NOT LISTED FOR SALE

Estimated Value: $623,918 - $772,000

8 Beds
4 Baths
3,600 Sq Ft
$195/Sq Ft Est. Value

Last Sold February 26, 2015

Last sale price $280,700 $78 Per Sq Ft

Est. 150% increase in value since last sale

Current estimated payment $4,230/month

69 Days on Market

About This Home

As of February 2015

Great investment opportunity with this fourplex located near Sac State, golf courses, shopping, Woodside condo complex, freeways and a walk to the American River.

Last Agent to Sell the Property

Tom Gonsalves

Gonsalves Real Estate Properties License #01460204 Listed on: 11/13/2014

Last Buyer's Agent

Ed Favinger

NextHome Haven Properties License #00812744

NextHome Haven Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,399

Year Built

  • Built in 1965

Lot Details

  • 8,703 Sq Ft Lot

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 4 Open Parking Spaces

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Fire and Smoke Detector
  • Built-In Electric Oven

Utilities

  • Window Unit Cooling System
  • Central Heating
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 294-0022-014-0000

Community Details

Overview

  • 4 Units

Building Details

  • 2 Leased Units
  • 2 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,399

Year Built

Built in 1965

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1965
  • Stories: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Electric Oven
  • Flooring: Carpet,Laminate,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Frame,Stucco,Wood
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,None
  • Listing Price: 299000.00
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 4
  • Parking Features: Carport,Street

Utilities

  • Security: Smoke Detector
  • Utilities: Cable Available
  • Cooling: Window Unit(s)
  • Heating: Central

Condo/Co-op/Association

  • Association Features: Cabana Club,Pool,None
  • Association Fee: 100
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

  • Senior High School District: San Juan Unified

Lot Info

  • Zoning Description: RD-20
  • Lot Size Acres: 0.1998
  • Lot Size Sq Ft: 8703

Rental Info

  • Tenant Pays: Electricity
  • Total # Leasable: 4

Multi Family

  • Gross Income: 33600
  • Income Includes: Coin Operated Equipment
  • Number of Leased Units: 2
  • Number of Units: 4
  • Number of Vacant Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 294-0022-014-0000

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2023
Sold by
Penkala Margaret Michele and Penkala Donald
Bought by
Penkala Family Trust and Penkala
Current Estimated Value
$702,980

Purchase Details

Listed on
Nov 13, 2014
Closed on
Feb 23, 2015
Sold by
Lee John and Lee Christine
Bought by
Penkala Margaret Michele and Penkala Donald
Seller's Agent
Tom Gonsalves
Gonsalves Real Estate Properties
Buyer's Agent
Ed Favinger
NextHome Haven Properties
List Price
$330,000
Sold Price
$280,700
Premium/Discount to List
-$49,300
-14.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.46%
Original Mortgage
$196,490
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 26, 2013
Closed on
May 28, 2013
Sold by
Catelli Lou
Bought by
Lee John and Lee Christine
Seller's Agent
Ron Benning
LPT Realty, Inc
Buyer's Agent
Rico Castillo
Coldwell Banker Realty
List Price
$260,000
Sold Price
$265,000
Premium/Discount to List
$5,000
1.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.36%
Original Mortgage
$198,750
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2003
Sold by
Fowler Durward and Fowler Jane
Bought by
Catelli Lou

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,500
Interest Rate
5.84%
Mortgage Type
Balloon

Purchase Details

Closed on
Nov 19, 1996
Sold by
Simpson Family Trust and Harry M
Bought by
Fowler Durward and Fowler Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
7.86%
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
Penkala Family Trust -- None Listed On Document
Penkala Margaret Michele $282,500 First American Title Company
Lee John $265,000 Old Republic Title Company
Catelli Lou $410,000 Financial Title Company
Fowler Durward $190,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Penkala Margaret Michele $186,000
Previous Owner Penkala Margaret Michele $196,490
Previous Owner Lee John $198,750
Previous Owner Catelli Lou $307,500
Previous Owner Fowler Durward $112,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2015 02/26/15 Sold $280,700 -14.9% $78 / Sq Ft
01/21/2015 01/21/15 Pending -- -- --
11/13/2014 11/13/14 For Sale $330,000 +24.5% $92 / Sq Ft
05/31/2013 05/31/13 Sold $265,000 +1.9% $74 / Sq Ft
04/06/2013 04/06/13 Pending -- -- --
03/25/2013 03/25/13 For Sale $260,000 -- $72 / 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 $4,399 $337,348 $100,950 $236,398
2024 $4,399 $330,734 $98,971 $231,763
2023 $4,294 $324,250 $97,031 $227,219
2022 $4,267 $317,893 $95,129 $222,764
2021 $4,200 $311,661 $93,264 $218,397
2020 $4,126 $308,466 $92,308 $216,158
2019 $4,048 $302,419 $90,499 $211,920
2018 $3,967 $296,490 $88,725 $207,765
2017 $3,967 $290,678 $86,986 $203,692
2016 $3,643 $284,980 $85,281 $199,699
2015 $3,477 $271,520 $80,943 $190,577
2014 $3,408 $266,202 $79,358 $186,844
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 14070869

MetroList

APN: 294-0022-014