NOT LISTED FOR SALE

Estimated Value: $903,000 - $966,000

9 Beds
4 Baths
3,423 Sq Ft
$272/Sq Ft Est. Value

Last Sold July 15, 2024

Last sale price $929,000 $271 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $6,120/month

40 Days on Market

Highlights

  • No HOA
  • Video Cameras
  • Carpet
  • Cul-De-Sac
  • 4 Car Garage

About This Home

As of July 2024

Welcome to 5807 48th Ave, Sacramento, CA - a prime investment opportunity in a vibrant neighborhood. This meticulously maintained 4-plex offers a mix of spacious 2-bedroom units and a 3-bedroom unit, each boasting numerous upgrades and having passed the rigorous Sacramento County Residential Housing Inspection Program. Each unit features its own private garage and in-unit laundry facilities. Modern finishes adorn every space, ensuring both functionality and style. Conveniently located near amenities and transportation, this property ensures comfort and accessibility for residents. With individual garage space and additional parking, it's an ideal investment for rental income or multi-generational living. Don't miss out on this versatile property with endless potential in Sacramento's thriving real estate market. Schedule a viewing today!

Last Agent to Sell the Property

Bobbi Bagley

Coldwell Banker Realty License #01875383 Listed on: 05/04/2024

Coldwell Banker Realty

Last Buyer's Agent

Kurt Parkinson

Coldwell Banker Realty License #01517516

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,883

Year Built

  • Built in 1960

Lot Details

  • 0.29 Acre Lot
  • Cul-De-Sac

Parking

  • 4 Car Garage

Home Design

  • 3,423 Sq Ft Home
  • Quadruplex
  • Slab Foundation
  • Stucco

Flooring

  • Carpet
  • Laminate

Laundry

  • Laundry in unit

Home Security

  • Video Cameras
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Property is located within a water district
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 039-0241-018-0000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 1 Unit Leased Month-To-Month
  • Net Lease

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,883

Year Built

Built in 1960

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Subtype Description: House(s)
  • Property Subtype 1: Quadruplex
  • Year Built: 1960
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Flooring: Carpet, Laminate
  • Price Per Square Foot: 271.40
  • Square Footage: 3423.00

Exterior Features

  • Builder Name: 2
  • Construction Materials: Stucco, Wood
  • Foundation: Slab
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 915000.00
  • Lot Features: Court, Cul-De-Sac
  • New Construction: No
  • Pool: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking Features: Garage
  • Total Parking Spaces: 8.00

Utilities

  • Security: Carbon Mon Detector, Double Strapped Water Heater, Smoke Detector, Video System
  • Sewer: In & Connected
  • Utilities: Cable Available
  • Cooling: Wall Unit(s), Room Air
  • Heating: Gas, Wall Furnace
  • Laundry Features: In Each Unit
  • Water Source: Water District, Meter on Site

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 10
  • Irrigation: Other
  • Lot Size Acres: 0.2874
  • Lot Size Sq Ft: 12519.00
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Income Includes: ["Rent Only"]
  • Total Number Leasable: 4
  • Number of Leased Units: 4
  • Number of Month to Month Units: 1
  • Number of Units: 4

Tax Info

  • Assessor Parcel Number: 039-0241-018-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2024
Closed on
Jul 10, 2024
Sold by
Smith Jonathan C
Bought by
Wootton Hughes Oxana
Seller's Agent
Bobbi Bagley
Coldwell Banker Realty
Buyer's Agent
Kurt Parkinson
Coldwell Banker Realty
List Price
$915,000
Sold Price
$929,000
Premium/Discount to List
$14,000
1.53%
Views
80
Current Estimated Value
$967,189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,189
Avg. Annual Appreciation
0.22%
Original Mortgage
$696,750
Outstanding Balance
$689,713
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$241,522

Purchase Details

Listed on
May 4, 2024
Closed on
Jul 3, 2024
Sold by
Hughes William R
Bought by
Wootton Hughes Oxana
Seller's Agent
Bobbi Bagley
Coldwell Banker Realty
Buyer's Agent
Kurt Parkinson
Coldwell Banker Realty
List Price
$915,000
Sold Price
$929,000
Premium/Discount to List
$14,000
1.53%
Views
80

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$696,750
Outstanding Balance
$689,713
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$241,522

Purchase Details

Listed on
Apr 13, 2023
Closed on
May 11, 2023
Sold by
Laform Ronald W
Bought by
Smith Jonathan C
Seller's Agent
Stephanie Bray
LPT Realty, Inc
Buyer's Agent
Bobbi Bagley
Coldwell Banker Realty
List Price
$775,000
Sold Price
$826,000
Premium/Discount to List
$51,000
6.58%
Views
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
10.57%
Original Mortgage
$853,258
Interest Rate
6.28%
Mortgage Type
VA

Purchase Details

Listed on
Apr 13, 2023
Closed on
Apr 20, 2023
Sold by
Haines Muriel T
Bought by
Haines Brian Kennedy
Seller's Agent
Stephanie Bray
LPT Realty, Inc
Buyer's Agent
Bobbi Bagley
Coldwell Banker Realty
List Price
$775,000
Sold Price
$826,000
Premium/Discount to List
$51,000
6.58%
Views
56

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$853,258
Interest Rate
6.28%
Mortgage Type
VA

Purchase Details

Closed on
Jan 21, 2015
Sold by
Haines Brian Kennedy and Laform Ronald
Bought by
Laform Ronald W and Haines Brian Kennedy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 2014
Sold by
Haines Bret Darren and Haines Bret
Bought by
Laform Ronald

Purchase Details

Closed on
Mar 26, 2014
Sold by
Landini Haines Susan H and The Haines Family Trust
Bought by
Haines Brian Kennedy and Haines Bret Darren

Purchase Details

Closed on
Feb 15, 2014
Sold by
Haines Hugh K and Landini Haines Susan H
Bought by
Haines Hugh K and Landini Haines Susan H
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
Wootton Hughes Oxana $929,000 First American Title
Wootton Hughes Oxana -- First American Title
Smith Jonathan C $826,000 Stewart Title Of California
Haines Brian Kennedy -- Stewart Title Of California
Laform Ronald W -- First American Title
Laform Ronald $30,000 None Available
Haines Brian Kennedy -- None Available
Haines Hugh K -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wootton Hughes Oxana $696,750
Previous Owner Smith Jonathan C $853,258
Previous Owner Laform Ronald W $151,000
Previous Owner Laform Ronald W $140,000
Previous Owner Haines Hugh K $124,000
Previous Owner Haines Hugh K $131,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2024 07/15/24 Sold $929,000 +1.5% $271 / Sq Ft
06/13/2024 06/13/24 Pending -- -- --
05/09/2024 05/09/24 For Sale $915,000 0.0% $267 / Sq Ft
05/08/2024 05/08/24 Pending -- -- --
05/04/2024 05/04/24 For Sale $915,000 +10.8% $267 / Sq Ft
05/16/2023 05/16/23 Sold $826,000 +6.6% --
04/20/2023 04/20/23 Pending -- -- --
04/13/2023 04/13/23 For Sale $775,000 -- --
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 $9,883 $929,000 $200,000 $729,000
2024 $9,883 $842,520 $204,000 $638,520
2023 $2,846 $232,613 $31,267 $201,346
2022 $2,800 $228,053 $30,654 $197,399
2021 $2,671 $223,582 $30,053 $193,529
2020 $2,694 $221,290 $29,745 $191,545
2019 $2,638 $216,952 $29,162 $187,790
2018 $2,572 $212,699 $28,591 $184,108
2017 $2,540 $208,530 $28,031 $180,499
2016 $2,452 $204,442 $27,482 $176,960
2015 $2,418 $201,372 $27,070 $174,302
2014 $1,758 $144,893 $18,100 $126,793
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 224046646

MetroList

APN: 039-0241-018