NOT LISTED FOR SALE

7020 Palm Ave Fair Oaks, CA 95628

Estimated Value: $445,477 - $498,000

3 Beds
2 Baths
1,312 Sq Ft
$360/Sq Ft Est. Value

Last Sold June 02, 2016

Last sale price $290,000 $221 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $2,894/month

7 Days on Market

Highlights

  • 1 Fireplace
  • Covered Patio or Porch
  • Double Pane Windows
  • No HOA
  • 2 Car Attached Garage
  • 4-minute walk to Patriots Park

About This Home

As of June 2016

Amazing 3bed/2bath Fair Oaks home just 2 blocks from Patriots Park and conveniently close to schools, shopping, and Northridge Country Club. Features include a gorgeous custom kitchen with granite counters and full backsplash, a spacious island bar with lots of room, open living room layout, custom tile and laminate flooring, beautiful custom fireplace with built-in flat screen mount, a relaxing backyard with palm trees, and much more. A great opportunity and a MUST SEE!

Last Agent to Sell the Property

Robert Hanna

HomeSmart ICARE Realty License #01988792 Listed on: 04/26/2016

Last Buyer's Agent

Manny Cazares

eXp Realty of California, Inc. License #00969767

eXp Realty of California, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,070

Year Built

  • Built in 1981 | Remodeled

Lot Details

  • 5,266 Sq Ft Lot
  • Back Yard Fenced
  • Sprinklers on Timer
  • Zoning described as RD5

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,312 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Double Pane Windows
  • Living Room
  • Laundry in Garage

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Separate Shower

Additional Features

  • Covered Patio or Porch
  • Central Heating

Community Details

  • No Home Owners Association
  • North Palm Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 239-0083-025-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,070

Year Built

Built in 1981 | 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: 1981
  • Stories: 1
  • Subdivision: North Palm Estates
  • Remodeled/Updated Desc: Kitchen 6-10YR
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Electric Oven,Built-In Electric Range,Dishwasher,Disposal,Microwave
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Flooring: Carpet,Laminate,Tile,Linoleum/Vinyl
  • Master Bathroom Features: Shower Stall(s)
  • Master Bedroom Features: Closet,Ground Floor,Outside Access
  • Bathroom Features: Tub w/Shower Over
  • Bathrooms: 2.00
  • Dining Room Features: Dining Bar,Dining/Living Combo
  • Kitchen Features: Granite Counter,Island,Kitchen/Family Combo
  • Room Type: Baths Other,Master Bathroom,Master Bedroom
  • Price Per Square Foot: 221.04
  • Square Footage: 1312
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Frame,Wood
  • Disclosures/Documents: CC&Rs
  • Fencing: Back Yard
  • Foundation: Slab
  • Listing Price: 287000.00
  • Lot Features: Auto Sprinkler F&R
  • Patio And Porch Features: Covered Patio
  • Pool: No
  • Property Condition: Updated/Remodeled
  • Roof: Composition

Garage/Parking

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

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Sewer: In & Connected
  • Utilities: All Electric
  • 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: Public District
  • Lot Size Acres: 0.1209
  • Lot Size Sq Ft: 5266

Tax Info

  • Assessor Parcel Number: 239-0083-025-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2016
Closed on
May 24, 2016
Sold by
Morales Ray and Morales Morgan L
Bought by
Lockhart Matthew
Seller's Agent
Robert Hanna
HomeSmart ICARE Realty
Buyer's Agent
Manny Cazares
eXp Realty of California, Inc.
List Price
$287,000
Sold Price
$290,000
Premium/Discount to List
$3,000
1.05%
Current Estimated Value
$472,619

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,619
Avg. Annual Appreciation
5.32%
Original Mortgage
$261,000
Outstanding Balance
$208,424
Interest Rate
3.59%
Mortgage Type
New Conventional
Estimated Equity
$260,649

Purchase Details

Listed on
Aug 15, 2012
Closed on
Dec 7, 2012
Sold by
Gras Lyn M
Bought by
Morales Ray and Morales Morgan L
Seller's Agent
Charles Nalley
Excel Realty Inc.
Buyer's Agent
LK Jacobs
Windermere Signature Properties Fair Oaks
List Price
$152,950
Sold Price
$161,000
Premium/Discount to List
$8,050
5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.48%
Original Mortgage
$155,365
Interest Rate
3.35%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 13, 2005
Sold by
Deller La Tena
Bought by
Gras Lyn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
5.72%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 10, 2004
Sold by
Shands Robert L and Shands Anna L M
Bought by
Gras Lyn M and Deller La Tena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 21, 2002
Sold by
Perry Wayne A and Perry Wendy G
Bought by
Shands Robert L and Shands Ann L M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,115
Interest Rate
6.84%
Mortgage Type
FHA
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
Lockhart Matthew $290,000 Placer Title Company
Morales Ray $161,000 Placer Title Company
Gras Lyn M -- North American Title Co
Gras Lyn M $300,000 North American Title Co
Shands Robert L $200,000 Financial Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lockhart Matthew $261,000
Previous Owner Morales Ray $182,000
Previous Owner Morales Ray $155,365
Previous Owner Gras Lyn M $50,000
Previous Owner Gras Lyn M $308,000
Previous Owner Gras Lyn M $225,000
Previous Owner Shands Robert L $227,700
Previous Owner Shands Robert L $197,115
Previous Owner Perry Wayne A $62,022
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2016 06/02/16 Sold $290,000 +1.0% $221 / Sq Ft
05/03/2016 05/03/16 Pending -- -- --
04/26/2016 04/26/16 For Sale $287,000 +78.3% $219 / Sq Ft
12/12/2012 12/12/12 Sold $161,000 +5.3% $123 / Sq Ft
10/11/2012 10/11/12 Pending -- -- --
08/14/2012 08/14/12 For Sale $152,950 -- $117 / 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 $4,070 $343,293 $88,781 $254,512
2024 $4,070 $336,563 $87,041 $249,522
2023 $4,006 $329,965 $85,335 $244,630
2022 $3,926 $323,496 $83,662 $239,834
2021 $3,861 $317,154 $82,022 $235,132
2020 $3,789 $313,903 $81,181 $232,722
2019 $3,713 $307,749 $79,590 $228,159
2018 $3,670 $301,716 $78,030 $223,686
2017 $3,634 $295,800 $76,500 $219,300
2016 $1,884 $167,476 $62,413 $105,063
2015 $1,895 $164,961 $61,476 $103,485
2014 $1,855 $161,730 $60,272 $101,458
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2016

    Robert Hanna

    HomeSmart ICARE Realty

  • Manny Cazares

    Buyer's Agent in 2016

    Manny Cazares

    eXp Realty of California, Inc.

    (916) 804-1400

    1 in this area

    98 Total Sales

    Manny Cazares
    Section Image

  • C

    Seller's Agent in 2012

    Charles Nalley

    Excel Realty Inc.

    Section Image

  • L

    Buyer's Agent in 2012

    LK Jacobs

    Windermere Signature Properties Fair Oaks

See All Agents

Map

Source: MetroList

MLS Number: 16024920

MetroList

APN: 239-0083-025

California Sacramento County Fair Oaks 95628

7020 Palm Ave, Fair Oaks, CA

This home is located at 7020 Palm Ave, Fair Oaks, CA 95628 since 26 April 2016 and is currently estimated at $472,619, approximately $360 per square foot. This property was built in 1981. 7020 Palm Ave is a home located in Sacramento County with nearby schools including Charles Peck Elementary School, Will Rogers Middle School, and Del Campo High School.

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.

MetroList IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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