NOT LISTED FOR SALE

Estimated Value: $550,000 - $619,000

4 Beds
2 Baths
1,600 Sq Ft
$368/Sq Ft Est. Value

Last Sold May 14, 2021

Last sale price $590,000 $369 Per Sq Ft

Current estimated payment $3,947/month

7 Days on Market

Highlights

  • Craftsman Architecture
  • No HOA
  • Tankless Water Heater
  • Green Roof
  • The community has rules related to allowing live work
  • 4-minute walk to Earl Warren Park

About This Home

As of May 2021

This is the definition of a turnkey rental. Live in one and rent the other. Perfect for CSUS student housing. Simply stated there was no expense spared in this remodel, this one was demoed to the studs! (2) Complete repipe and new tankless water heaters. New roof. (2) New 12 year warranty Ductless Mini-split HVAC system 17.5 Seer. New 20 year commercial grade 100% waterproof composite flooring. New cabinets and appliances including washer, dryer and fridge! LED can lights throughout, never change a lightbulb again. New interior two panel interior doors, and patio screens on all exterior doors. New quartz countertops throughout. New faux wood blinds on every window. 1 car garage for each unit for additional monthly rental income. This low maintenance income producing property will not last.

Last Agent to Sell the Property

Bradley Farmer

eXp Realty of California Inc. License #02051841 Listed on: 04/01/2021

eXp Realty of California Inc.

Last Buyer's Agent

Kyle Renke

Realty ONE Group Complete License #02057311

Realty ONE Group Complete

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,862

Year Built

  • Built in 1954 | Remodeled

Lot Details

  • 5,227 Sq Ft Lot
  • Dog Run

Parking

  • 2 Car Garage
  • 4 Open Parking Spaces

Home Design

  • Duplex
  • Craftsman Architecture
  • Concrete Foundation
  • Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • Low Flow Toliet
  • 1-Story Property
  • Low Emissivity Windows
  • Laundry in unit

Kitchen

  • Free-Standing Gas Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher

Flooring

  • Tile
  • Vinyl

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Green Roof
  • ENERGY STAR Qualified Appliances
  • ENERGY STAR Qualified Equipment for Heating

Utilities

  • Zoned Heating and Cooling
  • Cooling System Powered By Renewable Energy
  • Ductless Heating Or Cooling System
  • Property is located within a water district
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 023-0185-006-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • The community has rules related to allowing live work

Amenities

  • Laundry Facilities

Building Details

  • 2 Vacant Units
  • Professional Management Expense $2,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,862

Year Built

Built in 1954 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Subtype Description: Live/Work
  • Property Subtype 1: Duplex
  • Stories: 1
  • Year Built: 1954
  • Architectural Style: Craftsman
  • Stories: 1
  • Number of Two Bedroom Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Range, Free Standing Refrigerator, Microwave, Dishwasher, Plumbed For Ice Maker, Tankless Water Heater, ENERGY STAR Qualified Appliances
  • Other Equipment: Low-Flow Toilet(s)
  • Flooring: Tile, Vinyl, See Remarks
  • Price Per Square Foot: 360.20
  • Window Features: Low E Glass Full

Exterior Features

  • Construction Materials: Concrete, Stucco, Frame, Wood
  • Exterior Features: Dog Run
  • Foundation: Concrete
  • Listing Price: 590000.00
  • Lot Features: Curbs/Gutters, Sidewalk
  • Property Condition: Updated/Remodeled
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 4
  • Garage Spaces: 2
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 4

Utilities

  • Security: Carbon Mon Detector, Smoke Detector
  • Sewer: In & Connected
  • Utilities: City
  • Cooling: Ductless, See Remarks, MultiZone
  • Electric: Bi-Direct Meter
  • Heating: Ductless, MultiZone, See Remarks
  • Laundry Features: Washer/Dryer Owned, In Each Unit
  • Water Source: Water District, Public
  • Separate Meters: Electricity,Gas,Water

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: R-2
  • Irrigation: None
  • Lot Size Acres: 0.1200
  • Lot Size Sq Ft: 5227

Green Features

  • Energy Efficient: Appliances, Cooling, Roof, Water Heater, Heating

Rental Info

  • Total # Leasable: 2

Multi Family

  • Gross Income: 36000
  • Income Includes: Rent Only
  • Number of Units: 2
  • Number of Vacant Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 023-0185-006-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2021
Closed on
May 12, 2021
Sold by
Capitol Equities Llc
Bought by
Miller Samson Alexander and Lopez Alana Marlene
Seller's Agent
Bradley Farmer
eXp Realty of California Inc.
Buyer's Agent
Kyle Renke
Realty ONE Group Complete
List Price
$575,000
Sold Price
$590,000
Premium/Discount to List
$15,000
2.61%
Current Estimated Value
$588,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,300
Avg. Annual Appreciation
-0.45%
Original Mortgage
$442,500
Outstanding Balance
$402,716
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$176,099

Purchase Details

Listed on
Dec 7, 2020
Closed on
Dec 18, 2020
Sold by
Rhoads Karl
Bought by
Capitol Equities Llc
Seller's Agent
Cindy Hipwell
LPT Realty, Inc
Buyer's Agent
Zac Haines
eXp Realty of California Inc.
List Price
$298,900
Sold Price
$331,500
Premium/Discount to List
$32,600
10.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
419.20%
Original Mortgage
$314,900
Interest Rate
2.7%
Mortgage Type
Commercial
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
Miller Samson Alexander $590,000 Fidelity National Title Co
Capitol Equities Llc $331,500 Placer Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Samson Alexander $442,500
Previous Owner Capitol Equities Llc $314,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2021 05/14/21 Sold $590,000 +2.6% $369 / Sq Ft
04/08/2021 04/08/21 Pending -- -- --
04/01/2021 04/01/21 For Sale $575,000 +73.5% $359 / Sq Ft
01/05/2021 01/05/21 Sold $331,500 +10.9% $203 / Sq Ft
12/14/2020 12/14/20 Pending -- -- --
12/07/2020 12/07/20 For Sale $298,900 -- $183 / 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 $8,862 $638,634 $189,425 $449,209
2024 $8,862 $626,112 $185,711 $440,401
2023 $8,688 $613,836 $182,070 $431,766
2022 $8,706 $601,800 $178,500 $423,300
2021 $747 $43,245 $8,411 $34,834
2020 $746 $42,802 $8,325 $34,477
2019 $732 $41,963 $8,162 $33,801
2018 $713 $41,141 $8,002 $33,139
2017 $701 $40,336 $7,846 $32,490
2016 $675 $39,546 $7,693 $31,853
2015 $664 $38,953 $7,578 $31,375
2014 $651 $38,200 $7,434 $30,766
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 221028151

MetroList

APN: 023-0185-006