NOT LISTED FOR SALE

2516 Midland Way Carmichael, CA 95608

Greenwood Neighborhood

Estimated Value: $510,897 - $570,000

3 Beds
2 Baths
1,463 Sq Ft
$363/Sq Ft Est. Value

Last Sold September 03, 2019

Last sale price $390,000 $267 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,249/month

About This Home

As of September 2019

Amazing opportunity to own completely remodeled home on quiet street. Great neighbors and big lot! New kitchen, bathrooms, refinished hardwood flooring, new carpeting. Beautifully done!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 21, 2025
Sold by
Castro Kurt
Bought by
Valencia Margaret and Valencia Bryan Eric
Current Estimated Value
$530,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Outstanding Balance
$472,188
Interest Rate
6.93%
Mortgage Type
New Conventional
Estimated Equity
$58,536

Purchase Details

Listed on
Jun 30, 2019
Closed on
Aug 26, 2019
Sold by
Emmaus Opportunity Investors Llc
Bought by
Castro Kurt
Seller's Agent
John Veth
John J. Veth, Broker
Buyer's Agent
Alison Adkison
The Key Agency
List Price
$399,900
Sold Price
$390,000
Premium/Discount to List
-$9,900
-2.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.18%
Original Mortgage
$382,936
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 30, 2019
Sold by
Veth John
Bought by
Emmaus Opportunity Investors Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.4%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 18, 2019
Sold by
Veth Stacy
Bought by
Veth John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.4%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 16, 2019
Sold by
The Elsie M Sauer Revocable Trust
Bought by
Veth John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.4%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 19, 2000
Sold by
Sauer Elsie M
Bought by
Sauer Elsie M and Elsie M Sauer Revocable Trust

Purchase Details

Closed on
Feb 24, 1997
Sold by
Smith Howard E and Smith Dolores L
Bought by
Sauer Elsie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,850
Interest Rate
7.86%
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
Valencia Margaret $540,000 Wfg National Title Insurance C
Valencia Margaret $540,000 Wfg National Title Insurance C
Castro Kurt $390,000 Old Republic Title Company
Emmaus Opportunity Investors Llc -- None Available
Veth John -- Placer Title Company
Veth John $200,000 Placer Title Company
Sauer Elsie M -- --
Sauer Elsie M $115,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valencia Margaret $475,000
Closed Valencia Margaret $475,000
Previous Owner Castro Kurt $382,936
Previous Owner Veth John $180,000
Previous Owner Sauer Elsie M $90,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/03/2019 09/03/19 Sold $390,000 0.0% $267 / Sq Ft View Prior Sale
08/12/2019 08/12/19 Pending -- -- --
07/26/2019 07/26/19 Price Changed $389,900 -2.5% $267 / Sq Ft
06/30/2019 06/30/19 For Sale $399,900 -- $273 / Sq Ft

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 $5,083 $426,517 $131,235 $295,282
2024 $5,083 $418,155 $128,662 $289,493
2023 $4,955 $409,957 $126,140 $283,817
2022 $4,928 $401,919 $123,667 $278,252
2021 $4,847 $394,040 $121,243 $272,797
2020 $4,757 $390,000 $120,000 $270,000
2019 $2,084 $167,884 $72,991 $94,893
2018 $2,056 $164,593 $71,560 $93,033
2017 $2,040 $161,366 $70,157 $91,209
2016 $1,908 $158,203 $68,782 $89,421
2015 $1,875 $155,827 $67,749 $88,078
2014 $1,836 $152,775 $66,422 $86,353
Source: Public Records

Agents Affiliated with this Home

  • John Veth

    Seller's Agent in 2019

    John Veth

    John J. Veth, Broker

    (916) 591-7213

    11 Total Sales

    John Veth
    Section Image

  • A

    Buyer's Agent in 2019

    Alison Adkison

    The Key Agency

    Section Image
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Map

California Sacramento County Carmichael 95608 Greenwood

2516 Midland Way, Carmichael, CA

This home is located at 2516 Midland Way, Carmichael, CA 95608 and is currently estimated at $530,724, approximately $362 per square foot. 2516 Midland Way is a home located in Sacramento County with nearby schools including Starr King K-8, Rio Americano High School, and Visions In Education 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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