$575,000
SOLD SEP 21, 2022

5147 Cocoa Palm Way Fair Oaks, CA 95628

4 Beds
2 Baths
1,541 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$373 Per Sq Ft

5% Above List Price

14 Days on Market

Highlights

  • RV Access or Parking
  • Corner Lot
  • Granite Countertops
  • Bella Vista High School Rated A-
  • Great Room
  • No HOA

About This Home

As of October 2023

Beautiful 4 bedroom, 2 bath, home located on a large corner lot, possible RV access, & Prospective Residential Care Facility option. Amenities include: Custom wooden front door, laminate flooring, stylish stone walls, ceiling fans, skylights & canned lighting throughout. The kitchen boasts granite countertops, exquisite white cabinets, large tiled flooring, a magnificent decorative backsplash, & stainless steel appliances. The dining room slider opens to the huge backyard w/ endless possibilities & a covered patio area. Upgraded bedrooms & bathrooms round out this ready to move in home. Currently operated as a family owned RCFE/ALF business with current license for age range 60 and over, approved for 6 ambulatory. Approved Hospice waiver for 2. Perfect for someone looking to operate a Residential Care Facility with the ability to start making money day 1. 1 of 70 Sutter PACE/ InnovAge PACE approved properties in the area. A program that will provide clients). Hurry this won't Last!

Last Agent to Sell the Property

Preeti Lata

Sterling Royal Real Estate License #02034350 Listed on: 07/28/2022

Sterling Royal Real Estate

Co-Listed By

Sterling Royal

Sterling Royal Real Estate License #01334798

Last Buyer's Agent

Preeti Lata

Sterling Royal Real Estate License #02034350 Listed on: 07/28/2022

Sterling Royal Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,885

Year Built

  • Built in 1972 | Remodeled

Lot Details

  • 8,276 Sq Ft Lot
  • Landscaped
  • Corner Lot
  • Level Lot
  • Front Yard Sprinklers
  • Zoning described as RD-5

Parking

  • 2 Car Garage
  • Side Facing Garage
  • RV Access or Parking

Home Design

  • Slab Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,541 Sq Ft Home
  • 1-Story Property
  • Great Room
  • Laminate Flooring
  • Carbon Monoxide Detectors
  • Laundry in unit

Kitchen

  • Free-Standing Gas Oven
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Approach with Ramp

Outdoor Features

  • Patio
  • Shed

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Building Fire Alarm

Listing and Financial Details

  • Assessor Parcel Number 249-0102-011-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,885

Year Built

Built in 1972 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Subtype Description: Detached
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: Yes
  • Stories: 1
  • Year Built: 1972
  • Accessibility Features: AccessibleApproachwithRamp, AccessibleFullBath
  • Levels: One
  • Remodeled/Updated Desc: Bath 0-5YR,Kitchen 0-5YR,Bed 0-5YR
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Free Standing Gas Oven, Dishwasher, Microwave
  • Flooring: Laminate
  • Master Bedroom Features: Closet,Outside Access
  • Total Bathrooms: 2
  • Bathroom Features: Shower Stall(s),Window
  • Dining Room Features: Space in Kitchen
  • Kitchen Features: Granite Counter
  • Living Room Features: Great Room
  • Main Level: Bedroom(s),Dining Room,Family Room,Full Bath(s),Garage,Kitchen
  • Price Per Square Foot: 373.13
  • Square Footage: 1541.00

Exterior Features

  • Other Structures: Shed(s)
  • Construction Materials: Frame, Wood
  • Foundation: Slab
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 573000.00
  • Lot Features: Auto Sprinkler Front, Corner, Shape Regular, Landscape Front
  • Patio And Porch Features: Uncovered Patio
  • Pool: No
  • Property Condition: Updated/Remodeled
  • Roof: Composition
  • Spa: No
  • Topography: Level

Garage/Parking

  • Garage Spaces: 2.00
  • Parking Features: Attached, RV Access, RV Possible, Garage Facing Side

Utilities

  • Security: Carbon Mon Detector, Fire Alarm, Fire Extinguisher
  • Sewer: In & Connected
  • Utilities: Cable Available, Internet Available, Natural Gas Available
  • Cooling: Central
  • Electric: 220 Volts
  • Heating: Central
  • Laundry Features: Inside Area
  • Water Source: Meter Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Schools

  • Senior High School District: San Juan Unified

Lot Info

  • Zoning Description: RD-5
  • Irrigation: None
  • Lot Size Acres: 0.1900
  • Lot Size Sq Ft: 8276.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Assessor Parcel Number: 249-0102-011-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2023
Closed on
Oct 12, 2023
Sold by
Asare Cinderella May
Bought by
Gyurjian Ovanes and Darbinyan Narine
Seller's Agent
Johnny Stockert
Sterling Royal Real Estate
Buyer's Agent
Johnny Stockert
Sterling Royal Real Estate
List Price
$580,000
Sold Price
$560,000
Premium/Discount to List
-$20,000
-3.45%
Views
334
Current Estimated Value
$557,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,288
Avg. Annual Appreciation
1.17%
Original Mortgage
$420,000
Outstanding Balance
$412,590
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$159,152

Purchase Details

Closed on
May 4, 2020
Sold by
Nemethy Eva
Bought by
Nemethy Eva and Eva Nemethy Living Trust

Purchase Details

Listed on
Jun 21, 2019
Closed on
Sep 27, 2019
Sold by
Belwood Investments Llc
Bought by
Nemethy Eva
Seller's Agent
Melissa Dozier
Windermere Signature Properties El Dorado Hills/Folsom
Buyer's Agent
Michael Ann Dees
Coldwell Banker Realty
List Price
$369,000
Sold Price
$370,000
Premium/Discount to List
$1,000
0.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.78%
Original Mortgage
$301,180
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 11, 2018
Sold by
Strongtower Investments Llc
Bought by
Belwood Investments Llc

Purchase Details

Listed on
Jun 15, 2018
Closed on
Aug 13, 2018
Sold by
Strongtower Investments Llc
Bought by
Strongtower Investments Llc and Belwood Investments Llc
Seller's Agent
Paul Boudier
Keller Williams Realty
Buyer's Agent
Kenneth Jenkins
Americorp Financial and Realty Services
List Price
$275,000
Sold Price
$278,501
Premium/Discount to List
$3,501
1.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.84%
Original Mortgage
$286,705
Interest Rate
4.5%
Mortgage Type
Construction

Purchase Details

Listed on
Jun 15, 2018
Closed on
Jul 2, 2018
Sold by
Us Bank Na
Bought by
Strongtower Investments Llc
Seller's Agent
Paul Boudier
Keller Williams Realty
Buyer's Agent
Kenneth Jenkins
Americorp Financial and Realty Services
List Price
$275,000
Sold Price
$278,501
Premium/Discount to List
$3,501
1.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,705
Interest Rate
4.5%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 22, 2018
Sold by
Fragoza Paul
Bought by
Mortgage Equity Conversion Asset Trust 2 and Us Bank Na

Purchase Details

Closed on
Apr 29, 2002
Sold by
Fragoza Paul
Bought by
Fragoza Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
7.13%

Purchase Details

Closed on
Mar 17, 2002
Sold by
Fragoza Scott Michele
Bought by
Fragoza Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
7.13%

Purchase Details

Closed on
Jul 13, 2000
Sold by
Fragoza Paul
Bought by
Fragoza Michele
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 $560,000 Orange Coast Title
Interfamily Deed Transfer -- None Available
Grant Deed $370,000 Placer Title Company
Grant Deed -- None Available
Grant Deed -- Accommodation
Grant Deed $279,000 None Available
Trustee Deed $259,363 Accommodation
Interfamily Deed Transfer -- Fidelity National Title
Interfamily Deed Transfer -- --
Gift Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $420,000 New Conventional
Previous Owner $301,180 FHA
Previous Owner $286,705 Construction
Previous Owner $391,500 FHA
Previous Owner $124,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2023 10/16/23 Sold $560,000 0.0% $363 / Sq Ft
10/08/2023 10/08/23 Off Market $560,000 -- --
09/19/2023 09/19/23 Pending -- -- --
07/13/2023 07/13/23 Price Changed $570,000 -1.7% $370 / Sq Ft
06/09/2023 06/09/23 For Sale $580,000 +0.9% $376 / Sq Ft
09/21/2022 09/21/22 Sold $575,000 +0.3% $373 / Sq Ft
08/11/2022 08/11/22 Pending -- -- --
08/05/2022 08/05/22 Price Changed $573,000 -0.3% $372 / Sq Ft
08/01/2022 08/01/22 Price Changed $575,000 +4.5% $373 / Sq Ft
07/28/2022 07/28/22 For Sale $550,000 +48.6% $357 / Sq Ft
10/08/2019 10/08/19 Sold $370,000 +0.3% $240 / Sq Ft
08/30/2019 08/30/19 Pending -- -- --
08/28/2019 08/28/19 For Sale $369,000 0.0% $239 / Sq Ft
08/22/2019 08/22/19 Pending -- -- --
08/19/2019 08/19/19 Price Changed $369,000 -2.6% $239 / Sq Ft
08/09/2019 08/09/19 Price Changed $379,000 -2.6% $246 / Sq Ft
07/11/2019 07/11/19 Price Changed $389,000 -2.5% $252 / Sq Ft
06/21/2019 06/21/19 For Sale $399,000 +43.3% $259 / Sq Ft
08/03/2018 08/03/18 Sold $278,501 +1.3% $224 / Sq Ft
06/22/2018 06/22/18 Pending -- -- --
06/15/2018 06/15/18 For Sale $275,000 -- $222 / 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 $6,885 $571,200 $162,180 $409,020
2024 $6,885 $560,000 $159,000 $401,000
2023 $6,998 $575,000 $159,000 $416,000
2022 $4,734 $381,308 $82,444 $298,864
2021 $4,643 $373,832 $80,828 $293,004
2020 $4,576 $370,000 $80,000 $290,000
2019 $3,437 $278,501 $80,000 $198,501
2018 $1,350 $114,133 $48,771 $65,362
2017 $1,334 $111,896 $47,815 $64,081
2016 $1,247 $109,703 $46,878 $62,825
2015 $2,220 $108,056 $46,174 $61,882
2014 $1,197 $105,940 $45,270 $60,670
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 222100088

MetroList

APN: 249-0102-011