NOT LISTED FOR SALE

5023 Luke Way Fair Oaks, CA 95628

Estimated Value: $783,000 - $1,040,000

5 Beds
4 Baths
3,253 Sq Ft
$297/Sq Ft Est. Value

Last Sold September 30, 2019

Last sale price $729,900 $224 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $5,900/month

25 Days on Market

Highlights

  • Private Pool
  • 3 Fireplaces
  • Double Pane Windows
  • Bella Vista High School Rated A-
  • No HOA
  • Patio

About This Home

As of September 2019

Gorgeous single story custom home tucked away in a highly desirable Fair Oaks neighborhood! Beautiful living areas, vaulted ceilings, spacious family room, formal dining and a dedicated office/den with wet bar and one of three fireplaces. The remote in-law/guest wing features a spacious bedroom, bath and secluded living space while the private master suite offers a sitting area and backyard access along with a fully remodeled contemporary en-suite. An open and bright kitchen with a family/dining area that views both front and backyard gardens complete the serenity of the home. The rear yard features a dark bottom pool, multiple patios, relaxing gazebo and raised garden beds, all surrounded by the calming effect of the manicured landscaping and the privacy of mature trees. Located just minutes from Fair Oaks Village and American River recreations areas - a rare find!

Last Agent to Sell the Property

Nikki Lausmann

Re/Max Gold Fair Oaks License #01255989 Listed on: 08/06/2019

Co-Listed By

Sue Wells

RE/MAX Gold License #01117596

Last Buyer's Agent

Eric Wiese

HomeSmart ICARE Realty License #01484070

HomeSmart ICARE Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,533

Year Built

  • Built in 1977 | Remodeled

Lot Details

  • 0.42 Acre Lot
  • East Facing Home
  • Back Yard Fenced
  • Zoning described as RD-2

Parking

  • 2 Car Garage

Home Design

  • Tile Roof

Interior Spaces

  • 3,253 Sq Ft Home
  • 1-Story Property
  • 3 Fireplaces
  • Double Pane Windows
  • Security System Owned
  • 220 Volts In Laundry

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Private Pool
  • Patio

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 253-0300-004-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,533

Year Built

Built in 1977 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Subtype Description: Detached,Custom
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: Yes
  • Year Built: 1977
  • Architectural Style: Contemporary,Ranch
  • Stories: 1
  • Remodeled/Updated Desc: Bath 0-5YR,Kitchen 0-5YR
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Electric Oven,Dishwasher,Disposal,Double Oven,Free Standing Refrigerator,Gas Cook Top,Plumbed For Ice Maker
  • Fireplace Features: Circulating,Family Room,Gas Log,Kitchen
  • Fireplaces: 3
  • Flooring: Carpet,Tile,Wood
  • Master Bathroom Features: Double Sinks,Shower Stall(s),Stone,Window
  • Master Bedroom Features: Closet,Outside Access,Sitting Area
  • Bathroom Features: Double Sinks,Stone,Tile,Tub w/Shower Over
  • Bathrooms: 4.00
  • Dining Room Features: Formal Room,Space in Kitchen
  • Kitchen Features: Synthetic Counter,Island w/Sink,Pantry Cabinet
  • Room Type: Baths Other,Bonus Room,Den,Family Room,Guest Quarters,Master Bathroom,Master Bedroom
  • Price Per Square Foot: 224.38
  • Square Footage: 3253
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Brick,Frame,Lap Siding,Stucco
  • Property Faces: East
  • Disclosures/Documents: CC&Rs
  • Fencing: Back Yard
  • Foundation: Raised,Slab
  • Listing Price: 729000.00
  • Lot Features: Auto Sprinkler F&R,Curb(s)/Gutter(s),Landscape Back,Landscape Front,Shape Regular,Street Lights
  • Patio And Porch Features: Uncovered Patio
  • Pool Features: Built-In,Gunite Construction,On Lot,Pool/Spa Combo
  • Pool: Yes
  • Property Condition: Updated/Remodeled
  • Road Surface Type: Paved
  • Roof: Tile

Garage/Parking

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

Utilities

  • Security: Security System Owned
  • Sewer: In & Connected
  • Utilities: All Public,Natural Gas Connected
  • Cooling: Ceiling Fan(s),Central,MultiZone,Whole House Fan
  • Electric: 220 Volts in Laundry
  • Heating: Central,Heat Pump,MultiUnits,MultiZone,Natural Gas
  • Laundry Features: Cabinets,Inside Room
  • Water Source: Meter on Site

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: San Juan Unified

Lot Info

  • Zoning Description: RD-2
  • Irrigation: None
  • Lot Size Acres: 0.4200
  • Lot Size Sq Ft: 18295

Tax Info

  • Assessor Parcel Number: 253-0300-004-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 17, 2021
Sold by
Solomon Daniel
Bought by
Solomon Daniel and Solomon Lauren
Current Estimated Value
$966,925

Purchase Details

Listed on
Aug 6, 2019
Closed on
Sep 27, 2019
Sold by
Soloman Lauren
Bought by
Solomon Daniel
Seller's Agent
Nikki Lausmann
Re/Max Gold Fair Oaks
Buyer's Agent
Eric Wiese
HomeSmart ICARE Realty
List Price
$729,000
Sold Price
$729,900
Premium/Discount to List
$900
0.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.96%
Original Mortgage
$479,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 6, 2019
Closed on
Sep 26, 2019
Sold by
Klopsch Melinda C and Klopsch Revocable Trust
Bought by
Solomon Daniel
Seller's Agent
Nikki Lausmann
Re/Max Gold Fair Oaks
Buyer's Agent
Eric Wiese
HomeSmart ICARE Realty
List Price
$729,000
Sold Price
$729,900
Premium/Discount to List
$900
0.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$479,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2007
Sold by
Mersereau Richard C and Mersereau Lori M
Bought by
Klopsch Karl F and Klopsch Melinda C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 13, 2003
Sold by
Roos Leo and Roos Sonya
Bought by
Mersereau Richard C and Mersereau Lori M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,000
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 26, 1999
Sold by
Branning Linda
Bought by
Mersereau Richard C and Mersereau Lori M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
6.86%

Purchase Details

Closed on
Jan 25, 1999
Sold by
Branning Matthew David and Branning Ian Marc
Bought by
Branning Linda J

Purchase Details

Closed on
Oct 14, 1998
Sold by
Branning Linda and Branning Elliot R
Bought by
Branning Matthew David and Branning Ian Marc
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
Solomon Daniel -- None Available
Solomon Daniel -- Chicago Title Company
Solomon Daniel $730,000 Chicago Title Company
Klopsch Karl F $620,000 Chicago Title Company
Mersereau Richard C $241,000 Commerce Title
Mersereau Richard C $355,000 Stewart Title
Branning Linda J -- Stewart Title
Branning Matthew David -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Solomon Daniel $479,000
Previous Owner Klopsch Karl F $417,000
Previous Owner Mersereau Richard C $241,000
Previous Owner Mersereau Richard C $284,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2019 09/30/19 Sold $729,900 +0.1% $224 / Sq Ft
08/31/2019 08/31/19 Pending -- -- --
08/27/2019 08/27/19 For Sale $729,000 0.0% $224 / Sq Ft
08/12/2019 08/12/19 Pending -- -- --
08/06/2019 08/06/19 For Sale $729,000 -- $224 / 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 $9,533 $798,247 $196,854 $601,393
2024 $9,533 $782,596 $192,995 $589,601
2023 $9,247 $767,252 $189,211 $578,041
2022 $9,212 $752,208 $185,501 $566,707
2021 $9,040 $737,460 $181,864 $555,596
2020 $8,910 $729,900 $180,000 $549,900
2019 $8,859 $730,038 $264,932 $465,106
2018 $8,663 $715,725 $259,738 $455,987
2017 $8,576 $701,693 $254,646 $447,047
2016 $8,010 $687,935 $249,653 $438,282
2015 $7,872 $677,602 $245,903 $431,699
2014 $7,706 $664,330 $241,087 $423,243
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2019

    Nikki Lausmann

    RE/MAX

    Section Image

  • S

    Seller Co-Listing Agent in 2019

    Sue Wells

    RE/MAX

    Section Image

  • E

    Buyer's Agent in 2019

    Eric Wiese

    HomeSmart ICARE Realty

    Section Image
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Map

Source: MetroList

MLS Number: 19055318

MetroList

APN: 253-0300-004

California Sacramento County Fair Oaks 95628

5023 Luke Way, Fair Oaks, CA

This home is located at 5023 Luke Way, Fair Oaks, CA 95628 since 06 August 2019 and is currently estimated at $966,925, approximately $297 per square foot. This property was built in 1977. 5023 Luke Way is a home located in Sacramento County with nearby schools including Earl Legette Elementary School, Andrew Carnegie Middle School, and Bella Vista High 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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