NOT LISTED FOR SALE

6024 Madison Ave Carmichael, CA 95608

Merrihill Neighborhood

Estimated Value: $454,560 - $583,000

4 Beds
2 Baths
1,564 Sq Ft
$334/Sq Ft Est. Value

Last Sold May 10, 2013

Last sale price $207,000 $132 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $2,983/month

44 Days on Market

About This Home

As of May 2013

This is a Fannie Mae HomePath propterty in which the Sellers First look program applies. This propty has been approved for HomePath Mortgage or HomePath Renovation Mortgage financing. Propty is boarded up. Large backyard. Subjt is on a frontage road.

Last Agent to Sell the Property

Russell Skutley

VRS Properties License #00700813 Listed on: 02/05/2013

Last Buyer's Agent

Kelly Wyler

Access Real Estate License #00879476

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 10,193

Parking

  • 1 Parking Space Included

Home Design

  • Duplex
  • Composition Roof

Utilities

  • No Cooling
  • Wall Furnace

Additional Features

  • 1-Story Property
  • 10,193 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for electricity gas rent only
  • Assessor Parcel Number 236-0111-006-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 100 Vacant Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1959
  • Architectural Style: Ranch
  • Stories: 1
  • Special Features: 20
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Varies By Unit
  • Other Equipment: None
  • Flooring: Carpet,Wood,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Frame,Stucco,Wood
  • Disclosures/Documents: CC&Rs,None
  • Listing Price: 195000.00
  • Roof: Composition

Garage/Parking

  • Parking Features: Garage,1 Space Per Unit

Utilities

  • Cooling: None
  • Heating: Wall Furnace

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: San Juan Unified

Lot Info

  • Zoning Description: RD10
  • Lot Size Acres: 0.2340
  • Lot Dimensions: 76x129
  • Lot Size Sq Ft: 10193

Rental Info

  • Tenant Pays: Electricity,Gas,Rent Only

Multi Family

  • Income Includes: Rent Only
  • Existing Lease Type: See Remarks
  • Number of Units: 2
  • Number of Vacant Units: 100
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 236-0111-006-0000

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2013
Closed on
Mar 27, 2013
Sold by
Federal National Mortgage Association
Bought by
Gladka Galina
Seller's Agent
Russell Skutley
VRS Properties
Buyer's Agent
Kelly Wyler
Access Real Estate
List Price
$195,000
Sold Price
$207,000
Premium/Discount to List
$12,000
6.15%
Current Estimated Value
$522,640

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$315,640
Avg. Annual Appreciation
7.60%

Purchase Details

Closed on
Jan 23, 2013
Sold by
Wong Hon Kwong and Yu Jian Ping
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 22, 2005
Sold by
Wong Samuel
Bought by
Wong Hon Kwong and Yu Jian Ping

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 23, 2004
Sold by
Chew Wong Nancy Mae
Bought by
Wong Samuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,250
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 21, 2004
Sold by
Simmons Gary and Simmons Joy
Bought by
Wong Samuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,250
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 14, 2000
Sold by
Nord Rolle W and Nord Anita H
Bought by
Simmons Gary and Simmons Joy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,745
Interest Rate
8.24%
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
Gladka Galina $207,000 Stewart Title Of California
Federal National Mortgage Association $335,086 Old Republic
Wong Hon Kwong $399,000 First American Title Company
Wong Samuel -- First American Title Co
Wong Samuel $335,000 First American Title Co
Simmons Gary $117,500 Financial Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wong Hon Kwong $319,000
Previous Owner Wong Samuel $251,250
Previous Owner Simmons Gary $116,745
Closed Wong Samuel $49,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2013 05/10/13 Sold $207,000 +6.2% $132 / Sq Ft
03/21/2013 03/21/13 Pending -- -- --
02/05/2013 02/05/13 For Sale $195,000 -- $125 / 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 $3,034 $254,896 $61,567 $193,329
2024 $3,034 $249,899 $60,360 $189,539
2023 $2,986 $245,000 $59,177 $185,823
2022 $2,927 $240,197 $58,017 $182,180
2021 $2,879 $235,488 $56,880 $178,608
2020 $2,825 $233,074 $56,297 $176,777
2019 $2,768 $228,505 $55,194 $173,311
2018 $2,737 $224,025 $54,112 $169,913
2017 $2,710 $219,633 $53,051 $166,582
2016 $2,532 $215,327 $52,011 $163,316
2015 $2,532 $212,093 $51,230 $160,863
2014 $4,654 $207,939 $50,227 $157,712
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2013

    Russell Skutley

    VRS Properties

  • K

    Buyer's Agent in 2013

    Kelly Wyler

    Access Real Estate

    (916) 765-4402

    25 Total Sales

    Kelly Wyler
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Map

Source: MetroList

MLS Number: 13006466

MetroList

APN: 236-0111-006

California Sacramento County Carmichael 95608 Merrihill

6024 Madison Ave, Carmichael, CA

Not Listed for Sale

MultiFamily

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