NOT LISTED FOR SALE

Estimated Value: $443,465 - $560,000

4 Beds
2 Baths
1,654 Sq Ft
$297/Sq Ft Est. Value

Last Sold February 06, 2024

Last sale price $540,000 $326 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $3,070/month

27 Days on Market

Highlights

  • No HOA
  • Fenced Yard
  • Double Pane Windows
  • Covered Patio or Porch
  • Fireplace
  • Landscaped

About This Home

As of February 2024

Great opportunity to purchase an investment property in quiet neighborhood! Live in one unit while collecting rental income. These 2 houses are on a large corner lot connected with a breezeway, featuring updated HVAC, roof, gutters and electrical. Occupied unit rebuilt in 2014 and upgraded with dual pane windows; vacant unit has new flooring and repainted interior. Each unit has a single car garage and individual laundry connections.

Last Agent to Sell the Property

Brenda Comfort

eXp Realty of California Inc License #01435781 Listed on: 01/04/2024

eXp Realty of California Inc

Last Buyer's Agent

Esthela Duran Camacho

RE/MAX Gold Midtown License #02006607

RE/MAX Gold Midtown

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,925

Year Built

  • Built in 1951 | Remodeled

Lot Details

  • 6,970 Sq Ft Lot
  • Fenced Yard
  • Landscaped

Parking

  • 2 Car Garage
  • 4 Open Parking Spaces
  • On-Street Parking

Home Design

  • Duplex
  • Raised Foundation
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Fireplace
  • Double Pane Windows
  • Window Treatments

Kitchen

  • Built-In Electric Oven
  • Free-Standing Gas Range

Flooring

  • Carpet
  • Linoleum
  • Laminate

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas, insurance
  • Assessor Parcel Number 037-0053-011-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units
  • Fruitridge Vista 02 Subdivision

Building Details

  • 1 Vacant Unit
  • 1 Unit Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,925

Year Built

Built in 1951 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: House(s)
  • Property Subtype 1: Duplex
  • Stories: 1
  • Year Built: 1951
  • Architectural Style: Other
  • Levels: One
  • Stories: 1
  • Subdivision: Fruitridge Vista 02
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Electric Oven, Free Standing Gas Range, Gas Water Heater, Electric Cook Top
  • Flooring: Carpet, Laminate, Linoleum
  • Price Per Square Foot: 326.48
  • Window Features: Dual Pane Partial, Window Coverings, Varies by Unit

Exterior Features

  • Construction Materials: Stucco, Wood, Wood Siding
  • Disclosures/Documents: Preliminary Title Report, Natural Hazard Disclosure Available
  • Exterior Features: Fenced Yard, Yard Space
  • Foundation: Raised
  • Listing Price: 559000.00
  • Lot Features: Court, Curbs/Gutters, Landscape Front
  • Patio And Porch Features: Uncovered Patio, Covered Patio
  • Property Condition: Updated/Remodeled, Varies by Unit
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 4.00
  • Garage Spaces: 2.00
  • Parking Features: Street, Garage
  • Total Parking Spaces: 6.00

Utilities

  • Security: Carbon Mon Detector, Double Strapped Water Heater, Smoke Detector
  • Sewer: In & Connected, Public Sewer
  • Utilities: Natural Gas Connected, City, Electric
  • Cooling: Ceiling Fan(s), Central
  • Heating: Central, Fireplace(s)
  • Laundry Features: In Each Unit, Washer/Dryer Hookups
  • Water Source: Public
  • Separate Meters: Electricity,Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: RD-5
  • Irrigation: Public District
  • Lot Size Acres: 0.1600
  • Lot Size Sq Ft: 6970.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas, Insurance
  • Lease Term: Month To Month
  • Lease Deposit: 895
  • Total # Leasable: 2

Multi Family

  • Income Includes: Rent Only
  • Number of Month to Month Units: 1
  • Number of Units: 2
  • Number of Vacant Units: 1
  • Units Furnished: None
  • Two Bedrooms Occupied: 1

Tax Info

  • Assessor Parcel Number: 037-0053-011-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2024
Closed on
Feb 2, 2024
Sold by
Montellano Hector Hugo Garcia
Bought by
Garcia Levan Lace
Seller's Agent
Brenda Comfort
eXp Realty of California Inc
Buyer's Agent
Esthela Duran Camacho
RE/MAX Gold Midtown
List Price
$559,000
Sold Price
$540,000
Premium/Discount to List
-$19,000
-3.4%
Views
72
Current Estimated Value
$503,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$36,488
Avg. Annual Appreciation
-5.92%
Original Mortgage
$405,000
Outstanding Balance
$399,034
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$92,832

Purchase Details

Listed on
Jan 4, 2024
Closed on
Jan 23, 2024
Sold by
Valley Oak Investments Lp
Bought by
Garcia Lavon Lace
Seller's Agent
Brenda Comfort
eXp Realty of California Inc
Buyer's Agent
Esthela Duran Camacho
RE/MAX Gold Midtown
List Price
$559,000
Sold Price
$540,000
Premium/Discount to List
-$19,000
-3.4%
Views
72

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Outstanding Balance
$399,034
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$92,832

Purchase Details

Closed on
Feb 1, 2011
Sold by
Franza Thomas J and Franza Beverly J
Bought by
Lefever Mattson Inc

Purchase Details

Closed on
Nov 28, 2005
Sold by
Lefever Mattson Inc
Bought by
Franza Thomas J and Franza Beverly J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,600
Interest Rate
2.5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 3, 2005
Sold by
Moraes Paul
Bought by
Lefever Mattson Inc

Purchase Details

Closed on
Apr 4, 2005
Sold by
Kerr Leona
Bought by
Kerr Charles W and Kerr Leona K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
7.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 31, 2005
Sold by
Kerr Leona
Bought by
Moraes Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
7.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 14, 2001
Sold by
Kerr Charles
Bought by
Kerr Leona

Purchase Details

Closed on
Nov 9, 2001
Sold by
Craft Barbara J
Bought by
Craft Barbara J and Kerr Leona
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
Garcia Levan Lace -- Stewart Title Of California
Garcia Lavon Lace $540,000 Stewart Title Of California
Lefever Mattson Inc -- None Available
Franza Thomas J $372,000 Fidelity National Title Co
Lefever Mattson Inc -- Fidelity National Title Co
Kerr Charles W -- --
Moraes Paul $290,000 Alliance Title Company
Kerr Leona -- --
Craft Barbara J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Lavon Lace $405,000
Previous Owner Garcia Lavon Lace $405,000
Previous Owner Franza Thomas J $297,600
Previous Owner Moraes Paul $236,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2024 02/06/24 Sold $540,000 -3.4% $326 / Sq Ft
01/31/2024 01/31/24 Pending -- -- --
01/04/2024 01/04/24 For Sale $559,000 -- $338 / 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 $3,925 $550,800 $137,700 $413,100
2024 $3,925 $334,279 $79,590 $254,689
2023 $3,834 $327,726 $78,030 $249,696
2022 $3,771 $321,300 $76,500 $244,800
2021 $3,592 $315,000 $75,000 $240,000
2020 $1,607 $134,558 $42,491 $92,067
2019 $1,573 $131,920 $41,658 $90,262
2018 $1,534 $129,335 $40,842 $88,493
2017 $1,514 $126,800 $40,042 $86,758
2016 $1,486 $124,314 $39,257 $85,057
2015 $1,465 $122,448 $38,668 $83,780
2014 $1,099 $120,050 $37,911 $82,139
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 224000432

MetroList

APN: 037-0053-011