NOT LISTED FOR SALE

Estimated Value: $296,643 - $338,000

2 Beds
1 Bath
1,131 Sq Ft
$286/Sq Ft Est. Value

Last Sold February 28, 2012

Last sale price $63,000 $56 Per Sq Ft

Est. 413% increase in value since last sale

Current estimated payment $1,853/month

70 Days on Market

Highlights

  • 0.27 Acre Lot
  • No HOA
  • 1-Story Property
  • Granite Countertops

About This Home

As of February 2012

Charming 2 bedroom, 1 bath home in Palmetto Heights has beautiful hardwood floors, kitchen has updated cabinetry, countertops, tile bathroom, and lots of wood accents throughout. Over a quarter of an acre lot! This property is approved for HomePath Mortgage and Home Path Renovation Mortgage Financing. Tenant occupied and ready to cash flow for an invesment property.

Last Agent to Sell the Property

James Natz

Clear Horizon Real Estate License #01047856 Listed on: 12/05/2011

Last Buyer's Agent

Paloma Begin

Compass License #01254423

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,123

Year Built

  • Built in 1927 | Remodeled

Lot Details

  • 0.27 Acre Lot
  • Back Yard Fenced

Home Design

  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 1,131 Sq Ft Home
  • 1-Story Property
  • Partial Basement
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Wall Furnace
  • 220 Volts

Community Details

  • No Home Owners Association
  • Palmetto Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 020-0023-030-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,123

Year Built

Built in 1927 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Subtype Description: Detached
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: Yes
  • Year Built: 1927
  • Architectural Style: Cottage/Bungalow
  • Stories: 1
  • Subdivision: Palmetto Heights
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher,Disposal,Free Standing Gas Range,Microwave
  • Flooring: Carpet,Wood
  • Master Bedroom Features: Closet
  • Bathroom Features: Tile,Tub w/Shower Over,Window
  • Bathrooms: 1.00
  • Basement: Partial
  • Dining Room Features: Formal Area,Space in Kitchen
  • Kitchen Features: Granite Counter
  • Room Type: Baths Other,Master Bedroom
  • Price Per Square Foot: 55.70
  • Square Footage: 1131

Exterior Features

  • Construction Materials: Brick,Frame,Lap Siding,Wood
  • Disclosures/Documents: CC&Rs,Other
  • Fencing: Back Yard
  • Foundation: Raised
  • Horse Property: No
  • Listing Price: 64900.00
  • Lot Features: Landscape Back,Landscape Front,Shape Regular,Street Lights,Public Trans Nearby
  • Pool: No
  • Property Condition: Updated/Remodeled
  • Road Surface Type: Chip And Seal
  • Roof: Composition

Garage/Parking

  • Parking Features: Boat Storage,No Garage,RV Possible
  • Driveway/Sidewalks: Sidewalk/Curb/Gutter

Utilities

  • Sewer: In & Connected,Sewer in Street
  • Utilities: All Public,Cable Available,Natural Gas Connected
  • Cooling: Ceiling Fan(s),Wall Unit(s)
  • Electric: 220 Volts
  • Heating: Wall Furnace
  • Laundry Features: See Remarks
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: R-1
  • Lot Size Acres: 0.2700
  • Lot Dimensions: unknown
  • Lot Size Sq Ft: 11761

Rental Info

  • Current Rent: 700

Tax Info

  • Assessor Parcel Number: 020-0023-030-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2011
Closed on
Feb 21, 2012
Sold by
Federal National Mortgage Association
Bought by
Calavita Joe
Seller's Agent
James Natz
Clear Horizon Real Estate
Buyer's Agent
Paloma Begin
Compass
List Price
$77,000
Sold Price
$63,000
Premium/Discount to List
-$14,000
-18.18%
Current Estimated Value
$323,411

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$260,411
Avg. Annual Appreciation
12.81%

Purchase Details

Closed on
Sep 12, 2011
Sold by
Overton Darian
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 29, 2004
Sold by
Sanford Florence E
Bought by
Overton Darian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,950
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 15, 1999
Sold by
Walter M Merva Family 1995 Trust and Walter M
Bought by
Sanford Florence E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,900
Interest Rate
7.01%

Purchase Details

Closed on
Dec 4, 1996
Sold by
Merva Walter M
Bought by
Merva Walter M and Merva Mary J

Purchase Details

Closed on
Nov 22, 1995
Sold by
Merva Antonia I
Bought by
Merva Walter M and Antonia I Merva 1995 Trust
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
Calavita Joe $63,000 Fidelity National Title Comp
Federal National Mortgage Association $170,094 Pacific Coast Title
Overton Darian $221,000 Nctc
Sanford Florence E $71,000 Placer Title Company
Merva Walter M -- --
Merva Walter M -- --
Merva Walter M -- --
Merva Antonia I -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Calavita Joe $108,375
Previous Owner Overton Darian $209,950
Previous Owner Sanford Florence E $63,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2012 02/28/12 Sold $63,000 -18.2% $56 / Sq Ft
02/13/2012 02/13/12 Pending -- -- --
12/05/2011 12/05/11 For Sale $77,000 -- $68 / 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 $1,123 $79,119 $37,676 $41,443
2024 $1,123 $77,569 $36,938 $40,631
2023 $1,097 $76,049 $36,214 $39,835
2022 $1,077 $74,558 $35,504 $39,054
2021 $1,030 $73,097 $34,808 $38,289
2020 $1,033 $72,349 $34,452 $37,897
2019 $1,013 $70,931 $33,777 $37,154
2018 $987 $69,541 $33,115 $36,426
2017 $973 $68,178 $32,466 $35,712
2016 $901 $66,842 $31,830 $35,012
2015 $886 $65,839 $31,352 $34,487
2014 $865 $64,550 $30,738 $33,812
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 11084664

MetroList

APN: 020-0023-030