NOT LISTED FOR SALE

Estimated Value: $549,997 - $617,000

3 Beds
2 Baths
1,800 Sq Ft
$327/Sq Ft Est. Value

Last Sold January 21, 2021

Last sale price $495,000 $275 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,689/month

4 Days on Market

Highlights

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

About This Home

As of January 2021

Look no further! An amazing opportunity to own an income-producing property is finally here. Each side is a 2 bedroom, 1 bath, 900sqft unit. The left side unit just had a brand new shed out in the back for extra storage. The current tenant is paying $1600 a month which is more than HALF of your mortgage. Perfect for an investor or someone looking to live for cheap, both units were fully remodeled in 2018 and ready to go! Located just 15 minutes from Downtown Sacramento, the American River, fine dining, shopping and more, this is the most unique property on the market at this price point! Come see it today!

Last Agent to Sell the Property

Brett Freer

eXp Realty of California Inc. License #02029074 Listed on: 12/18/2020

eXp Realty of California Inc.

Last Buyer's Agent

Christi Durflinger

NEXTHOME TOWN & COUNTRY License #01399829

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,254

Year Built

  • Built in 1963

Lot Details

  • 8,063 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Double Pane Windows
  • Laminate Flooring

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • High Speed Internet

Listing and Financial Details

  • Tenant pays for rent only
  • Assessor Parcel Number 204-0405-005-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Leased Unit
  • 1 Vacant Unit
  • 1 Unit Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,254

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1963
  • Architectural Style: A-Frame,Traditional
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2018

Interior Features

  • Appliances: Dishwasher,Disposal,Electric Cook Top,Free Standing Electric Oven,Free Standing Refrigerator,Insulated Water Heater
  • Flooring: Laminate
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Ceiling Insulation,Stucco,Wall Insulation,Wood
  • Disclosures/Documents: CC&Rs,None
  • Foundation: Raised, Slab
  • Listing Price: 474900.00
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage,Guest Parking Available,1 Space Per Unit

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Internet Available
  • Cooling: Central
  • Electric: 220 Volts
  • Heating: Central
  • Laundry Features: Washer/Dryer
  • Water Source: Meter Available,Meter on Site,Public

Condo/Co-op/Association

  • Association Features: Extra Storage
  • Association: No

Schools

  • Senior High School District: San Juan Unified

Lot Info

  • Zoning Description: RES
  • Lot Size Acres: 0.1851
  • Lot Size Sq Ft: 8063

Rental Info

  • Tenant Pays: Rent Only
  • Total # Leasable: 2

Multi Family

  • Gross Income: 38400
  • Income Includes: Rent Only
  • Existing Lease Type: See Remarks
  • Number of Leased Units: 1
  • Number of Month to Month Units: 1
  • Number of Units: 2
  • Number of Vacant Units: 1
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 204-0405-005-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2020
Closed on
Jan 15, 2021
Sold by
Konrad Kisa
Bought by
Wiseman Kevin
Seller's Agent
Brett Freer
eXp Realty of California Inc.
Buyer's Agent
Christi Durflinger
NEXTHOME TOWN & COUNTRY
List Price
$474,900
Sold Price
$495,000
Premium/Discount to List
$20,100
4.23%
Current Estimated Value
$578,610

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,610
Avg. Annual Appreciation
3.86%
Original Mortgage
$503,185
Outstanding Balance
$451,146
Interest Rate
2.71%
Mortgage Type
VA
Estimated Equity
$137,103

Purchase Details

Closed on
Feb 20, 2019
Sold by
Burleson Robert M and Burleson Nadia M
Bought by
Martin Ronald D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$423,530
Interest Rate
4.4%
Mortgage Type
VA

Purchase Details

Closed on
Sep 5, 2018
Sold by
Sum Investments Group Inc
Bought by
Burleson Robert M and Burleson Nadia M

Purchase Details

Listed on
Apr 20, 2018
Closed on
May 1, 2018
Sold by
Estate Of Christine Ann Ingram
Bought by
Sum Investment Group Inc
Seller's Agent
Gayle Welsh
Windermere Signature Properties Sierra Oaks
Buyer's Agent
Moti Pal
Intero Real Estate Services
List Price
$260,000
Sold Price
$281,500
Premium/Discount to List
$21,500
8.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.64%
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
Wiseman Kevin -- Fidelity National Title
Wiseman Kevin $495,000 Fidelity National Title
Martin Ronald D $410,000 First American Title Company
Burleson Robert M $410,000 First American Title Company
Sum Investment Group Inc $281,500 Placer Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wiseman Kevin $503,185
Previous Owner Martin Ronald D $428,755
Previous Owner Martin Ronald D $423,530
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2021 01/21/21 Sold $495,000 +4.2% $275 / Sq Ft
12/22/2020 12/22/20 Pending -- -- --
12/18/2020 12/18/20 For Sale $474,900 +68.7% $264 / Sq Ft
05/02/2018 05/02/18 Sold $281,500 +8.3% $159 / Sq Ft
04/22/2018 04/22/18 Pending -- -- --
04/19/2018 04/19/18 For Sale $260,000 -- $147 / 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 $6,254 $535,802 $119,066 $416,736
2024 $6,254 $525,297 $116,732 $408,565
2023 $6,094 $514,998 $114,444 $400,554
2022 $6,060 $504,900 $112,200 $392,700
2021 $5,164 $422,531 $108,209 $314,322
2020 $5,068 $418,200 $107,100 $311,100
2019 $4,967 $410,000 $105,000 $305,000
2018 $767 $60,282 $11,826 $48,456
2017 $674 $59,101 $11,595 $47,506
2016 $630 $57,943 $11,368 $46,575
2015 $619 $57,074 $11,198 $45,876
2014 $605 $55,963 $10,982 $44,981
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 20073995

MetroList

APN: 204-0405-005