NOT LISTED FOR SALE

3037 Margate Way Rancho Cordova, CA 95670

White Rock Neighborhood

Estimated Value: $388,000 - $467,000

4 Beds
2 Baths
1,356 Sq Ft
$320/Sq Ft Est. Value

Last Sold June 11, 2013

Last sale price $192,000 $142 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $2,607/month

6 Days on Market

Highlights

  • 1 Fireplace
  • No HOA
  • Living Room
  • Granite Countertops
  • 2 Car Attached Garage
  • Central Heating and Cooling System

About This Home

As of June 2013

Home in excellent condition, remodeled and updated, stainless kitchen appliances, granite counters, beautiful cabinets. Dining area in large kitchen.Spacious living room, great floor plan, nice sized bedrooms. Closets have mirrored doors and all are large. Ceilings fans in all rooms! Deck off Kitchen/dining rm. and large yard. Great neighborhood, easy freeway access. What more could you want? Pack your bags and move right in as home is in excellent condition. Move fast, this won't last.

Last Agent to Sell the Property

Teresa Ward

RE/MAX Gold License #00324289 Listed on: 05/30/2013

RE/MAX Gold

Last Buyer's Agent

Teresa Ward

RE/MAX Gold License #00324289 Listed on: 05/30/2013

RE/MAX Gold

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,569

Year Built

  • Built in 1957 | Remodeled

Lot Details

  • 6,098 Sq Ft Lot
  • Back Yard Fenced
  • Zoning described as RD5

Parking

  • 2 Car Attached Garage

Home Design

  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 1,356 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Living Room
  • Family or Dining Combination
  • Granite Countertops
  • Laundry in Garage

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Cordova Towne Subdivision

Listing and Financial Details

  • Assessor Parcel Number 077-0103-016-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,569

Year Built

Built in 1957 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Subtype Description: Detached
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: Yes
  • Year Built: 1957
  • Architectural Style: Ranch
  • Stories: 1
  • Subdivision: Cordova Towne
  • Remodeled/Updated Desc: Bath 0-5YR,Kitchen 0-5YR
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher,Free Standing Gas Range,Microwave
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Flooring: Carpet,Tile
  • Master Bathroom Features: Shower Stall(s),Tile
  • Master Bedroom Features: Closet
  • Bathroom Features: Tile,Tub
  • Bathrooms: 2.00
  • Dining Room Features: Dining/Family Combo
  • Kitchen Features: Granite Counter
  • Room Type: Baths Other,Master Bathroom,Master Bedroom
  • Price Per Square Foot: 141.59
  • Square Footage: 1356

Exterior Features

  • Construction Materials: Brick,Frame,Stucco
  • Disclosures/Documents: CC&Rs
  • Fencing: Back Yard
  • Foundation: Raised
  • Listing Price: 195000.00
  • Lot Features: Street Lights
  • Pool: No
  • Property Condition: Updated/Remodeled
  • Roof: Composition

Garage/Parking

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

Utilities

  • Sewer: In & Connected
  • Utilities: All Public
  • Cooling: Central
  • Heating: Central
  • Laundry Features: In Garage
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Folsom-Cordova

Lot Info

  • Zoning Description: RD5
  • Lot Size Acres: 0.1400
  • Lot Size Sq Ft: 6098

Tax Info

  • Assessor Parcel Number: 077-0103-016-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2018
Sold by
2018 3 Ih Borrower Lp
Bought by
2018 3 Ih Borrower Lp
Current Estimated Value
$434,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,038,300
Outstanding Balance
$112,697,607
Interest Rate
4.5%
Mortgage Type
Loan Amount Between One & Nine Billion
Estimated Equity
-$112,263,546

Purchase Details

Closed on
Jun 19, 2015
Sold by
Ih2 Property West Lp
Bought by
2015-3 Ih2 Property West Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,395,000
Interest Rate
3.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
May 30, 2013
Closed on
Jun 7, 2013
Sold by
Torres Kristina
Bought by
Ih2 Property West Lp
Seller's Agent
Teresa Ward
RE/MAX Gold
Buyer's Agent
Teresa Ward
RE/MAX Gold
List Price
$195,000
Sold Price
$192,000
Premium/Discount to List
-$3,000
-1.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.83%

Purchase Details

Closed on
Jan 3, 2011
Sold by
Clark Daniel M
Bought by
Torres Kristina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,994
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 8, 2010
Sold by
Clark Ann Margaret
Bought by
Clark Daniel M

Purchase Details

Closed on
Jun 30, 2010
Sold by
U S Bank National Association
Bought by
Clark Daniel M

Purchase Details

Closed on
May 13, 2010
Sold by
Loots Elmer and Clark Diane
Bought by
U S Bank National Association

Purchase Details

Closed on
Sep 19, 2006
Sold by
Clark Mark Kenneth
Bought by
Clark Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
7.34%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 25, 2005
Sold by
Morris Loots Vonda K
Bought by
Loots Elmer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2004
Sold by
Loots Elmer
Bought by
Loots Elmer and Clark Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 8, 2001
Sold by
Morris Loots Vonda K
Bought by
Loots Elmer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,300
Interest Rate
7.11%

Purchase Details

Closed on
Mar 5, 2001
Sold by
Hepper Jay and Hepper Debbie
Bought by
Loots Elmer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,300
Interest Rate
7.11%

Purchase Details

Closed on
Jun 13, 1995
Sold by
Hud
Bought by
Hepper Jay and Hepper Debbie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,320
Interest Rate
8.37%

Purchase Details

Closed on
Nov 2, 1994
Sold by
Keycorp Mtg Inc
Bought by
Hud

Purchase Details

Closed on
Aug 20, 1994
Sold by
Keycorp Mtg Inc
Bought by
Keycorp Mtg Inc
Source: Public Records

Range of Values:

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Average Value
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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
2018 3 Ih Borrower Lp -- Os National Llc
2015-3 Ih2 Property West Lp -- None Available
Ih2 Property West Lp $192,000 Placer Title Company
Torres Kristina $158,000 Fidelity National Title Co
Clark Daniel M -- Chicago Title Company
Clark Daniel M $107,000 Chicago Title Company
U S Bank National Association $103,046 Accommodation
Clark Diane -- Ticor Title
Loots Elmer -- First American Title Co
Loots Elmer -- --
Loots Elmer -- Financial Title Company
Loots Elmer $127,000 Financial Title Company
Hepper Jay $61,000 Stewart Title
Hud -- --
Keycorp Mtg Inc $86,928 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2018 3 Ih Borrower Lp $130,038,300
Previous Owner 2015-3 Ih2 Property West Lp $119,395,000
Previous Owner Torres Kristina $153,994
Previous Owner Clark Diane $256,000
Previous Owner Loots Elmer $250,000
Previous Owner Loots Elmer $205,000
Previous Owner Loots Elmer $114,300
Previous Owner Hepper Jay $48,320
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/11/2013 06/11/13 Sold $192,000 -1.5% $142 / Sq Ft
06/05/2013 06/05/13 Pending -- -- --
05/30/2013 05/30/13 For Sale $195,000 -- $144 / 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 $3,569 $301,745 $92,843 $208,902
2024 $3,569 $295,829 $91,023 $204,806
2023 $3,499 $290,030 $89,239 $200,791
2022 $3,456 $284,344 $87,490 $196,854
2021 $3,389 $278,770 $85,775 $192,995
2020 $3,368 $275,913 $84,896 $191,017
2019 $3,314 $270,504 $83,232 $187,272
2018 $2,553 $207,791 $54,112 $153,679
2017 $2,490 $203,717 $53,051 $150,666
2016 $2,445 $199,723 $52,011 $147,712
2015 $2,322 $196,724 $51,230 $145,494
2014 $2,473 $192,871 $50,227 $142,644
Source: Public Records

Agents Affiliated with this Home

  • Teresa Ward

    Seller's Agent in 2013

    Teresa Ward

    RE/MAX

    (916) 712-1958

    26 Total Sales

    Teresa Ward
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Map

Source: MetroList

MLS Number: 13030463

MetroList

APN: 077-0103-016

California Sacramento County Rancho Cordova 95670 White Rock

3037 Margate Way, Rancho Cordova, CA

This home is located at 3037 Margate Way, Rancho Cordova, CA 95670 since 30 May 2013 and is currently estimated at $434,061, approximately $320 per square foot. This property was built in 1957. 3037 Margate Way is a home located in Sacramento County with nearby schools including White Rock Elementary School, Mills Middle School, and Cordova 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.

MetroList IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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