$858,000
SOLD FEB 14, 2025

5624 Memory Ln Fair Oaks, CA 95628

5 Beds
3 Baths
2,122 Sq Ft
0.31 Acres

Recently Sold

$404 Per Sq Ft

2% Below List Price

8 Days on Market

Highlights

  • Window or Skylight in Bathroom
  • Quartz Countertops
  • Double Pane Windows
  • Bella Vista High School Rated A-
  • No HOA
  • Bathtub with Shower

About This Home

As of February 2025

Welcome to this unique Fair Oaks property featuring two homes on a 0.31 acre lot with amazing possibilities for a large family, accommodating in-laws, guests or perfect option to generate income! The main house(5624 Memory Ln) offers 3 beds, 1 bath,1375 sqft. It was tastefully remodeled with brand new kitchen quartz counters, new vinyl plank floors, fresh interior and exterior paint, new doors, remodeled bathrooms, new lights, new appliances including washer, dryer, etc. The second residence (5622 Memory Ln) is a band new build, it features 2 beds, 2 baths ,747 sqft. It has its own electric meter, includes kitchen appliances with washer and dryer. As you step outside, you'll be greeted by the large yard, providing plenty of space for all your outdoor activities. Whether you're seeking a multi-generational living solution, an investment opportunity, or simply a place to call home, this property offers the perfect blend and potential.

Last Agent to Sell the Property

Oleg Minzu

Keller Williams Realty License #01913034 Listed on: 01/22/2025

Keller Williams Realty

Last Buyer's Agent

Belinda Liu

Real Estate Source Inc License #01312607

Real Estate Source Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,468

Year Built

  • Built in 1949 | Remodeled

Lot Details

  • 0.31 Acre Lot
  • Property is zoned RD-4

Home Design

  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,122 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Family Room
  • Combination Dining and Living Room

Kitchen

  • Free-Standing Gas Range
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower
  • Window or Skylight in Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Central Heating and Cooling System
  • 220 Volts in Kitchen

Community Details

  • No Home Owners Association
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 253-0072-010-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,468

Year Built

Built in 1949 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Subtype Description: Detached
  • Property Subtype 1: 2 Houses on Lot
  • Remodeled Updated: Yes
  • Year Built: 1949
  • Levels: One
  • Remodeled/Updated Desc: Bath 0-5YR, Kitchen 0-5YR, Bed 0-5YR, Other-Rmks 0-5YR
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Free Standing Gas Range, Dishwasher, Disposal, Microwave
  • Flooring: Laminate, Tile
  • Total Bathrooms: 3
  • Bathroom Features: Tub w/Shower Over, Window
  • Dining Room Features: Space in Kitchen, Dining/Living Combo
  • Kitchen Features: Quartz Counter
  • Living Room Features: Other
  • Main Level: Bedroom(s), Dining Room, Family Room, Master Bedroom, Full Bath(s), Kitchen
  • Price Per Square Foot: 404.34
  • Square Footage: 2122.00
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Stucco
  • Foundation: Slab
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 875000.00
  • Lot Features: Shape Regular
  • New Construction: No
  • Pool: No
  • Roof: Shingle
  • Spa: No
  • Second Unit Bedrooms: 2
  • Second Unit Estimated Sq Ft: 747
  • Second Unit Full Bathrooms: 2
  • Second Unit Kitchen: Yes

Garage/Parking

  • Parking Features: Uncovered Parking Spaces 2+

Utilities

  • Security: Carbon Mon Detector, Smoke Detector
  • Sewer: In & Connected
  • Utilities: Public
  • Cooling: Central
  • Electric: 220 Volts in Kitchen
  • Heating: Central
  • Laundry Features: Dryer Included, Washer Included, Inside Area
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: San Juan Unified

Lot Info

  • Zoning: RD-4
  • Irrigation: Other
  • Lot Size Acres: 0.3100
  • Lot Size Sq Ft: 13504.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Type: Net

Multi Family

  • Unit 2 Partial Bathrooms: 0
  • Unit 2 Description: 5622 Memory Ln
  • Unit 2 Occupied: No
  • Unit 2 Type: Detached

Tax Info

  • Assessor Parcel Number: 253-0072-010-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2025
Closed on
Feb 11, 2025
Sold by
Muradu Construction Inc
Bought by
Han Shanshan
Seller's Agent
Oleg Minzu
Keller Williams Realty
Buyer's Agent
Belinda Liu
Real Estate Source Inc
List Price
$875,000
Sold Price
$858,000
Premium/Discount to List
-$17,000
-1.94%
Total Days on Market
8
Views
61
Current Estimated Value
$751,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$106,558
Avg. Annual Appreciation
-36.06%

Purchase Details

Listed on
May 7, 2024
Closed on
May 31, 2024
Sold by
Marchenko Tamara and Marchenko Mihail
Bought by
Muradu Construction Inc
Seller's Agent
Mihail Marchenko
Capitol City Real Estate
Buyer's Agent
Oleg Minzu
Keller Williams Realty
List Price
$479,000
Sold Price
$455,000
Premium/Discount to List
-$24,000
-5.01%
Views
22

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
147.48%
Original Mortgage
$569,600
Interest Rate
7.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2008
Sold by
Us Bank Na
Bought by
Marchenko Tamara and Marchenko Mihail

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,550
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 13, 2008
Sold by
Penkov Olga
Bought by
Us Bank Na and Securitized Asset Backed Receivables Llc

Purchase Details

Closed on
Aug 31, 2005
Sold by
Vusik Denis
Bought by
Penkov Olga

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 8, 1998
Sold by
Seaters Milton M and Colwell Ethel A
Bought by
Hutton Kevin and Hutton Valerie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.71%

Purchase Details

Closed on
Aug 10, 1998
Sold by
Seaters Marion E and Estate Of Alma B Seaters
Bought by
Seaters Marion E and Seaters Michael H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.71%
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 $858,000 Fidelity National Title Compan
Grant Deed $455,000 Fidelity National Title
Grant Deed $227,000 Stewart Title
Trustee Deed $189,000 None Available
Interfamily Deed Transfer -- Placer Title Company
Grant Deed $330,000 Placer Title Company
Grant Deed $75,000 Old Republic Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $569,600 New Conventional
Previous Owner $150,000 Credit Line Revolving
Previous Owner $181,550 Purchase Money Mortgage
Previous Owner $66,000 Credit Line Revolving
Previous Owner $264,000 Purchase Money Mortgage
Previous Owner $60,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2025 02/14/25 Sold $858,000 -1.9% $404 / Sq Ft
01/30/2025 01/30/25 Pending -- -- --
01/22/2025 01/22/25 For Sale $875,000 +92.3% $412 / Sq Ft
06/05/2024 06/05/24 Sold $455,000 -5.0% $331 / Sq Ft
05/16/2024 05/16/24 Pending -- -- --
05/07/2024 05/07/24 For Sale $479,000 -- $348 / 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
2024 $3,468 $286,574 $85,842 $200,732
2023 $3,365 $280,956 $84,159 $196,797
2022 $3,351 $275,448 $82,509 $192,939
2021 $3,284 $270,048 $80,892 $189,156
2020 $3,236 $267,280 $80,063 $187,217
2019 $3,238 $262,041 $78,494 $183,547
2018 $3,167 $256,904 $76,955 $179,949
2017 $3,135 $251,868 $75,447 $176,421
2016 $2,930 $246,930 $73,968 $172,962
2015 $2,879 $243,221 $72,857 $170,364
2014 $2,819 $238,457 $71,430 $167,027
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 225008138

MetroList

APN: 253-0072-010