NOT LISTED FOR SALE

7400 29th St Sacramento, CA 95822

Meadowview Neighborhood

Estimated Value: $488,000 - $679,000

5 Beds
3 Baths
2,126 Sq Ft
$265/Sq Ft Est. Value

Last Sold January 26, 2024

Last sale price $600,000 $282 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $3,441/month

7 Days on Market

Highlights

  • Corner Lot
  • Tile Flooring
  • 2 Car Garage
  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of January 2024

7400 29th St & 2864 Gardendale Rd. Live comfortably, invest wisely. Vacant duplex with over 50K pro-forma rent. This fully remodeled 2126 sq.ft. duplex on a big corner lot offers the perfect blend of home and income potential. Entrances are from separate streets. Enjoy modern living in one side (3 bed/2 bath) while collecting rent from the other (2 bed/1 bath). Brand new kitchens, bathrooms, flooring, appliances, and recessed lighting create a sleek and stylish atmosphere. Fresh paint inside & out. Brand new HVAC on both sides. These along with dual-pane windows ensure comfort and efficiency. All electrical including new subpanel in 29th St side. Plus, location is key - close to shopping, restaurants, schools, and just a short drive to the golf course. Live the dream and build your wealth - own this versatile duplex today!

Last Agent to Sell the Property

Amir Cackovic

eXp Realty of California Inc. License #01484623 Listed on: 01/03/2024

eXp Realty of California Inc.

Last Buyer's Agent

Jenny Saelee

Keller Williams Realty License #02119669

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,334

Year Built

  • Built in 1965

Lot Details

  • 10,019 Sq Ft Lot
  • Corner Lot

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Concrete Foundation
  • Frame Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Laundry in unit

Flooring

  • Laminate
  • Tile

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 049-0242-014-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,334

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: House(s)
  • Property Subtype 1: Duplex
  • Stories: 1
  • Year Built: 1965
  • Stories: 1
  • Number of Two Bedroom Units: 1
  • Number of Three Bedroom Units: 1
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Tile, Laminate
  • Price Per Square Foot: 282.22

Exterior Features

  • Construction Materials: Frame, Wood
  • Foundation: Concrete
  • Listing Price: 575000.00
  • Lot Features: Corner

Garage/Parking

  • Garage Spaces: 2.00
  • Parking Features: Garage
  • Total Parking Spaces: 4.00

Utilities

  • Security: Carbon Mon Detector, Smoke Detector
  • Sewer: In & Connected
  • Utilities: City
  • Cooling: Central
  • Heating: Central
  • Laundry Features: In Each Unit
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: R-1
  • Irrigation: Public District
  • Lot Size Acres: 0.2300
  • Lot Size Sq Ft: 10019.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Total # Leasable: 2

Multi Family

  • Income Includes: Rent Only
  • Number of Units: 2
  • Number of Vacant Units: 2

Tax Info

  • Assessor Parcel Number: 049-0242-014-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2024
Closed on
Jan 23, 2024
Sold by
Nayeb Shiva and Nayeb Ali
Bought by
Saephan Lai
Seller's Agent
Amir Cackovic
eXp Realty of California Inc.
Buyer's Agent
Jenny Saelee
Keller Williams Realty
List Price
$575,000
Sold Price
$600,000
Premium/Discount to List
$25,000
4.35%
Views
209
Current Estimated Value
$562,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$37,641
Avg. Annual Appreciation
-1.18%
Original Mortgage
$420,000
Outstanding Balance
$413,424
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$175,054

Purchase Details

Closed on
Apr 25, 2022
Sold by
National Default Servicing Corporation
Bought by
Kumar Prakesh and Kumar Anjana

Purchase Details

Closed on
Nov 13, 2002
Sold by
Kumar Anjana
Bought by
Kumar Prakesh and Kumar Anjana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
7.5%

Purchase Details

Closed on
Apr 22, 2002
Sold by
Kumar Prakesh
Bought by
Kumar Anjana

Purchase Details

Closed on
Apr 24, 1997
Sold by
Rosemond Louis
Bought by
Hardy Craig T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,824
Interest Rate
7.86%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 5, 1996
Sold by
Pensco Pension Services Inc Custodian and Fbo Bieber Mary Kath
Bought by
Rosemond Louis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,227
Interest Rate
8.14%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 6, 1996
Sold by
Olson Robert L and Olson Myrna A
Bought by
Spartan Brokerage Group Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,227
Interest Rate
8.14%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 22, 1995
Sold by
Sowell Evetta M and Pensco Pension Services Inc
Bought by
Pensco Pension Services Inc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Saephan Lai $600,000 Chicago Title Company
Kumar Prakesh $410,000 None Listed On Document
Kumar Prakesh -- Fidelity National Title Co
Kumar Anjana -- Fidelity National Title Co
Hardy Craig T $125,000 Stewart Title
Rosemond Louis $69,500 Stewart Title
Spartan Brokerage Group Inc $7,000 Stewart Title
Pensco Pension Services Inc $40,301 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saephan Lai $420,000
Previous Owner Kumar Prakesh $423,000
Previous Owner Kumar Prakesh $246,500
Previous Owner Kumar Prakesh $216,750
Previous Owner Kumar Prakesh $160,000
Previous Owner Hardy Craig T $123,824
Previous Owner Rosemond Louis $63,227
Closed Kumar Prakesh $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2024 01/26/24 Sold $600,000 +4.3% $282 / Sq Ft
01/10/2024 01/10/24 Pending -- -- --
01/03/2024 01/03/24 For Sale $575,000 -- $270 / 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 $5,334 $612,000 $153,000 $459,000
2024 $5,334 $426,564 $104,040 $322,524
2023 $5,202 $418,200 $102,000 $316,200
2022 $3,294 $250,555 $27,831 $222,724
2021 $5,445 $245,643 $27,286 $218,357
2020 $7,108 $243,126 $27,007 $216,119
2019 $6,883 $238,360 $26,478 $211,882
2018 $6,258 $233,687 $25,959 $207,728
2017 $5,667 $229,105 $25,450 $203,655
2016 $5,862 $224,613 $24,951 $199,662
2015 $6,109 $221,240 $24,577 $196,663
2014 $4,430 $216,907 $24,096 $192,811
Source: Public Records

Agents Affiliated with this Home

  • Amir Cackovic

    Seller's Agent in 2024

    Amir Cackovic

    eXp Realty of California Inc.

    (916) 601-5245

    2 in this area

    168 Total Sales

    Amir Cackovic
    Section Image

  • J

    Buyer's Agent in 2024

    Jenny Saelee

    Keller Williams Realty

    Section Image
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Map

Source: MetroList

MLS Number: 224000431

MetroList

APN: 049-0242-014

California Sacramento County Sacramento 95822 Meadowview

7400 29th St, Sacramento, CA

This home is located at 7400 29th St, Sacramento, CA 95822 since 03 January 2024 and is currently estimated at $562,359, approximately $264 per square foot. This property was built in 1965. 7400 29th St is a home located in Sacramento County with nearby schools including Edward Kemble Elementary School, Cesar Chavez Intermediate School, and Rosa Parks Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MetroList IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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