NOT LISTED FOR SALE

5551 Latin Way Fair Oaks, CA 95628

Estimated Value: $495,000 - $675,000

4 Beds
3 Baths
2,153 Sq Ft
$285/Sq Ft Est. Value

Last Sold April 21, 2020

Last sale price $485,000 $225 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $3,791/month

24 Days on Market

Highlights

  • 1 Fireplace
  • Granite Countertops
  • Double Pane Windows
  • Pershing Elementary School Rated A-
  • No HOA
  • Uncovered Courtyard

About This Home

As of April 2020

So much to love about this wonderful Fair Oaks home at the end of a quiet cul-de-sac!*Large pie-shaped lot gives you lots of backyard space & privacy*Big patio area, lots of grass to run around & play, shed, side patio wired for spa & so much more!*All bedrooms and living space on main level with just the 2nd master suite or big bonus room with full bath upstairs*Open, updated layout with newer laminate floors, newer carpet & updated baths*Updated kitchen features white cabinets, granite counter tops, beautiful laminate floors*Living room with updated fireplace*Downstairs master with slider to patio, updated bath*Upstairs master can be ideal game room with walk-in closet & updated full bath - ideal for in-laws, guests, teens or family fun!*2 car garage with workbench area & overhead storage*Quiet, sought-after established Fair Oaks neighborhood near all conveniences!

Last Agent to Sell the Property

Angela Gitt

Windermere Signature Properties Fair Oaks License #01132561 Listed on: 02/28/2020

Windermere Signature Properties Fair Oaks

Last Buyer's Agent

Lakota Verberne

LPT Realty Inc. License #02048203

LPT Realty Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,413

Year Built

  • Built in 1978 | Remodeled

Lot Details

  • 8,276 Sq Ft Lot
  • West Facing Home
  • Back Yard Fenced
  • Zoning described as RD5

Parking

  • 2 Car Garage
  • Workshop in Garage

Home Design

  • Slab Foundation
  • Shake Roof

Interior Spaces

  • 2,153 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Double Pane Windows
  • Living Room
  • Granite Countertops
  • Laundry in Garage

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Uncovered Courtyard
  • Patio
  • Shed

Utilities

  • Central Heating
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 253-0125-033-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,413

Year Built

Built in 1978 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Subtype Description: Detached
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: Yes
  • Year Built: 1978
  • Stories: 2
  • Remodeled/Updated Desc: Bath 0-5YR,Kitchen 0-5YR
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Electric Oven,Built-In Electric Range,Dishwasher,Disposal
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Flooring: Carpet,Laminate,Tile
  • Master Bathroom Features: Tile,Tub w/Shower Over
  • Master Bedroom Features: Ground Floor,Outside Access,Walk-In Closet
  • Bathroom Features: Tile,Tub w/Shower Over
  • Bathrooms: 3.00
  • Dining Room Features: Breakfast Nook,Formal Area,Space in Kitchen
  • Kitchen Features: Granite Counter
  • Room Type: Baths Other,Bonus Room,Family Room,Guest Quarters,Master Bathroom,Master Bedroom,Master Bedrooms 2+,Downstairs Bedroom
  • Main Level: Bedroom(s),Full Bath(s)
  • Price Per Square Foot: 225.27
  • Square Footage: 2153
  • Window Features: Dual Pane Partial

Exterior Features

  • Other Structures: Shed(s)
  • Construction Materials: Frame,Stucco,Wood
  • Property Faces: West
  • Disclosures/Documents: CC&Rs
  • Exterior Features: Uncovered Courtyard
  • Fencing: Back Yard
  • Foundation: Slab
  • Horse Property: No
  • Listing Price: 499000.00
  • Lot Features: Auto Sprinkler F&R,Cul-De-Sac
  • Patio And Porch Features: Uncovered Patio
  • Pool: No
  • Property Condition: Updated/Remodeled
  • Road Surface Type: Paved
  • Roof: Shake

Garage/Parking

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

Utilities

  • Sewer: In & Connected
  • Utilities: Cable Available
  • Cooling: Ceiling Fan(s),Central
  • Electric: 220 Volts,220 Volts in Laundry
  • Heating: Central
  • Laundry Features: In Garage
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: San Juan Unified

Lot Info

  • Zoning Description: RD5
  • Irrigation: None
  • Lot Size Acres: 0.1900
  • Lot Dimensions: 36x94x132x137
  • Lot Size Sq Ft: 8276

Tax Info

  • Assessor Parcel Number: 253-0125-033-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2020
Closed on
Apr 14, 2020
Sold by
Meeks Steven and Meeks Jaclyn
Bought by
Driscoll Jane Ellen
Seller's Agent
Angela Gitt
Windermere Signature Properties Fair Oaks
Buyer's Agent
Lakota Verberne
LPT Realty Inc.
List Price
$499,000
Sold Price
$485,000
Premium/Discount to List
-$14,000
-2.81%
Current Estimated Value
$614,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,240
Avg. Annual Appreciation
4.43%
Original Mortgage
$383,000
Outstanding Balance
$337,996
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$276,244

Purchase Details

Listed on
Jan 7, 2017
Closed on
Feb 17, 2017
Sold by
Dragomir Mircea and Sandra M Cann Revocable Living
Bought by
Meeks Steven and Meeks Jaclyn
Seller's Agent
James Farrell
Windermere Signature Properties Roseville/Granite Bay
Buyer's Agent
Rebecca Lund
Nick Sadek Sotheby's International Realty
List Price
$382,500
Sold Price
$382,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.80%
Original Mortgage
$340,400
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jan 7, 2017
Closed on
Feb 16, 2017
Sold by
The Sandra M Cann Revocable Living Trust
Bought by
Dragomir Mircea Mike and Sandra M Cann Revocable Living
Seller's Agent
James Farrell
Windermere Signature Properties Roseville/Granite Bay
Buyer's Agent
Rebecca Lund
Nick Sadek Sotheby's International Realty
List Price
$382,500
Sold Price
$382,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,400
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jun 16, 2013
Closed on
Mar 11, 2014
Sold by
Mausolff Peter and Jewell Elaine
Bought by
The Sandra M Cann Revocable Living Trust and Cann Academic Partners Lp
Seller's Agent
Kristen Cooper
Better Homes and Gardens RE
Buyer's Agent
Kerry Freitas
Windermere Signature Properties Roseville/Granite Bay
List Price
$325,000
Sold Price
$317,000
Premium/Discount to List
-$8,000
-2.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.57%

Purchase Details

Closed on
Oct 16, 2002
Sold by
Ruzanov John Victor and Ruzanov Mumtaz T
Bought by
Mausolff Peter and Jewell Elaine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
6.09%
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
Driscoll Jane Ellen $485,000 Placer Title Company
Meeks Steven $382,500 Stewart Title Of California
Dragomir Mircea Mike -- Stewart Title Of California
The Sandra M Cann Revocable Living Trust $317,000 Chicago Title Company
Mausolff Peter $260,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Driscoll Jane Ellen $383,000
Previous Owner Meeks Steven $340,400
Previous Owner Mausolff Peter $205,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2020 04/21/20 Sold $485,000 -2.8% $225 / Sq Ft
03/23/2020 03/23/20 Pending -- -- --
03/17/2020 03/17/20 For Sale $499,000 0.0% $232 / Sq Ft
03/03/2020 03/03/20 Pending -- -- --
02/28/2020 02/28/20 For Sale $499,000 +30.5% $232 / Sq Ft
02/23/2017 02/23/17 Sold $382,500 0.0% $178 / Sq Ft
01/23/2017 01/23/17 Pending -- -- --
01/04/2017 01/04/17 For Sale $382,500 +20.7% $178 / Sq Ft
03/13/2014 03/13/14 Sold $317,000 -2.5% $147 / Sq Ft
02/11/2014 02/11/14 Pending -- -- --
06/16/2013 06/16/13 For Sale $325,000 -- $151 / 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 $6,413 $530,414 $109,363 $421,051
2024 $6,413 $520,015 $107,219 $412,796
2023 $6,227 $509,819 $105,117 $404,702
2022 $6,204 $499,823 $103,056 $396,767
2021 $6,084 $490,024 $101,036 $388,988
2020 $5,031 $405,911 $74,284 $331,627
2019 $4,904 $397,953 $72,828 $325,125
2018 $4,796 $390,150 $71,400 $318,750
2017 $4,079 $334,827 $73,935 $260,892
2016 $3,811 $328,263 $72,486 $255,777
2015 $3,745 $323,333 $71,398 $251,935
2014 $3,551 $307,176 $70,884 $236,292
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 20012169

MetroList

APN: 253-0125-033