NOT LISTED FOR SALE

7540 18th St Sacramento, CA 95822

Meadowview Neighborhood

Estimated Value: $492,814 - $544,000

4 Beds
2 Baths
1,860 Sq Ft
$282/Sq Ft Est. Value

Last Sold December 18, 2020

Last sale price $392,000 $211 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $3,281/month

6 Days on Market

Highlights

  • A-Frame Home
  • Central Heating
  • 1-Story Property
  • No HOA

About This Home

As of December 2020

Great investment opportunity! Duplex with a single APN#. Each unit contains 2 beds/1 bath unit with fenced rear yards. Excellent location on large corner lot. Both units rented until June 2021. Remodeled kitchen in one unit and remodeled bath in another. Calling all investors!

Last Agent to Sell the Property

Jane Gray

Jane Gray Real Estate License #01973665 Listed on: 10/29/2020

Last Buyer's Agent

Vitalii Velykocholovik

Mimi Nassif Luxury Estates, Inc. License #02030726

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,218

Year Built

  • Built in 1986

Lot Details

  • 8,276 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • A-Frame Home
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Fire and Smoke Detector

Utilities

  • Central Heating
  • 220 Volts

Listing and Financial Details

  • Security Deposit $4,800
  • Tenant pays for cable tv electricity
  • Assessor Parcel Number 048-0072-028-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Units Leased Month-To-Month
  • Insurance Expense $1,120
  • Operating Expense $4,240

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,218

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1986
  • Architectural Style: A-Frame
  • Stories: 1
  • Number of Two Bedroom Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher,Free Standing Electric Range,Free Standing Refrigerator
  • Other Equipment: None
  • Flooring: Carpet,Laminate,Tile

Exterior Features

  • Construction Materials: Frame,Stucco
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,None
  • Foundation: Slab
  • Listing Price: 378900.00
  • Roof: Composition

Garage/Parking

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

Utilities

  • Security: Smoke Detector
  • Sewer: Public Sewer
  • Cooling: Ceiling Fan(s),Central
  • Electric: 220 Volts
  • Heating: Central
  • Water Source: Public
  • Utilities Expenses: 3120

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: RES
  • Lot Size Acres: 0.1900
  • Lot Size Sq Ft: 8276

Rental Info

  • Tenant Pays: Cable TV,Electricity
  • Total Deposit: 4800
  • Total # Leasable: 2

Multi Family

  • Gross Income: 34200
  • Operating Expense: 4240
  • Income Includes: Rent Only
  • Insurance Expense: 1120
  • Number of Leased Units: 2
  • Number of Month to Month Units: 2
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 048-0072-028-0000
  • Current RE Taxes: 3218
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2020
Closed on
Dec 17, 2020
Sold by
Yeh Seng Long Simon and Wei Yuling Margaret
Bought by
Zhou Derek Charles and He Delia
Seller's Agent
Jane Gray
Jane Gray Real Estate
Buyer's Agent
Vitalii Velykocholovik
Mimi Nassif Luxury Estates, Inc.
List Price
$378,900
Sold Price
$392,000
Premium/Discount to List
$13,100
3.46%
Current Estimated Value
$523,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,954
Avg. Annual Appreciation
6.58%
Original Mortgage
$294,000
Outstanding Balance
$262,951
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$266,314

Purchase Details

Listed on
Aug 13, 2017
Closed on
Sep 25, 2017
Sold by
Mrasmussen Rasmussen Roy and Mrasmussen Harold M
Bought by
Yeh Seng Long Simon and Wei Yuling Margaret
Seller's Agent
Shelly Herrod
Realty ONE Group Complete
Buyer's Agent
Jane Gray
Jane Gray Real Estate
List Price
$266,000
Sold Price
$241,000
Premium/Discount to List
-$25,000
-9.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.25%

Purchase Details

Closed on
Nov 29, 2001
Sold by
Rasmussen Harold M and Rasmussen Arline L
Bought by
Rasmussen Harold M and Rasmussen Arline L
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
Zhou Derek Charles $392,000 Old Republic Title Company
Yeh Seng Long Simon $241,000 Old Republic Title Company
Rasmussen Harold M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhou Derek Charles $294,000
Previous Owner Yeh Seng Long Simon $232,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2020 12/18/20 Sold $392,000 +3.5% $211 / Sq Ft
11/04/2020 11/04/20 Pending -- -- --
10/29/2020 10/29/20 For Sale $378,900 +57.2% $204 / Sq Ft
09/27/2017 09/27/17 Sold $241,000 0.0% $130 / Sq Ft
09/27/2017 09/27/17 Sold $241,000 -9.4% $130 / Sq Ft
09/21/2017 09/21/17 Pending -- -- --
09/21/2017 09/21/17 Pending -- -- --
08/13/2017 08/13/17 For Sale $266,000 0.0% $143 / Sq Ft
07/17/2017 07/17/17 For Sale $266,000 -- $143 / 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 $5,189 $424,310 $86,593 $337,717
2024 $5,189 $415,992 $84,896 $331,096
2023 $5,060 $407,836 $83,232 $324,604
2022 $4,989 $399,840 $81,600 $318,240
2021 $4,749 $392,000 $80,000 $312,000
2020 $3,217 $250,736 $72,828 $177,908
2019 $3,150 $245,820 $71,400 $174,420
2018 $3,069 $244,800 $61,200 $183,600
2017 $1,770 $126,129 $20,163 $105,966
2016 $1,688 $123,657 $19,768 $103,889
2015 $3,183 $121,801 $19,472 $102,329
2014 $4,892 $119,416 $19,091 $100,325
Source: Public Records

Agents Affiliated with this Home

  • Jane Gray

    Seller's Agent in 2020

    Jane Gray

    Jane Gray Real Estate

    (916) 293-1734

    1 in this area

    34 Total Sales

    Jane Gray
    Section Image
  • Vitalii Velykocholovik

    Buyer's Agent in 2020

    Vitalii Velykocholovik

    Mimi Nassif Luxury Estates, Inc.

    (916) 412-3890

    1 in this area

    65 Total Sales

    Vitalii Velykocholovik
    Section Image
  • Shelly Herrod

    Seller's Agent in 2017

    Shelly Herrod

    Realty ONE Group Complete

    (916) 716-7848

    35 Total Sales

    Shelly Herrod
    Section Image
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Map

Source: MetroList

MLS Number: 20064825

MetroList

APN: 048-0072-028

California Sacramento County Sacramento 95822 Meadowview

7540 18th St, Sacramento, CA

This home is located at 7540 18th St, Sacramento, CA 95822 since 29 October 2020 and is currently estimated at $523,954, approximately $281 per square foot. This property was built in 1986. 7540 18th St 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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