NOT LISTED FOR SALE

618 1st St Galt, CA 95632

Estimated Value: $513,000 - $692,000

6 Beds
6 Baths
2,758 Sq Ft
$215/Sq Ft Est. Value

Last Sold July 22, 2013

Last sale price $253,500 $92 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $3,426/month

15 Days on Market

About This Home

As of July 2013

Each 1379 SF, 3 bdrm, 2.5 bath unit offers new interior paint, carpet, satin nickle fixtures and hardware. With brick fireplaces, large windows, private upper level bedrooms and professionally landscaped yards, this property is a terrific investment opportunity!

Last Agent to Sell the Property

Polly Watts

Shelter Club Realty, Inc License #00895696 Listed on: 05/16/2013

Last Buyer's Agent

Jennifer Grimes

Keller Williams Central Valley License #01885080

Keller Williams Central Valley

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,420

Year Built

  • Built in 1991

Lot Details

  • 7,150

Parking

  • 2 Car Garage
  • 1 Parking Space Included

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Dishwasher

Additional Features

  • Covered Patio or Porch
  • 7,150 Sq Ft Lot

Community Details

  • No Home Owners Association
  • 2 Units
  • New Hope Terrace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 148-0320-021-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,420

Year Built

Built in 1991

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1991
  • Stories: 2
  • Subdivision: New Hope Terrace
  • Number of Three Bedroom Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher
  • Other Equipment: None
  • Flooring: Carpet,Tile,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Frame,Wood
  • Disclosures/Documents: None
  • Listing Price: 259900.00
  • Patio And Porch Features: Covered Patio
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 4
  • Covered Parking Spaces: 4
  • Garage Spaces: 2
  • Parking Features: Garage,1+ Space Per Unit

Utilities

  • Cooling: Ceiling Fan(s),Central
  • Heating: Central,Natural Gas

Condo/Co-op/Association

  • Association Features: Yard Space
  • Association: No

Schools

  • Senior High School District: Galt Joint UHS

Lot Info

  • Zoning Description: R2
  • Lot Size Acres: 0.1641
  • Lot Size Sq Ft: 7150

Rental Info

  • Tenant Pays: See Remarks

Multi Family

  • Gross Income: 28800
  • Income Includes: See Remarks
  • Existing Lease Type: See Remarks
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 148-0320-021-0000

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2013
Closed on
Jul 16, 2013
Sold by
Granite Ranch Opportunities Llc
Bought by
Lee Eric and Wang Xuhua
Seller's Agent
Polly Watts
Shelter Club Realty, Inc
Buyer's Agent
Jennifer Grimes
KW Central Valley
List Price
$259,900
Sold Price
$253,500
Premium/Discount to List
-$6,400
-2.46%
Current Estimated Value
$594,105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$340,605
Avg. Annual Appreciation
7.21%
Original Mortgage
$177,450
Outstanding Balance
$41,855
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$552,250

Purchase Details

Closed on
Feb 27, 2013
Sold by
Kutner David H and Taylor Dneva
Bought by
Granite Ranch Opportunities Llc

Purchase Details

Closed on
Aug 5, 2003
Sold by
Kutner David H and Taylor Dneva
Bought by
Kutner David H and Taylor Dneva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,500
Interest Rate
5.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 7, 2002
Sold by
Sheehan John J and John Sheehan Trust
Bought by
Kutner David H and Taylor Dneva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,350
Interest Rate
6.74%
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
Lee Eric $253,500 Fidelity National Title
Granite Ranch Opportunities Llc $190,489 None Available
Kutner David H -- Chicago Title
Kutner David H $228,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Eric $177,450
Previous Owner Kutner David H $208,500
Previous Owner Kutner David H $182,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/22/2013 07/22/13 Sold $253,500 -2.5% $92 / Sq Ft
05/31/2013 05/31/13 Pending -- -- --
05/16/2013 05/16/13 For Sale $259,900 -- $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 $3,420 $310,746 $36,771 $273,975
2024 $3,420 $304,653 $36,050 $268,603
2023 $3,362 $298,681 $35,344 $263,337
2022 $3,227 $292,825 $34,651 $258,174
2021 $3,231 $287,084 $33,972 $253,112
2020 $3,203 $284,141 $33,624 $250,517
2019 $3,124 $278,570 $32,965 $245,605
2018 $3,119 $273,109 $32,319 $240,790
2017 $2,997 $267,755 $31,686 $236,069
2016 $2,880 $262,506 $31,065 $231,441
2015 $2,781 $258,564 $30,599 $227,965
2014 $2,774 $253,500 $30,000 $223,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 13027547

MetroList

APN: 148-0320-021