NOT LISTED FOR SALE

7812 68th Ave Sacramento, CA 95828

Estimated Value: $479,000 - $496,000

5 Beds
4 Baths
2,160 Sq Ft
$225/Sq Ft Est. Value

Sale Details

Date Sold: June 16, 2023

Last sale price $450,000 $208 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,011 / mo

88 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Landscaped
  • Side by Side Parking
  • Guest Parking
  • Central Heating

About This Home

As of June 2023

Neatly positioned on 68th Avenue, this multiunit duplex presents a truly unbeatable opportunity to acquire a solid income bearing property, perfect for the astute investor or for homebuyers looking to rent out a neighboring unit. Both units feature separate entrances, and upstairs and downstairs areas, with Unit #1 offering 2 bedrooms and 1 bathroom, and Unit #2 offering 3 bedrooms and 1 bathroom. Contemporary dcor with soft colors and warm wood features create a real sense of welcome and comfort, with a mix of cool tile and comfortable carpet underfoot. The living space in both homes is well-planned, and fenced yards provide perfect spots for outdoor lounging and entertaining. Excellently located, this property maintains convenient access to local amenities, including parks, schools, and public transport links. Walmart Supercenter is a quick 5-minute drive away, and those looking to commute can reach central Sacramento in 20 minutes.

Last Agent to Sell the Property

Lewis Sanders

Realty ONE Group Zoom License #02013170 Listed on: 01/24/2023

Realty ONE Group Zoom

Co-Listed By

Nicole Thagard

Realty ONE Group Zoom License #02128528

Last Buyer's Agent

Lily Nawabi

Blackstone Signature Propertie License #01931228

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Lot Details

  • 7,000 Sq Ft Lot
  • Landscaped

Home Design

  • Duplex
  • Concrete Foundation
  • Slab Foundation
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Carbon Monoxide Detectors
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Laminate
  • Tile

Parking

  • 2 Parking Spaces
  • Carport
  • Side by Side Parking
  • Guest Parking

Utilities

  • Central Heating
  • Hot Water Heating System
  • Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 051-0354-004-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Leased Units
  • 2 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

7,000 Sq Ft Lot

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Apartments
  • Property Subtype 1: Duplex
  • Stories: 2
  • Year Built: 1970
  • Stories: 2
  • Number of Three Bedroom Units: 1
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Tile, Laminate
  • Price Per Square Foot: 208.33

Exterior Features

  • Construction Materials: Concrete, Stucco, Wood
  • Foundation: Concrete, Slab
  • Listing Price: 540000.00
  • Lot Features: Landscape Back, Landscape Front

Garage/Parking

  • Parking Features: Carport, Covered, Side-by-Side, Guest Parking Available
  • Total Parking Spaces: 2.00

Utilities

  • Security: Carbon Mon Detector, Double Strapped Water Heater
  • Sewer: Public Sewer
  • Utilities: Cable Available, City, Electric, Internet Available
  • Cooling: Ceiling Fan(s)
  • Heating: Central, Hot Water
  • Laundry Features: In Common Area, Washer/Dryer Hookups
  • Water Source: Meter on Site, Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Elk Grove Unified

Lot Info

  • Zoning Description: RD-10
  • Irrigation: Public District, Meter on Site
  • Lot Size Acres: 0.1607
  • Lot Size Sq Ft: 7000.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Total # Leasable: 2

Multi Family

  • Income Includes: Laundry,Storage,Parking
  • Number of Leased Units: 2
  • Number of Month to Month Units: 2
  • Number of Units: 2

Tax Info

  • Assessor Parcel Number: 051-0354-004-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2023
Closed on
Jun 13, 2023
Sold by
Johnson Derrick Wayne
Bought by
Murtaza Ghulam Wayne
Seller's Agent
Lewis Sanders
Realty ONE Group Zoom
Buyer's Agent
Lily Nawabi
Blackstone Signature Propertie
List Price
$540,000
Sold Price
$450,000
Premium/Discount to List
-$90,000
-16.67%
Views
424
Current Estimated Value
$485,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,733
Avg. Annual Appreciation
2.75%

Purchase Details

Closed on
Mar 20, 2020
Sold by
Raihman Muntaz A and Raihman Rukshana K
Bought by
Johnson Derrick Wayne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$381,954
Interest Rate
3.12%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 25, 2015
Closed on
Dec 29, 2015
Sold by
Chinn Carol Zem
Bought by
Raihman Muntaz A and Raihman Rukshana K
Seller's Agent
Winnie Cheung
Excel Realty Inc.
Buyer's Agent
Farhad Khan
California Realty Partners
List Price
$229,500
Sold Price
$225,000
Premium/Discount to List
-$4,500
-1.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.78%
Original Mortgage
$168,750
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 3, 2013
Closed on
Dec 4, 2013
Sold by
Baladi John and Nadra Micheline
Bought by
Chinn Carol Zem
Seller's Agent
Pierre Mouhasseb
Allied Real Estate Group
Buyer's Agent
Winnie Cheung
Excel Realty Inc.
List Price
$199,000
Sold Price
$181,000
Premium/Discount to List
-$18,000
-9.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.08%
Original Mortgage
$135,750
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 2008
Sold by
Haddad Anese
Bought by
Nadra Micheline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,200
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 25, 2008
Sold by
Liquidation Properties Inc
Bought by
Baladi John and Nadra Micheline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,200
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 26, 2007
Sold by
Williams Michael L
Bought by
Liquidation Properties Inc

Purchase Details

Closed on
Jan 11, 2007
Sold by
Williams Michael
Bought by
Liquid Assets & Land Investments Inc

Purchase Details

Closed on
Jun 6, 2006
Sold by
Leung Alan and Leung Iris
Bought by
Williams Michael L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,400
Interest Rate
7.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 17, 2003
Sold by
Cao Frank and Nguyen Trang
Bought by
Leung Alan and Leung Iris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,000
Interest Rate
6%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 10, 2003
Sold by
C & M Properties
Bought by
Cao Frank and Nguyen Trang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,500
Interest Rate
5.83%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Nov 26, 2001
Sold by
C & M Properties Lp
Bought by
Wong Christopher

Purchase Details

Closed on
Jan 25, 1998
Sold by
Damour Risso Giovanni and Damour Liseanne
Bought by
C & M Properties Lp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Murtaza Ghulam Wayne $450,000 Old Republic Title Company
Johnson Derrick Wayne $390,000 First American Title Company
Raihman Muntaz A $225,000 Fidelity National Title Co
Chinn Carol Zem $181,000 Placer Title Company
Nadra Micheline -- Cornerstone Title Company
Baladi John -- Cornerstone Title Company
Baladi John -- Cornerstone Title Company
Baladi John $126,000 Cornerstone Title Company
Liquidation Properties Inc $354,309 Landsafe Title
Liquid Assets & Land Investments Inc $5,000 None Available
Williams Michael L $413,000 Stewart Title California Inc
Leung Alan $257,500 Fidelity National Title Co
Cao Frank $210,000 Fidelity National Title Co
Wong Christopher -- --
C & M Properties Lp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnson Derrick Wayne $381,954
Previous Owner Raihman Muntaz A $168,750
Previous Owner Chinn Carol Zem $135,750
Previous Owner Baladi John $88,200
Previous Owner Williams Michael L $330,400
Previous Owner Leung Alan $206,000
Previous Owner Cao Frank $136,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/16/2023 06/16/23 Sold $450,000 -16.7% $208 / Sq Ft
04/22/2023 04/22/23 Pending -- -- --
04/03/2023 04/03/23 For Sale $540,000 0.0% $250 / Sq Ft
03/28/2023 03/28/23 Pending -- -- --
01/24/2023 01/24/23 For Sale $540,000 +140.0% $250 / Sq Ft
01/05/2016 01/05/16 Sold $225,000 -2.0% $104 / Sq Ft View Prior Sale
12/04/2015 12/04/15 Pending -- -- --
10/25/2015 10/25/15 For Sale $229,500 +26.8% $106 / Sq Ft
12/10/2013 12/10/13 Sold $181,000 -9.0% $84 / Sq Ft View Prior Sale
10/27/2013 10/27/13 Pending -- -- --
08/03/2013 08/03/13 For Sale $199,000 -- $92 / Sq Ft
Source: MetroList

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 $5,015 $468,180 $124,848 $343,332
2024 $5,015 $459,000 $122,400 $336,600
2023 $4,466 $409,955 $84,092 $325,863
2022 $7,812 $401,918 $82,444 $319,474
2021 $4,339 $394,038 $80,828 $313,210
2020 $2,730 $243,546 $59,533 $184,013
2019 $2,681 $238,771 $58,366 $180,405
2018 $2,609 $234,090 $57,222 $176,868
2017 $2,564 $229,500 $56,100 $173,400
2016 $2,047 $187,431 $41,421 $146,010
2015 $2,009 $184,616 $40,799 $143,817
2014 $1,977 $181,000 $40,000 $141,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 223005792

MetroList

APN: 051-0354-004

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