NOT LISTED FOR SALE

Estimated Value: $605,000 - $661,000

6 Beds
4 Baths
2,418 Sq Ft
$259/Sq Ft Est. Value

Last Sold January 31, 2012

Last sale price $195,000 $81 Per Sq Ft

Est. 222% increase in value since last sale

Current estimated payment $3,676/month

14 Days on Market

Highlights

  • No HOA
  • Garage
  • 1-Story Property
  • Double Pane Windows

About This Home

As of January 2012

Fantastic rental income opportunity. 3 bdrm/2 bath (each side) duplex near Folsom Blvd Light Rail in Sacramento. Both units upgraded in 2009, one side repainted & carpeted 2011. Both units have a 1 car garage & lrg backyard. Each side generates $1050 per mo rent. Great cash flow. Move in condition.

Last Agent to Sell the Property

John Cypher

Windermere Signature Properties El Dorado Hills/Folsom License #01397566 Listed on: 12/13/2011

Windermere Signature Properties El Dorado Hills/Folsom

Last Buyer's Agent

Christine Hutchins

James Phillips Realty License #01112057

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,087

Year Built

  • Built in 1964

Lot Details

  • 6,708 Sq Ft Lot

Parking

  • Garage

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Double Pane Windows
  • Fire and Smoke Detector

Listing and Financial Details

  • Tenant pays for cable tv electricity gas sewer trash collection water
  • Assessor Parcel Number 075-0092-005-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Larchmont Subdivision

Building Details

  • 1 Leased Unit
  • 1 Vacant Unit
  • 2,100 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,087

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1964
  • Stories: 1
  • Subdivision: Larchmont
  • Number of Three Bedroom Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher,Disposal,Free Standing Electric Oven,Gas Cook Top
  • Other Equipment: None
  • Flooring: Carpet,Laminate,Tile
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Wood
  • Disclosures/Documents: CC&Rs,Natural Hazard Disclosure Available,Rental/Lease Agmts,Transfer Disclosure Statement
  • Listing Price: 194900.00
  • Roof: Composition

Garage/Parking

  • Parking Features: Garage

Utilities

  • Security: Smoke Detector
  • Cooling: Ceiling Fan(s),Central,MultiUnits
  • Heating: Central,MultiUnits,Natural Gas

Condo/Co-op/Association

  • Association Features: Extra Storage,Laundry Hook-Up in Units,Patios/Balcony,Yard Space
  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: RD10
  • Lot Size Acres: 0.1540
  • Lot Dimensions: 0x0
  • Lot Size Sq Ft: 6708

Rental Info

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

Multi Family

  • Gross Income: 25200
  • Income Includes: See Remarks
  • Number of Leased Units: 1
  • Number of Month to Month Units: 2100
  • Number of Units: 2
  • Number of Vacant Units: 1
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 075-0092-005-0000

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 15, 2020
Sold by
Miroth Zainah and Tayyeb Zainah
Bought by
Miroth Melvin
Current Estimated Value
$627,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,000
Outstanding Balance
$158,324
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$469,068

Purchase Details

Closed on
Apr 17, 2015
Sold by
Tayyeb Zainah and Tayyeb Zainah A
Bought by
Miroth Melvin and Tayyeb Zainah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,600
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 13, 2011
Closed on
Jan 26, 2012
Sold by
Bidarmaghz Revocable Trust
Bought by
Tayyeb Zainah A
Seller's Agent
John Cypher
Windermere Signature Properties El Dorado Hills/Folsom
Buyer's Agent
Christine Hutchins
James Phillips Realty
List Price
$194,900
Sold Price
$195,000
Premium/Discount to List
$100
0.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.99%
Original Mortgage
$190,056
Interest Rate
3.9%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 3, 2009
Sold by
Aurora Loan Services Llc
Bought by
Bidarmaghz Revocable Trust

Purchase Details

Closed on
Jan 28, 2009
Sold by
Jusic Cerim and Jusic Izeta
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Apr 14, 2005
Sold by
Griffin Dennis E and Griffin Juliette J
Bought by
Jusic Cerim and Jusic Izeta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.12%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 17, 2002
Sold by
Cowan Harry
Bought by
Griffin Dennis E and Griffin Juliette J

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
7.08%

Purchase Details

Closed on
Jan 16, 2002
Sold by
Cowan Susan Wilson
Bought by
Cowan Harry

Purchase Details

Closed on
Jul 13, 1998
Sold by
Wilson Gerald E
Bought by
Cowan Harry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,200
Interest Rate
7.03%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 5, 1998
Sold by
Louise Weeks Billie Louise and Louise Billie
Bought by
Wilson Gerald Edwin
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
Miroth Melvin -- Chicago Title Company
Miroth Melvin -- Old Republic Title Company
Tayyeb Zainah A $195,000 Fidelity National Title Co
Bidarmaghz Revocable Trust $142,000 Lsi Title Agency
Aurora Loan Services Llc $191,400 Accommodation
Jusic Cerim $450,000 Placer Title Company
Griffin Dennis E $210,000 Chicago Title Co
Cowan Harry -- Chicago Title Co
Cowan Harry -- --
Wilson Gerald Edwin $27,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miroth Melvin $178,000
Closed Miroth Melvin $181,600
Closed Tayyeb Zainah $190,056
Closed Tayyeb Zainah A $190,056
Previous Owner Jusic Cerim $388,000
Previous Owner Jusic Cerim $48,500
Previous Owner Jusic Cerim $360,000
Previous Owner Griffin Dennis E $168,000
Previous Owner Cowan Harry $29,200
Closed Jusic Cerim $67,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2012 01/31/12 Sold $195,000 +0.1% $81 / Sq Ft
12/27/2011 12/27/11 Pending -- -- --
12/13/2011 12/13/11 For Sale $194,900 -- $81 / 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 $3,087 $244,919 $62,796 $182,123
2024 $3,087 $240,117 $61,565 $178,552
2023 $3,015 $235,409 $60,358 $175,051
2022 $2,963 $230,794 $59,175 $171,619
2021 $2,829 $226,269 $58,015 $168,254
2020 $2,848 $223,950 $57,421 $166,529
2019 $2,788 $219,560 $56,296 $163,264
2018 $2,717 $215,256 $55,193 $160,063
2017 $2,681 $211,036 $54,111 $156,925
2016 $2,495 $206,899 $53,050 $153,849
2015 $2,380 $203,793 $52,254 $151,539
2014 $2,314 $199,802 $51,231 $148,571
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 11086294

MetroList

APN: 075-0092-005