NOT LISTED FOR SALE

8029 Patton Ave Citrus Heights, CA 95610

Estimated Value: $444,000 - $596,000

4 Beds
2 Baths
1,350 Sq Ft
$380/Sq Ft Est. Value

Last Sold October 21, 2020

Last sale price $331,500 $246 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $3,399/month

3 Days on Market

About This Home

As of October 2020

BEST-PRICED DUPLEX in the area! Don't miss this TREMENDOUS OPPORTUNITY with this great property in Citrus Heights. Two bedroom, one bath units on over 1/4 acre. Each unit has plenty of parking and huge yards. Close to shopping, restaurants, freeway and more. Long-term tenants. Possible room on lot to build another residence - buyer to investigate.

Last Agent to Sell the Property

Dean Rinker

Keller Williams Realty EDH License #01300527 Listed on: 09/22/2020

Keller Williams Realty EDH

Last Buyer's Agent

Morgan Larson

Real Broker License #01884981

Real Broker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,407

Year Built

  • Built in 1954

Lot Details

  • 0.28 Acre Lot

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Window Treatments

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Utilities

  • Wall Furnace
  • 220 Volts

Listing and Financial Details

  • Tenant pays for electricity gas
  • Assessor Parcel Number 216-0141-017-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,407

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1954
  • Stories: 1
  • Number of Two Bedroom Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Disposal,Free Standing Gas Range,Gas Water Heater,Varies By Unit
  • Other Equipment: Varies by Unit
  • Flooring: Carpet,Laminate,Varies by Unit
  • Window Features: Window Coverings

Exterior Features

  • Construction Materials: Brick,Wood
  • Disclosures/Documents: Rental/Lease Agmts
  • Foundation: Slab
  • Listing Price: 325000.00
  • Roof: Composition

Garage/Parking

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

Utilities

  • Security: Carbon Mon Detector,Smoke Detector,Varies By Unit
  • Sewer: Public Sewer
  • Cooling: Wall Unit(s),Varies by Unit
  • Electric: 220 Volts
  • Heating: Wall Furnace
  • Water Source: Public

Condo/Co-op/Association

  • Association Features: Yard Space,Varies By Unit
  • Association: No

Schools

  • Senior High School District: San Juan Unified

Lot Info

  • Zoning Description: RD2
  • Lot Size Acres: 0.2833
  • Lot Size Sq Ft: 12341

Rental Info

  • Tenant Pays: Electricity,Gas

Multi Family

  • Gross Income: 24000
  • Income Includes: Rent Only
  • Number of Month to Month Units: 2
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 216-0141-017-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2020
Closed on
Oct 8, 2020
Sold by
Beil Lawrence A and Beil Sharla
Bought by
Amari Care Home Inc
Seller's Agent
Dean Rinker
Keller Williams Realty EDH
Buyer's Agent
Morgan Larson
Real Broker
List Price
$325,000
Sold Price
$331,500
Premium/Discount to List
$6,500
2%
Current Estimated Value
$498,873

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,373
Avg. Annual Appreciation
9.35%

Purchase Details

Closed on
May 25, 2010
Sold by
Hughes Properties Llc
Bought by
Beil Lawrence A and Beil Sharla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,750
Interest Rate
5.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2010
Sold by
Vermilyer John E
Bought by
Hughes Properties Llc

Purchase Details

Closed on
Apr 23, 1997
Sold by
Silverman Robert J and Silverman Charlotte D
Bought by
Vermilyer John E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,449
Interest Rate
7.86%
Mortgage Type
FHA
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
Amari Care Home Inc $331,500 Fidelity National Title Co
Beil Lawrence A $165,000 First American Title Company
Hughes Properties Llc $109,000 None Available
Vermilyer John E $93,500 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Amari Care Home $227,500
Previous Owner Beil Lawrence A $123,750
Previous Owner Vermilyer John E $248,000
Previous Owner Vermilyer John E $96,747
Previous Owner Vermilyer John E $92,449
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2020 10/21/20 Sold $331,500 +2.0% $246 / Sq Ft
09/25/2020 09/25/20 Pending -- -- --
09/22/2020 09/22/20 For Sale $325,000 -- $241 / 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 $8,407 $358,823 $108,723 $250,100
2024 $8,407 $351,789 $106,592 $245,197
2023 $7,803 $344,892 $104,502 $240,390
2022 $7,546 $338,130 $102,453 $235,677
2021 $5,644 $331,501 $100,445 $231,056
2020 $2,371 $194,738 $59,009 $135,729
2019 $2,324 $190,920 $57,852 $133,068
2018 $2,297 $187,177 $56,718 $130,459
2017 $2,260 $183,507 $55,606 $127,901
2016 $2,111 $179,910 $54,516 $125,394
2015 $2,075 $177,209 $53,698 $123,511
2014 $2,032 $173,739 $52,647 $121,092
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 20016390

MetroList

APN: 216-0141-017