NOT LISTED FOR SALE

8500 German Dr Sacramento, CA 95828

Estimated Value: $283,000 - $472,424

4 Beds
3 Baths
2,057 Sq Ft
$197/Sq Ft Est. Value

Last Sold March 19, 2012

Last sale price $85,000 $41 Per Sq Ft

Est. 442% increase in value since last sale

Current estimated payment $2,554/month

72 Days on Market

Highlights

  • No HOA
  • 2 Car Garage
  • 1-Story Property
  • Central Heating and Cooling System

About This Home

As of March 2012

Great income opportunity. Both units are currently rented. DO NOT DISTURB TENANTS. Property needs some TLC. Please write offer subject to viewing. Upon receiving offers listing agent will arrange viewings of property.

Last Agent to Sell the Property

Sara Moody

Realty Point License #01882981 Listed on: 11/17/2011

Last Buyer's Agent

Kevin Nguyen

Selective Mortgage & Property License #01338389

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,306

Year Built

  • Built in 1978

Lot Details

  • 7,449

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Composition Roof

Additional Features

  • 1-Story Property
  • 7,449 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable tv electricity
  • Assessor Parcel Number 065-0170-024-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,306

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1978
  • Architectural Style: Tract
  • Stories: 1
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Electric Range,Dishwasher
  • Other Equipment: None
  • Flooring: Carpet,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Wood
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,None
  • Listing Price: 100000.00
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Elk Grove Unified

Lot Info

  • Zoning Description: RD10
  • Lot Size Acres: 0.1710
  • Lot Dimensions: Verify
  • Lot Size Sq Ft: 7449

Rental Info

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

Multi Family

  • Gross Income: 21000
  • Income Includes: Rent Only
  • Number of Leased Units: 2
  • Number of Month to Month Units: 2
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 065-0170-024-0000

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 17, 2015
Sold by
Tran Tony Hai Hen and Tran Tony
Bought by
Tran Tony Hai Hien
Current Estimated Value
$460,711

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
Outstanding Balance
$70,251
Interest Rate
3.81%
Mortgage Type
New Conventional
Estimated Equity
$334,355

Purchase Details

Listed on
Nov 17, 2011
Closed on
Mar 8, 2012
Sold by
Bealum Ejimo K and Bealum Talisa D
Bought by
Tran Tony
Seller's Agent
Sara Moody
Realty Point
Buyer's Agent
Kevin Nguyen
Selective Mortgage & Property
List Price
$100,000
Sold Price
$85,000
Premium/Discount to List
-$15,000
-15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.33%

Purchase Details

Closed on
Sep 20, 2004
Sold by
Campbell Robert G and Campbell Frances A
Bought by
Bealum Ejimo K and Bealum Talisa D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage
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
Tran Tony Hai Hien -- Old Republic Title Company
Tran Tony $85,000 Chicago Title Company
Bealum Ejimo K $350,000 Commerce Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tran Tony Hai Hien $90,000
Previous Owner Bealum Ejimo K $315,000
Previous Owner Bealum Ejimo K $315,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2012 03/19/12 Sold $85,000 -15.0% $41 / Sq Ft
01/27/2012 01/27/12 Pending -- -- --
11/16/2011 11/16/11 For Sale $100,000 -- $49 / 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 $1,306 $106,752 $37,676 $69,076
2024 $1,306 $104,660 $36,938 $67,722
2023 $1,276 $102,609 $36,214 $66,395
2022 $1,256 $100,598 $35,504 $65,094
2021 $1,243 $98,626 $34,808 $63,818
2020 $1,221 $97,616 $34,452 $63,164
2019 $1,200 $95,703 $33,777 $61,926
2018 $1,171 $93,827 $33,115 $60,712
2017 $1,153 $91,988 $32,466 $59,522
2016 $1,035 $90,185 $31,830 $58,355
2015 $1,017 $88,831 $31,352 $57,479
2014 $1,001 $87,092 $30,738 $56,354
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 11081572

MetroList

APN: 065-0170-024