NOT LISTED FOR SALE

Estimated Value: $709,000 - $793,542

5 Beds
4 Baths
2,622 Sq Ft
$290/Sq Ft Est. Value

Last Sold June 05, 2018

Last sale price $540,000 $206 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $4,846/month

13 Days on Market

Highlights

  • Contemporary Architecture
  • No HOA
  • 2 Car Garage
  • Property is near public transit
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of June 2018

Excellent opportunity to own a duplex in a desirable rental/residential neighborhood. 6815 Wavecrest Way is a 3BD/2BA (approx 1,665 sq ft) & 6821 Gloria Drive is a 2BD/2BA (approx 957 sq ft). Both are open great room concept featuring beamed ceiling, floor to ceiling stone faced FRPLC, large dining areas, CH&A, patio, lawn area & 2 car attached garages. Nice curb appeal & well maintained. Easy access to schools, shopping & freeway. See attached floorplan.

Last Agent to Sell the Property

Renee Catricala

Compass License #01077144 Listed on: 03/30/2018

Compass

Last Buyer's Agent

Lawrence Hemsley

Realty Point License #01802624

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,507

Lot Details

  • 8,638

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Contemporary Architecture
  • Composition Roof

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • 1-Story Property
  • 8,638 Sq Ft Lot
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 030-0630-059-0000

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

$7,507

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Architectural Style: Contemporary
  • Stories: 1
  • Year Built Details: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Electric Oven,Dishwasher,Disposal,Electric Cook Top
  • Flooring: Carpet,Tile,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Frame,Stucco,Wood
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,None
  • Listing Price: 535000.00
  • Patio And Porch Features: Covered Patio,Uncovered Patio
  • Roof: Composition

Garage/Parking

  • Covered Parking Spaces: 4
  • Garage Spaces: 2
  • Parking Features: Garage

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Utilities: Cable Available
  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: Public Trans Nearby
  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: R1
  • Lot Size Acres: 0.1983
  • Lot Size Sq Ft: 8638

Rental Info

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

Multi Family

  • Gross Income: 34800
  • Income Includes: Rent Only
  • Number of Month to Month Units: 2
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 030-0630-059-0000

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 15, 2019
Sold by
Arora Tarun
Bought by
Arora Tarun and Arora Shalini
Current Estimated Value
$760,386

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$394,500
Outstanding Balance
$350,288
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$409,527

Purchase Details

Closed on
Jan 11, 2019
Sold by
Arora Tarun and Arora Shalini
Bought by
Gloria Drive Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$394,500
Outstanding Balance
$350,288
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$409,527

Purchase Details

Listed on
Mar 30, 2018
Closed on
Jul 7, 2018
Sold by
Arora Tarun and Arora Shalini
Bought by
Gloria Drive Llc
Seller's Agent
Renee Catricala
Compass
Buyer's Agent
Lawrence Hemsley
Realty Point
List Price
$535,000
Sold Price
$540,000
Premium/Discount to List
$5,000
0.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.97%
Original Mortgage
$394,500
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 30, 2018
Closed on
May 14, 2018
Sold by
Chan Lily Fong and Wong Jeanne Fong
Bought by
Arora Tarun and Arora Shalini
Seller's Agent
Renee Catricala
Compass
Buyer's Agent
Lawrence Hemsley
Realty Point
List Price
$535,000
Sold Price
$540,000
Premium/Discount to List
$5,000
0.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$394,500
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2005
Sold by
Chang Jerry C and Chang Alice S
Bought by
Fong Jung L and Jung L Fong Revocable Trust

Purchase Details

Closed on
Jul 12, 2002
Sold by
Jeong Bennett C and Jeong Nancy Y
Bought by
Jeong Bennett C and Jeong Nancy Y

Purchase Details

Closed on
Nov 15, 1996
Sold by
Chang Jerry C and Chang Alice S
Bought by
Chang Jerry C and Chang Alice S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,000
Interest Rate
7.88%

Purchase Details

Closed on
Nov 14, 1996
Sold by
Chang Jerry C and Chang Alice S
Bought by
Chang Jerry C and Chang Alice S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,000
Interest Rate
7.88%
Source: Public Records

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Range of Values:

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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
Arora Tarun -- Chicago Title Company
Arora Tarun -- Chicago Title
Gloria Drive Llc -- Chicago Title Company
Arora Tarun -- Chicago Title Company
Gloria Drive Llc -- None Available
Arora Tarun $540,000 Fidelity National Title Comp
Fong Jung L $572,500 Financial Title Company
Jeong Bennett C -- --
Chang Jerry C -- --
Chang Jerry C -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arora Tarun $394,500
Previous Owner Arora Tarun $394,500
Previous Owner Chang Jerry C $280,000
Previous Owner Chang Jerry C $121,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2018 06/05/18 Sold $540,000 +0.9% $206 / Sq Ft
04/11/2018 04/11/18 Pending -- -- --
03/29/2018 03/29/18 For Sale $535,000 -- $204 / 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
2024 $7,507 $602,374 $180,711 $421,663
2023 $7,325 $590,564 $177,168 $413,396
2022 $7,217 $578,986 $173,695 $405,291
2021 $6,875 $567,635 $170,290 $397,345
2020 $6,924 $561,815 $168,544 $393,271
2019 $6,742 $550,800 $165,240 $385,560
2018 $6,596 $575,000 $130,000 $445,000
2017 $5,982 $481,500 $107,000 $374,500
2016 $7,250 $595,990 $148,865 $447,125
2015 $6,739 $551,843 $137,838 $414,005
2014 $6,508 $535,770 $133,823 $401,947
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 18018575

MetroList

APN: 030-0630-059