NOT LISTED FOR SALE

Estimated Value: $515,254 - $933,000

8 Beds
4 Baths
3,200 Sq Ft
$224/Sq Ft Est. Value

Last Sold July 19, 2013

Last sale price $236,000 $74 Per Sq Ft

Est. 204% increase in value since last sale

Current estimated payment $4,124/month

20 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 5-minute walk to Steve Jones Park

About This Home

As of July 2013

Great opportunity for Cash flows! All units are occupied and property sold in present conditions!

Last Agent to Sell the Property

Roberto Soto

365 Real Estate Services License #01173409 Listed on: 06/03/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,989

Year Built

  • Built in 1987

Lot Details

  • 5,663

Home Design

  • Quadruplex
  • Composition Roof

Additional Features

  • 2-Story Property
  • 5,663 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for rent only
  • Assessor Parcel Number 048-0232-005-0000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,989

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1987
  • Stories: 2
  • Number of Two Bedroom Units: 4
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: See Remarks
  • Other Equipment: None
  • Flooring: Carpet,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Frame,Wood
  • Disclosures/Documents: CC&Rs,See Remarks
  • Listing Price: 240000.00
  • Roof: Composition

Garage/Parking

  • Parking Features: 1 Space Per Unit

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: R-3
  • Lot Size Acres: 0.1300
  • Lot Size Sq Ft: 5663

Rental Info

  • Tenant Pays: Rent Only

Multi Family

  • Gross Income: 28560
  • Income Includes: Rent Only
  • Existing Lease Type: See Remarks
  • Number of Leased Units: 4
  • Number of Month to Month Units: 4
  • Number of Units: 4
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 048-0232-005-0000

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 25, 2015
Sold by
Sreerama Mahendra and Penumudy Sridevi
Bought by
Sreerama Family Revocable Trust
Current Estimated Value
$718,064

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2015
Sold by
Sreerama Mahendra and Penumudy Sridevi
Bought by
Sreerama Mahendra and Penumudy Sridevi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 2015
Sold by
Sreerama Mahendra and Penumudy Sridevi
Bought by
Sreerama Mahendra and Penumudy Sridevi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2014
Sold by
Sreerama Mahendra and Penumudy Sridevi
Bought by
Sreerama Mahendra and Penumudy Sridevi

Purchase Details

Listed on
Jun 3, 2013
Closed on
Jul 8, 2013
Sold by
Agustin Melanie L and Agustin Arnel T
Bought by
Sreerama Mahendra and Penumudy Sridevi
Seller's Agent
Roberto Soto
365 Real Estate Services
List Price
$240,000
Sold Price
$236,000
Premium/Discount to List
-$4,000
-1.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.57%
Original Mortgage
$177,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 31, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Agustin Melanie L and Agustin Arnel T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,250
Interest Rate
5.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 6, 2009
Sold by
Paulo Marlon B and Paulo Jesly J
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Jul 23, 2004
Sold by
Lo Feng and Vang Yer
Bought by
Paulo Marlon B and Paulo Jesly J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 31, 2002
Sold by
Lo Feng
Bought by
Lo Feng and Vang Yer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.15%

Purchase Details

Closed on
Jun 9, 2000
Sold by
Sullen Roosevelt and Sullen Anjetter
Bought by
Lo Feng

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
8.27%
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
Sreerama Family Revocable Trust -- First American Title Company
Sreerama Mahendra -- First American Title Company
Sreerama Mahendra -- First American Title Company
Sreerama Mahendra -- First American Title Company
Sreerama Mahendra -- None Available
Sreerama Mahendra $236,000 Orange Coast Title Company O
Agustin Melanie L $139,000 Lsi Title Agency
Deutsche Bank National Trust Company $424,188 None Available
Paulo Marlon B $440,000 Alliance Title Company
Lo Feng -- Commonwealth Land Title Co
Lo Feng $110,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sreerama Mahendra $166,000
Closed Sreerama Mahendra $171,000
Closed Sreerama Mahendra $173,000
Closed Sreerama Mahendra $177,000
Previous Owner Agustin Melanie L $104,250
Previous Owner Paulo Marlon B $412,500
Previous Owner Paulo Marlon B $50,000
Previous Owner Paulo Marlon B $330,000
Previous Owner Lo Feng $236,250
Previous Owner Lo Feng $200,000
Previous Owner Lo Feng $120,000
Previous Owner Lo Feng $99,000
Previous Owner Lo Feng $99,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2013 07/19/13 Sold $236,000 -1.7% $74 / Sq Ft
06/20/2013 06/20/13 Pending -- -- --
05/31/2013 05/31/13 For Sale $240,000 -- $75 / 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 $3,989 $289,290 $85,804 $203,486
2024 $3,989 $283,619 $84,122 $199,497
2023 $3,880 $278,059 $82,473 $195,586
2022 $3,841 $272,607 $80,856 $191,751
2021 $3,656 $267,263 $79,271 $187,992
2020 $3,664 $264,524 $78,459 $186,065
2019 $3,590 $259,338 $76,921 $182,417
2018 $3,497 $254,254 $75,413 $178,841
2017 $3,437 $249,270 $73,935 $175,335
2016 $3,297 $244,384 $72,486 $171,898
2015 $3,235 $240,714 $71,398 $169,316
2014 $3,171 $236,000 $70,000 $166,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 13030810

MetroList

APN: 048-0232-005