NOT LISTED FOR SALE

7048 Farmington Way Sacramento, CA 95828

Estimated Value: $431,000 - $459,000

4 Beds
2 Baths
1,146 Sq Ft
$388/Sq Ft Est. Value

Last Sold December 14, 2021

Last sale price $430,000 $375 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,799/month

13 Days on Market

About This Home

As of December 2021

Great opportunity for first time homebuyers or Investors, Well care property, with 4 bedrooms and 2 baths located on quiet and desirable neighborhood close to freeway 99, Restaurants and stores. submit your highest and best offer. seller will review the offers 11/10/21. Escrow is pre-opened with Fidelity National Title Company

Last Agent to Sell the Property

Ana Miles-Reyes

American Realty & Financial Group License #01043004 Listed on: 10/28/2021

Last Buyer's Agent

Wesley Huang

Grand Realty Group License #02042373

Grand Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,746

Year Built

  • 1963

Lot Details

  • 6,534

Parking

  • 2

Home Design

  • Property Attached

Additional Features

  • Synthetic Countertops
  • Separate Shower

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,746

Year Built

1963

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Subtype Description: Attached
  • Property Sub Type: Single Family Residence
  • Remodeled Updated: No
  • Architectural Style: A-Frame
  • Directions: From Freeway 99 exit on Florin East and turn left on Rimrock Dr, then left on Farmington way destination is on your left.
  • Horses: No
  • Building Stories: 1
  • Special Features: None
  • Stories: 1
  • Year Built: 1963

Interior Features

  • Fireplace Features: Brick, Living Room
  • Bathroom Features: Shower Stall(s)
  • Dining Room Features: Space in Kitchen
  • Kitchen Features: Synthetic Counter
  • Living Room Features: Other
  • Main Level: Bedroom(s),Living Room,Dining Room,Full Bath(s),Garage,Kitchen
  • Price Per Square Foot: 375.22
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Flooring: Laminate, Tile
  • Private Spa: No

Exterior Features

  • Roof: Shingle
  • Foundation Details: Concrete
  • Construction Type: Stucco
  • Home Warranty: No
  • Lot Features: Auto Sprinkler F&R, Low Maintenance
  • Patio And Porch Features: Covered Patio
  • Pool Private: No

Garage/Parking

  • Parking Features: Attached, Garage Facing Front
  • Garage Spaces: 2.00

Utilities

  • Cooling: Ceiling Fan(s), Central
  • Heating: Central
  • Electric: 220 Volts
  • Laundry Features: Gas Hook-Up, In Garage
  • Security: Carbon Mon Detector, Double Strapped Water Heater, Smoke Detector
  • Sewer: In & Connected
  • Utilities: All Public
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Schools

  • Junior High Dist: Elk Grove Unified

Lot Info

  • Lot Size Sq Ft: 6534.00
  • Zoning Description: RD5

Tax Info

  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2021
Closed on
Dec 14, 2021
Sold by
Patino Juan Carlos
Bought by
Zhong Maozhen and Li Yamei
Seller's Agent
Ana Miles-Reyes
American Realty & Financial Group
Buyer's Agent
Wesley Huang
Grand Realty Group
List Price
$399,900
Sold Price
$430,000
Premium/Discount to List
$30,100
7.53%
Current Estimated Value
$444,343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,343
Avg. Annual Appreciation
0.89%
Original Mortgage
$344,043
Outstanding Balance
$317,848
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$126,495

Purchase Details

Listed on
Oct 28, 2021
Closed on
Dec 13, 2021
Sold by
Valdez Emilia P
Bought by
Patino Juan Carlos
Seller's Agent
Ana Miles-Reyes
American Realty & Financial Group
Buyer's Agent
Wesley Huang
Grand Realty Group
List Price
$399,900
Sold Price
$430,000
Premium/Discount to List
$30,100
7.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,043
Outstanding Balance
$317,848
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$126,495

Purchase Details

Closed on
May 20, 2004
Sold by
Blagaila Emanuel I and Blagaila Dorca T
Bought by
Patino Juan Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,200
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 2001
Sold by
Blagaila John and Blagaila Eleonora
Bought by
Blagaila Emanuel I and Blagaila Dorca T
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
Zhong Maozhen $430,000 Fidelity National Title Co
Patino Juan Carlos -- Fidelity National Title Co
Patino Juan Carlos $258,000 Financial Title Company
Blagaila Emanuel I -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhong Maozhen $344,043
Previous Owner Patino Juan Carlos $230,435
Previous Owner Patino Juan Carlos $252,800
Previous Owner Patino Juan Carlos $232,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2021 12/14/21 Sold $430,000 +7.5% $375 / Sq Ft
11/10/2021 11/10/21 Pending -- -- --
10/28/2021 10/28/21 For Sale $399,900 -- $349 / 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 $4,746 $456,319 $132,651 $323,668
2024 $4,746 $447,372 $130,050 $317,322
2023 $4,623 $438,600 $127,500 $311,100
2022 $4,540 $430,000 $125,000 $305,000
2021 $3,684 $338,875 $72,237 $266,638
2020 $3,313 $305,119 $65,041 $240,078
2019 $3,161 $290,590 $61,944 $228,646
2018 $2,989 $276,754 $58,995 $217,759
2017 $2,778 $256,254 $54,625 $201,629
2016 $2,412 $226,774 $48,341 $178,433
2015 $2,192 $206,159 $43,947 $162,212
2014 $2,025 $189,136 $40,318 $148,818
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Ana Miles-Reyes

    American Realty & Financial Group

    (916) 897-3114

    2 in this area

    3 Total Sales

    Ana Miles-Reyes
    Section Image
  • Wesley Huang

    Buyer's Agent in 2021

    Wesley Huang

    Grand Realty Group

    (916) 502-3472

    10 in this area

    111 Total Sales

    Wesley Huang
    Section Image
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Map

Source: MetroList

MLS Number: 221138031

MetroList

APN: 043-0162-007

California Sacramento County Sacramento 95828

7048 Farmington Way, Sacramento, CA

This home is located at 7048 Farmington Way, Sacramento, CA 95828 since 28 October 2021 and is currently estimated at $444,343, approximately $387 per square foot. This property was built in 1963. 7048 Farmington Way is a home located in Sacramento County with nearby schools including Samuel Kennedy Elementary School, James Rutter Middle School, and Florin 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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