NOT LISTED FOR SALE

5111 Martin Luther King jr Blvd Sacramento, CA 95820

South Oak Park Neighborhood

Estimated Value: $282,000 - $317,000

2 Beds
1 Bath
672 Sq Ft
$450/Sq Ft Est. Value

Last Sold June 14, 2021

Last sale price $255,000 $379 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,873/month

8 Days on Market

Highlights

  • No HOA
  • Bathtub with Shower
  • Laundry Room
  • Cottage
  • Living Room
  • Shed

About This Home

As of June 2021

Check out this cute little cottage situated on a large lot close to freeways and shopping. Two bedrooms and one bath plus utility/laundry room and good sized kitchen. Featuring laminate woodgrain floors, newer vanity and sink, and a drive through carport that leads into this back yard with endless potential including possibly adding a second home (ADU).

Last Agent to Sell the Property

Reed Block

Reed Block Realty License #01238049 Listed on: 05/07/2021

Co-Listed By

Russ Knapp

Riverside Properties License #01002207

Last Buyer's Agent

Shadi Qutub

Nick Sadek Sotheby's International Realty License #02004283

Nick Sadek Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,228

Year Built

  • Built in 1930 | Remodeled

Lot Details

  • 6,098 Sq Ft Lot
  • West Facing Home
  • Back Yard Fenced

Parking

  • 1 Carport Space

Home Design

  • Cottage
  • Raised Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 672 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Laundry Room

Kitchen

  • Free-Standing Gas Oven
  • Free-Standing Gas Range
  • Range Hood
  • Laminate Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Shed

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 022-0101-013-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,228

Year Built

Built in 1930 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Subtype Description: Detached
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: Yes
  • Stories: 1
  • Year Built: 1930
  • Architectural Style: Cottage
  • Levels: One
  • Remodeled/Updated Desc: Bath 6-10YR,Other-Rmks 6-10YR
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Free Standing Gas Oven, Free Standing Gas Range, Hood Over Range
  • Flooring: Laminate, Tile
  • Bathroom Features: Tub w/Shower Over
  • Bathrooms: 1.00
  • Dining Room Features: Space in Kitchen
  • Kitchen Features: Laminate Counter
  • Living Room Features: Other
  • Room Type: Kitchen, Laundry, Other, Living Room
  • Main Level: Bedroom(s),Living Room,Full Bath(s),Kitchen
  • Price Per Square Foot: 379.46
  • Square Footage: 672

Exterior Features

  • Other Structures: Shed(s)
  • Construction Materials: Wood, Wood Siding
  • Property Faces: West
  • Fencing: Back Yard
  • Foundation: Raised
  • Horse Property: No
  • Listing Price: 235000.00
  • Lot Features: Other
  • Pool: No
  • Road Surface Type: Asphalt, Paved
  • Roof: Composition
  • View Description: Other
  • Land Use: Residential

Garage/Parking

  • Carport Spaces: 1
  • Parking Features: No Garage, Covered
  • Driveway/Sidewalks: Sidewalk/Curb/Gutter

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Yes
  • Senior Community: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: R-1
  • Irrigation: Public District
  • Lot Size Acres: 0.1400
  • Lot Size Sq Ft: 6098

Tax Info

  • Assessor Parcel Number: 022-0101-013-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2021
Closed on
Jun 10, 2021
Sold by
Otoole Shannon Lorali
Bought by
Mierke Rae
Seller's Agent
Reed Block
Reed Block Realty
Buyer's Agent
Shadi Qutub
Nick Sadek Sotheby's International Realty
List Price
$235,000
Sold Price
$255,000
Premium/Discount to List
$20,000
8.51%
Current Estimated Value
$302,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,160
Avg. Annual Appreciation
4.05%
Original Mortgage
$242,250
Outstanding Balance
$220,280
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$80,888

Purchase Details

Listed on
May 7, 2021
Closed on
May 19, 2021
Sold by
Barthe John Martin
Bought by
Otoole Shannon Lorali
Seller's Agent
Reed Block
Reed Block Realty
Buyer's Agent
Shadi Qutub
Nick Sadek Sotheby's International Realty
List Price
$235,000
Sold Price
$255,000
Premium/Discount to List
$20,000
8.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,250
Outstanding Balance
$220,280
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$80,888

Purchase Details

Listed on
Nov 18, 2016
Closed on
Dec 7, 2016
Sold by
Amick Michael
Bought by
Woodcock John and Otoole Marty A
Seller's Agent
Craig Townsend
Townsend Real Estate
Buyer's Agent
Craig Townsend
Townsend Real Estate
List Price
$89,950
Sold Price
$100,500
Premium/Discount to List
$10,550
11.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.87%

Purchase Details

Closed on
Jun 9, 2011
Sold by
The Bank Of New York Mellon
Bought by
Amick Michael

Purchase Details

Closed on
Feb 9, 2011
Sold by
Alfaro Delia M
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
May 8, 2007
Sold by
Alfaro Delia M
Bought by
Alfaro Delia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
10.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2003
Sold by
Alfaro Delia M and Stricker Family Trust
Bought by
Alfaro Delia M

Purchase Details

Closed on
May 22, 2001
Sold by
Stricker Martina
Bought by
The Stricker Family Trust
Source: Public Records

Range of Values:

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Average Value
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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

Date Buyer Sale Price Title Company
Mierke Rae $255,000 Chicago Title Company
Otoole Shannon Lorali -- None Available
Otoole Shannon Lorali -- None Available
Woodcock John $100,500 Placer Title Company
Amick Michael $36,000 Chicago Title Company
The Bank Of New York Mellon $38,790 Landsafe Title
Alfaro Delia M -- Alliance Title Company
Alfaro Delia M -- --
The Stricker Family Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mierke Rae $242,250
Previous Owner Otoole Shannon Loreli $105,500
Previous Owner Alfaro Delia M $105,000
Previous Owner Alfaro Delia M $63,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2021 06/14/21 Sold $255,000 +8.5% $379 / Sq Ft
05/15/2021 05/15/21 Pending -- -- --
05/07/2021 05/07/21 For Sale $235,000 +133.8% $350 / Sq Ft
12/09/2016 12/09/16 Sold $100,500 +11.7% $150 / Sq Ft
11/22/2016 11/22/16 Pending -- -- --
11/18/2016 11/18/16 For Sale $89,950 -- $134 / 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 $3,228 $276,018 $102,830 $173,188
2024 $3,228 $270,607 $100,814 $169,793
2023 $3,150 $265,302 $98,838 $166,464
2022 $3,095 $260,100 $96,900 $163,200
2021 $1,381 $107,754 $53,609 $54,145
2020 $1,388 $106,650 $53,060 $53,590
2019 $1,360 $104,560 $52,020 $52,540
2018 $1,324 $102,510 $51,000 $51,510
2017 $1,305 $100,500 $50,000 $50,500
2016 $571 $38,958 $27,056 $11,902
2015 $2,145 $38,374 $26,650 $11,724
2014 $2,509 $37,623 $26,128 $11,495
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 221047862

MetroList

APN: 022-0101-013