NOT LISTED FOR SALE

Estimated Value: $1,138,876

2 Beds
4 Baths
2,400 Sq Ft
$475/Sq Ft Est. Value

Last Sold December 26, 2019

Last sale price $825,000 $344 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $6,920/month

Highlights

  • No HOA
  • Patio
  • 2-minute walk to Washington Park
  • Double Pane Windows

About This Home

As of December 2019

Unique Midtown mixed-use property located in a prime redevelopment corridor! One building features 4 apartment units which are partially renovated with room to add value, and the second building is a commercial unit leased to a coffee shop tenant with improvements currently under construction. The property is located within an Opportunity Zone.

Last Agent to Sell the Property

Kendra Knauer

House Real Estate License #02007619 Listed on: 10/19/2019

Last Buyer's Agent

Kendra Knauer

House Real Estate License #02007619 Listed on: 10/19/2019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1880

Lot Details

  • 3,202

Parking

  • On-Street Parking

Home Design

  • Combination Foundation
  • Composition Roof

Interior Spaces

  • 3-Story Property
  • Double Pane Windows

Additional Features

  • Patio
  • 3,202 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 002-0173-002-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 5 Units

Building Details

  • 5 Leased Units
  • 3 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: 5 or More Units
  • Year Built: 1880
  • Stories: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2017

Interior Features

  • Appliances: Disposal,Free Standing Electric Range,Free Standing Refrigerator,Gas Water Heater,Insulated Water Heater
  • Flooring: Carpet,Tile,Linoleum/Vinyl
  • Window Features: Dual Pane Partial

Exterior Features

  • Construction Materials: Block,Cement Siding,Partial Insulation,Stucco,Wood
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,Structural Pest Control Report
  • Foundation: Combination
  • Listing Price: 925000.00
  • Patio And Porch Features: Uncovered Patio
  • Roof: Composition

Garage/Parking

  • Parking Features: Street

Utilities

  • Security: Smoke Detector,Unguarded Gate
  • Sewer: Public Sewer
  • Utilities: Cable Connected,Internet Available
  • Cooling: Ceiling Fan(s),MultiUnits,Wall Unit(s)
  • Heating: MultiUnits,Wall Furnace
  • Laundry Features: Washer/Dryer Owned,Washer/Dryer
  • Water Source: Public

Condo/Co-op/Association

  • Association Features: Extra Storage,Patios/Balcony,Public Trans Nearby
  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: C-2
  • Lot Size Acres: 0.0735
  • Lot Size Sq Ft: 3202

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas
  • Total # Leasable: 5

Multi Family

  • Income Includes: Rent Only
  • Number of Leased Units: 5
  • Number of Month to Month Units: 3
  • Number of Units: 5
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 002-0173-002-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2019
Closed on
Dec 18, 2019
Sold by
Knauer John R
Bought by
Perito Moreno Holding Llc
Seller's Agent
Kendra Knauer
House Real Estate
Buyer's Agent
Kendra Knauer
House Real Estate
List Price
$925,000
Sold Price
$825,000
Premium/Discount to List
-$100,000
-10.81%
Current Estimated Value
$1,138,876

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$313,876
Original Mortgage
$400,000
Outstanding Balance
$353,347
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 19, 2016
Sold by
Sa Chalenger Inc
Bought by
Knauer John R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
3.45%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 8, 2016
Sold by
Knauer Kendra M
Bought by
Knauer John R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
3.45%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 27, 2013
Sold by
Khan Khalid Nazim
Bought by
Sa Challenger Inc

Purchase Details

Closed on
May 19, 2004
Sold by
Chan Donald Q and Chan Chester C
Bought by
Khan Khalid Nazim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
5.77%
Mortgage Type
Commercial

Purchase Details

Closed on
May 17, 2000
Sold by
Chan Dennis W and Chan Laura F
Bought by
Chan Dennis W and Chan Laura F

Purchase Details

Closed on
Apr 29, 1997
Sold by
Chan Chester C and Chan Annie F
Bought by
Chan Chester C and Chan Annie Foon
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
Perito Moreno Holding Llc $825,000 First American Title Company
Knauer John R $1,375 First American Title Insuran
Knauer John R -- None Available
Sa Challenger Inc $309,662 First American Title
Khan Khalid Nazim $285,000 Fidelity National Title Co
Chan Dennis W -- --
Chan Chester C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perito Moreno Holding Llc $400,000
Previous Owner Knauer John R $350,000
Previous Owner Khan Khalid Nazim $210,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/26/2019 12/26/19 Sold $825,000 -10.8% $344 / Sq Ft
10/19/2019 10/19/19 Pending -- -- --
10/19/2019 10/19/19 For Sale $925,000 -- $385 / 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 $11,570 $902,253 $240,600 $661,653
2024 $11,570 $884,563 $235,883 $648,680
2023 $11,288 $867,219 $231,258 $635,961
2022 $10,908 $850,216 $226,724 $623,492
2021 $10,400 $833,546 $222,279 $611,267
2020 $10,459 $825,000 $220,000 $605,000
2019 $6,553 $520,200 $150,858 $369,342
2018 $6,384 $510,000 $147,900 $362,100
2017 $6,295 $500,000 $145,000 $355,000
2016 $4,112 $310,659 $103,553 $207,106
2015 $4,051 $305,994 $101,998 $203,996
2014 $3,829 $330,543 $148,454 $182,089
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 19072632

MetroList

APN: 002-0173-002