NOT LISTED FOR SALE

5481 Lerner Way Sacramento, CA 95823

Estimated Value: $255,000 - $515,000

3 Beds
2 Baths
2,249 Sq Ft
$188/Sq Ft Est. Value

Last Sold November 04, 2014

Last sale price $181,800 $81 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $2,453/month

2 Days on Market

Highlights

  • A-Frame Home
  • Covered Patio or Porch
  • Tile Countertops
  • No HOA
  • 2 Car Attached Garage
  • 1-Story Property

About This Home

As of November 2014

Large custom built home with spacious bedrooms and a great floorplan. This home was once beautiful and wouldn't take much to come back, needs TLC

Last Agent to Sell the Property

Jacob Worley

Worley Real Estate Inc. License #01420287 Listed on: 10/21/2014

Last Buyer's Agent

Lynda Chac

LPT Realty, Inc License #01321712

LPT Realty, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,578

Year Built

  • Built in 1974

Lot Details

  • 7,841 Sq Ft Lot
  • Back Yard Fenced

Parking

  • 2 Car Attached Garage

Home Design

  • A-Frame Home
  • Raised Foundation
  • Tile Roof

Interior Spaces

  • 2,249 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • 220 Volts In Laundry

Kitchen

  • Electric Cooktop
  • Tile Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Separate Shower

Outdoor Features

  • Covered Patio or Porch

Community Details

  • No Home Owners Association
  • Southgate Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 118-0072-004-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,578

Year Built

Built in 1974

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Subtype Description: Detached
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: No
  • Year Built: 1974
  • Architectural Style: A-Frame
  • Stories: 1
  • Subdivision: Southgate Park
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Electric Cook Top
  • Fireplace Features: Family Room
  • Fireplaces: 1
  • Flooring: Carpet,Tile
  • Master Bathroom Features: Shower Stall(s)
  • Bathroom Features: Tub w/Shower Over,Window
  • Bathrooms: 2.00
  • Dining Room Features: Dining/Living Combo,Formal Area,Space in Kitchen
  • Kitchen Features: Tile Counter
  • Room Type: Baths Other,Family Room,Master Bathroom
  • Price Per Square Foot: 80.84
  • Square Footage: 2249

Exterior Features

  • Construction Materials: Brick,Frame,Stucco,Wood
  • Disclosures/Documents: CC&Rs
  • Fencing: Back Yard
  • Foundation: Raised
  • Listing Price: 180000.00
  • Lot Features: Auto Sprinkler F&R,Low Maintenance,Shape Regular
  • Patio And Porch Features: Covered Patio
  • Pool: No
  • Road Surface Type: Paved
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached
  • Driveway/Sidewalks: Sidewalk/Curb/Gutter

Utilities

  • Sewer: In & Connected
  • Utilities: All Public
  • Cooling: See Remarks
  • Electric: 220 Volts in Laundry
  • Heating: Other
  • Laundry Features: Cabinets,Inside Room
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Elk Grove Unified

Lot Info

  • Zoning Description: R-1
  • Lot Size Acres: 0.1800
  • Lot Size Sq Ft: 7841

Tax Info

  • Assessor Parcel Number: 118-0072-004-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 13, 2019
Sold by
Wang Huoxiu
Bought by
Lin Meifeng
Current Estimated Value
$423,934

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Outstanding Balance
$96,516
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$327,418

Purchase Details

Listed on
Oct 21, 2014
Closed on
Jan 2, 2015
Sold by
Lin Meifeng
Bought by
Wang Huo Xiu and Lin Meifeng
Seller's Agent
Jacob Worley
Worley Real Estate Inc.
Buyer's Agent
Lynda Chac
LPT Realty, Inc
List Price
$180,000
Sold Price
$181,800
Premium/Discount to List
$1,800
1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.95%
Original Mortgage
$90,000
Interest Rate
3.92%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Oct 21, 2014
Closed on
Oct 30, 2014
Sold by
Stark Valentine P and Stark Melissa E
Bought by
Lin Meifeng
Seller's Agent
Jacob Worley
Worley Real Estate Inc.
Buyer's Agent
Lynda Chac
LPT Realty, Inc
List Price
$180,000
Sold Price
$181,800
Premium/Discount to List
$1,800
1%

Purchase Details

Closed on
Aug 7, 2009
Sold by
Stark Valentine P and Stark Family Trust
Bought by
Stark Valentine P and Stark Melissa E

Purchase Details

Closed on
Dec 2, 2002
Sold by
Stark Elsie M
Bought by
Stark Family Trust and Stark Elsie M

Purchase Details

Closed on
Feb 15, 2002
Sold by
Stark Family Trust
Bought by
Stark Else M

Purchase Details

Closed on
Jan 19, 1999
Sold by
Stark Else M and Stark Valentine P
Bought by
Stark Else M

Purchase Details

Closed on
Oct 13, 1994
Sold by
Stark Else M
Bought by
Stark Else and Stark Valentine P
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Lin Meifeng -- Stewart Title Of Sacramento
Wang Huo Xiu -- Chicago Title Company
Lin Meifeng $182,000 Placer Title Company
Stark Valentine P -- None Available
Stark Family Trust -- --
Stark Else M -- --
Stark Else M -- --
Stark Else M -- --
Stark Else -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Meifeng $110,000
Previous Owner Wang Huo Xiu $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/04/2014 11/04/14 Sold $181,800 +1.0% $81 / Sq Ft
10/23/2014 10/23/14 Pending -- -- --
10/21/2014 10/21/14 For Sale $180,000 -- $80 / 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 $2,578 $218,485 $54,078 $164,407
2024 $2,578 $214,202 $53,018 $161,184
2023 $2,505 $210,003 $51,979 $158,024
2022 $2,474 $205,886 $50,960 $154,926
2021 $2,436 $201,850 $49,961 $151,889
2020 $2,397 $199,781 $49,449 $150,332
2019 $2,354 $195,865 $48,480 $147,385
2018 $2,290 $192,026 $47,530 $144,496
2017 $2,244 $188,262 $46,599 $141,663
2016 $2,125 $184,572 $45,686 $138,886
2015 $2,078 $181,800 $45,000 $136,800
2014 $2,501 $222,578 $25,055 $197,523
Source: Public Records

Agents Affiliated with this Home

  • Jacob Worley

    Seller's Agent in 2014

    Jacob Worley

    Worley Real Estate Inc.

    (916) 541-5835

    1 in this area

    79 Total Sales

    Jacob Worley
    Section Image

  • L

    Buyer's Agent in 2014

    Lynda Chac

    LPT Realty, Inc

    Section Image
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Map

Source: MetroList

MLS Number: 14066630

MetroList

APN: 118-0072-004

California Sacramento County Sacramento 95823

5481 Lerner Way, Sacramento, CA

Not Listed for Sale

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