$250,000
SOLD OCT 3, 2016
4 Beds
2 Baths
1,764 Sq Ft
6,447 Sq Ft Lot

Recently Sold

$142 Per Sq Ft

10% Below List Price

54 Days on Market

Highlights

  • Water Views
  • Forced Air Heating and Cooling System
  • 1-Story Property
  • Contemporary Architecture

About This Home

As of October 2016

Best looking Duplex in the area. Great tenants occupying the units. Excellent investment property with great cash flow. Many recent upgrades throughout with granite counters in kitchen and bathrooms. Freshen exterior paint with dual-pane windows throughout. Roof in great condition.

Last Agent to Sell the Property

Angelina Doan

Akimax Lending License #01700793 Listed on: 07/06/2016

Co-Listed By

Patrick Doan

Akimax Lending License #01881244

Last Buyer's Agent

Patrick Doan

Akimax Lending License #01881244

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,073

Year Built

  • 1965

Parking

  • 1 Car Garage
  • Off-Site Parking

Home Design

  • Duplex
  • Contemporary Architecture
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,764 Sq Ft Home
  • 1-Story Property
  • Water Views
  • Washer and Dryer Hookup

Kitchen

  • Oven or Range
  • Disposal

Additional Features

  • 6,447 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $24,000

Community Details

Overview

Building Details

  • 2 Leased Units
  • Insurance Expense $650
  • Other Expense $1,000
  • Utility Expense $3,600
  • Operating Expense $7,124
  • Gross Income $24,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,073

Year Built

1965

Lot Details

0

Parking

1

Listing Details

  • Zoning: RD10
  • Subclass: Duplex
  • Style: Contemporary
  • Age: 51
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1764
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1965

Interior Features

  • Kitchen: Garbage Disposal, Oven Range, Refrigerator
  • Living Sq Ft: 1764
  • Stories: 1
  • Laundry: Hookups Only

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition
  • View: Water

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 1
  • Garage Parking Features: Attached Garage, Off-Site Parking

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Sacramento City Unified

Lot Info

  • Lot Acres: 0.1480
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6432.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6432.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease
  • Gross Rent Multiplier: 11.21
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 650
  • Expenses Other: 1000
  • Expenses Total: 7124
  • Expenses Utility: 3600
  • Income Annual Gross: 24000.00
  • Income Annual Rental: 24000
  • Income Gross Scheduled: 24000
  • Income Includes: Lease
  • Meters: Separate Other
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Sewer, Services - Trash Removal, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 2, 2021
Sold by
Lee Eugene and Lee Welda
Bought by
Ding Robert and Ding Heather Elise
Current Estimated Value
$496,301

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,000
Outstanding Balance
$241,354
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$260,063

Purchase Details

Listed on
Jul 6, 2016
Closed on
Sep 28, 2016
Sold by
Doan Patrick and Doan Angelina
Bought by
Lee Eugene and Lee Welda
Seller's Agent
Angelina Doan
Akimax Lending
Buyer's Agent
Patrick Doan
Akimax Lending
List Price
$279,000
Sold Price
$250,000
Premium/Discount to List
-$29,000
-10.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.13%
Original Mortgage
$187,500
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 29, 2014
Closed on
Jun 2, 2014
Sold by
Perez Mario
Bought by
Doan Patrick and Doan Angelina
Seller's Agent
Edgar Sanchez
RE/MAX Gold Elk Grove
Buyer's Agent
Patrick Doan
Akimax Realty
List Price
$199,000
Sold Price
$196,000
Premium/Discount to List
-$3,000
-1.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.96%
Original Mortgage
$156,800
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 2013
Sold by
Sierra Duplexes Llc
Bought by
Perez Mario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,250
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 3, 2010
Sold by
Schulman Mark B and Schulman Mark
Bought by
Sierra Duplexes Llc

Purchase Details

Closed on
Dec 9, 2009
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Schulman Mark

Purchase Details

Closed on
Oct 22, 2009
Sold by
Brooks Kimberly Ann and Brooks Richard Elbert
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Sep 9, 2004
Sold by
Yancey Michael
Bought by
Brooks Richard Elbert and Brooks Kimberly Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,600
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 24, 2000
Sold by
Irvin West
Bought by
Yancey Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,750
Interest Rate
8.23%

Purchase Details

Closed on
Mar 9, 1994
Sold by
Irvin West and Irvin Marta
Bought by
Irvin West

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,200
Interest Rate
7%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Pacific Coast Title Company
Grant Deed $250,000 Chicago Title Company
Grant Deed $196,000 First American Title Company
Grant Deed $156,500 Stewart Title Of Sacramento
Grant Deed -- First American Title Company
Grant Deed $68,000 Security Union Title Ins Co
Trustee Deed $86,000 Security Union Title Ins Co
Grant Deed $290,000 Stewart Title Of Sacramento
Grant Deed $73,000 Alliance Title Company
Individual Deed -- Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $266,000 New Conventional
Closed $187,500 New Conventional
Previous Owner $156,800 New Conventional
Previous Owner $116,250 New Conventional
Previous Owner $68,600 Unknown
Previous Owner $277,500 Unknown
Previous Owner $225,600 Purchase Money Mortgage
Previous Owner $170,000 Unknown
Previous Owner $54,750 No Value Available
Previous Owner $67,200 No Value Available
Closed $3,650 No Value Available
Closed $28,200 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2016 10/03/16 Sold $250,000 -7.1% $142 / Sq Ft
08/30/2016 08/30/16 Pending -- -- --
08/02/2016 08/02/16 Price Changed $269,000 -3.6% $152 / Sq Ft
07/20/2016 07/20/16 For Sale $279,000 0.0% $158 / Sq Ft
07/11/2016 07/11/16 Pending -- -- --
07/06/2016 07/06/16 For Sale $279,000 +42.3% $158 / Sq Ft
06/03/2014 06/03/14 Sold $196,000 -1.5% $111 / Sq Ft
04/11/2014 04/11/14 Pending -- -- --
03/29/2014 03/29/14 For Sale $199,000 -- $113 / Sq Ft
Source: MLSListings

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 $4,073 $350,728 $71,918 $278,810
2024 $4,073 $343,852 $70,508 $273,344
2023 $3,979 $337,111 $69,126 $267,985
2022 $3,914 $330,502 $67,771 $262,731
2021 $3,104 $268,048 $42,887 $225,161
2020 $3,133 $265,301 $42,448 $222,853
2019 $3,067 $260,100 $41,616 $218,484
2018 $2,989 $255,000 $40,800 $214,200
2017 $2,950 $250,000 $40,000 $210,000
2016 $2,411 $202,963 $31,065 $171,898
2015 $2,298 $199,915 $30,599 $169,316
2014 $1,874 $157,210 $25,113 $132,097
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81593752

MLSListings

APN: 026-0226-021