NOT LISTED FOR SALE

698 Summit Lakes Way Galt, CA 95632

Estimated Value: $411,000 - $587,000

4 Beds
3 Baths
2,151 Sq Ft
$247/Sq Ft Est. Value

Last Sold August 26, 2020

Last sale price $410,000 $191 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,238/month

70 Days on Market

Highlights

  • No HOA
  • Converted Garage
  • Tile Countertops
  • Covered Patio or Porch
  • Double Pane Windows
  • 4-minute walk to Canyon Creek Park

About This Home

As of August 2020

This is a must see property for anyone looking for a home with an independent living space. The garage has been professionally converted with permits into a studio apartment with full bathroom. Separate exterior and interior access, and kitchenette area. The home also has 3 additional bedrooms with a separate den/office that can be an additional bedroom. Separate living and family rooms with eating area in great room as well as formal living/dining rooms. Located near schools, shopping and transportation. Make arrangements to see this home today.

Last Agent to Sell the Property

David Silva

Real Broker License #01895245 Listed on: 05/16/2020

Real Broker

Last Buyer's Agent

Madison Owning - Delbrugge

Parker Realty License #02004973

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,006

Year Built

  • Built in 1991

Lot Details

  • 8,059 Sq Ft Lot
  • Dog Run
  • Wood Fence
  • Zoning described as R1C

Home Design

  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 2,151 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Family Room with Fireplace
  • Tile Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • 3 Open Parking Spaces
  • Converted Garage

Outdoor Features

  • Covered Patio or Porch

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 150-0470-067-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,006

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Property Type: Residential
  • Subtype Description: Detached
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: No
  • Year Built: 1991
  • Stories: 1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Electric Oven,Dishwasher,Disposal,Microwave
  • Fireplace Features: Family Room
  • Fireplaces: 1
  • Flooring: Carpet,Laminate
  • Master Bathroom Features: Double Sinks,Tub w/Shower Over,Window
  • Bathroom Features: Double Sinks,Tub w/Shower Over
  • Bathrooms: 3.00
  • Dining Room Features: Dining/Living Combo,Space in Kitchen
  • Kitchen Features: Tile Counter
  • Room Type: Baths Other,Converted Garage,Great Room,Master Bathroom
  • Price Per Square Foot: 190.61
  • Square Footage: 2151
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Lap Siding,Stucco,Wood
  • Disclosures/Documents: CC&Rs
  • Exterior Features: Dog Run
  • Fencing: Wood
  • Foundation: Slab
  • Listing Price: 419999.00
  • Lot Features: Auto Sprinkler F&R,Landscape Back,Landscape Front,Shape Regular
  • Patio And Porch Features: Covered Patio
  • Pool: No
  • Roof: Tile

Garage/Parking

  • Open Parking Spaces: 3
  • Parking Features: Converted Garage
  • Driveway/Sidewalks: Sidewalk/Curb/Gutter

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Sewer: Public Sewer
  • Utilities: All Public
  • Cooling: Ceiling Fan(s),Central
  • Heating: Central,Natural Gas
  • Laundry Features: Cabinets,Inside Area
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Galt Joint UHS

Lot Info

  • Zoning Description: R1C
  • Irrigation: None
  • Lot Size Acres: 0.1850
  • Lot Size Sq Ft: 8059

Tax Info

  • Assessor Parcel Number: 150-0470-067-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2020
Closed on
Aug 18, 2020
Sold by
Young Alfonso and Young Yolanda B
Bought by
Gravette David and Gravette Linda
Seller's Agent
David Silva
Real Broker
Buyer's Agent
Madison Owning - Delbrugge
Parker Realty
List Price
$429,000
Sold Price
$410,000
Premium/Discount to List
-$19,000
-4.43%
Current Estimated Value
$532,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,158
Avg. Annual Appreciation
5.19%
Original Mortgage
$260,000
Outstanding Balance
$230,208
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$301,950

Purchase Details

Listed on
Apr 15, 2014
Closed on
Jun 25, 2014
Sold by
Jimenez Celia S and The Jimenez Revocable Trust
Bought by
Young Alfonso and Young Yolanda B
Seller's Agent
Carmen Bailey
Mike Guttridge Realty
Buyer's Agent
Suzie Hohsfield
Suzanne Hohsfield, Broker
List Price
$299,500
Sold Price
$250,000
Premium/Discount to List
-$49,500
-16.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.39%
Original Mortgage
$255,102
Interest Rate
4.09%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 18, 2010
Sold by
Jimenez Santiago and Jimenez Celia
Bought by
Jimenez Santiago and Jimenez Celia S

Purchase Details

Closed on
Oct 15, 2008
Sold by
Gmac Mortgage Llc
Bought by
Jimenez Santiago and Jimenez Celia

Purchase Details

Closed on
Sep 10, 2008
Sold by
Victor Renold Chad
Bought by
Gmac Mortgage Llc and Gmac Mortgage Corp

Purchase Details

Closed on
Mar 21, 2006
Sold by
Victor Renold C and Victor Robin
Bought by
Victor Renold Chad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 1, 2005
Sold by
Mikal Jude and Mikal Paula
Bought by
Victor Renold C and Victor Robin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,500
Interest Rate
2%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 21, 2004
Sold by
Mikal Jude A and Mikal Paula H
Bought by
Mikal Jude and Mikal Paula

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,000
Interest Rate
5.35%
Mortgage Type
New Conventional
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
Gravette David $410,000 Old Republic Title Company
Young Alfonso $250,000 Old Republic Title Company
Jimenez Santiago -- None Available
Jimenez Santiago $205,000 First American Title Company
Gmac Mortgage Llc $256,500 Fatco
Victor Renold Chad -- First American Title
Victor Renold C $405,000 Chicago Title Co
Mikal Jude -- Landsafe Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gravette David $260,000
Previous Owner Young Alfonso $255,102
Previous Owner Victor Renold Chad $376,000
Previous Owner Victor Renold C $364,500
Previous Owner Mikal Jude $273,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/26/2020 08/26/20 Sold $410,000 -2.4% $191 / Sq Ft
07/24/2020 07/24/20 Pending -- -- --
07/02/2020 07/02/20 Price Changed $419,999 -1.2% $195 / Sq Ft
06/03/2020 06/03/20 Price Changed $425,000 -0.9% $198 / Sq Ft
05/15/2020 05/15/20 For Sale $429,000 +71.6% $199 / Sq Ft
07/08/2014 07/08/14 Sold $250,000 -16.5% $116 / Sq Ft View Prior Sale
05/24/2014 05/24/14 Pending -- -- --
04/10/2014 04/10/14 For Sale $299,500 -- $139 / 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 $5,006 $443,795 $97,418 $346,377
2024 $5,006 $435,094 $95,508 $339,586
2023 $4,924 $426,564 $93,636 $332,928
2022 $4,731 $418,200 $91,800 $326,400
2021 $4,736 $410,000 $90,000 $320,000
2020 $3,220 $274,730 $109,892 $164,838
2019 $3,143 $269,344 $107,738 $161,606
2018 $3,139 $264,064 $105,626 $158,438
2017 $3,020 $258,887 $103,555 $155,332
2016 $2,927 $253,812 $101,525 $152,287
2015 $3,124 $250,000 $100,000 $150,000
2014 $2,804 $215,347 $78,785 $136,562
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 20026176

MetroList

APN: 150-0470-067