NOT LISTED FOR SALE

7334 Gigi Place Sacramento, CA 95828

Estimated Value: $450,000 - $502,000

3 Beds
3 Baths
1,980 Sq Ft
$242/Sq Ft Est. Value

Last Sold June 28, 2021

Last sale price $3,900,000 $1,970 Per Sq Ft

Current estimated payment $2,875/month

9 Days on Market

Highlights

  • Contemporary Architecture
  • No HOA
  • Cul-De-Sac
  • Wood Flooring
  • Fenced Yard
  • Double Pane Windows

About This Home

As of June 2021

Portfolio of 11 Duplex's For Sale Gigi Place. 11 Duplex's = (22 doors) on a dead end street of a total of 16. Looking to sale all at one time.. All must close at the same time per seller.

Last Agent to Sell the Property

Ronald Bates

Real Estate Source Inc License #01354260 Listed on: 03/02/2021

Last Buyer's Agent

Vitaliy Maznik

Capitol City Real Estate License #01291475

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,100

Year Built

  • Built in 1979

Lot Details

  • 7,500 Sq Ft Lot
  • Cul-De-Sac
  • Fenced Yard

Parking

  • 2 Car Garage
  • On-Street Parking

Home Design

  • Duplex
  • Contemporary Architecture
  • Planned Development
  • Flat Roof Shape
  • Slab Foundation
  • Tar and Gravel Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1-Story Property
  • Double Pane Windows
  • Laundry in unit

Kitchen

  • Free-Standing Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • Natural Gas Connected
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 051-0352-041-000

Community Details

Overview

  • No Home Owners Association
  • 11 Buildings
  • 22 Units

Building Details

  • 22 Leased Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,100

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Planned Unit Develop
  • Property Subtype 1: Duplex
  • Stories: 1
  • Year Built: 1979
  • Architectural Style: Contemporary
  • Stories: 1
  • Number of Two Bedroom Units: 21
  • Number of Three Bedroom Units: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Gas Water Heater, Dishwasher, Disposal, Free Standing Electric Range
  • Flooring: Carpet, Tile, Vinyl, Wood, Varies by Unit
  • Basement: None
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Stucco, Wood
  • Disclosures/Documents: None
  • Exterior Features: Fenced Yard, Yard Space
  • Foundation: Slab
  • Listing Price: 3900000.00
  • Lot Features: Cul-De-Sac, Curbs/Gutters
  • Roof: Composition, Tar/Gravel, Flat

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Street, Garage
  • Total Parking Spaces: 2

Utilities

  • Security: Carbon Mon Detector, Double Strapped Water Heater, Smoke Detector
  • Sewer: In & Connected
  • Utilities: Natural Gas Connected, Cable Available, City, DSL Available, Internet Available
  • Cooling: Central
  • Electric: 220 Volts, Bi-Direct Meter
  • Heating: Central
  • Laundry Features: In Each Unit
  • Water Source: Meter on Site, Public
  • Separate Meters: Electricity,Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Elk Grove Unified

Lot Info

  • Zoning Description: RD10
  • Irrigation: Public District, None
  • Lot Size Acres: 0.1722
  • Lot Size Sq Ft: 7500

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas
  • Lease Term: Varies By Unit
  • Total # Leasable: 22

Multi Family

  • Gross Income: 330000
  • Income Includes: Rent Only
  • Number of Leased Units: 22
  • Number of Units: 22

Tax Info

  • Assessor Parcel Number: 051-0352-041-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2021
Closed on
Jun 14, 2021
Sold by
Eubanks Bryan K and Eubanks Bryan
Bought by
Ibiza Real Estate Holdings Llc
Seller's Agent
Ronald Bates
Real Estate Source Inc
Buyer's Agent
Vitaliy Maznik
Capitol City Real Estate
List Price
$9,000,000
Sold Price
$3,900,000
Premium/Discount to List
-$5,100,000
-56.67%
Current Estimated Value
$479,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,420,407
Avg. Annual Appreciation
-39.35%
Original Mortgage
$923,600
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 5, 2018
Sold by
Eubanks Bryan and Suetta Debra
Bought by
Eubanks Bryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 25, 2008
Sold by
Hsbc Bank Usa Na
Bought by
Eubank Brian and Eubanks Debra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 27, 2008
Sold by
Williams Javon
Bought by
Hsbc Bank Usa Na

Purchase Details

Closed on
Sep 24, 2004
Sold by
Tong Henry Chung Kin and Tong Lily Yan Yan
Bought by
Williams Javon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,250
Interest Rate
7.95%
Mortgage Type
Purchase Money Mortgage
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
Ibiza Real Estate Holdings Llc $1,050,000 First American Title Company
Eubanks Bryan -- Orange Coast Title Company
Eubank Brian $95,000 First American Title Company
Hsbc Bank Usa Na $170,000 None Available
Williams Javon $315,000 Financial Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Ibiza Real Estate Holdings Llc $923,600
Previous Owner Eubanks Bryan $180,000
Previous Owner Eubank Brian $76,000
Previous Owner Williams Javon $333,000
Previous Owner Williams Javon $299,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2021 06/28/21 Sold $3,900,000 -56.7% $1,970 / Sq Ft
03/11/2021 03/11/21 Pending -- -- --
03/02/2021 03/02/21 For Sale $9,000,000 -- $4,545 / 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 $4,100 $378,850 $108,242 $270,608
2024 $4,100 $371,422 $106,120 $265,302
2023 $3,996 $364,140 $104,040 $260,100
2022 $3,926 $357,000 $102,000 $255,000
2021 $1,366 $113,008 $23,787 $89,221
2020 $4,690 $211,980 $42,982 $168,998
2019 $3,492 $207,825 $42,140 $165,685
2018 $1,291 $107,510 $22,631 $84,879
2017 $4,134 $105,403 $22,188 $83,215
2016 $1,195 $103,337 $21,753 $81,584
2015 $1,174 $101,786 $21,427 $80,359
2014 $1,156 $99,793 $21,008 $78,785
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 221012927

MetroList

APN: 051-0352-041