NOT LISTED FOR SALE

Estimated Value: $478,000 - $584,000

4 Beds
2 Baths
1,634 Sq Ft
$326/Sq Ft Est. Value

Last Sold September 14, 2021

Last sale price $460,000 $282 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,398/month

2 Days on Market

Highlights

  • 0.27 Acre Lot
  • Private Yard
  • Double Pane Windows
  • River City High Rated A-
  • No HOA
  • Bungalow

About This Home

As of September 2021

Investors take note! Revenue producing duplex listed under appraised value on residential street in West Sacramento with easy access to freeway and walkable to retail. Two units, each 2 bed/1 bath for a total of 1,634 square feet. Lot is large (.27 acres) and back unit has covered patio/garden area. Each unit has 1-car garage as well as additional off street parking. Average area rent is $1430/unit each month with renovated properties rent for $1695/unit. Seller has owned more than 40 years.

Last Agent to Sell the Property

Pettit Gilwee

Windermere Signature Properties Downtown License #01956019 Listed on: 08/18/2021

Windermere Signature Properties Downtown

Last Buyer's Agent

Pettit Gilwee

Windermere Signature Properties Downtown License #01956019 Listed on: 08/18/2021

Windermere Signature Properties Downtown

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,891

Year Built

  • Built in 1951

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions: 51
  • Few Trees
  • Private Yard

Parking

  • 2 Car Garage
  • 2 Open Parking Spaces

Home Design

  • Duplex
  • Bungalow
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Double Pane Windows
  • Free-Standing Gas Range
  • Laundry in unit

Flooring

  • Carpet
  • Tile

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 008-471-005-000

Community Details

Overview

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

Building Details

  • 2 Leased Units
  • 2 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,891

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: House(s)
  • Property Subtype 1: Duplex
  • Stories: 1
  • Year Built: 1951
  • Architectural Style: Bungalow, Ranch
  • Stories: 1
  • Subdivision: Westfield Village
  • Number of Two Bedroom Units: 2
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Range, Free Standing Refrigerator, Varies By Unit
  • Flooring: Carpet, Tile, Varies by Unit
  • Basement: None
  • Price Per Square Foot: 281.52
  • Window Features: Dual Pane Partial

Exterior Features

  • Construction Materials: Wood
  • Exterior Features: Yard Space
  • Foundation: Raised
  • Listing Price: 469000.00
  • Lot Features: Curbs/Gutters, Sidewalk
  • Roof: Composition
  • Topography: Trees Few

Garage/Parking

  • Open Parking Spaces: 2.00
  • Garage Spaces: 2.00
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 4.00

Utilities

  • Security: Carbon Mon Detector, Smoke Detector
  • Sewer: In & Connected, Public Sewer
  • Utilities: Internet Available
  • Cooling: Wall Unit(s)
  • Heating: Wall Furnace
  • Laundry Features: In Each Unit
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Washington Unified

Lot Info

  • Zoning Description: Res
  • Irrigation: None
  • Lot Size Acres: 0.2729
  • Lot Dimensions: 51 x 196 x 87 x 157
  • Lot Size Sq Ft: 11888.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Month To Month
  • Total # Leasable: 2

Multi Family

  • Gross Income: 24000
  • Income Includes: Rent Only
  • Number of Leased Units: 2
  • Number of Month to Month Units: 2
  • Number of Units: 2

Tax Info

  • Assessor Parcel Number: 008-471-005-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Yolo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2021
Closed on
Sep 10, 2021
Sold by
Tang John and Tang Catrina
Bought by
Tang Living Trust and Tang
Seller's Agent
Pettit Gilwee
Windermere Signature Properties Downtown
Buyer's Agent
Pettit Gilwee
Windermere Signature Properties Downtown
List Price
$469,000
Sold Price
$460,000
Premium/Discount to List
-$9,000
-1.92%
Current Estimated Value
$533,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,458
Avg. Annual Appreciation
4.03%
Original Mortgage
$335,000
Outstanding Balance
$306,151
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$231,349

Purchase Details

Closed on
Feb 1, 2021
Sold by
Schrader Raymond Elwood
Bought by
Schrader Stephen and The Schrader Family Living Tru

Purchase Details

Closed on
Mar 20, 2013
Sold by
Schrader Raymond E
Bought by
Schrader Raymond Elwood and The Schrader Family Living A T

Purchase Details

Closed on
May 13, 1994
Sold by
Schrader Raymond E and Schrader Frances J
Bought by
Schrader Raymond Elwood and Schrader Frances J
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
Tang Living Trust -- Placer Title
Tang John $460,000 Placer Title
Schrader Stephen -- Placer Title Company
Schrader Stephen -- None Available
Schrader Raymond Elwood -- None Available
Schrader Raymond Elwood -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tang John $335,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2021 09/14/21 Sold $460,000 -1.9% $282 / Sq Ft
08/20/2021 08/20/21 Pending -- -- --
08/18/2021 08/18/21 For Sale $469,000 -- $287 / 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 $5,891 $488,154 $106,120 $382,034
2023 $5,891 $469,200 $102,000 $367,200
2022 $6,692 $460,000 $100,000 $360,000
2021 $1,262 $83,638 $24,867 $58,771
2020 $1,209 $82,782 $24,613 $58,169
2019 $1,194 $81,160 $24,131 $57,029
2018 $1,172 $79,569 $23,658 $55,911
2017 $1,158 $78,010 $23,195 $54,815
2016 $1,142 $76,482 $22,741 $53,741
2015 -- $75,334 $22,400 $52,934
2014 -- $73,860 $21,962 $51,898
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 221098816

MetroList

APN: 008-471-005-000