NOT LISTED FOR SALE

Estimated Value: $591,000 - $657,000

5 Beds
3 Baths
2,075 Sq Ft
$305/Sq Ft Est. Value

Sale Details

Date Sold: December 4, 2020

Last sale price $519,000 $250 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $4,036 / mo

48 Days on Market

About This Home

As of December 2020

A great investment property! Two houses in Tahoe Park, remodeled recently, Front house is a 3 bedroom, 2 bath home with central heat & air, granite in the kitchen and family room with fireplace and Guest house has 2 beds, 1 bath. Both houses completely remodeled in 2010. New roof, new HV/AC, new dual pane windows, granite, tile, natural stone. Close to shopping and schools, 10mins to downtown. Close to Sac State and dinning.

Last Agent to Sell the Property

Johnson Hormoz

Bethia Realty and Finance License #01768924 Listed on: 09/01/2020

Last Buyer's Agent

Lisa Lyford

Nick Sadek Sotheby's Intl. License #01404576

Nick Sadek Sotheby's Intl.

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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Property Details

Home Type

  • Multi-Family

Year Built

  • 1962

Lot Details

  • 7,841

Parking

  • 4 Carport Spaces

Home Design

  • Duplex
  • Slab Foundation

Interior Spaces

  • 2,075 Sq Ft Home
  • 1-Story Property

Additional Features

  • 7,841 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $31,200

Community Details

Overview

  • 2,075 Sq Ft Building

Building Details

  • 2 Leased Units
  • Insurance Expense $700
  • Utility Expense $800
  • Operating Expense $5,250
  • Gross Income $31,200

Property Details

Home Type

Multi-Family

Year Built

1962

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Zoning: R-2
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2075
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1962

Interior Features

  • Living Sq Ft: 2075
  • Stories: 1

Exterior Features

  • Foundation: Concrete Slab

Garage/Parking

  • Garage Parking Features: Carport
  • Carport Min: 4

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.1800
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7841.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7841.00

Rental Info

  • Existing Lease Term(s): Month To Month, Security Deposit
  • Gross Rent Multiplier: 16.63
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 700
  • Expenses Total: 5250
  • Expenses Utility: 800
  • Income Annual Gross: 31200.00
  • Income Annual Rental: 31200
  • Income Gross Scheduled: 31200
  • Income Includes: Rents
  • Meters: Master Gas, Separate Electric
  • Number Of Buildings: 2
  • Operating Expenses Include: Utilities - Water
  • Tenant Expenses: Rent Only, Utilities - Electric, Utilities - Gas

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2020
Closed on
Nov 19, 2020
Sold by
Bought by
Seller's Agent
Johnson Hormoz
Bethia Realty and Finance
Buyer's Agent
Lisa Lyford
Nick Sadek Sotheby's Intl.
List Price
$519,000
Sold Price
$519,000
Current Estimated Value
$632,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,239
Avg. Annual Appreciation
3.52%
Original Mortgage
$415,200
Outstanding Balance
$361,802
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$270,437

Purchase Details

Closed on
Mar 17, 2016
Sold by
Bought by

Purchase Details

Closed on
Mar 29, 2015
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
3.72%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Nov 29, 2012
Closed on
Jul 17, 2013
Sold by
Bought by
Seller's Agent
Linda Dhillon
Century 21 Select Real Estate
Buyer's Agent
Johnson Hormoz
Simermeet Singh, Broker
List Price
$350,000
Sold Price
$270,000
Premium/Discount to List
-$80,000
-22.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.72%
Original Mortgage
$189,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 29, 2012
Closed on
Jul 16, 2013
Sold by
Bought by
Seller's Agent
Linda Dhillon
Century 21 Select Real Estate
Buyer's Agent
Johnson Hormoz
Simermeet Singh, Broker
List Price
$350,000
Sold Price
$270,000
Premium/Discount to List
-$80,000
-22.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 2, 2010
Sold by
Bought by

Purchase Details

Closed on
Jul 22, 2009
Sold by
Bought by

Purchase Details

Closed on
Sep 23, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,550
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 11, 1998
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Tahoe Park South, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Chicago Title
$519,000 Chicago Title Company
-- Chicago Title Company
$330,000 Chicago Title Company
$270,000 North American Title Co Inc
-- North American Title Co Inc
$200,000 Chicago Title Company
$145,100 None Available
-- Fidelity National Title Co
$100,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $415,200
Previous Owner $255,000
Previous Owner $189,000
Previous Owner $48,550
Previous Owner $350,000
Previous Owner $230,550
Previous Owner $189,729
Previous Owner $14,053
Previous Owner $25,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/04/2020 12/04/20 Sold $519,000 0.0% $250 / Sq Ft
10/20/2020 10/20/20 Pending -- -- --
09/01/2020 09/01/20 For Sale $519,000 +92.2% $250 / Sq Ft
07/22/2013 07/22/13 Sold $270,000 -22.9% $216 / Sq Ft View Prior Sale
05/15/2013 05/15/13 Pending -- -- --
11/29/2012 11/29/12 For Sale $350,000 -- $280 / Sq Ft
Source: MLSListings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $6,735 $573,013 $132,487 $440,526
2025 $6,735 $561,779 $129,890 $431,889
2024 $6,668 $550,765 $127,344 $423,421
2023 $6,509 $539,967 $124,848 $415,119
2022 $6,398 $529,380 $122,400 $406,980
2021 $6,095 $519,000 $120,000 $399,000
2020 $4,361 $357,201 $135,304 $221,897
2019 $4,269 $350,198 $132,651 $217,547
2018 $4,158 $343,332 $130,050 $213,282
2017 $4,098 $336,600 $127,500 $209,100
2016 $3,420 $279,592 $62,131 $217,461
2015 $3,368 $275,393 $61,198 $214,195
2014 $3,280 $270,000 $60,000 $210,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81808710

MLSListings

APN: 021-0066-031

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