NOT LISTED FOR SALE

7908 Loucreta Dr Sacramento, CA 95828

Estimated Value: $406,000 - $432,775

4 Beds
2 Baths
1,620 Sq Ft
$258/Sq Ft Est. Value

Last Sold May 24, 2016

Last sale price $210,000 $130 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $2,436/month

11 Days on Market

Highlights

  • No HOA
  • Carpet
  • 1-Story Property
  • Central Heating and Cooling System

About This Home

As of May 2016

Great Income producing Duplex with long term tenants. 3+ years $740.00 and $735.00 for rent.

Last Agent to Sell the Property

Manuel Cardoza

Tower Real Estate Brokers Inc. License #01888195 Listed on: 03/29/2016

Last Buyer's Agent

pete patel

1st American Realty License #01340464

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,746

Year Built

  • Built in 1963

Lot Details

  • 8,629

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Carpet

Additional Features

  • 8,629 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for rent only
  • Assessor Parcel Number 051-0323-009-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,746

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1963
  • Architectural Style: Ranch
  • Stories: 1
  • Number of Two Bedroom Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Oven,Free Standing Gas Range
  • Other Equipment: None
  • Flooring: Carpet

Exterior Features

  • Construction Materials: Stucco,Wood
  • Disclosures/Documents: Rental/Lease Agmts,None
  • Listing Price: 210000.00
  • Roof: Composition

Garage/Parking

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

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: See Remarks
  • Association: No

Schools

  • Senior High School District: Elk Grove Unified

Lot Info

  • Zoning Description: RD10
  • Lot Size Acres: 0.1981
  • Lot Size Sq Ft: 8629

Rental Info

  • Tenant Pays: Rent Only
  • Total # Leasable: 2

Multi Family

  • Gross Income: 17700
  • Income Includes: Rent Only
  • Number of Leased Units: 2
  • Number of Units: 2
  • Units Furnished: Varies By Unit

Tax Info

  • Assessor Parcel Number: 051-0323-009-0000

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2016
Closed on
May 17, 2016
Sold by
Dayne Darick
Bought by
Patel Rickin and Patel Jyotsna
Seller's Agent
Manuel Cardoza
Tower Real Estate Brokers Inc.
Buyer's Agent
pete patel
1st American Realty
List Price
$210,000
Sold Price
$210,000
Current Estimated Value
$417,944

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,944
Avg. Annual Appreciation
7.66%
Original Mortgage
$157,500
Outstanding Balance
$125,773
Interest Rate
3.59%
Mortgage Type
New Conventional
Estimated Equity
$292,171

Purchase Details

Closed on
Jul 7, 2010
Sold by
Indymac Servicing Inc
Bought by
Dayne Darick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
4.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2009
Sold by
Coxen Timothy J
Bought by
Indymac Servicing Inc

Purchase Details

Closed on
Jul 24, 2006
Sold by
Coxen Timothy J and Coxen Shannon D
Bought by
Coxen Timothy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
8.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 11, 2002
Sold by
Panich Ronald G and Panich Karen
Bought by
Coxen Timothy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,900
Interest Rate
6.09%

Purchase Details

Closed on
Sep 13, 1998
Sold by
Terry N Meinzer Family Trust and Terry N
Bought by
Panich Ronald G and Panich Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,400
Interest Rate
6.88%
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
Patel Rickin $210,000 Placer Title Company
Dayne Darick $120,000 Placer Title Company
Indymac Servicing Inc $68,000 None Available
Coxen Timothy J -- Financial Title Company
Coxen Timothy J $200,000 Fidelity National Title Co
Panich Ronald G $63,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Rickin $157,500
Previous Owner Dayne Darick $117,600
Previous Owner Dayne Darick $90,000
Previous Owner Coxen Timothy J $288,000
Previous Owner Coxen Timothy J $159,900
Previous Owner Panich Ronald G $50,400
Previous Owner Panich Ronald G $50,400
Closed Coxen Timothy J $29,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2016 05/24/16 Sold $210,000 0.0% $130 / Sq Ft
04/08/2016 04/08/16 Pending -- -- --
03/28/2016 03/28/16 For Sale $210,000 -- $130 / 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 $2,746 $248,590 $71,024 $177,566
2024 $2,746 $243,717 $69,632 $174,085
2023 $2,677 $238,939 $68,267 $170,672
2022 $2,632 $234,255 $66,929 $167,326
2021 $2,602 $229,663 $65,617 $164,046
2020 $2,567 $227,309 $64,945 $162,364
2019 $2,521 $222,853 $63,672 $159,181
2018 $2,454 $218,484 $62,424 $156,060
2017 $2,412 $214,200 $61,200 $153,000
2016 $1,466 $129,868 $38,960 $90,908
2015 $1,440 $127,918 $38,375 $89,543
2014 $1,401 $125,413 $37,624 $87,789
Source: Public Records

Agents Affiliated with this Home

  • Manuel Cardoza

    Seller's Agent in 2016

    Manuel Cardoza

    Tower Real Estate Brokers Inc.

    (916) 267-0747

    3 Total Sales

    Manuel Cardoza
    Section Image

  • p

    Buyer's Agent in 2016

    pete patel

    1st American Realty

    (916) 410-2711

    6 Total Sales

    pete patel
    Section Image
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Map

Source: MetroList

MLS Number: 16017967

MetroList

APN: 051-0323-009

California Sacramento County Sacramento 95828

7908 Loucreta Dr, Sacramento, CA

This home is located at 7908 Loucreta Dr, Sacramento, CA 95828 since 29 March 2016 and is currently estimated at $417,944, approximately $257 per square foot. This property was built in 1963. 7908 Loucreta Dr is a home located in Sacramento County with nearby schools including David Reese Elementary School, James Rutter Middle School, and Florin 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.

MetroList IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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