NOT LISTED FOR SALE

4961 Olive Oak Way Carmichael, CA 95608

Camino Neighborhood

Estimated Value: $800,000 - $841,772

4 Beds
3 Baths
2,235 Sq Ft
$365/Sq Ft Est. Value

Last Sold August 13, 2021

Last sale price $745,000 $333 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $5,192/month

6 Days on Market

Highlights

  • In Ground Pool
  • Engineered Wood Flooring
  • 2 Fireplaces
  • Rio Americano High School Rated A-
  • Cathedral Ceiling
  • Window or Skylight in Bathroom

About This Home

As of August 2021

Incredibly desirable Maddox Ranch. The beautiful 4 bed / 3 Bath, 2,235sq/ft home has amazing curb appeal and comes with an abundance of upgrades including a remodeled master bathroom, plantation shutters, HVAC (installed last year), new water heater (installed 4 months ago), two gas fireplace inserts, additional attic insulation and much more. Enjoy entertaining in the large backyard with a beautiful pool, large storage shed to store your toys, remote sunshade, new fencing, avocado trees, lemon trees, orange trees and plenty of room to spread out and spend time with friends and family. The office in the back yard has power and an AC unit. Close to great shopping, restaurants and the American River Parkway. Don't miss this opportunity to own this incredible home!

Last Agent to Sell the Property

Stephen Grimes

RE/MAX Gold Midtown License #01939821 Listed on: 07/22/2021

RE/MAX Gold Midtown

Last Buyer's Agent

Molly Lukenbill-Elorduy

Coldwell Banker Realty License #01968152

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,300

Year Built

  • Built in 1978

Lot Details

  • 8,276 Sq Ft Lot
  • Zoning described as RD-5

Parking

  • 2 Car Garage
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Tile Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,235 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Self Contained Fireplace Unit Or Insert
  • Gas Log Fireplace
  • Awning
  • Family Room
  • Living Room
  • Formal Dining Room
  • Engineered Wood Flooring
  • Free-Standing Gas Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms
  • Window or Skylight in Bathroom

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • In Ground Pool
  • Patio
  • Front Porch

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • Natural Gas Connected
  • Property is located within a water district

Community Details

  • No Home Owners Association
  • Maddox Ranch 02 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 282-0370-027-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,300

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Subtype Description: Detached
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: Unknown
  • Stories: 2
  • Year Built: 1978
  • Architectural Style: Other
  • Subdivision: Maddox Ranch 02
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Free Standing Gas Range, Gas Plumbed
  • Fireplace Features: Insert, Gas Log, Gas Piped
  • Fireplaces: 2
  • Flooring: Simulated Wood
  • Bathroom Features: Window
  • Bathrooms: 3.00
  • Dining Room Features: Formal Area
  • Kitchen Features: Other Counter
  • Living Room Features: Cathedral/Vaulted
  • Room Type: Master Bathroom, Master Bedroom, Dining Room, Family Room, Kitchen, Living Room
  • Main Level: Bedroom(s),Living Room,Dining Room,Family Room,Full Bath(s),Garage,Kitchen,Street Entrance
  • Price Per Square Foot: 333.33
  • Square Footage: 2235

Exterior Features

  • Construction Materials: Wood, Wood Siding
  • Foundation: ConcretePerimeter
  • Horse Property: No
  • Listing Price: 735000.00
  • Lot Features: Curb(s)/Gutter(s)
  • Patio And Porch Features: Awning, Front Porch, Uncovered Patio
  • Pool Features: Built-In
  • Pool: Yes
  • Road Surface Type: Asphalt, Paved
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Garage Door Opener, Garage Facing Front

Utilities

  • Security: Carbon Mon Detector, Smoke Detector
  • Sewer: Sewer Connected
  • Utilities: Natural Gas Connected
  • Cooling: Ceiling Fan(s), Central
  • Electric: 220 Volts
  • Heating: Central
  • Laundry Features: Cabinets
  • Water Source: Water District, Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Schools

  • Senior High School District: San Juan Unified

Lot Info

  • Zoning Description: RD-5
  • Irrigation: Public District
  • Lot Size Acres: 0.1900
  • Lot Size Sq Ft: 8276

Tax Info

  • Assessor Parcel Number: 282-0370-027-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2021
Closed on
Aug 12, 2021
Sold by
Hill Bryan Lee and Hill Brooke Marie
Bought by
Clough Brian T and Clough Sarah A
Seller's Agent
Stephen Grimes
RE/MAX Gold Midtown
Buyer's Agent
Molly Lukenbill-Elorduy
Coldwell Banker Realty
List Price
$735,000
Sold Price
$745,000
Premium/Discount to List
$10,000
1.36%
Current Estimated Value
$799,714

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,714
Avg. Annual Appreciation
2.33%
Original Mortgage
$445,000
Outstanding Balance
$406,385
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$410,058

Purchase Details

Closed on
Dec 21, 2017
Sold by
Hill Bryan Lee and Hill Brooke Marie
Bought by
Hill Bryan Lee and Hill Brooke Marie

Purchase Details

Listed on
Mar 19, 2014
Closed on
May 30, 2014
Sold by
Armlin Frederick C and Armlin Patricia A
Bought by
Hill Bryan L and Hill Brooke M
Seller's Agent
Thomas Phillips
Coldwell Banker Realty
Buyer's Agent
Terence O'Callaghan
Nick Sadek Sotheby's International Realty
List Price
$495,000
Sold Price
$465,000
Premium/Discount to List
-$30,000
-6.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.16%
Original Mortgage
$348,750
Interest Rate
4.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2003
Sold by
El Ajou Suhail J
Bought by
Armlin Frederick C and Armlin Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 6, 1997
Sold by
Elajou Suhail J
Bought by
Elajou Suhail J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
4.95%

Purchase Details

Closed on
Feb 4, 1993
Sold by
Elajou Said J
Bought by
Elajou Suhail J
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
Clough Brian T $745,000 Placer Title Company
Hill Bryan Lee -- None Available
Hill Bryan Lee -- None Available
Hill Bryan L $465,000 Stewart Title
Armlin Frederick C $412,500 Financial Title Company
Elajou Suhail J -- Placer Title Company
Elajou Suhail J $230,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clough Brian T $445,000
Previous Owner Hill Bryan L $62,900
Previous Owner Hill Bryan L $337,100
Previous Owner Hill Bryan L $348,750
Previous Owner Armlin Frederick C $294,100
Previous Owner Armlin Patricia A $100,000
Previous Owner Armlin Frederick C $325,000
Previous Owner Armlin Frederick C $50,000
Previous Owner Armlin Frederick C $322,700
Previous Owner Elajou Suhail J $40,000
Previous Owner Elajou Suhail J $149,500
Previous Owner Elajou Suhail J $30,000
Previous Owner Elajou Suhail J $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2021 08/13/21 Sold $745,000 +1.4% $333 / Sq Ft
07/28/2021 07/28/21 Pending -- -- --
07/22/2021 07/22/21 For Sale $735,000 +58.1% $329 / Sq Ft
06/06/2014 06/06/14 Sold $465,000 -6.1% $208 / Sq Ft
04/28/2014 04/28/14 Pending -- -- --
03/09/2014 03/09/14 For Sale $495,000 -- $221 / 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 $9,300 $790,599 $148,569 $642,030
2024 $9,300 $775,098 $145,656 $629,442
2023 $9,063 $759,900 $142,800 $617,100
2022 $9,013 $745,000 $140,000 $605,000
2021 $6,390 $526,608 $158,547 $368,061
2020 $6,271 $521,209 $156,922 $364,287
2019 $6,144 $510,991 $153,846 $357,145
2018 $6,065 $500,973 $150,830 $350,143
2017 $6,012 $491,151 $147,873 $343,278
2016 $5,616 $481,522 $144,974 $336,548
2015 $5,519 $474,290 $142,797 $331,493
2014 $4,728 $407,000 $176,000 $231,000
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Stephen Grimes

    RE/MAX

    Section Image
  • Molly Lukenbill-Elorduy

    Buyer's Agent in 2021

    Molly Lukenbill-Elorduy

    Coldwell Banker Realty

    (916) 826-1690

    4 in this area

    42 Total Sales

    Section Image
  • Gayla Rios

    Buyer Co-Listing Agent in 2021

    Gayla Rios

    Coldwell Banker Realty

    (916) 447-5900

    4 in this area

    33 Total Sales

    Section Image
  • Thomas Phillips

    Seller's Agent in 2014

    Thomas Phillips

    Coldwell Banker Realty

    (916) 799-4571

    16 in this area

    175 Total Sales

    Section Image

  • T

    Buyer's Agent in 2014

    Terence O'Callaghan

    Nick Sadek Sotheby's International Realty

    Section Image
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Map

Source: MetroList

MLS Number: 221089654

MetroList

APN: 282-0370-027

California Sacramento County Carmichael 95608 Camino

4961 Olive Oak Way, Carmichael, CA

This home is located at 4961 Olive Oak Way, Carmichael, CA 95608 since 22 July 2021 and is currently estimated at $816,443, approximately $365 per square foot. This property was built in 1978. 4961 Olive Oak 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.

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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