NOT LISTED FOR SALE

2240 Colfax St Sacramento, CA 95815

Old North Sacramento Neighborhood

Estimated Value: $738,375

Studio
-- Bath
-- Sq Ft
13,504 Sq Ft Lot

About This Home

This home is located at 2240 Colfax St, Sacramento, CA 95815 and is currently estimated at $738,375. 2240 Colfax St is a home located in Sacramento County with nearby schools including Las Palmas Elementary School West Campus, Las Palmas Elementary School, and Rio Tierra Junior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 18, 2023
Sold by
Tom Hipp Revocable Trust and Hipp Thomas W
Bought by
J & J Chahal Family Trust
Current Estimated Value
$738,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$605,000
Outstanding Balance
$588,673
Interest Rate
6.96%
Mortgage Type
Seller Take Back
Estimated Equity
$149,702

Purchase Details

Closed on
Sep 12, 2017
Sold by
Hipp Thomas W
Bought by
Hipp Thomas W and Tom Hipp Revocable Trust

Purchase Details

Closed on
Feb 29, 2016
Sold by
Hipp Njura W and Hipp Thomas W
Bought by
Hipp Thomas W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,000
Interest Rate
3.79%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 19, 2006
Sold by
Machael Carruthers James D and Machael James
Bought by
Hipp Thomas W and Hipp Njura W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.16%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 3, 1998
Sold by
Jones Cheryl L and Estate Of William Craig Jones
Bought by
Machael Carruthers James D and Machael James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,500
Interest Rate
6.61%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

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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
J & J Chahal Family Trust $730,000 Placer Title
Hipp Thomas W -- None Available
Hipp Thomas W -- Placer Title Company
Hipp Thomas W $265,000 Fidelity National Title Co
Machael Carruthers James D $144,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open J & J Chahal Family Trust $605,000
Previous Owner Hipp Thomas W $259,000
Previous Owner Hipp Thomas W $135,000
Previous Owner Machael Carruthers James D $131,500
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 $9,081 $744,600 $137,700 $606,900
2024 $9,081 $730,000 $135,000 $595,000
2023 $4,729 $341,241 $173,839 $167,402
2022 $4,479 $334,551 $170,431 $164,120
2021 $4,457 $327,992 $167,090 $160,902
2020 $4,412 $324,630 $165,377 $159,253
2019 $4,354 $318,266 $162,135 $156,131
2018 $4,121 $312,026 $158,956 $153,070
2017 $4,247 $305,909 $155,840 $150,069
2016 $4,419 $315,674 $152,785 $162,889
2015 $4,271 $318,444 $150,491 $167,953
2014 $4,327 $310,565 $147,544 $163,021
Source: Public Records

Map

California Sacramento County Sacramento 95815 Old North Sacramento

2240 Colfax St, Sacramento, CA

Not Listed for Sale

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