NOT LISTED FOR SALE

Estimated Value: $731,837 - $883,000

8 Beds
5 Baths
900 Sq Ft
$906/Sq Ft Est. Value

Sale Details

Date Sold: December 23, 2021

Last sale price $730,000 $811 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,949 / mo

143 Days on Market

About This Home

As of December 2021

Fantastic, well maintained fully occupied McCuen 4-plex with long term tenants in Northrop Estates. Located just beyond the J St Bridge close to East Sac, Sac State, the Fair Oaks Blvd business/entertainment corridor & the American River Bike Trail in the San Juan Unified School District on a cul-de-sac street. Walking distance to Swanston Park with tennis & basketball courts & water park. Easy commute to Downtown, Business 80 & Highway 50. Neighborhood residents enjoy an HOA community pool. Four secure interior garage spaces with garage doors with 2 additional off street parking spaces. Building includes on-site secure laundry room with full size washer & dryer. Owner benefits from a unique unit configuration that includes one 3 bed, 2 bath unit, one 1 bed, 1 bath unit & two 2 bed, 1 bath units. Current rents are below market with lots of upside for the new owner. Newer dual pane windows. Excellent purchase opportunity in a proven rental market surrounded by a substantial job base.

Last Agent to Sell the Property

Ted Russert

RE/MAX Gold Midtown License #01221064 Listed on: 07/01/2021

RE/MAX Gold Midtown

Last Buyer's Agent

Eric Winokur

Eric Winokur License #01438545

Property Details

Home Type

  • Apartment

Year Built

  • 1965

Lot Details

  • 7,405

HOA Fees

  • $33 per month

Parking

  • 4

Community Details

  • Mandatory Home Owners Association

Property Details

Home Type

Apartment

Year Built

1965

Lot Details

7,405 Sq Ft Lot

HOA Fees

$33 per month

Parking

4

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Apartments
  • Property Sub Type: Quadruplex
  • Number of Three Bedroom Units: 1
  • CapRate: 3.55
  • Directions: From intersection of Howe Avenue and Fair Oaks Blvd. go north on Howe Avenue; right on Northrop Avenue through stop sign at Bell Street; right on Carro Drive to address on right side of street after Carro Drive makes a sharp left turn.
  • Building Stories: 2
  • Subdivision Name: Northrop Estates
  • Special Features: None
  • Stories: 2
  • Year Built: 1965

Interior Features

  • Flooring: Carpet, Tile, Linoleum
  • Number Of Buildings: 1
  • Stories: 2

Exterior Features

  • Roof: Composition
  • Exterior Features: Yard Space
  • Foundation Details: Slab
  • Construction Type: Stone, Stucco, Frame, Wood, Wood Siding
  • Lot Features: Cul-De-Sac, Curbs/Gutters, Sidewalk, Landscape Front
  • Patio And Porch Features: Balcony/Deck, Uncovered Deck

Garage/Parking

  • Parking Features: Attached, Side-by-Side, Garage, Uncovered
  • Garage Spaces: 4.00
  • Open Parking Spaces: 2.00
  • Total Parking Spaces: 6.00

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Central
  • Separate Meters: Electricity,Gas
  • Electric: 220 Volts
  • Laundry Features: In Common Area, Other
  • Security: Carbon Mon Detector, Fire Extinguisher, Smoke Detector
  • Sewer: In & Connected
  • Utilities: Natural Gas Connected, Cable Available, Internet Available
  • Water Source: Water District, Public

Association/Amenities

  • Mandatory Association: Yes

Condo/Co-op/Association

  • Amenities: Pool
  • Association Fee: 100
  • Association Fee Frequency: Quarterly
  • Association Name: Northrop Estates Cabana Club #2
  • Phone: (916) 487-1332
  • Association: Yes

Fee Information

  • Association Fee Includes: 0

Schools

  • Junior High Dist: San Juan Unified

Lot Info

  • Lot Size Sq Ft: 7780.00
  • Zoning Description: RD-20

Rental Info

  • Tenant Pays: Electricity, Gas

Tax Info

  • Bonds/Assessments/Taxes: Unknown

Multi Family

  • One Bedrooms Occupied: 1
  • Two Bedrooms Occupied: 2
  • Three Bedrooms Occupied: 1
  • Annual Gross Income: 46440
  • Income Includes: Rent Only
  • Insurance Expense: 3000
  • Maintenance Expense: 1200
  • Number of Month to Month Units: 4
  • Number Of Units Total: 4

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2024
Sold by
Moran Vienna
Bought by
2024 Vienna Moran Revocable Trust and Moran
Current Estimated Value
$772,159

Purchase Details

Listed on
Jul 1, 2021
Closed on
Dec 17, 2021
Sold by
Wayne And Debbie Takahashi Living Trust
Bought by
Moran Vienna
Seller's Agent
Ted Russert
RE/MAX Gold Midtown
Buyer's Agent
Eric Winokur
Eric Winokur
Sold Price
$730,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.63%
Original Mortgage
$438,000
Interest Rate
2.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 6, 2016
Sold by
Takahashi Wayne and Takahashi Debbie
Bought by
Takahashi Wayne and Takahashi Debbie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,200
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 7, 2016
Sold by
Takahashi Wayne and Takahashi Debbie
Bought by
Wayne & Debbie Takahashi Living Trust

Purchase Details

Listed on
Jul 26, 2013
Closed on
Aug 29, 2013
Sold by
Jones Gary E and Jones Kerri
Bought by
Takahashi Wayne and Takahashi Debbie
Seller's Agent
Kara Talaska
Coldwell Banker Realty
Buyer's Agent
Ted Russert
RE/MAX Gold Midtown
List Price
$330,000
Sold Price
$330,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.46%
Original Mortgage
$247,500
Interest Rate
4.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 10, 2003
Sold by
Keenan Darren D and Keenan Roxane R
Bought by
Jones Gary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.82%

Purchase Details

Closed on
Apr 22, 1996
Sold by
Pommells Lyndon R and Lyndon R Pommells 1985 Trust
Bought by
Keenan Darren D and Grissom Roxane R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,205
Interest Rate
7.84%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 3, 1993
Sold by
Pommells Lyndon R
Bought by
Pommells Lyndon R and The Lyndon R Pommells 1985 Tru
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
2024 Vienna Moran Revocable Trust -- None Listed On Document
Moran Vienna $730,000 Placer Title
Moran Vienna $730,000 Placer Title Company
Takahashi Wayne -- Old Republic Title Company
Takahashi Wayne -- Old Republic Title Company
Wayne & Debbie Takahashi Living Trust -- None Available
Takahashi Wayne $330,000 Fidelity National Title Co
Jones Gary E -- Fidelity National Title Co
Jones Gary E $386,000 Placer Title Company
Jones Gary E -- Placer Title Company
Keenan Darren D $180,000 American Title Ins Co
Pommells Lyndon R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moran Vienna $438,000
Previous Owner Takahashi Wayne $237,200
Previous Owner Jones Gary E $247,500
Previous Owner Jones Gary E $180,000
Previous Owner Keenan Darren D $175,205
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/23/2021 12/23/21 Sold $730,000 0.0% $811 / Sq Ft
11/21/2021 11/21/21 Pending -- -- --
11/17/2021 11/17/21 For Sale -- -- --
11/03/2021 11/03/21 Pending -- -- --
10/29/2021 10/29/21 For Sale -- -- --
10/15/2021 10/15/21 Pending -- -- --
10/01/2021 10/01/21 For Sale -- -- --
10/01/2021 10/01/21 Off Market $730,000 -- --
07/01/2021 07/01/21 For Sale $785,000 +137.9% $872 / Sq Ft
09/04/2013 09/04/13 Sold $330,000 0.0% -- View Prior Sale
07/30/2013 07/30/13 Pending -- -- --
07/25/2013 07/25/13 For Sale $330,000 -- --
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 $9,526 $774,681 $212,241 $562,440
2024 $9,526 $759,492 $208,080 $551,412
2023 $9,290 $744,600 $204,000 $540,600
2022 $9,237 $730,000 $200,000 $530,000
2021 $4,938 $373,721 $112,115 $261,606
2020 $4,850 $369,890 $110,966 $258,924
2019 $4,757 $362,639 $108,791 $253,848
2018 $4,671 $355,529 $106,658 $248,871
2017 $4,660 $348,559 $104,567 $243,992
2016 $4,318 $341,725 $102,517 $239,208
2015 $4,247 $336,593 $100,978 $235,615
2014 $4,162 $330,000 $99,000 $231,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 221077489

MetroList

APN: 294-0021-011

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