NOT LISTED FOR SALE

7116 Rio Cavado Way Elk Grove, CA 95757

South West Elk Grove Neighborhood

Estimated Value: $785,959 - $815,000

4 Beds
3 Baths
3,052 Sq Ft
$264/Sq Ft Est. Value

Last Sold May 10, 2013

Last sale price $350,000 $115 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $5,004/month

59 Days on Market

Highlights

  • Contemporary Architecture
  • No HOA
  • Central Heating
  • Carroll Elementary School Rated A-
  • Double Pane Windows
  • 5-minute walk to Machado Dairy Park

About This Home

As of May 2013

Spacious single story. Fabulous floor plan. Huge master suite. Separate family & living rooms with dining areas. Dining bar in kitchen. Large patio with Koi pond. Low maintenance backyard. 3 car garage.

Last Agent to Sell the Property

Diane Briggs

RE/MAX Gold Elk Grove License #01410348 Listed on: 03/02/2013

Last Buyer's Agent

Mike Chan

Reliant Realty Inc. License #01727252

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,539

Year Built

  • Built in 2004

Lot Details

  • 8,059 Sq Ft Lot
  • South Facing Home
  • Back Yard Fenced
  • Zoning described as RD-4

Parking

  • 3 Car Garage

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 3,052 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Family Room with Fireplace
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Central Heating

Community Details

  • No Home Owners Association
  • Machado Dairy Subdivision

Listing and Financial Details

  • Assessor Parcel Number 132-1240-058-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,539

Year Built

Built in 2004

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Subtype Description: Detached
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: No
  • Year Built: 2004
  • Architectural Style: Contemporary
  • Stories: 1
  • Subdivision: Machado Dairy
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher,Disposal,Double Oven,Gas Cook Top,Microwave
  • Fireplace Features: Family Room
  • Fireplaces: 1
  • Flooring: Carpet,Tile
  • Master Bathroom Features: Double Sinks,Shower Stall(s),Tile,Tub,Walk-In Closet
  • Master Bedroom Features: Ground Floor
  • Bathroom Features: Double Sinks,Shower Stall(s),Tile,Tub w/Shower Over
  • Bathrooms: 3.00
  • Dining Room Features: Dining Bar,Dining/Family Combo,Dining/Living Combo,Space in Kitchen
  • Kitchen Features: Tile Counter,Island w/Sink,Kitchen/Family Combo,Pantry Closet
  • Room Type: Baths Other,Family Room,Master Bathroom,Master Bedroom
  • Price Per Square Foot: 114.68
  • Square Footage: 3052
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Stucco,Wood
  • Property Faces: South
  • Disclosures/Documents: CC&Rs
  • Fencing: Back Yard
  • Foundation: Slab
  • Horse Property: No
  • Listing Price: 340000.00
  • Lot Features: Auto Sprinkler F&R,Curb(s),Shape Regular
  • Patio And Porch Features: Covered Patio,Uncovered Patio
  • Pool: No
  • Road Surface Type: Paved
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Attached,Garage Door Opener
  • Driveway/Sidewalks: Paved Sidewalk

Utilities

  • Security: Smoke Detector
  • Sewer: In & Connected
  • Utilities: All Public,Natural Gas Connected
  • Cooling: Ceiling Fan(s),Central
  • Electric: 220 Volts,220 Volts in Laundry
  • Heating: Central
  • Laundry Features: Cabinets,Inside Room
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Elk Grove Unified

Lot Info

  • Zoning Description: RD-4
  • Lot Size Acres: 0.1850
  • Lot Dimensions: 0x0
  • Lot Size Sq Ft: 8059

Tax Info

  • Assessor Parcel Number: 132-1240-058-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2013
Closed on
May 1, 2013
Sold by
Alvarez Jose and Alvarez Ida C
Bought by
Chiu Kin Hung and Chiu Vivian Lei
Seller's Agent
Diane Briggs
RE/MAX Gold Elk Grove
Buyer's Agent
Mike Chan
Reliant Realty Inc.
List Price
$340,000
Sold Price
$350,000
Premium/Discount to List
$10,000
2.94%
Current Estimated Value
$807,256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$457,256
Avg. Annual Appreciation
7.07%
Original Mortgage
$230,000
Outstanding Balance
$53,263
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$753,477

Purchase Details

Closed on
Oct 22, 2004
Sold by
Len Machado Partners Llc
Bought by
Alvarez Jose and Alvarez Ida C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,850
Interest Rate
5.74%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

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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
Chiu Kin Hung $350,000 First American Title Company
Alvarez Jose $541,500 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chiu Kin Hung $230,000
Previous Owner Alvarez Jose $577,000
Previous Owner Alvarez Jose $556,000
Previous Owner Alvarez Jose $432,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2013 05/10/13 Sold $350,000 +2.9% $115 / Sq Ft
04/30/2013 04/30/13 Pending -- -- --
03/02/2013 03/02/13 For Sale $340,000 -- $111 / 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 $6,539 $430,988 $80,037 $350,951
2024 $6,539 $422,538 $78,468 $344,070
2023 $6,397 $414,254 $76,930 $337,324
2022 $6,281 $406,132 $75,422 $330,710
2021 $6,174 $398,170 $73,944 $324,226
2020 $6,094 $394,088 $73,186 $320,902
2019 $5,990 $386,361 $71,751 $314,610
2018 $5,857 $378,787 $70,345 $308,442
2017 $5,763 $371,361 $68,966 $302,395
2016 $5,541 $364,080 $67,614 $296,466
2015 $5,454 $358,612 $66,599 $292,013
2014 $5,344 $351,588 $65,295 $286,293
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2013

    Diane Briggs

    RE/MAX

  • M

    Buyer's Agent in 2013

    Mike Chan

    Reliant Realty Inc.

    (916) 952-6086

    5 in this area

    33 Total Sales

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Map

Source: MetroList

MLS Number: 13011371

MetroList

APN: 132-1240-058

California Sacramento County Elk Grove 95757 South West Elk Grove

7116 Rio Cavado Way, Elk Grove, CA

This home is located at 7116 Rio Cavado Way, Elk Grove, CA 95757 since 02 March 2013 and is currently estimated at $806,740, approximately $264 per square foot. This property was built in 2004. 7116 Rio Cavado Way is a home located in Sacramento County with nearby schools including Carroll Elementary School, Toby Johnson Middle School, and Franklin 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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