NOT LISTED FOR SALE

720 Summit Lakes Way Galt, CA 95632

Estimated Value: $491,000 - $541,000

3 Beds
2 Baths
1,337 Sq Ft
$383/Sq Ft Est. Value

Last Sold June 13, 2022

Last sale price $505,000 $378 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,276/month

5 Days on Market

Highlights

  • Cathedral Ceiling
  • Laundry closet
  • Central Heating
  • No HOA
  • Zero Lot Line
  • Family or Dining Combination

About This Home

As of June 2022

Welcome to 720 Summit Lakes Way- a single story home nestled in the quiet & desirable River Oaks neighborhood of Galt. Inviting curb appeal highlighted by xeriscape front yard for easy maintenance & responsible water management. Open room concept is all the rage & that's precisely what this modern farmhouse decorated home offers & more. Family room & dining area open to a well appointed kitchen: shaker style cabinets, marble counters, recessed lighting, huge island with tons of storage capacity, bar seating with pendant lights & large single basin sink. Shiplap finishes, laminate flooring and a number of windows producing natural light bring the spaces together seamlessly. Spacious primary bedroom features backyard access, wide reach in closet & en suite bathroom: dual vanity, shower stall with marble tile surround, modern plumbing & light fixtures. Private yard offers concrete patio for entertaining, no rear neighbors, tool shed, wide gate access on a zero lot line. This is the one!

Last Agent to Sell the Property

Doug Stephan

Crown Real Estate & Mortgage License #01484887 Listed on: 05/04/2022

Last Buyer's Agent

Patty Hill

Keller Williams Realty License #02148565

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,914

Year Built

  • Built in 1990 | Remodeled

Lot Details

  • 5,667 Sq Ft Lot
  • Zero Lot Line

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Slab Foundation
  • Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,337 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Family or Dining Combination
  • Carbon Monoxide Detectors
  • Laundry closet

Kitchen

  • Built-In Gas Oven
  • Microwave

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating
  • Natural Gas Connected

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 150-0450-042-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,914

Year Built

Built in 1990 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Subtype Description: Detached
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: Yes
  • Stories: 1
  • Year Built: 1990
  • Remodeled/Updated Desc: Kitchen 0-5YR
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Gas Oven, Microwave
  • Flooring: Laminate, Vinyl
  • Total Bathrooms: 2
  • Bathroom Features: Tile,Tub w/Shower Over
  • Dining Room Features: Dining/Family Combo
  • Kitchen Features: Granite Counter,Slab Counter
  • Living Room Features: Cathedral/Vaulted
  • Main Level: Bedroom(s),Living Room,Dining Room,Family Room,Master Bedroom,Full Bath(s),Garage,Kitchen
  • Price Per Square Foot: 377.71
  • Square Footage: 1337.00

Exterior Features

  • Construction Materials: Stucco, Frame
  • Foundation: Slab
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 499900.00
  • Lot Features: Zero Lot Line, Low Maintenance
  • Pool: No
  • Roof: Tile
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking Features: Attached, Garage Door Opener

Utilities

  • Security: Carbon Mon Detector
  • Sewer: In & Connected
  • Utilities: Electric, Natural Gas Connected
  • Cooling: Ceiling Fan(s)
  • Electric: Other
  • Heating: Central
  • Laundry Features: Laundry Closet
  • Water Source: Meter on Site, Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Schools

  • Senior High School District: Galt Joint UHS

Lot Info

  • Zoning Description: Res
  • Irrigation: Other
  • Lot Size Acres: 0.1301
  • Lot Size Sq Ft: 5667.00

Tax Info

  • Assessor Parcel Number: 150-0450-042-0000
  • Bonds/Assessments/Taxes Description: Local Assessments
  • Bonds/Assessments/Taxes: Yes

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2018
Closed on
Oct 22, 2018
Sold by
Bauer Jonathan and Bauer Megan
Bought by
Freed Mark and Freed Tomi
Seller's Agent
Marc Caraska
Reliant Realty Inc.
Buyer's Agent
Tori Leicht
Coldwell Banker Realty
List Price
$355,000
Sold Price
$342,500
Premium/Discount to List
-$12,500
-3.52%
Current Estimated Value
$508,253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,753
Avg. Annual Appreciation
6.10%
Original Mortgage
$353,802
Interest Rate
4.6%
Mortgage Type
VA

Purchase Details

Closed on
Aug 25, 2017
Sold by
Moon Joan
Bought by
Bauer Jonathan and Bauer Megan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,462
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 25, 2000
Sold by
Moon John D and Moon Beverly June
Bought by
Moon John D and Moon Beverly J

Purchase Details

Closed on
May 11, 1999
Sold by
Powers Dennis R and Powers Diane M
Bought by
Moon John D and Moon Beverly June

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.92%

Purchase Details

Closed on
May 13, 1996
Sold by
Landers William Donald and Landers Dawn Marie
Bought by
Powers Dennis R and Powers Diane M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
7.8%
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
Freed Mark $342,500 Chicago Title Company
Bauer Jonathan -- None Available
Moon John -- Fidelity National Title Comp
Moon John D -- --
Moon John D $110,000 Sacramento Title Company
Powers Dennis R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Freed Mark $354,865
Closed Freed Mark $358,785
Closed Freed Mark $353,802
Previous Owner Bauer Jonathan $36,000
Previous Owner Bauer Jonathan $262,000
Previous Owner Moon John $259,462
Previous Owner Moon John D $50,000
Previous Owner Powers Dennis R $78,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2022 06/13/22 Sold $505,000 +1.0% $378 / Sq Ft
05/09/2022 05/09/22 Pending -- -- --
05/04/2022 05/04/22 For Sale $499,900 +46.0% $374 / Sq Ft
11/01/2018 11/01/18 Sold $342,500 -2.1% $256 / Sq Ft
09/28/2018 09/28/18 Pending -- -- --
09/07/2018 09/07/18 Price Changed $350,000 -1.4% $262 / Sq Ft
09/01/2018 09/01/18 For Sale $355,000 0.0% $266 / Sq Ft
08/24/2018 08/24/18 Pending -- -- --
08/16/2018 08/16/18 For Sale $355,000 -- $266 / 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 $5,914 $535,910 $132,651 $403,259
2024 $5,914 $525,402 $130,050 $395,352
2023 $5,814 $515,100 $127,500 $387,600
2022 $3,985 $360,028 $94,606 $265,422
2021 $3,988 $352,969 $92,751 $260,218
2020 $3,954 $349,350 $91,800 $257,550
2019 $3,857 $342,500 $90,000 $252,500
2018 $1,248 $151,543 $34,437 $117,106
2017 $293 $148,572 $33,762 $114,810
2016 $310 $145,659 $33,100 $112,559
2015 $525 $143,472 $32,603 $110,869
2014 $523 $140,663 $31,965 $108,698
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 222056766

MetroList

APN: 150-0450-042