NOT LISTED FOR SALE

6000 Rye Way Carmichael, CA 95608

Estimated Value: $495,000 - $576,000

4 Beds
2 Baths
1,664 Sq Ft
$325/Sq Ft Est. Value

Last Sold December 22, 2016

Last sale price $280,000 $168 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $3,155/month

22 Days on Market

Highlights

  • No HOA
  • 2 Car Garage
  • 1-Story Property
  • Central Heating and Cooling System

About This Home

As of December 2016

Great opportunity for positive cash-flow! This duplex features 2 bed/1 bath and one car garage on each side. Both sides are rented and the tenants would like to stay!

Last Agent to Sell the Property

Stephen Lanzi

Nationwide Real Estate License #01913279 Listed on: 10/02/2016

Last Buyer's Agent

Rory Hoelker

Riverside Properties License #00974534

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 6,098

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Window Treatments
  • Washer and Dryer Hookup

Additional Features

  • 6,098 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable tv electricity gas grounds care rent only
  • Assessor Parcel Number 236-0252-001-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1964
  • Architectural Style: Ranch
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Disposal,Free Standing Gas Range
  • Flooring: Carpet,Linoleum/Vinyl
  • Window Features: Window Coverings

Exterior Features

  • Construction Materials: Frame,Stucco,Wood
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,None
  • Listing Price: 289950.00
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: Laundry Hook-Up in Units
  • Association: No

Schools

  • Senior High School District: San Juan Unified

Lot Info

  • Zoning Description: RD10
  • Lot Size Acres: 0.1400
  • Lot Size Sq Ft: 6098

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas,Grounds Care,Rent Only
  • Total # Leasable: 2

Multi Family

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

Tax Info

  • Assessor Parcel Number: 236-0252-001-0000

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2016
Closed on
Dec 16, 2016
Sold by
Barton Charles J and Barton Lois E
Bought by
Arunachalam Annamalai
Seller's Agent
Stephen Lanzi
Nationwide Real Estate
Buyer's Agent
Rory Hoelker
Riverside Properties
List Price
$289,950
Sold Price
$280,000
Premium/Discount to List
-$9,950
-3.43%
Current Estimated Value
$540,754

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$260,754
Avg. Annual Appreciation
7.59%
Original Mortgage
$196,000
Outstanding Balance
$158,510
Interest Rate
3.57%
Mortgage Type
Construction
Estimated Equity
$382,244
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Arunachalam Annamalai $280,000 Placer Title Company
Arunachalam Annamalai -- Placer Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arunachalam Annamalai $196,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/22/2016 12/22/16 Sold $280,000 -3.4% $168 / Sq Ft
10/22/2016 10/22/16 Pending -- -- --
09/30/2016 09/30/16 For Sale $289,950 -- $174 / 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 $3,861 $324,958 $98,647 $226,311
2024 $3,861 $318,587 $96,713 $221,874
2023 $3,800 $312,341 $94,817 $217,524
2022 $3,724 $306,217 $92,958 $213,259
2021 $3,663 $300,214 $91,136 $209,078
2020 $3,595 $297,137 $90,202 $206,935
2019 $3,523 $291,312 $88,434 $202,878
2018 $3,482 $285,600 $86,700 $198,900
2017 $3,448 $280,000 $85,000 $195,000
2016 $854 $71,530 $16,754 $54,776
2015 $883 $70,457 $16,503 $53,954
2014 $865 $69,078 $16,180 $52,898
Source: Public Records

Agents Affiliated with this Home

  • Stephen Lanzi

    Seller's Agent in 2016

    Stephen Lanzi

    Nationwide Real Estate

    (916) 390-7102

    1 in this area

    32 Total Sales

    Stephen Lanzi
    Section Image

  • R

    Buyer's Agent in 2016

    Rory Hoelker

    Riverside Properties

    Section Image
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Map

Source: MetroList

MLS Number: 16064622

MetroList

APN: 236-0252-001

California Sacramento County Carmichael 95608

6000 Rye Way, Carmichael, CA

Not Listed for Sale

MultiFamily

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