$399,500
SOLD SEP 21, 2020
4 Beds
4 Baths
2,400 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$166 Per Sq Ft

5 Days on Market

Highlights

  • Traditional Architecture
  • Covered patio or porch
  • 1-Story Property
  • No HOA
  • Tile Flooring

About This Home

As of November 2021

BINGO! Cash in your chips and invest in this! Offering a 4 plex located in Del Paso Heights/North Sacramento area. Just a few minutes away from major freeway access, recreational parks, shopping centers, nightlife, local eateries, Arden Fair Mall and Downtown Sacramento. This is a great opportunity for an investor who wants IMMEDIATE passive income. All 4 units are currently rented out. The building is securely gated with a front yard covered patio facing the large shared grassy area. Each unit has a full sized kitchen with dining room space open to the living area followed by 1-bedroom 1-bathroom and a walk-in closet. The building also has shared indoor laundry washer/dryer hook ups and off-street assigned parking.

Last Agent to Sell the Property

Alexis Thomas

GUIDE Real Estate License #02102504 Listed on: 08/11/2020

Co-Listed By

Ben Marmol

Intero Real Estate Services License #02019279

Last Buyer's Agent

Alexis Thomas

GUIDE Real Estate License #02102504 Listed on: 08/11/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,470

Year Built

  • Built in 1955

Home Design

  • Quadruplex
  • Traditional Architecture
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Tile Flooring

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Cable TV Available

Additional Features

  • Covered patio or porch
  • 6,970 Sq Ft Lot

Listing and Financial Details

  • Security Deposit $6,450
  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 263-0202-005-0000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,470

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1955
  • Architectural Style: Traditional
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Oven,Gas Water Heater,Varies By Unit
  • Flooring: Tile

Exterior Features

  • Construction Materials: Frame,Stucco
  • Disclosures/Documents: Rental/Lease Agmts,None
  • Foundation: Slab
  • Listing Price: 399500.00
  • Patio And Porch Features: Covered Patio
  • Roof: Composition

Garage/Parking

  • Parking Features: 1 Space Per Unit

Utilities

  • Security: Secured Access,Unguarded Gate
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Cooling: Wall Unit(s)
  • Heating: Wall Furnace
  • Water Source: Public
  • Utilities Expenses: 5400

Condo/Co-op/Association

  • Association Features: Patios/Balcony,Yard Space
  • Association: No

Schools

  • Senior High School District: Natomas Unified

Lot Info

  • Zoning Description: R-2B
  • Lot Size Acres: 0.1600
  • Lot Size Sq Ft: 6970

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas
  • Total Deposit: 6450

Multi Family

  • Gross Income: 42540
  • Income Includes: Rent Only
  • Existing Lease Type: See Remarks
  • Number of Leased Units: 4
  • Number of Month to Month Units: 4
  • Number of Units: 4
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 263-0202-005-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2021
Closed on
Nov 12, 2021
Sold by
Nguyen Charles
Bought by
Le Chien Q and Vo Quynh
Seller's Agent
James Smith
Nick Sadek Sotheby's International Realty
Buyer's Agent
Non-MLS Member
Non-MLS Office
Sold Price
$475,000
Current Estimated Value
$554,434

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,434
Avg. Annual Appreciation
4.30%
Original Mortgage
$356,250
Outstanding Balance
$329,849
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$224,585

Purchase Details

Listed on
Aug 11, 2020
Closed on
Sep 18, 2020
Sold by
Flores Josefina L and Flores Bernardo
Bought by
Nguyen Charles
Seller's Agent
Alexis Thomas
GUIDE Real Estate
Buyer's Agent
Alexis Thomas
GUIDE Real Estate
List Price
$399,500
Sold Price
$399,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.09%
Original Mortgage
$319,600
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 2019
Sold by
Flores Bernardo and Flores Josefina L
Bought by
Flores Josefina L and Flores Bernardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,450
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 2019
Sold by
Datt Ishwar and Datt Alka
Bought by
Flores Bernardo and Flores Josefina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 24, 2010
Sold by
Datt Ishwar and Datt Alka
Bought by
Datt Ishwar and Datt Alka

Purchase Details

Closed on
Jul 22, 2008
Sold by
Jpmorgan Chase Bank Na
Bought by
Datt Ishwar and Datt Alka

Purchase Details

Closed on
Jun 29, 2007
Sold by
Keating Jacob
Bought by
Jpmorgan Chase Bank Na

Purchase Details

Closed on
Nov 4, 2005
Sold by
Keating Elsa
Bought by
Keating Jacob

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,000
Interest Rate
5.93%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Nov 1, 2005
Sold by
Mcnary Kenneth and Mcnary Christine
Bought by
Keating Jacob

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,000
Interest Rate
5.93%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 19, 2004
Sold by
Pond Cherie and Pond Jeff
Bought by
Mcnary Kenneth and Mcnary Christine

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
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 2, 2003
Sold by
Anthony John and John Anthony Revocable Family
Bought by
Pond Jeff and Pond Cheri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,700
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 17, 2002
Sold by
Anthony John
Bought by
Anthony John and John Anthony Revocable Family

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
6.7%

Purchase Details

Closed on
Aug 2, 2000
Sold by
Faryniarz Tony R
Bought by
Anthony John and John Anthony Revocable Family

Purchase Details

Closed on
Feb 17, 1998
Sold by
Jbeily Faryniarz Alice
Bought by
Faryniarz Tony R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,200
Interest Rate
6.97%

Purchase Details

Closed on
Feb 13, 1998
Sold by
Landmark Equities Inc
Bought by
Faryniarz Tony R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,200
Interest Rate
6.97%

Purchase Details

Closed on
Sep 16, 1997
Sold by
Berr Edward M
Bought by
Landmark Equities Inc

Purchase Details

Closed on
Apr 10, 1997
Sold by
North Sacramento Land Company
Bought by
Ball Jessie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,800
Interest Rate
7.66%

Purchase Details

Closed on
Apr 4, 1997
Sold by
Ball Jessie M
Bought by
Berr Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,800
Interest Rate
7.66%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $475,000 Placer Title Company
Grant Deed $475,000 Placer Title Company
Grant Deed $399,500 First American Title Company
Interfamily Deed Transfer -- First American Title Company
Grant Deed $325,000 Old Republic Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $126,000 None Available
Trustee Deed $337,702 None Available
Interfamily Deed Transfer -- Fidelity National Title Co
Grant Deed $445,000 Fidelity National Title Co
Grant Deed $420,000 Alliance Title Company
Grant Deed $325,000 Alliance Title Company
Interfamily Deed Transfer -- --
Grant Deed $22,000 Commonwealth Land Title Co
Interfamily Deed Transfer -- North American Title Guarant
Corporate Deed $87,000 North American Title Guarant
Individual Deed -- --
Corporate Deed $500 North American Title Co
Corporate Deed $500 North American Title Co
Individual Deed $70,500 North American Title Co
Individual Deed $70,500 North American Title Co
Interfamily Deed Transfer -- North American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $356,250 New Conventional
Closed $356,250 New Conventional
Previous Owner $319,600 New Conventional
Previous Owner $265,450 New Conventional
Previous Owner $275,000 Purchase Money Mortgage
Previous Owner $89,000 Stand Alone Second
Previous Owner $311,500 Purchase Money Mortgage
Previous Owner $336,000 Purchase Money Mortgage
Previous Owner $308,700 Purchase Money Mortgage
Previous Owner $100,000 Unknown
Previous Owner $98,000 No Value Available
Previous Owner $65,200 No Value Available
Previous Owner $13,100 Credit Line Revolving
Previous Owner $45,800 No Value Available
Closed $10,575 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2021 11/17/21 Sold $475,000 0.0% --
10/01/2021 10/01/21 Off Market $475,000 -- --
09/22/2021 09/22/21 Pending -- -- --
08/20/2021 08/20/21 For Sale -- -- --
08/16/2021 08/16/21 Pending -- -- --
04/17/2021 04/17/21 For Sale $550,000 +37.7% --
09/21/2020 09/21/20 Sold $399,500 0.0% $166 / Sq Ft
08/16/2020 08/16/20 Pending -- -- --
08/11/2020 08/11/20 For Sale $399,500 -- $166 / 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
2024 $6,470 $494,190 $148,257 $345,933
2023 $6,493 $484,500 $145,350 $339,150
2022 $6,138 $475,000 $142,500 $332,500
2021 $5,348 $399,500 $105,000 $294,500
2020 $7,221 $331,500 $102,000 $229,500
2019 $2,422 $145,444 $57,715 $87,729
2018 $2,310 $142,593 $56,584 $86,009
2017 $2,353 $139,798 $55,475 $84,323
2016 $2,179 $137,058 $54,388 $82,670
2015 $2,069 $135,001 $53,572 $81,429
2014 $2,101 $132,357 $52,523 $79,834
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 20046928

MetroList

APN: 263-0202-005