NOT LISTED FOR SALE

Estimated Value: $529,000 - $631,000

4 Beds
3 Baths
2,011 Sq Ft
$283/Sq Ft Est. Value

Last Sold March 23, 2015

Last sale price $221,035 $110 Per Sq Ft

Est. 157% increase in value since last sale

Current estimated payment $3,362/month

190 Days on Market

Highlights

  • Contemporary Architecture
  • Central Heating and Cooling System
  • 1-Story Property
  • No HOA
  • Garage
  • 4-minute walk to Cherry Creek Manor Park

About This Home

As of March 2015

Spacious and very sharp duplex. 2/2 bath one side and 2/1 on the other. Great investment property or owner occupied - one side and get rent from the other. Awesome investment opportunity. Great cash flow.

Last Agent to Sell the Property

Ellen Herrle

The Real Estate Insider Group License #00521277 Listed on: 07/09/2014

Last Buyer's Agent

Rene Morales

GUIDE Real Estate License #00923039

GUIDE Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,152

Year Built

  • Built in 1976

Lot Details

  • 10,019

Parking

  • Garage

Home Design

  • Duplex
  • Contemporary Architecture
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Built-In Gas Range

Additional Features

  • 10,019 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable tv electricity
  • Assessor Parcel Number 243-0400-028-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,152

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1976
  • Architectural Style: Contemporary
  • Stories: 1
  • Number of Two Bedroom Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Gas Range
  • Other Equipment: Varies by Unit
  • Flooring: Varies by Unit

Exterior Features

  • Construction Materials: Frame,See Remarks
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,Transfer Disclosure Statement
  • Listing Price: 245000.00
  • Roof: Composition

Garage/Parking

  • Parking Features: Garage

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: Public Trans Nearby,See Remarks
  • Association: No

Schools

  • Senior High School District: San Juan Unified

Lot Info

  • Zoning Description: RD5
  • Lot Size Acres: 0.2300
  • Lot Size Sq Ft: 10019

Rental Info

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

Multi Family

  • Gross Income: 22200
  • Income Includes: Rent Only
  • Number of Month to Month Units: 2
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 243-0400-028-0000

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2021
Sold by
Stavrakos Nicholas J and Stavrakos Monica M
Bought by
Stavrakos Nicholas J
Current Estimated Value
$568,756

Purchase Details

Listed on
Jul 9, 2014
Closed on
Mar 20, 2015
Sold by
Grizel Micheal B
Bought by
Stavrakos Nicholas and Tellado Monica
Seller's Agent
Ellen Herrle
The Real Estate Insider Group
Buyer's Agent
Rene Morales
GUIDE Real Estate
List Price
$245,000
Sold Price
$221,035
Premium/Discount to List
-$23,965
-9.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.38%
Original Mortgage
$154,724
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 2003
Sold by
Grizelj Michael B and Grizelj Jelena E
Bought by
Grizelj Michael B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.89%

Purchase Details

Closed on
Dec 29, 2000
Sold by
Maccormack Dorothy M E and Maccormack Gordon E
Bought by
Grizelj Michael B and Grizelj Jelena E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,200
Interest Rate
7.71%

Purchase Details

Closed on
Dec 28, 1999
Sold by
Maccormack Gordon E and Maccormack Dorothy M
Bought by
Maccormack Gordon E and Maccormack Dorothy M
Source: Public Records

Range of Values:

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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
Stavrakos Nicholas J -- None Listed On Document
Statel 49 Llc -- None Available
Statel 99 Llc -- None Available
Stavrakos Nicholas $221,500 Old Republic Title Co
Grizelj Michael B -- Financial Title Company
Grizelj Michael B $159,000 Fidelity National Title Co
Maccormack Gordon E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Statel 49 Llc $1,450,000
Previous Owner Stavrakos Nicholas $154,724
Previous Owner Kent Richard H $225,000
Previous Owner Grizelj Michael B $251,889
Previous Owner Grizelj Michael B $180,000
Previous Owner Grizelj Michael B $132,000
Previous Owner Grizelj Michael B $127,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2015 03/23/15 Sold $221,035 -9.8% $110 / Sq Ft
01/15/2015 01/15/15 Pending -- -- --
07/09/2014 07/09/14 For Sale $245,000 -- $122 / 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 $3,152 $265,640 $84,124 $181,516
2024 $3,152 $260,432 $82,475 $177,957
2023 $3,073 $255,326 $80,858 $174,468
2022 $3,057 $250,321 $79,273 $171,048
2021 $3,007 $245,414 $77,719 $167,695
2020 $2,951 $242,899 $76,923 $165,976
2019 $2,892 $238,137 $75,415 $162,722
2018 $2,859 $233,469 $73,937 $159,532
2017 $2,831 $228,892 $72,488 $156,404
2016 $2,645 $224,405 $71,067 $153,338
2015 $2,733 $232,443 $63,731 $168,712
2014 $2,601 $221,374 $60,696 $160,678
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 14042946

MetroList

APN: 243-0400-028