NOT LISTED FOR SALE

8067 Treecrest Ave Citrus Heights, CA 95610

Estimated Value: $630,000 - $804,000

5 Beds
4 Baths
2,650 Sq Ft
$263/Sq Ft Est. Value

Last Sold June 03, 2016

Last sale price $404,500 $153 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $4,165/month

126 Days on Market

Highlights

  • No HOA
  • Covered Patio or Porch
  • 2 Car Garage
  • Bella Vista High School Rated A-
  • Central Heating
  • 1-Story Property

About This Home

As of June 2016

Investment Income fully leased duplex near Sunrise Marketplace (major employment hub). Recently updated in November, very clean, good condition, great location. Each unit has 2 car garage, large backyard, patio, fireplace- one side 2/2 other 3/2. Upside in rents. Steady 4-5% return investment.

Last Agent to Sell the Property

Franklin Burris

eXp Realty of California Inc License #01412858 Listed on: 12/18/2015

eXp Realty of California Inc

Last Buyer's Agent

Olga Beniakoff

HomeSmart ICARE Realty License #01873492

HomeSmart ICARE Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,661

Year Built

  • Built in 1977

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions: 85

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Window Treatments

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Heating
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $2,475
  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 233-0430-022-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,661

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1977
  • Architectural Style: Ranch
  • Stories: 1
  • Number of Two Bedroom Units: 1
  • Number of Three Bedroom Units: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Electric Oven,Dishwasher,Electric Cook Top
  • Flooring: Carpet,Laminate,Tile
  • Window Features: Window Coverings

Exterior Features

  • Construction Materials: Brick,Frame,Wood
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts
  • Listing Price: 419400.00
  • Patio And Porch Features: Covered Patio
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Utilities: Cable Available
  • Cooling: Ceiling Fan(s),Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: Extra Storage,Public Trans Nearby,Yard Space
  • Association: No

Schools

  • Senior High School District: San Juan Unified

Lot Info

  • Zoning Description: RD 4
  • Lot Size Acres: 0.2300
  • Lot Dimensions: 85 x 125
  • Lot Size Sq Ft: 10019

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas
  • Total Deposit: 2475
  • Total # Leasable: 2

Multi Family

  • Gross Income: 29700
  • Income Includes: Rent Only
  • Number of Leased Units: 2
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 233-0430-022-0000

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2015
Closed on
May 31, 2016
Sold by
Fong Poy L Wong and The Fong Family Trust
Bought by
Melnichenko Andrei A
Seller's Agent
Franklin Burris
eXp Realty of California Inc
Buyer's Agent
Olga Beniakoff
HomeSmart ICARE Realty
List Price
$419,400
Sold Price
$404,500
Premium/Discount to List
-$14,900
-3.55%
Current Estimated Value
$696,445

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$291,945
Avg. Annual Appreciation
5.97%
Original Mortgage
$303,000
Outstanding Balance
$241,311
Interest Rate
3.59%
Mortgage Type
New Conventional
Estimated Equity
$455,134

Purchase Details

Closed on
Oct 14, 2013
Sold by
Walton Ventures Llc
Bought by
Wong Fong Poy L and Fong Family Trust

Purchase Details

Closed on
Jan 28, 2009
Sold by
Mouras Belton
Bought by
Mickey Ventures Llc

Purchase Details

Closed on
Dec 20, 2007
Sold by
Walton Ventures Llc
Bought by
Mouras Belton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,700
Interest Rate
6.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 6, 2007
Sold by
Mouras Dolores
Bought by
Mouras Belton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,700
Interest Rate
6.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 2005
Sold by
Zandian Jamil Panah Bahman and Zandian Panah Elahe
Bought by
Walton Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,000
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 8, 2000
Sold by
Trust Of Walter & Gloria Fong and Walter
Bought by
Zandian Jamil Panah Bahman and Zandian Panah Elahe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
7.54%
Source: Public Records

Range of Values:

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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
Melnichenko Andrei A $404,000 First American Title Company
Wong Fong Poy L $363,000 None Available
Mickey Ventures Llc -- None Available
Mouras Belton -- None Available
Mouras Belton -- Fidelity National Title Co
Walton Ventures Llc $535,000 Fidelity National Title Co
Zandian Jamil Panah Bahman $235,000 Financial Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melnichenko Andrei A $303,000
Previous Owner Mouras Belton $219,700
Previous Owner Walton Ventures Llc $363,000
Previous Owner Zandian Jamil Panah Bahman $170,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2016 06/03/16 Sold $404,500 -3.6% $153 / Sq Ft
04/20/2016 04/20/16 Pending -- -- --
12/16/2015 12/16/15 For Sale $419,400 -- $158 / 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 $5,661 $478,245 $94,699 $383,546
2024 $5,661 $468,869 $92,843 $376,026
2023 $5,518 $459,676 $91,023 $368,653
2022 $5,489 $450,664 $89,239 $361,425
2021 $5,399 $441,829 $87,490 $354,339
2020 $5,298 $437,299 $86,593 $350,706
2019 $5,192 $428,726 $84,896 $343,830
2018 $5,133 $420,321 $83,232 $337,089
2017 $5,083 $412,080 $81,600 $330,480
2016 $3,479 $295,125 $82,842 $212,283
2015 $3,420 $290,693 $81,598 $209,095
2014 $3,349 $285,000 $80,000 $205,000
Source: Public Records

Agents Affiliated with this Home

  • Franklin Burris

    Seller's Agent in 2016

    Franklin Burris

    eXp Realty of California Inc

    (916) 275-4662

    5 Total Sales

    Franklin Burris
    Section Image
  • Olga Beniakoff

    Buyer's Agent in 2016

    Olga Beniakoff

    HomeSmart ICARE Realty

    (916) 296-2809

    9 in this area

    149 Total Sales

    Olga Beniakoff
    Section Image
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Map

Source: MetroList

MLS Number: 15077411

MetroList

APN: 233-0430-022

California Sacramento County Citrus Heights 95610

8067 Treecrest Ave, Citrus Heights, CA

This home is located at 8067 Treecrest Ave, Citrus Heights, CA 95610 since 18 December 2015 and is currently estimated at $696,445, approximately $262 per square foot. This property was built in 1977. 8067 Treecrest Ave is a home located in Sacramento County with nearby schools including Northridge Elementary School, Andrew Carnegie Middle School, and Bella Vista 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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