NOT LISTED FOR SALE

7028 Forman Way Sacramento, CA 95828

Estimated Value: $388,233 - $469,000

3 Beds
1.5 Baths
1,313 Sq Ft
$327/Sq Ft Est. Value

Last Sold January 23, 2013

Last sale price $145,500 $111 Per Sq Ft

Est. 195% increase in value since last sale

Current estimated payment $2,429/month

7 Days on Market

Highlights

  • No HOA
  • 2 Car Attached Garage
  • Bathtub with Shower
  • Covered Patio or Porch
  • Double Pane Windows
  • Central Heating

About This Home

As of January 2013

NOT a short sale or REO!! Great home for first time buyer or investment. Property updated in 2009 and is in move-in ready condition. It won't last long so see it soon.

Last Agent to Sell the Property

Melissa Sisneros

RE/MAX Gold License #01424738 Listed on: 11/30/2012

RE/MAX Gold

Last Buyer's Agent

Darcie Magdaleno

eXp Realty of California Inc. License #01486010

eXp Realty of California Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,948

Year Built

  • Built in 1963 | Remodeled

Lot Details

  • 6,098 Sq Ft Lot
  • Zoning described as Rd5

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,313 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Family Room with Fireplace
  • Laminate Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry in Garage
  • 220 Volts In Laundry

Additional Features

  • Covered Patio or Porch
  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 043-0114-005-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,948

Year Built

Built in 1963 | 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: 1963
  • Architectural Style: Ranch
  • Stories: 1
  • Remodeled/Updated Desc: Bath 0-5YR,Kitchen 0-5YR,Other-Rmks 0-5YR
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal,Free Standing Electric Range
  • Fireplace Features: Family Room
  • Fireplaces: 1
  • Flooring: Carpet,Laminate,Tile,Linoleum/Vinyl
  • Bathroom Features: Tub w/Shower Over
  • Bathrooms: 2.00
  • Dining Room Features: Dining/Family Combo,Space in Kitchen
  • Kitchen Features: Laminate Counter
  • Room Type: Baths Other
  • Price Per Square Foot: 110.81
  • Square Footage: 1313
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Frame,Stucco,Wood
  • Disclosures/Documents: CC&Rs
  • Foundation: Slab
  • Listing Price: 140000.00
  • Lot Features: Landscape Back,Landscape Front,Shape Regular
  • 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

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

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Elk Grove Unified

Lot Info

  • Zoning Description: Rd5
  • Lot Size Acres: 0.1400
  • Lot Dimensions: 0x0x0
  • Lot Size Sq Ft: 6098

Tax Info

  • Assessor Parcel Number: 043-0114-005-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2012
Closed on
Jan 14, 2013
Sold by
Coates Gary
Bought by
Gack Robert F and Gack Nidia S
Seller's Agent
Melissa Sisneros
RE/MAX Gold
Buyer's Agent
Darcie Magdaleno
eXp Realty of California Inc.
List Price
$140,000
Sold Price
$145,500
Premium/Discount to List
$5,500
3.93%
Current Estimated Value
$428,808

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$283,308
Avg. Annual Appreciation
8.85%
Original Mortgage
$142,864
Outstanding Balance
$98,775
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$330,033

Purchase Details

Closed on
Dec 12, 2008
Sold by
Countrywide Home Loans Inc
Bought by
Coates Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,800
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 8, 2008
Sold by
Kapoor Anil
Bought by
Countrywide Home Loans Inc and Washington Mutual Mortgage Securities Co

Purchase Details

Closed on
Mar 22, 2006
Sold by
Kapoor Suman Lata
Bought by
Kapoor Anil

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,600
Interest Rate
7.75%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 7, 2005
Sold by
Kapoor Suman Lata
Bought by
Kapoor Anil

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,600
Interest Rate
5.72%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 26, 2005
Sold by
Murphy Robert Alan and Robert Alan Murphy Living Trus
Bought by
Kapoor Anil

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,600
Interest Rate
5.72%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 16, 2001
Sold by
Murphy Robert Alan and Murphy Robert A
Bought by
Murphy Robert Alan and Robert Alan Murphy Living Trus
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
Gack Robert F $145,500 Old Republic Title Company
Coates Gary $94,000 First American Title Company
Countrywide Home Loans Inc $111,150 Landsafe Title
Kapoor Anil -- First American Title Company
Kapoor Anil -- Alliance Title Company
Kapoor Anil $288,000 Alliance Title Company
Murphy Robert Alan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gack Robert F $142,864
Previous Owner Coates Gary $65,800
Previous Owner Kapoor Anil $265,600
Previous Owner Kapoor Anil $57,600
Previous Owner Kapoor Anil $230,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/23/2013 01/23/13 Sold $145,500 +3.9% $111 / Sq Ft
12/06/2012 12/06/12 Pending -- -- --
11/29/2012 11/29/12 For Sale $140,000 -- $107 / 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 $1,948 $179,157 $43,093 $136,064
2024 $1,948 $175,646 $42,249 $133,397
2023 $1,899 $172,203 $41,421 $130,782
2022 $1,867 $168,827 $40,609 $128,218
2021 $1,846 $165,517 $39,813 $125,704
2020 $1,822 $163,821 $39,405 $124,416
2019 $1,789 $160,610 $38,633 $121,977
2018 $1,741 $157,462 $37,876 $119,586
2017 $1,711 $154,376 $37,134 $117,242
2016 $1,652 $151,350 $36,406 $114,944
2015 $1,616 $149,078 $35,860 $113,218
2014 $1,590 $146,159 $35,158 $111,001
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 12070086

MetroList

APN: 043-0114-005