NOT LISTED FOR SALE

5756 Garfield Ave Sacramento, CA 95841

Estimated Value: $814,000 - $888,000

8 Beds
4 Baths
3,740 Sq Ft
$223/Sq Ft Est. Value

Last Sold May 18, 2021

Last sale price $728,000 $195 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $5,470/month

6 Days on Market

Highlights

  • Corner Lot
  • Central Heating and Cooling System
  • Coin Laundry
  • Tile Flooring
  • 8 Car Garage

About This Home

As of May 2021

Cash flow is the name of the game! Multifamily property offers 4 two-bedroom one-bath units with 2 two-car garages. All units are occupied and in great shape. Two units were remodeled in 2018 and feature laminate flooring, tiled bathrooms, custom paint, granite counter tops. There is additional revenue from coin-operated laundry. The property is located near schools and employment centers. Easy access to I-80. It won't last with this CAP rate!

Last Agent to Sell the Property

Vlad Okel

Capital Group Realty, Inc. License #01865323 Listed on: 03/18/2021

Last Buyer's Agent

Ellen Herrle

The Real Estate Insider Group License #00521277

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,911

Year Built

  • Built in 1961

Lot Details

  • 9,583 Sq Ft Lot
  • Corner Lot

HOA Fees

  • $285 Monthly HOA Fees

Parking

  • 8 Car Garage

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Concrete Foundation
  • Slab Foundation
  • Frame Construction
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 2-Story Property

Kitchen

  • Free-Standing Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • 220 Volts
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number 220-0312-005-0000

Community Details

Overview

  • Association fees include 0
  • 4 Units
  • Mandatory home owners association

Amenities

  • Coin Laundry

Building Details

  • 4 Leased Units
  • 4 Units Leased Month-To-Month
  • Insurance Expense $2,194

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,911

Year Built

Built in 1961

Lot Details

0

HOA Fees

$285 per month

Listing Details

  • Property Type: Residential Income
  • Subtype Description: Apartments
  • Property Subtype 1: Quadruplex
  • Stories: 2
  • Year Built: 1961
  • Stories: 2
  • Number of Two Bedroom Units: 4
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Refrigerator, Microwave, Dishwasher, Disposal, Free Standing Electric Range
  • Flooring: Tile, Laminate, Varies by Unit

Exterior Features

  • Construction Materials: Brick, Stucco, Frame, Wood
  • Disclosures/Documents: Rental/Lease Agmts
  • Foundation: Concrete, Slab
  • Listing Price: 699000.00
  • Lot Features: Corner

Garage/Parking

  • Parking Features: Garage
  • Total Parking Spaces: 8

Utilities

  • Security: Carbon Mon Detector, Smoke Detector
  • Sewer: In & Connected
  • Utilities: Natural Gas Connected
  • Cooling: Central
  • Electric: 220 Volts
  • Heating: Central, Natural Gas
  • Laundry Features: Coin Operated, In Common Area, Washer/Dryer Owned
  • Water Source: Public

Condo/Co-op/Association

  • Association Features: See Remarks
  • Association Fee: 285
  • Association Fee Frequency: Monthly
  • Association Fee Includes: 0
  • Association: Yes

Association/Amenities

  • Mandatory Association: Yes

Schools

  • Senior High School District: Twin Rivers Unified

Lot Info

  • Zoning Description: RD-20
  • Irrigation: Public District
  • Lot Size Acres: 0.2200
  • Lot Size Sq Ft: 9583

Rental Info

  • Total # Leasable: 4

Multi Family

  • Gross Income: 48960
  • Income Includes: Laundry
  • Insurance Expense: 2194
  • Number of Leased Units: 4
  • Number of Month to Month Units: 4
  • Number of Units: 4
  • Units Furnished: None
  • Two Bedroom Annual Occupancy: 100
  • Two Bedrooms Occupied: 4
  • Two Bedroom Rent Range: 880-1200

Tax Info

  • Assessor Parcel Number: 220-0312-005-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2021
Closed on
May 14, 2021
Sold by
Sun Chase and Sun Jensen C
Bought by
Simundich Klare Nora and Simundich Philip
Seller's Agent
Vlad Okel
Capital Group Realty, Inc.
Buyer's Agent
Ellen Herrle
The Real Estate Insider Group
List Price
$699,000
Sold Price
$728,000
Premium/Discount to List
$29,000
4.15%
Current Estimated Value
$833,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,682
Avg. Annual Appreciation
3.18%
Original Mortgage
$437,000
Outstanding Balance
$397,711
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$435,971

Purchase Details

Listed on
Jun 20, 2019
Closed on
Aug 8, 2019
Sold by
Trofimov Denis
Bought by
Sun Chase and Sun Jensen C
Seller's Agent
Vlad Okel
Capital Group Realty, Inc.
Buyer's Agent
Mike Rowland
Windermere Rowland Realty
List Price
$644,900
Sold Price
$650,000
Premium/Discount to List
$5,100
0.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.61%

Purchase Details

Listed on
Jun 20, 2019
Closed on
Jul 10, 2019
Sold by
Trofimov Lyudmila
Bought by
Trofimov Denis
Seller's Agent
Vlad Okel
Capital Group Realty, Inc.
Buyer's Agent
Mike Rowland
Windermere Rowland Realty
List Price
$644,900
Sold Price
$650,000
Premium/Discount to List
$5,100
0.79%

Purchase Details

Listed on
Jun 20, 2019
Closed on
Jul 3, 2019
Sold by
Trofimov Kirill
Bought by
Trofimov Denis
Seller's Agent
Vlad Okel
Capital Group Realty, Inc.
Buyer's Agent
Mike Rowland
Windermere Rowland Realty
List Price
$644,900
Sold Price
$650,000
Premium/Discount to List
$5,100
0.79%

Purchase Details

Listed on
Aug 23, 2011
Closed on
Jan 6, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Trofimov Kirill
Seller's Agent
Henry Currie
Mistro Realty & Associates
Buyer's Agent
Kobi Grant
Kobi Grant
List Price
$157,300
Sold Price
$150,000
Premium/Discount to List
-$7,300
-4.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.47%
Original Mortgage
$112,500
Interest Rate
3.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 6, 2011
Sold by
Laleabadi Kalil
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Sep 7, 2000
Sold by
Berry Ken and Berry Sandra J
Bought by
Laleabadi Kalil

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,875
Interest Rate
7.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 25, 1999
Sold by
Berry Ken and Berry Sandra J
Bought by
Berry Kenneth W and Berry Sandra J
Source: Public Records

Range of Values:

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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
Simundich Klare Nora $728,000 Chicago Title Company
Sun Chase $650,000 Chicago Title Company
Trofimov Denis -- Chicago Title Company
Trofimov Denis -- Chicago Title Company
Trofimov Kirill $150,000 Lsi Title Company
Federal Home Loan Mortgage Corporation $148,488 Accommodation
Laleabadi Kalil $192,500 Financial Title Company
Berry Kenneth W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simundich Klare Nora $437,000
Previous Owner Trofimov Kirill $112,500
Previous Owner Laleabadi Kalil $110,000
Previous Owner Berry Ken $20,000
Previous Owner Berry Ken $80,000
Previous Owner Laleabadi Kalil $182,875
Previous Owner Berry Ken $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2021 05/23/21 Off Market $728,000 -- --
05/18/2021 05/18/21 Sold $728,000 +4.1% $195 / Sq Ft
03/26/2021 03/26/21 Pending -- -- --
03/19/2021 03/19/21 For Sale $699,000 +7.5% $187 / Sq Ft
08/12/2019 08/12/19 Sold $650,000 +0.8% $174 / Sq Ft
07/11/2019 07/11/19 Pending -- -- --
06/20/2019 06/20/19 For Sale $644,900 +329.9% $172 / Sq Ft
01/30/2012 01/30/12 Sold $150,000 -4.6% $40 / Sq Ft
11/22/2011 11/22/11 Pending -- -- --
08/23/2011 08/23/11 For Sale $157,300 -- $42 / 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 $8,911 $788,008 $205,661 $582,347
2024 $8,911 $772,558 $201,629 $570,929
2023 $8,974 $757,411 $197,676 $559,735
2022 $8,446 $742,560 $193,800 $548,760
2021 $7,607 $656,734 $151,554 $505,180
2020 $7,539 $650,000 $150,000 $500,000
2019 $2,027 $168,892 $33,777 $135,115
2018 $1,929 $165,581 $33,115 $132,466
2017 $1,977 $162,335 $32,466 $129,869
2016 $1,978 $159,153 $31,830 $127,323
2015 $1,862 $156,763 $31,352 $125,411
2014 $1,898 $153,693 $30,738 $122,955
Source: Public Records

Agents Affiliated with this Home

  • Vlad Okel

    Seller's Agent in 2021

    Vlad Okel

    Capital Group Realty, Inc.

    (916) 715-2089

    62 Total Sales

    Vlad Okel
    Section Image
  • Ellen Herrle

    Buyer's Agent in 2021

    Ellen Herrle

    The Real Estate Insider Group

    (916) 761-2108

    23 Total Sales

    Ellen Herrle
    Section Image

  • M

    Buyer's Agent in 2019

    Mike Rowland

    Windermere Rowland Realty

  • Michael Rowland

    Buyer's Agent in 2019

    Michael Rowland

    Windermere Diablo Realty

    (925) 933-9300

    33 Total Sales

    Michael Rowland
    Section Image

  • H

    Seller's Agent in 2012

    Henry Currie

    Mistro Realty & Associates

  • A

    Seller Co-Listing Agent in 2012

    Arcy Currie

    Keller Williams Realty

See All Agents

Map

Source: MetroList

MLS Number: 221021863

MetroList

APN: 220-0312-005

California Sacramento County Sacramento 95841

5756 Garfield Ave, Sacramento, CA

This home is located at 5756 Garfield Ave, Sacramento, CA 95841 since 18 March 2021 and is currently estimated at $833,682, approximately $222 per square foot. This property was built in 1961. 5756 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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