NOT LISTED FOR SALE

Estimated Value: $501,000 - $651,000

7 Beds
3 Baths
2,565 Sq Ft
$238/Sq Ft Est. Value

Last Sold January 05, 2017

Last sale price $350,000 $136 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $3,678/month

25 Days on Market

Highlights

  • No HOA
  • Central Heating
  • 5-minute walk to Feickert Park
  • Ellen Feickert Elementary School Rated A-
  • 1-Story Property

About This Home

As of January 2017

This Home Was Previously Being Used as a Residential Care Home For the Elderly (RCFE) There are 7 bedrooms,2 Full Baths and 1 Half Bath. The Garages have been converted with permits to allow for the extra bed rooms. This property is currently being used as a Room & Board,independent living with all 7 rooms occupied bringing in APX $5600. each month in rent. This Property can still serve as a RCFE if desired as it meets the requirements(per seller).

Last Agent to Sell the Property

Andrew Avalos

LPT Realty, Inc License #01803380 Listed on: 11/03/2016

LPT Realty, Inc

Last Buyer's Agent

James Dean

Advantage Plus Real Estate License #01265439

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,484

Year Built

  • Built in 1983

Lot Details

  • 8,276

Parking

  • 3 Open Parking Spaces

Home Design

  • Composition Roof

Additional Features

  • 1-Story Property
  • 8,276 Sq Ft Lot
  • Central Heating

Listing and Financial Details

  • Tenant pays for rent only
  • Assessor Parcel Number 116-0241-038-0000

Community Details

Overview

  • No Home Owners Association

Building Details

  • 7 Leased Units
  • 7 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,484

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Other
  • Year Built: 1983
  • Stories: 1
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Electric Range,Microwave
  • Other Equipment: None
  • Flooring: Laminate,Tile

Exterior Features

  • Construction Materials: Brick,Frame,Stucco
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,None
  • Listing Price: 349988.00
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 3
  • Parking Features: Open,Street

Utilities

  • Cooling: Ceiling Fan(s),Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: Public Trans Nearby,Yard Space
  • Association: No

Schools

  • Senior High School District: Elk Grove Unified

Lot Info

  • Zoning Description: RD-5
  • Lot Size Acres: 0.1900
  • Lot Size Sq Ft: 8276

Rental Info

  • Tenant Pays: Rent Only
  • Total # Leasable: 7

Multi Family

  • Gross Income: 67200
  • Income Includes: Rent Only
  • Number of Leased Units: 7
  • Number of Month to Month Units: 7
  • Number of Units: 1
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 116-0241-038-0000

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 2, 2024
Sold by
Mark & Amanda Labella Family Trust and Labella Mark
Bought by
9279 Orangecrest Llc
Current Estimated Value
$609,359

Purchase Details

Closed on
Nov 17, 2023
Sold by
Labella Mark
Bought by
Mark & Amanda Labella Family Trust and Labella

Purchase Details

Closed on
Jun 25, 2021
Sold by
Jurich Shirley
Bought by
Labeila Mark

Purchase Details

Listed on
Nov 3, 2016
Closed on
Dec 29, 2016
Sold by
Labella Amanda
Bought by
Labella Mark A
Seller's Agent
Andrew Avalos
LPT Realty, Inc
Buyer's Agent
James Dean
Advantage Plus Real Estate
List Price
$349,988
Sold Price
$350,000
Premium/Discount to List
$12
0.003%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.50%

Purchase Details

Closed on
Nov 21, 2012
Sold by
Paran Genaro Homer and Paran Cristina C
Bought by
Marine Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
3.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 5, 2005
Sold by
Risso Jose L and Risso Roberta
Bought by
Paran Genaro Homer and Paran Cristina C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 26, 2004
Sold by
Risso Jose L and Risso Roberta E
Bought by
Risso Jose L and Risso Roberta E

Purchase Details

Closed on
Nov 5, 2003
Sold by
Morishige Dick T and Morishige Charlene S
Bought by
Risso Jose L and Risso Roberta E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage
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
9279 Orangecrest Llc -- None Listed On Document
9279 Orangecrest Llc -- None Listed On Document
Mark & Amanda Labella Family Trust -- None Listed On Document
Mark & Amanda Labella Family Trust -- None Listed On Document
Labeila Mark -- None Available
Labeila Mark -- None Available
Labella Mark A -- First American Title Company
Labella Mark A $350,000 First American Title Company
Marine Enterprises Llc $215,000 Fidelity National Title Co
Paran Genaro Homer $395,000 Alliance Title Company
Risso Jose L -- --
Risso Jose L $275,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marine Enterprises Llc $152,000
Previous Owner Paran Genaro Homer $316,000
Previous Owner Risso Jose L $220,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/05/2017 01/05/17 Sold $350,000 0.0% $136 / Sq Ft
11/28/2016 11/28/16 Pending -- -- --
11/03/2016 11/03/16 For Sale $349,988 -- $136 / 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 $5,484 $571,200 $178,500 $392,700
2024 $5,484 $500,830 $142,680 $358,150
2023 $5,341 $491,011 $139,883 $351,128
2022 $5,243 $481,385 $137,141 $344,244
2021 $4,150 $375,268 $112,043 $263,225
2020 $4,092 $371,421 $110,895 $260,526
2019 $4,015 $364,139 $108,721 $255,418
2018 $3,904 $357,000 $106,590 $250,410
2017 $2,805 $228,120 $70,027 $158,093
2016 $2,424 $223,648 $68,654 $154,994
2015 $2,378 $220,289 $67,623 $152,666
2014 $2,339 $215,975 $66,299 $149,676
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 16070629

MetroList

APN: 116-0241-038