NOT LISTED FOR SALE
7 Beds
4 Baths
3,005 Sq Ft
0.53 Acre Lot

Sale Details

Date Sold: December 6, 2016

Last sale price $600,000 $200 Per Sq Ft

60 Days on Market

Highlights

  • 0.53 Acre Lot
  • Cottage
  • 1-Story Property
  • No HOA
  • Central Heating and Cooling System

About This Home

As of December 2016

Great opportunity to own cottage style apartments in Carmichael

Last Agent to Sell the Property

James Quessenberry

Northwind Commercial Inc License #01264498 Listed on: 08/15/2016

Last Buyer's Agent

James Quessenberry

Northwind Commercial Inc License #01264498 Listed on: 08/15/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,856

Year Built

  • Built in 1947

Lot Details

  • 0.53

Parking

  • 6 Open Parking Spaces
  • 1 Car Garage

Home Design

  • Cottage
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Window Treatments

Additional Features

  • 23,087 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable tv electricity rent only
  • Assessor Parcel Number 229-0304-012

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 5 Units

Building Details

  • 5 Leased Units
  • 5 Units Leased Month-To-Month
  • Insurance Expense $1,250
  • Operating Expense $22,080

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,856

Year Built

Built in 1947

Lot Details

0.53 Acres

Parking

1

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: 5 or More Units
  • Year Built: 1947
  • Accessibility Features: 0
  • Architectural Style: Cottage/Bungalow
  • Stories: 1
  • Number of Three Bedroom Units: 1
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2015

Interior Features

  • Appliances: Dishwasher,Free Standing Electric Range,Free Standing Refrigerator
  • Flooring: Carpet,Tile,Wood,Varies by Unit
  • Window Features: Window Coverings

Exterior Features

  • Construction Materials: Block,Stucco
  • Disclosures/Documents: See Remarks
  • Listing Price: 650000.00
  • Patio And Porch Features: See Remarks
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 6
  • Garage Spaces: 1
  • Parking Features: Garage,Open,Varies by Unit

Utilities

  • Security: Carbon Mon Detector,Secured Access
  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: See Remarks
  • Association: No

Schools

  • Senior High School District: San Juan Unified

Lot Info

  • Zoning Description: RD20
  • Lot Size Acres: 0.5300
  • Lot Size Sq Ft: 23087

Rental Info

  • Tenant Pays: Cable TV,Electricity,Rent Only
  • Total # Leasable: 5

Multi Family

  • Operating Expense: 22080
  • Income Includes: Rent Only
  • Existing Lease Type: See Remarks
  • Insurance Expense: 1250
  • Number of Leased Units: 5
  • Number of Month to Month Units: 5
  • Number of Units: 5
  • Units Furnished: None
  • Gross Income Multiplier: 10.000

Tax Info

  • Assessor Parcel Number: 229-0304-012
  • Current RE Taxes: 7856

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
Aug 15, 2016
Closed on
Dec 2, 2016
Sold by
Bought by
Seller's Agent
James Quessenberry
Northwind Commercial Inc
Buyer's Agent
James Quessenberry
Northwind Commercial Inc
List Price
$675,000
Sold Price
$600,000
Premium/Discount to List
-$75,000
-11.11%

Purchase Details

Listed on
May 19, 2015
Closed on
Jun 3, 2015
Sold by
Bought by
Seller's Agent
Ben Bondaruk
RE/MAX Gold El Dorado Hills
Buyer's Agent
Ben Bondaruk
RE/MAX Gold El Dorado Hills
List Price
$227,000
Sold Price
$230,000
Premium/Discount to List
$3,000
1.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
89.50%

Purchase Details

Listed on
Jan 20, 2015
Closed on
Mar 31, 2015
Sold by
Bought by
Seller's Agent
Stewart Sellers
Windermere Signature Properties Fair Oaks
Buyer's Agent
Ben Bondaruk
RE/MAX Gold El Dorado Hills
List Price
$225,000
Sold Price
$210,000
Premium/Discount to List
-$15,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
65.76%
Original Mortgage
$175,000
Interest Rate
3.71%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 20, 2015
Closed on
Mar 30, 2015
Sold by
Bought by
Seller's Agent
Stewart Sellers
Windermere Signature Properties Fair Oaks
Buyer's Agent
Ben Bondaruk
RE/MAX Gold El Dorado Hills
List Price
$225,000
Sold Price
$210,000
Premium/Discount to List
-$15,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
3.71%
Mortgage Type
Commercial
Source: Public Records
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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
$600,000 Placer Title Company
$230,000 First American Title Company
$210,000 Chicago Title Company
-- Chicago 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
Open $405,000
Previous Owner $175,000
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 Prior Sale
12/06/2016 12/06/16 Sold $600,000 -11.1% $200 / Sq Ft
10/14/2016 10/14/16 Pending -- -- --
08/15/2016 08/15/16 For Sale $675,000 +193.5% $225 / Sq Ft
06/08/2015 06/08/15 Sold $230,000 +1.3% -- View Prior Sale
06/03/2015 06/03/15 Pending -- -- --
05/19/2015 05/19/15 For Sale $227,000 +8.1% --
04/03/2015 04/03/15 Sold $210,000 -6.7% -- View Prior Sale
01/26/2015 01/26/15 Pending -- -- --
01/14/2015 01/14/15 For Sale $225,000 -- --
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
2026 $8,292 $710,271 $136,133 $574,138
2025 $8,292 $696,345 $133,464 $562,881
2024 $8,214 $682,693 $130,848 $551,845
2023 $8,005 $669,308 $128,283 $541,025
2022 $7,963 $656,185 $125,768 $530,417
2021 $7,832 $643,319 $123,302 $520,017
2020 $7,685 $636,723 $122,038 $514,685
2019 $7,531 $624,240 $119,646 $504,594
2018 $7,444 $612,000 $117,300 $494,700
2017 $7,371 $600,000 $115,000 $485,000
2016 $2,748 $233,507 $162,440 $71,067
2015 $1,051 $88,189 $16,647 $71,542
2014 $1,029 $86,462 $16,321 $70,141
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 16053563

MetroList
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