NOT LISTED FOR SALE

Estimated Value: $430,000 - $540,726

5 Beds
3 Baths
2,091 Sq Ft
$239/Sq Ft Est. Value

Last Sold October 13, 2021

Last sale price $350,000 $167 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,950/month

1 Day on Market

Highlights

  • Corner Lot
  • Fenced Yard
  • Tile Flooring
  • No HOA
  • Security Gate
  • Central Heating and Cooling System

About This Home

As of October 2021

This duplex is a great opportunity as an income property. 3 beds, 2 full baths on one side and 2 beds 1 bath on the other. Both sides have a 1 car garage and a spot for another car in the driveway. This corner lot has well maintained landscaping and the house is situated on a near quarter acre lot.

Last Agent to Sell the Property

Timothy Frier

LPT Realty, Inc License #01505425 Listed on: 09/05/2021

LPT Realty, Inc

Last Buyer's Agent

Timothy Frier

LPT Realty, Inc License #01505425 Listed on: 09/05/2021

LPT Realty, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,648

Year Built

  • Built in 1981

Lot Details

  • 10,498 Sq Ft Lot
  • Fenced Yard
  • Corner Lot

Parking

  • 2 Car Garage
  • 2 Open Parking Spaces

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Washer and Dryer Hookup

Kitchen

  • Free-Standing Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Home Security

  • Security Gate
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 117-0532-010-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Ehrhardt Estates Subdivision

Building Details

  • 1 Leased Unit
  • 1 Unit Leased Month-To-Month
  • Insurance Expense $848
  • Maintenance Expense $3,677
  • Net Operating Income $6,829

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,648

Year Built

Built in 1981

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: House(s)
  • Property Subtype 1: Duplex
  • Year Built: 1981
  • Architectural Style: Ranch
  • Levels: One
  • Stories: 1
  • Subdivision: Ehrhardt Estates
  • Number of Two Bedroom Units: 1
  • Number of Three Bedroom Units: 1
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Gas Water Heater, Dishwasher, Disposal, Free Standing Electric Range
  • Flooring: Carpet, Tile
  • Price Per Square Foot: 167.38

Exterior Features

  • Construction Materials: Vinyl Siding
  • Exterior Features: Fenced Yard
  • Foundation: Slab
  • Listing Price: 485000.00
  • Lot Features: Corner, Sidewalk
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 2.00
  • Garage Spaces: 2.00
  • Parking Features: Garage
  • Total Parking Spaces: 4.00

Utilities

  • Security: Carbon Mon Detector, Smoke Detector, Security Gate
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, Cable Connected, City, Internet Available
  • Cooling: Ceiling Fan(s), Central
  • Heating: Central
  • Laundry Features: Washer/Dryer Hookups
  • Water Source: Meter Required, Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Elk Grove Unified

Lot Info

  • Zoning Description: R-1
  • Irrigation: Public District, Meter Paid
  • Lot Size Acres: 0.2410
  • Lot Size Sq Ft: 10498.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas
  • Lease Term: Month To Month
  • Owner Occupied Units: 1
  • Total # Leasable: 1

Multi Family

  • Gross Income: 11059
  • Income Includes: Rent Only
  • Insurance Expense: 848
  • Maintenance Expense: 3677
  • Number of Leased Units: 1
  • Number of Month to Month Units: 1
  • Number of Units: 2

Tax Info

  • Assessor Parcel Number: 117-0532-010-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2021
Closed on
Oct 7, 2021
Sold by
Mcclain Valorie
Bought by
Mcclain Dominic Aaron
Seller's Agent
Timothy Frier
LPT Realty, Inc
Buyer's Agent
Timothy Frier
LPT Realty, Inc
List Price
$485,000
Sold Price
$350,000
Premium/Discount to List
-$135,000
-27.84%
Current Estimated Value
$500,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,682
Avg. Annual Appreciation
9.34%
Original Mortgage
$343,660
Outstanding Balance
$313,386
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$187,296

Purchase Details

Closed on
Apr 13, 2004
Sold by
Mcclain Irma J and Hanson Roscoe
Bought by
Mcclain Irma J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2003
Sold by
Hanson Roscoe and Hanson Ruby L
Bought by
Mcclain Irma J and Hanson Roscoe

Purchase Details

Closed on
Feb 27, 1998
Sold by
Spinnaker Homes Iv
Bought by
Hanson Roscoe and Hanson Ruby L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,624
Interest Rate
6.99%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 12, 1994
Sold by
Roberts Steven N
Bought by
Spinnaker Homes Iv
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
Mcclain Dominic Aaron -- Fidelity National Title
Mcclain Dominic Aaron -- Fidelity National Title
Mcclain Dominic Aaron $350,000 Fidelity National Title
Mcclain Dominic Aaron $350,000 Fidelity National Title
Mcclain Irma J -- Alliance Title Company
Mcclain Irma J -- Chicago Title Company
Hanson Roscoe $124,000 Old Republic Title Company
Spinnaker Homes Iv -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcclain Dominic Aaron $343,660
Closed Mcclain Dominic Aaron $343,660
Previous Owner Mcclain Irma J $160,000
Previous Owner Hanson Roscoe $122,624
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/13/2021 10/13/21 Sold $350,000 -27.8% $167 / Sq Ft
09/06/2021 09/06/21 Pending -- -- --
09/05/2021 09/05/21 For Sale $485,000 -- $232 / 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 $3,648 $331,013 $75,832 $255,181
2024 $3,648 $324,524 $74,346 $250,178
2023 $3,544 $318,162 $72,889 $245,273
2022 $2,099 $186,555 $39,109 $147,446
2021 $9,417 $182,898 $38,343 $144,555
2020 $9,381 $181,023 $37,950 $143,073
2019 $9,341 $177,474 $37,206 $140,268
2018 $9,283 $173,995 $36,477 $137,518
2017 $1,957 $170,584 $35,762 $134,822
2016 $1,867 $167,240 $35,061 $132,179
2015 $1,822 $164,729 $34,535 $130,194
2014 $1,800 $161,503 $33,859 $127,644
Source: Public Records

Agents Affiliated with this Home

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Source: MetroList

MLS Number: 221112887

MetroList

APN: 117-0532-010