NOT LISTED FOR SALE

Estimated Value: $460,000 - $565,000

4 Beds
2 Baths
1,756 Sq Ft
$298/Sq Ft Est. Value

Last Sold July 21, 2016

Last sale price $252,000 $144 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $3,077/month

36 Days on Market

Highlights

  • A-Frame Home
  • Central Heating
  • 1-Story Property
  • No HOA
  • 2 Car Garage

About This Home

As of July 2016

Here's the investment opportunity you've been waiting for. Great duplex in established Citrus Heights neighborhood. Each side consists of 2 bedrooms, 1 bathroom, 1 car garage, laundry hook ups, & central heat/air. Excellent value & cash flow. Tons of potential for this investment property in good shape. Conveniently located near shopping, restaurants, public transportation, & schools. Solid, long-time tenants w/ gross monthly rents @ $1,795/mo. Offered w/ clear roof & pest reports.

Last Agent to Sell the Property

Lawrence Hemsley

Realty Point License #01802624 Listed on: 05/31/2016

Last Buyer's Agent

Elizabeth Dolstad-Young

HomeSmart ICARE Realty License #01942930

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,476

Year Built

  • Built in 1976

Lot Details

  • 5,532

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • A-Frame Home
  • Composition Roof

Utilities

  • Central Heating
  • Cable TV Available

Additional Features

  • 1-Story Property
  • 5,532 Sq Ft Lot

Listing and Financial Details

  • Security Deposit $1,820
  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 243-0255-015-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Units Leased Month-To-Month
  • Insurance Expense $1,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,476

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1976
  • Architectural Style: A-Frame
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher,Free Standing Electric Oven
  • Flooring: Carpet,Tile,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Lap Siding,Wood
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,None
  • Listing Price: 260000.00
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Utilities: Cable Available
  • Cooling: Ceiling Fan(s),Central
  • Heating: Central
  • Utilities Expenses: 1640

Condo/Co-op/Association

  • Association Features: Yard Space
  • Association: No

Schools

  • Senior High School District: San Juan Unified

Lot Info

  • Zoning Description: RD-10
  • Lot Size Acres: 0.1270
  • Lot Size Sq Ft: 5532

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas
  • Total Deposit: 1820
  • Total # Leasable: 2

Multi Family

  • Gross Income: 21540
  • Income Includes: Rent Only
  • Insurance Expense: 1000
  • Number of Leased Units: 2
  • Number of Month to Month Units: 2
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 243-0255-015-0000
  • Current RE Taxes: 2476

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 10, 2019
Sold by
Lee Morefield Rhonda Gayle and Morefield Paul Daniel
Bought by
Lee Morefield Rhonda Gayle and Lee Morefield Revocable Living
Current Estimated Value
$511,825

Purchase Details

Listed on
May 31, 2016
Closed on
Jul 18, 2016
Sold by
Hemsley Lawrence Ellis
Bought by
Morefield Paul and Lee Morefield Rhonda
Seller's Agent
Lawrence Hemsley
Realty Point
Buyer's Agent
Elizabeth Dolstad-Young
HomeSmart ICARE Realty
List Price
$260,000
Sold Price
$252,000
Premium/Discount to List
-$8,000
-3.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.36%

Purchase Details

Listed on
Jan 28, 2014
Closed on
Apr 25, 2014
Sold by
Hemsley Tiffany
Bought by
Hemsley Lawrence Ellis
Seller's Agent
Gordon Edwards
American Home Finance & Lending
Buyer's Agent
Gordon Edwards
American Home Finance & Lending
List Price
$223,000
Sold Price
$207,000
Premium/Discount to List
-$16,000
-7.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.22%
Original Mortgage
$50,000
Interest Rate
4.38%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 19, 2002
Sold by
Clark George D and Clark Koona K
Bought by
Aguirre Henry Alfonso and Aguirre Sandra Capis
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
Lee Morefield Rhonda Gayle -- None Available
Morefield Paul $252,000 Cornerstone Title Company
Hemsley Lawrence Ellis -- Old Republic Title Company
Hemsley Lawrence Ellis $207,000 Old Republic Title Company
Aguirre Henry Alfonso $215,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hemsley Lawrence $50,000
Previous Owner Hemsley Lawrence Ellis $155,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2016 07/21/16 Sold $252,000 -3.1% $144 / Sq Ft
07/06/2016 07/06/16 Pending -- -- --
05/31/2016 05/31/16 For Sale $260,000 +25.6% $148 / Sq Ft
04/30/2014 04/30/14 Sold $207,000 -7.2% $122 / Sq Ft
02/21/2014 02/21/14 Pending -- -- --
01/28/2014 01/28/14 For Sale $223,000 -- $132 / 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 $3,459 $292,460 $92,843 $199,617
2024 $3,459 $286,726 $91,023 $195,703
2023 $3,371 $281,105 $89,239 $191,866
2022 $3,354 $275,594 $87,490 $188,104
2021 $3,298 $270,191 $85,775 $184,416
2020 $3,237 $267,422 $84,896 $182,526
2019 $3,172 $262,180 $83,232 $178,948
2018 $3,136 $257,040 $81,600 $175,440
2017 $3,105 $252,000 $80,000 $172,000
2016 $2,519 $214,354 $64,202 $150,152
2015 $2,476 $211,135 $63,238 $147,897
2014 -- $254,008 $59,067 $194,941
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 16033970

MetroList

APN: 243-0255-015