$230,000
SOLD MAY 31, 2012
8 Beds
4 Baths
2,800 Sq Ft
9,060 Sq Ft Lot

Recently Sold

$82 Per Sq Ft

4% Below List Price

14 Days on Market

Highlights

  • No HOA
  • Double Pane Windows
  • Garage

About This Home

As of September 2015

Great investment opportunity to own a 4plex near Sac State! Four units professionally managed and all are 2 bedroom, 1 bath. Located at end of a cul-de-sac near transportation with easy commute to Highway 50 and downtown. Covered shared garage space for each unit.

Last Agent to Sell the Property

Don Ediger

All About Realty, Inc. License #01092986 Listed on: 03/29/2012

Last Buyer's Agent

Erin Newington

Real Brokerage License #01700374

Real Brokerage

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,142

Year Built

  • Built in 1977

Lot Details

  • 9,060 Sq Ft Lot

Parking

  • Garage

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Double Pane Windows

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity rent only
  • Assessor Parcel Number 285-0252-016-0000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 3 Leased Units
  • 1 Vacant Unit
  • 3 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,142

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1977
  • Stories: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Oven,Free Standing Gas Range,Free Standing Refrigerator,Varies By Unit
  • Other Equipment: None
  • Flooring: Carpet,Linoleum/Vinyl
  • Window Features: Dual Pane Partial

Exterior Features

  • Construction Materials: Frame,Stucco
  • Disclosures/Documents: Rental/Lease Agmts,None
  • Listing Price: 239000.00
  • Roof: Composition

Garage/Parking

  • Covered Parking Spaces: 4
  • Parking Features: Garage

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Wall Furnace

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: San Juan Unified

Lot Info

  • Zoning Description: RD20
  • Lot Size Acres: 0.2080
  • Lot Dimensions: 0x0
  • Lot Size Sq Ft: 9060

Rental Info

  • Tenant Pays: Electricity,Rent Only
  • Total # Leasable: 4

Multi Family

  • Gross Income: 33540
  • Income Includes: Coin Operated Equipment,Rent Only
  • Number of Leased Units: 3
  • Number of Month to Month Units: 3
  • Number of Units: 4
  • Number of Vacant Units: 1
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 285-0252-016-0000

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2018
Sold by
Kumar Asha
Bought by
Kumar Asha and Jayakumar Family Trust
Current Estimated Value
$666,852

Purchase Details

Listed on
Jul 1, 2015
Closed on
Sep 2, 2015
Sold by
Shimazaki Alan
Bought by
Kumar Jay and Kumar Asha
Seller's Agent
LuAnn Shikasho
eXp Realty of California Inc.
Buyer's Agent
LuAnn Shikasho
eXp Realty of California Inc.
List Price
$275,000
Sold Price
$275,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.49%

Purchase Details

Listed on
Mar 29, 2012
Closed on
May 25, 2012
Sold by
Perry Steven and Perry Alice
Bought by
Shmazaki Alan
Seller's Agent
Don Ediger
All About Realty, Inc.
Buyer's Agent
Erin Newington
Real Brokerage
List Price
$239,000
Sold Price
$230,000
Premium/Discount to List
-$9,000
-3.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.56%
Original Mortgage
$172,500
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 2011
Sold by
The Regents Of The University Of Califor
Bought by
Perry Steve and Perry Alice

Purchase Details

Closed on
Feb 16, 2011
Sold by
Hughes J Edward
Bought by
Hughes J Edward and J Edward Hughes Trust

Purchase Details

Closed on
Jan 12, 1999
Sold by
Wenzl Vernon Otto
Bought by
Wenzl Vernon O and Vernon O Wenzl Revocable Trust
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 Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $275,000 North American Title Co Inc
Grant Deed $230,000 Placer Title Company
Grant Deed $214,000 First American Title Insuran
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $172,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2015 09/17/15 Sold $275,000 0.0% $98 / Sq Ft
07/03/2015 07/03/15 Pending -- -- --
06/28/2015 06/28/15 For Sale $275,000 +19.6% $98 / Sq Ft
05/31/2012 05/31/12 Sold $230,000 -3.8% $82 / Sq Ft
04/12/2012 04/12/12 Pending -- -- --
03/29/2012 03/29/12 For Sale $239,000 -- $85 / 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 $4,142 $325,535 $105,353 $220,182
2024 $4,142 $319,153 $103,288 $215,865
2023 $4,042 $312,896 $101,263 $211,633
2022 $4,018 $306,762 $99,278 $207,484
2021 $3,955 $300,748 $97,332 $203,416
2020 $3,885 $297,665 $96,334 $201,331
2019 $3,811 $291,830 $94,446 $197,384
2018 $3,736 $286,109 $92,595 $193,514
2017 $3,733 $280,500 $90,780 $189,720
2016 $3,451 $275,000 $89,000 $186,000
2015 $3,038 $240,372 $78,382 $161,990
2014 $2,977 $235,664 $76,847 $158,817
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 12020658

MetroList

APN: 285-0252-016