NOT LISTED FOR SALE

Estimated Value: $391,000 - $430,000

3 Beds
1 Bath
1,018 Sq Ft
$404/Sq Ft Est. Value

Sale Details

Date Sold: February 26, 2024

Last sale price $435,000 $427 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $2,622 / mo

7 Days on Market

Highlights

  • Wood Flooring
  • Granite Countertops
  • Front Porch
  • Great Room
  • No HOA
  • 4-minute walk to Earl Warren Park

About This Home

As of February 2024

This charming home is located in the sought-after Colonial Village subdivision of Sacramento and is perfect for a first time buyer or investor! Close proximity to Hwy 50 and the 99 make for a convenient commute to downtown or the Bay. Easy access to public transportation, 10 minutes to Sac State, and shopping complexes. Well-maintained 3 bed 1 bath home + 1 car garage. Tons of updates done within the last few years, including a brand new roof & gutter guards installed in 2023, and insulation and ducting repaired during this time as well. Bathroom has been tastefully remodeled within the last year with a new backsplash, new toilet + tub/shower, and new vanity. Original wood floors were refinished in 2019. New water heater (2021) and full garage door replacement + garage door opener (2020) round out the many improvements done to this home. One of the highlights of this property is its spacious backyard, perfect for outdoor gatherings, gardening, or creating your own private retreat. Appliances (including washer and dryer) can stay with property. Whether you're a first-time homebuyer, an investor, or looking to downsize, 5001 Lippitt Ln is the ideal place to call home!

Last Agent to Sell the Property

Matthew McNicholas

Future Homes and Real Estate License #02066945 Listed on: 01/31/2024

Co-Listed By

Sarah McNicholas

Future Homes and Real Estate License #02119234

Last Buyer's Agent

Michael Triglia

Grounded R.E. License #01493778

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1952 | Remodeled

Lot Details

  • 4,792 Sq Ft Lot
  • Wood Fence
  • Back Yard Fenced
  • Sprinklers on Timer
  • Few Trees

Parking

  • 1 Car Garage
  • 1 Open Parking Space
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Bungalow
  • Raised Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,018 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Double Pane Windows
  • Great Room
  • Living Room
  • Laundry in Garage

Kitchen

  • Free-Standing Gas Oven
  • Free-Standing Gas Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Front Porch

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • Natural Gas Connected
  • Water Heater
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Colonial Village Subdivision

Listing and Financial Details

  • Assessor Parcel Number 023-0182-013-0000

Home Details

Home Type

Single Family

Year Built

Built in 1952 | Remodeled

Lot Details

4,792 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential
  • Subtype Description: Detached
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: Yes
  • Stories: 1
  • Year Built: 1952
  • Architectural Style: Bungalow
  • Levels: One
  • Subdivision: Colonial Village
  • Remodeled/Updated Desc: Bath 0-5YR,Other-Rmks 0-5YR
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Free Standing Gas Oven, Free Standing Gas Range, Free Standing Refrigerator, Hood Over Range, Dishwasher, Disposal, Microwave
  • Fireplace Features: Living Room, Wood Burning
  • Fireplaces: 1
  • Flooring: Tile, Wood
  • Total Bathrooms: 1
  • Bathroom Features: Tub w/Shower Over,Window
  • Dining Room Features: Space in Kitchen
  • Kitchen Features: Granite Counter
  • Living Room Features: Great Room
  • Main Level: Bedroom(s),Family Room,Master Bedroom,Full Bath(s),Garage,Kitchen
  • Price Per Square Foot: 427.31
  • Square Footage: 1018.00
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Stucco, Frame, Wood
  • Disclosures/Documents: Seller Property Questionnaire, Disclosure Package Available, Transfer Disclosure Statement, Natural Hazard Disclosure Available, Preliminary Title Report
  • Fencing: Back Yard, Wood
  • Foundation: Raised
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 415000.00
  • Lot Features: Auto Sprinkler F&R
  • Patio And Porch Features: Front Porch, Uncovered Patio
  • Pool: No
  • Property Condition: Updated/Remodeled
  • Roof: Shingle, Composition
  • Spa: No
  • Topography: Trees Few

Garage/Parking

  • Open Parking Spaces: 1.00
  • Garage Spaces: 1.00
  • Parking Features: Covered, Garage Door Opener, Garage Facing Front
  • Driveway/Sidewalks: Paved Sidewalk,Paved Driveway

Utilities

  • Security: Carbon Mon Detector, Double Strapped Water Heater, Smoke Detector
  • Sewer: In & Connected, Public Sewer
  • Utilities: Electric, Internet Available, Natural Gas Connected
  • Cooling: Central
  • Electric: 220 Volts
  • Heating: Central
  • Laundry Features: In Garage
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: R-1
  • Irrigation: None
  • Lot Size Acres: 0.1100
  • Lot Size Sq Ft: 4792.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Assessor Parcel Number: 023-0182-013-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2024
Closed on
Feb 22, 2024
Sold by
Bought by
Seller's Agent
Matthew McNicholas
Future Homes and Real Estate
Buyer's Agent
Michael Triglia
Grounded R.E.
List Price
$415,000
Sold Price
$435,000
Premium/Discount to List
$20,000
4.82%
Views
44
Current Estimated Value
$411,671

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$23,329
Avg. Annual Appreciation
-2.31%
Original Mortgage
$326,250
Outstanding Balance
$319,257
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$92,414

Purchase Details

Listed on
Jun 20, 2019
Closed on
Jul 24, 2019
Sold by
Bought by
Seller's Agent
Myles McMahon
McMahon Phillips Real Estate Inc.
Buyer's Agent
Matthew McNicholas
Future Homes and Real Estate
List Price
$279,000
Sold Price
$293,000
Premium/Discount to List
$14,000
5.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.01%
Original Mortgage
$247,472
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 20, 2019
Closed on
Jun 11, 2019
Sold by
Bought by
Seller's Agent
Myles McMahon
McMahon Phillips Real Estate Inc.
Buyer's Agent
Matthew McNicholas
Future Homes and Real Estate
List Price
$279,000
Sold Price
$293,000
Premium/Discount to List
$14,000
5.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,472
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 30, 2015
Closed on
Jun 29, 2015
Sold by
Bought by
Seller's Agent
Lisa Sampson
Berkshire Hathaway HomeServices-Drysdale Properties
Buyer's Agent
Renee Nielson
Security Pacific Real Estate
List Price
$230,000
Sold Price
$220,000
Premium/Discount to List
-$10,000
-4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.26%
Original Mortgage
$209,000
Interest Rate
3.81%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$435,000 Placer Title
$293,000 Chicago Title Company
-- None Available
$220,000 First American Title Company
-- First American Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $326,250
Previous Owner $247,472
Previous Owner $209,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/26/2024 02/26/24 Sold $435,000 +4.8% $427 / Sq Ft
02/07/2024 02/07/24 Pending -- -- --
01/31/2024 01/31/24 For Sale $415,000 +41.6% $408 / Sq Ft
08/01/2019 08/01/19 Sold $293,000 +5.0% $288 / Sq Ft View Prior Sale
06/23/2019 06/23/19 Pending -- -- --
06/20/2019 06/20/19 For Sale $279,000 +26.8% $274 / Sq Ft
06/30/2015 06/30/15 Sold $220,000 -4.3% $216 / Sq Ft View Prior Sale
06/09/2015 06/09/15 Pending -- -- --
05/26/2015 05/26/15 For Sale $230,000 -- $226 / Sq Ft
Source: MetroList

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 224006165

MetroList

APN: 023-0182-013

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