$435,000
SOLD SEP 6, 2024

7916 Loucreta Dr Sacramento, CA 95828

4 Beds
2 Baths
1,636 Sq Ft
7,810 Sq Ft Lot

Recently Sold

$266 Per Sq Ft

5% Below List Price

54 Days on Market

Highlights

  • No HOA
  • Double Pane Windows
  • Central Heating and Cooling System
  • Fenced Yard
  • Patio
  • Ceiling Fan

About This Home

As of September 2024

Remodeled Duplex less than 5 years ago, Newer floors throughout,1 unit has new cabinets, and bathroom. Both units are in great shape. Newer HVAC on both units as well as new upgraded electrical boxes. Rents and be adjusted after December 2024 These are long term tenants

Last Agent to Sell the Property

Rodney Luman

Key Realty Center License #01026544 Listed on: 07/10/2024

Last Buyer's Agent

Jack Singh

Fathom Realty Group, Inc. License #01295969

Fathom Realty Group, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,648

Year Built

  • Built in 1963 | Remodeled

Lot Details

  • 7,810 Sq Ft Lot
  • Lot Dimensions: 64
  • Fenced Yard

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Raised Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,636 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Window Screens
  • Laminate Flooring
  • Washer and Dryer Hookup

Kitchen

  • Free-Standing Electric Range
  • Microwave
  • Disposal

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Separate Meters
  • 220 Volts
  • Natural Gas Connected
  • Property is located within a water district
  • Private Water Source
  • Water Heater
  • Sewer in Street
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, insurance, water
  • Assessor Parcel Number 051-0323-011-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Florin Duplex Village 01, Lot 26 Subdivision

Building Details

  • 2 Leased Units
  • CPI Adjustment
  • Net Lease

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,648

Year Built

Built in 1963 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Subtype Description: Sec Building
  • Property Subtype 1: Duplex
  • Year Built: 1963
  • Architectural Style: Tract
  • Levels: One
  • Stories: 1
  • Subdivision: Florin Duplex Village 01, lot 26
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Microwave, Disposal, Free Standing Electric Range
  • Flooring: Laminate
  • Price Per Square Foot: 265.89
  • Square Footage: 1636.00
  • Window Features: Caulked/Sealed, Dual Pane Full, Dual Pane Partial, Window Screens

Exterior Features

  • Construction Materials: Stucco, Wood
  • Disclosures/Documents: Rental/Lease Agreement(s), Seller Property Questionnaire, Seller Subject to TDS, Transfer Disclosure Statement, Natural Hazard Disclosure Available
  • Exterior Features: Fenced Yard
  • Foundation: Raised
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 458900.00
  • Lot Features: Curbs/Gutters, Sidewalk
  • New Construction: No
  • Patio And Porch Features: Uncovered Patio
  • Pool: No
  • Property Condition: Updated/Remodeled
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Security: Carbon Mon Detector, Double Strapped Water Heater, Smoke Detector
  • Sewer: Sewer Connected, In & Connected, Sewer in Street
  • Utilities: Cable Available, Natural Gas Connected, DSL Available, Electric, Internet Available
  • Cooling: Ceiling Fan(s), Central
  • Electric: 220 Volts
  • Heating: Central
  • Laundry Features: Washer/Dryer Hookups
  • Water Source: Water District, Meter on Site, Private
  • Separate Meters: Electricity, Gas

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Elk Grove Unified

Lot Info

  • Zoning Description: RD10
  • Irrigation: None
  • Lot Size Acres: 0.1793
  • Lot Dimensions: 64 x 125 x 64 x 124
  • Lot Size Sq Ft: 7810.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Insurance, Water
  • Lease Expiration Date: 1800-01-011800-01-01
  • Lease Deposit: 2600.00
  • Lease Type: Net

Multi Family

  • Income Includes: ["Rent Only"]
  • Total Number Leasable: 2
  • Existing Lease Type: CPI Adjustment
  • Number of Leased Units: 2
  • Number of Units: 2
  • Units Furnished: None
  • Total Number Owner Occupied: 2

Tax Info

  • Assessor Parcel Number: 051-0323-011-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2024
Closed on
Aug 20, 2024
Sold by
4Ms Carroll Trust and Carroll Robert
Bought by
Singh Jaibir and Singh Pooja
Seller's Agent
Rodney Luman
Key Realty Center
Buyer's Agent
Jack Singh
Fathom Realty Group, Inc.
List Price
$459,000
Sold Price
$435,000
Premium/Discount to List
-$24,000
-5.23%
Views
64
Current Estimated Value
$464,004

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,004
Avg. Annual Appreciation
5.43%
Original Mortgage
$326,250
Outstanding Balance
$323,090
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$133,849

Purchase Details

Closed on
Jul 28, 2020
Sold by
Carroll Kathleen and Carroll Robert
Bought by
Carroll Robert and Carroll Kathleen

Purchase Details

Closed on
Jan 3, 2020
Sold by
Lau Paul C
Bought by
Carroll Kathleen and Carroll Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,250
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2009
Sold by
Aurora Loan Services Llc
Bought by
Lau Paul C

Purchase Details

Closed on
Jul 14, 2008
Sold by
Prasad Seema K and Prasad Janend
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Aug 25, 2006
Sold by
Prasad Janend and Prasad Seema K
Bought by
Prasad Janend and Prasad Seema K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
1.49%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 21, 2004
Sold by
Coxen Timothy J
Bought by
Prasad Janend and Prasad Seema K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,500
Interest Rate
6.85%
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
$29,900
Interest Rate
6.09%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 13, 1998
Sold by
Meinzer Family Partnership
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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $435,000 Fidelity National Title Compan
Warranty Deed -- None Available
Grant Deed $307,000 Fidelity National Title Co
Grant Deed $93,000 North American Title Company
Trustee Deed $119,140 First American Title Company
Interfamily Deed Transfer -- Old Republic Title Company
Grant Deed $310,000 Financial Title Company
Grant Deed $200,000 Fidelity National Title Co
Grant Deed $63,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $326,250 New Conventional
Previous Owner $230,250 New Conventional
Previous Owner $276,000 Negative Amortization
Previous Owner $294,500 Purchase Money Mortgage
Previous Owner $29,900 Credit Line Revolving
Previous Owner $159,900 No Value Available
Previous Owner $50,400 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2024 09/06/24 Sold $435,000 -5.2% $266 / Sq Ft
09/02/2024 09/02/24 Pending -- -- --
07/22/2024 07/22/24 Price Changed $458,900 0.0% $281 / Sq Ft
07/10/2024 07/10/24 For Sale $459,000 -- $281 / 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 $3,648 $435,000 $120,000 $315,000
2024 $3,648 $329,161 $85,773 $243,388
2023 $3,556 $322,708 $84,092 $238,616
2022 $3,494 $316,382 $82,444 $233,938
2021 $3,455 $310,179 $80,828 $229,351
2020 $1,318 $109,380 $23,544 $85,836
2019 $1,296 $107,236 $23,083 $84,153
2018 $1,263 $105,134 $22,631 $82,503
2017 $1,243 $103,074 $22,188 $80,886
2016 $1,172 $101,053 $21,753 $79,300
2015 $1,151 $99,536 $21,427 $78,109
2014 $1,118 $97,587 $21,008 $76,579
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 224076118

MetroList

APN: 051-0323-011