NOT LISTED FOR SALE

Estimated Value: $705,000 - $843,000

9 Beds
5 Baths
3,636 Sq Ft
$220/Sq Ft Est. Value

Last Sold June 10, 2024

Last sale price $820,000 $226 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $4,694/month

12 Days on Market

Highlights

  • Private Lot
  • Fireplace
  • Garden
  • No HOA
  • Security Gate
  • Landscaped

About This Home

As of June 2024

7601-7607 San Simeon Drive is a turnkey, well maintained fourplex located in a residential neighborhood of Citrus Heights. The property includes (3) 2 bedroom, 1 bathroom units, and (1) 3 bedroom, 2 bathroom unit. Two of the four units have their own private backyard. Three units have new HVAC systems. The property has a brand new roof. With room to grow rents, 7601-7607 presents a lucky buyer a tremendous investment opportunity with little to no work needed.

Last Agent to Sell the Property

Tim Swanston

North Coast Commercial, Inc. License #01887506 Listed on: 05/09/2024

North Coast Commercial, Inc.

Last Buyer's Agent

Non-MLS Member

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,166

Year Built

  • Built in 1964

Lot Details

  • 0.28 Acre Lot
  • Landscaped
  • Private Lot
  • Garden

Home Design

  • Quadruplex
  • Garden Apartment
  • Brick Exterior Construction
  • Slab Foundation
  • Wood Siding

Interior Spaces

  • 3,636 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Fireplace
  • Laminate Flooring
  • Security Gate

Parking

  • 8 Parking Spaces
  • Carport
  • On-Street Parking
  • Off-Street Parking

Utilities

  • Central Heating and Cooling System
  • Separate Meters
  • Natural Gas Connected
  • Property is located within a water district

Listing and Financial Details

  • Assessor Parcel Number 243-0251-012-0000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 4 Units Leased Month-To-Month
  • Net Lease

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,166

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Subtype Description: Apartments, Garden Apartments
  • Property Subtype 1: Quadruplex
  • Year Built: 1964
  • Stories: 2
  • Number of Two Bedroom Units: 3
  • Number of Three Bedroom Units: 1
  • ResoPropertyType: ResidentialIncome
  • Number Of2 Bedrooms Occupied: 3
  • Number Of3 Bedrooms Occupied: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Laminate
  • Price Per Square Foot: 225.52
  • Square Footage: 3636.00

Exterior Features

  • Construction Materials: Brick Veneer, Wood Siding
  • Foundation: Slab
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 825000.00
  • Lot Features: Private, Garden, Landscape Back, Landscape Front
  • New Construction: No
  • Pool: No
  • Spa: No

Garage/Parking

  • Parking Features: Off Street, Carport, Street
  • Total Parking Spaces: 8.00

Utilities

  • Security: Security Gate
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, Electric
  • Cooling: Ceiling Fan(s), Central
  • Heating: Central, Fireplace(s)
  • Laundry Features: In Common Area
  • Water Source: Water District
  • Separate Meters: Common Area Meter, Electricity, Gas

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: RD10 - MEDIUM DENSITY RESIDENTIAL
  • Irrigation: None
  • Lot Size Acres: 0.2760
  • Lot Size Sq Ft: 12023.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Expiration Date: 1800-01-011800-01-01
  • Lease Type: Net

Multi Family

  • Income Includes: ["Rent Only"]
  • Total Number Leasable: 4
  • Number of Leased Units: 4
  • Number of Month to Month Units: 4
  • Number of Units: 4
  • Two Bedroom Annual Occupancy: 100
  • Three Bedroom Annual Occupancy: 100

Tax Info

  • Assessor Parcel Number: 243-0251-012-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 19, 2010
Sold by
Orozco Margarita
Bought by
Orozco Margarita and Orozco 2002 Living Trust
Current Estimated Value
$799,251

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,250
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2010
Sold by
Sepahmansour Faramarz
Bought by
Orozco Margarita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,250
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 2009
Sold by
Williams Judith A
Bought by
Sepahmansour Faramarz

Purchase Details

Closed on
Jun 14, 1999
Sold by
Delbrocco Peter and Delbrocco Mary L
Bought by
Williams Judith A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,500
Interest Rate
4.45%
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
Orozco Margarita -- None Available
Orozco Margarita $275,000 Chicago Title Company
Sepahmansour Faramarz -- Chicago Title Company
Sepahmansour Faramarz $186,000 None Available
Williams Judith A $180,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Orozco Margarita $191,000
Closed Sepahmansour Faramarz $206,250
Previous Owner Williams Judith A $420,000
Previous Owner Williams Judith A $297,500
Previous Owner Williams Judith A $161,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2024 06/10/24 Sold $820,000 -0.6% $226 / Sq Ft
05/21/2024 05/21/24 Pending -- -- --
05/09/2024 05/09/24 For Sale $825,000 -- $227 / 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 $4,166 $836,400 $193,800 $642,600
2024 $4,166 $345,404 $62,797 $282,607
2023 $4,060 $338,632 $61,566 $277,066
2022 $4,039 $331,993 $60,359 $271,634
2021 $3,973 $325,484 $59,176 $266,308
2020 $3,899 $322,148 $58,570 $263,578
2019 $4,243 $315,832 $57,422 $258,410
2018 $3,928 $309,641 $56,297 $253,344
2017 $3,740 $303,571 $55,194 $248,377
2016 $3,539 $297,619 $54,112 $243,507
2015 $3,434 $293,150 $53,300 $239,850
2014 $3,363 $287,408 $52,256 $235,152
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 224049077

MetroList

APN: 243-0251-012