NOT LISTED FOR SALE

5077 Cocoa Palm Way Fair Oaks, CA 95628

Estimated Value: $732,296 - $885,000

3 Beds
3.5 Baths
2,661 Sq Ft
$301/Sq Ft Est. Value

Last Sold March 28, 2017

Last sale price $525,000 $197 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $4,990/month

147 Days on Market

Highlights

  • Contemporary Architecture
  • 2 Fireplaces
  • Double Pane Windows
  • Bella Vista High School Rated A-
  • No HOA
  • Patio

About This Home

As of March 2017

Spectacular semi custom home in wonderful Fair Oaks neighborhood. 3 bedroom 3.5 baths on a huge 12197 SF lot. Outstanding curb appeal and dramatic street presence. 2 fireplaces, Wine cooler, bidet, 2 jetted tubs and shower combination. New carpet, and tile flooring in d/s bedroom. New custom tile/shower bath combo downstairs. SS appliances, and too much more to list everything here. Semi custom home perfect for the executive or professional. Seller will consider lease option or Seller financing.

Last Agent to Sell the Property

Michael Pezzi

The REO Real Estate Store License #01345947 Listed on: 10/27/2016

Last Buyer's Agent

Michael Pezzi

The REO Real Estate Store License #01345947 Listed on: 10/27/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,162

Year Built

  • Built in 1980 | Remodeled

Lot Details

  • 0.28 Acre Lot
  • East Facing Home
  • Back Yard Fenced

Parking

  • 1 Carport Space

Home Design

  • Contemporary Architecture
  • Split Level Home
  • Composition Roof

Interior Spaces

  • 2,661 Sq Ft Home
  • 1-Story Property
  • 2 Fireplaces
  • Double Pane Windows
  • Laundry in unit

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Separate Shower

Additional Features

  • Patio
  • Central Heating

Community Details

  • No Home Owners Association
  • Crestwood Estates Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 249-0242-005-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,162

Year Built

Built in 1980 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Subtype Description: Detached,Semi-Custom
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: Yes
  • Year Built: 1980
  • Architectural Style: Contemporary
  • Levels: MultiSplit
  • Stories: 1
  • Subdivision: Crestwood Estates
  • Remodeled/Updated Desc: Bath 0-5YR,Kitchen 0-5YR,Other-Rmks 0-5YR
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Compactor,Disposal,Gas Plumbed
  • Interior Amenities: Skylight(s),Wet Bar
  • Fireplace Features: Family Room,Gas Piped,Living Room
  • Fireplaces: 2
  • Flooring: Carpet,Laminate,Tile
  • Possible Bedrooms: 4
  • Master Bathroom Features: Shower Stall(s)
  • Master Bedroom Features: Ground Floor
  • MasterBedroomDimensions Dim: 19x17
  • Bathroom Features: Double Sinks,Jetted Tub,Sunken Tub
  • Bathrooms: 4.00
  • Dining Room Features: Dining Bar,Formal Area,Space in Kitchen
  • Kitchen Features: Granite Counter,Pantry Cabinet
  • Room Type: Baths Other,Bonus Room,Converted Garage,Dining Room,Living Room,Master Bathroom,Master Bedroom,Downstairs Bedroom
  • Price Per Square Foot: 197.29
  • Square Footage: 2661
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Frame,Stucco
  • Property Faces: East
  • Disclosures/Documents: CC&Rs
  • Fencing: Back Yard
  • Foundation: Raised,Slab
  • Home Warranty: Yes
  • Horse Property: No
  • Listing Price: 549900.00
  • Lot Features: Landscape Front,Street Lights
  • Patio And Porch Features: Uncovered Patio
  • Pool: No
  • Property Condition: Updated/Remodeled
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Carport Spaces: 1
  • Parking Features: Converted Garage,No Garage,Uncovered Parking Spaces 2+
  • Driveway/Sidewalks: Sidewalk/Curb/Gutter

Utilities

  • Sewer: In & Connected
  • Utilities: All Public,Cable Available,Natural Gas Connected
  • Cooling: Ceiling Fan(s),Central
  • Electric: 220 Volts,220 Volts in Laundry
  • Heating: Central
  • Laundry Features: Inside Area
  • Water Source: Meter on Site,Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: San Juan Unified

Lot Info

  • Zoning Description: Residentia
  • Irrigation: None
  • Lot Size Acres: 0.2800
  • Lot Dimensions: xxxx
  • Lot Size Sq Ft: 12197

Tax Info

  • Assessor Parcel Number: 249-0242-005-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2016
Closed on
May 22, 2017
Sold by
Metro Capital Investment Group Inc
Bought by
Ira Services Trust Co and Jiri Strnad Ira17280
Seller's Agent
Michael Pezzi
The REO Real Estate Store
Buyer's Agent
Michael Pezzi
The REO Real Estate Store
List Price
$529,900
Sold Price
$525,000
Premium/Discount to List
-$4,900
-0.92%
Total Days on Market
147
Current Estimated Value
$801,324

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$276,324
Avg. Annual Appreciation
5.28%

Purchase Details

Listed on
Aug 24, 2015
Closed on
Dec 15, 2015
Sold by
Rubal Lisa A and Trobaugh Lisa A
Bought by
Metro Capital Investment Group Inc
Seller's Agent
Patrick M O'Hare
Century 21 Select Real Estate
Buyer's Agent
Michael Pezzi
The REO Real Estate Store
List Price
$300,000
Sold Price
$305,000
Premium/Discount to List
$5,000
1.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
53.88%
Original Mortgage
$100,000
Interest Rate
3.94%
Mortgage Type
Unknown

Purchase Details

Listed on
Sep 27, 2014
Closed on
Nov 3, 2014
Sold by
Mdfj Properties
Bought by
Trobaugh Lisa A
Seller's Agent
Kim Naves
Auburn Folsom Real Estate
Buyer's Agent
Patrick M O'Hare
Century 21 Select Real Estate
List Price
$425,000
Sold Price
$400,000
Premium/Discount to List
-$25,000
-5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-21.33%
Original Mortgage
$392,755
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 15, 2014
Sold by
Ifs Properties Llc
Bought by
Mdfj Properties

Purchase Details

Closed on
Dec 16, 2013
Sold by
The Bank Of Mew York Mellon
Bought by
Ifs Properties

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
4.47%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Nov 22, 2011
Sold by
Ogbebor Benjamin O
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Mar 23, 2005
Sold by
Ogbebor Benjamin O
Bought by
Ogbebor Benjamin O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$666,000
Interest Rate
6.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2002
Sold by
Wells Fargo Bank Minnesota National Assn
Bought by
Ogbebor Benjamin O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,200
Interest Rate
9.5%

Purchase Details

Closed on
Feb 19, 2002
Sold by
Grp Realty Corp
Bought by
Wells Fargo Bank Minnesota National Assn and Grp/Ag Reo 2000-1 Llc

Purchase Details

Closed on
Jul 14, 2000
Sold by
Reyes Michele
Bought by
Grp Realty Corp
Source: Public Records

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Range of Values:

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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
Ira Services Trust Co -- None Available
Metro Capital Investment Group Inc $305,000 North American Title Co Inc
Trobaugh Lisa A $400,000 Fidelity National Title Co
Mdfj Properties $330,000 North American Title Co Inc
Ifs Properties $306,000 Accommodation
The Bank Of New York Mellon $332,500 Landsafe Title
Ogbebor Benjamin O -- New Century Title Co
Ogbebor Benjamin O $239,000 First American Title Co
Wells Fargo Bank Minnesota National Assn -- First American Title Co
Grp Realty Corp $201,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ira Services Trust Co $234,000
Previous Owner Metro Capital Inv --
Previous Owner Metro Capital Investment Group Inc $96,900
Previous Owner Metro Capital Investment Group Inc $357,000
Previous Owner Metro Capital Investment Group Inc $30,000
Previous Owner Metro Capital Investment Group Inc $100,000
Previous Owner Metro Capital Investment Group Inc $265,000
Previous Owner Trobaugh Lisa A $392,755
Previous Owner Ifs Properties Llc $255,000
Previous Owner Ogbebor Benjamin O $596,000
Previous Owner Ogbebor Benjamin O $74,500
Previous Owner Ogbebor Benjamin O $666,000
Previous Owner Ogbebor Benjamin O $487,500
Previous Owner Ogbebor Benjamin O $478,000
Previous Owner Ogbebor Benjamin O $191,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2017 03/28/17 Sold $525,000 -0.9% $197 / Sq Ft
03/23/2017 03/23/17 Pending -- -- --
10/27/2016 10/27/16 For Sale $529,900 +73.7% $199 / Sq Ft
12/24/2015 12/24/15 Sold $305,000 +1.7% $143 / Sq Ft
08/29/2015 08/29/15 Pending -- -- --
08/21/2015 08/21/15 For Sale $300,000 -25.0% $141 / Sq Ft
11/06/2014 11/06/14 Sold $400,000 -5.9% $151 / Sq Ft
10/09/2014 10/09/14 Pending -- -- --
09/26/2014 09/26/14 For Sale $425,000 -- $161 / 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
2024 $6,162 $500,641 $147,916 $352,725
2023 $5,983 $490,825 $145,016 $345,809
2022 $5,961 $481,202 $142,173 $339,029
2021 $5,846 $471,768 $139,386 $332,382
2020 $5,762 $466,931 $137,957 $328,974
2019 $5,616 $457,776 $135,252 $322,524
2018 $6,544 $535,500 $132,600 $402,900
2017 $3,860 $311,100 $122,400 $188,700
2016 $4,144 $305,000 $120,000 $185,000
2015 $4,704 $400,000 $115,200 $284,800
2014 $3,203 $271,526 $157,383 $114,143
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 16069692

MetroList

APN: 249-0242-005