NOT LISTED FOR SALE

6027 Northcrest Cir Carmichael, CA 95608

Estimated Value: $744,000 - $938,000

8 Beds
4 Baths
3,400 Sq Ft
$242/Sq Ft Est. Value

Last Sold May 21, 2013

Last sale price $328,000 $96 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $4,718/month

9 Days on Market

Highlights

  • No HOA
  • Attic Fan
  • Central Heating

About This Home

As of May 2013

If you've been looking for the perfect turnkey investment opportunity this is it! The location is INCREDIBLE! Write offer subject to inspection of other units. Don't miss this great opportunity to own a four-plex at the price of house located in a prime Carmichael neighborhood! Make us an offer today before it's gone!

Last Agent to Sell the Property

Rick Lee

Vantage Point License #01154082 Listed on: 04/04/2013

Last Buyer's Agent

Tammie Gambeski

Dynamic Real Estate License #01410120

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 0.28 Acre Lot

Parking

  • Carport

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Attic Fan

Utilities

  • Central Heating
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable tv electricity
  • Assessor Parcel Number 236-0081-011-0000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 3 Leased Units
  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1963
  • Stories: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Disposal,Free Standing Electric Oven,Free Standing Electric Range,Free Standing Refrigerator
  • Other Equipment: Attic Fan(s)
  • Flooring: Carpet,Linoleum/Vinyl
  • Window Features: Dual Pane Partial,Window Coverings

Exterior Features

  • Construction Materials: Frame,Stucco
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,None
  • Listing Price: 320000.00
  • Roof: Composition

Garage/Parking

  • Covered Parking Spaces: 4
  • Parking Features: Carport

Utilities

  • Utilities: Cable Available
  • Cooling: Ceiling Fan(s),Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: Laundry Hook-Up in Units,Patios/Balcony,Yard Space
  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: RD20
  • Lot Size Acres: 0.2775
  • Lot Size Sq Ft: 12088

Rental Info

  • Tenant Pays: Cable TV,Electricity
  • Total # Leasable: 4

Multi Family

  • Income Includes: Rent Only
  • Number of Leased Units: 3
  • Number of Units: 4
  • Number of Vacant Units: 1
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 236-0081-011-0000

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2013
Closed on
May 17, 2013
Sold by
Abedi Jamal and Hejri Fereshteh
Bought by
Steiner Micahel
Seller's Agent
Rick Lee
Vantage Point
Buyer's Agent
Tammie Gambeski
Dynamic Real Estate
List Price
$320,000
Sold Price
$328,000
Premium/Discount to List
$8,000
2.5%
Current Estimated Value
$823,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$495,940
Avg. Annual Appreciation
7.57%
Original Mortgage
$202,500
Outstanding Balance
$143,622
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$680,318

Purchase Details

Closed on
Aug 18, 2008
Sold by
Franco Alba and Alba Franco Trust
Bought by
Abedi Jamal and Hejri Fereshteh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,500
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 14, 2001
Sold by
Franco Alba
Bought by
Franco Alba and The Alba Franco Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,900
Interest Rate
7.13%

Purchase Details

Closed on
Jan 29, 2001
Sold by
Strugar Vasilije and Strugar Ljiljana
Bought by
Franco Alba

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,900
Interest Rate
7.13%

Purchase Details

Closed on
Jun 8, 2000
Sold by
Gabelich Valerie R and Estate Of Anne Louise Eldred
Bought by
Strugar Vasilije and Strugar Ljiljana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
8.53%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 18, 1996
Sold by
Lokna Roy A and Lokna Sonja M
Bought by
Eldred Anne Louise
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Steiner Micahel $328,000 Orange Coast Title Company
Abedi Jamal $345,000 Placer Title Company
Franco Alba -- --
Franco Alba $231,000 Alliance Title Company
Strugar Vasilije $170,000 Financial Title Company
Eldred Anne Louise $149,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Steiner Micahel $202,500
Previous Owner Abedi Jamal $241,500
Previous Owner Franco Alba $70,900
Previous Owner Strugar Vasilije $127,500
Closed Strugar Vasilije $31,325
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/21/2013 05/21/13 Sold $328,000 +2.5% $96 / Sq Ft
04/11/2013 04/11/13 Pending -- -- --
04/02/2013 04/02/13 For Sale $320,000 -- $94 / 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 $4,814 $403,897 $130,526 $273,371
2024 $4,814 $395,978 $127,967 $268,011
2023 $4,738 $388,214 $125,458 $262,756
2022 $4,644 $380,603 $122,999 $257,604
2021 $4,568 $373,141 $120,588 $252,553
2020 $4,483 $369,316 $119,352 $249,964
2019 $4,393 $362,075 $117,012 $245,063
2018 $4,343 $354,976 $114,718 $240,258
2017 $4,301 $348,017 $112,469 $235,548
2016 $4,019 $341,194 $110,264 $230,930
2015 $4,037 $336,070 $108,608 $227,462
2014 $3,955 $329,488 $106,481 $223,007
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 13018238

MetroList

APN: 236-0081-011