$1,099,000 Price Analysis    ♡   Carmichael, CA 95608 Unknown bed 0 bath unknown SqFt ($0/SqFt) 1.75 acre lot. Listed 2024-02-24, Taxes $1,943 | Ⓧ USDA Ineligible due to property near ArdenArcade |
A RARE INVESTMENT OPPORTUNITY TO ACQUIRE AN APPROVED MULTIFAMILY PROJECT IN CARMICHAEL.
ZONED RD-10 AND READY TO DEVELOP. THE PROJECT IS CALLED VERDE CRUZ TOWNHOMES AND CONSISTS OF 17 3-STORY UNITS WITH A MIX OF THIRTEEN(13) 1936 SQ/FT UNITS AND FOUR(4) 2140 SQ/FT UNITS. THIS PROJECT GIVES A FLEXIBILITY OF BUILDING AND SELLING EACH INDIV IDUAL TOWNHOUSE OR RENTING OUT THE WHOLE PROJECT TO GENERATE AN IMPRESSIVE RENTAL INCOME FOR YEARS TO COME.
CURRENT MARKET DEMAND IS STRONG FOR TOWNHOMES AND THIS PROJECT IS VERY ATTRACTIVE DUE TO THE AFFORDABILITY FACTOR AND GROWING RENTAL DEMAND IN THE REGION.
Presented by VLAD PARASHCHAK at
Lyon Re Fair Oaks.
Property MLS #224016765 from MetroList
Total Bathrooms: 0
Lot Description: Corner, Public Trans Nearby, Secluded, Stream Seasonal
Lot Dimensions Source: Acres
Lot Size Acres: 1.75
Lot Size Source: Assessor Auto-Fill
Topography: Gently Sloped, Trees, Gently Sloped, Trees
Vegetation: Brush, Trees Many, Grassed
Lot Size Square Feet: 76230
Lot Dimensions Source: Acres
Lot Size Acres: 1.75
Lot Size Source: Assessor Auto-Fill
Topography: Gently Sloped, Trees, Gently Sloped, Trees
Vegetation: Brush, Trees Many, Grassed
Lot Size Square Feet: 76230
Road Frontage Type: County Road
Road Surface Type: Unimproved
Road Surface Type: Unimproved
Existing Lease Type: Net
Association: No
Calculated Total Monthly Association Fees: 0
Calculated Total Monthly Association Fees: 0
Elementary School District: San Juan Unified
High School District: San Juan Unified
Middle or Junior School District: San Juan Unified
High School District: San Juan Unified
Middle or Junior School District: San Juan Unified
Thomas Kelly Elementary School is a public elementary school located approximately 0.5 miles away.
Map directions
Map directionsDel Campo High School is a public high school located approximately 0.8 miles away.
Map directions
Map directionsJohn Barrett Middle School is a public middle school located approximately 1 miles away.
Map directions
Map directionsSacramento Adventist Academy is a private elementary, middle and high school located approximately 0.5 miles away.
Map directions
Map directionsCity Region: Carmichael
Source Listing Status: Active
County: Sacramento
Cross Street: Bourbon Drive
Current Use: Residential, Subdivision
Development Status: Site Plan Approved, Subdivision Possible, Surveyed, Tentative Map Approved, Topography Map Available
Directions: FROM HWY-80 HEADING EAST TO MADISON AVE EXIT. TAKE MADISON AVE EAST TO MANZANITA AVE. TAKE MANZANITA AVE SOUTH TO THE SITE LOCATION AT THE CORNER OF MANZANITA AVE AND BOURBON DR.
Disclaimer: All measurements and calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Copyright 2024, MetroList Services, Inc. Any offer of compensation in the real estate content on this site is made exclusively to Broker Participants of the MetroList MLS & Broker Participants of any
Source Property Type: Land
Possible Use: Residential, Subdivision
Area: 10608
Source Neighborhood: Verde Cruz Townhomes
Parcel Number: 236-0254-009-0000
Subdivision: Verde Cruz Townhomes
Zoning: RD-10
Zoning Description: Planned Unit Development, Residential
Property Subtype: Residential Lot
Source System Name: C2C
Source Listing Status: Active
County: Sacramento
Cross Street: Bourbon Drive
Current Use: Residential, Subdivision
Development Status: Site Plan Approved, Subdivision Possible, Surveyed, Tentative Map Approved, Topography Map Available
Directions: FROM HWY-80 HEADING EAST TO MADISON AVE EXIT. TAKE MADISON AVE EAST TO MANZANITA AVE. TAKE MANZANITA AVE SOUTH TO THE SITE LOCATION AT THE CORNER OF MANZANITA AVE AND BOURBON DR.
Disclaimer: All measurements and calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Copyright 2024, MetroList Services, Inc. Any offer of compensation in the real estate content on this site is made exclusively to Broker Participants of the MetroList MLS & Broker Participants of any
Source Property Type: Land
Possible Use: Residential, Subdivision
Area: 10608
Source Neighborhood: Verde Cruz Townhomes
Parcel Number: 236-0254-009-0000
Subdivision: Verde Cruz Townhomes
Zoning: RD-10
Zoning Description: Planned Unit Development, Residential
Property Subtype: Residential Lot
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2023 | $unknown + $156,172 $156,172 | $1,943 |
| 2022 | $unknown + $153,110 $153,110 | $1,906 |
| 2021 | $unknown + $150,108 $150,108 | $1,875 |
| 2020 | $unknown + $148,569 $148,569 | $1,841 |
| 2019 | $unknown + $145,656 $145,656 | $1,805 |
| 2018 | $unknown + $142,800 $142,800 | $1,784 |
| 2017 | $unknown + $398,688 $398,688 | $4,935 |
| 2016 | $unknown + $390,871 $390,871 | $4,612 |
| 2015 | $unknown + $392,692 $392,692 | $4,638 |
| 2014 | $unknown + $385,000 $385,000 | $4,543 |
| 2013 | $unknown + $194,496 $194,496 | $2,350 |
| 2012 | $unknown + $190,683 $190,683 | $2,188 |
| 2011 | $12,457 + $186,945 $199,402 | $2,274 |
| 2010 | $12,364 + $185,548 $197,912 | $2,211 |
| 2009 | $12,394 + $185,989 $198,383 | $2,198 |
| 2008 | $12,151 + $182,343 $194,494 | $2,153 |
| 2007 | $11,913 + $178,768 $190,681 | $2,107 |
Price Changed 2024-07-17
$1,099,000
MetroList
Listed 2024-02-24
$1,199,000
MetroList
Sold 2017-03-13
$140,000
MetroList
Price Changed 2016-09-22
$199,000
MetroList
Price Changed 2016-02-17
$234,000
MetroList
Listed 2015-10-15
$259,000
MetroList
Listing removed 2015-03-18
$399,900
MetroList
Price Changed 2014-07-08
$399,900
MetroList
Listed 2014-05-13
$425,000
MetroList
Sold 2014-03-17
$385,000
MetroList
Sold 2013-09-13
$385,000
Public Record
Relisted 2013-08-23
$399,000
MetroList
Listing removed 2013-08-03
$399,000
MetroList
Listed 2013-04-03
$399,000
MetroList
Listing removed 2009-07-01
$497,500
MetroList
Listed 2009-04-04
$497,500
MetroList
Sold 1998-03-04
$160,000
Public Record
Sold 1996-07-30
$178,000
Public Record
Sold 1989-02-09
$186,000
Public Record
$1,099,000
MetroList
Listed 2024-02-24
$1,199,000
MetroList
Sold 2017-03-13
$140,000
MetroList
Price Changed 2016-09-22
$199,000
MetroList
Price Changed 2016-02-17
$234,000
MetroList
Listed 2015-10-15
$259,000
MetroList
Listing removed 2015-03-18
$399,900
MetroList
Price Changed 2014-07-08
$399,900
MetroList
Listed 2014-05-13
$425,000
MetroList
Sold 2014-03-17
$385,000
MetroList
Sold 2013-09-13
$385,000
Public Record
Relisted 2013-08-23
$399,000
MetroList
Listing removed 2013-08-03
$399,000
MetroList
Listed 2013-04-03
$399,000
MetroList
Listing removed 2009-07-01
$497,500
MetroList
Listed 2009-04-04
$497,500
MetroList
Sold 1998-03-04
$160,000
Public Record
Sold 1996-07-30
$178,000
Public Record
Sold 1989-02-09
$186,000
Public Record
Irrigation Source: Creek Seasonal
Electric: Electric TBD
Sewer: Public Sewer
Underground Required
Water Source: Public, Meter Required
Sewer: Public Sewer
Underground Required
Water Source: Public, Meter Required
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.