NOT LISTED FOR SALE

7640 Prescott Way Sacramento, CA 95823

Parkway Neighborhood

Estimated Value: $479,000 - $633,425

4 Beds
4 Baths
2,518 Sq Ft
$230/Sq Ft Est. Value

Last Sold January 13, 2021

Last sale price $465,000 $185 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,818/month

6 Days on Market

Highlights

  • No HOA
  • Central Heating
  • 1-Story Property
  • Double Pane Windows
  • Garage

About This Home

As of January 2021

Duplex with tons of curb appeal offering an excellent opportunity for an investor or first time owner-oc buyer! Home is situated on a corner lot with separate entryway access for each side. Each unit features 2 bed/2 full baths with a fireplace, indoor laundry area, attached garage plus a fully fenced backyard for privacy. Master bedrooms boasts en-suite bathroom, walk-in closet and exclusive patio access. The vacant unit is move-in ready with fresh paint, new fixtures and carpet throughout. Come on in and check it out, this opportunity won't be available for long!

Last Agent to Sell the Property

Sam Allen

Grounded R.E. License #01895613 Listed on: 11/13/2020

Last Buyer's Agent

Josh Lasquete

Re/Max Gold Fair Oaks License #01941338

Re/Max Gold Fair Oaks

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,590

Year Built

  • Built in 1969

Lot Details

  • 10,454

Parking

  • Garage

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Double Pane Windows

Additional Features

  • 10,454 Sq Ft Lot
  • Central Heating

Listing and Financial Details

  • Tenant pays for cable tv electricity
  • Assessor Parcel Number 118-0072-032-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings

Building Details

  • 1 Leased Unit
  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,590

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1969
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher,Free Standing Gas Range
  • Other Equipment: None
  • Flooring: Carpet,Tile
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Wood
  • Disclosures/Documents: CC&Rs,None
  • Listing Price: 450000.00
  • Roof: Composition

Garage/Parking

  • Parking Features: Garage

Utilities

  • Cooling: Ceiling Fan(s),Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Elk Grove Unified

Lot Info

  • Zoning Description: R-1
  • Lot Size Acres: 0.2400
  • Lot Size Sq Ft: 10454

Rental Info

  • Tenant Pays: Cable TV,Electricity

Multi Family

  • Gross Income: 13980
  • Income Includes: Rent Only
  • Existing Lease Type: Other
  • Number of Leased Units: 1
  • Number of Vacant Units: 1
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 118-0072-032-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2020
Closed on
Jan 7, 2021
Sold by
Thi Anh Quyen
Bought by
Houser Kurtis
Seller's Agent
Sam Allen
Grounded R.E.
Buyer's Agent
Josh Lasquete
Re/Max Gold Fair Oaks
List Price
$450,000
Sold Price
$465,000
Premium/Discount to List
$15,000
3.33%
Current Estimated Value
$569,390

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,390
Avg. Annual Appreciation
4.85%
Original Mortgage
$475,695
Outstanding Balance
$426,499
Interest Rate
2.71%
Mortgage Type
VA
Estimated Equity
$151,607

Purchase Details

Listed on
Nov 13, 2020
Closed on
Dec 1, 2020
Sold by
Wolfe Capital Investments Llc
Bought by
Houser Kurtis
Seller's Agent
Sam Allen
Grounded R.E.
Buyer's Agent
Josh Lasquete
Re/Max Gold Fair Oaks
List Price
$450,000
Sold Price
$465,000
Premium/Discount to List
$15,000
3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,695
Outstanding Balance
$426,499
Interest Rate
2.71%
Mortgage Type
VA
Estimated Equity
$151,607

Purchase Details

Closed on
Jul 29, 2020
Sold by
Kelly Charles Phillip and The Charles Phillip Kelly Iii
Bought by
Wolfe Capital Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
3.1%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 7, 2018
Sold by
Kelly Charles
Bought by
Kelly Charles Phillip and Charles Phillip Kelly Iii Trus

Purchase Details

Closed on
Nov 27, 2012
Sold by
Lehmkuhl Michael and Kelly Charles
Bought by
Kelley Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
3.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 9, 2008
Sold by
Citibank Na
Bought by
Lehmkuhl Michael and Kelly Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,250
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 9, 2007
Sold by
Tate George
Bought by
Citibank Na

Purchase Details

Closed on
Jun 16, 2005
Sold by
Tate George
Bought by
Tate George

Purchase Details

Closed on
Nov 23, 2004
Sold by
Tate Odester
Bought by
Tate George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,800
Interest Rate
4.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 20, 2004
Sold by
Richardson Shelia and Richardson Shelia L
Bought by
Richardson Shelia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
5.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 2003
Sold by
Richardson Shelia L
Bought by
Richardson Shelia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,200
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 6, 2000
Sold by
Colon Christine Ann and Colon Lea H
Bought by
Richardson Sheila L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,332
Interest Rate
8.24%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 10, 1995
Sold by
Kastanis Terry and Kastanis Penny
Bought by
Colon Christine Ann and Colon Joseph D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,900
Interest Rate
7.74%

Purchase Details

Closed on
Jul 7, 1995
Sold by
Colon Joseph D
Bought by
Colon Christine Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,900
Interest Rate
7.74%
Source: Public Records

Range of Values:

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Average Value
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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
Houser Kurtis -- Chicago Title
Houser Kurtis $465,000 Chicago Title
Wolfe Capital Investments Llc $325,000 Chicago Title
Kelly Charles Phillip -- None Available
Kelley Charles -- Fidelity National Title Co
Lehmkuhl Michael $235,000 First American Title Ins Co
Citibank Na $232,937 Accommodation
Tate George -- --
Tate George -- Financial Title Company
Tate George $251,000 Financial Title Company
Richardson Shelia -- First American Title
Richardson Shelia L -- Financial Title Company
Richardson Sheila L $145,000 Stewart Title
Colon Christine Ann $115,500 Chicago Title Co
Colon Christine Ann -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Houser Kurtis $475,695
Previous Owner Wolfe Capital Investments Llc $292,500
Previous Owner Kelley Charles $172,000
Previous Owner Lehmkuhl Michael $176,250
Previous Owner Tate George $150,000
Previous Owner Tate George $200,800
Previous Owner Richardson Shelia $224,000
Previous Owner Richardson Shelia L $186,200
Previous Owner Richardson Sheila L $148,000
Previous Owner Richardson Sheila L $143,332
Previous Owner Colon Christine Ann $75,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2021 01/13/21 Sold $465,000 +3.3% $185 / Sq Ft
11/19/2020 11/19/20 Pending -- -- --
11/13/2020 11/13/20 For Sale $450,000 -- $179 / 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 $8,590 $503,329 $162,364 $340,965
2024 $8,590 $493,461 $159,181 $334,280
2023 $9,124 $483,786 $156,060 $327,726
2022 $7,561 $474,300 $153,000 $321,300
2021 $5,093 $445,000 $150,000 $295,000
2020 $3,071 $256,523 $70,556 $185,967
2019 $3,015 $251,494 $69,173 $182,321
2018 $2,933 $246,564 $67,817 $178,747
2017 $2,876 $241,731 $66,488 $175,243
2016 $2,722 $236,992 $65,185 $171,807
2015 $2,664 $233,433 $64,206 $169,227
2014 $2,438 $210,000 $70,000 $140,000
Source: Public Records

Agents Affiliated with this Home

  • Sam Allen

    Seller's Agent in 2021

    Sam Allen

    Grounded R.E.

    (916) 662-5771

    1 in this area

    61 Total Sales

    Section Image
  • Josh Lasquete

    Buyer's Agent in 2021

    Josh Lasquete

    RE/MAX

    (916) 967-6400

    1 in this area

    41 Total Sales

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Map

Source: MetroList

MLS Number: 20068602

MetroList

APN: 118-0072-032

California Sacramento County Sacramento 95823 Parkway

7640 Prescott Way, Sacramento, CA

This home is located at 7640 Prescott Way, Sacramento, CA 95823 since 13 November 2020 and is currently estimated at $578,106, approximately $229 per square foot. This property was built in 1969. 7640 Prescott Way is a home located in Sacramento County with nearby schools including Charles E. Mack Elementary School, Samuel Jackman Middle School, and Valley High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MetroList IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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