NOT LISTED FOR SALE

5428 Tares Cir Elk Grove, CA 95757

South West Elk Grove Neighborhood

Estimated Value: $427,000 - $464,000

2 Beds
2 Baths
1,519 Sq Ft
$291/Sq Ft Est. Value

Last Sold June 14, 2024

Last sale price $423,000 $278 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,116/month

31 Days on Market

Highlights

  • Fitness Center
  • Private Pool
  • Property is near a clubhouse
  • Franklin Elementary School Rated A-
  • Clubhouse
  • Cathedral Ceiling

About This Home

As of June 2024

Welcome home to this spacious tri-level condo in the highly desirable Jasmine community located in Elk Grove. This wonderful home offers 2 large bedrooms, 2 full baths, a spacious great room with a towering ceiling and cozy fireplace. There is a balcony off the living room, a flow-through living/dining area and a large loft on the 3rd level perfect for a home office. The master bedroom has a slider that also opens up to the balcony for natural light and fresh air. The sprawling master bathroom boasts a large soaking tub, separate shower stall, walk-in closet and double sinks. One of my favorite aspects of this home is the unique L-Shaped two car garage with separate garage door entrances as well as a bonus room large enough for a work shop or additional storage. More storage exists under the stairwell inside the entry area as well. You will love the fantastic amenities including a spa to relax in, a pool and a fitness center. Easy access to I-5, Hwy 99 and a short drive from downtown Sacramento, Sutter Park (where the A's will play), Golden 1 Arena, great restaurants, entertainment and shopping. Seller is flexible on price and understands the home needs new carpet and a water heater.

Last Agent to Sell the Property

Jeffrey Vendley

Flat Fee Real Estate License #01307653 Listed on: 04/13/2024

Last Buyer's Agent

Rex Zhang

Grand Realty Group License #02149438

Grand Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,385

Year Built

  • Built in 2006

HOA Fees

  • $260 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Front Facing Garage
  • Side Facing Garage
  • Garage Door Opener

Home Design

  • Property Attached
  • Concrete Foundation
  • Frame Construction
  • Tile Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,519 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Combination Dining and Living Room
  • Loft
  • Storage

Kitchen

  • Walk-In Pantry
  • Free-Standing Gas Oven
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms
  • Tile Bathroom Countertop
  • Secondary Bathroom Double Sinks
  • Soaking Tub
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer
  • 220 Volts In Laundry

Home Security

  • Security System Owned
  • Security Gate
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Pool

  • Private Pool
  • Spa

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Property is located within a water district
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Enclosed Patio or Porch
  • Zero Lot Line
  • Property is near a clubhouse

Listing and Financial Details

  • Assessor Parcel Number 132-1840-006-0005

Community Details

Overview

  • Association fees include pool, roof, insurance on structure, maintenance exterior, ground maintenance
  • Mandatory home owners association
  • Greenbelt

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Additional Features

  • Clubhouse
  • Net Lease
  • Building Fire Alarm

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,385

Year Built

Built in 2006

Lot Details

0

HOA Fees

$260 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Subtype Description: Attached
  • Property Subtype 1: Condominium
  • Remodeled Updated: No
  • Year Built: 2006
  • Levels: Three Or More
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Appliances: Free Standing Gas Oven, Free Standing Refrigerator, Dishwasher, Disposal, Microwave
  • Interior Amenities: Cathedral Ceiling, Storage Area(s)
  • Fireplace Features: Living Room, Gas Log
  • Fireplaces: 1
  • Flooring: Carpet, Tile
  • Master Bathroom Features: Shower Stall(s), Double Sinks, Soaking Tub, Tile
  • Total Bathrooms: 2
  • Bathroom Features: Tile, Tub w/Shower Over
  • Dining Room Features: Dining/Living Combo
  • Kitchen Features: Pantry Closet, Granite Counter
  • Living Room Features: Cathedral/Vaulted
  • Lower Level: Garage
  • Main Level: Bedroom(s), Living Room, Dining Room, Master Bedroom, Full Bath(s), Kitchen
  • Price Per Square Foot: 278.47
  • Square Footage: 1519.00

Exterior Features

  • Construction Materials: Frame, Wood
  • Disclosures/Documents: Association Docs, CC&Rs, Seller Property Questionnaire, Natural Hazard Disclosure Available, Preliminary Title Report
  • Foundation: Concrete
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 429999.00
  • Lot Features: Zero Lot Line
  • New Construction: No
  • Patio And Porch Features: Covered Patio, Enclosed Patio
  • Pool Features: Common Facility
  • Pool: Yes
  • Property Condition: Original
  • Road Surface Type: Paved
  • Roof: Composition, Tile
  • Spa Features: Spa/Hot Tub Built-In
  • Spa: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Parking Features: Attached, Garage Door Opener, Garage Facing Front, Garage Facing Side

Utilities

  • Security: Carbon Mon Detector, Security System Owned, Fire Alarm, Smoke Detector, Fire Suppression System, Security Gate
  • Sewer: In & Connected, Public Sewer
  • Utilities: Cable Connected, Public, Electric, Natural Gas Connected
  • Cooling: Ceiling Fan(s), Central
  • Electric: 220 Volts in Laundry
  • Heating: Central, Gas
  • Laundry Features: Laundry Closet, Dryer Included, Gas Hook-Up, Washer Included, In Kitchen
  • Water Source: Meter on Site, Water District, Public

Condo/Co-op/Association

  • Association Features: Pool, Clubhouse, Spa/Hot Tub, Gym
  • Association Fee: 260
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Pool, Roof, Insurance on Structure, Maintenance Exterior, Maintenance Grounds
  • Association: Yes
  • Senior Community: No
  • Location of Unit: Close to Clubhouse
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Mandatory Association: Yes

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Elk Grove Unified

Lot Info

  • Zoning Description: Res
  • Irrigation: None
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Type: Net

Multi Family

Tax Info

  • Assessor Parcel Number: 132-1840-006-0005
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2024
Closed on
Jun 10, 2024
Sold by
Debra R Watkins 2009 Revocable Living Tr and Watkins Debra R
Bought by
Luong Steven Hao Kien
Seller's Agent
Jeffrey Vendley
Flat Fee Real Estate
Buyer's Agent
Rex Zhang
Grand Realty Group
List Price
$429,999
Sold Price
$423,000
Premium/Discount to List
-$6,999
-1.63%
Views
116
Current Estimated Value
$441,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,628
Avg. Annual Appreciation
3.75%
Original Mortgage
$380,700
Outstanding Balance
$376,673
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$64,955

Purchase Details

Listed on
Apr 13, 2024
Closed on
Jun 5, 2024
Sold by
Wong Kwan Yee
Bought by
Luong Steven Hao Kien
Seller's Agent
Jeffrey Vendley
Flat Fee Real Estate
Buyer's Agent
Rex Zhang
Grand Realty Group
List Price
$429,999
Sold Price
$423,000
Premium/Discount to List
-$6,999
-1.63%
Views
116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,700
Outstanding Balance
$376,673
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$64,955

Purchase Details

Closed on
Feb 11, 2009
Sold by
Watkins Debra R
Bought by
Watkins Debra R

Purchase Details

Closed on
Feb 26, 2007
Sold by
Jasmine Attached Homes L P
Bought by
Watkins Debra R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,900
Interest Rate
6.21%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Luong Steven Hao Kien $423,000 Placer Title
Luong Steven Hao Kien -- Placer Title
Watkins Debra R -- None Available
Watkins Debra R $293,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luong Steven Hao Kien $380,700
Previous Owner Watkins Debra R $174,000
Previous Owner Watkins Debra R $142,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2024 06/14/24 Sold $423,000 -1.6% $278 / Sq Ft
05/14/2024 05/14/24 Pending -- -- --
05/09/2024 05/09/24 For Sale $429,999 0.0% $283 / Sq Ft
05/08/2024 05/08/24 Pending -- -- --
04/24/2024 04/24/24 Price Changed $429,999 -2.3% $283 / Sq Ft
04/18/2024 04/18/24 Price Changed $439,999 -2.0% $290 / Sq Ft
04/13/2024 04/13/24 For Sale $449,000 -- $296 / 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 $5,385 $431,460 $102,000 $329,460
2024 $5,385 $384,714 $98,505 $286,209
2023 $5,156 $377,172 $96,574 $280,598
2022 $5,163 $369,778 $94,681 $275,097
2021 $4,807 $339,541 $86,549 $252,992
2020 $4,329 $297,844 $75,921 $221,923
2019 $4,158 $283,662 $72,306 $211,356
2018 $4,029 $275,400 $70,200 $205,200
2017 $3,790 $255,000 $65,000 $190,000
2016 $3,664 $251,413 $64,375 $187,038
2015 $3,441 $232,791 $59,607 $173,184
2014 $3,357 $226,011 $57,871 $168,140
Source: Public Records

Agents Affiliated with this Home

  • Jeffrey Vendley

    Seller's Agent in 2024

    Jeffrey Vendley

    Flat Fee Real Estate

    (415) 992-0040

    2 in this area

    43 Total Sales

    Section Image
  • Rex Zhang

    Buyer's Agent in 2024

    Rex Zhang

    Grand Realty Group

    (916) 346-9881

    8 in this area

    43 Total Sales

    Section Image
See All Agents

Map

Source: MetroList

MLS Number: 224037259

MetroList

APN: 132-1840-006-0005

California Sacramento County Elk Grove 95757 South West Elk Grove

5428 Tares Cir, Elk Grove, CA

This home is located at 5428 Tares Cir, Elk Grove, CA 95757 since 13 April 2024 and is currently estimated at $441,628, approximately $290 per square foot. This property was built in 2006. 5428 Tares Cir is a home located in Sacramento County with nearby schools including Franklin Elementary School, Toby Johnson Middle School, and Franklin High School.

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.

Nearby Homes