NOT LISTED FOR SALE
4 Beds
2 Baths
2,186 Sq Ft
7,841 Sq Ft Lot

Last Sold April 23, 2021

Last sale price $510,000 $233 Per Sq Ft

43 Days on Market

Highlights

  • No HOA
  • Storage
  • 1-Story Property
  • Patio
  • Northeast Facing Home

About This Home

As of April 2021

Attention investors! This is a great opportunity to invest or expand your investment portfolio! This property offers two wonderful houses on one lot in the charming, sought-after Tahoe Park neighborhood. Both 2-bedroom, 1-bathroom houses have been remodeled and have newer kitchen appliances that remain with the units. Both houses also have attached garages, sizable backyards, and street/neighborhood views. One house also offers an office nook. The current renters have recently renewed their leases (18-month, 24-month) and have been optimal tenants over the last year. The current leases have positive cash flow, a strong cap rate, and the property has a lot of short-term and long-term upside! The prime location offers a short commute to Downtown Sacramento, medical facilities, Sac State, and more!

Last Agent to Sell the Property

Kendra Bishop

Coldwell Banker Realty License #01362018 Listed on: 02/04/2021

Coldwell Banker Realty

Co-Listed By

Holly Ware

Realty ONE Group Complete License #02057800

Last Buyer's Agent

Nancy Pearson

Pearson Realty License #01318128

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940 | Remodeled

Lot Details

  • 7,841 Sq Ft Lot
  • Northeast Facing Home

Parking

  • 4 Open Parking Spaces
  • 2 Car Garage

Home Design

  • Raised Foundation

Interior Spaces

  • 2,186 Sq Ft Home
  • 1-Story Property
  • Storage

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Community Details

  • No Home Owners Association
  • Squier Tract Subdivision

Listing and Financial Details

  • Assessor Parcel Number 021-0077-003-0000

Home Details

Home Type

Single Family

Year Built

Built in 1940 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Subtype Description: Detached
  • Property Subtype 1: 2 Houses on Lot
  • Remodeled Updated: Yes
  • Year Built: 1940
  • Architectural Style: Ranch,Cottage
  • Levels: One
  • Stories: 1
  • Subdivision: Squier Tract
  • Remodeled/Updated Desc: Bath 0-5YR,Kitchen 0-5YR,Bath 6-10YR,Kitchen 6-10YR
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Free Standing Refrigerator,Gas Water Heater,Dishwasher,Disposal,Microwave,Plumbed For Ice Maker,Free Standing Electric Range
  • Interior Amenities: Storage Area(s)
  • Flooring: Carpet,Laminate
  • Bathroom Features: Fiberglass,Low-Flow Shower(s),Low-Flow Toilet(s),Window,Quartz
  • Bathrooms: 2.00
  • Dining Room Features: Space in Kitchen,Dining/Living Combo
  • Kitchen Features: Breakfast Area,Quartz Counter,Synthetic Counter
  • Living Room Features: Other
  • Room Type: Baths Other,Office,Kitchen,Living Room
  • Main Level: Bedroom(s),Living Room,Full Bath(s),Garage,Kitchen
  • Price Per Square Foot: 233.30
  • Square Footage: 2186
  • Window Features: Dual Pane Full,Window Coverings,Window Screens

Exterior Features

  • Construction Materials: Brick,Stucco,Frame
  • Property Faces: Northeast
  • Disclosures/Documents: TDS Available,Estoppel Certificate,Water Agreement,Lead Hazard Disclosure,Natural Hazard Disclosure Available,Preliminary Title Report,Rental/Lease Agreement
  • Fencing: Back Yard,Wood,Full
  • Foundation: Raised
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 525000.00
  • Lot Features: Manual Sprinkler Front,Corner,Curb(s),Curb(s)/Gutter(s),See Remarks,Other,Low Maintenance
  • Patio And Porch Features: Uncovered Patio
  • Pool: No
  • Property Condition: Updated/Remodeled
  • Road Surface Type: Paved
  • Roof: Shingle,Composition
  • Spa: No
  • View Description: Other
  • Land Use: Residential
  • Second Unit Bedrooms: 2
  • Second Unit Estimated Sq Ft: 912
  • Second Unit Full Bathrooms: 1
  • Second Unit Kitchen: Yes

Garage/Parking

  • Open Parking Spaces: 4
  • Garage Spaces: 2
  • Parking Features: Attached,Garage Door Opener,Garage Facing Front,Guest Parking Available
  • Driveway/Sidewalks: Paved Sidewalk,Paved Driveway

Utilities

  • Security: Carbon Mon Detector,Double Strapped Water Heater,Fire Extinguisher
  • Sewer: Public Sewer
  • Utilities: All Public,Cable Connected,Internet Available,Natural Gas Connected
  • Cooling: Ceiling Fan(s),Central
  • Electric: 220 Volts in Kitchen,220 Volts in Laundry
  • Heating: Central,Gas,Natural Gas
  • Laundry Features: Electric,Hookups Only,In Garage
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Yes
  • Senior Community: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: R-1
  • Irrigation: None
  • Lot Size Acres: 0.1800
  • Lot Dimensions: 79x112x45x29x26x71
  • Lot Size Sq Ft: 7841

Rental Info

  • Current Rent: 2975

Tax Info

  • Assessor Parcel Number: 021-0077-003-0000
  • Bonds/Assessments/Taxes Description: Local Assessments
  • Bonds/Assessments/Taxes: Yes

Multi Family

  • Unit 2 Partial Bathrooms: 0
  • Unit 2 Description: cottage
  • Unit 2 Occupied: Yes
  • Unit 2 Rents For: 1300
  • Unit 2 Type: Detached

MLS Schools

  • School District (County): Sacramento

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2021 04/23/21 Sold $510,000 -11.3% $233 / Sq Ft
03/19/2021 03/19/21 Pending -- -- --
02/26/2021 02/26/21 For Sale -- -- --
02/04/2021 02/04/21 Pending -- -- --
02/04/2021 02/04/21 For Sale $575,000 +113.8% $263 / Sq Ft
07/19/2013 07/19/13 Sold $269,000 -10.0% $295 / Sq Ft
05/22/2013 05/22/13 Pending -- -- --
01/07/2013 01/07/13 For Sale $299,000 -- $328 / Sq Ft
Source: MetroList

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 221001235

MetroList

APN: 021-0077-003