NOT LISTED FOR SALE

Estimated Value: $802,000 - $1,096,847

1 Bed
2 Baths
1,383 Sq Ft
$650/mo HOA Fee

Last Sold June 05, 2023

Last sale price $1,075,000 $777 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $7,359/month

70 Days on Market

Highlights

  • Panoramic View
  • Built-In Refrigerator
  • Wood Flooring
  • Miwok Middle School Rated A-
  • Contemporary Architecture
  • Loft

About This Home

As of June 2023

Sophistication, comfort, and convenience blend seamlessly in this Penthouse located in the desirable L Street Lofts in wonderful Midtown Sacramento. Gleaming hardwood floors welcome you into the open and airy space with 18-foot ceilings and designer light fixtures. The west facing condo and full balcony provides unforgettable 180-degree views of the Capitol Dome, Downtown Sacramento, and beyond. The kitchen features built-in Thermador refrigerator and gas cook top, with granite countertops and beautiful PoggenPohl cabinets that accentuate the sleek, modern style. Unwind in front of the gas fireplace and get ready to be inspired by the expansive windows that extend floor to ceiling while watching spectacular sunsets. Conveniently located on the first floor of the home there is a spacious bathroom with a soaking tub as well as a laundry room with storage space. The 2nd-level loft bedroom with a view, provides abundant closet space and a full bathroom with walk-in shower. Included is 1 assigned parking space in the secure garage located in the building. The balcony has water/gas. Restaurants, wine bars, breweries, specialty shops, nightlife, and entertainment are within blocks. Enjoy being in the heart of Sacramento and the best location in midtown with everything you could desire

Last Agent to Sell the Property

Michael Onstead

Coldwell Banker Realty License #01222608 Listed on: 02/24/2023

Coldwell Banker Realty

Co-Listed By

Clara Tucker

Coldwell Banker Realty License #02026727

Last Buyer's Agent

Aaron Cullen

Brokers Inc. License #01146606

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,949

Year Built

  • Built in 2008

HOA Fees

  • $650 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Alley Access
  • Garage Door Opener

Property Views

  • Panoramic

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Pillar, Post or Pier Foundation
  • Slab Foundation
  • Concrete Perimeter Foundation
  • Metal Construction or Metal Frame
  • Masonry
  • Stucco

Interior Spaces

  • 1,383 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Low Emissivity Windows
  • Window Treatments
  • Great Room
  • Living Room
  • Family or Dining Combination
  • Loft
  • Security System Owned

Kitchen

  • Built-In Electric Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Built-In Refrigerator
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer
  • 220 Volts In Laundry

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Additional Features

  • West Facing Home

Listing and Financial Details

  • Assessor Parcel Number 007-0141-022-0087

Community Details

Overview

  • Association fees include gas, maintenanceexterior, ground maintenance, sewer, trash, water
  • 92 Units
  • L Street Lofts Owners Association, Phone Number (916) 974-0147
  • L Street Lofts Subdivision, Penthouse 804 Floorplan
  • Mandatory home owners association

Pet Policy

  • Limit on the number of pets

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,949

Year Built

Built in 2008

Lot Details

0

HOA Fees

$650 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Subtype Description: Attached,Loft,Mid-Rise (4-8),Luxury
  • Property Subtype 1: Condominium
  • Remodeled Updated: Unknown
  • Restrictions: Rental(s),Signs
  • Stories: 2
  • Year Built: 2008
  • Architectural Style: Contemporary
  • Levels: Two
  • Subdivision: L Street Lofts
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Electric Oven, Gas Cook Top, Gas Plumbed, Built-In Refrigerator, Hood Over Range, Ice Maker, Dishwasher, Disposal, Microwave, Plumbed For Ice Maker
  • Other Equipment: Networked
  • Fireplace Features: Living Room, Gas Log
  • Fireplaces: 1
  • Flooring: Tile, Wood
  • Master Bathroom Features: Shower Stall(s),Dual Flush Toilet,Granite,Stone
  • Master Bedroom Features: Closet
  • Total Bathrooms: 2
  • Bathroom Features: Shower Stall(s),Granite,Stone,Marble
  • Dining Room Features: Dining/Family Combo
  • Kitchen Features: Granite Counter,Slab Counter,Kitchen/Family Combo
  • Living Room Features: Deck Attached,Great Room,View
  • Room Type: Loft, Master Bathroom, Master Bedroom, Great Room, Laundry
  • Main Level: Living Room,Dining Room,Full Bath(s),Kitchen
  • Price Per Square Foot: 777.30
  • Square Footage: 1383.00
  • Window Features: Dual Pane Full, Low E Glass Full, Window Coverings

Exterior Features

  • Construction Materials: Metal, Brick, Concrete, Stucco, Glass, Wood, Masonry Reinforced
  • Property Faces: West
  • Disclosures/Documents: Association Docs, CC&Rs, Natural Hazard Disclosure Available
  • Exterior Features: Balcony
  • Foundation: PillarPostPier, Slab
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 1149900.00
  • Lot Features: Other
  • Pool: No
  • Road Surface Type: Paved
  • Roof: Flat
  • Spa: No
  • View Description: Panoramic, City, City Lights, Downtown

Garage/Parking

  • Garage Spaces: 1.00
  • Parking Features: Alley Access, Garage Door Opener, Underground Parking
  • Driveway/Sidewalks: Sidewalk/Curb/Gutter

Utilities

  • Security: Carbon Mon Detector, Security System Owned, Smoke Detector, Fire Suppression System, Secured Access
  • Sewer: In & Connected, Public Sewer
  • Utilities: Cable Available, Public, Internet Available, Natural Gas Connected
  • Cooling: Ceiling Fan(s), Central
  • Electric: 220 Volts, 220 Volts in Laundry
  • Heating: Central
  • Laundry Features: Cabinets, Dryer Included, Ground Floor, Washer Included, Inside Room
  • Water Source: Public

Condo/Co-op/Association

  • Association Features: None
  • Association Fee: 650
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Gas, MaintenanceExterior, MaintenanceGrounds, Sewer, Trash, Water
  • Association Name: L Street Lofts Owners Association
  • Association Phone: (916) 974-0147
  • Association: Yes
  • Pets Allowed: Yes, Number Limit
  • Senior Community: No
  • Location of Unit: Top Floor,Unit Below,Penthouse(s)
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Mandatory Association: Yes

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: RMX-UN
  • Irrigation: None
  • ResoLotSizeUnits: Acres

Multi Family

  • Number of Units: 92

Tax Info

  • Assessor Parcel Number: 007-0141-022-0087
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2023
Closed on
May 31, 2023
Sold by
2006 Pedram Paul Towfighi Separate Prope
Bought by
Co Johnston
Seller's Agent
Michael Onstead
Coldwell Banker Realty
Buyer's Agent
Aaron Cullen
Brokers Inc.
List Price
$1,199,000
Sold Price
$1,075,000
Premium/Discount to List
-$124,000
-10.34%
Total Days on Market
70
Views
172
Current Estimated Value
$1,002,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$72,038
Avg. Annual Appreciation
-3.41%
Original Mortgage
$860,000
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2021
Sold by
Prope 2006 Pedram Paul Towfighi Separate
Bought by
Hooshang Enterprises Lp

Purchase Details

Closed on
Dec 26, 2015
Sold by
Towfighi Pedram Paul and Towfighi Pedram
Bought by
Towfighi Pedram Paul

Purchase Details

Listed on
Apr 28, 2015
Closed on
Jun 5, 2015
Sold by
Lofts On L Street Holdings Llc
Bought by
Towfighi Pedram Paul
Seller's Agent
Michael Onstead
Coldwell Banker Realty
Buyer's Agent
Shelley Hescock
Better Homes and Gardens RE
List Price
$878,000
Sold Price
$870,000
Premium/Discount to List
-$8,000
-0.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.44%
Original Mortgage
$694,400
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 10, 2012
Sold by
Cre Lk L Street Llc
Bought by
Lofts On L Street Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,250,000
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 18, 2011
Sold by
L Street Lofts Llc
Bought by
Cre Lj L Street Llc
Source: Public Records

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Range of Values:

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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
Co Johnston $1,075,000 Placer Title
Hooshang Enterprises Lp -- Beyer Pongratz & Roses Pc
Towfighi Pedram Paul -- None Available
Towfighi Pedram Paul $870,000 First American Title Company
Lofts On L Street Holdings Llc $10,750,000 First American Title Insuran
Cre Lj L Street Llc $8,302,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Co Johnston $860,000
Previous Owner Towfighi Pedram Paul $694,400
Previous Owner Lofts On L Street Holdings Llc $15,000
Previous Owner Lofts On L Street Holdings Llc $15,250,000
Previous Owner L Street Lofts Llc $480,836
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2023 06/05/23 Sold $1,075,000 -6.5% $777 / Sq Ft
05/05/2023 05/05/23 Pending -- -- --
04/08/2023 04/08/23 Price Changed $1,149,900 -4.1% $831 / Sq Ft
02/24/2023 02/24/23 For Sale $1,199,000 +37.8% $867 / Sq Ft
06/15/2015 06/15/15 Sold $870,000 -0.9% $629 / Sq Ft
05/04/2015 05/04/15 Pending -- -- --
04/27/2015 04/27/15 For Sale $878,000 -- $635 / 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
2024 $12,949 $1,096,500 $328,950 $767,550
2023 $11,841 $1,004,999 $301,497 $703,502
2022 $11,642 $985,294 $295,586 $689,708
2021 $11,085 $965,976 $289,791 $676,185
2020 $11,186 $956,072 $286,820 $669,252
2019 $10,921 $937,327 $281,197 $656,130
2018 $10,659 $918,949 $275,684 $643,265
2017 $10,514 $900,931 $270,279 $630,652
2016 $10,282 $883,267 $264,980 $618,287
2015 $5,268 $444,167 $91,968 $352,199
2014 $5,123 $435,467 $90,167 $345,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 223011561

MetroList

APN: 007-0141-022-0087