NOT LISTED FOR SALE

7811 Glen Echo St Citrus Heights, CA 95610

Estimated Value: $548,201 - $616,000

4 Beds
2 Baths
1,925 Sq Ft
$301/Sq Ft Est. Value

Last Sold April 15, 2020

Last sale price $449,000 $233 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $3,546/month

4 Days on Market

Highlights

  • No HOA
  • Solar Light Tubes
  • 1-Story Property

About This Home

As of April 2020

Awesome Citrus Heights location!!! Tenant and Owner occupied-ideal for living in one side and renting the other. This property has been rented for the past 4 years at $1395 and tenant just left. It has had a great rental history with a very low vacancy rate. Both sides were remodeled in 2007 with granite counter-tops and cabinets in the kitchens, dual pane windows, cabinets/floors/solar tubes in the bathrooms, etc. The Property Management Company indicated that the rents could be $1595/month per side. Potentially great cash flow. Check them out and write an Offer !

Last Agent to Sell the Property

David Sirsi

Realty ONE Group Complete License #00654342 Listed on: 02/24/2020

Realty ONE Group Complete

Last Buyer's Agent

Roger Qutami

Excel Realty Inc. License #01749289

Excel Realty Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,695

Year Built

  • Built in 1971

Lot Details

  • 7,841

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage
  • 1 Parking Space Included

Home Design

  • Duplex
  • Slab Foundation

Interior Spaces

  • Solar Light Tubes
  • 1-Story Property

Additional Features

  • 7,841 Sq Ft Lot
  • 220 Volts

Listing and Financial Details

  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 216-0223-003-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Hillcrest 05 Subdivision

Building Details

  • 1 Vacant Unit
  • Insurance Expense $2,146
  • Operating Expense $1,248

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,695

Year Built

Built in 1971

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1971
  • Architectural Style: Ranch
  • Stories: 1
  • Subdivision: Hillcrest 05
  • Number of Two Bedroom Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2007

Interior Features

  • Appliances: Dishwasher,Disposal,Free Standing Gas Oven,Free Standing Gas Range,Gas Water Heater,Microwave,Plumbed For Ice Maker,Self/Cont Clean Oven,Varies By Unit
  • Interior Amenities: Skylight Tube
  • Other Equipment: Varies by Unit
  • Flooring: Carpet,Concrete,Varies by Unit,See Remarks,Linoleum/Vinyl
  • Window Features: Dual Pane Full,Window Coverings

Exterior Features

  • Construction Materials: Frame,Lap Siding,Stone,Stucco,Wood
  • Disclosures/Documents: CC&Rs,Owner Occupies 1 Unit,Roof Inspection,Structural Pest Control Report,Transfer Disclosure Statement
  • Foundation: Slab
  • Listing Price: 449750.00
  • Patio And Porch Features: Covered Patio,Uncovered Patio
  • Roof: Composition,See Remarks

Garage/Parking

  • Open Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Garage,Street,1 Space Per Unit

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Cable Available,Cable Connected
  • Cooling: Ceiling Fan(s),Central,Whole House Fan
  • Electric: 220 Volts
  • Heating: Central,Natural Gas
  • Water Source: Meter on Site,Public
  • Utilities Expenses: 2736

Condo/Co-op/Association

  • Association Features: Owner's Unit,Public Trans Nearby,Yard Space
  • Association: No

Schools

  • Senior High School District: San Juan Unified

Lot Info

  • Zoning Description: Duplex
  • Lot Size Acres: 0.1800
  • Lot Size Sq Ft: 7841

Rental Info

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

Multi Family

  • Gross Income: 5125
  • Operating Expense: 1248
  • Income Includes: Rent Only
  • Existing Lease Type: See Remarks
  • Insurance Expense: 2146
  • Number of Units: 2
  • Number of Vacant Units: 1
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 216-0223-003-0000
  • Current RE Taxes: 3695
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2020
Closed on
Apr 8, 2020
Sold by
Zechlin Kimberly Goldstein
Bought by
Hameed Sam
Seller's Agent
David Sirsi
Realty ONE Group Complete
Buyer's Agent
Roger Qutami
Excel Realty Inc.
List Price
$449,750
Sold Price
$449,000
Premium/Discount to List
-$750
-0.17%
Current Estimated Value
$580,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,300
Avg. Annual Appreciation
4.82%
Original Mortgage
$440,867
Outstanding Balance
$387,426
Interest Rate
2.75%
Mortgage Type
FHA
Estimated Equity
$192,874

Purchase Details

Closed on
Sep 10, 2002
Sold by
Revoca Bradley Lasly Goldstein and Revoca Samuel A Goldstein 1989
Bought by
Gunter Ernest J and Glen Echo Trust #7811-7813

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
6.09%
Mortgage Type
Unknown
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
Hameed Sam $449,000 Chicago Title Company
Gunter Ernest J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hameed Sam $440,867
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2020 04/15/20 Sold $449,000 -0.2% $233 / Sq Ft
02/28/2020 02/28/20 Pending -- -- --
02/24/2020 02/24/20 For Sale $449,750 -- $234 / 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 $5,788 $491,043 $98,426 $392,617
2024 $5,788 $481,416 $96,497 $384,919
2023 $5,641 $471,977 $94,605 $377,372
2022 $5,611 $462,723 $92,750 $369,973
2021 $5,518 $453,651 $90,932 $362,719
2020 $991 $81,264 $14,372 $66,892
2019 $3,696 $79,672 $14,091 $65,581
2018 $3,511 $78,111 $13,815 $64,296
2017 $3,024 $76,581 $13,545 $63,036
2016 $2,255 $75,080 $13,280 $61,800
2015 $2,167 $73,953 $13,081 $60,872
2014 $2,078 $72,505 $12,825 $59,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 20007699

MetroList

APN: 216-0223-003