NOT LISTED FOR SALE

5923 Rye Way Carmichael, CA 95608

Estimated Value: $605,000 - $666,501

5 Beds
4 Baths
2,433 Sq Ft
$260/Sq Ft Est. Value

Last Sold November 14, 2019

Last sale price $424,000 $174 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $3,802/month

10 Days on Market

Highlights

  • Contemporary Architecture
  • Central Heating
  • 1-Story Property
  • No HOA

About This Home

As of November 2019

Large 2433 SF 3/2 & 2/2 duplex. Low rents on 5923 Rye w/long term tenant. 5925 Rye rents are estimated by seller. right side is vacant & some minor repairs are still underway. New paint & flooring. Great Carmichael location, 2 fireplaces, 2 car & 1 car garages.

Last Agent to Sell the Property

Brian Walike

Better Homes Realty License #00709328 Listed on: 09/16/2019

Better Homes Realty

Last Buyer's Agent

Keith Kanady

Compass License #00953975

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,145

Year Built

  • Built in 1977

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions: 701007011

Parking

  • 1 Car Garage
  • 1 Parking Space Included

Home Design

  • Duplex
  • Contemporary Architecture
  • Composition Roof

Interior Spaces

  • 1-Story Property

Utilities

  • Central Heating
  • 220 Volts
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $1,000
  • Tenant pays for electricity gas
  • Assessor Parcel Number 236-0251-029-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Leased Unit
  • 1 Vacant Unit
  • Insurance Expense $1,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,145

Year Built

Built in 1977

Lot Details

0

Parking

1

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1977
  • Architectural Style: Contemporary
  • Levels: 0
  • Stories: 1
  • Number of Two Bedroom Units: 1
  • Number of Three Bedroom Units: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher,Disposal,Free Standing Electric Oven,Free Standing Electric Range
  • Flooring: Carpet,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Frame,Wood
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,Seller Property Questionnaire,Transfer Disclosure Statement
  • Listing Price: 444000.00
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 3
  • Covered Parking Spaces: 3
  • Garage Spaces: 1
  • Parking Features: Garage,Street,1+ Space Per Unit
  • Total Parking Spaces: 6

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Cooling: Ceiling Fan(s),Central
  • Electric: 220 Volts
  • Heating: Central
  • Water Source: Public

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: San Juan Unified

Lot Info

  • Zoning Description: RD-10
  • Lot Size Acres: 0.1800
  • Lot Dimensions: 701007011
  • Lot Size Sq Ft: 7841

Rental Info

  • Tenant Pays: Electricity,Gas
  • Total Deposit: 1000
  • Total # Leasable: 2

Multi Family

  • Gross Income: 30900
  • Income Includes: Rent Only
  • Insurance Expense: 1000
  • Number of Leased Units: 1
  • Number of Units: 2
  • Number of Vacant Units: 1
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 236-0251-029-0000
  • Current RE Taxes: 3145
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2019
Closed on
Nov 5, 2019
Sold by
Berry Kenneth W and Berry Sandra J
Bought by
Thornton Andrew and Simone Leslie Ann
Seller's Agent
Brian Walike
Better Homes Realty
Buyer's Agent
Keith Kanady
Compass
List Price
$444,000
Sold Price
$424,000
Premium/Discount to List
-$20,000
-4.5%
Current Estimated Value
$631,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,875
Avg. Annual Appreciation
6.94%
Original Mortgage
$318,000
Outstanding Balance
$280,036
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$351,839

Purchase Details

Closed on
Apr 10, 2003
Sold by
Berry Kenneth W and Berry Sandra J
Bought by
Berry Kenneth W and Berry Sandra J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,500
Interest Rate
5.6%

Purchase Details

Closed on
Jan 25, 1999
Sold by
Berry Kenneth W and Berry Sandra J
Bought by
Berry Kenneth W and Berry Sandra J
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
Thornton Andrew $424,000 Placer Title Company
Berry Kenneth W -- Financial Title Company
Berry Kenneth W -- Financial Title Company
Berry Kenneth W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thornton Andrew $318,000
Previous Owner Berry Kenneth W $91,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2019 11/14/19 Sold $424,000 -4.5% $174 / Sq Ft
09/26/2019 09/26/19 Pending -- -- --
09/16/2019 09/16/19 For Sale $444,000 -- $182 / 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 $5,546 $463,700 $136,703 $326,997
2024 $5,546 $454,609 $134,023 $320,586
2023 $5,459 $445,696 $131,396 $314,300
2022 $5,351 $436,958 $128,820 $308,138
2021 $5,263 $428,392 $126,295 $302,097
2020 $5,166 $424,000 $125,000 $299,000
2019 $2,685 $217,888 $77,200 $140,688
2018 $2,654 $213,617 $75,687 $137,930
2017 $2,629 $209,429 $74,203 $135,226
2016 $2,459 $205,324 $72,749 $132,575
2015 $2,461 $202,241 $71,657 $130,584
2014 $2,412 $198,281 $70,254 $128,027
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 19065538

MetroList

APN: 236-0251-029