NOT LISTED FOR SALE

2224 Ocean Point Way Elk Grove, CA 95758

North West Elk Grove Neighborhood

Estimated Value: $617,000 - $703,000

4 Beds
2 Baths
2,195 Sq Ft
$299/Sq Ft Est. Value

Last Sold October 30, 2012

Last sale price $231,000 $105 Per Sq Ft

Est. 187% increase in value since last sale

Current estimated payment $3,909/month

6 Days on Market

Highlights

  • Private Pool
  • 1 Fireplace
  • Covered Patio or Porch
  • Stone Lake Elementary Rated A
  • No HOA
  • 4-minute walk to Pat Perez Park

About This Home

As of October 2012

This is a short sale. Single story in a great neighborhood. The garage has been converted without a permit. Selling the house as-is and the seller is not willing to do anything.

Last Agent to Sell the Property

Mario Molina

Berkshire Hathaway Home Services Elite Real Estate License #01314422 Listed on: 01/27/2012

Berkshire Hathaway Home Services Elite Real Estate

Last Buyer's Agent

Hindrik Tan

Berkshire Hathaway Home Services Elite Real Estate License #01138437

Berkshire Hathaway Home Services Elite Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,515

Year Built

  • Built in 2005

Lot Details

  • 7,492 Sq Ft Lot
  • Zoning described as MP

Parking

  • 2 Car Garage

Home Design

  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 2,195 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Private Pool
  • Covered Patio or Porch

Utilities

  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 119-2050-021-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,515

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Subtype Description: Detached
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: Unknown
  • Year Built: 2005
  • Architectural Style: A-Frame,Contemporary
  • Stories: 1
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Family Room,Gas Log
  • Fireplaces: 1
  • Flooring: Carpet,Laminate,Tile,Linoleum/Vinyl
  • Master Bathroom Features: Double Sinks,Shower Stall(s),Sunken Tub
  • Bathroom Features: Tile,Tub
  • Bathrooms: 2.00
  • Dining Room Features: Space in Kitchen
  • Room Type: Baths Other,Master Bathroom
  • Price Per Square Foot: 105.24
  • Square Footage: 2195

Exterior Features

  • Construction Materials: Cement Siding,Frame,Stucco
  • Disclosures/Documents: CC&Rs
  • Foundation: Slab
  • Horse Property: No
  • Listing Price: 225000.00
  • Lot Features: Shape Regular
  • Patio And Porch Features: Covered Patio
  • Pool Features: Built-In,Fenced,Gunite Construction,On Lot
  • Pool: Yes
  • Road Surface Type: Paved
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached
  • Driveway/Sidewalks: Sidewalk/Curb/Gutter

Utilities

  • Sewer: In & Connected
  • Utilities: Cable Available,Natural Gas Connected
  • Cooling: Ceiling Fan(s),Central
  • Electric: 220 Volts,220 Volts in Laundry
  • Heating: Central
  • Laundry Features: Cabinets,Inside Room
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Elk Grove Unified

Lot Info

  • Zoning Description: MP
  • Lot Size Acres: 0.1720
  • Lot Dimensions: xoxoxo
  • Lot Size Sq Ft: 7492

Tax Info

  • Assessor Parcel Number: 119-2050-021-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 7, 2013
Sold by
Yan Edward D and Shi Joanne J
Bought by
Yan Edward D and Shi Joanne J
Current Estimated Value
$663,695

Purchase Details

Listed on
Jan 27, 2012
Closed on
Oct 24, 2012
Sold by
Black Richard Nelson and Black Misty Lynn
Bought by
Yan Edward D and Shi Joanne J
Seller's Agent
Mario Molina
Berkshire Hathaway Home Services Elite Real Estate
Buyer's Agent
Hindrik Tan
Berkshire Hathaway Home Services Elite Real Estate
List Price
$260,000
Sold Price
$231,000
Premium/Discount to List
-$29,000
-11.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.52%
Original Mortgage
$173,250
Outstanding Balance
$120,766
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$536,025

Purchase Details

Closed on
Jun 5, 2009
Sold by
Black Richard Nelson and Black Misty Lynn
Bought by
Black Richard Nelson and Black Misty Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,466
Interest Rate
4.8%
Mortgage Type
VA

Purchase Details

Closed on
May 28, 2009
Sold by
Teg Equities & Holdings Llc
Bought by
Black Richard Nelson and Black Misty Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,466
Interest Rate
4.8%
Mortgage Type
VA

Purchase Details

Closed on
Jan 14, 2009
Sold by
Abercrombie Viola M
Bought by
Teg Equities & Holdings Llc

Purchase Details

Closed on
Nov 22, 2006
Sold by
Abercrombie Richard
Bought by
Abercrombie Viola M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,800
Interest Rate
8.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 17, 2006
Sold by
El Gammal Janet R and Janet R El Gammal Family Trust
Bought by
Abercrombie Viola M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,800
Interest Rate
8.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 22, 2005
Sold by
Elgammal Janet R
Bought by
Elgammal Janet R and Schueren Catherine M

Purchase Details

Closed on
Jun 11, 2005
Sold by
Salameh Ramzi N and Salameh Lena
Bought by
El Gammal Janet R

Purchase Details

Closed on
Mar 17, 2005
Sold by
Pulte Homes Corp
Bought by
Salameh Ramzi N and Salameh Lena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,951
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Yan Edward D -- None Available
Yan Edward D $231,000 North American Title Company
Black Richard Nelson -- Chicago Title Company
Black Richard Nelson $290,000 Chicago Title Company
Teg Equities & Holdings Llc $214,700 None Available
Abercrombie Viola M -- Financial Title Company
Abercrombie Viola M $471,000 Financial Title Company
Elgammal Janet R -- --
Elgammal Janet R -- --
El Gammal Janet R $525,000 Fidelity National Title Co
Salameh Ramzi N $434,000 Placer Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yan Edward D $173,250
Previous Owner Black Richard Nelson $299,466
Previous Owner Abercrombie Viola M $376,800
Previous Owner Janet R El Gammal Family Trust $400,000
Previous Owner Salameh Ramzi N $346,951
Closed Salameh Ramzi N $43,368
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2012 10/30/12 Sold $231,000 -11.2% $105 / Sq Ft
02/02/2012 02/02/12 Pending -- -- --
01/27/2012 01/27/12 For Sale $260,000 -- $118 / 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
2025 $3,515 $284,447 $92,350 $192,097
2024 $3,515 $278,871 $90,540 $188,331
2023 $3,420 $273,404 $88,765 $184,639
2022 $3,365 $268,044 $87,025 $181,019
2021 $3,300 $262,789 $85,319 $177,470
2020 $3,446 $260,096 $84,445 $175,651
2019 $3,884 $254,997 $82,790 $172,207
2018 $3,802 $249,998 $81,167 $168,831
2017 $3,742 $245,097 $79,576 $165,521
2016 $3,607 $240,292 $78,016 $162,276
2015 $3,555 $236,684 $76,845 $159,839
2014 $3,523 $232,048 $75,340 $156,708
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2012

    Mario Molina

    Berkshire Hathaway Home Services Elite Real Estate

    Section Image
  • Hindrik Tan

    Buyer's Agent in 2012

    Hindrik Tan

    Berkshire Hathaway Home Services Elite Real Estate

    (916) 230-7878

    3 in this area

    12 Total Sales

    Section Image
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Map

Source: MetroList

MLS Number: 12006323

MetroList

APN: 119-2050-021

California Sacramento County Elk Grove 95758 North West Elk Grove

2224 Ocean Point Way, Elk Grove, CA

This home is located at 2224 Ocean Point Way, Elk Grove, CA 95758 since 27 January 2012 and is currently estimated at $656,791, approximately $299 per square foot. This property was built in 2005. 2224 Ocean Point Way is a home located in Sacramento County with nearby schools including Stone Lake Elementary, Toby Johnson Middle School, and Franklin High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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