NOT LISTED FOR SALE

5809 Marconi Ave Carmichael, CA 95608

Carmichael Town Center Neighborhood

Estimated Value: $1,070,896

8 Beds
4 Baths
3,038 Sq Ft
$353/Sq Ft Est. Value

Sale Details

Date Sold: January 6, 2014

Last sale price $525,000 $173 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $6,447 / mo

227 Days on Market

About This Home

As of January 2014

Great location near corner of Marconi and Fair Oaks bl. Lots of recent beautification and street upgrades. Six units, fully occupied. Three on lease, ranging from 1-5 years, and three month to month. Some long term, established tenants. Four businesses on ground floor (barber shop, beauty salon, body piercing, and computer store)and two apartments on second floor, both 2/1, residential sq ft 1768 per assessor. Recent parking lot pavement and new sidewalks out front. Expenses are low.

Last Agent to Sell the Property

Lisa Bewley

Elk Grove R E & Development Co License #00854331 Listed on: 04/08/2013

Last Buyer's Agent

Naim Joseph Frangieh

Access Realty License #00577450

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,300

Year Built

  • Built in 1945

Lot Details

  • 7,841

Parking

  • Open Parking

Home Design

  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Fire and Smoke Detector

Additional Features

  • 7,841 Sq Ft Lot
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable tv electricity
  • Assessor Parcel Number 272-0160-024-0000

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Building Details

  • 6 Leased Units
  • 3 Units Leased Month-To-Month
  • Insurance Expense $1,680
  • Operating Expense $5,280

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,300

Year Built

Built in 1945

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: 5 or More Units
  • Year Built: 1945
  • Architectural Style: Ranch
  • Stories: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Electric Range,Free Standing Refrigerator,Varies By Unit
  • Flooring: Carpet,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Brick,Frame,Wood
  • Disclosures/Documents: Rental/Lease Agmts
  • Listing Price: 548000.00
  • Roof: Composition

Garage/Parking

  • Parking Features: Open

Utilities

  • Security: Smoke Detector
  • Utilities: Cable Available
  • Cooling: Window Unit(s),Varies by Unit
  • Heating: Wall Furnace,Varies by Unit

Condo/Co-op/Association

  • Association Features: Patios/Balcony,Public Trans Nearby
  • Association: No

Schools

  • Senior High School District: San Juan Unified

Lot Info

  • Zoning Description: SC-shopping center
  • Lot Size Acres: 0.1800
  • Lot Size Sq Ft: 7841

Rental Info

  • Tenant Pays: Cable TV,Electricity
  • Total # Leasable: 6

Multi Family

  • Operating Expense: 5280
  • Income Includes: Rent Only
  • Insurance Expense: 1680
  • Number of Leased Units: 6
  • Number of Month to Month Units: 3
  • Number of Units: 6
  • Units Furnished: None
  • Gross Income Multiplier: 10.500

Tax Info

  • Assessor Parcel Number: 272-0160-024-0000
  • Current RE Taxes: 6300

MLS Schools

  • School District (County): Sacramento

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2013
Closed on
Dec 31, 2013
Sold by
Bought by
Seller's Agent
Lisa Bewley
Elk Grove R E & Development Co
Buyer's Agent
Naim Joseph Frangieh
Access Realty
List Price
$548,000
Sold Price
$525,000
Premium/Discount to List
-$23,000
-4.2%
Current Estimated Value
$1,070,896

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$545,896
Avg. Annual Appreciation
5.91%

Purchase Details

Closed on
Jan 23, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$349,000
Interest Rate
6.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 28, 2005
Sold by
Bought by

Purchase Details

Closed on
Dec 26, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.85%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$525,000 Chicago Title Company
-- Accommodation
-- Stewart Title Of Sacramento
$792,000 North American Title Co
$500,000 Placer Title Company
-- Placer Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $349,000
Previous Owner $320,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/06/2014 01/06/14 Sold $525,000 -4.2% $173 / Sq Ft
11/21/2013 11/21/13 Pending -- -- --
04/08/2013 04/08/13 For Sale $548,000 -- $180 / Sq Ft
Source: MetroList

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,016 $643,568 $104,194 $539,374
2024 $8,016 $630,950 $102,151 $528,799
2023 $7,884 $618,580 $100,149 $518,431
2022 $7,723 $606,452 $98,186 $508,266
2021 $7,591 $594,561 $96,261 $498,300
2020 $7,287 $588,465 $95,274 $493,191
2019 $7,139 $576,927 $93,406 $483,521
2018 $7,043 $565,616 $91,575 $474,041
2017 $6,982 $554,527 $89,780 $464,747
2016 $6,368 $543,655 $88,020 $455,635
2015 $6,281 $535,489 $86,698 $448,791
2014 $6,616 $565,000 $165,000 $400,000
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2014

    Lisa Bewley

    Elk Grove R E & Development Co

    (916) 712-6363

    9 Total Sales

    Lisa Bewley
    Section Image

  • N

    Buyer's Agent in 2014

    Naim Joseph Frangieh

    Access Realty

See All Agents

Map

Source: MetroList

MLS Number: 13027017

MetroList

APN: 272-0160-024

California Sacramento County Carmichael 95608 Carmichael Town Center

5809 Marconi Ave, Carmichael, CA

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