NOT LISTED FOR SALE

6008 Rye Way Carmichael, CA 95608

Estimated Value: $531,521 - $621,000

4 Beds
2 Baths
1,664 Sq Ft
$352/Sq Ft Est. Value

Last Sold January 27, 2021

Last sale price $500,000 $300 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,730/month

8 Days on Market

Highlights

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

About This Home

As of January 2021

This property is a hidden gem! Fully, beautifully & meticulously remodeled duplex that is completely vacant so buyer can easily live in one side and rent out the other or place two new tenants at today's high rents! Market rent is between $1,600-$1,700. Seller have a clear pest inspection. Interior & exterior painted, new flooring, new kitchens and bathrooms, dual pane windows and more! Video walk-thru: https://youtu.be/Pr8lTuGVZoc

Last Agent to Sell the Property

Stephen Lanzi

Nationwide Real Estate License #01913279 Listed on: 12/22/2020

Last Buyer's Agent

Jenae Medford

Better Homes and Gardens RE License #01501310

Better Homes and Gardens RE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,418

Year Built

  • Built in 1963

Lot Details

  • 6,098

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Raised Foundation
  • Composition Roof

Utilities

  • Central Heating
  • 220 Volts

Additional Features

  • 1-Story Property
  • 6,098 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 236-0252-003-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,418

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1963
  • Stories: 1
  • Number of Two Bedroom Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher,Disposal,Free Standing Gas Range,Microwave
  • Flooring: Carpet,Linoleum/Vinyl
  • Window Features: Dual Pane Full,Window Coverings

Exterior Features

  • Construction Materials: Frame,Stucco,Wood
  • Disclosures/Documents: Pest Control Report Clear
  • Foundation: Raised
  • Listing Price: 499950.00
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Ceiling Fan(s),Central
  • Electric: 220 Volts
  • Heating: Central

Condo/Co-op/Association

  • Association Features: Yard Space
  • Association: No

Schools

  • Senior High School District: San Juan Unified

Lot Info

  • Zoning Description: RD-10
  • Lot Size Acres: 0.1400
  • Lot Size Sq Ft: 6098

Rental Info

  • Tenant Pays: See Remarks
  • Total # Leasable: 2

Multi Family

  • Gross Income: 40800
  • Income Includes: Rent Only
  • Existing Lease Type: See Remarks
  • Number of Units: 2
  • Number of Vacant Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 236-0252-003-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2020
Closed on
Jan 20, 2021
Sold by
Griggs Rick L and Griggs Jan
Bought by
Higuera Kathleen and Higuera Lori Vickie
Seller's Agent
Stephen Lanzi
Nationwide Real Estate
Buyer's Agent
Jenae Medford
Better Homes and Gardens RE
List Price
$499,950
Sold Price
$500,000
Premium/Discount to List
$50
0.01%
Current Estimated Value
$586,380

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,380
Avg. Annual Appreciation
3.01%
Original Mortgage
$400,000
Outstanding Balance
$358,389
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$214,081

Purchase Details

Closed on
Feb 22, 2018
Sold by
Griggs Rick L and Griggs Jan M
Bought by
Griggs Rick L and Griggs Jan

Purchase Details

Closed on
Aug 28, 1998
Sold by
Lukka Alan R
Bought by
Marie Fern

Purchase Details

Closed on
Aug 26, 1998
Sold by
Marie Fern and Fern Marie
Bought by
Griggs Rick L and Griggs Jan M

Purchase Details

Closed on
Apr 28, 1994
Sold by
Marie Fern
Bought by
Marie Fern

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
7.84%
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
Higuera Kathleen $500,000 Placer Title Company
Griggs Rick L -- None Available
Marie Fern -- First American Title Ins Co
Griggs Rick L -- First American Title Ins Co
Marie Fern -- Placer Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Higuera Kathleen $400,000
Previous Owner Griggs Rick L $129,000
Previous Owner Griggs Rick L $95,300
Previous Owner Griggs Rick L $94,000
Previous Owner Griggs Rick L $145,000
Previous Owner Griggs Rick L $19,000
Previous Owner Griggs Rick L $13,681
Previous Owner Marie Fern $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2021 01/27/21 Sold $500,000 0.0% $300 / Sq Ft
12/30/2020 12/30/20 Pending -- -- --
12/22/2020 12/22/20 For Sale $499,950 -- $300 / 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 $6,418 $541,216 $135,304 $405,912
2024 $6,418 $530,604 $132,651 $397,953
2023 $6,316 $520,200 $130,050 $390,150
2022 $6,190 $510,000 $127,500 $382,500
2021 $1,953 $159,295 $101,373 $57,922
2020 $1,917 $157,663 $100,334 $57,329
2019 $1,878 $154,572 $98,367 $56,205
2018 $1,857 $151,542 $96,439 $55,103
2017 $1,839 $148,572 $94,549 $54,023
2016 $1,718 $145,660 $92,696 $52,964
2015 $1,732 $143,473 $91,304 $52,169
2014 $1,697 $140,664 $89,516 $51,148
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 20074301

MetroList

APN: 236-0252-003