NOT LISTED FOR SALE

Estimated Value: $533,850 - $618,000

5 Beds
2 Baths
1,920 Sq Ft
$305/Sq Ft Est. Value

Last Sold June 12, 2020

Last sale price $485,000 $253 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,754/month

20 Days on Market

Highlights

  • No HOA
  • Central Heating
  • 1-Story Property

About This Home

As of June 2020

A true turnkey income-producing property in the heart of Citrus Heights! Don't miss the opportunity to invest in this high cash-flowing asset close to I-80, grocery, & shopping. Updates include NEW: roof, air conditioners, furnaces, water heaters, electrical boxes, driveways, fencing, cabinets, SS appliances, shower surround, tub, floors, light fixtures, and interior/ exterior paint! Everything done with permits. Delightful tenants in place!

Last Agent to Sell the Property

Tyler Kuresa

Marla Kuresa, Broker License #01988667 Listed on: 04/21/2020

Last Buyer's Agent

Tyler Kuresa

Marla Kuresa, Broker License #01988667 Listed on: 04/21/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,781

Year Built

  • Built in 1963

Lot Details

  • 7,218

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • Low Flow Toliet
  • 1-Story Property

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Additional Features

  • 7,218 Sq Ft Lot
  • Central Heating

Listing and Financial Details

  • Tenant pays for cable tv electricity
  • Assessor Parcel Number 204-0583-002-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,781

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1963
  • Stories: 1
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Year Renovated: 2020

Interior Features

  • Appliances: Dishwasher,Free Standing Electric Range,Free Standing Refrigerator
  • Other Equipment: Low-Flow Toilet(s)
  • Flooring: Tile,Linoleum/Vinyl
  • Window Features: Dual Pane Partial,Window Coverings

Exterior Features

  • Construction Materials: Stucco,Wood
  • Disclosures/Documents: CC&Rs,See Remarks
  • Foundation: Slab
  • Listing Price: 499000.00
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 4
  • Parking Features: Street,1+ Space Per Unit
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Ceiling Fan(s),Central
  • Heating: Central
  • Laundry Features: Washer/Dryer
  • Water Source: Public

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: San Juan Unified

Lot Info

  • Zoning Description: RD10
  • Lot Size Acres: 0.1657
  • Lot Size Sq Ft: 7218

Rental Info

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

Multi Family

  • Gross Income: 40800
  • Income Includes: Rent Only
  • Existing Lease Type: See Remarks
  • Number of Leased Units: 2
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 204-0583-002-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 27, 2024
Sold by
Cavett Jason Daniel and Cavett Moona Sufiya
Bought by
Cavett Family Living Trust and Cavett
Current Estimated Value
$577,381

Purchase Details

Closed on
Apr 5, 2021
Sold by
Cordelia Circle Llc
Bought by
Cavett Jason Daniel and De Cavett Moona

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,637
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 2, 2020
Sold by
Freidenrich Spencer Cole
Bought by
Cordelia Ciercle Llc

Purchase Details

Listed on
Apr 21, 2020
Closed on
Jun 10, 2020
Sold by
Stonewood Group Llc
Bought by
Freidenrich Spencer Cole
Seller's Agent
Tyler Kuresa
Marla Kuresa, Broker
Buyer's Agent
Tyler Kuresa
Marla Kuresa, Broker
List Price
$499,000
Sold Price
$485,000
Premium/Discount to List
-$14,000
-2.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.60%
Original Mortgage
$360,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 30, 2019
Closed on
Oct 23, 2019
Sold by
Georgesco Mariana and The John Aurelia Gavra Family
Bought by
Stonewood Group Llc
Seller's Agent
Patrick M O'Hare
Century 21 Select Real Estate
Buyer's Agent
Tyler Kuresa
Marla Kuresa, Broker
List Price
$325,000
Sold Price
$310,000
Premium/Discount to List
-$15,000
-4.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
105.83%
Original Mortgage
$300,000
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 13, 2016
Sold by
Gavra Aurelia and The John And Aurelia Revocable
Bought by
Georgesco Mariana

Purchase Details

Closed on
Oct 22, 2016
Sold by
Gavra Aurelia and The John And Aurelia Gavra Rev
Bought by
Georgesco Mariana

Purchase Details

Closed on
Mar 24, 2014
Sold by
Gavra Ioan and Gavra Aurelia
Bought by
The John & Aurelia Gavra Family Trust
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
Cavett Family Living Trust -- None Listed On Document
Cavett Jason Daniel $530,000 Placer Title Company
Cordelia Ciercle Llc -- None Available
Freidenrich Spencer Cole $485,000 Fidelity National Title Co
Stonewood Group Llc $310,000 Fidelity National Title Co
Georgesco Mariana -- None Available
Georgesco Mariana -- None Available
The John & Aurelia Gavra Family Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cavett Jason Daniel $350,637
Previous Owner Freidenrich Spencer Cole $360,000
Previous Owner Stonewood Group Llc $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2020 06/12/20 Sold $485,000 -2.8% $253 / Sq Ft
05/11/2020 05/11/20 Pending -- -- --
04/21/2020 04/21/20 For Sale $499,000 +61.0% $260 / Sq Ft
10/29/2019 10/29/19 Sold $310,000 -4.6% --
10/06/2019 10/06/19 Pending -- -- --
09/30/2019 09/30/19 For Sale $325,000 -- --
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 $6,781 $573,687 $108,242 $465,445
2024 $6,781 $562,439 $106,120 $456,319
2023 $6,609 $551,412 $104,040 $447,372
2022 $6,575 $540,600 $102,000 $438,600
2021 $6,102 $500,000 $100,000 $400,000
2020 $3,764 $310,000 $75,000 $235,000
2019 $2,085 $170,544 $44,547 $125,997
2018 $2,047 $167,201 $43,674 $123,527
2017 $2,027 $163,923 $42,818 $121,105
2016 $1,894 $160,710 $41,979 $118,731
2015 $1,862 $158,297 $41,349 $116,948
2014 $1,823 $155,198 $40,540 $114,658
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 20022785

MetroList

APN: 204-0583-002