NOT LISTED FOR SALE

Estimated Value: $377,000 - $585,000

4 Beds
2 Baths
1,490 Sq Ft
$311/Sq Ft Est. Value

Last Sold February 05, 2013

Last sale price $150,500 $101 Per Sq Ft

Est. 208% increase in value since last sale

Current estimated payment $2,703/month

42 Days on Market

Highlights

  • No HOA
  • Double Pane Windows
  • 1-Story Property

About This Home

As of February 2013

Great Investment Property. Both sides of duplex are occupied which produce positive cash flow. Property in nice location close to freeway, parks and schools which make it a great rental. Units have laminate floors, dual pane windows and fenced yard.

Last Agent to Sell the Property

Sean Work

eXp Realty of California, Inc. License #01467712 Listed on: 11/21/2012

eXp Realty of California, Inc.

Last Buyer's Agent

Tina Tran

Capital Home Finance License #01499337

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,375

Year Built

  • Built in 1958

Lot Details

  • 5,663

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Double Pane Windows

Additional Features

  • 5,663 Sq Ft Lot
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable tv electricity gas rent only
  • Assessor Parcel Number 023-0262-014-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Colonial Village Subdivision

Building Details

  • 2 Leased Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,375

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1958
  • Architectural Style: Ranch
  • Stories: 1
  • Subdivision: Colonial Village
  • Number of Two Bedroom Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher,Disposal,Free Standing Electric Oven,Free Standing Electric Range
  • Flooring: Carpet,Laminate,Tile,Wood,Varies by Unit
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Frame,Stucco
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,None
  • Listing Price: 149500.00
  • Roof: Composition

Garage/Parking

  • Parking Features: Garage,1 Space Per Unit

Utilities

  • Utilities: Cable Available
  • Cooling: Ceiling Fan(s),See Remarks
  • Heating: See Remarks

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: R-1
  • Lot Size Acres: 0.1300
  • Lot Dimensions: 0x0
  • Lot Size Sq Ft: 5663

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas,Rent Only

Multi Family

  • Gross Income: 20100
  • Income Includes: Rent Only
  • Number of Leased Units: 2
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 023-0262-014-0000

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2012
Closed on
Feb 1, 2013
Sold by
Zaslove Michael and Assad Bassam
Bought by
Nguyen Minh Tan
Seller's Agent
Sean Work
eXp Realty of California, Inc.
Buyer's Agent
Tina Tran
Capital Home Finance
List Price
$149,500
Sold Price
$150,500
Premium/Discount to List
$1,000
0.67%
Current Estimated Value
$463,298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$312,798
Avg. Annual Appreciation
9.67%
Original Mortgage
$112,875
Outstanding Balance
$23,659
Interest Rate
3.33%
Mortgage Type
New Conventional
Estimated Equity
$458,127

Purchase Details

Listed on
Nov 21, 2012
Closed on
Jan 30, 2013
Sold by
Nguyen Van
Bought by
Nguyen Minh Tan
Seller's Agent
Sean Work
eXp Realty of California, Inc.
Buyer's Agent
Tina Tran
Capital Home Finance
List Price
$149,500
Sold Price
$150,500
Premium/Discount to List
$1,000
0.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,875
Outstanding Balance
$23,659
Interest Rate
3.33%
Mortgage Type
New Conventional
Estimated Equity
$458,127

Purchase Details

Closed on
Aug 5, 2010
Sold by
Assad Leticia
Bought by
Assad Bassam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,750
Interest Rate
4.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2010
Sold by
The Bank Of New York Mellon
Bought by
Zaslove Michael and Assad Bassam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,750
Interest Rate
4.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2009
Sold by
Ramos Cesar and Ramos Ruth
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Jul 22, 2005
Sold by
Correa Victor S
Bought by
Ramos Cesar and Ramos Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
1.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 12, 2005
Sold by
Rio Bonito Llc
Bought by
Correa Victor S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
1.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jan 25, 2005
Sold by
Correa Victor S
Bought by
Rio Bonito Llc

Purchase Details

Closed on
Jul 19, 2002
Sold by
Hrncic Sead and Hrnic Sead
Bought by
Correa Victor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,500
Interest Rate
8.5%

Purchase Details

Closed on
Mar 8, 2002
Sold by
Magistrelli Victor and Magistrelli Peter Altmann
Bought by
Hrnic Sead

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
6.99%
Source: Public Records

Range of Values:

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Average Value
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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
Nguyen Minh Tan $150,500 Placer Title Company
Nguyen Minh Tan -- Placer Title Company
Assad Bassam -- Landsafe Title
Zaslove Michael -- Landsafe Title
Zaslove Michael $122,000 Landsafe Title
The Bank Of New York Mellon $123,250 Landsafe Title
Ramos Cesar $375,000 California Title Company Of
Correa Victor S -- California Title Company Of
Rio Bonito Llc -- --
Correa Victor $190,000 Financial Title Company
Hrnic Sead $120,000 Financial Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen Minh Tan $112,875
Previous Owner Zaslove Michael $78,750
Previous Owner Ramos Cesar $300,000
Previous Owner Correa Victor $281,600
Previous Owner Correa Victor $161,500
Previous Owner Hrnic Sead $108,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2013 02/05/13 Sold $150,500 +0.7% $101 / Sq Ft
01/02/2013 01/02/13 Pending -- -- --
11/21/2012 11/21/12 For Sale $149,500 -- $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 $2,375 $185,315 $30,779 $154,536
2024 $2,375 $181,682 $30,176 $151,506
2023 $2,318 $178,121 $29,585 $148,536
2022 $2,277 $174,629 $29,005 $145,624
2021 $2,173 $171,206 $28,437 $142,769
2020 $2,186 $169,452 $28,146 $141,306
2019 $2,141 $166,131 $27,595 $138,536
2018 $2,085 $162,874 $27,054 $135,820
2017 $2,055 $159,681 $26,524 $133,157
2016 $2,010 $156,551 $26,004 $130,547
2015 $1,979 $154,201 $25,614 $128,587
2014 $1,929 $151,182 $25,113 $126,069
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 12069035

MetroList

APN: 023-0262-014