NOT LISTED FOR SALE

Estimated Value: $454,000 - $765,000

8 Beds
4 Baths
3,580 Sq Ft
$179/Sq Ft Est. Value

Last Sold June 25, 2015

Last sale price $325,000 $91 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $4,287/month

3 Days on Market

Highlights

  • Contemporary Architecture
  • Double Pane Windows
  • 3-minute walk to Swanston Park
  • No HOA
  • Central Heating and Cooling System

About This Home

As of June 2015

Great upside potential on this Very clean Fourplex. The current owner spend about $80,000 updating the building in the past few years. This Fourplex has 2 garage with doors. Each tenant gets 1 space in the covered enclosed garage. Each of the units are rented at $795.

Last Agent to Sell the Property

Ron Benning

LPT Realty, Inc License #01058898 Listed on: 03/23/2015

LPT Realty, Inc

Last Buyer's Agent

Bill Seip

NorCal Properties License #01717433

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,916

Lot Details

  • 7,205

Parking

  • 2 Car Garage

Home Design

  • Quadruplex
  • Contemporary Architecture
  • Split Level Home
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Double Pane Windows
  • Fire and Smoke Detector
  • Free-Standing Electric Oven

Additional Features

  • 7,205 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 285-0251-022-0000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,916

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Architectural Style: Contemporary
  • Levels: MultiSplit
  • Stories: 2
  • Year Built Details: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Electric Oven
  • Other Equipment: Varies by Unit
  • Flooring: Carpet,Linoleum/Vinyl
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Frame,Stucco
  • Disclosures/Documents: CC&Rs,Natural Hazard Disclosure Available,Rental/Lease Agmts
  • Listing Price: 325000.00
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 4
  • Covered Parking Spaces: 4
  • Garage Spaces: 2
  • Parking Features: Garage,1+ Space Per Unit

Utilities

  • Security: Smoke Detector
  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: Separate Laundry Facility
  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: REs
  • Lot Size Acres: 0.1654
  • Lot Dimensions: 61X113
  • Lot Size Sq Ft: 7205

Rental Info

  • Tenant Pays: Electricity
  • Total # Leasable: 4

Multi Family

  • Gross Income: 38160
  • Income Includes: Rent Only
  • Number of Month to Month Units: 4
  • Number of Units: 4
  • Units Furnished: None
  • Gross Income Multiplier: 10.220

Tax Info

  • Assessor Parcel Number: 285-0251-022-0000

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 6, 2015
Sold by
Devalentine Robert and Blattman Martha
Bought by
Demkowski Michael J and Scheumeister Michelle L
Current Estimated Value
$708,058

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,500
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2014
Sold by
Devalentine Family Partnership
Bought by
Devalentine Robert and Blattman Martha

Purchase Details

Closed on
Jan 13, 2010
Sold by
Deutsche Bank National Trust Company
Bought by
Devalentine Family Partnership

Purchase Details

Closed on
Aug 26, 2009
Sold by
Bright Rollin F and Bright Digna C
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Apr 19, 2006
Sold by
Guha Tathagata and Guha Anuradha
Bought by
Bright Rollin F and Bright Digna C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$438,750
Interest Rate
1.4%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 29, 2004
Sold by
Mubarak Mohammed Aziz and Mubarak Mohammed
Bought by
Guha Tathagata and Guha Anuradha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 10, 2002
Sold by
Schriebman David M and Schreibman Carolee F
Bought by
Mubarak Mohammed Aziz and Mubarak Mohammed

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
7.87%

Purchase Details

Closed on
Jun 4, 2002
Sold by
Chow Clifford and Chow Tak Mei
Bought by
Scheibman David M and Schreibman Carolee F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,500
Interest Rate
6.74%

Purchase Details

Closed on
May 25, 2001
Sold by
Wenzl Paula A
Bought by
Chow Clifford and Chow Tak Mei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,500
Interest Rate
7.14%

Purchase Details

Closed on
Feb 23, 1999
Sold by
Wenzl Vernon O Revocable Trust and Paula A
Bought by
Wenzl Paula A

Purchase Details

Closed on
Jan 12, 1999
Sold by
Wenzl Vernon O
Bought by
Wenzl Vernon O and Vernon O Wenzl Revocable Trust
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
Demkowski Michael J $325,000 Chicago Title Company
Devalentine Robert -- Accommodation
Devalentine Family Partnership $195,000 Lsi Title Company
Deutsche Bank National Trust Company $416,345 Accommodation
Bright Rollin F $585,000 Fidelity National Title Co
Guha Tathagata $480,000 Fidelity National Title Co
Mubarak Mohammed Aziz $395,000 Stewart Title Of Sacramento
Scheibman David M $295,000 First American Title Co
Chow Clifford $185,000 Stewart Title
Wenzl Paula A -- --
Wenzl Vernon O -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Demkowski Michael J $227,500
Previous Owner Bright Rollin F $438,750
Previous Owner Guha Tathagata $384,000
Previous Owner Guha Tathagata $384,000
Previous Owner Mubarak Mohammed Aziz $316,000
Previous Owner Scheibman David M $265,500
Previous Owner Chow Clifford $72,000
Previous Owner Chow Clifford $166,500
Closed Guha Tathagata $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2015 06/25/15 Sold $325,000 0.0% $91 / Sq Ft
03/26/2015 03/26/15 Pending -- -- --
03/23/2015 03/23/15 For Sale $325,000 -- $91 / 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 $4,916 $390,591 $117,776 $272,815
2024 $4,916 $382,933 $115,467 $267,466
2023 $4,796 $375,425 $113,203 $262,222
2022 $4,768 $368,065 $110,984 $257,081
2021 $4,693 $360,849 $108,808 $252,041
2020 $4,609 $357,150 $107,693 $249,457
2019 $4,521 $350,148 $105,582 $244,566
2018 $4,444 $343,283 $103,512 $239,771
2017 $4,429 $336,553 $101,483 $235,070
2016 $4,101 $329,955 $99,494 $230,461
2015 $3,395 $270,294 $81,598 $188,696
2014 $2,633 $205,329 $153,734 $51,595
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 15017645

MetroList

APN: 285-0251-022