NOT LISTED FOR SALE

Estimated Value: $652,000 - $898,000

8 Beds
4 Baths
3,000 Sq Ft
$256/Sq Ft Est. Value

Last Sold February 23, 2021

Last sale price $560,000 $187 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $4,720/month

Highlights

  • Contemporary Architecture
  • Central Heating and Cooling System
  • 5-minute walk to Steve Jones Park
  • No HOA

About This Home

As of February 2021

Fourplex with 2 bedrooms and 1 bath in each unit. All units have stove and refrigerator and central heat and air. Three units have a/c between 1-3 years old. Three units remodeled. Units have granite countertops, laminate wood flooring, new paint, new blinds, new garage door opener and excellent tenants.

Last Agent to Sell the Property

Floria Thomas

Thomas & Turner Realty License #00969771 Listed on: 01/07/2021

Last Buyer's Agent

Steve Sharma

Sunworld Bankers & Real Estate License #01245613

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,823

Year Built

  • Built in 1965

Lot Details

  • 6,098

Parking

  • 2 Car Garage

Home Design

  • Quadruplex
  • Contemporary Architecture
  • Slab Foundation
  • Composition Roof

Utilities

  • Central Heating and Cooling System
  • 220 Volts

Additional Features

  • 2-Story Property
  • 6,098 Sq Ft Lot

Listing and Financial Details

  • Security Deposit $3,500
  • Tenant pays for cable tv electricity
  • Assessor Parcel Number 048-0231-016-0000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Units Leased Month-To-Month
  • Operating Expense $13,684
  • Net Operating Income $29,516

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,823

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1965
  • Architectural Style: Contemporary
  • Stories: 2
  • Number of Two Bedroom Units: 4
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Electric Oven,Free Standing Electric Range,Free Standing Refrigerator,Gas Water Heater
  • Flooring: Carpet,Laminate,Tile

Exterior Features

  • Construction Materials: Stucco,Wood
  • Disclosures/Documents: CC&Rs,Rent Control,Rental/Lease Agmts,Transfer Disclosure Statement
  • Foundation: Slab
  • Listing Price: 560000.00
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage,1 Space Per Unit
  • Total Parking Spaces: 4

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Sewer: Public Sewer
  • Cooling: Central
  • Electric: 220 Volts
  • Heating: Central
  • Water Source: Public
  • Utilities Expenses: 9490

Condo/Co-op/Association

  • Association Features: Yard Space
  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: R-3
  • Lot Size Acres: 0.1400
  • Lot Size Sq Ft: 6098

Rental Info

  • Tenant Pays: Cable TV,Electricity
  • Total Deposit: 3500
  • Total # Leasable: 4

Multi Family

  • Gross Income: 43200
  • Operating Expense: 13684
  • Income Includes: Rent Only
  • Number of Month to Month Units: 4
  • Number of Units: 4
  • Units Furnished: None
  • Gross Income Multiplier: 12.960

Tax Info

  • Assessor Parcel Number: 048-0231-016-0000
  • Current RE Taxes: 6823
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 3, 2025
Sold by
Gonuguntla Sunil and Nettem Pradeepthi
Bought by
Deepsun Living Trust and Gonuguntla
Current Estimated Value
$767,422

Purchase Details

Listed on
Jan 7, 2021
Closed on
Feb 19, 2021
Sold by
Coleman Daniel and Coleman Daniel Revocable
Bought by
Gonuguntla Sunil and Nettem Pradeepthi
Seller's Agent
Floria Thomas
Thomas & Turner Realty
Buyer's Agent
Steve Sharma
Sunworld Bankers & Real Estate
List Price
$560,000
Sold Price
$560,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.45%
Original Mortgage
$336,000
Interest Rate
2.65%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 7, 2021
Closed on
Feb 12, 2021
Sold by
Coleman Daniel and The Daniel Coleman Revocable L
Bought by
Coleman Dannita M and Dannita M Coleman Revocable Li
Seller's Agent
Floria Thomas
Thomas & Turner Realty
Buyer's Agent
Steve Sharma
Sunworld Bankers & Real Estate
List Price
$560,000
Sold Price
$560,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
2.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 10, 2015
Sold by
Coleman Daniel
Bought by
Livin Coleman Daniel and Livin Daniel Coleman Revocable

Purchase Details

Closed on
Jan 9, 2006
Sold by
Coleman Daniel and Carraway Coleman Rosie
Bought by
Coleman Rosie Carraway and Coleman Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
6.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2004
Sold by
Mathison Shirly K and The Cale Family Trust Survivin
Bought by
Coleman Daniel and Carraway Coleman Rosie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
5.82%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Oct 3, 2003
Sold by
Mathison Shirlyn K and Ergo Richard
Bought by
Mathison Shirlyn K and Cale Family Trust

Purchase Details

Closed on
Aug 28, 2003
Sold by
Cale George G and Cale Family Trust
Bought by
Mathison Shirlyn K and Ergo Richard
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
Deepsun Living Trust -- None Listed On Document
Gonuguntla Sunil $560,000 Orange Coast Ttl Co Of Nocal
Coleman Dannita M -- None Available
Livin Coleman Daniel -- None Available
Coleman Rosie Carraway -- Ticor Title Company Of Ca
Coleman Daniel $425,000 North American Title Co
Mathison Shirlyn K -- --
Mathison Shirlyn K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gonuguntla Sunil $336,000
Previous Owner Coleman Rosie Carraway $215,000
Previous Owner Coleman Daniel $156,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2021 02/23/21 Sold $560,000 0.0% $187 / Sq Ft
01/07/2021 01/07/21 For Sale $560,000 -- $187 / Sq Ft
01/06/2021 01/06/21 Pending -- -- --
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 $7,568 $606,160 $162,364 $443,796
2024 $7,568 $594,276 $159,181 $435,095
2023 $7,375 $582,624 $156,060 $426,564
2022 $7,277 $571,200 $153,000 $418,200
2021 $6,784 $547,287 $115,892 $431,395
2020 $6,823 $541,676 $114,704 $426,972
2019 $6,681 $531,055 $112,455 $418,600
2018 $6,507 $520,643 $110,250 $410,393
2017 $6,407 $510,436 $108,089 $402,347
2016 $5,859 $468,637 $99,238 $369,399
2015 $5,586 $446,322 $94,513 $351,809
2014 $5,554 $446,322 $94,513 $351,809
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 20076165

MetroList

APN: 048-0231-016