NOT LISTED FOR SALE

Estimated Value: $543,000

1.5 Acres
$362,000 Price per Acre
65,340 Sq Ft Lot

Last Sold July 06, 2021

Last sale price $500,000

Est. 9% increase in value since last sale

Current estimated payment $2,885/month

177 Days on Market

Highlights

  • 1.5 Acre Lot
  • Partially Fenced Property
  • Grass Covered Lot
  • No HOA
  • Paved or Partially Paved Lot

About This Lot

As of July 2021

1.5 Acre Infill land Development Opportunity!! Commercial zoned. Possible six fourplex (one on each lot), Multi-family Residential and Commercial options. Great project ROI numbers. Very close to Hwy 99 with very high vehicle and foot traffic counts. Water, sewer and electrical found on property and adjacent to property. Property has been subdivided into 6 individual lots with their own addresses and APNs. All 6 Lots are being sold as one package. APN# 014,015,016,017,018 and 019. Seller is open to individual lots sales.

Last Agent to Sell the Property

AZ Chaudhary

KW Sac Metro License #02075532 Listed on: 04/24/2020

KW Sac Metro

Last Buyer's Agent

AZ Chaudhary

KW Sac Metro License #02075532 Listed on: 04/24/2020

KW Sac Metro

Property Details

Property Type

  • Land

Lot Details

  • 1.5 Acre Lot
  • Property fronts a highway
  • Partially Fenced Property
  • Paved or Partially Paved Lot
  • Few Trees
  • Grass Covered Lot
  • 6 Lots in the community
  • Possible uses of the property include Commercial, Residential, Subdivision
  • Property is zoned LC, Commercial,Multi-Residential,Split Possible,See Remarks

Community Details

  • No Home Owners Association
  • Fruitridge Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 022-0242-014-0000

Property Details

Property Type

Land

Lot Details

1.5 Acres

Listing Details

  • Property Type: Land
  • Property Subtype 1: Commercial Lot
  • Primary Residence: None
  • Subdivision: Fruitridge Park
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Other Equipment: None

Exterior Features

  • Other Structures: None
  • Disclosures/Documents: CC&Rs, None, See Remarks
  • Fencing: Partial
  • Listing Price: 599000.00
  • Lot Features: Paved, Shape Regular, Sidewalk(s), Street Light(s), See Remarks
  • Road Frontage: Highway Exposure
  • Road Surface Type: Paved
  • View Description: Local
  • Additional Living Units: No

Utilities

  • Utilities: See Remarks
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning: LC
  • Crops: None
  • Current Use: See Remarks, Vacant
  • Development Status: Lot Build To Suit, See Remarks
  • Number of Lots: 6
  • Zoning Description: Commercial,Multi-Residential,Split Possible,See Remarks
  • Irrigation: Public
  • Lot Size Acres: 1.5000
  • Lot Size Sq Ft: 65340
  • Possible Use: Commercial, Residential, Subdivision

Multi Family

  • Income Includes: None

Tax Info

  • Assessor Parcel Number: 022-0242-014-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2020
Closed on
Jun 23, 2021
Sold by
Saeed Faraz A and Saeed Muhammad R
Bought by
Az & Pham Properties Llc
Seller's Agent
AZ Chaudhary
KW Sac Metro
Buyer's Agent
AZ Chaudhary
KW Sac Metro
List Price
$599,000
Sold Price
$500,000
Premium/Discount to List
-$99,000
-16.53%
Current Estimated Value
$543,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,000
Original Mortgage
$345,000
Outstanding Balance
$312,355
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 5, 2020
Sold by
Saeed Faraz A
Bought by
Saeed Faraz A and Saeed Muhammad R

Purchase Details

Closed on
Oct 6, 2008
Sold by
Rauf Abdul
Bought by
Saeed Faraz A

Purchase Details

Closed on
Mar 15, 2005
Sold by
Rauf Tahmina
Bought by
Rauf Abdul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 14, 2005
Sold by
Young Carolyn M and Estate Of Hero Suyekawa
Bought by
Rauf Abdul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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
Az & Pham Properties Llc $500,000 Chicago Title Company
Saeed Faraz A -- None Available
Saeed Faraz A -- None Available
Rauf Abdul -- Placer Title Company
Rauf Abdul $545,000 Placer Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Az & Pham Properties Llc $345,000
Previous Owner Rauf Abdul $270,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/06/2021 07/06/21 Sold $500,000 -16.5% --
10/18/2020 10/18/20 Pending -- -- --
10/18/2020 10/18/20 For Sale $599,000 +19.8% --
07/23/2020 07/23/20 Off Market $500,000 -- --
05/24/2020 05/24/20 Pending -- -- --
04/24/2020 04/24/20 For Sale $599,000 -- --
Source: MetroList

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 $1,055 $88,398 $88,398 --
2024 $1,055 $86,665 $86,665 --
2023 $1,031 $84,966 $84,966 $0
2022 $1,015 $83,300 $83,300 $0
2021 $1,327 $113,729 $113,729 $0
2020 $1,339 $112,563 $112,563 $0
2019 $1,312 $110,356 $110,356 $0
2018 $1,279 $108,193 $108,193 $0
2017 $1,262 $106,072 $106,072 $0
2016 $1,244 $103,993 $103,993 $0
2015 $1,227 $102,431 $102,431 $0
2014 $1,194 $100,425 $100,425 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 20023726

MetroList

APN: 022-0242-014

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