NOT LISTED FOR SALE

Estimated Value: $635,416 - $708,000

5 Beds
4 Baths
1,980 Sq Ft
$346/Sq Ft Est. Value

Last Sold August 31, 2017

Last sale price $450,000 $227 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $4,270/month

29 Days on Market

Highlights

  • No HOA
  • Cottage
  • 1-Story Property
  • Joseph Kerr Middle School Rated A-

About This Home

As of August 2017

$10K Price Reduction, Affordable Duplex Both RENTED $1,250 & month to month Lease,Unit# 8964 have 3 bedroom, 2 bath, 2 car garage, Unit 8966 have 2 bedroom 2 bath, 2 car garage, Covered Patio, Living Space, Both Unit have newer carpet in the great room and Newer Paint, Newer A/C,upgraded ceramic tiles in the Kitchen and Bathroom, Cozy fireplace with stainless steel flute, Laundry hook up in Garage, Low maintenance concrete backyard. Unit 8964 is long term & good Tenants wants to Stay. As-Is

Last Agent to Sell the Property

Sally Dauz

Legacy Real Estate & Associates License #01187514 Listed on: 07/02/2017

Legacy Real Estate & Associates

Last Buyer's Agent

Reinelda Wilkerson

MAE Capital Real Estate and Loan License #01770216

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,980

Year Built

  • Built in 1980

Lot Details

  • 8,030

Parking

  • 4 Car Garage

Home Design

  • Duplex
  • Cottage
  • Composition Roof

Additional Features

  • 1-Story Property
  • 8,030 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for cable tv electricity rent only sewer trash collection water
  • Assessor Parcel Number 127-0260-050-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • Rancho Grande 07 Subdivision

Building Details

  • Oral Lease Type

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,980

Year Built

Built in 1980

Lot Details

0

Parking

4

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1980
  • Architectural Style: Cottage/Bungalow
  • Stories: 1
  • Subdivision: Rancho Grande 07
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher,Disposal,Free Standing Electric Oven,Free Standing Electric Range
  • Flooring: Carpet,Laminate,Tile,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Vinyl Siding,Wood
  • Disclosures/Documents: CC&Rs,Natural Hazard Disclosure Available,Rental/Lease Agmts,Roof Inspection,Structural Pest Control Report,Transfer Disclosure Statement
  • Listing Price: 460000.00
  • Patio And Porch Features: Covered Patio,Varies by Unit
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Garage,Street

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Utilities: Cable Available,Cable Connected,Internet Available
  • Cooling: Ceiling Fan(s),Central,Window Unit(s),See Remarks
  • Heating: Central,Electric,Fireplace Insert

Condo/Co-op/Association

  • Association Features: Patios/Balcony,Separate Laundry Facility,Yard Space
  • Association: No

Schools

  • Senior High School District: Elk Grove Unified

Lot Info

  • Zoning Description: RD-10
  • Lot Size Acres: 0.1843
  • Lot Size Sq Ft: 8030

Rental Info

  • Tenant Pays: Cable TV,Electricity,Rent Only,Sewer,Trash Collection,Water

Multi Family

  • Income Includes: Rent Only
  • Existing Lease Type: Oral
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 127-0260-050-0000

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2023
Sold by
Chauhan Family Trust and Chauhan Munaf Mohamad
Bought by
Shaikh Tehmas and Shaikh Subhana
Current Estimated Value
$685,354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$688,750
Outstanding Balance
$677,386
Interest Rate
7.79%
Mortgage Type
New Conventional
Estimated Equity
$7,968

Purchase Details

Closed on
Jul 3, 2020
Sold by
Chauhan Munaf and Shaikh Taslim
Bought by
Chauhan Munaf Mohamad and Shaikh Taslim Bibi

Purchase Details

Listed on
Jul 2, 2017
Closed on
Aug 24, 2017
Sold by
Mann Pushpa and Mann Steve
Bought by
Chauhan Munaf and Shaikh Taslim
Seller's Agent
Sally Dauz
Legacy Real Estate & Associates
Buyer's Agent
Reinelda Wilkerson
MAE Capital Real Estate and Loan
List Price
$460,000
Sold Price
$450,000
Premium/Discount to List
-$10,000
-2.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.28%
Original Mortgage
$337,500
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2009
Sold by
Mann Steve and Mann Pushpa
Bought by
Mann Pushpa and Mann Steve

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,244
Interest Rate
5.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2003
Sold by
Puri Hitesh and Puri Vimmi
Bought by
Mann Steve and Mann Pushpa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 25, 2002
Sold by
Waltmire Steven H
Bought by
Puri Hitesh and Puri Vimmi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,400
Interest Rate
7.11%
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
Shaikh Tehmas $725,000 Fidelity National Title Compan
Shaikh Tehmas $725,000 Fidelity National Title Compan
Chauhan Munaf Mohamad -- None Available
Chauhan Munaf $450,000 North American Title Company
Mann Pushpa -- Commerce Title Company
Mann Steve $309,000 Alliance Title Company
Puri Hitesh $208,000 Financial Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shaikh Tehmas $688,750
Closed Shaikh Tehmas $688,750
Previous Owner Chauhan Munaf $337,500
Previous Owner Mann Pushpa $186,244
Previous Owner Mann Steve $215,000
Previous Owner Puri Hitesh $166,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2017 08/31/17 Sold $450,000 -2.2% $227 / Sq Ft
07/31/2017 07/31/17 Pending -- -- --
07/02/2017 07/02/17 For Sale $460,000 -- $232 / 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 $7,980 $739,500 $147,900 $591,600
2024 $7,980 $725,000 $145,000 $580,000
2023 $5,474 $492,138 $147,641 $344,497
2022 $5,369 $482,490 $144,747 $337,743
2021 $5,295 $473,030 $141,909 $331,121
2020 $5,220 $468,180 $140,454 $327,726
2019 $5,120 $459,000 $137,700 $321,300
2018 $4,979 $450,000 $135,000 $315,000
2017 $4,305 $385,599 $109,811 $275,788
2016 $4,085 $378,039 $107,658 $270,381
2015 $4,007 $372,361 $106,041 $266,320
2014 $3,941 $365,068 $103,964 $261,104
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 17041901

MetroList

APN: 127-0260-050