NOT LISTED FOR SALE

Estimated Value: $884,000 - $983,830

4 Beds
4 Baths
2,500 Sq Ft
$379/Sq Ft Est. Value

Sale Details

Date Sold: March 9, 2022

Last sale price $925,000 $370 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $5,923 / mo

137 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Ceiling Fan
  • Victorian Architecture
  • Landscaped
  • Lap Siding

About This Home

As of March 2022

All four units are vacant, so this is a great Owner/Tenant opportunity. This turn of the century Victorian 4-plex is beaming with pride of ownership. Recently painted, clear pest report and sewer repairs complete! Includes 2 spacious one bedroom apartments and 2 compact one bedroom apartments, big sunny windows, period details, a shared backyard, and decks. Two units have laundry and all four have ceiling fans, wall heat and multiple window air units. The location is superb with tons of exciting dining and shopping options just outside the front door along tree lined streets. Easy access to transit, bike trails, dog parks, Target, Safeway, and all major freeways. These units rent as soon as one becomes available. With a Cap Rate of 4.6% and GRM of 13.8.

Last Agent to Sell the Property

Luis Sumpter

Better Homes and Gardens RE License #01256900 Listed on: 09/23/2021

Better Homes and Gardens RE

Last Buyer's Agent

Patrick Stelmach

CBRE Inc. License #01964999

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,345

Year Built

  • Built in 1878

Lot Details

  • 3,049 Sq Ft Lot
  • Landscaped

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Victorian Architecture
  • Brick Foundation
  • Frame Construction
  • Lap Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan

Flooring

  • Wood
  • Carpet
  • Vinyl

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Window Unit Cooling System
  • Wall Furnace
  • 220 Volts
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 003-0174-002-0000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Vacant Units
  • Insurance Expense $1,400
  • Maintenance Expense $1,200
  • Operating Expense $7,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,345

Year Built

Built in 1878

Lot Details

3,049 Sq Ft Lot

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Apartments
  • Property Subtype 1: Quadruplex
  • Stories: 2
  • Year Built: 1878
  • Architectural Style: Victorian
  • Stories: 2
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl, Wood
  • Price Per Square Foot: 345.41

Exterior Features

  • Construction Materials: Frame, Lap Siding
  • Disclosures/Documents: Disclosure Package Available, Home Inspection Report, Natural Hazard Disclosure Available, Pest Certification Available, Pest Control Report Clear, Preliminary Title Report, Seller Property Questionnaire, Structural Pest Control Report, Transfer Disclosure Statement
  • Foundation: BrickMortar
  • Listing Price: 979000.00
  • Lot Features: Shape Regular, Curbs/Gutters, Landscape Back, Landscape Front

Garage/Parking

  • Parking Features: Street

Utilities

  • Security: Carbon Mon Detector, Smoke Detector
  • Sewer: In & Connected
  • Utilities: Natural Gas Connected, Cable Available, Cable Connected
  • Cooling: Ceiling Fan(s), Window Unit(s), Varies by Unit
  • Electric: 220 Volts
  • Heating: Gas, Wall Furnace, Varies by Unit
  • Laundry Features: Varies by Unit
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: R3A
  • Irrigation: Public District, Meter on Site
  • Lot Size Acres: 0.0700
  • Lot Dimensions: SA
  • Lot Size Sq Ft: 3049.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas
  • Lease Term: Month To Month
  • Owner Occupied Units: 4
  • Total # Leasable: 4

Multi Family

  • Operating Expense: 7400
  • Income Includes: Rent Only
  • Insurance Expense: 1400
  • Maintenance Expense: 1200
  • Number of Units: 4
  • Number of Vacant Units: 4
  • Gross Income Multiplier: 18.300

Tax Info

  • Assessor Parcel Number: 003-0174-002-0000
  • Current RE Taxes: 6345
  • Bonds/Assessments/Taxes Description: 1911,Transfer Tax County,1915,Transfer Tax City
  • Bonds/Assessments/Taxes: Yes

MLS Schools

  • School District (County): Sacramento

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2021
Closed on
Mar 3, 2022
Sold by
Bought by
Seller's Agent
Luis Sumpter
Better Homes and Gardens RE
Buyer's Agent
Patrick Stelmach
CBRE Inc.
Sold Price
$925,000
Current Estimated Value
$917,168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,832
Avg. Annual Appreciation
0.54%
Original Mortgage
$734,250
Interest Rate
0.0392%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 12, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
0.0265%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 21, 2012
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
0.0335%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 9, 2006
Sold by
Bought by

Purchase Details

Closed on
Aug 27, 2004
Sold by
Bought by

Purchase Details

Closed on
Jun 20, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,200
Interest Rate
0.0867%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 16, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,200
Interest Rate
0.0867%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 16, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,800
Interest Rate
0.0705%

Purchase Details

Closed on
May 29, 1996
Sold by
Bought by

Purchase Details

Closed on
Feb 23, 1996
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$925,000 First American Title
-- First American Title Company
-- Service Link
-- --
-- --
-- --
-- --
$173,500 Financial Title Company
$62,000 First American Title Ins Co
$75,000 First American Title Ins Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $734,250
Closed $200,000
Closed $190,000
Closed $100,000
Closed $154,000
Closed $28,200
Closed $164,800
Closed $136,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/09/2022 03/09/22 Sold $925,000 0.0% $370 / Sq Ft
02/07/2022 02/07/22 Pending -- -- --
01/21/2022 01/21/22 For Sale -- -- --
11/14/2021 11/14/21 Pending -- -- --
10/22/2021 10/22/21 For Sale -- -- --
10/16/2021 10/16/21 Off Market $925,000 -- --
10/01/2021 10/01/21 Pending -- -- --
09/23/2021 09/23/21 For Sale $969,000 -- $388 / Sq Ft
Source: MetroList

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $11,625 $981,616 $371,422 $610,194
2024 $11,625 $962,370 $364,140 $598,230
2023 $11,352 $943,500 $357,000 $586,500
2022 $6,606 $529,136 $184,292 $344,844
2021 $6,299 $518,762 $180,679 $338,083
2020 $6,345 $513,444 $178,827 $334,617
2019 $6,212 $503,377 $175,321 $328,056
2018 $6,052 $493,508 $171,884 $321,624
2017 $5,968 $483,832 $168,514 $315,318
2016 $5,778 $474,346 $165,210 $309,136
2015 $5,693 $467,222 $162,729 $304,493
2014 $5,544 $458,071 $159,542 $298,529
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 221122104

MetroList

APN: 003-0174-002

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