J
Seller's Agent in 2021
Jake Stanfill
North Coast Commercial, Inc.
Estimated Value: $1,021,298 - $1,287,000
8
Beds
4
Baths
3,172
Sq Ft
$366/Sq Ft
Est. Value
Highlights
- No HOA
- 4-minute walk to 23Rd Street
- Tile Flooring
- Fenced Yard
- Balcony
- Zero Lot Line
About This Home
As of September 2021Great investment opportunity in Poverty Ridge! 2015 24th street is a fourplex consisting of four (4) 2bed/1bath units. Each unit is just under 800 square feet and have central heat and air, fireplace and dining area. This property also includes two off street parking spaces and a small storage area. One of the downstairs units has a private patio while both upstairs units have their own private balcony. Located just blocks away from the Sacramento Food Co-Op and the brand new Ice Blocks development, act now and take advantage of the 40% loss to lease to date.
Last Agent to Sell the Property
Jake Stanfill
North Coast Commercial, Inc. License #01914043 Listed on: 08/02/2021
Last Buyer's Agent
Jake Stanfill
North Coast Commercial, Inc. License #01914043 Listed on: 08/02/2021
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1972
Lot Details
- 3,049 Sq Ft Lot
- Fenced Yard
- Zero Lot Line
Home Design
- Quadruplex
- Flat Roof Shape
- Slab Foundation
- Concrete Perimeter Foundation
- Stucco
Interior Spaces
- 2-Story Property
- Carbon Monoxide Detectors
- Built-In Electric Range
Flooring
- Carpet
- Tile
Parking
- 2 Parking Spaces
- Off-Street Parking
Outdoor Features
- Balcony
Utilities
- Central Heating and Cooling System
- Property is located within a water district
- Cable TV Available
Listing and Financial Details
- Tenant pays for cable TV
- Assessor Parcel Number 010-0111-001-0000
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 4 Units
Building Details
- 4 Leased Units
- 4 Units Leased Month-To-Month
- Insurance Expense $3,145
- Maintenance Expense $5,208
- Professional Management Expense $3,372
Security
- Building Fire Alarm
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 2, 2021
Closed on
Sep 16, 2021
Sold by
Lemus Barbara Susan and Lemus Frank
Bought by
Paulo Jason Frank and Paulo Timothy
Seller's Agent
Jake Stanfill
North Coast Commercial, Inc.
Buyer's Agent
Jake Stanfill
North Coast Commercial, Inc.
List Price
$975,000
Sold Price
$995,000
Premium/Discount to List
$20,000
2.05%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,766
Avg. Annual Appreciation
3.59%
Original Mortgage
$746,250
Outstanding Balance
$678,018
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$481,748
Purchase Details
Closed on
Jan 8, 2008
Sold by
Lemus Frank and Lemus Lucy L
Bought by
Lemus Barbara Susan and Frank & Lucy L Lemus Revocable
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Paulo Jason Frank | $995,000 | Chicago Title Company | |
| Paulo Jason Frank | $995,000 | Chicago Title Company | |
| Lemus Barbara Susan | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Paulo Jason Frank | $746,250 | |
| Closed | Paulo Jason Frank | $746,250 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/21/2021 09/21/21 | Sold | $995,000 | +2.1% | $314 / Sq Ft |
| 08/10/2021 08/10/21 | Pending | -- | -- | -- |
| 08/02/2021 08/02/21 | For Sale | $975,000 | -- | $307 / Sq Ft |
Source: MetroList
Tax History Compared to Growth
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 | $12,550 | $1,055,900 | $316,770 | $739,130 |
| 2024 | $12,550 | $1,035,197 | $310,559 | $724,638 |
| 2023 | $12,255 | $1,014,900 | $304,470 | $710,430 |
| 2022 | $12,050 | $995,000 | $298,500 | $696,500 |
| 2021 | $1,869 | $114,672 | $18,028 | $96,644 |
| 2020 | $1,869 | $113,498 | $17,844 | $95,654 |
| 2019 | $1,833 | $111,274 | $17,495 | $93,779 |
| 2018 | $1,788 | $109,093 | $17,152 | $91,941 |
| 2017 | $1,763 | $106,955 | $16,816 | $90,139 |
| 2016 | $1,543 | $104,859 | $16,487 | $88,372 |
| 2015 | $1,518 | $103,285 | $16,240 | $87,045 |
| 2014 | $1,487 | $101,269 | $15,925 | $85,344 |
Source: Public Records
Agents Affiliated with this Home
Source: MetroList
MLS Number: 221094928
APN: 010-0111-001
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