NOT LISTED FOR SALE

7501 Handly Way Sacramento, CA 95822

Meadowview Neighborhood

Estimated Value: $555,708 - $655,000

6 Beds
4 Baths
2,400 Sq Ft
$250/Sq Ft Est. Value

Last Sold March 23, 2020

Last sale price $435,000 $181 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $3,748/month

266 Days on Market

Highlights

  • 8,276 Acre Lot
  • No HOA
  • Ceiling Fan
  • Property is near public transit
  • Central Heating and Cooling System
  • 2 Car Garage

About This Home

As of March 2020

Great Investment property. Each Unit has 3 bedrooms/2 bathrooms, living room, dining area and 2-car garage.New roof and new central heat and air for both units .

Last Agent to Sell the Property

Zack Alber

Tower Real Estate Brokers Inc. License #01242211 Listed on: 06/24/2019

Co-Listed By

Gwen Khumalo

Tower Real Estate Brokers Inc. License #02068869

Last Buyer's Agent

Jaskaran Kandola

PMZ Real Estate License #01978118

PMZ Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,809

Year Built

  • Built in 1985

Lot Details

  • 8,276

Parking

  • 2 Car Garage
  • On-Street Parking

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Carpet
  • Fire and Smoke Detector

Kitchen

  • Free-Standing Gas Range
  • Dishwasher
  • Disposal

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • 8,276 Acre Lot
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for cable TV
  • Assessor Parcel Number 048-0204-007-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,809

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Subtype 1: Duplex
  • Stories: 1
  • Year Built: 1985
  • Architectural Style: Ranch
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Disposal, Free Standing Gas Range, Free Standing Refrigerator
  • Flooring: Carpet, Linoleum/Vinyl

Exterior Features

  • Construction Materials: Wood
  • Disclosures/Documents: CC&Rs, Rental/Lease Agmts, None
  • Listing Price: 449900.00
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage, Street
  • Total Parking Spaces: 4

Utilities

  • Security: Smoke Detector
  • Utilities: Cable Available
  • Cooling: Ceiling Fan(s), Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: Public Trans Nearby, Yard Space
  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: R-1
  • Lot Size Acres: 8276.0000
  • Lot Size Sq Ft: 360502560

Rental Info

  • Tenant Pays: Cable TV

Multi Family

  • Gross Income: 35184
  • Income Includes: Rent Only
  • Number of Leased Units: 2
  • Number of Month to Month Units: 2
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 048-0204-007-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2019
Closed on
Mar 12, 2020
Sold by
Nandi Pradip Kumar and Nandi Gopa
Bought by
Chennakesavan Velumani and Rajendran Indumathy
Seller's Agent
Zack Alber
Tower Real Estate Brokers Inc.
Buyer's Agent
Jaskaran Kandola
PMZ Real Estate
List Price
$449,900
Sold Price
$435,000
Premium/Discount to List
-$14,900
-3.31%
Current Estimated Value
$598,927

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,927
Avg. Annual Appreciation
6.09%

Purchase Details

Closed on
Mar 6, 2018
Sold by
Nandi Pradip Kumar and Nandi Gopa
Bought by
Nandi Pradip Kumar and Nandi Gopa

Purchase Details

Listed on
Oct 23, 2016
Closed on
Mar 7, 2017
Sold by
Chan Dennis
Bought by
Nandi Pradip Kumar and Nandi Gopa
Seller's Agent
Vivienne Yamamoto
RE/MAX Gold
Buyer's Agent
Zack Alber
Tower Real Estate Brokers Inc.
List Price
$338,000
Sold Price
$317,740
Premium/Discount to List
-$20,260
-5.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.80%
Original Mortgage
$238,305
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 12, 2010
Sold by
Federal National Mortgage Association
Bought by
Chan Dennis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 2010
Sold by
Lal Deepak and Lal Sarojini
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 22, 1994
Sold by
Sherburne Gerald F and Sherburne Carol A
Bought by
Lal Deepak and Lal Sarojini

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,600
Interest Rate
9.2%
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
Chennakesavan Velumani $435,000 Placer Title Company
Nandi Pradip Kumar -- None Available
Nandi Pradip Kumar $318,000 Fidelity National Title Comp
Chan Dennis $120,000 Fidelity National Title Co
Federal National Mortgage Association $360,137 Landsafe Title
Lal Deepak $131,500 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chennakesavan Velumani $326,500
Previous Owner Nandi Pradip Kumar $238,305
Previous Owner Chan Dennis $96,000
Previous Owner Lal Deepak $332,000
Previous Owner Lal Deepak $35,800
Previous Owner Lal Deepak $246,000
Previous Owner Lal Deepak $235,000
Previous Owner Lal Deepak $136,000
Previous Owner Lal Deepak $98,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2020 03/23/20 Sold $435,000 0.0% $181 / Sq Ft
03/16/2020 03/16/20 Pending -- -- --
01/29/2020 01/29/20 Off Market $435,000 -- --
12/29/2019 12/29/19 For Sale $449,900 0.0% $187 / Sq Ft
12/29/2019 12/29/19 Pending -- -- --
11/15/2019 11/15/19 For Sale $449,900 0.0% $187 / Sq Ft
11/07/2019 11/07/19 Pending -- -- --
10/22/2019 10/22/19 Price Changed $449,900 -2.0% $187 / Sq Ft
06/24/2019 06/24/19 For Sale $459,000 +44.5% $191 / Sq Ft
03/14/2017 03/14/17 Sold $317,740 -6.0% $132 / Sq Ft
01/20/2017 01/20/17 Pending -- -- --
10/23/2016 10/23/16 For Sale $338,000 -- $141 / 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 $5,809 $475,731 $109,363 $366,368
2024 $5,809 $466,404 $107,219 $359,185
2023 $5,666 $457,260 $105,117 $352,143
2022 $5,585 $448,295 $103,056 $345,239
2021 $5,317 $439,506 $101,036 $338,470
2020 $4,240 $337,186 $101,155 $236,031
2019 $4,151 $330,575 $99,172 $231,403
2018 $4,044 $324,094 $97,228 $226,866
2017 $1,878 $132,465 $22,076 $110,389
2016 $1,779 $129,869 $21,644 $108,225
2015 $1,747 $127,919 $21,319 $106,600
2014 $1,712 $125,414 $20,902 $104,512
Source: Public Records

Agents Affiliated with this Home

  • Zack Alber

    Seller's Agent in 2020

    Zack Alber

    Tower Real Estate Brokers Inc.

    (916) 628-2787

    1 in this area

    57 Total Sales

    Section Image

  • G

    Seller Co-Listing Agent in 2020

    Gwen Khumalo

    Tower Real Estate Brokers Inc.

    Section Image
  • Jaskaran Kandola

    Buyer's Agent in 2020

    Jaskaran Kandola

    PMZ Real Estate

    (209) 761-1395

    79 Total Sales

    Section Image
  • Vivienne Yamamoto

    Seller's Agent in 2017

    Vivienne Yamamoto

    RE/MAX

    (916) 316-8602

    35 Total Sales

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Map

Source: MetroList

MLS Number: 19044475

MetroList

APN: 048-0204-007

California Sacramento County Sacramento 95822 Meadowview

7501 Handly Way, Sacramento, CA

This home is located at 7501 Handly Way, Sacramento, CA 95822 since 24 June 2019 and is currently estimated at $598,927, approximately $249 per square foot. This property was built in 1985. 7501 Handly Way is a home located in Sacramento County with nearby schools including John D. Sloat Elementary School, Rosa Parks Elementary School, and John F. Kennedy High 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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