NOT LISTED FOR SALE

7320 Canelo Hills Dr Citrus Heights, CA 95610

Estimated Value: $394,000 - $566,000

4 Beds
2 Baths
1,652 Sq Ft
$302/Sq Ft Est. Value

Last Sold August 26, 2016

Last sale price $265,000 $160 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $2,953/month

23 Days on Market

Highlights

  • No HOA
  • Garage
  • 1-Story Property
  • Central Heating
  • Satellite Dish

About This Home

As of August 2016

This duplex has been a good income producer for my client since 2001, but she's ready to get out of the landlord business. Property is sold as-is; pest report attached. 7322 tenant has been in place for nearly 20 years - so rent needs adjustment. Both tenants pay timely, but security deposit not on record. Property could benefit from paint & flooring, but with long-term tenants, no aesthetic improvements have been done in some time. See attachments detailing roof & other improvements made.

Last Agent to Sell the Property

Cheryl Muzinich

Recovery Realty License #01337467 Listed on: 07/14/2016

Last Buyer's Agent

Cheryl Muzinich

Recovery Realty License #01337467 Listed on: 07/14/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,935

Year Built

  • Built in 1978

Lot Details

  • 7,057 Sq Ft Lot

Parking

  • Garage

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Free-Standing Electric Range

Utilities

  • Central Heating
  • Satellite Dish

Listing and Financial Details

  • Tenant pays for electricity gas
  • Assessor Parcel Number 257-0011-036-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Sunrise Estates Subdivision

Building Details

  • 2 Leased Units
  • 2 Units Leased Month-To-Month
  • Insurance Expense $1,046

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,935

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1978
  • Architectural Style: Ranch
  • Stories: 1
  • Subdivision: Sunrise Estates
  • Number of One Bedroom Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Electric Range
  • Flooring: Carpet,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Wood
  • Disclosures/Documents: Rental/Lease Agmts,Structural Pest Control Report
  • Listing Price: 245000.00
  • Roof: Composition

Garage/Parking

  • Parking Features: Garage

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Utilities: Dish Antenna
  • Cooling: Ceiling Fan(s),Central
  • Heating: Central
  • Utilities Expenses: 2123

Condo/Co-op/Association

  • Association Features: Yard Space
  • Association: No

Schools

  • Senior High School District: San Juan Unified

Lot Info

  • Zoning Description: RD10
  • Lot Size Acres: 0.1620
  • Lot Size Sq Ft: 7057

Rental Info

  • Tenant Pays: Electricity,Gas

Multi Family

  • Gross Income: 20016
  • Income Includes: Rent Only
  • Insurance Expense: 1046
  • Number of Leased Units: 2
  • Number of Month to Month Units: 2
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 257-0011-036-0000
  • Current RE Taxes: 1935

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 10, 2021
Sold by
Huan Haiyan
Bought by
Huan Haiyan
Current Estimated Value
$499,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,000
Outstanding Balance
$269,156
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$230,250

Purchase Details

Listed on
Jul 14, 2016
Closed on
Aug 25, 2016
Sold by
Martin Scott
Bought by
Huan Haiyan
Seller's Agent
Cheryl Muzinich
Recovery Realty
Buyer's Agent
Cheryl Muzinich
Recovery Realty
List Price
$245,000
Sold Price
$265,000
Premium/Discount to List
$20,000
8.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.20%

Purchase Details

Listed on
Jul 14, 2016
Closed on
Aug 19, 2016
Sold by
Raffetto Pennee and Villalobos Pennee
Bought by
Huan Haiyan
Seller's Agent
Cheryl Muzinich
Recovery Realty
Buyer's Agent
Cheryl Muzinich
Recovery Realty
List Price
$245,000
Sold Price
$265,000
Premium/Discount to List
$20,000
8.16%

Purchase Details

Closed on
Aug 21, 2001
Sold by
Satchwell Bret G and Satchwell Gayle A
Bought by
Villalobos Pennee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
7.09%

Purchase Details

Closed on
Dec 14, 1998
Sold by
Mccormick Robert M
Bought by
Satchwell Bret G and Satchwell Gayle A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,530
Interest Rate
6.91%
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
Huan Haiyan -- Chicago Title Company
Huan Haiyan -- Old Republic Title Company
Huan Haiyan $265,000 Old Republic Title Company
Villalobos Pennee -- Alliance Title Company
Satchwell Bret G $102,000 Placer Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huan Haiyan $297,000
Previous Owner Villalobos Pennee $132,000
Previous Owner Satchwell Bret G $91,530
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2016 08/26/16 Sold $265,000 +8.2% $160 / Sq Ft
08/04/2016 08/04/16 Pending -- -- --
07/12/2016 07/12/16 For Sale $245,000 -- $148 / 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 $3,660 $309,579 $98,647 $210,932
2024 $3,660 $303,510 $96,713 $206,797
2023 $3,567 $297,560 $94,817 $202,743
2022 $3,549 $291,726 $92,958 $198,768
2021 $3,490 $286,007 $91,136 $194,871
2020 $3,425 $283,075 $90,202 $192,873
2019 $3,357 $277,526 $88,434 $189,092
2018 $3,318 $272,085 $86,700 $185,385
2017 $3,286 $266,750 $85,000 $181,750
2016 $1,969 $167,162 $47,937 $119,225
2015 $1,936 $164,652 $47,217 $117,435
2014 $1,895 $161,428 $46,293 $115,135
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 16045661

MetroList

APN: 257-0011-036