NOT LISTED FOR SALE

Estimated Value: $425,511 - $622,000

4 Beds
2 Baths
1,664 Sq Ft
$311/Sq Ft Est. Value

Last Sold October 28, 2016

Last sale price $259,000 $156 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $3,043/month

9 Days on Market

Highlights

  • No HOA
  • Patio
  • 1-Story Property

About This Home

As of October 2016

Turn-Key Ready to Occupy Duplex in Carmichael. Seller has Remodeled both units with New Exterior and Interior Paint, New Carpet, Remodeled baths, Window Blinds, New Roof Vents & Gutters, Central HVAC, Laminate Floors, New Garage Doors, Partial Dual Pane Windows and Spacious Back Yards. Solid Investment Property. Median Rent in this area for a 2 BdRm unit is $895/month. Cash Flow after taxes = $3,936/Yr with a 25% down and $900/unit/mo rent.

Last Agent to Sell the Property

Pete Vasquez

REMAX Dream Homes License #01018760 Listed on: 09/27/2016

REMAX Dream Homes

Co-Listed By

Sheree Boyse

Century 21 MM License #01104462

Last Buyer's Agent

Michael Kerian

Coldwell Banker Award Realtors License #01986729

Coldwell Banker Award Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,554

Year Renovated

  • 2016

Lot Details

  • 6,273

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Composition Roof

Additional Features

  • 1-Story Property
  • Patio

Listing and Financial Details

  • Assessor Parcel Number 229-0301-004-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Western Hills Subdivision

Building Details

  • 2 Vacant Units
  • Insurance Expense $700
  • Operating Expense $5,657

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,554

Year Renovated

2016

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Architectural Style: Ranch
  • Stories: 1
  • Subdivision: Western Hills
  • Year Built Details: Unknown
  • Number of Two Bedroom Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2016

Interior Features

  • Appliances: Compactor,Disposal,Free Standing Gas Oven,Free Standing Gas Range
  • Flooring: Carpet,Laminate,Linoleum/Vinyl
  • Window Features: Dual Pane Partial,Window Coverings

Exterior Features

  • Construction Materials: Brick,Frame,Lap Siding,Stucco
  • Disclosures/Documents: CC&Rs,Natural Hazard Disclosure Available,Structural Pest Control Report,Transfer Disclosure Statement
  • Listing Price: 249000.00
  • Patio And Porch Features: Uncovered Patio
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage,1 Space Per Unit

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Cooling: Ceiling Fan(s),Central
  • Heating: Central,Natural Gas
  • Utilities Expenses: 2280

Condo/Co-op/Association

  • Association Features: Laundry Hook-Up in Units,Yard Space
  • Association: No

Schools

  • Senior High School District: San Juan Unified

Lot Info

  • Zoning Description: RD10

Rental Info

  • Tenant Pays: See Remarks
  • Total # Leasable: 2

Multi Family

  • Gross Income: 21600
  • Operating Expense: 5657
  • Income Includes: Rent Only
  • Existing Lease Type: See Remarks
  • Insurance Expense: 700
  • Number of Units: 2
  • Number of Vacant Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 229-0301-004-0000

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2016
Closed on
Oct 26, 2016
Sold by
Crook Larry D
Bought by
Vaghefi Azar
Seller's Agent
Pete Vasquez
REMAX Dream Homes
Buyer's Agent
Michael Kerian
Coldwell Banker Award Realtors
List Price
$249,000
Sold Price
$259,000
Premium/Discount to List
$10,000
4.02%
Current Estimated Value
$517,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$258,628
Avg. Annual Appreciation
8.15%

Purchase Details

Closed on
Feb 24, 2000
Sold by
Living Trust Dorothy Diana Hunter Bowington R and Bowington Dorothy Diana Hunter
Bought by
Crook Larry D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
8.16%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 12, 1995
Sold by
Gingrich Dorothy Diana
Bought by
Bowington Bowington Dorothy Diana Hunter Dorothy Diana Hunte and Bowington Dorothy Diana Hunter
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Vaghefi Azar $259,000 First American Title Company
Crook Larry D $100,000 Placer Title Company
Bowington Bowington Dorothy Diana Hunter Dorothy Diana Hunte -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Crook Larry D $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2016 10/28/16 Sold $259,000 +4.0% $156 / Sq Ft
10/05/2016 10/05/16 Pending -- -- --
09/26/2016 09/26/16 For Sale $249,000 -- $150 / 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 $3,554 $300,585 $105,203 $195,382
2024 $3,554 $294,692 $103,141 $191,551
2023 $3,463 $288,915 $101,119 $187,796
2022 $3,446 $283,251 $99,137 $184,114
2021 $3,389 $277,698 $97,194 $180,504
2020 $3,325 $274,852 $96,198 $178,654
2019 $3,259 $269,463 $94,312 $175,151
2018 $3,221 $264,180 $92,463 $171,717
2017 $3,190 $259,000 $90,650 $168,350
2016 $1,533 $129,822 $45,435 $84,387
2015 $1,507 $127,873 $44,753 $83,120
2014 $1,476 $125,369 $43,877 $81,492
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MetroList

MLS Number: 16063307

MetroList

APN: 229-0301-004