NOT LISTED FOR SALE

5900 Rye Way Carmichael, CA 95608

Estimated Value: $618,000 - $720,000

5 Beds
4 Baths
2,452 Sq Ft
$267/Sq Ft Est. Value

Last Sold May 17, 2016

Last sale price $353,000 $144 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $3,875/month

7 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • Double Pane Windows
  • 3 Car Garage

About This Home

As of May 2016

Great opportunity on this large duplex in Carmichael with one side being a 3/2 and the other a 2/2. Over 2,400 square feet of living space in total. Each unit has a large living room with fireplace, dining area that opens through a slide to a side patio. Open kitchens with eat-at counters. Inside laundry and large garages. Owner is selling with a 2 year roof certification. 2/2 unit is freshly painted with new carpet and ready to go with a new tenant or owner occupant.

Last Agent to Sell the Property

Rich Wilks

Better Homes and Gardens RE License #01257104 Listed on: 04/08/2016

Better Homes and Gardens RE

Co-Listed By

Nicole Pate

House Real Estate License #01710266

Last Buyer's Agent

Donna Shocknesse

Valley's Best Realty License #01146872

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,003

Year Built

  • Built in 1976

Lot Details

  • 7,902

Parking

  • 3 Car Garage

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Double Pane Windows

Additional Features

  • 7,902 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 236-0252-023-0000

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

Est. Annual Taxes

$5,003

Year Built

Built in 1976

Lot Details

0

Parking

3

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1976
  • Architectural Style: Ranch
  • Stories: 1
  • Number of Two Bedroom Units: 1
  • Number of Three Bedroom Units: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Electric Range,Dishwasher,Free Standing Electric Oven
  • Other Equipment: Varies by Unit
  • Flooring: Carpet,Laminate
  • Window Features: Dual Pane Partial

Exterior Features

  • Construction Materials: Frame,Stucco
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,None
  • Listing Price: 375000.00
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 3
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Parking Features: Garage

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: Varies By Unit
  • Association: No

Schools

  • Senior High School District: San Juan Unified

Lot Info

  • Zoning Description: RD10
  • Lot Size Acres: 0.1814
  • Lot Size Sq Ft: 7902

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas
  • Total # Leasable: 2

Multi Family

  • Gross Income: 27600
  • 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
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 236-0252-023-0000

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2016
Closed on
May 9, 2016
Sold by
Fowler Billy W and Fowler Sandra Q
Bought by
Shocknesse William
Seller's Agent
Rich Wilks
Better Homes and Gardens RE
Buyer's Agent
Donna Shocknesse
Valley's Best Realty
List Price
$375,000
Sold Price
$353,000
Premium/Discount to List
-$22,000
-5.87%
Current Estimated Value
$654,156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$301,156
Avg. Annual Appreciation
6.75%
Original Mortgage
$343,660
Outstanding Balance
$269,865
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$384,291

Purchase Details

Closed on
Apr 10, 2006
Sold by
Fowler Bill and Fowler Sandra
Bought by
Fowler Billy W and Fowler Sandra Q

Purchase Details

Closed on
Jan 21, 2004
Sold by
Gorlick Bruce D and Gorlick Cynthia
Bought by
Fowler Bill and Fowler Sandra

Purchase Details

Closed on
Oct 18, 2002
Sold by
Cantwell Gary D and Cantwell Edith C
Bought by
Gorlick Bruce D and Gorlick Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
5.5%
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
Shocknesse William $353,000 Fidelity National Title Co
Fowler Billy W -- None Available
Fowler Bill $345,000 Chicago Title Co
Gorlick Bruce D $295,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shocknesse William $343,660
Previous Owner Gorlick Bruce D $236,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2016 05/17/16 Sold $353,000 -5.9% $144 / Sq Ft
04/14/2016 04/14/16 Pending -- -- --
04/07/2016 04/07/16 For Sale $375,000 -- $153 / 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 $5,003 $417,874 $100,620 $317,254
2024 $5,003 $409,682 $98,648 $311,034
2023 $4,925 $401,650 $96,714 $304,936
2022 $4,743 $393,775 $94,818 $298,957
2021 $4,664 $386,055 $92,959 $293,096
2020 $4,577 $382,097 $92,006 $290,091
2019 $4,484 $374,605 $90,202 $284,403
2018 $4,431 $367,261 $88,434 $278,827
2017 $4,387 $360,060 $86,700 $273,360
2016 $4,707 $398,182 $132,724 $265,458
2015 $4,397 $368,688 $122,893 $245,795
2014 $4,111 $344,568 $114,853 $229,715
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2016

    Rich Wilks

    Better Homes and Gardens Real Estate Reliance Partners

    Section Image
  • Nicole Pate

    Seller Co-Listing Agent in 2016

    Nicole Pate

    House Real Estate

    (916) 802-4697

    34 Total Sales

    Nicole Pate
    Section Image

  • D

    Buyer's Agent in 2016

    Donna Shocknesse

    Valley's Best Realty

    (209) 518-7000

    4 Total Sales

    Donna Shocknesse
    Section Image
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Map

Source: MetroList

MLS Number: 16020769

MetroList

APN: 236-0252-023

California Sacramento County Carmichael 95608

5900 Rye Way, Carmichael, CA

This home is located at 5900 Rye Way, Carmichael, CA 95608 since 08 April 2016 and is currently estimated at $654,156, approximately $266 per square foot. This property was built in 1976. 5900 Rye Way is a home located in Sacramento County with nearby schools including Thomas Kelly Elementary School, John Barrett Middle School, and Del Campo High 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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