NOT LISTED FOR SALE

7042 Los Olivos Way Carmichael, CA 95608

Estimated Value: $466,000 - $626,000

4 Beds
2 Baths
1,921 Sq Ft
$301/Sq Ft Est. Value

Last Sold February 02, 2021

Last sale price $516,000 $269 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,623/month

30 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Walk-In Closet
  • 1 Fireplace
  • Double Pane Windows
  • Shed

About This Home

As of February 2021

Charming Carmichael single story on a corner lot is ready for you! Great neighborhood community. So many wonderful features including: NEW roof 2018, gated RV or boat parking, interior and exterior recently painted, ALL NEW master bathroom, SMART features include Ring doorbell, Nest thermostat and WiFi garage door opener, whole house fan, shutters in all front facing windows, wood-look tile floors, SS appliances (NEW dishwasher 2018), Corian counters, pantry, 2 walk in closets (hidden safe in floor-no combo), ceiling fans, stunning brick fireplace with wood burning insert by Country, covered patio, indoor laundry room with sink and cabinets. Walking distance to Del Campo, Will Rogers & Schweitzer Elem. Also Schweitzer Grove Nature Area, Stollwood & Carmichael Parks are nearby. SO MUCH TO LOVE! COME SEE TODAY!

Last Agent to Sell the Property

Angela Collins

Better Homes and Gardens RE License #01491456 Listed on: 12/02/2020

Better Homes and Gardens RE

Last Buyer's Agent

John Ellis

Security Pacific Real Estate License #00716352

Security Pacific Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,631

Year Built

  • Built in 1970 | Remodeled

Lot Details

  • 8,682 Sq Ft Lot
  • Wood Fence
  • Zoning described as RD-5

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 1,921 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Double Pane Windows

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Additional Features

  • Shed
  • Central Heating

Community Details

  • No Home Owners Association
  • Rancho De Los Olivos Subdivision

Listing and Financial Details

  • Assessor Parcel Number 247-0053-001-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,631

Year Built

Built in 1970 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Subtype Description: Tract
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: Yes
  • Year Built: 1970
  • Architectural Style: Traditional
  • Stories: 1
  • Subdivision: Rancho de Los Olivos
  • Remodeled/Updated Desc: Bath 0-5YR,Kitchen 0-5YR
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher,Disposal,Free Standing Electric Range,Gas Water Heater,Microwave
  • Fireplace Features: Family Room,Wood Burning
  • Fireplaces: 1
  • Flooring: Carpet,Tile
  • Master Bathroom Features: Shower Stall(s),Tile
  • Master Bedroom Features: Walk-In Closet
  • Bathroom Features: Double Sinks,Tub w/Shower Over,Window
  • Bathrooms: 2.00
  • Dining Room Features: Dining/Family Combo,Formal Room
  • Kitchen Features: Synthetic Counter,Kitchen/Family Combo,Pantry Closet
  • Room Type: Attic,Baths Other,Dining Room,Family Room,Living Room,Master Bathroom,Master Bedroom
  • Price Per Square Foot: 268.61
  • Square Footage: 1921
  • Window Features: Dual Pane Full

Exterior Features

  • Other Structures: Shed(s)
  • Construction Materials: Frame,Stucco
  • Disclosures/Documents: CC&Rs
  • Fencing: Wood
  • Foundation: Raised
  • Listing Price: 525000.00
  • Lot Features: Auto Sprinkler Front,Corner,Landscape Back,Landscape Front,Shape Regular,Street Lights
  • Patio And Porch Features: Covered Patio,Uncovered Deck
  • Pool: No
  • Property Condition: Updated/Remodeled
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Boat Storage,Garage Door Opener,Garage Facing Front,RV Access,RV Storage
  • Driveway/Sidewalks: Sidewalk/Curb/Gutter

Utilities

  • Security: Carbon Mon Detector,Double Strapped Water Heater,Smoke Detector
  • Sewer: In & Connected
  • Utilities: Internet Available,Natural Gas Connected
  • Cooling: Ceiling Fan(s),Central,Whole House Fan
  • Electric: 220 Volts,220 Volts in Kitchen,220 Volts in Laundry
  • Heating: Central
  • Laundry Features: Cabinets,Inside Room,Sink
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: San Juan Unified

Lot Info

  • Zoning Description: RD-5
  • Irrigation: None
  • Lot Size Acres: 0.1993
  • Lot Size Sq Ft: 8682

Tax Info

  • Assessor Parcel Number: 247-0053-001-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2020
Closed on
Feb 1, 2021
Sold by
Gelbke Scott O and Gelbke Kimberly J
Bought by
Ellis John and Ellis Patricia
Seller's Agent
Angela Collins
Better Homes and Gardens RE
Buyer's Agent
John Ellis
Security Pacific Real Estate
List Price
$525,000
Sold Price
$516,000
Premium/Discount to List
-$9,000
-1.71%
Current Estimated Value
$578,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,977
Avg. Annual Appreciation
2.49%
Original Mortgage
$412,800
Outstanding Balance
$369,013
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$209,964

Purchase Details

Closed on
Oct 8, 2020
Sold by
Gelbke Scott O and Gelbke Kimberly J
Bought by
Gelbke Scott O and Gelbke Kimberly J

Purchase Details

Closed on
Mar 18, 2020
Sold by
Gelbke Kimberly J and Gelbke Scott O
Bought by
Gelbke Kimberly J and Gelbke Scott O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$389,600
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 10, 2017
Closed on
Apr 7, 2017
Sold by
Bakos Andrew E
Bought by
Lucey Kimberly J and Gelbke Scott O
Seller's Agent
Caitlyn Cowles
GUIDE Real Estate
Buyer's Agent
Angela Collins
Better Homes and Gardens RE
List Price
$599,998
Sold Price
$405,000
Premium/Discount to List
-$194,998
-32.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.29%
Original Mortgage
$382,406
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2007
Sold by
Cardoza Donna Lee
Bought by
Bakos Andrew E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 3, 2006
Sold by
Bakos Andrew E
Bought by
Bakos Andrew E and Cardoza Donna Lee

Purchase Details

Closed on
Nov 7, 2002
Sold by
Offenbach William H and Offenbach Leslie J
Bought by
Bakos Andrew E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.12%

Purchase Details

Closed on
Jun 30, 1994
Sold by
Offenbach William H and Offenbach Leslie J
Bought by
Offenbach William H and Offenbach Leslie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,100
Interest Rate
10.5%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ellis John $516,000 Fidelity National Title Co
Gelbke Scott O -- None Available
Gelbke Kimberly J -- Fidelity National Title Co
Lucey Kimberly J $405,000 Fidelity National Title Comp
Bakos Andrew E -- Alliance Title Company
Bakos Andrew E -- None Available
Bakos Andrew E $170,000 --
Offenbach William H -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ellis John $412,800
Previous Owner Gelbke Kimberly J $389,600
Previous Owner Lucey Kimberly J $382,406
Previous Owner Bakos Andrew E $364,000
Previous Owner Bakos Andrew E $130,000
Previous Owner Offenbach William H $126,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/02/2021 02/02/21 Sold $516,000 -1.7% $269 / Sq Ft
01/01/2021 01/01/21 Pending -- -- --
12/02/2020 12/02/20 For Sale $525,000 +29.6% $273 / Sq Ft
04/14/2017 04/14/17 Sold $405,000 -32.5% $211 / Sq Ft View Prior Sale
03/16/2017 03/16/17 Pending -- -- --
02/10/2017 02/10/17 For Sale $599,998 -- $312 / 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 $6,631 $558,532 $167,234 $391,298
2024 $6,631 $547,581 $163,955 $383,626
2023 $6,526 $536,845 $160,741 $376,104
2022 $6,396 $526,320 $157,590 $368,730
2021 $5,298 $434,239 $115,958 $318,281
2020 $5,115 $429,787 $114,769 $315,018
2019 $5,011 $421,361 $112,519 $308,842
2018 $4,952 $413,100 $110,313 $302,787
2017 $4,154 $336,929 $87,348 $249,581
2016 $3,881 $330,324 $85,636 $244,688
2015 $3,860 $325,363 $84,350 $241,013
2014 $3,781 $318,990 $82,698 $236,292
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MetroList

MLS Number: 20071239

MetroList

APN: 247-0053-001