NOT LISTED FOR SALE

5960 Gilman Way North Highlands, CA 95660

Estimated Value: $471,000 - $508,000

5 Beds
2 Baths
2,000 Sq Ft
$244/Sq Ft Est. Value

Last Sold July 09, 2019

Last sale price $310,000 $155 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $2,924/month

102 Days on Market

Highlights

  • A-Frame Home
  • Central Heating and Cooling System
  • 1-Story Property
  • No HOA

About This Home

As of July 2019

Have you been looking for that great turn key rental income property? Well you found it! Great tenants already in place, newer stucco, over 22k spent on newer HVAC, even a newer roof! This is ready to go! Just sit back and collect rent!

Last Agent to Sell the Property

Jason Johnson

HomeSmart ICARE Realty License #01831598 Listed on: 02/01/2019

HomeSmart ICARE Realty

Last Buyer's Agent

Benjamen Verma

Berkshire Hathaway Home Services Elite Real Estate License #01447308

Berkshire Hathaway Home Services Elite Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,317

Year Built

  • Built in 1979

Lot Details

  • 10,759

Parking

  • Open Parking

Home Design

  • Duplex
  • A-Frame Home
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Free-Standing Electric Range

Additional Features

  • 10,759 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 218-0102-014-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,317

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1979
  • Architectural Style: A-Frame
  • 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: Free Standing Electric Range
  • Other Equipment: None
  • Flooring: Carpet,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Frame,Stucco
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,None
  • Listing Price: 324900.00
  • Roof: Composition

Garage/Parking

  • Parking Features: Open

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Twin Rivers Unified

Lot Info

  • Zoning Description: rd10
  • Lot Size Acres: 0.2470
  • Lot Size Sq Ft: 10759

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Gross Income: 23400
  • Income Includes: Rent Only
  • Number of Month to Month Units: 2
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 218-0102-014-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2019
Closed on
Jun 14, 2019
Sold by
Renfrow Jonathan Alan and Renfrow Teri Dawn
Bought by
Flenoid Omar A
Seller's Agent
Jason Johnson
HomeSmart ICARE Realty
Buyer's Agent
Benjamen Verma
Berkshire Hathaway Home Services Elite Real Estate
List Price
$330,000
Sold Price
$310,000
Premium/Discount to List
-$20,000
-6.06%
Current Estimated Value
$488,987

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,987
Avg. Annual Appreciation
7.50%
Original Mortgage
$300,162
Outstanding Balance
$265,333
Interest Rate
4.37%
Mortgage Type
FHA
Estimated Equity
$223,654

Purchase Details

Closed on
Mar 23, 2018
Sold by
Renfrow Teri and Renfrow Jonathan
Bought by
Renfrow Jonathan Alan and Renfrow Teri Dawn

Purchase Details

Closed on
Jun 13, 2013
Sold by
Renfrow Teri and Renfrow Jonathan
Bought by
Renfrow Jonathan and Renfrow Teri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,000
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 2011
Sold by
Deutsche Bank National Trust Company
Bought by
Renfrow Teri and Renfrow Jonathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,937
Interest Rate
4.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 7, 2011
Sold by
Stenhouse Derek and Stenhouse Yolanda
Bought by
Deutsche Bank National Trust Company

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,937
Interest Rate
4.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 2004
Sold by
Lakeev Tatyana
Bought by
Stenhouse Derek and Stenhouse Yolanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,100
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 23, 2003
Sold by
Lakeev Ruslan
Bought by
Lakeev Tatyana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 16, 2003
Sold by
Johnson Scot A and Johnson Karen M
Bought by
Lakeev Tatyana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 22, 1998
Sold by
California Federal Bank Fsb
Bought by
Johnson Scot A and Johnson Karen M

Purchase Details

Closed on
Mar 26, 1998
Sold by
Lawrence A Haywood
Bought by
California Federal Bank Fsb

Purchase Details

Closed on
Jun 4, 1996
Sold by
Haywood Lawrence A and Lawrence A Haywood Trust
Bought by
Scharlach David A and The Fourteenth Street Trust

Purchase Details

Closed on
Dec 20, 1994
Sold by
Haywood Lawrence A
Bought by
Haywood Lawrence A and The Trust Of Lawrence A Haywoo

Purchase Details

Closed on
Sep 9, 1994
Sold by
Haywood Dorothy
Bought by
Haywood Lawrence A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,600
Interest Rate
4.5%

Purchase Details

Closed on
Mar 22, 1994
Sold by
American Svgs Bank
Bought by
Theis David and Auburn Trust

Purchase Details

Closed on
Nov 16, 1993
Sold by
N A Mtg Services Inc
Bought by
American Savings Bank
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
Flenoid Omar A $310,000 Chicago Title Company
Renfrow Jonathan Alan -- None Available
Renfrow Jonathan -- Chicago Title Company
Renfrow Teri $109,250 Servicelink
Deutsche Bank National Trust Company $82,500 Accommodation
Stenhouse Derek $313,000 Financial Title Company
Lakeev Tatyana -- Financial Title Company
Lakeev Tatyana $235,000 Financial Title Company
Johnson Scot A $36,000 Fidelity National Title Co
California Federal Bank Fsb $42,750 --
Scharlach David A -- --
Haywood Lawrence A -- --
Haywood Lawrence A -- First American Title Ins Co
Haywood Lawrence A $107,000 First American Title Ins Co
Theis David $55,000 First American Title Ins Co
Haywood Daniel S -- First American Title Ins Co
American Savings Bank $68,142 Founders Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flenoid Omar A $300,162
Previous Owner Renfrow Jonathan $82,000
Previous Owner Renfrow Teri $81,937
Previous Owner Stenhouse Derek $219,100
Previous Owner Lakeev Tatyana $188,000
Previous Owner Haywood Lawrence A $85,600
Closed Stenhouse Derek $62,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/09/2019 07/09/19 Sold $310,000 0.0% $155 / Sq Ft
06/01/2019 06/01/19 Off Market $310,000 -- --
05/14/2019 05/14/19 Pending -- -- --
04/30/2019 04/30/19 Price Changed $324,900 -1.5% $162 / Sq Ft
02/01/2019 02/01/19 For Sale $330,000 -- $165 / 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 $4,317 $339,026 $101,707 $237,319
2024 $4,317 $332,379 $99,713 $232,666
2023 $3,954 $325,862 $97,758 $228,104
2022 $3,636 $319,474 $95,842 $223,632
2021 $3,626 $313,211 $93,963 $219,248
2020 $3,594 $310,000 $93,000 $217,000
2019 $1,484 $125,467 $34,452 $91,015
2018 $1,412 $123,008 $33,777 $89,231
2017 $1,447 $120,597 $33,115 $87,482
2016 $1,448 $118,233 $32,466 $85,767
2015 $1,362 $116,458 $31,979 $84,479
2014 $1,389 $114,178 $31,353 $82,825
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 19006604

MetroList

APN: 218-0102-014