Edward Hutchison
All About Real Estate
(707) 309-7216
25 Total Sales
1 in Carmichael
$655,000 Price
6417 Miles Ln Carmichael, CA 95608
Carmichael Area
2
Beds
1
Bath
4,848
Sq Ft
0.34
Acre Lot
Highlights
- No HOA
- Central Heating and Cooling System
- Ceiling Fan
- 1-Story Property
About This Home
As of February 2025Don't Miss this meticulously renovated 6-unit rental property situated in Carmichael, conveniently bordering Fair Oaks. This property boasts not only its prime location but also its consistent cash flow, making it an enticing prospect for investors seeking a reliable income stream. With meticulous care taken in its maintenance, this property offers stability and potential for long-term returns. Don't miss out on this amazing opportunity to add a cash-flowing asset to your portfolio.
Last Agent to Sell the Property
1st Choice Realty & Associates License #01475046 Listed on: 01/06/2025
Last Buyer's Agent
1st Choice Realty & Associates License #01475046 Listed on: 01/06/2025
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,254
Year Built
- Built in 1973
Lot Details
- 14,810 Sq Ft Lot
Parking
- 2 Open Parking Spaces
- 4 Car Garage
- Off-Street Parking
Home Design
- Slab Foundation
Interior Spaces
- 4,848 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Laundry in unit
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Utilities
- Central Heating and Cooling System
- Water Heater
Listing and Financial Details
- Assessor Parcel Number 245-0222-025-0000
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 6 Units
Building Details
- 5 Leased Units
- 1 Vacant Unit
- 6 Units Leased Month-To-Month
- Net Lease
- Insurance Expense $3,235
- Professional Management Expense $7,200
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
Jan 6, 2025
Closed on
Feb 3, 2025
Sold by
George K Giobres Decedents Trust and Galitsopoulos Eleni
Bought by
Seller's Agent
Ruth Carter
1st Choice Realty & Associates
Buyer's Agent
Ruth Carter
1st Choice Realty & Associates
List Price
$175,000
Sold Price
$1,441,200
Premium/Discount to List
$1,266,200
723.54%
Views
9
Purchase Details
Closed on
Dec 15, 2014
Sold by
Dag & Kgg Ltd
Bought by
George K Giobres Decendents Trust
Purchase Details
Closed on
Aug 23, 2002
Sold by
Santilli Paul and Santilli Rhonda
Bought by
Giobres George K and Giobres Sandra D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,289
Interest Rate
6.29%
Mortgage Type
Commercial
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Carmichael, CA
-
Edward Hutchison
-
Kenneth Jamaca
Kenneth Jamaca
J Castle Group
(925) 489-0965
74 Total Sales
1 in Carmichael
$325,000 Price
-
Jeff LaFitte
Jeff LaFitte
Compass
(669) 298-0958
40 Total Sales
1 in Carmichael
$535,000 Price
-
Mark Lear
Mark Lear
WERE Real Estate Inc
(657) 223-8121
354 Total Sales
1 in Carmichael
$388,080 Price
-
Steve Vivaldi
Steve Vivaldi
Vivaldi Real Estate
(279) 529-6771
7 Total Sales
1 in Carmichael
$500,000 Price
-
Evan Koris
EK
Evan Koris
Midtown Realty Services, Inc.
(916) 892-0361
19 Total Sales
2 in Carmichael
$334K - $570K Price Range
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 |
|---|---|---|---|
| $1,441,500 | Orange Coast Title | ||
| George K Giobres Decendents Trust | -- | None Available | |
| Giobres George K | $450,000 | Financial Title Company |
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 |
|---|---|---|---|
| Previous Owner | $212,289 |
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 |
|---|---|---|---|---|
| 02/04/2025 02/04/25 | Sold | $1,441,200 | -3.9% | $297 / Sq Ft |
| 01/20/2025 01/20/25 | Pending | -- | -- | -- |
| 01/09/2025 01/09/25 | Price Changed | $1,499,000 | -14.3% | $309 / Sq Ft |
| 01/07/2025 01/07/25 | Price Changed | $1,750,000 | +900.0% | $361 / Sq Ft |
| 01/06/2025 01/06/25 | For Sale | $175,000 | -- | $36 / Sq Ft |
Source: MetroList
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 | $13,573 | $1,470,024 | $204,000 | $1,266,024 |
| 2025 | $13,573 | $1,122,000 | $168,300 | $953,700 |
| 2024 | $13,286 | $1,100,000 | $165,000 | $935,000 |
| 2023 | $9,347 | $770,363 | $139,333 | $631,030 |
| 2022 | $9,161 | $755,258 | $136,601 | $618,657 |
| 2021 | $9,009 | $740,450 | $133,923 | $606,527 |
| 2020 | $8,840 | $732,858 | $132,550 | $600,308 |
| 2019 | $8,663 | $718,489 | $129,951 | $588,538 |
| 2018 | $8,563 | $704,402 | $127,403 | $576,999 |
| 2017 | $8,479 | $690,591 | $124,905 | $565,686 |
| 2016 | $7,919 | $677,051 | $122,456 | $554,595 |
| 2015 | $7,916 | $666,882 | $120,617 | $546,265 |
| 2014 | $7,753 | $653,820 | $118,255 | $535,565 |
Source: Public Records
Agents Affiliated with this Home
-
Ruth Carter
Seller's Agent in 2025
Ruth Carter
1st Choice Realty & Associates
(916) 968-1627
92 Total Sales
-
Masson Ekopak
Seller Co-Listing Agent in 2025
Masson Ekopak
1st Choice Realty & Associates
(916) 599-8653
22 Total Sales
-
Sonny Ekopak
SE
Buyer Co-Listing Agent in 2025
Sonny Ekopak
1st Choice Realty & Associates
(916) 710-1011
8 Total Sales
Map
Source: MetroList
MLS Number: 225001471
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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