NOT LISTED FOR SALE

7111 Cobalt Way Citrus Heights, CA 95621

Rusch Park Neighborhood

Estimated Value: $475,887 - $486,000

3 Beds
2 Baths
1,374 Sq Ft
$350/Sq Ft Est. Value

Last Sold May 28, 2014

Last sale price $228,500 $166 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $3,014/month

4 Days on Market

Highlights

  • No HOA
  • Bathtub with Shower
  • Tile Countertops
  • Breakfast Area or Nook
  • Patio
  • 3-minute walk to Park Oaks Park

About This Home

As of May 2014

Fantastic entry level home in established Citrus Heights neighborhood. Great layout with a seperate family room and Living room. Massive park-like back yard. Some of the features include a wood burning fireplace, double skylights to create a very bright environment, ceiling fans, tile countertops in kitchen and an indoor laundry room. ATTENTION INVESTORS.. Long Term Tenant would like to stay. Purchase this investment with a GREAT tenant in place. INSTANT CASH FLOW !

Last Agent to Sell the Property

David McCoy

Better Homes and Gardens RE License #01399989 Listed on: 04/25/2014

Better Homes and Gardens RE

Last Buyer's Agent

David McCoy

Better Homes and Gardens RE License #01399989 Listed on: 04/25/2014

Better Homes and Gardens RE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,462

Year Built

  • Built in 1974

Lot Details

  • 6,970 Sq Ft Lot
  • Zoning described as RD5

Parking

  • 2 Car Garage

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,374 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Laundry in unit

Kitchen

  • Breakfast Area or Nook
  • Tile Countertops

Bedrooms and Bathrooms

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

Outdoor Features

  • Patio
  • Shed

Utilities

  • Central Heating
  • 220 Volts
  • Natural Gas Connected

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 211-0520-019-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,462

Year Built

Built in 1974

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Subtype Description: Detached
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: No
  • Year Built: 1974
  • Stories: 1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Electric Range,Dishwasher,Free Standing Electric Oven
  • Fireplace Features: Family Room
  • Fireplaces: 1
  • Flooring: Carpet,Wood,Linoleum/Vinyl
  • Master Bathroom Features: Shower Stall(s)
  • Master Bedroom Features: Closet
  • Bathroom Features: Tub w/Shower Over
  • Bathrooms: 2.00
  • Dining Room Features: Breakfast Nook
  • Kitchen Features: Tile Counter
  • Room Type: Baths Other,Master Bathroom,Master Bedroom
  • Price Per Square Foot: 166.30
  • Square Footage: 1374

Exterior Features

  • Other Structures: Shed(s)
  • Construction Materials: Frame,Stucco
  • Disclosures/Documents: Pest Control Report Available,Roof Inspection
  • Foundation: Slab
  • Listing Price: 219000.00
  • Patio And Porch Features: Uncovered Patio
  • Pool: No
  • 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: Natural Gas Connected
  • Cooling: Ceiling Fan(s),Central
  • Electric: 220 Volts
  • Heating: Central
  • Laundry Features: Inside Room
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: San Juan Unified

Lot Info

  • Zoning Description: RD5
  • Lot Size Acres: 0.1600
  • Lot Size Sq Ft: 6970

Rental Info

  • Current Rent: 1245

Tax Info

  • Assessor Parcel Number: 211-0520-019-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2014
Closed on
May 22, 2014
Sold by
Miller T Lynne and The Banes Revocable Trust
Bought by
Stewart Michael P and Stewart Sharon L
Seller's Agent
David McCoy
Better Homes and Gardens RE
Buyer's Agent
David McCoy
Better Homes and Gardens RE
List Price
$219,000
Sold Price
$228,500
Premium/Discount to List
$9,500
4.34%
Current Estimated Value
$478,457

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$249,957
Avg. Annual Appreciation
6.87%
Original Mortgage
$236,040
Interest Rate
4.23%
Mortgage Type
VA

Purchase Details

Closed on
Jun 24, 2011
Sold by
Miller T Lynne
Bought by
Miller T Lynne and Banes Revocable Trust

Purchase Details

Closed on
Nov 2, 2010
Sold by
Miller Charles E
Bought by
Miller T Lynne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2006
Sold by
Banes Terri Lynne and Banes Lynne T
Bought by
Banes T Lynne and Banes Revocable Trust

Purchase Details

Closed on
Oct 11, 2005
Sold by
Banes Matthew Dee
Bought by
Banes Terri Lynne

Purchase Details

Closed on
Apr 23, 2002
Sold by
Schmidt Donald Henry and Schmidt Tara Suzanne
Bought by
Banes Matthew and Banes Lynne T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,600
Interest Rate
7.08%

Purchase Details

Closed on
Jun 6, 1994
Sold by
Wisdom John D and Wisdom Paula J
Bought by
Schmidt Donald Henry and Schmidt Tara Suzanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,586
Interest Rate
8.35%
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
Stewart Michael P $228,500 Old Republic Title Company
Miller T Lynne -- None Available
Miller T Lynne -- Chicago Title Company
Miller T Lynne -- Chicago Title Company
Banes T Lynne -- None Available
Banes Terri Lynne -- --
Banes Matthew $187,000 Placer Title Company
Schmidt Donald Henry $122,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stewart Sharon L $212,800
Closed Stewart Sharon L $218,415
Closed Stewart Michael P $236,040
Previous Owner Miller T Lynne $92,000
Previous Owner Banes Matthew $153,750
Previous Owner Banes Matthew $149,600
Previous Owner Schmidt Donald Henry $120,586
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2014 05/28/14 Sold $228,500 +4.3% $166 / Sq Ft
04/29/2014 04/29/14 Pending -- -- --
04/25/2014 04/25/14 For Sale $219,000 -- $159 / 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 $4,462 $280,098 $79,676 $200,422
2024 $4,462 $274,607 $78,114 $196,493
2023 $4,379 $269,224 $76,583 $192,641
2022 $4,351 $263,946 $75,082 $188,864
2021 $4,297 $258,771 $73,610 $185,161
2020 $4,239 $256,119 $72,856 $183,263
2019 $4,176 $251,098 $71,428 $179,670
2018 $4,141 $246,176 $70,028 $176,148
2017 $4,111 $241,350 $68,655 $172,695
2016 $2,706 $236,618 $67,309 $169,309
2015 $2,659 $233,064 $66,298 $166,766
2014 $2,647 $225,344 $42,173 $183,171
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2014

    David McCoy

    Better Homes and Gardens Real Estate Reliance Partners

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Map

Source: MetroList

MLS Number: 14025201

MetroList

APN: 211-0520-019

California Sacramento County Citrus Heights 95621 Rusch Park

7111 Cobalt Way, Citrus Heights, CA

This home is located at 7111 Cobalt Way, Citrus Heights, CA 95621 since 25 April 2014 and is currently estimated at $480,222, approximately $349 per square foot. This property was built in 1974. 7111 Cobalt Way is a home located in Sacramento County with nearby schools including Arlington Heights Elementary School, Sylvan Middle School, and Mesa Verde 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.

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