NOT LISTED FOR SALE
4 Beds
4 Baths
1,500 Sq Ft
10,890 Sq Ft Lot

Last Sold July 28, 2023

Last sale price $1,210,000 $807 Per Sq Ft

14 Days on Market

About This Home

As of July 2023

1100 Weber Way is a 7 unit apartment community located in the highly desirable South Land Park neighborhood. The property consists of (6) 1 Bedroom 1 Bathroom units and (1) 2 Bedroom 1 Bathroom unit. The building has been under the same ownership for the past 30 years and provides a new owner the opportunity to remodel units and achieve higher rents. There are 7 off street parking spaces.

Last Agent to Sell the Property

Tim Swanston

North Coast Commercial, Inc. License #01887506 Listed on: 05/18/2023

North Coast Commercial, Inc.

Last Buyer's Agent

Tim Swanston

North Coast Commercial, Inc. License #01887506 Listed on: 05/18/2023

North Coast Commercial, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,125

Year Built

  • Built in 1960

Lot Details

  • 10,890 Sq Ft Lot

Home Design

  • Slab Foundation
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Carbon Monoxide Detectors

Parking

  • 7 Parking Spaces
  • Uncovered Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for rent only
  • Assessor Parcel Number 016-0124-027-0000

Community Details

Overview

  • No Home Owners Association
  • 7 Units

Building Details

  • 6 Leased Units
  • 1 Vacant Unit
  • 5 Units Leased Month-To-Month
  • Insurance Expense $3,000
  • Professional Management Expense $4,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,125

Year Built

Built in 1960

Lot Details

0.25 Acres

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Apartments
  • Property Subtype 1: 5 or More Units
  • Stories: 2
  • Year Built: 1960
  • Stories: 2
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Varies by Unit
  • Price Per Square Foot: 303.11

Exterior Features

  • Construction Materials: Concrete
  • Foundation: Slab
  • Listing Price: 1250000.00
  • Lot Features: None

Garage/Parking

  • Parking Features: Uncovered
  • Total Parking Spaces: 7.00

Utilities

  • Security: Carbon Mon Detector
  • Sewer: Public Sewer
  • Utilities: City
  • Cooling: Wall Unit(s)
  • Heating: Wall Furnace
  • Laundry Features: Other
  • Water Source: Public
  • Separate Meters: Electricity,Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: R-3
  • Irrigation: Other
  • Lot Size Acres: 0.2500
  • Lot Size Sq Ft: 10890.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Rent Only
  • Lease Term: Varies By Unit
  • Total # Leasable: 1

Multi Family

  • Income Includes: Rent Only
  • Insurance Expense: 3000
  • Number of Leased Units: 6
  • Number of Month to Month Units: 5
  • Number of Units: 7
  • Number of Vacant Units: 1

Tax Info

  • Assessor Parcel Number: 016-0124-027-0000
  • Current RE Taxes: 14125
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2023 07/28/23 Sold $1,210,000 -3.2% $807 / Sq Ft
06/01/2023 06/01/23 Pending -- -- --
05/18/2023 05/18/23 For Sale $1,250,000 -- $833 / Sq Ft
Source: MetroList

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 $14,963 $1,234,200 $204,000 $1,030,200
2024 $14,963 $1,210,000 $200,000 $1,010,000
2023 $7,773 $591,616 $121,100 $470,516
2022 $7,667 $580,017 $118,726 $461,291
2021 $7,303 $568,646 $116,399 $452,247
2020 $7,337 $562,816 $115,206 $447,610
2019 $7,186 $551,782 $112,948 $438,834
2018 $6,999 $540,964 $110,734 $430,230
2017 $6,888 $530,358 $108,563 $421,795
2016 $6,723 $519,960 $106,435 $413,525
2015 $6,609 $512,151 $104,837 $407,314
2014 $6,458 $502,120 $102,784 $399,336
Source: Public Records

Agents Affiliated with this Home

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Source: MetroList

MLS Number: 223044342

MetroList
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