NOT LISTED FOR SALE

5738 Garfield Ave Sacramento, CA 95841

Estimated Value: $819,345 - $893,000

8 Beds
4 Baths
3,960 Sq Ft
$214/Sq Ft Est. Value

Last Sold April 17, 2020

Last sale price $600,000 $152 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $5,420/month

10 Days on Market

About This Home

As of April 2020

GREAT OPPPORUNITY to own this centrally located Fourplex! Near American River College, shopping, and transportation.

Last Agent to Sell the Property

Zack Alber

Tower Real Estate Brokers Inc. License #01242211 Listed on: 02/24/2020

Last Buyer's Agent

Michael Nerby

Coldwell Banker Realty License #01975620

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,393

Year Built

  • Built in 1965

Lot Details

  • 8,398

HOA Fees

  • $279 Monthly HOA Fees

Home Design

  • Quadruplex
  • Composition Roof

Additional Features

  • 1-Story Property
  • 8,398 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable tv electricity
  • Assessor Parcel Number 220-0312-002-0000

Community Details

Overview

  • 4 Units

Building Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,393

Year Built

Built in 1965

Lot Details

0

HOA Fees

$279 per month

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1965
  • Stories: 1
  • Number of Two Bedroom Units: 4
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Disposal,Free Standing Electric Range
  • Other Equipment: None
  • Flooring: Carpet,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Stucco,Wood
  • Disclosures/Documents: CC&Rs,None
  • Listing Price: 590000.00
  • Roof: Composition

Garage/Parking

  • Parking Features: 1 Space Per Unit

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: None
  • Association Fee: 279
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Senior High School District: San Juan Unified

Lot Info

  • Zoning Description: RES
  • Lot Size Acres: 0.1928
  • Lot Size Sq Ft: 8398

Rental Info

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

Multi Family

  • Gross Income: 54365
  • Income Includes: Laundry
  • Existing Lease Type: See Remarks
  • Number of Leased Units: 4
  • Number of Month to Month Units: 4
  • Number of Units: 4
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 220-0312-002-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2020
Closed on
Mar 18, 2020
Sold by
Fanucchi James E and Fanucchi Kimberly
Bought by
Dcr Properties Llc
Seller's Agent
Zack Alber
Tower Real Estate Brokers Inc.
Buyer's Agent
Michael Nerby
Coldwell Banker Realty
List Price
$590,000
Sold Price
$600,000
Premium/Discount to List
$10,000
1.69%
Current Estimated Value
$849,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$249,336
Avg. Annual Appreciation
6.63%

Purchase Details

Listed on
Apr 18, 2015
Closed on
Jul 9, 2015
Sold by
Altus Hybrid Growth Fund Lp
Bought by
The James & Kimberly Fanucchi Revocable
Seller's Agent
Dan Lozano
GQ North Real Estate
Buyer's Agent
Zack Alber
Tower Real Estate Brokers Inc.
List Price
$320,000
Sold Price
$325,000
Premium/Discount to List
$5,000
1.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.72%
Original Mortgage
$243,750
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 21, 2012
Closed on
Oct 18, 2012
Sold by
Stewart Mark A and Stewart Anna
Bought by
Altus Hybrid Growth Fund Lp
Seller's Agent
Laura Ales
RE/MAX Gold
Buyer's Agent
Dan Lozano
GQ North Real Estate
List Price
$150,000
Sold Price
$150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.02%

Purchase Details

Closed on
Jul 21, 2005
Sold by
Mckenzie Virgil D
Bought by
Stewart Mark A and Stewart Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 23, 2004
Sold by
Landis Michael C
Bought by
Mckenzie Virgil D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
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
Dcr Properties Llc $600,000 Placer Title Company
The James & Kimberly Fanucchi Revocable $325,000 Stewart Title Of Sacramento
Altus Hybrid Growth Fund Lp $150,000 Old Republic Title Company
Stewart Mark A $595,000 Stewart Title Of Sacramento
Mckenzie Virgil D $485,000 Stewart Title Of Sacramento
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner The James & Kimberly Fanucchi Revocable $243,750
Previous Owner Stewart Mark A $400,000
Previous Owner Mckenzie Virgil D $388,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2020 04/17/20 Sold $600,000 +1.7% $152 / Sq Ft
03/05/2020 03/05/20 Pending -- -- --
02/24/2020 02/24/20 For Sale $590,000 +81.5% $149 / Sq Ft
07/13/2015 07/13/15 Sold $325,000 +1.6% $82 / Sq Ft
04/25/2015 04/25/15 Pending -- -- --
04/17/2015 04/17/15 For Sale $320,000 +113.3% $81 / Sq Ft
10/26/2012 10/26/12 Sold $150,000 0.0% $38 / Sq Ft
09/19/2012 09/19/12 Pending -- -- --
05/21/2012 05/21/12 For Sale $150,000 -- $38 / 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 $7,393 $656,183 $142,171 $514,012
2024 $7,393 $643,318 $139,384 $503,934
2023 $7,445 $630,704 $136,651 $494,053
2022 $7,006 $618,338 $133,972 $484,366
2021 $6,988 $606,215 $131,346 $474,869
2020 $4,075 $351,788 $108,242 $243,546
2019 $4,022 $344,891 $106,120 $238,771
2018 $3,821 $338,130 $104,040 $234,090
2017 $3,920 $331,500 $102,000 $229,500
2016 $3,922 $325,000 $100,000 $225,000
2015 $1,787 $153,689 $40,983 $112,706
2014 $1,823 $150,680 $40,181 $110,499
Source: Public Records

Agents Affiliated with this Home

  • Zack Alber

    Seller's Agent in 2020

    Zack Alber

    Tower Real Estate Brokers Inc.

    (916) 628-2787

    55 Total Sales

    Zack Alber
    Section Image

  • M

    Buyer's Agent in 2020

    Michael Nerby

    Coldwell Banker Realty

    Section Image
  • Dan Lozano

    Seller's Agent in 2015

    Dan Lozano

    GQ North Real Estate

    (916) 616-6765

    15 Total Sales

    Dan Lozano
    Section Image

  • L

    Seller's Agent in 2012

    Laura Ales

    RE/MAX

    Section Image
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Map

Source: MetroList

MLS Number: 20011036

MetroList

APN: 220-0312-002

California Sacramento County Sacramento 95841

5738 Garfield Ave, Sacramento, CA

This home is located at 5738 Garfield Ave, Sacramento, CA 95841 since 24 February 2020 and is currently estimated at $849,336, approximately $214 per square foot. This property was built in 1965. 5738 Garfield Ave is a home located in Sacramento County with nearby schools including Pioneer Elementary School, Foothill High School, and Cornerstone Christian 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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