NOT LISTED FOR SALE

4988 Martin Luther King jr Blvd Sacramento, CA 95820

South Oak Park Neighborhood

Estimated Value: $246,000 - $401,000

3 Beds
2 Baths
1,400 Sq Ft
$250/Sq Ft Est. Value

Last Sold December 24, 2015

Last sale price $167,000 $119 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $2,065/month

14 Days on Market

Highlights

  • Corner Lot
  • 2 Car Attached Garage
  • Central Heating
  • No HOA
  • Double Pane Windows
  • 1-Story Property

About This Home

As of December 2015

Fantastic 3 bedroom and 2 bath. Complete remodel with new kitchen, baths, new laminate, tile, carpet, new fixtures, paint inside and out. New cabinets with quartz counter top in kitchen. Dual pane windows, ceiling fans, 2 car oversized garage.

Last Agent to Sell the Property

Steve Pop

Windermere Signature Properties Downtown License #01080435 Listed on: 12/01/2015

Windermere Signature Properties Downtown

Last Buyer's Agent

Julia Chang

Sunny Realty & Management Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,472

Year Built

  • Built in 1942 | Remodeled

Lot Details

  • 6,098 Sq Ft Lot
  • Corner Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 1,400 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Laundry in unit

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 022-0093-018-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,472

Year Built

Built in 1942 | 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: 1942
  • Stories: 1
  • Remodeled/Updated Desc: Bath 0-5YR,Kitchen 0-5YR
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet,Laminate,Tile
  • Bathroom Features: Tile,Tub,Window,See Remarks
  • Bathrooms: 2.00
  • Dining Room Features: Breakfast Nook,Dining/Family Combo,Space in Kitchen
  • Room Type: Baths Other
  • Price Per Square Foot: 119.29
  • Square Footage: 1400
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Frame,Stucco,See Remarks
  • Disclosures/Documents: CC&Rs
  • Foundation: Raised
  • Listing Price: 174900.00
  • Lot Features: Corner
  • 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,See Remarks
  • Cooling: Ceiling Fan(s),Central
  • Heating: Central
  • Laundry Features: Inside Area
  • Water Source: Public,See Remarks

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: RES
  • Irrigation: None
  • Lot Size Acres: 0.1400
  • Lot Size Sq Ft: 6098

Tax Info

  • Assessor Parcel Number: 022-0093-018-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2017
Sold by
Li Huanlei
Bought by
Li Huanlei and Zhang Yao
Current Estimated Value
$349,374

Purchase Details

Closed on
Jan 14, 2017
Sold by
Li Huanlei
Bought by
Li Huanlei and Zhang Yao

Purchase Details

Listed on
Dec 1, 2015
Closed on
Dec 22, 2015
Sold by
Yao Zhang
Bought by
Li Huanlei
Seller's Agent
Steve Pop
Windermere Signature Properties Downtown
Buyer's Agent
Julia Chang
Sunny Realty & Management Inc
List Price
$174,900
Sold Price
$167,000
Premium/Discount to List
-$7,900
-4.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.82%

Purchase Details

Listed on
Dec 1, 2015
Closed on
Dec 16, 2015
Sold by
Sacramento Housing Opportunity Fund Llc
Bought by
Li Huanlei
Seller's Agent
Steve Pop
Windermere Signature Properties Downtown
Buyer's Agent
Julia Chang
Sunny Realty & Management Inc
List Price
$174,900
Sold Price
$167,000
Premium/Discount to List
-$7,900
-4.52%

Purchase Details

Closed on
Sep 1, 2011
Sold by
Bank Of America Na
Bought by
Sacramento Housing Opportunity Fund Llc

Purchase Details

Closed on
May 11, 2011
Sold by
Garcia Carla L
Bought by
Bac Home Loans Servicing Lp and Countrywide Home Loans Servicing Lp

Purchase Details

Closed on
May 2, 2007
Sold by
Garcia David
Bought by
Garcia Carla L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
7.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2007
Sold by
Garcia David
Bought by
Garcia Carla L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,000
Interest Rate
6.21%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 9, 2007
Sold by
Wells Fargo Bank Na
Bought by
Garcia Carla L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,000
Interest Rate
6.21%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 13, 2006
Sold by
Rodriguez Juana
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Dec 21, 2005
Sold by
Taj Mahal Enterprises Llc
Bought by
Rodriguez Juana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
6.27%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 12, 2005
Sold by
Mahal Santokh S
Bought by
Taj Mahal Enterprises Llc

Purchase Details

Closed on
Feb 14, 2005
Sold by
Vanburen Shawn
Bought by
Vanburen Kristina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 11, 2005
Sold by
Taj Mahal Enterprises Llc
Bought by
Mahal Santokh S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 11, 2003
Sold by
Rms Properties Llc
Bought by
Taj Mahal Enterprises Llc

Purchase Details

Closed on
Apr 9, 2002
Sold by
Rms Properties Llc
Bought by
Taj Mahal Enterprises Llc

Purchase Details

Closed on
Aug 21, 2000
Sold by
Costantino Glenn R and Vanburen Kristina
Bought by
Rms Properties Llc

Purchase Details

Closed on
Mar 14, 2000
Sold by
Rms Properties Llc
Bought by
Costantino Glenn R and Vanburen Kristina

Purchase Details

Closed on
Oct 18, 1999
Sold by
Washington Mutual Bank Fa
Bought by
Rms Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,500
Interest Rate
7.75%

Purchase Details

Closed on
Aug 26, 1999
Sold by
Xia Chac Luc A and Xia Hai
Bought by
Washington Mutual Bank Fa and Home Svgs Of America Fsb

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,500
Interest Rate
7.75%

Purchase Details

Closed on
Apr 26, 1995
Sold by
Chac Hai Xia
Bought by
Chac Luc A
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
Li Huanlei -- None Available
Li Huanlei -- None Available
Li Huanlei -- Stewart Sac
Li Huanlei $169,000 Stewart Sac
Sacramento Housing Opportunity Fund Llc $57,000 Landsafe Title
Bac Home Loans Servicing Lp $54,000 Landsafe Title
Garcia Carla L -- Ticor Title Company Of Ca
Garcia Carla L -- Ltc
Garcia Carla L $245,000 Ltc
Wells Fargo Bank Na $211,200 None Available
Rodriguez Juana $315,000 Financial Title Company
Rodriguez Juana -- Financial Title Company
Taj Mahal Enterprises Llc -- Financial Title Company
Vanburen Kristina -- Financial Title Company
Mahal Santokh S -- Financial Title Company
Taj Mahal Enterprises Llc -- --
Taj Mahal Enterprises Llc -- --
Rms Properties Llc -- --
Costantino Glenn R -- --
Rms Properties Llc $25,500 Old Republic Title Company
Washington Mutual Bank Fa $37,640 Chicago Title Co
Chac Luc A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garcia Carla L $245,000
Previous Owner Garcia Carla L $49,000
Previous Owner Garcia Carla L $196,000
Previous Owner Rodriguez Juana $63,000
Previous Owner Rodriguez Juana $252,000
Previous Owner Mahal Santokh S $234,000
Previous Owner Rms Properties Llc $42,500
Closed Rms Properties Llc $24,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/24/2015 12/24/15 Sold $167,000 -4.5% $119 / Sq Ft
12/14/2015 12/14/15 Pending -- -- --
11/30/2015 11/30/15 For Sale $174,900 -- $125 / 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 $2,472 $200,054 $68,064 $131,990
2024 $2,472 $196,132 $66,730 $129,402
2023 $2,414 $192,287 $65,422 $126,865
2022 $2,372 $188,518 $64,140 $124,378
2021 $2,262 $184,823 $62,883 $121,940
2020 $2,277 $182,929 $62,239 $120,690
2019 $2,230 $179,343 $61,019 $118,324
2018 $2,172 $175,827 $59,823 $116,004
2017 $2,141 $172,380 $58,650 $113,730
2016 $2,056 $169,000 $57,500 $111,500
2015 $803 $59,569 $34,278 $25,291
2014 $784 $58,403 $33,607 $24,796
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 15075254

MetroList

APN: 022-0093-018