,838 $315,893 $78,972 $236,921
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 223006093

MetroList

APN: 258-0180-062