$305,000
SOLD DEC 24, 2015

5077 Cocoa Palm Way Fair Oaks, CA 95628

3 Beds
2.5 Baths
2,134 Sq Ft
0.28 Acres

Recently Sold

$143 Per Sq Ft

2% Above List Price

8 Days on Market

Highlights

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

About This Home

As of March 2017

FIXER OPPORTUNITY IN WONDERFUL FAIR OAKS NEIGHBORHOOD. This home was designed with flair, but needs contractor type with cash or rehab financing to address construction issues. Sits high above the street w/dramatic street presence. Dramatic mix of marble and mirrors and wood with all of the extras. Skylights, 2 gas fireplaces, gourmet kitchen w/2 sinks and stainless steel 5 burner range, a wetbar, 2 jetted tubs and more! Large RV access on the side and a backyard that could be spectacular.

Last Agent to Sell the Property

Patrick M O'Hare

Century 21 Select Real Estate License #00856701 Listed on: 08/24/2015

Century 21 Select Real Estate

Co-Listed By

Tina Deller

Century 21 Select Real Estate License #00611754

Last Buyer's Agent

Michael Pezzi

The REO Real Estate Store License #01345947

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,162

Year Built

  • Built in 1980 | Remodeled

Lot Details

  • 0.28 Acre Lot
  • South Facing Home
  • Back Yard Fenced
  • Irregular Lot
  • Zoning described as RD3

Home Design

  • Contemporary Architecture
  • Split Level Home
  • Composition Roof

Interior Spaces

  • 2,134 Sq Ft Home
  • 2-Story Property
  • Skylights
  • 2 Fireplaces
  • Double Pane Windows
  • Laundry in unit

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Separate Shower

Outdoor Features

  • Patio

Community Details

  • No Home Owners Association
  • Crestridge Estates Subdivision

Listing and Financial Details

  • 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: 2
  • Subdivision: Crestridge Estates
  • Remodeled/Updated Desc: Bath 0-5YR,Kitchen 0-5YR
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Appliances: Compactor,Dishwasher,Disposal,Free Standing Gas Range,Microwave,Self/Cont Clean Oven
  • Interior Amenities: Skylight(s)
  • Fireplace Features: Family Room,Gas Log,Living Room
  • Fireplaces: 2
  • Flooring: Carpet,Marble,Tile
  • Master Bathroom Features: Shower Stall(s)
  • Master Bedroom Features: Closet,Ground Floor,Outside Access
  • MasterBedroomDimensions Dim: 19x17
  • Bathroom Features: Double Sinks,Jetted Tub,Tub w/Shower Over,Window
  • Bathrooms: 3.00
  • Dining Room Features: Dining Bar,Formal Area,Space in Kitchen
  • Kitchen Features: Granite Counter,Pantry Cabinet
  • Room Type: Baths Other,Converted Garage,Dining Room,Family Room,Kitchen,Living Room,Master Bathroom,Master Bedroom
  • Main Level: Bedroom(s),Full Bath(s)
  • Price Per Square Foot: 142.92
  • Square Footage: 2134
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Frame,Stucco
  • Property Faces: South
  • Disclosures/Documents: CC&Rs,See Remarks,Other
  • Fencing: Back Yard
  • Foundation: Raised,Slab
  • Listing Price: 300000.00
  • Lot Features: Shape Irregular
  • Patio And Porch Features: Uncovered Patio
  • Pool: No
  • Property Condition: Fixer,Updated/Remodeled
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Parking Features: Converted Garage,RV Access,RV Storage
  • Driveway/Sidewalks: Sidewalk/Curb/Gutter

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • 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,Natural Gas
  • Laundry Features: Inside Room
  • Water Source: Meter on Site,Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: San Juan Unified

Lot Info

  • Zoning Description: RD3
  • Irrigation: None
  • Lot Size Acres: 0.2800
  • Lot Dimensions: 98x130x66x131
  • 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%
Current Estimated Value
$811,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$286,898
Avg. Annual Appreciation
5.53%

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 Type Sale Price Title Company
Grant Deed -- None Available
Grant Deed $305,000 North American Title Co Inc
Grant Deed $400,000 Fidelity National Title Co
Grant Deed $330,000 North American Title Co Inc
Quit Claim Deed $306,000 Accommodation
Trustee Deed $332,500 Landsafe Title
Interfamily Deed Transfer -- New Century Title Co
Grant Deed $239,000 First American Title Co
Grant Deed -- First American Title Co
Trustee Deed $201,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $234,000 Adjustable Rate Mortgage/ARM
Previous Owner -- No Value Available
Previous Owner $96,900 Unknown
Previous Owner $357,000 Commercial
Previous Owner $30,000 Unknown
Previous Owner $100,000 Unknown
Previous Owner $265,000 Purchase Money Mortgage
Previous Owner $392,755 FHA
Previous Owner $255,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $596,000 Negative Amortization
Previous Owner $74,500 Credit Line Revolving
Previous Owner $666,000 New Conventional
Previous Owner $487,500 Unknown
Previous Owner $478,000 Unknown
Previous Owner $191,200 No Value Available
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
2025 $6,162 $510,653 $150,874 $359,779
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: 15055821

MetroList

APN: 249-0242-005