NOT LISTED FOR SALE

Estimated Value: $596,170 - $633,000

5 Beds
3 Baths
2,261 Sq Ft
$269/Sq Ft Est. Value

Last Sold August 04, 2021

Last sale price $515,000 $228 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,826/month

4 Days on Market

Highlights

  • Contemporary Architecture
  • Fenced Yard
  • Ceiling Fan
  • No HOA
  • Central Heating and Cooling System
  • 2 Car Garage

About This Home

As of August 2021

TREMENDOUS OPPORTUNITY with this DUPLEX in Citrus Heights. 3/2 and 2/1 units each with single-car garage, on about 1/4 acre. Some updating. Huge backyards with plenty of room for entertaining and play. Well-maintained property w/long-term tenants. Tenants are month-to-month. Close to shopping, restaurants, schools, freeway and more.

Last Agent to Sell the Property

Dean Rinker

Keller Williams Realty EDH License #01300527 Listed on: 06/23/2021

Keller Williams Realty EDH

Last Buyer's Agent

Matthew Fortier

Real Broker License #02016119

Real Broker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,456

Year Built

  • Built in 1962 | Remodeled

Lot Details

  • 0.26 Acre Lot
  • Fenced Yard

Parking

  • 2 Car Garage
  • 2 Open Parking Spaces

Home Design

  • Duplex
  • Contemporary Architecture
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Window Treatments
  • Washer and Dryer Hookup

Kitchen

  • Free-Standing Gas Range
  • Dishwasher

Flooring

  • Carpet
  • Linoleum

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • Natural Gas Connected
  • Property is located within a water district
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 209-0312-002-0000

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

$6,456

Year Built

Built in 1962 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Subtype Description: Apartments
  • Property Subtype 1: Duplex
  • Stories: 2
  • Year Built: 1962
  • Architectural Style: Contemporary
  • Levels: Two
  • Number of Two Bedroom Units: 1
  • Number of Three Bedroom Units: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Range, Dishwasher, Varies By Unit
  • Flooring: Carpet, Linoleum
  • Price Per Square Foot: 227.78
  • Window Features: Window Coverings, Varies by Unit

Exterior Features

  • Construction Materials: Wood
  • Disclosures/Documents: Estoppel Certificate, Preliminary Title Report, Seller Property Questionnaire, Transfer Disclosure Statement
  • Exterior Features: Fenced Yard, Yard Space
  • Foundation: Raised
  • Listing Price: 499000.00
  • Lot Features: Shape Regular, Curbs/Gutters
  • Property Condition: Updated/Remodeled, Varies by Unit
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Garage
  • Total Parking Spaces: 4

Utilities

  • Security: Carbon Mon Detector, Smoke Detector
  • Sewer: Sewer Connected
  • Utilities: Natural Gas Connected, Cable Available
  • Cooling: Ceiling Fan(s), Central
  • Electric: 220 Volts
  • Heating: Central
  • Laundry Features: Washer/Dryer Hookups
  • Water Source: Water District, Meter on Site

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: San Juan Unified

Lot Info

  • Zoning Description: RD5
  • Irrigation: Public District, Irrigation Connected
  • Lot Size Acres: 0.2600
  • Lot Size Sq Ft: 11326

Rental Info

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

Multi Family

  • Gross Income: 26340
  • Income Includes: Rent Only
  • Number of Month to Month Units: 2
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 209-0312-002-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2021
Closed on
Jul 26, 2021
Sold by
Forst Michael J and Forst Diane M
Bought by
Asar Development Llc
Seller's Agent
Dean Rinker
Keller Williams Realty EDH
Buyer's Agent
Matthew Fortier
Real Broker
List Price
$499,000
Sold Price
$515,000
Premium/Discount to List
$16,000
3.21%
Current Estimated Value
$608,043

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,043
Avg. Annual Appreciation
4.30%
Original Mortgage
$309,000
Outstanding Balance
$281,582
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$330,223

Purchase Details

Closed on
Mar 18, 2005
Sold by
Forst Michael J and Forst Diane M
Bought by
Forst Michael J and Forst Diane 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
Asar Development Llc $515,000 Fidelity National Title Co
Forst Michael J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Asar Development Llc $309,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2021 08/04/21 Sold $515,000 +3.2% $228 / Sq Ft
06/27/2021 06/27/21 Pending -- -- --
06/23/2021 06/23/21 For Sale $499,000 -- $221 / 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 $6,456 $546,521 $116,732 $429,789
2024 $6,456 $535,806 $114,444 $421,362
2023 $6,292 $525,300 $112,200 $413,100
2022 $6,260 $515,000 $110,000 $405,000
2021 $3,019 $246,419 $42,474 $203,945
2020 $2,963 $243,893 $42,039 $201,854
2019 $2,904 $239,112 $41,215 $197,897
2018 $2,871 $234,424 $40,407 $194,017
2017 $2,843 $229,828 $39,615 $190,213
2016 $2,657 $225,323 $38,839 $186,484
2015 $2,612 $221,939 $38,256 $183,683
2014 $2,558 $217,592 $37,507 $180,085
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 221072043

MetroList

APN: 209-0312-002