NOT LISTED FOR SALE
4 Beds
4 Baths
1,940 Sq Ft
0.44 Acre Lot

Sale Details

Date Sold: October 3, 2015

Last sale price $1,575,000 $812 Per Sq Ft

136 Days on Market

Highlights

  • 0.44 Acre Lot
  • Deck
  • No HOA

About This Home

As of October 2015

Palm Garden Apartments is a two-story, garden style apartment complex. This gated property consists of three buildings with 30 one-bedroom/one bathroom units. It was built in 1965 originally, but has been through significant capital improvements over the past few years including new paint, landscaping, new windows, new floors and new kitchens. Each unit has spacious floor plans with hardwood/laminate floors and granite countertops.

Last Agent to Sell the Property

Linda Zweig

Agreat Financial License #01459386 Listed on: 03/10/2015

Last Buyer's Agent

Non-MLS Member

Non-MLS Office

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 0.44

Home Design

  • Composition Roof

Parking

  • 31 Open Parking Spaces
  • 1 Parking Space Included

Additional Features

  • 2-Story Property
  • Deck
  • 19,123 Sq Ft Lot
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for electricity gas
  • Assessor Parcel Number 275-0053-027-0000

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 30 Units

Building Details

  • 29 Leased Units
  • 1 Vacant Unit
  • 30 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0.44 Acres

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: 5 or More Units
  • Year Built: 1965
  • Levels: 0
  • Stories: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Gas Oven,Built-In Refrigerator,Free Standing Gas Oven,Free Standing Gas Range,Free Standing Refrigerator,Gas Cook Top
  • Other Equipment: None
  • Flooring: Carpet,Laminate

Exterior Features

  • Construction Materials: Stucco,Wood
  • Disclosures/Documents: Rental/Lease Agmts,Other
  • Listing Price: 1575000.00
  • Patio And Porch Features: Uncovered Deck
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 31
  • Parking Features: Open,Street,1+ Space Per Unit

Utilities

  • Security: Smoke Detector,Unguarded Gate
  • Cooling: Ceiling Fan(s),Window Unit(s)
  • Heating: Natural Gas

Condo/Co-op/Association

  • Association Features: Manager's Office,Separate Laundry Facility,Yard Space
  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: R1
  • Lot Size Acres: 0.4390
  • Lot Size Sq Ft: 19123

Rental Info

  • Tenant Pays: Electricity,Gas
  • Total # Leasable: 30

Multi Family

  • Income Includes: Coin Operated Equipment,Laundry
  • Number of Leased Units: 29
  • Number of Month to Month Units: 30
  • Number of Units: 30
  • Number of Vacant Units: 1
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 275-0053-027-0000

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

Closed on
Jan 22, 2025
Sold by
Next Day Properties Llc
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
$2,900,000
Outstanding Balance
$2,857,079
Interest Rate
6.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2019
Sold by
Palm Gardens Llc
Bought by
Next Day Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,044,000
Interest Rate
3.6%
Mortgage Type
Construction

Purchase Details

Listed on
Mar 10, 2015
Closed on
Aug 4, 2015
Sold by
Universal Real Estate Investments Llc
Bought by
Palm Gardens Llc
Seller's Agent
Linda Zweig
Agreat Financial
Buyer's Agent
Non-MLS Member
Non-MLS Office
List Price
$1,575,000
Sold Price
$1,575,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,060,000
Interest Rate
3.98%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 27, 2010
Sold by
Sharma Rajinder and Mohindra Arun
Bought by
Universal Real Estate Investments Llc

Purchase Details

Closed on
Sep 20, 2010
Sold by
Iyasere Blessing
Bought by
Sharma Rajinder and Mohindra Arun

Purchase Details

Closed on
Dec 23, 2005
Sold by
Iyasere William
Bought by
Iyasere Blessing

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,520,000
Interest Rate
6.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 20, 2005
Sold by
Sac Dixie Properties Llc
Bought by
Iyasere Blessing

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,520,000
Interest Rate
6.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 17, 2005
Sold by
Dahlbeck Gary L
Bought by
Sac Dixie Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,155,000
Interest Rate
5.66%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 23, 2005
Sold by
Alfaro Michael A
Bought by
Dahlbeck Gary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,155,000
Interest Rate
5.66%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$4,500,000 Fidelity National Title Compan
Next Day Properties Llc $2,750,000 Fidelity National Title Co
Palm Gardens Llc $1,575,000 First American Title Company
Mohindra Arun K -- First American Title Company
Sharma Rajinder -- First American Title Company
Universal Real Estate Investments Llc $326,000 None Available
Sharma Rajinder $730,333 None Available
Iyasere Blessing -- Old Republic Title Company
Iyasere Blessing $1,950,000 Old Republic Title Company
Sac Dixie Properties Llc -- --
Dahlbeck Gary L $1,650,000 Financial Title Company
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
Open $2,900,000
Previous Owner Next Day Properties Llc $2,500,000
Previous Owner Next Day Properties Llc $2,044,000
Previous Owner Palm Gardens Llc $1,060,000
Previous Owner Iyasere Blessing $1,520,000
Previous Owner Dahlbeck Gary L $1,155,000
Previous Owner Alfaro Michael A $100,000
Previous Owner Alfaro Michael $47,970
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
10/03/2015 10/03/15 Sold $1,575,000 0.0% $812 / Sq Ft
07/24/2015 07/24/15 Pending -- -- --
03/10/2015 03/10/15 For Sale $1,575,000 -- $812 / 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
2026 $38,723 $4,590,000 $765,000 $3,825,000
2025 $38,723 $3,007,523 $328,093 $2,679,430
2024 $37,259 $2,948,553 $321,660 $2,626,893
2023 $37,408 $2,890,739 $315,353 $2,575,386
2022 $35,309 $2,834,059 $309,170 $2,524,889
2021 $35,139 $2,778,490 $303,108 $2,475,382
2020 $34,770 $2,750,000 $300,000 $2,450,000
2019 $22,469 $1,671,400 $61,549 $1,609,851
2018 $21,363 $1,638,629 $60,343 $1,578,286
2017 $21,828 $1,606,500 $59,160 $1,547,340
2016 $21,464 $1,575,000 $58,000 $1,517,000
2015 $10,464 $692,901 $159,900 $533,001
2014 $10,634 $679,329 $156,768 $522,561
Source: Public Records

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Map

Source: MetroList

MLS Number: 15014573

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