NOT LISTED FOR SALE

6608 50th St Sacramento, CA 95823

Estimated Value: $366,000 - $532,000

4 Beds
2 Baths
1,600 Sq Ft
$279/Sq Ft Est. Value

Last Sold September 04, 2012

Last sale price $160,000 $100 Per Sq Ft

Est. 179% increase in value since last sale

Current estimated payment $2,611/month

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • Double Pane Windows

About This Home

As of September 2012

Perfect income opportunity. Recent remodel duplex.

Last Agent to Sell the Property

Wayne Niem

Wayne Niem Realty License #01375799 Listed on: 08/13/2012

Last Buyer's Agent

Wayne Niem

Wayne Niem Realty License #01375799 Listed on: 08/13/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,373

Year Built

  • Built in 1974

Lot Details

  • 6,621 Sq Ft Lot
  • Lot Dimensions: 6621

Parking

  • 1 Car Garage

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Double Pane Windows
  • Fire and Smoke Detector

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $900
  • Tenant pays for electricity grounds care
  • Assessor Parcel Number 039-0139-008-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Parkway Estate 17 Subdivision

Building Details

  • 2 Leased Units
  • 2 Units Leased Month-To-Month
  • Operating Expense $2,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,373

Year Built

Built in 1974

Lot Details

0

Parking

1

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1974
  • Architectural Style: Tract
  • Stories: 1
  • Subdivision: Parkway Estate 17
  • Number of One Bedroom Units: 2
  • Number of Two Bedroom Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Gas Range,Dishwasher
  • Flooring: Carpet,Tile
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Frame,Wood
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,Transfer Disclosure Statement
  • Listing Price: 159900.00
  • Patio And Porch Features: See Remarks
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: 1 Space Per Unit

Utilities

  • Security: Smoke Detector
  • Utilities: Cable Available,TV Antenna
  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: None,See Remarks
  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: Rd10
  • Lot Size Acres: 0.1520
  • Lot Dimensions: 6621
  • Lot Size Sq Ft: 6621

Rental Info

  • Tenant Pays: Electricity,Grounds Care
  • Total Deposit: 900
  • Total # Leasable: 2

Multi Family

  • Gross Income: 21600
  • Operating Expense: 2600
  • Income Includes: Rent Only
  • Number of Leased Units: 2
  • Number of Month to Month Units: 2
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 039-0139-008-0000

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 10, 2020
Sold by
Tricon Sfr 2020 2 Borrower Llc
Bought by
Tricon Sfr 2020 2 Borrower Llc
Current Estimated Value
$446,317

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$477,006,000
Outstanding Balance
$425,434,875
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
-$424,973,722

Purchase Details

Closed on
Oct 25, 2016
Sold by
29 Sac Incu Lp
Bought by
Tah 2016 1 Borrower Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$381,685
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 12, 2016
Sold by
29 Sac Holdings I Lp
Bought by
29 Sac Incu Lp

Purchase Details

Listed on
Aug 13, 2012
Closed on
Aug 23, 2012
Sold by
Luy Boris B and Luy Liz L
Bought by
29 Sac Holdings I Lp
Seller's Agent
Wayne Niem
Wayne Niem Realty
Buyer's Agent
Wayne Niem
Wayne Niem Realty
List Price
$159,900
Sold Price
$160,000
Premium/Discount to List
$100
0.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.46%

Purchase Details

Closed on
Oct 6, 2010
Sold by
50 Trust #6608
Bought by
Luy Boris B and Luy Liz L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Interest Rate
4.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 2010
Sold by
Gutierrez Lorena
Bought by
50 Trust #6608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Interest Rate
4.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 8, 2006
Sold by
Associated Properties
Bought by
Reeg Christeen M

Purchase Details

Closed on
Jul 12, 2006
Sold by
Gutierrez Lorena
Bought by
Gutierrez Antonio

Purchase Details

Closed on
Jan 12, 2005
Sold by
Gutierrez Lorena
Bought by
Gutierrez Lorena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
5.67%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Sep 3, 1999
Sold by
Norman B Storms Trust Of 1991 and Norman B
Bought by
Gutierrez Lorena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,863
Interest Rate
8.09%
Mortgage Type
FHA
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
Tricon Sfr 2020 2 Borrower Llc -- None Available
Tah 2016 1 Borrower Llc -- Fidelity National Title Grou
29 Sac Incu Lp -- None Available
29 Sac Holdings I Lp $320,000 First American Title Company
Luy Boris B $125,000 Stewart Title Of Sacramento
50 Trust #6608 $94,914 None Available
Reeg Christeen M -- North American Title Co
Gutierrez Antonio -- None Available
Gutierrez Antonio -- None Available
Gutierrez Lorena -- Commerce Title Company
Gutierrez Lorena -- Commerce Title Company
Gutierrez Lorena $89,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tricon Sfr 2020 2 Borrower Llc $477,006,000
Closed Tah 2016 1 Borrower Llc $381,685
Previous Owner 29 Sac Holdings 1 Lp $10,000,000
Previous Owner Luy Boris B $82,500
Previous Owner Gutierrez Lorena $245,000
Previous Owner Gutierrez Lorena $150,000
Previous Owner Gutierrez Lorena $96,000
Previous Owner Gutierrez Lorena $88,863
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2012 09/04/12 Sold $160,000 +0.1% $100 / Sq Ft
08/16/2012 08/16/12 Pending -- -- --
08/12/2012 08/12/12 For Sale $159,900 -- $100 / 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 $2,373 $197,015 $49,250 $147,765
2024 $2,373 $193,153 $48,285 $144,868
2023 $2,319 $189,367 $47,339 $142,028
2022 $2,282 $185,655 $46,411 $139,244
2021 $2,177 $182,015 $45,501 $136,514
2020 $2,196 $180,150 $45,035 $135,115
2019 $2,150 $176,618 $44,152 $132,466
2018 $2,096 $173,156 $43,287 $129,869
2017 $2,070 $169,762 $42,439 $127,323
2016 $1,988 $166,434 $41,607 $124,827
2015 $1,961 $163,935 $40,983 $122,952
2014 $1,908 $160,725 $40,181 $120,544
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 12050060

MetroList

APN: 039-0193-008