NOT LISTED FOR SALE

5800 48th Ave Sacramento, CA 95823

Estimated Value: $422,000 - $503,009

4 Beds
2 Baths
1,620 Sq Ft
$288/Sq Ft Est. Value

Last Sold October 23, 2023

Last sale price $550,000 $340 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $2,962/month

12 Days on Market

Highlights

  • 0.34 Acre Lot
  • Corner Lot
  • Security Gate
  • Traditional Architecture
  • No HOA
  • Tile Flooring

About This Home

As of October 2023

Well maintained duplex with one unit vacant on a corner lot! Each unit offers 2 bedrooms, 1 bathroom, and offers approximately 800 sqft +/- of living space. One unit is vacant, which could provide immediate occupancy or rental income. Features include modern upgrades, private outdoor areas, and a convenient location near amenities and transportation.

Last Agent to Sell the Property

Austin Vaccaro

Austin Vaccaro License #02011801 Listed on: 09/21/2023

Co-Listed By

Kevin Clark

Compass License #02169368

Last Buyer's Agent

Major Gill

Realty One Group AMR License #01506201

Realty One Group AMR

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 0.34 Acre Lot
  • Corner Lot

Parking

  • 6 Car Garage

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Raised Foundation
  • Stucco

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Security Gate
  • Washer and Dryer Hookup

Flooring

  • Laminate
  • Tile
  • Vinyl

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Natural Gas Connected
  • Property is located within a water district

Listing and Financial Details

  • Assessor Parcel Number 039-0242-008-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Leased Unit
  • 1 Vacant Unit
  • 1 Unit Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Apartments
  • Property Subtype 1: Duplex
  • Stories: 1
  • Year Built: 1960
  • Architectural Style: Traditional
  • Stories: 1
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Tile, Laminate, Vinyl
  • Price Per Square Foot: 341.61

Exterior Features

  • Construction Materials: Brick, Stucco
  • Foundation: Raised
  • Listing Price: 549000.00
  • Lot Features: Corner

Garage/Parking

  • Parking Features: Garage
  • Total Parking Spaces: 6.00

Utilities

  • Security: Security Gate
  • Sewer: Sewer Connected, Public Sewer
  • Utilities: Natural Gas Connected, Electric
  • Cooling: Ceiling Fan(s), Wall Unit(s)
  • Heating: Wall Furnace
  • Laundry Features: Washer/Dryer Hookups
  • Water Source: Water District

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: RD-5 - RESIDENTIAL
  • Irrigation: None
  • Lot Size Acres: 0.3400
  • Lot Size Sq Ft: 14810.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Total # Leasable: 2

Multi Family

  • Income Includes: Rent Only
  • Number of Leased Units: 1
  • Number of Month to Month Units: 1
  • Number of Units: 2
  • Number of Vacant Units: 1

Tax Info

  • Assessor Parcel Number: 039-0242-008-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2023
Closed on
Oct 18, 2023
Sold by
Gill Harkiran
Bought by
Gill Gursewak
Seller's Agent
Austin Vaccaro
Austin Vaccaro
Buyer's Agent
Major Gill
Realty One Group AMR
List Price
$549,000
Sold Price
$550,000
Premium/Discount to List
$1,000
0.18%
Views
10
Current Estimated Value
$467,252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$82,748
Avg. Annual Appreciation
-7.14%
Original Mortgage
$357,500
Outstanding Balance
$349,481
Interest Rate
7.12%
Mortgage Type
New Conventional
Estimated Equity
$117,771

Purchase Details

Listed on
Sep 21, 2023
Closed on
Oct 13, 2023
Sold by
Enriquez Samuel
Bought by
Gill Gurmail and Gill Gursewak
Seller's Agent
Austin Vaccaro
Austin Vaccaro
Buyer's Agent
Major Gill
Realty One Group AMR
List Price
$549,000
Sold Price
$550,000
Premium/Discount to List
$1,000
0.18%
Views
10

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,500
Outstanding Balance
$349,481
Interest Rate
7.12%
Mortgage Type
New Conventional
Estimated Equity
$117,771

Purchase Details

Listed on
Aug 5, 2021
Closed on
Oct 4, 2021
Sold by
Braceros Maximino O and Braceros Flora C
Bought by
Enriquez Samuel
Seller's Agent
Orlando Dalisay
Keller Williams Realty
Buyer's Agent
Orlando Dalisay
Keller Williams Realty
List Price
$430,000
Sold Price
$400,000
Premium/Discount to List
-$30,000
-6.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.89%
Original Mortgage
$340,000
Interest Rate
2.8%
Mortgage Type
New Conventional
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
Gill Gursewak -- Endpoint Title Inc
Gill Gurmail S -- Endpoint Title Inc
Gill Gurmail $550,000 Endpoint Title Inc
Enriquez Samuel $400,000 Orange Coast Title
Enriquez Samuel $400,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gill Gurmail S $357,500
Closed Gill Gurmail $357,500
Previous Owner Enriquez Samuel $340,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/23/2023 10/23/23 Sold $550,000 +0.2% $340 / Sq Ft
10/03/2023 10/03/23 Pending -- -- --
09/21/2023 09/21/23 For Sale $549,000 +37.3% $339 / Sq Ft
10/08/2021 10/08/21 Sold $400,000 -7.0% $247 / Sq Ft View Prior Sale
09/02/2021 09/02/21 Pending -- -- --
08/05/2021 08/05/21 For Sale $430,000 -- $265 / 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 $6,214 $540,600 $153,000 $387,600
2024 $6,214 $530,000 $150,000 $380,000
2023 $4,731 $402,900 $102,000 $300,900
2022 $4,653 $395,000 $100,000 $295,000
2021 $1,470 $121,980 $28,275 $93,705
2020 $1,482 $120,731 $27,986 $92,745
2019 $1,452 $118,365 $27,438 $90,927
2018 $1,416 $116,045 $26,900 $89,145
2017 $1,398 $113,771 $26,373 $87,398
2016 $1,367 $111,541 $25,856 $85,685
2015 $1,349 $109,866 $25,468 $84,398
2014 $1,313 $107,715 $24,970 $82,745
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 223092645

MetroList

APN: 039-0242-008