NOT LISTED FOR SALE

5040 Martin Luther King jr Blvd Sacramento, CA 95820

South Oak Park Neighborhood

Estimated Value: $304,000 - $344,874

3 Beds
1 Bath
1,013 Sq Ft
$327/Sq Ft Est. Value

Last Sold December 16, 2013

Last sale price $50,000 $49 Per Sq Ft

Est. 562% increase in value since last sale

Current estimated payment $1,858/month

73 Days on Market

Highlights

  • No HOA
  • Bathtub with Shower
  • 1-Story Property
  • Double Pane Windows
  • Central Heating and Cooling System

About This Home

As of December 2013

Three bedroom, 1 bath fixer on huge lot.

Last Agent to Sell the Property

Elsa Morlet

RE/MAX Gold Elk Grove License #01382702 Listed on: 10/17/2012

RE/MAX Gold Elk Grove

Last Buyer's Agent

Victor Belfield

All State Homes License #01198279

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,217

Year Built

  • Built in 1938

Lot Details

  • 9,583

Parking

  • 1 Car Garage

Home Design

  • Fixer Upper
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 1,013 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Laundry in unit

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Additional Features

  • 9,583 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 022-0094-018-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,217

Year Built

Built in 1938

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Subtype Description: Detached
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: Unknown
  • Year Built: 1938
  • Stories: 1
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Flooring: Wood,Linoleum/Vinyl
  • Bathroom Features: Tub w/Shower Over
  • Bathrooms: 1.00
  • Dining Room Features: Space in Kitchen
  • Room Type: Baths Other
  • Price Per Square Foot: 49.36
  • Square Footage: 1013
  • Window Features: Dual Pane Partial

Exterior Features

  • Construction Materials: Frame,Wood
  • Foundation: Raised
  • Listing Price: 33300.00
  • Lot Features: Street Lights,Public Trans Nearby
  • Pool: No
  • Property Condition: Fixer
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Detached
  • Driveway/Sidewalks: Sidewalk/Curb/Gutter

Utilities

  • Sewer: In & Connected
  • Utilities: All Public
  • Cooling: Central
  • Heating: Central
  • Laundry Features: Inside Area
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: R-1
  • Lot Size Acres: 0.2200
  • Lot Dimensions: 00x00
  • Lot Size Sq Ft: 9583

Tax Info

  • Assessor Parcel Number: 022-0094-018-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 19, 2017
Sold by
Owens Raymond
Bought by
Owens Raymond Patrick and Owens Alicia Faye
Current Estimated Value
$330,969

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
4.16%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Oct 17, 2012
Closed on
Dec 3, 2013
Sold by
Solorio Maria Isabel and Rodriguez Ricardo
Bought by
Owens Raymond
Seller's Agent
Elsa Morlet
RE/MAX Gold Elk Grove
Buyer's Agent
Victor Belfield
All State Homes
List Price
$38,500
Sold Price
$50,000
Premium/Discount to List
$11,500
29.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.33%

Purchase Details

Closed on
Sep 28, 2005
Sold by
Solorio Juan R and Solorio Maria Isabel
Bought by
Solorio Maria Isabel and Rodriguez Ricardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 15, 2004
Sold by
Solorio Juan R
Bought by
Solorio Juan R and Solorio Maria I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 2, 2004
Sold by
Solorio Veronica
Bought by
Solorio Juan R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 6, 1995
Sold by
Gisler Mary and Gisler Family Trust
Bought by
Solorio Juan R and Solorio Veronica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,969
Interest Rate
7.83%
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
Owens Raymond Patrick -- Pacific Coast Title Company
Owens Raymond $50,000 Chicago Title Company
Solorio Maria Isabel -- Commerce Title Company
Solorio Juan R -- --
Solorio Juan R -- Old Republic Title Company
Solorio Juan R -- Old Republic Title Company
Solorio Juan R $60,000 Stewart Title
Solorio Ignacio A -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Owens Raymond Patrick $50,000
Open Owens Raymond Patrick $190,000
Previous Owner Owens Raymond Patrick $96,000
Previous Owner Mbk Homes Northern California Ltd $48,900,000
Previous Owner Solorio Maria Isabel $150,000
Previous Owner Solorio Juan R $90,000
Previous Owner Solorio Ignacio A $59,969
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2013 12/16/13 Sold $50,000 +29.9% $49 / Sq Ft
12/29/2012 12/29/12 Pending -- -- --
10/17/2012 10/17/12 For Sale $38,500 -- $38 / 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 $1,217 $197,519 $30,641 $166,878
2024 $1,217 $76,000 $30,041 $45,959
2023 $2,429 $74,510 $29,452 $45,058
2022 $1,044 $73,050 $28,875 $44,175
2021 $828 $56,618 $28,309 $28,309
2020 $829 $56,038 $28,019 $28,019
2019 $1,633 $54,940 $27,470 $27,470
2018 $792 $53,864 $26,932 $26,932
2017 $780 $52,808 $26,404 $26,404
2016 $24,236 $51,774 $25,887 $25,887
2015 $874 $50,998 $25,499 $25,499
2014 $1,974 $50,000 $25,000 $25,000
Source: Public Records

Agents Affiliated with this Home

  • Elsa Morlet

    Seller's Agent in 2013

    Elsa Morlet

    RE/MAX

    (916) 804-1961

    13 Total Sales

    Elsa Morlet
    Section Image

  • V

    Buyer's Agent in 2013

    Victor Belfield

    All State Homes

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Map

Source: MetroList

MLS Number: 12063115

MetroList

APN: 022-0094-018

California Sacramento County Sacramento 95820 South Oak Park

5040 Martin Luther King jr Blvd, Sacramento, CA

This home is located at 5040 Martin Luther King jr Blvd, Sacramento, CA 95820 since 17 October 2012 and is currently estimated at $330,969, approximately $326 per square foot. This property was built in 1938. 5040 Martin Luther King jr Blvd is a home located in Sacramento County with nearby schools including Oak Ridge Elementary School, California Middle, and C. K. McClatchy High.

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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