NOT LISTED FOR SALE

4531 Lippi Pkwy Sacramento, CA 95823

Estimated Value: $412,000 - $441,000

3 Beds
2 Baths
1,456 Sq Ft
$290/Sq Ft Est. Value

Last Sold July 29, 2015

Last sale price $194,000 $133 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $2,529/month

13 Days on Market

Highlights

  • 1 Fireplace
  • Double Pane Windows
  • Central Heating and Cooling System
  • No HOA
  • Living Room
  • 4-minute walk to Phoenix Green

About This Home

As of July 2015

MOTIVATED SELLER, --ATTENTION INVESTORS, .Long term tenants paying $1350.00 month, Bring cash offer! Wonderful Home In Desirable Parkway Estates.All Of The Rooms Are Spacious. Family Room/Kitchen Is Huge! Kitchen has updated cabinets, beautiful granite, and the island faces family room. Beautiful laminate flooring, mosaic tile accents in hall. The back yard is a a gardeners dream. Tons of potential. t

Last Agent to Sell the Property

Tami Mellor

RE/MAX Gold Elk Grove License #01406835 Listed on: 06/07/2015

RE/MAX Gold Elk Grove

Last Buyer's Agent

Linda Hao

Keller Williams Realty License #01945416

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,756

Year Built

  • Built in 1956 | Remodeled

Lot Details

  • 7,405 Sq Ft Lot
  • South Facing Home
  • Zoning described as RD5

Parking

  • 2 Car Garage

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,456 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Double Pane Windows
  • Living Room
  • Carbon Monoxide Detectors
  • Laundry in Garage

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Separate Shower

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Parkway Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 050-0162-016-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,756

Year Built

Built in 1956 | 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: 1956
  • Architectural Style: Ranch
  • Stories: 1
  • Subdivision: Parkway Estates
  • Remodeled/Updated Desc: Bath 6-10YR,Bath 0-5YR
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher,Disposal,Free Standing Electric Range
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Flooring: Carpet,Laminate,Tile
  • Master Bathroom Features: Shower Stall(s)
  • Master Bedroom Features: Closet,Ground Floor
  • Bathroom Features: Tub w/Shower Over,Window
  • Bathrooms: 2.00
  • Dining Room Features: Dining Bar,Dining/Family Combo,Formal Area
  • Kitchen Features: Granite Counter,Island
  • Room Type: Baths Other,Great Room,Master Bathroom,Master Bedroom
  • Price Per Square Foot: 133.24
  • Square Footage: 1456
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Frame,Wood
  • Property Faces: South
  • Disclosures/Documents: CC&Rs
  • Foundation: Slab
  • Listing Price: 190000.00
  • Lot Features: Curb(s),Curb(s)/Gutter(s),Landscape Front,Shape Regular
  • Pool: No
  • Property Condition: Updated/Remodeled
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached,Garage Facing Front
  • Driveway/Sidewalks: Paved Sidewalk

Utilities

  • Security: Carbon Mon Detector
  • Sewer: In & Connected
  • Utilities: All Public,Cable Available
  • Cooling: Central
  • Electric: 220 Volts,220 Volts in Laundry
  • Heating: Central
  • Laundry Features: In Garage
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: RD5
  • Lot Size Acres: 0.1700
  • Lot Size Sq Ft: 7405

Rental Info

  • Current Rent: 1350

Tax Info

  • Assessor Parcel Number: 050-0162-016-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 1, 2016
Sold by
Lee David W and Lee Christine C
Bought by
Lee David W and Lee Christine C
Current Estimated Value
$421,923

Purchase Details

Listed on
Jun 7, 2015
Closed on
Jul 21, 2015
Sold by
Xyz Homes Llc
Bought by
Lee Christine Chunhua and Lee David W
Seller's Agent
Tami Mellor
RE/MAX Gold Elk Grove
Buyer's Agent
Linda Hao
Keller Williams Realty
List Price
$190,000
Sold Price
$194,000
Premium/Discount to List
$4,000
2.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.91%
Original Mortgage
$145,500
Outstanding Balance
$114,553
Interest Rate
3.98%
Mortgage Type
New Conventional
Estimated Equity
$303,142

Purchase Details

Closed on
Oct 29, 2008
Sold by
Liu Yao Yu
Bought by
Xyz Homes Llc

Purchase Details

Closed on
Sep 11, 2008
Sold by
Deutsche Bank National Trust Company Ame
Bought by
Liu Yao Yu

Purchase Details

Closed on
Jun 9, 2008
Sold by
Rainwater Samuel A and Rainwater Angela M
Bought by
Deutsche Bank Trust Co Americas and Saxon Mortgage Services Inc

Purchase Details

Closed on
Jul 8, 1998
Sold by
Martin Richard
Bought by
Rainwater Samuel A and Rainwater Angela M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,352
Interest Rate
7%
Mortgage Type
FHA
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
Lee David W -- None Available
Lee Christine Chunhua $194,000 North American Title Co Inc
Xyz Homes Llc $91,000 None Available
Liu Yao Yu $91,000 Chicago Title Company
Deutsche Bank Trust Co Americas $233,268 None Available
Rainwater Samuel A $78,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Christine Chunhua $145,500
Previous Owner Rainwater Samuel A $15,436
Previous Owner Rainwater Samuel A $264,000
Previous Owner Rainwater Samuel A $187,850
Previous Owner Rainwater Samuel A $144,000
Previous Owner Rainwater Samuel A $112,000
Previous Owner Rainwater Samuel A $18,850
Previous Owner Rainwater Samuel A $77,352
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2015 07/29/15 Sold $194,000 +2.1% $133 / Sq Ft
06/19/2015 06/19/15 Pending -- -- --
06/06/2015 06/06/15 For Sale $190,000 -- $130 / 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 $2,756 $229,648 $56,818 $172,830
2024 $2,756 $225,146 $55,704 $169,442
2023 $2,686 $220,732 $54,612 $166,120
2022 $2,657 $216,405 $53,542 $162,863
2021 $2,526 $212,163 $52,493 $159,670
2020 $2,545 $209,988 $51,955 $158,033
2019 $2,492 $205,872 $50,937 $154,935
2018 $2,428 $201,837 $49,939 $151,898
2017 $2,393 $197,880 $48,960 $148,920
2016 $2,318 $194,000 $48,000 $146,000
2015 $1,211 $97,500 $23,570 $73,930
2014 $1,186 $95,591 $23,109 $72,482
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 15036510

MetroList

APN: 050-0162-016