NOT LISTED FOR SALE

Estimated Value: $771,000 - $791,000

8 Beds
4 Baths
3,150 Sq Ft
$248/Sq Ft Est. Value

Last Sold December 06, 2019

Last sale price $555,000 $176 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $5,257/month

1 Day on Market

Highlights

  • Contemporary Architecture
  • 1-minute walk to Starfire
  • 4-minute walk to Manlove Park
  • Central Heating and Cooling System

About This Home

As of December 2019

CASHFLOW! McKeon 4Plex. ALL UNITS RENTED. Onsite Laundry in back of units with coin operated washer and dryer (extra cashflow). Units were updated three years ago along with A/C unit. Garage parking for each tenant. Great location and walking distance to metro station for easy access to downtown.

Last Agent to Sell the Property

Faith Allmond

Faith Allmond, Broker License #01777221 Listed on: 12/01/2019

Faith Allmond, Broker

Last Buyer's Agent

Esperanza Garnica

Berkshire Hathaway Home Services Elite Real Estate License #02038649

Berkshire Hathaway Home Services Elite Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,297

Year Built

  • Built in 1997

Lot Details

  • 10,088

HOA Fees

  • $400 Monthly HOA Fees

Parking

  • 4 Car Garage

Home Design

  • Quadruplex
  • Contemporary Architecture
  • Slab Foundation
  • Composition Roof

Additional Features

  • 2-Story Property
  • 10,088 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable tv electricity sewer trash collection water
  • Assessor Parcel Number 075-0162-019-0000

Community Details

Overview

  • 4 Units
  • Cypress Meadows Subdivision

Building Details

  • 4 Leased Units
  • 4 Units Leased Month-To-Month
  • Insurance Expense $1,569

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,297

Year Built

Built in 1997

Lot Details

0

HOA Fees

$400 per month

Parking

4

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1997
  • Architectural Style: Contemporary
  • Stories: 2
  • Subdivision: Cypress Meadows
  • Number of Two Bedroom Units: 4
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Electric Range,Free Standing Refrigerator
  • Flooring: Carpet,Tile,Linoleum/Vinyl
  • Window Features: Dual Pane Partial,Window Coverings

Exterior Features

  • Construction Materials: Stone,Stucco,Wood
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,None
  • Foundation: Slab
  • Listing Price: 555000.00
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 4
  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Parking Features: 1 Space Per Unit
  • Total Parking Spaces: 4

Utilities

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

Condo/Co-op/Association

  • Association Features: Cabana Club,Pool,Public Trans Nearby,Separate Laundry Facility,See Remarks
  • Association Fee: 400
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: RD20
  • Lot Size Acres: 0.2316
  • Lot Size Sq Ft: 10088

Rental Info

  • Tenant Pays: Cable TV,Electricity,Sewer,Trash Collection,Water
  • Total # Leasable: 4

Multi Family

  • Gross Income: 45000
  • Income Includes: Rent Only
  • Insurance Expense: 1569
  • Number of Leased Units: 4
  • Number of Month to Month Units: 4
  • Number of Units: 4
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 075-0162-019-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2019
Closed on
Dec 4, 2019
Sold by
Agboli Fidelis and Agboli Fidelis C
Bought by
Garnica Esperanza
Seller's Agent
Faith Allmond
Faith Allmond, Broker
Buyer's Agent
Esperanza Garnica
Berkshire Hathaway Home Services Elite Real Estate
List Price
$555,000
Sold Price
$555,000
Current Estimated Value
$779,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,812
Avg. Annual Appreciation
6.04%

Purchase Details

Closed on
Oct 20, 2016
Sold by
Agboli Fidelis and Agboli Fidelis C
Bought by
Agboli Fidelis and Agboli Fidelis C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,136
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 4, 2015
Closed on
Jan 26, 2016
Sold by
Toor Santokh S and Toor Arpinder K
Bought by
Agboli Fidelis and Agboli Fidelis C
Seller's Agent
Sukhi Sander
Global Realty Services
Buyer's Agent
Faith Allmond
Faith Allmond, Broker
List Price
$385,000
Sold Price
$365,000
Premium/Discount to List
-$20,000
-5.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.22%
Original Mortgage
$358,388
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 19, 2011
Sold by
Toor Santokh S and Toor Arpinder K
Bought by
Toor Santokh S and Toor Arpinder K

Purchase Details

Closed on
Jul 29, 2008
Sold by
Jpmorgan Chase Bank Na
Bought by
Toor Santokh S

Purchase Details

Closed on
Aug 25, 2007
Sold by
Nord Lekesha L
Bought by
Jpmorgan Chase Bank Na

Purchase Details

Closed on
Jan 26, 2005
Sold by
Nord Keith
Bought by
Nord Lekesha L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 12, 2005
Sold by
Cypress Meadows North Llc
Bought by
Nord Lekesha L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 12, 2004
Sold by
Arthur Gerald D and Arthur Dorothy P
Bought by
Cypress Meadows North Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,540,000
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 19, 2002
Sold by
Cypress Meadows Investors Llc
Bought by
Arthur Gerald D and Arthur Dorothy P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,732,500
Interest Rate
6.8%
Mortgage Type
Balloon

Purchase Details

Closed on
May 31, 2001
Sold by
Cypress Meadows Llc
Bought by
Munson Alden V and Munson Jane S

Purchase Details

Closed on
Nov 1, 1996
Sold by
Hollingshead Peter
Bought by
Cypress Meadows Investors Llc

Purchase Details

Closed on
Mar 12, 1996
Sold by
Pine Civic Associates
Bought by
Hollingshead Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,500
Interest Rate
7.01%
Source: Public Records

Range of Values:

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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
Garnica Esperanza $555,000 Cornerstone Title Company
Agboli Fidelis -- Orange Coast Title Company O
Agboli Fidelis $365,000 Orange Coast Title Co Norcal
Toor Santokh S -- None Available
Toor Santokh S $173,500 First American Title Company
Jpmorgan Chase Bank Na $395,100 None Available
Nord Lekesha L -- Chicago Title Co
Nord Lekesha L $550,000 Chicago Title Co
Cypress Meadows North Llc -- First American Title Ins Co
Arthur Gerald D -- North American Title Co
Munson Alden V -- North American Title Co
Cypress Meadows Investors Llc -- --
Hollingshead Peter $155,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Agboli Fidelis $359,136
Previous Owner Agboli Fidelis $358,388
Previous Owner Toor Santokh S $2,950,000
Previous Owner Nord Lekesha L $440,000
Previous Owner Cypress Meadows North Llc $10,540,000
Previous Owner Arthur Gerald D $4,732,500
Previous Owner Hollingshead Peter $108,500
Closed Nord Lekesha L $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2019 12/06/19 Sold $555,000 0.0% $176 / Sq Ft
12/02/2019 12/02/19 Pending -- -- --
12/01/2019 12/01/19 For Sale $555,000 +52.1% $176 / Sq Ft
02/05/2016 02/05/16 Sold $365,000 -5.2% $115 / Sq Ft
11/18/2015 11/18/15 Pending -- -- --
09/04/2015 09/04/15 For Sale $385,000 -- $121 / 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 $7,297 $606,968 $191,386 $415,582
2024 $7,297 $595,068 $187,634 $407,434
2023 $7,125 $583,401 $183,955 $399,446
2022 $7,003 $571,963 $180,349 $391,614
2021 $6,675 $560,749 $176,813 $383,936
2020 $6,729 $555,000 $175,000 $380,000
2019 $4,802 $387,339 $187,833 $199,506
2018 $4,678 $379,745 $184,150 $195,595
2017 $4,614 $372,300 $180,540 $191,760
2016 $2,366 $188,730 $108,779 $79,951
2015 $2,333 $185,897 $107,146 $78,751
2014 $2,271 $182,257 $105,048 $77,209
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 19080059

MetroList

APN: 075-0162-019