NOT LISTED FOR SALE

Estimated Value: $611,000 - $953,000

Studio
2 Baths
-- Sq Ft
4.1 Acres Lot

Sale Details

Date Sold: September 2, 2020

Last sale price $675,000 $0 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $5,108 / mo

202 Days on Market

Highlights

  • 4.1 Acre Lot
  • No HOA
  • Security System Owned
  • Roy Herburger Elementary School Rated A-
  • Double Pane Windows
  • Accessible Approach with Ramp

About This Home

As of September 2020

4.1 acres zoned RD-6. Property currently has two residences. Highest best use will be as development property. Home one is 1563 square feet in excellent condition. Second home is in poor condition. Earn income while going through the development process.To be sold with the 1.5 acre adjacent lot at 8717 E Stockton Blvd.

Last Agent to Sell the Property

Nicolas Bokides

Bokides-Hesseltine Real Estate License #01851351 Listed on: 01/04/2020

Last Buyer's Agent

Nicolas Bokides

Bokides-Hesseltine Real Estate License #01851351 Listed on: 01/04/2020

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1985

Lot Details

  • 4.1

Parking

  • Open Parking

Home Design

  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Double Pane Windows
  • Security System Owned

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • Well
  • Septic System

Additional Features

  • Accessible Approach with Ramp
  • 4.1 Acre Lot

Listing and Financial Details

  • Tenant pays for cable tv electricity trash collection
  • Assessor Parcel Number 115-0161-005-0000

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 2 Units

Building Details

  • 1 Leased Unit
  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Year Built

Built in 1985

Lot Details

4.1 Acres

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Other
  • Year Built: 1985
  • Accessibility Features: AccessibleApproachwithRamp
  • Architectural Style: Ranch
  • Stories: 1
  • Number of Three Bedroom Units: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher,Electric Cook Top,See Remarks
  • Other Equipment: Varies by Unit
  • Flooring: Carpet,Tile
  • Window Features: Dual Pane Partial

Exterior Features

  • Construction Materials: Frame,Stucco,Wood
  • Disclosures/Documents: Seller Property Questionnaire,Transfer Disclosure Statement
  • Listing Price: 750000.00
  • Roof: Composition

Garage/Parking

  • Parking Features: Open

Utilities

  • Security: Security System Owned
  • Sewer: Septic System
  • Cooling: Central
  • Electric: 220 Volts
  • Heating: Central
  • Water Source: Well

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Elk Grove Unified

Lot Info

  • Zoning Description: RD-6
  • Lot Size Acres: 4.1000
  • Lot Size Sq Ft: 178596

Rental Info

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

Multi Family

  • Income Includes: Rent Only
  • Existing Lease Type: See Remarks
  • Number of Leased Units: 1
  • Number of Units: 2
  • Number of Vacant Units: 1
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 115-0161-005-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2020
Closed on
Aug 22, 2020
Sold by
Radmacher Richard and The Alva F Rich 2014 Living Tr
Bought by
T & D Investment Holdings Llc
Seller's Agent
Nicolas Bokides
Bokides-Hesseltine Real Estate
Buyer's Agent
Nicolas Bokides
Bokides-Hesseltine Real Estate
List Price
$750,000
Sold Price
$675,000
Premium/Discount to List
-$75,000
-10%
Current Estimated Value
$768,817

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,817
Avg. Annual Appreciation
2.33%

Purchase Details

Closed on
Dec 20, 2019
Sold by
Sakakihara Diane
Bought by
Radmacher Richard

Purchase Details

Closed on
Mar 27, 2014
Sold by
Rich Alva Francis
Bought by
Rich Alva F

Purchase Details

Closed on
Jan 14, 1997
Sold by
Kenneth Colyar Richard and Kenneth Linda C
Bought by
Rich Alva Francis and Hall Patricia Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
7.46%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
T & D Investment Holdings Llc $850,000 Old Republic Title Company
Radmacher Richard -- None Available
Rich Alva F -- None Available
Rich Alva Francis $185,000 Sacramento Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rich Alva Francis $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/02/2020 09/02/20 Sold $675,000 -10.0% --
07/24/2020 07/24/20 Pending -- -- --
01/04/2020 01/04/20 For Sale $750,000 -- --
Source: MetroList

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 $12,387 $730,641 $324,729 $405,912
2024 $12,387 $716,315 $318,362 $397,953
2023 $12,182 $702,270 $312,120 $390,150
2022 $12,042 $688,500 $306,000 $382,500
2021 $10,794 $675,000 $300,000 $375,000
2020 $5,446 $494,519 $203,302 $291,217
2019 $5,342 $484,823 $199,316 $285,507
2018 $5,194 $475,317 $195,408 $279,909
2017 $5,100 $465,998 $191,577 $274,421
2016 $4,836 $456,862 $187,821 $269,041
2015 $2,732 $250,689 $86,723 $163,966
2014 $2,687 $245,780 $85,025 $160,755
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 20000583

MetroList

APN: 115-0161-005

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