NOT LISTED FOR SALE

8552 German Dr Sacramento, CA 95828

Estimated Value: $462,000 - $557,274

4 Beds
4 Baths
1,850 Sq Ft
$277/Sq Ft Est. Value

Last Sold February 27, 2020

Last sale price $392,000 $212 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $3,109/month

68 Days on Market

Highlights

  • Traditional Architecture
  • Central Air
  • 1-Story Property
  • No HOA

About This Home

As of February 2020

8552-8554 German Drive is a duplex consisting of (2) 2 bedroom, 2 bathroom units. Each unit has a 2 car garage, private backyard, and in-unit laundry. Current owner pays water/sewer/garbage and tenants pay their own gas and electric. New kitchen appliances were installed on one side in the last year. There is also new vinyl flooring in both bedrooms in one unit, and new vinyl flooring in one bedroom in the other unit.

Last Agent to Sell the Property

Tim Swanston

North Coast Commercial, Inc. License #01887506 Listed on: 10/30/2019

North Coast Commercial, Inc.

Last Buyer's Agent

Hannah Nguyen

Loan Factory, Inc. License #01760892

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,541

Year Built

  • Built in 1979

Lot Details

  • 6,177

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Traditional Architecture
  • Raised Foundation
  • Composition Roof

Additional Features

  • 1-Story Property
  • 6,177 Sq Ft Lot
  • Central Air

Listing and Financial Details

  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 065-0180-021-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Units Leased Month-To-Month
  • Net Operating Income $22,573

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,541

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1979
  • Accessibility Features: 0
  • Architectural Style: Traditional
  • Stories: 1
  • Number of Two Bedroom Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Electric Oven,Built-In Electric Range,Dishwasher,Disposal,Free Standing Refrigerator,Microwave
  • Other Equipment: Varies by Unit
  • Flooring: Laminate,Tile,Wood,Varies by Unit,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Frame,Wall Insulation,Wood
  • Disclosures/Documents: Pest Certification Available,Pest Control Report Clear,Rental/Lease Agmts,Structural Pest Control Report
  • Foundation: Raised
  • Listing Price: 399000.00
  • Patio And Porch Features: Covered Patio,Uncovered Patio
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 4
  • Covered Parking Spaces: 4
  • Garage Spaces: 2
  • Parking Features: Garage,1+ Space Per Unit
  • Total Parking Spaces: 8

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Sewer: Public Sewer
  • Cooling: Central
  • Heating: Central,Fireplace Insert
  • Water Source: Public

Condo/Co-op/Association

  • Association Features: Laundry Hook-Up in Units,Yard Space
  • Association: No

Schools

  • Senior High School District: Elk Grove Unified

Lot Info

  • Zoning Description: RD-10 - RESIDENTIAL
  • Lot Size Acres: 0.1418
  • Lot Size Sq Ft: 6177

Rental Info

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

Multi Family

  • Gross Income: 30480
  • 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: 065-0180-021-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 13, 2020
Sold by
Le Tung
Bought by
Dinh Kristina
Current Estimated Value
$512,569

Purchase Details

Listed on
Oct 30, 2019
Closed on
Feb 25, 2020
Sold by
Furuta Mark K and Furuta Krista K
Bought by
Le Tung
Seller's Agent
Tim Swanston
North Coast Commercial, Inc.
Buyer's Agent
Hannah Nguyen
Loan Factory, Inc.
List Price
$399,000
Sold Price
$392,000
Premium/Discount to List
-$7,000
-1.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.43%
Original Mortgage
$286,500
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2017
Sold by
Furuta Mark and Furuta Krista K
Bought by
Furuta Mark K and Furuta Krista K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 2, 2011
Sold by
Furuta Krista K and Furuta Mark K
Bought by
Furuta Mark K and Furuta Krista K

Purchase Details

Closed on
Jan 6, 2009
Sold by
Us Bank National Association
Bought by
Furuta Krista K and Furuta Mark K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,620
Interest Rate
5.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 11, 2008
Sold by
Gonzalez Jose L
Bought by
Wachovia Bank Na and Wfalt 2005 02

Purchase Details

Closed on
Aug 5, 2005
Sold by
Saldivar Maria
Bought by
Gonzalez Jose L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,100
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 2, 2005
Sold by
Hodd Joe L
Bought by
Gonzalez Jose L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,100
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
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
Dinh Kristina -- None Available
Le Tung $394,000 First American Title Company
Furuta Mark K -- Accommodation
Furuta Mark -- Nations Title Company
Furuta Mark K -- None Available
Furuta Krista K $125,500 Orange Coast Title
Wachovia Bank Na $306,204 Accommodation
Gonzalez Jose L -- Alliance Title Company
Gonzalez Jose L $399,000 Alliance Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dinh Kristina $278,000
Closed Le Tung $286,500
Previous Owner Furuta Mark $168,000
Previous Owner Us Bank National Association $98,620
Previous Owner Gonzalez Jose L $359,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2020 02/27/20 Sold $392,000 0.0% $212 / Sq Ft
01/30/2020 01/30/20 Off Market $392,000 -- --
01/06/2020 01/06/20 Pending -- -- --
10/30/2019 10/30/19 For Sale $399,000 -- $216 / 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 $4,541 $428,703 $92,956 $335,747
2024 $4,541 $420,298 $91,134 $329,164
2023 $4,424 $412,058 $89,348 $322,710
2022 $4,347 $403,980 $87,597 $316,383
2021 $4,298 $396,060 $85,880 $310,180
2020 $1,650 $147,765 $105,970 $41,795
2019 $1,627 $144,869 $103,893 $40,976
2018 $1,577 $142,029 $101,856 $40,173
2017 $1,550 $139,245 $99,859 $39,386
2016 $1,472 $136,515 $97,901 $38,614
2015 $1,444 $134,465 $96,431 $38,034
2014 $1,421 $131,832 $94,543 $37,289
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 19074845

MetroList

APN: 065-0180-021