NOT LISTED FOR SALE

Estimated Value: $531,000 - $838,000

8 Beds
4 Baths
3,738 Sq Ft
$172/Sq Ft Est. Value

Last Sold January 24, 2014

Last sale price $260,000 $70 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $3,746/month

61 Days on Market

Highlights

  • Double Pane Windows
  • Wood Siding
  • 4-minute walk to Steve Jones Park
  • Central Heating and Cooling System
  • Carpet

About This Home

As of January 2014

Beautiful remodeled 4 unit apartment. Each unit has 2 bedrooms, 1 bath with 1 car parking. New kitchen, bath, and new paint. Easy to show with lockbox.

Last Agent to Sell the Property

Henry Low

Prime Metropolis Prop., Inc. License #00852797 Listed on: 11/20/2013

Co-Listed By

Xing Lei

Land & Property Invstmt, Inc. License #01898830

Last Buyer's Agent

Colin MacDonald

Empyrean Real Estate License #01496015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,322

Year Built

  • Built in 1970

Lot Details

  • 6,098

Home Design

  • Quadruplex
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 2-Story Property
  • Double Pane Windows
  • Carpet
  • Free-Standing Electric Range

Additional Features

  • 6,098 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 4 Units
  • 4 Vacant Units

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Assessor Parcel Number 048-0231-019

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,322

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Other Equipment: None
  • Stories: 2
  • Year Built: 1970
  • Special Features: None

Interior Features

  • Appliances: Free Standing Electric Range, Free Standing Refrigerator
  • Flooring: Carpet, LVYN
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Stucco, Wood
  • Roof: Composition

Garage/Parking

  • Parking Features: SPC1

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Association Features: Public Trans Nearby

Schools

  • School District: Sacramento

Lot Info

  • Assessor Parcel Number: 048-0231-019
  • Lot Size Acres: 0.1400
  • Lot Size Sq Ft: 6098.00
  • Lot Size Units: SqFt
  • Price Per Acre: 1857142.86
  • Zoning: R-3

Rental Info

  • Tenant Pays: Cable TV, Electricity
  • Existing Lease Type: See Remarks
  • Units Furnished: All Units

Building Info

  • Number of Units Total: 4

Multi Family

  • Number Of Units Vacant: 4
  • Number of 2 Bedroom Units: 4
  • Total Number Leasable: 4

MLS Schools

  • School District County: Sacramento
  • Senior High School District: Sacramento Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2013
Closed on
Jan 15, 2014
Sold by
Lei Qi Feng and Lei Xing Bo
Bought by
Bustos Miranda Javier Garcia and Bustos Miranda Mercedes
Seller's Agent
Henry Low
Prime Metropolis Prop., Inc.
Buyer's Agent
Colin MacDonald
Empyrean Real Estate
List Price
$260,000
Sold Price
$260,000
Current Estimated Value
$641,253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$381,253
Avg. Annual Appreciation
7.85%
Original Mortgage
$195,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 3, 2011
Sold by
Klh Properties Inc
Bought by
Lei Qi Feng and Lei Xing Bo

Purchase Details

Closed on
Aug 8, 2009
Sold by
Vega Richard J and Vega Norma A
Bought by
Klh Properties Inc

Purchase Details

Closed on
Oct 31, 2008
Sold by
Vega Ricardo J and Vega Norma A
Bought by
Locke Catherine W and Thurston Susan W

Purchase Details

Closed on
Nov 24, 2003
Sold by
Fort Sutter Development Corp Inc
Bought by
Vega Ricardo J and Vega Norma A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
4.1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 6, 2003
Sold by
Wheeler James H and Wheeler Susan L
Bought by
Fort Sutter Development Corp Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
4.1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 21, 2003
Sold by
Fort Sutter Development Corp Inc
Bought by
Wheeler James H and Wheeler Susan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 22, 1999
Sold by
Washington Mutual Bank Fa
Bought by
Fort Sutter Development Corp Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,500
Interest Rate
6.98%

Purchase Details

Closed on
Oct 9, 1998
Sold by
Williams Samuel and Williams Lynette A
Bought by
Washington Mutual Bank Fa and Home Svgs Of America Fsb

Purchase Details

Closed on
Nov 28, 1994
Sold by
Longueville Annie and Fuller Peter G
Bought by
Williams Samuel and Williams Lynette A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
8.9%
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
Bustos Miranda Javier Garcia $260,000 Fidelity National Title Co
Lei Qi Feng $155,000 Placer Title Company
Klh Properties Inc $113,600 None Available
Locke Catherine W $112,152 First American Title Company
Vega Ricardo J $300,000 Alliance Title Company
Fort Sutter Development Corp Inc -- Alliance Title Company
Wheeler James H -- Alliance Title Company
Fort Sutter Development Corp Inc $59,000 Chicago Title Co
Washington Mutual Bank Fa $81,000 Stewart Title
Williams Samuel $115,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miranda Javier Garcia $190,000
Closed Bustos Miranda Javier Garcia $195,000
Previous Owner Klh Properties Inc $100,000
Previous Owner Vega Ricardo J $100,000
Previous Owner Vega Ricardo J $240,000
Previous Owner Wheeler James H $196,000
Previous Owner Fort Sutter Development Corp Inc $186,200
Previous Owner Fort Sutter Development Corp Inc $74,500
Previous Owner Williams Samuel $92,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2014 01/24/14 Sold $260,000 0.0% $70 / Sq Ft
01/20/2014 01/20/14 Pending -- -- --
11/20/2013 11/20/13 For Sale $260,000 -- $70 / Sq Ft
Source: San Francisco Association of REALTORS® MLS

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 $4,322 $318,711 $95,610 $223,101
2024 $4,322 $312,463 $93,736 $218,727
2023 $4,206 $306,338 $91,899 $214,439
2022 $4,161 $300,333 $90,098 $210,235
2021 $3,961 $294,445 $88,332 $206,113
2020 $3,972 $291,427 $87,427 $204,000
2019 $3,891 $285,713 $85,713 $200,000
2018 $3,790 $280,112 $84,033 $196,079
2017 $3,727 $274,621 $82,386 $192,235
2016 $3,582 $269,237 $80,771 $188,466
2015 $3,516 $265,194 $79,558 $185,636
2014 $2,298 $158,817 $47,133 $111,684
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Francisco Association of REALTORS® MLS

MLS Number: 13068137

San Francisco Association of REALTORS® MLS

APN: 048-0231-019