NOT LISTED FOR SALE

Estimated Value: $778,000 - $812,000

7 Beds
2 Baths
3,302 Sq Ft
$241/Sq Ft Est. Value

Last Sold June 07, 2024

Last sale price $800,000 $242 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $4,808/month

20 Days on Market

Highlights

  • Downtown View
  • Craftsman Architecture
  • Wood Flooring
  • William Land Elementary School Rated A-
  • Green Roof
  • 4-minute walk to Southside Park

About This Home

As of June 2024

Duplex includes 2 individual units. 7 Bedrooms 3300sf total; Unit916V- 4 bedrooms 1700sf & Unit918V- 3 bedrooms 1600sf. Both units Kitchens, Baths & Laundries completely remodeled. Brand New Roof, double-glazed low-E windows throughout, and all updated flooring. Both units feature Very Spacious living areas. Kitchens with granite countertops and newer appliances. Also included in both units are Washers, Dryers, Refrigerators, & all big-ticket displayed furnishing. (see flyer at property.) This enormous investment updated for the comfort of owner occupancy & favorable loan rate, plus a separate unit leased to nest steady income. Or it'd return a 7%+ Cap Rate with both units leased! Both units have their own separate utility meters & street mailing addresses instead unit #s. Upper unit's sizable balcony covers the entire faade, lower unit has a fenced backyard. Both units have almost an identical very spacious floor plan layout covering the same footprint. 916V covers the entire 2nd level & 918V covers the entire ground level. Old-world charm meets the updated convenience ideally located on a Quiet street 2 blocks between casual Southside Park & an Elementary School close to everything in the heart of Sacramento, exciting K Street, & fast-growing Broadway District.

Last Agent to Sell the Property

John Chen

Realty Agents Inc License #01929818 Listed on: 04/26/2024

Last Buyer's Agent

Esther Ham

Realty One Group Complete License #02219464

Realty One Group Complete

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,640

Year Built

  • Built in 1910 | Remodeled

Lot Details

  • 3,049 Sq Ft Lot
  • Fenced Yard

Property Views

  • Downtown
  • Park or Greenbelt

Home Design

  • Duplex
  • Craftsman Architecture
  • Raised Foundation
  • Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,302 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • ENERGY STAR Qualified Windows with Low Emissivity
  • Window Treatments
  • Bay Window
  • Window Screens
  • Formal Entry
  • Laundry in unit

Kitchen

  • Self-Cleaning Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Green Roof
  • ENERGY STAR Qualified Appliances

Outdoor Features

  • Balcony

Utilities

  • Multiple cooling system units
  • Cooling System Powered By Renewable Energy
  • Window Unit Cooling System
  • Multiple Heating Units
  • Floor Furnace
  • Wall Furnace
  • Separate Meters
  • Natural Gas Connected
  • Separate Water Meter
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, grounds care, maintenance
  • Assessor Parcel Number 009-0197-012-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • The community has rules related to allowing live work

Amenities

  • Laundry Facilities

Building Details

  • 1 Leased Unit
  • 1 Vacant Unit
  • 1 Unit Leased Month-To-Month
  • Net Lease
  • Insurance Expense $895

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,640

Year Built

Built in 1910 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Subtype Description: Live/Work
  • Property Subtype 1: Duplex
  • Year Built: 1910
  • Architectural Style: Craftsman
  • Levels: Two
  • Stories: 2
  • Number of Three Bedroom Units: 1
  • Number of Four Bedroom Units: 1
  • ResoPropertyType: ResidentialIncome
  • Number Of3 Bedrooms Occupied: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Gas Cook Top, Gas Water Heater, Microwave, Dishwasher, Disposal, Self/Cont Clean Oven, Electric Cook Top, ENERGY STAR Qualified Appliances
  • Interior Amenities: Formal Entry
  • Flooring: Carpet, Tile, Laminate, Wood, Varies by Unit
  • Price Per Square Foot: 242.28
  • Square Footage: 3302.00
  • Window Features: Bay Window(s), Dual Pane Full, Window Coverings, Window Screens, Low E Glass Full

Exterior Features

  • Construction Materials: Frame, Wood, Wood Siding
  • Disclosures/Documents: Owner Occupies 1 Unit, Preliminary Title Report, Transfer Disclosure Statement, Home Inspection Report
  • Exterior Features: Fenced Yard, Yard Space
  • Foundation: Raised
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 800000.00
  • Lot Features: Curb(s), Sidewalk
  • New Construction: No
  • Patio And Porch Features: Balcony/Deck
  • Pool: No
  • Property Condition: Updated/Remodeled
  • Roof: Composition
  • Spa: No
  • Topography: LevelLevel
  • View Description: Park, Downtown

Garage/Parking

  • Parking Features: See Remarks

Utilities

  • Security: Carbon Mon Detector, Double Strapped Water Heater, Fire Extinguisher, Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, Cable Connected, City, Electric, Internet Available
  • Cooling: Ceiling Fan(s), Window Unit(s), Varies by Unit, MultiUnits
  • Heating: Floor Furnace, Gas, Wall Furnace, MultiUnits
  • Laundry Features: Washer/Dryer Owned, In Each Unit
  • Water Source: Public
  • Separate Meters: Electricity, Gas, Water

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: R-1B
  • Irrigation: None
  • Lot Size Acres: 0.0700
  • Lot Size Sq Ft: 3049.00
  • ResoLotSizeUnits: Acres

Green Features

  • Energy Efficient: Appliances, Cooling, Roof, Windows

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Grounds Care, Maintenance
  • Lease Expiration Date: 1800-01-011800-01-01
  • Lease Type: Net

Multi Family

  • Gross Income: 60000
  • Income Includes: ["Rent Only"]
  • Total Number Leasable: 1
  • Insurance Expense: 895
  • Number of Leased Units: 1
  • Number of Month to Month Units: 1
  • Number of Units: 2
  • Number of Vacant Units: 1
  • Units Furnished: None
  • Three Bedroom Annual Occupancy: 100
  • Four Bedroom Annual Occupancy: 100
  • Gross Income Multiplier: 13.800
  • Three Bedroom Rent Range: 2100-2199
  • Four Bedroom Rent Range: 2799-2899
  • Total Number Owner Occupied: 1

Tax Info

  • Assessor Parcel Number: 009-0197-012-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2024
Closed on
Jun 4, 2024
Sold by
Absolute Trust and Chen Johnson C
Bought by
Flanigan Tyler and Ham Esther
Seller's Agent
John Chen
Realty Agents Inc
Buyer's Agent
Esther Ham
Realty One Group Complete
List Price
$899,000
Sold Price
$800,000
Premium/Discount to List
-$99,000
-11.01%
Views
45
Current Estimated Value
$795,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,010
Avg. Annual Appreciation
1.55%
Original Mortgage
$600,000
Outstanding Balance
$593,591
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$221,447

Purchase Details

Closed on
Aug 13, 2021
Sold by
Chen Johnson C
Bought by
Chen Johnson C and The Absolute Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,876
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2019
Sold by
Chen Johnson and Liu Xiaotang
Bought by
Chen Johnson C and Absolute Trust

Purchase Details

Listed on
Jun 7, 2013
Closed on
Oct 11, 2013
Sold by
Chen Johnson
Bought by
Johnson Liu Xiaotang and Johnson Chen
Seller's Agent
John Wong
Berkshire Hathaway HomeServices-Drysdale Properties
Buyer's Agent
John Chen
Realty Agents Inc
List Price
$399,950
Sold Price
$370,000
Premium/Discount to List
-$29,950
-7.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.80%
Original Mortgage
$296,000
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 7, 2013
Closed on
Aug 23, 2013
Sold by
Kotani Ben T and Kotani Grace S
Bought by
Chen Johnson
Seller's Agent
John Wong
Berkshire Hathaway HomeServices-Drysdale Properties
Buyer's Agent
John Chen
Realty Agents Inc
List Price
$399,950
Sold Price
$370,000
Premium/Discount to List
-$29,950
-7.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 7, 2013
Closed on
Jul 31, 2013
Sold by
Icasiano Ingrid
Bought by
Morishita Bruce M
Seller's Agent
John Wong
Berkshire Hathaway HomeServices-Drysdale Properties
Buyer's Agent
John Chen
Realty Agents Inc
List Price
$399,950
Sold Price
$370,000
Premium/Discount to List
-$29,950
-7.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 19, 2009
Sold by
The Helen M Morishita Irrevocable Granto
Bought by
Kotani Ben T and Kotani Grace S

Purchase Details

Closed on
Jul 21, 2006
Sold by
Morishita Helen M
Bought by
Helen M Morishita Irrevocable Grantor Tr

Purchase Details

Closed on
Jun 21, 2006
Sold by
Morishita Donald N and Morishita Bruce M
Bought by
Morishita Helen M

Purchase Details

Closed on
Oct 27, 2004
Sold by
The Helen M Morishita Revocable Trust
Bought by
Morishita Donald N and Morishita Bruce M

Purchase Details

Closed on
Oct 30, 2002
Sold by
Morishita Mitsuko
Bought by
Morishita Helen M and Helen M Morishita Revocable Tr
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
Flanigan Tyler $800,000 Placer Title
Chen Johnson C -- Amrock Llc
Chen Johnson C -- Amrock Llc
Chen Johnson C -- Amrock Llc
Chen Johnson C -- Amrock Llc
Chen Johnson C -- None Available
Johnson Liu Xiaotang -- None Available
Chen Johnson $370,000 Placer Title Company
Morishita Bruce M -- Placer Title Company
Kotani Ben T -- None Available
Helen M Morishita Irrevocable Grantor Tr -- None Available
Morishita Helen M -- None Available
Morishita Donald N -- --
Morishita Helen M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flanigan Tyler $600,000
Previous Owner Chen Johnson C $298,876
Previous Owner Chen Johnson C $297,000
Previous Owner Liu Xiaotang $315,000
Previous Owner Liu Xiaotang $315,000
Previous Owner Chen Johnson $294,000
Previous Owner Chen Johnson $296,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2024 06/07/24 Sold $800,000 0.0% $242 / Sq Ft
05/16/2024 05/16/24 Pending -- -- --
05/04/2024 05/04/24 Price Changed $800,000 -3.5% $242 / Sq Ft
05/02/2024 05/02/24 Price Changed $829,000 -2.4% $251 / Sq Ft
05/01/2024 05/01/24 Price Changed $849,000 -3.0% $257 / Sq Ft
04/30/2024 04/30/24 Price Changed $875,000 -0.6% $265 / Sq Ft
04/30/2024 04/30/24 Price Changed $880,000 -2.1% $267 / Sq Ft
04/26/2024 04/26/24 For Sale $899,000 +143.0% $272 / Sq Ft
08/28/2013 08/28/13 Sold $370,000 -7.5% $112 / Sq Ft
07/30/2013 07/30/13 Pending -- -- --
06/07/2013 06/07/13 For Sale $399,950 -- $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 $5,640 $816,000 $255,000 $561,000
2024 $5,640 $444,664 $133,396 $311,268
2023 $5,509 $435,946 $130,781 $305,165
2022 $5,416 $427,399 $128,217 $299,182
2021 $5,167 $419,019 $125,703 $293,316
2020 $5,204 $414,724 $124,415 $290,309
2019 $5,095 $406,593 $121,976 $284,617
2018 $4,965 $398,622 $119,585 $279,037
2017 $4,899 $390,807 $117,241 $273,566
2016 $4,731 $383,145 $114,943 $268,202
2015 $4,664 $377,391 $113,217 $264,174
2014 $781 $37,951 $9,478 $28,473
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 224043342

MetroList

APN: 009-0197-012