NOT LISTED FOR SALE
8 Beds
4 Baths
3,000 Sq Ft
0.43 Acre Lot

Sale Details

Date Sold: December 10, 2021

Last sale price $2,400,000 $800 Per Sq Ft

15 Days on Market

About This Home

As of December 2021

Great Opportunity to owned this updated 12 unit apartment complexin one of Sacramento's most desirable areas. Looking for a great cash flow property that generates great passive income? All units are 2 bedroom / 1 bathroom with average sqft of 520. Perfect for commuters with easy freeway access.

Last Agent to Sell the Property

John Banga

Century 21 Select Real Estate License #01397975 Listed on: 10/13/2021

Century 21 Select Real Estate

Last Buyer's Agent

Non-MLS Member

Non-MLS Office

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Property Details

Home Type

  • Apartment

Year Built

  • 1978

Lot Details

  • 0.43

Property Details

Home Type

Apartment

Year Built

1978

Lot Details

0.43 Acres

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Apartments
  • Property Sub Type: 5 or More Units
  • Architectural Style: Contemporary
  • Directions: Hwy 5 to Florin Road East to S Land Park Right.
  • Building Stories: 2
  • Special Features: None
  • Stories: 2
  • Year Built: 1978

Interior Features

  • Appliances: Free Standing Refrigerator, Dishwasher, Disposal, Free Standing Electric Range
  • Price Per Square Foot: 266.19
  • Flooring: Carpet, Laminate, Vinyl, Linoleum
  • Number Of Buildings: 1

Exterior Features

  • Foundation Details: Slab
  • Builder Name: 1
  • Construction Type: Frame, Wood
  • Lot Features: Corner

Garage/Parking

  • Parking Features: Open
  • Total Parking Spaces: 12.00

Utilities

  • Cooling: Central
  • Heating: Central
  • Laundry Features: Coin Operated, In Common Area
  • Security: Carbon Mon Detector, Smoke Detector
  • Sewer: In & Connected
  • Utilities: All Electric
  • Water Source: Meter on Site

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Sacramento Unified

Lot Info

  • Lot Size Sq Ft: 19049.00
  • Zoning Description: R3 2

Rental Info

  • Lease Term: Month To Month
  • Tenant Pays: Electricity

Tax Info

  • Bonds/Assessments/Taxes: Unknown
  • Tax Annual Amount: 9515

Multi Family

  • Annual Gross Income: 12224
  • Income Includes: Rent Only
  • Insurance Expense: 430
  • Number Of Units Leased: 12
  • Number Of Units Total: 12

MLS Schools

  • School District (County): Sacramento

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
May 19, 2023
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,701,000
Interest Rate
6.57%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 13, 2021
Closed on
Dec 9, 2021
Sold by
Bought by
Seller's Agent
John Banga
Century 21 Select Real Estate
Buyer's Agent
Non-MLS Member
Non-MLS Office
List Price
$2,495,000
Sold Price
$2,400,000
Premium/Discount to List
-$95,000
-3.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,920,000
Interest Rate
3.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 23, 2021
Sold by
Bought by

Purchase Details

Closed on
Apr 21, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.3%
Mortgage Type
Balloon

Purchase Details

Closed on
Jan 15, 2014
Sold by
Bought by

Purchase Details

Closed on
Aug 28, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
8.2%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,750,000 Fidelity National Title Compan
$2,400,000 Fidelity National Title Co
$2,400,000 Fidelity National Title
-- None Available
-- Chicago Title Company
-- None Available
$495,000 North American Title Guarant
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $1,701,000
Previous Owner $1,920,000
Previous Owner $1,920,000
Previous Owner $500,000
Previous Owner $150,000
Previous Owner $470,000
Previous Owner $315,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/10/2021 12/10/21 Sold $2,400,000 -3.8% $800 / Sq Ft
10/28/2021 10/28/21 Pending -- -- --
10/13/2021 10/13/21 For Sale $2,495,000 -- $832 / Sq Ft
Source: MetroList

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $33,817 $2,835,090 $343,332 $2,491,758
2025 $33,817 $2,779,500 $336,600 $2,442,900
2024 $33,343 $2,725,000 $330,000 $2,395,000
2023 $29,973 $2,448,000 $244,800 $2,203,200
2022 $29,504 $2,400,000 $240,000 $2,160,000
2021 $9,520 $689,072 $185,141 $503,931
2020 $9,546 $682,007 $183,243 $498,764
2019 $9,354 $668,635 $179,650 $488,985
2018 $9,114 $655,526 $176,128 $479,398
2017 $8,970 $642,674 $172,675 $469,999
2016 $8,767 $630,074 $169,290 $460,784
2015 $8,620 $620,611 $166,748 $453,863
2014 $8,440 $608,455 $163,482 $444,973
Source: Public Records

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Map

Source: MetroList

MLS Number: 221131832

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