NOT LISTED FOR SALE

7400 Loma Verde Way Sacramento, CA 95822

Meadowview Neighborhood

Estimated Value: $504,000 - $565,000

4 Beds
2 Baths
1,776 Sq Ft
$300/Sq Ft Est. Value

Last Sold December 07, 2022

Last sale price $499,000 $281 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,366/month

5 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • 2 Car Attached Garage
  • Ceiling Fan

About This Home

As of December 2022

Wonderful duplex offers the perfect investment opportunity in South Sacramento! Currently occupied by long term tenants. Each unit offers 2 bedrooms, 1 bath, 1-car garage with washer/dryer hook-ups, and separate backyards. Beautiful dark wood flooring, updated kitchen appliances and ample storage space in each warm and inviting unit. Corner lot offers additional convenient parking. Conveniently located, nearby to easy freeway access, shopping centers and casual dining and more.

Last Agent to Sell the Property

Tina Suter

House Real Estate License #01972926 Listed on: 11/11/2022

Co-Listed By

Tim Collom

House Real Estate License #01304855

Last Buyer's Agent

Cindy Mello

Mello Realty License #01309212

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,294

Year Built

  • Built in 1966

Lot Details

  • 7,405 Sq Ft Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Washer and Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number 049-0241-004-000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,294

Year Built

Built in 1966

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: House(s)
  • Property Subtype 1: Duplex
  • Stories: 1
  • Year Built: 1966
  • Stories: 1
  • Number of Two Bedroom Units: 2
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Price Per Square Foot: 280.97

Exterior Features

  • Construction Materials: Wood
  • Foundation: Other
  • Listing Price: 499000.00
  • Lot Features: Other
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2.00
  • Parking Features: Attached
  • Total Parking Spaces: 2.00

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: Washer/Dryer Hookups
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: R-1
  • Irrigation: Public District
  • Lot Size Acres: 0.1700
  • Lot Size Sq Ft: 7405.00

Rental Info

  • Total # Leasable: 2

Multi Family

  • Income Includes: Rent Only
  • Number of Leased Units: 2
  • Number of Month to Month Units: 2
  • Number of Units: 2

Tax Info

  • Assessor Parcel Number: 049-0241-004-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2022
Closed on
Dec 5, 2022
Sold by
Justin U Fetzer Revocable Trust
Bought by
Aggerwal Nitesh Kumar and Aggarwai Nidhi
Seller's Agent
Tina Suter
House Real Estate
Buyer's Agent
Cindy Mello
Mello Realty
List Price
$499,000
Sold Price
$499,000
Views
16
Current Estimated Value
$533,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,216
Avg. Annual Appreciation
1.96%
Original Mortgage
$374,250
Outstanding Balance
$364,012
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$162,665

Purchase Details

Closed on
Feb 12, 2020
Sold by
The Fatzer Appraisal Group Inc
Bought by
Fatzer Justin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,500
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 2019
Sold by
Fatzer Justin U
Bought by
Fatzer Appraisal Group Inc

Purchase Details

Closed on
Mar 8, 2019
Sold by
Norcal Housing Economic Development Corp
Bought by
Fatzer Justin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
9.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 15, 2019
Sold by
Carhle Investments Inc
Bought by
Fatzer Justin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
9.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 24, 2018
Sold by
Norcal Housing & Economic Development Co
Bought by
Wilson Trevon and Greer Taylor

Purchase Details

Closed on
May 4, 2018
Sold by
Hurtado Daniel
Bought by
Norcal Housing & Economic Development Co

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,000
Interest Rate
4.44%
Mortgage Type
New Conventional
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
Aggerwal Nitesh Kumar $499,000 Stewart Title
Fatzer Justin -- Wfg National Title Ins Co
Fatzer Appraisal Group Inc -- None Available
Fatzer Justin -- Orange Coast Ttl Co Of Nocal
Fatzer Justin -- None Available
Norcal Housing & Economic Development Co -- None Available
Wilson Trevon -- Orange Coast Title Company O
Norcal Housing & Economic Development Co $150,000 Orange Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aggerwal Nitesh Kumar $374,250
Previous Owner Fatzer Justin $274,500
Previous Owner Fatzer Justin $270,000
Previous Owner Norcal Housing & Economic Development Co $201,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2022 12/07/22 Sold $499,000 0.0% $281 / Sq Ft
11/16/2022 11/16/22 Pending -- -- --
11/11/2022 11/11/22 For Sale $499,000 -- $281 / 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 $6,294 $519,159 $104,040 $415,119
2024 $6,294 $508,980 $102,000 $406,980
2023 $6,139 $499,000 $100,000 $399,000
2022 $4,792 $329,779 $82,444 $247,335
2021 $4,015 $323,314 $80,828 $242,486
2020 $3,925 $310,000 $80,000 $230,000
2019 $3,660 $290,000 $70,000 $220,000
2018 $2,939 $117,063 $19,498 $97,565
2017 $4,510 $114,768 $19,116 $95,652
2016 $1,556 $112,519 $18,742 $93,777
2015 $1,527 $110,830 $18,461 $92,369
2014 $1,498 $108,660 $18,100 $90,560
Source: Public Records

Agents Affiliated with this Home

  • Tina Suter

    Seller's Agent in 2022

    Tina Suter

    House Real Estate

    (916) 247-9262

    1 in this area

    199 Total Sales

    Tina Suter
    Section Image
  • Tim Collom

    Seller Co-Listing Agent in 2022

    Tim Collom

    House Real Estate

    (916) 247-8048

    1 in this area

    455 Total Sales

    Tim Collom
    Section Image
  • Cindy Mello

    Buyer's Agent in 2022

    Cindy Mello

    Mello Realty

    (209) 207-0668

    1 in this area

    67 Total Sales

    Cindy Mello
    Section Image
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Map

Source: MetroList

MLS Number: 222141045

MetroList

APN: 049-0241-004

California Sacramento County Sacramento 95822 Meadowview

7400 Loma Verde Way, Sacramento, CA

This home is located at 7400 Loma Verde Way, Sacramento, CA 95822 since 11 November 2022 and is currently estimated at $533,216, approximately $300 per square foot. This property was built in 1966. 7400 Loma Verde Way is a home located in Sacramento County with nearby schools including Edward Kemble Elementary School, Cesar Chavez Intermediate School, and Rosa Parks Elementary 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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