NOT LISTED FOR SALE

7849 Detroit Blvd Sacramento, CA 95832

Meadowview Neighborhood

Estimated Value: $465,340 - $544,000

6 Beds
2 Baths
2,088 Sq Ft
$244/Sq Ft Est. Value

Last Sold November 24, 2020

Last sale price $367,000 $176 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $3,177/month

49 Days on Market

Highlights

  • No HOA
  • Central Air
  • 1-Story Property

About This Home

As of November 2020

This corner duplex located kitty-corner to an Elementary School features 3 beds, 1 full bath, 1 car garage, and 1,044 Sqft per unit. Per seller, total building Square Feet is 2088. County records incorrectly showed 4 beds, 2 full baths, and 1,716 Sqft. Each unit is rented month-to-month for $1,050.00/mo under market price. Light rail station and shopping centers nearby. Some TLC needed. If you're looking for a great income producing multi-family property, this is it. This property will not last long.

Last Agent to Sell the Property

Houa Vang

Berkshire Hathaway Home Services Elite Real Estate License #01430927 Listed on: 08/26/2020

Berkshire Hathaway Home Services Elite Real Estate

Last Buyer's Agent

Molly Mai

Real Broker License #01901896

Real Broker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,866

Year Built

  • Built in 1964

Lot Details

  • 9,583 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Fire and Smoke Detector

Utilities

  • Central Air
  • 220 Volts
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity gas
  • Assessor Parcel Number 053-0095-017-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,866

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1964
  • Stories: 1
  • Number of Three Bedroom Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Disposal,Gas Cook Top
  • Flooring: Carpet,Laminate

Exterior Features

  • Construction Materials: Stucco,Wood
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,None
  • Foundation: Raised
  • Listing Price: 390000.00
  • Roof: Composition
  • View Description: Other

Garage/Parking

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

Utilities

  • Security: Smoke Detector
  • Sewer: Public Sewer,Sewer in Street
  • Utilities: Cable Available
  • Cooling: Central
  • Electric: 220 Volts
  • Heating: See Remarks
  • Water Source: Public

Condo/Co-op/Association

  • Association Features: Public Trans Nearby,Yard Space
  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: R-1
  • Lot Size Acres: 0.2200
  • Lot Size Sq Ft: 9583

Rental Info

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

Multi Family

  • Gross Income: 25200
  • Income Includes: Rent Only
  • Number of Leased Units: 2
  • Number of Month to Month Units: 2
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 053-0095-017-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2020
Closed on
Nov 18, 2020
Sold by
Lee Larry Teng
Bought by
Steele Brian and Steele Nancy
Seller's Agent
Houa Vang
Berkshire Hathaway Home Services Elite Real Estate
Buyer's Agent
Molly Mai
Real Broker
List Price
$390,000
Sold Price
$367,000
Premium/Discount to List
-$23,000
-5.9%
Current Estimated Value
$508,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,585
Avg. Annual Appreciation
7.06%
Original Mortgage
$257,376
Outstanding Balance
$230,071
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$277,461

Purchase Details

Closed on
Aug 16, 2013
Sold by
Xiong Chou and Xiong Bao H
Bought by
Lee Larry Teng

Purchase Details

Closed on
Mar 25, 1997
Sold by
Xiong Chou and Xiong Bao H
Bought by
Xiong Chou and Xiong Bao H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
7.56%
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
Steele Brian $368,000 Orange Coast Ttl Co Of North
Lee Larry Teng $83,000 None Available
Xiong Chou -- Sacramento Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Steele Brian $257,376
Previous Owner Lee Larry Teng $61,000
Previous Owner Xiong Chou $76,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2020 11/24/20 Sold $367,000 -5.9% $176 / Sq Ft
10/14/2020 10/14/20 Pending -- -- --
08/26/2020 08/26/20 For Sale $390,000 -- $187 / 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 $4,866 $397,985 $86,593 $311,392
2024 $4,866 $390,183 $84,896 $305,287
2023 $4,744 $382,533 $83,232 $299,301
2022 $4,678 $375,033 $81,600 $293,433
2021 $4,453 $367,680 $80,000 $287,680
2020 $2,380 $179,337 $44,833 $134,504
2019 $2,331 $175,821 $43,954 $131,867
2018 $2,271 $172,375 $43,093 $129,282
2017 $2,234 $168,997 $42,249 $126,748
2016 $2,171 $165,684 $41,421 $124,263
2015 $2,133 $163,196 $40,799 $122,397
2014 $2,087 $160,000 $40,000 $120,000
Source: Public Records

Agents Affiliated with this Home

  • Houa Vang

    Seller's Agent in 2020

    Houa Vang

    Berkshire Hathaway Home Services Elite Real Estate

    (916) 236-7010

    4 in this area

    23 Total Sales

    Houa Vang
    Section Image
  • Molly Mai

    Buyer's Agent in 2020

    Molly Mai

    Real Broker

    (916) 941-5140

    2 in this area

    61 Total Sales

    Molly Mai
    Section Image
See All Agents

Map

Source: MetroList

MLS Number: 20050630

MetroList

APN: 053-0095-017

California Sacramento County Sacramento 95832 Meadowview

7849 Detroit Blvd, Sacramento, CA

This home is located at 7849 Detroit Blvd, Sacramento, CA 95832 since 26 August 2020 and is currently estimated at $508,585, approximately $243 per square foot. This property was built in 1964. 7849 Detroit Blvd is a home located in Sacramento County with nearby schools including Susan B. Anthony Elementary School, John H. Still School, and Luther Burbank 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.

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