NOT LISTED FOR SALE

Estimated Value: $476,423 - $534,000

4 Beds
2 Baths
1,710 Sq Ft
$300/Sq Ft Est. Value

Last Sold June 07, 2021

Last sale price $460,000 $269 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,181/month

3 Days on Market

Highlights

  • A-Frame Home
  • No HOA
  • Fenced Yard
  • Corner Lot
  • Covered Patio or Porch
  • Double Pane Windows

About This Home

As of June 2021

A wonderful Turn-Key Cash Flow DUPLEX Opportunity! Both units are 2 bedroom 1 bath in the City of Sacramento near downtown, near schools and the new Delta Shores shopping center - This Duplex has been tastefully updated and just about everything has been done to make this property a turn-key rental. Looking for a Cash Positive rental? Sacramento is the best place to invest in our current market and not often do you find such a fantastic opportunity. Don't let this one get away. Not subject to a 1031 Exchange but perfect for an investor looking to do so and you still haven't found that replacement property to identify? Hey, don't let this one get away! Market Rent Opportunity awaits one lucky person.

Last Agent to Sell the Property

Estella Drake

Dynamic Real Estate License #01461111 Listed on: 05/21/2021

Last Buyer's Agent

Lily Ha

Portfolio Real Estate License #02090067

Portfolio Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,937

Year Built

  • Built in 1962 | Remodeled

Lot Details

  • 7,841 Sq Ft Lot
  • Fenced Yard
  • Landscaped
  • Corner Lot

Parking

  • 1 Car Garage
  • 1 Open Parking Space
  • On-Street Parking

Home Design

  • Duplex
  • A-Frame Home
  • Raised Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1-Story Property
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Window Treatments
  • Window Screens
  • Washer and Dryer Hookup

Kitchen

  • Free-Standing Gas Oven
  • Free-Standing Gas Range
  • Microwave
  • Disposal

Flooring

  • Linoleum
  • Laminate
  • Tile

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Wall Furnace
  • 220 Volts
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 048-0197-010-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,937

Year Built

Built in 1962 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Subtype Description: Apartments
  • Property Subtype 1: Duplex
  • Stories: 1
  • Year Built: 1962
  • Architectural Style: A-Frame, Ranch
  • Levels: One
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Oven, Free Standing Gas Range, Gas Water Heater, Microwave, Disposal, Varies By Unit
  • Flooring: Tile, Laminate, Linoleum, Varies by Unit
  • Price Per Square Foot: 269.01
  • Window Features: Dual Pane Full, Window Coverings, Window Screens

Exterior Features

  • Construction Materials: Stucco, Wood
  • Disclosures/Documents: CC&Rs, Disclosure Package Available, Environmental Hazards Report, Home Protection Plan, Owner Occupies 1 Unit, Preliminary Title Report, Seller Property Questionnaire, Seller Subject to TDS, Transfer Disclosure Statement
  • Exterior Features: Fenced Yard, Yard Space
  • Foundation: Raised
  • Listing Price: 450000.00
  • Lot Features: Corner, Landscape Front, Other
  • Patio And Porch Features: Covered Patio, Varies by Unit
  • Property Condition: Updated/Remodeled, Original
  • Roof: Composition
  • View Description: Other

Garage/Parking

  • Open Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Street, Garage
  • Total Parking Spaces: 2

Utilities

  • Security: Carbon Mon Detector, Smoke Detector
  • Sewer: Sewer Connected, Public Sewer
  • Utilities: Cable Available, City, Internet Available
  • Cooling: Wall Unit(s), Window Unit(s)
  • Electric: 220 Volts
  • Heating: Wall Furnace
  • Laundry Features: Washer/Dryer Hookups
  • Water Source: Public
  • Separate Meters: Electricity,Gas,Water

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: R-1
  • Irrigation: Public District, Meter on Site
  • Lot Size Acres: 0.1800
  • Lot Size Sq Ft: 7841

Green Features

  • Energy Efficient: Windows

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas
  • Lease Term: Other
  • Owner Occupied Units: 1
  • Total # Leasable: 2

Multi Family

  • Income Includes: Other
  • Number of Units: 2
  • Number of Vacant Units: 1
  • Units Furnished: None
  • Two Bedroom Annual Occupancy: 1
  • Two Bedrooms Occupied: 1
  • 1 Bedroom Rent Range: 0
  • Two Bedroom Rent Range: Owner occupied - Other side vacant
  • Three Bedroom Rent Range: 0
  • Four Bedroom Rent Range: 0
  • Studio Rent Range: 0

Tax Info

  • Assessor Parcel Number: 048-0197-010-0000
  • Bonds/Assessments/Taxes Description: Transfer Tax County,1915,Local Assessments
  • Bonds/Assessments/Taxes: Yes

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2021
Closed on
Jun 1, 2021
Sold by
Hampton Eric Joseph and Hampton Steven Matthew
Bought by
Bulutogiu Ferit
Seller's Agent
Estella Drake
Dynamic Real Estate
Buyer's Agent
Lily Ha
Portfolio Real Estate
List Price
$450,000
Sold Price
$460,000
Premium/Discount to List
$10,000
2.22%
Current Estimated Value
$513,106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,106
Avg. Annual Appreciation
2.52%

Purchase Details

Closed on
Jan 6, 2015
Sold by
Buich Heather and Alan W Hampton Living Trust
Bought by
Hampton Eric Joseph and Hampton Steven Matthew

Purchase Details

Closed on
Aug 24, 2009
Sold by
Carter Stewart and Carter Kendra
Bought by
Hampton Alan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,250
Interest Rate
5.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2005
Sold by
Carter Stewart
Bought by
Carter Stewart and Carter Kendra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
7.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 14, 1998
Sold by
Hud
Bought by
Carter Stewart

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,000
Interest Rate
6.89%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 4, 1997
Sold by
Toney Marshall
Bought by
Source One Mtg Services Corp

Purchase Details

Closed on
Dec 3, 1997
Sold by
Source One Mtg Services Corp
Bought by
Hud
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
Bulutogiu Ferit $460,000 Old Republic Title Company
Hampton Eric Joseph -- None Available
Hampton Alan $95,000 Placer Title Company
Carter Stewart -- Placer Title Company
Carter Stewart $51,000 Stewart Title
Source One Mtg Services Corp $104,470 --
Hud -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hampton Alan $71,250
Previous Owner Carter Stewart $312,000
Previous Owner Carter Stewart $74,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2021 06/07/21 Sold $460,000 +2.2% $269 / Sq Ft
05/24/2021 05/24/21 Pending -- -- --
05/21/2021 05/21/21 For Sale $450,000 -- $263 / 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 $5,937 $497,917 $86,593 $411,324
2024 $5,937 $488,155 $84,896 $403,259
2023 $5,790 $478,584 $83,232 $395,352
2022 $5,706 $469,200 $81,600 $387,600
2021 $1,557 $113,280 $39,348 $73,932
2020 $1,560 $112,119 $38,945 $73,174
2019 $1,528 $109,922 $38,182 $71,740
2018 $1,488 $107,768 $37,434 $70,334
2017 $1,462 $105,655 $36,700 $68,955
2016 $1,428 $103,584 $35,981 $67,603
2015 $1,401 $102,029 $35,441 $66,588
2014 $1,374 $100,031 $34,747 $65,284
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 221049704

MetroList

APN: 048-0197-010