NOT LISTED FOR SALE

Estimated Value: $492,000 - $573,352

5 Beds
3 Baths
1,842 Sq Ft
$286/Sq Ft Est. Value

Last Sold October 18, 2018

Last sale price $427,625 $232 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,516/month

63 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Patio
  • Mary Deterding Elementary School Rated A-
  • Double Pane Windows
  • 1-Story Property

About This Home

As of October 2018

Rare Gem in Carmichael with 2 separate units ! Main home recently updated - 1266sf 3Bd/2Ba - kitchen, bathrooms, granite counters, floors, cabinets, tankless water heater. Second Dwelling is Completely Energy Efficient and fully permitted NEW construction - 576sf 2Bd/1Bath w/new appliances, HVAC, hybrid water heater. Private Entrances for each unit. Close to American River, Ancil Hoffman and other Parks. Public Transportation nearby. Minutes from Freeways. Move-In-Ready - Must See. Will not Last

Last Agent to Sell the Property

Frank Verni

Quest Realty License #01390255 Listed on: 07/19/2018

Last Buyer's Agent

Darryn Begun

Big Oak Financial License #01250953

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,654

Year Built

  • Built in 1950

Lot Details

  • 10,694

Parking

  • 9 Open Parking Spaces

Home Design

  • Duplex
  • Traditional Architecture
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Double Pane Windows

Additional Features

  • Patio
  • 10,694 Sq Ft Lot
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable tv electricity see remarks
  • Assessor Parcel Number 273-0311-009-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,654

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1950
  • Architectural Style: Traditional
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2018

Interior Features

  • Appliances: Dishwasher,Disposal,Electric Water Heater,Free Standing Electric Range,Free Standing Gas Oven,Free Standing Gas Range,Free Standing Refrigerator,Gas Water Heater,Microwave,Plumbed For Ice Maker,Tankless Water Heater
  • Flooring: Carpet,Laminate,Tile
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Stucco,Wood
  • Disclosures/Documents: CC&Rs,None
  • Listing Price: 479500.00
  • Patio And Porch Features: Uncovered Patio
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 9
  • Parking Features: Varies by Unit

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Utilities: Cable Available
  • Cooling: Ceiling Fan(s),Central,Whole House Fan
  • Heating: Central,Electric

Condo/Co-op/Association

  • Association Features: Public Trans Nearby,RV/Boat Storage
  • Association: No

Schools

  • Senior High School District: San Juan Unified

Lot Info

  • Zoning Description: RD-5
  • Lot Size Acres: 0.2455
  • Lot Size Sq Ft: 10694

Rental Info

  • Tenant Pays: Cable TV,Electricity,See Remarks
  • Total # Leasable: 2

Multi Family

  • Gross Income: 34800
  • 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: 273-0311-009-0000

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 12, 2021
Sold by
Pearl Investment Company Llc
Bought by
Mckay Teresa
Current Estimated Value
$510,496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,000
Outstanding Balance
$452,662
Interest Rate
2.98%
Mortgage Type
Seller Take Back
Estimated Equity
$73,426

Purchase Details

Closed on
Jul 29, 2021
Sold by
Jenkins Heather
Bought by
Phillips Parish

Purchase Details

Listed on
Jul 19, 2018
Closed on
Oct 16, 2018
Sold by
Dexter James W
Bought by
Pearl Investment Company Llc
Seller's Agent
Frank Verni
Quest Realty
Buyer's Agent
Darryn Begun
Big Oak Financial
List Price
$479,500
Sold Price
$427,625
Premium/Discount to List
-$51,875
-10.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.09%
Original Mortgage
$311,500
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 21, 2015
Closed on
Mar 31, 2015
Sold by
Clark Dena R and Dena R Clark Living Trust
Bought by
Dexter James W
Seller's Agent
Linda Warren
Berkshire Hathaway HomeServices-Drysdale Properties
Buyer's Agent
Michelle King
Realty One Group Complete
List Price
$235,000
Sold Price
$212,500
Premium/Discount to List
-$22,500
-9.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.77%
Original Mortgage
$233,500
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 2014
Sold by
Clark Dena R
Bought by
Clark Dena R and Dena R Clark Living Trust

Purchase Details

Closed on
Dec 13, 1997
Sold by
Turberville Jerry L and Turberville Diane L
Bought by
Clark James P and Clark Dena R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,040
Interest Rate
7.19%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Mckay Teresa $492,000 First American Title
Mckay Teresa $492,000 First American Title Company
Mckay Teresa $492,000 First American Title Company
Phillips Parish $355,000 First American Title Company
Pearl Investment Company Llc $428,000 Chicago Title Company
Dexter James W $212,500 Stewart Title
Clark Dena R -- None Available
Clark James P $120,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mckay Teresa $492,000
Closed Mckay Teresa $492,000
Previous Owner Pearl Investment Company Llc $311,500
Previous Owner Dexter James W $31,000
Previous Owner Dexter James W $272,000
Previous Owner Dexter James W $233,500
Previous Owner Clark James P $160,000
Previous Owner Clark James P $25,000
Previous Owner Clark James P $119,040
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2018 10/18/18 Sold $427,625 -10.8% $232 / Sq Ft
09/20/2018 09/20/18 Pending -- -- --
09/05/2018 09/05/18 For Sale $479,500 0.0% $260 / Sq Ft
08/30/2018 08/30/18 Pending -- -- --
08/17/2018 08/17/18 Price Changed $479,500 -3.1% $260 / Sq Ft
07/19/2018 07/19/18 For Sale $495,000 +132.9% $269 / Sq Ft
04/02/2015 04/02/15 Sold $212,500 -9.6% $168 / Sq Ft
02/28/2015 02/28/15 Pending -- -- --
01/18/2015 01/18/15 For Sale $235,000 -- $186 / 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 $8,654 $522,112 $212,241 $309,871
2024 $8,654 $511,876 $208,080 $303,796
2023 $9,232 $501,840 $204,000 $297,840
2022 $5,966 $492,000 $200,000 $292,000
2021 $5,366 $441,081 $182,607 $258,474
2020 $5,266 $436,559 $180,735 $255,824
2019 $5,160 $428,000 $177,192 $250,808
2018 $7,203 $224,453 $92,950 $131,503
2017 $7,319 $220,053 $91,128 $128,925
2016 $5,530 $215,740 $89,342 $126,398
2015 $1,832 $159,414 $66,422 $92,992
2014 $1,793 $156,292 $65,121 $91,171
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 18044027

MetroList

APN: 273-0311-009