NOT LISTED FOR SALE

Estimated Value: $612,000 - $666,000

-- Bed
4 Baths
-- Sq Ft
8,276 Sq Ft Lot

Last Sold June 11, 2021

Last sale price $520,000

Est. 23% increase in value since last sale

Current estimated payment $4,033/month

7 Days on Market

Highlights

  • Corner Lot
  • 2-minute walk to Tiber
  • Fenced Yard
  • No HOA
  • Covered Patio or Porch
  • Landscaped

About This Home

As of June 2021

A rare duplex find in a great location and a Diamond In The Ruff in desirable College Greens East! Turn this rare 3 bedroom 2 bathroom 2 car garage into a real money maker! Convenient to FWY 50 Access, American River, and only 2 blocks from the light rail station on large corner lot! Both sides are tenant occupied. Please Read the Private Remarks Prior To Writing Offer! Updated disclosures added on 4/27/2021!

Last Agent to Sell the Property

Carol Savorn

Carol Savorn Real Estate License #00708117 Listed on: 04/21/2021

Last Buyer's Agent

Randall Ortiz

Zitro Real Estate Services License #01819298

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,814

Year Built

  • Built in 1976

Lot Details

  • 8,276 Sq Ft Lot
  • Fenced Yard
  • Landscaped
  • Corner Lot

Parking

  • 4 Car Garage
  • On-Street Parking

Home Design

  • Duplex
  • Fixer Upper
  • Planned Development
  • Concrete Foundation
  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 1-Story Property
  • Window Treatments
  • Washer and Dryer Hookup

Kitchen

  • Free-Standing Electric Oven
  • Free-Standing Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Linoleum

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • Natural Gas Connected
  • Property is located within a water district
  • ENERGY STAR Qualified Water Heater
  • Gas Water Heater
  • Sewer in Street
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $2,300
  • Tenant pays for cable TV, electricity, gas, water
  • Assessor Parcel Number 075-0600-001-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • College Greens East 07 Lot 1 Subdivision

Building Details

  • 2 Units Leased Month-To-Month
  • Insurance Expense $825
  • Maintenance Expense $4,641
  • Professional Management Expense $2,160
  • Operating Expense $840

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,814

Year Built

Built in 1976

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Subtype Description: Planned Unit Develop
  • Property Subtype 1: Duplex
  • Year Built: 1976
  • Accessibility Features: None
  • Architectural Style: Unknown
  • Levels: One
  • Stories: 1
  • Subdivision: College Greens East 07 Lot 1
  • Number of Three Bedroom Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Disposal, Free Standing Electric Oven, Free Standing Electric Range
  • Other Equipment: None
  • Flooring: Carpet, Linoleum
  • Basement: None
  • Price Per Square Foot: 233.18
  • Window Features: Window Coverings

Exterior Features

  • Construction Materials: Stucco, Frame, Wood Siding
  • Disclosures/Documents: Environmental Hazards Report, Estoppel Certificate, Natural Hazard Disclosure Available, Pest Certification Available, Preliminary Title Report, Property Inspection, Seller Property Questionnaire, Structural Pest Control Report, Transfer Disclosure Statement, Home Inspection Report
  • Exterior Features: Fenced Yard
  • Foundation: Concrete, Slab
  • Listing Price: 500000.00
  • Lot Features: Corner, Shape Regular, Curbs/Gutters, Sidewalk, Landscape Front
  • Patio And Porch Features: Covered Patio
  • Property Condition: Fixer
  • Roof: Composition

Garage/Parking

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

Utilities

  • Security: Carbon Mon Detector, Double Strapped Water Heater, Smoke Detector
  • Sewer: Sewer Connected, Sewer in Street
  • Utilities: Natural Gas Connected, Cable Available
  • Cooling: Central
  • Electric: 220 Volts
  • Heating: Central, Gas
  • Laundry Features: Washer/Dryer Hookups
  • Water Source: Water District
  • Utilities Expenses: 1450
  • Separate Meters: Electricity,Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: RD-10
  • Irrigation: Public District, Meter Available
  • Lot Size Acres: 0.1900
  • Lot Size Sq Ft: 8276

Green Features

  • Energy Efficient: Water Heater

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Water
  • Total Deposit: 2300
  • Lease Term: Month To Month

Multi Family

  • Gross Income: 27600
  • Operating Expense: 840
  • Income Includes: Rent Only
  • Existing Lease Type: See Remarks
  • Insurance Expense: 825
  • Maintenance Expense: 4641
  • Number of Month to Month Units: 2
  • Number of Units: 2
  • Units Furnished: None
  • Three Bedroom Annual Occupancy: 100
  • Three Bedrooms Occupied: 2

Tax Info

  • Assessor Parcel Number: 075-0600-001-0000
  • Current RE Taxes: 1814
  • Bonds/Assessments/Taxes Description: Transfer Tax County,Local Assessments
  • County Transfer Tax Rate: 1.10
  • Bonds/Assessments/Taxes: Yes

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2021
Closed on
Jun 9, 2021
Sold by
Kho James W and Kho Joanne J
Bought by
Reid Paul and Vargas Christina
Seller's Agent
Carol Savorn
Carol Savorn Real Estate
Buyer's Agent
Randall Ortiz
Zitro Real Estate Services
List Price
$500,000
Sold Price
$520,000
Premium/Discount to List
$20,000
4%
Current Estimated Value
$637,883

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,883
Avg. Annual Appreciation
7.31%
Original Mortgage
$442,000
Outstanding Balance
$401,915
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$297,820

Purchase Details

Listed on
Apr 21, 2021
Closed on
Apr 26, 2021
Sold by
Yu Ann Marie
Bought by
Kho James W and Kho Joanne J
Seller's Agent
Carol Savorn
Carol Savorn Real Estate
Buyer's Agent
Randall Ortiz
Zitro Real Estate Services
List Price
$500,000
Sold Price
$520,000
Premium/Discount to List
$20,000
4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$442,000
Outstanding Balance
$401,915
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$297,820

Purchase Details

Closed on
Oct 4, 2002
Sold by
Kho James W and Kho Joanne J
Bought by
Kho James W and Kho Joanne J
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
Reid Paul $520,000 Placer Title Company
Reid Paul $520,000 Placer Title
Kho James W $32,000 None Available
Kho James W -- --
Kho James W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reid Paul $442,000
Closed Reid Paul $442,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2021 06/11/21 Sold $520,000 +4.0% --
04/28/2021 04/28/21 Pending -- -- --
04/21/2021 04/21/21 For Sale $500,000 -- --
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 $6,695 $562,864 $140,716 $422,148
2024 $6,695 $551,828 $137,957 $413,871
2023 $6,540 $541,008 $135,252 $405,756
2022 $6,430 $530,400 $132,600 $397,800
2021 $1,805 $132,748 $18,468 $114,280
2020 $1,814 $131,388 $18,279 $113,109
2019 $1,777 $128,813 $17,921 $110,892
2018 $1,734 $126,288 $17,570 $108,718
2017 $1,711 $123,813 $17,226 $106,587
2016 $1,569 $121,387 $16,889 $104,498
2015 $1,548 $119,565 $16,636 $102,929
2014 $1,508 $117,227 $16,314 $100,913
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 221039138

MetroList

APN: 075-0600-001