NOT LISTED FOR SALE

Estimated Value: $365,000 - $402,709

2 Beds
1 Bath
764 Sq Ft
$509/Sq Ft Est. Value

Last Sold June 03, 2024

Last sale price $390,000 $510 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,407/month

10 Days on Market

Highlights

  • RV Access or Parking
  • 0.5 Acre Lot
  • Deck
  • River City High Rated A-
  • Orchard Views
  • Ranch Style House

About This Home

As of June 2024

Great investment opportunity awaits at 551 Walnut St! Zoned Residential Medium Density, this property offers the potential for up to 6 units/homes, making it an excellent prospect for investors. Here you'll discover a park-like backyard spanning a generous half-acre parcel, providing a calm retreat in the heart of West Sacramento. Located just minutes away from Downtown Sacramento and Sutter Park, the future home of the MLB A's team for the next 3-4 years. With its prime location and ample space for development presents a rare opportunity to create a thriving residential community or capitalize on the demands of the rental market. Don't miss out on this chance to be a part of West Sacramento's growth. As you envision and enhance the land's potential, take advantage of the existing 2-bedroom, 1-bathroom dwelling as your temporary abode a convenient living arrangement amidst your transformative endeavors. Call and Set up an appointment now before it's gone!

Last Agent to Sell the Property

Theresa Deardorff

RE/MAX Gold Woodland License #02003924 Listed on: 04/26/2024

RE/MAX Gold Woodland

Last Buyer's Agent

Samantha Landolt

RE/MAX Gold Sierra Oaks License #01773735

RE/MAX Gold Sierra Oaks

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,479

Year Built

  • Built in 1954

Lot Details

  • 0.5 Acre Lot
  • Property is Fully Fenced
  • Chain Link Fence
  • Zoning described as Medium Density

Parking

  • 1 Car Garage
  • Driveway
  • RV Access or Parking

Home Design

  • Ranch Style House
  • Ranch Property
  • Block Foundation
  • Shingle Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 764 Sq Ft Home
  • Combination Dining and Living Room
  • Orchard Views
  • Carbon Monoxide Detectors
  • Laundry in Garage

Kitchen

  • Free-Standing Electric Range
  • Laminate Countertops

Flooring

  • Wood
  • Linoleum

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Outdoor Features

  • Deck
  • Front Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace

Community Details

  • No Home Owners Association
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 008-113-003-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,479

Year Built

Built in 1954

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Subtype Description: Ranchette/Country, Detached
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: No
  • Year Built: 1954
  • Architectural Style: Ranch
  • Levels: One
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Free Standing Refrigerator, Free Standing Electric Range
  • Flooring: Linoleum, Wood
  • Total Bathrooms: 1
  • Bathroom Features: Tub w/Shower Over
  • Dining Room Features: Dining/Living Combo
  • Kitchen Features: Laminate Counter
  • Living Room Features: View
  • Main Level: Bedroom(s), Living Room, Dining Room, Kitchen
  • Price Per Square Foot: 510.47
  • Square Footage: 764.00

Exterior Features

  • Construction Materials: Stucco, Wood Siding
  • Disclosures/Documents: Seller Property Questionnaire, TDS Available, Natural Hazard Disclosure Available, Preliminary Title Report
  • Fencing: Chain Link, Full
  • Foundation: Block, Pillar/Post/Pier
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 345000.00
  • Lot Features: Shape Regular, Other
  • New Construction: No
  • Patio And Porch Features: Front Porch, Uncovered Deck
  • Pool: No
  • Roof: Shingle
  • Spa: No
  • View Description: Orchard
  • Land Use: Residential

Garage/Parking

  • Garage Spaces: 1.00
  • Parking Features: Attached, RV Access, See Remarks
  • Driveway/Sidewalks: Paved Driveway

Utilities

  • Security: Carbon Mon Detector
  • Sewer: Public Sewer
  • Utilities: Public
  • Cooling: Wall Unit(s)
  • Electric: Other
  • Heating: Wall Furnace
  • Laundry Features: In Garage
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Washington Unified

Lot Info

  • Zoning Description: Medium Density
  • Irrigation: Public District
  • Lot Size Acres: 0.5024
  • Lot Size Sq Ft: 21885.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Type: Net

Multi Family

Tax Info

  • Assessor Parcel Number: 008-113-003-000
  • Bonds/Assessments/Taxes Description: Local Assessments
  • Bonds/Assessments/Taxes: Yes

MLS Schools

  • School District (County): Yolo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2024
Closed on
May 31, 2024
Sold by
Joyce M Marine Living Trust and Marine George
Bought by
Herr Kathryn and Herr Jean Ashley
Seller's Agent
Theresa Deardorff
RE/MAX Gold Woodland
Buyer's Agent
Samantha Landolt
RE/MAX Gold Sierra Oaks
List Price
$345,000
Sold Price
$390,000
Premium/Discount to List
$45,000
13.04%
Views
139
Current Estimated Value
$386,756

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,244
Avg. Annual Appreciation
-0.29%
Original Mortgage
$370,500
Outstanding Balance
$366,210
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$22,467

Purchase Details

Closed on
Nov 5, 2018
Sold by
Marine Joyce M
Bought by
Joyce M Marine Living Trust

Purchase Details

Closed on
Dec 17, 1996
Sold by
Moore Ronnie and Moore Donna R
Bought by
Marine Joyce and Marine George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,585
Interest Rate
7.59%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 19, 1994
Sold by
Crosson Lorean A
Bought by
Crosson Lorean A and Lorean A Crosson 1993 Trust
Source: Public Records

Range of Values:

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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
Herr Kathryn $390,000 Lennar Title
Joyce M Marine Living Trust -- None Listed On Document
Marine Joyce $66,000 --
Crosson Lorean A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herr Kathryn $370,500
Previous Owner Marine Joyce $57,585
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2024 06/03/24 Sold $390,000 +13.0% $510 / Sq Ft
05/06/2024 05/06/24 Pending -- -- --
04/26/2024 04/26/24 For Sale $345,000 -- $452 / 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 $3,479 $397,800 $91,800 $306,000
2023 $3,479 $256,320 $97,387 $158,933
2022 $1,556 $100,627 $53,700 $46,927
2021 $1,459 $98,655 $52,648 $46,007
2020 $1,399 $97,645 $52,109 $45,536
2019 $1,379 $95,732 $51,088 $44,644
2018 $1,352 $93,856 $50,087 $43,769
2017 $1,334 $92,016 $49,105 $42,911
2016 $1,315 $90,213 $48,143 $42,070
2015 $1,104 $88,859 $47,420 $41,439
2014 $1,104 $87,120 $46,492 $40,628
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 224042857

MetroList

APN: 008-113-003-000