NOT LISTED FOR SALE

5701 Mack Rd Sacramento, CA 95823

Parkway Area

Estimated Value: $18,618,136

7.66 Acres
$2,430,312 Price per Acre
333,704 Sq Ft Lot

Sale Details

Date Sold: July 5, 2019

Last sale price $1,185,000 $0 Per Sq Ft

Est. 1,471% increase in value since last sale

Current estimated payment $120,873 / mo

198 Days on Market

About This Lot

As of July 2019

4 PARCELS, 7.6608 ACRES, MULTIPLE USAGE commercial acres with 752 feet of frontage zoned C-2-R. MULTIPLE USE (CHECKED WITH CITY OF SACRAMENTO)- COMMERCIAL RETAIL, MULTI FAMILY, CHILD DAY CARE, OFFICES, GAS STATION (WITH CUP -CONDITIONAL USE PERMIT). Sale of property to include parcels 118-0111-062-0000, 118-0111-063-0000, 118-0111-064-0000 and 118-0111-065-0000. SEE ATTACHED. NOTE: This was approved for the Public Storage in 2005 and all the plans are available. Plans attached.

Last Agent to Sell the Property

Sanjeev Verma

Berkshire Hathaway Home Services Elite Real Estate License #01450579 Listed on: 09/21/2017

Berkshire Hathaway Home Services Elite Real Estate

Co-Listed By

Jaspal Singh

JPMI License #01374632

Last Buyer's Agent

Sanjeev Verma

Berkshire Hathaway Home Services Elite Real Estate License #01450579 Listed on: 09/21/2017

Berkshire Hathaway Home Services Elite Real Estate

Property Details

Property Type

  • Land

Lot Details

  • 7.66 Acre Lot
  • 4 Lots in the community
  • Possible uses of the property include Commercial,Residential
  • Property is zoned C2R, Commercial,Multi-Residential,Office

Utilities

  • No Utilities
  • Water Not Available
  • Sewer Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 118-0111-062-0000

Property Details

Property Type

Land

Lot Details

7.66 Acres

Listing Details

  • Property Type: Land
  • Property Subtype 1: Commercial Lot
  • Primary Residence: None
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Other Equipment: None

Exterior Features

  • Other Structures: None
  • Disclosures/Documents: CC&Rs,See Remarks
  • Horse Property: No
  • Listing Price: 1400000.00
  • Road Surface Type: Paved
  • Additional Living Units: No

Utilities

  • Sewer: None
  • Utilities: None
  • Water Source: None

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning: C2R
  • Crops: None
  • Current Use: Vacant
  • Development Status: Raw Land
  • Number of Lots: 4
  • Zoning Description: Commercial,Multi-Residential,Office
  • Irrigation: None
  • Lot Size Acres: 7.6608
  • Lot Size Sq Ft: 333704
  • Possible Use: Commercial,Residential

Multi Family

  • Income Includes: None

Tax Info

  • Assessor Parcel Number: 118-0111-062-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 20, 2022
Sold by
Bought by
Current Estimated Value
$18,618,136

Purchase Details

Listed on
Sep 21, 2017
Closed on
Jul 1, 2019
Sold by
Bought by
Seller's Agent
Sanjeev Verma
Berkshire Hathaway Home Services Elite Real Estate
Buyer's Agent
Sanjeev Verma
Berkshire Hathaway Home Services Elite Real Estate
List Price
$1,400,000
Sold Price
$1,185,000
Premium/Discount to List
-$215,000
-15.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
47.48%

Purchase Details

Listed on
Sep 18, 2012
Closed on
Apr 2, 2013
Sold by
Bought by
Seller's Agent
Joe Wirsing
Professional Realty Associates
Buyer's Agent
Non-MLS Member
Non-MLS Office
List Price
$899,000
Sold Price
$450,000
Premium/Discount to List
-$449,000
-49.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.79%
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$18,364,000 Chicago Title
$1,185,000 First American Title Ins Co
$450,000 North American Title Co Inc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $85,000,000
Previous Owner $5,757
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/05/2019 07/05/19 Sold $1,185,000 0.0% --
05/31/2019 05/31/19 Off Market $1,185,000 -- --
04/07/2018 04/07/18 Pending -- -- --
09/21/2017 09/21/17 For Sale $1,400,000 +211.1% --
04/08/2013 04/08/13 Sold $450,000 -49.9% -- View Prior Sale
04/05/2013 04/05/13 Pending -- -- --
09/17/2012 09/17/12 For Sale $899,000 -- --
Source: MetroList

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $223,688 $19,487,757 $3,289,744 $16,198,013
2025 $221,715 $19,105,645 $3,225,240 $15,880,405
2024 $221,715 $18,731,025 $3,162,000 $15,569,025
2023 $215,704 $18,363,750 $3,100,000 $15,263,750
2022 $154,752 $12,521,221 $1,221,221 $11,300,000
2021 $60,039 $4,022,276 $1,197,276 $2,825,000
2020 $26,908 $1,185,000 $1,185,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Sanjeev Verma

    Seller's Agent in 2019

    Sanjeev Verma

    Berkshire Hathaway Home Services Elite Real Estate

    (916) 320-8820

    45 Total Sales

    Sanjeev Verma
    Section Image
  • Jaspal Singh

    Seller Co-Listing Agent in 2019

    Jaspal Singh

    JPMI

    (650) 273-0477

    2 Total Sales

    Jaspal Singh
    Section Image

  • J

    Seller's Agent in 2013

    Joe Wirsing

    Professional Realty Associates

    (916) 397-1887

    12 Total Sales

    Joe Wirsing
    Section Image

  • N

    Buyer's Agent in 2013

    Non-MLS Member

    Non-MLS Office

See All Agents

Map

Source: MetroList

MLS Number: 17061316

MetroList

APN: 118-0111-066

California Sacramento County Sacramento 95823

5701 Mack Rd, Sacramento, CA

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.

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