NOT LISTED FOR SALE

Estimated Value: $507,000 - $567,612

1 Bed
1 Bath
942 Sq Ft
$475/ mo HOA Fee

Last Sold July 27, 2022

Last sale price $513,000 $545 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,744/month

43 Days on Market

Highlights

  • Panoramic View
  • Great Room
  • Double Pane Windows
  • Contemporary Architecture
  • 1 Car Attached Garage
  • Laundry Room

About This Home

As of July 2022

Seller will provide buyer credit for up to 1% RATE BUY DOWN with acceptable offer and loan approval. Enjoy the exciting, effortless lifestyle of loft living at the L Street Lofts, in one of the best locations in Midtown. This sophisticated one-bedroom, 6th-floor Tower loft provides nearly 1,000 square feet in an open & bright living area, high ceilings, and huge east-facing windows. The views atop many trees, historic buildings, and the excitement of midtown are ideal. A gourmet kitchen features a gas range, granite counters, a moveable center island, stainless steel appliances, and Poggenpohl German cabinets. It offers a large bathroom and laundry/storage room. One assigned parking space in the attached, gated garage is included. Your HOA fee includes everything except internet, SMUD electricity, and insurance. Exit out your door to the top restaurants, galleries, wine shops, coffee houses, specialty shops and entertainment.

Last Agent to Sell the Property

Michael Onstead

Coldwell Banker Realty License #01222608 Listed on: 05/26/2022

Coldwell Banker Realty

Co-Listed By

Clara Tucker

Coldwell Banker Realty License #02026727

Last Buyer's Agent

Salvador Cortez

Absolute Mortgage Group Inc. License #01984895

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2008

Lot Details

  • East Facing Home

HOA Fees

  • $475 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Alley Access
  • Garage Door Opener
  • Assigned Parking

Property Views

  • Panoramic
  • City Lights
  • Mountain

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Concrete Foundation
  • Frame Construction
  • Tar and Gravel Roof
  • Composition Roof
  • Metal Roof
  • Foam Roof
  • Aluminum Siding
  • Concrete Block And Stucco Construction
  • Concrete Perimeter Foundation
  • Masonry

Interior Spaces

  • 942 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Great Room
  • Storage

Kitchen

  • Free-Standing Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • 220 Volts In Laundry
  • Washer and Dryer Hookup

Home Security

Utilities

  • Central Heating and Cooling System
  • Dual Heating Fuel
  • Heat Pump System
  • Underground Utilities
  • 220 Volts in Kitchen
  • Natural Gas Connected
  • Property is located within a water district
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 007-0141-022-0058

Community Details

Overview

  • Association fees include gas, maintenanceexterior, ground maintenance, sewer, trash, water
  • 92 Units
  • L Street Lofts Owners Association, Phone Number (916) 771-8551
  • Built by Otto Construction
  • The L Street Lofts Subdivision, The Tower Floorplan
  • Mandatory home owners association

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Year Built

Built in 2008

Lot Details

0 Sq Ft Lot

HOA Fees

$475 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Subtype Description: Attached,Loft,Mid-Rise (4-8)
  • Property Subtype 1: Condominium
  • Remodeled Updated: No
  • Restrictions: Exterior Alterations
  • Stories: 1
  • Year Built: 2008
  • Architectural Style: Contemporary
  • Levels: One
  • Subdivision: The L Street Lofts
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Free Standing Gas Range, Free Standing Refrigerator, Gas Plumbed, Ice Maker, Dishwasher, Disposal, Microwave, Dual Fuel
  • Interior Amenities: Storage Area(s)
  • Other Equipment: Networked
  • Flooring: Laminate, Tile
  • Total Bathrooms: 1
  • Bathroom Features: Stone,Tile,Tub w/Shower Over
  • Dining Room Features: Dining Bar,Dining/Family Combo
  • Kitchen Features: Granite Counter,Island,Kitchen/Family Combo
  • Living Room Features: Great Room,View
  • Room Type: Great Room, Laundry
  • Main Level: Bedroom(s),Family Room,Full Bath(s),Kitchen
  • Price Per Square Foot: 544.59
  • Square Footage: 942.00
  • Window Features: Dual Pane Full

Exterior Features

  • Builder Name: Otto Construction
  • Construction Materials: Aluminum Siding, Block, Brick Veneer, Concrete, Frame, Glass, Masonry Reinforced
  • Property Faces: East
  • Disclosures/Documents: Natural Hazard Disclosure Available, Preliminary Title Report
  • Foundation: Concrete
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 529000.00
  • Lot Features: Other
  • Pool: No
  • Property Condition: Original
  • Roof: Composition, Tar/Gravel, Foam, Metal
  • Spa: No
  • Topography: Level
  • View Description: Panoramic, City Lights, Mountains

Garage/Parking

  • Garage Spaces: 1.00
  • Parking Features: Alley Access, Assigned, Private, Attached, Garage Door Opener
  • Driveway/Sidewalks: Gated,Shared Driveway,Paved Driveway

Utilities

  • Security: Carbon Mon Detector, Smoke Detector, Fire Suppression System
  • Sewer: In & Connected, Public Sewer
  • Utilities: Cable Available, Public, Electric, Underground Utilities, Internet Available, Natural Gas Connected
  • Cooling: Ceiling Fan(s), Central
  • Electric: 220 Volts in Kitchen, 220 Volts in Laundry
  • Heating: Central, Electric, Heat Pump
  • Laundry Features: Hookups Only, Inside Room
  • Water Source: Meter Paid, Water District, Public

Condo/Co-op/Association

  • Association Features: None
  • Association Fee: 475
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Gas, MaintenanceExterior, MaintenanceGrounds, Sewer, Trash, Water
  • Association Name: L Street Lofts Owners Association
  • Association Phone: (916) 771-8551
  • Association: Yes
  • Pets Allowed: Yes, Number Limit, Size Limit
  • Senior Community: No
  • Location of Unit: Unit Above,Unit Below,Upper Level
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Mandatory Association: Yes
  • Subdivision Developer: SKK Development

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: Rmx
  • Irrigation: None

Multi Family

  • Number of Units: 92

Tax Info

  • Assessor Parcel Number: 007-0141-022-0058
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2022
Closed on
Jul 25, 2022
Sold by
Linda L Raffo Revocable Trust
Bought by
Webb Taylor
Seller's Agent
Michael Onstead
Coldwell Banker Realty
Buyer's Agent
Salvador Cortez
Absolute Mortgage Group Inc.
List Price
$539,000
Sold Price
$513,000
Premium/Discount to List
-$26,000
-4.82%
Current Estimated Value
$533,903

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,903
Avg. Annual Appreciation
1.12%
Original Mortgage
$410,400
Outstanding Balance
$392,169
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$141,734

Purchase Details

Closed on
Dec 19, 2007
Sold by
L Street Lofts Llc
Bought by
Raffo Linda L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Webb Taylor $513,000 Placer Title
Raffo Linda L $510,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Webb Taylor $410,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2022 07/27/22 Sold $513,000 -3.0% $545 / Sq Ft
07/08/2022 07/08/22 Pending -- -- --
06/15/2022 06/15/22 Price Changed $529,000 -1.9% $562 / Sq Ft
05/26/2022 05/26/22 For Sale $539,000 -- $572 / 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 $6,326 $533,723 $330,374 $203,349
2024 $6,326 $523,259 $323,897 $199,362
2023 $6,177 $513,000 $317,547 $195,453
2022 $6,245 $631,245 $372,559 $258,686
2021 $7,111 $618,868 $365,254 $253,614
2020 $6,842 $583,578 $242,676 $340,902
2019 $6,366 $545,400 $226,800 $318,600
2018 $5,886 $505,000 $210,000 $295,000
2017 $5,631 $480,000 $200,000 $280,000
2016 $5,581 $478,950 $309,000 $169,950
2015 $5,421 $557,381 $328,964 $228,417
2014 $6,296 $546,464 $322,521 $223,943
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 222067122

MetroList

APN: 007-0141-022-0058

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