NOT LISTED FOR SALE

7601 Oak Top Way Fair Oaks, CA 95628

Estimated Value: $704,000 - $790,000

4 Beds
4.5 Baths
3,619 Sq Ft
$208/Sq Ft Est. Value

Last Sold June 15, 2012

Last sale price $240,000 $66 Per Sq Ft

Est. 214% increase in value since last sale

Current estimated payment $4,286/month

122 Days on Market

Highlights

  • Ranch Style House
  • Corner Lot
  • No HOA
  • 2 Fireplaces
  • Open Floorplan
  • 5-minute walk to Bannister Park

About This Home

As of June 2012

Rare Corner Home with just Under 3700 Square Feet! 4Bedrooms 4.5 bath. 2 Homes in one! Separate Living quarters, 2 Separate Master Suites. Nice set up for larger family or rent out other unit for income. 2 Story has 2342 Square feet. 1 story has 1277 Square feet.

Last Agent to Sell the Property

Chris White

Coldwell Banker Realty License #01893605 Listed on: 11/14/2011

Last Buyer's Agent

Chris White

Coldwell Banker Realty License #01893605 Listed on: 11/14/2011

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,693

Year Built

  • Built in 1977

Lot Details

  • 10,019 Sq Ft Lot
  • Landscaped
  • Corner Lot
  • Level Lot
  • Front Yard Sprinklers

Parking

  • 3 Car Attached Garage

Home Design

  • Ranch Style House
  • Raised Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 3,619 Sq Ft Home
  • 2 Fireplaces
  • Solar Screens
  • Open Floorplan
  • Living Room
  • Carpet
  • 220 Volts In Laundry

Kitchen

  • Free-Standing Electric Oven
  • Microwave
  • Dishwasher
  • Tile Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Separate Shower

Home Security

  • Prewired Security
  • Fire and Smoke Detector

Outdoor Features

  • Covered Patio or Porch
  • Shed

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 242-0182-039-0000

Community Details

Overview

  • No Home Owners Association
  • Bannister Woods Subdivision

Building Details

  • Net Lease

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,693

Year Built

Built in 1977

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Subtype Description: Attached
  • Property Subtype 1: 2 Houses on Lot
  • Year Built: 1977
  • Architectural Style: Ranch
  • Subdivision: Bannister Woods
  • ResoPropertyType: Residential
  • Special Features: 12
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Free Standing Electric Oven, Microwave
  • Fireplace Features: Living Room
  • Fireplaces: 2
  • Flooring: Carpet
  • Master Bathroom Features: Shower Stall(s)
  • Master Bedroom Features: Walk-In Closet
  • Total Bathrooms: 5
  • Bathroom Features: Shower Stall(s)
  • Dining Room Features: Dining/Living Combo
  • Kitchen Features: Tile Counter, Kitchen/Family Combo
  • Room Type: Baths Other, Master Bathroom, Master Bedroom
  • Price Per Square Foot: 66.32
  • Square Footage: 3619.00
  • Window Features: Solar Screens
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Other Structures: Shed(s)
  • Construction Materials: Frame, Wood
  • Foundation: Raised
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 225000.00
  • Lot Features: Auto Sprinkler Front, Corner, Landscape Front
  • New Construction: No
  • Patio And Porch Features: Covered Patio
  • Pool: No
  • Roof: Composition
  • Spa: No
  • Topography: Level

Garage/Parking

  • Garage Spaces: 3.00
  • Parking Features: Attached
  • Driveway/Sidewalks: Sidewalk/Curb/Gutter

Utilities

  • Security: Security System Prewired, Smoke Detector
  • Sewer: In & Connected
  • Utilities: Public
  • Cooling: Central
  • Electric: 220 Volts in Laundry
  • Heating: Central
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: San Juan Unified

Lot Info

  • Zoning Description: RD 5
  • Lot Size Acres: 0.2300
  • Lot Dimensions: 100x102
  • Lot Size Sq Ft: 10019.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Type: Net

Multi Family

Tax Info

  • Assessor Parcel Number: 242-0182-039-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 3, 2016
Sold by
Rankin David
Bought by
Rankin David and Rankin Claudia
Current Estimated Value
$752,623

Purchase Details

Listed on
Nov 14, 2011
Closed on
Jun 13, 2012
Sold by
Bignell Sharon R
Bought by
Rankin David
Seller's Agent
Chris White
Coldwell Banker Realty
Buyer's Agent
Chris White
Coldwell Banker Realty
List Price
$249,000
Sold Price
$240,000
Premium/Discount to List
-$9,000
-3.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.93%
Original Mortgage
$190,000
Outstanding Balance
$131,429
Interest Rate
3.79%
Mortgage Type
New Conventional
Estimated Equity
$621,194

Purchase Details

Closed on
Sep 29, 2005
Sold by
Bignell Sharon R
Bought by
The Sharon R Bignell Trust 1996

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,650
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 23, 2005
Sold by
Bignell Sharon R and Bignell Tracy
Bought by
Bignell Sharon R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,650
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 11, 2003
Sold by
Bignell Sharon R and Bignell Tracy
Bought by
Bignell Sharon R and Bignell Tracy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 29, 2001
Sold by
Bignell Sharon
Bought by
Bignell Sharon and Bignell Tracy

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
6.63%

Purchase Details

Closed on
Jun 23, 2001
Sold by
Snyder Clifton
Bought by
Bignell Sharon R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,200
Interest Rate
7.24%

Purchase Details

Closed on
Jun 22, 2001
Sold by
Berning Dixie E and The Dixie E Berning Revocable
Bought by
Bignell Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,200
Interest Rate
7.24%

Purchase Details

Closed on
Aug 3, 1998
Sold by
Harrington Judy K Gibson and Gibson Judy K
Bought by
Berning Dixie E and Dixie E Berning Revocable Trus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.95%

Purchase Details

Closed on
Sep 12, 1996
Sold by
Gibson Judi K and Peterson Mildred H
Bought by
Gibson Judi K
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
Rankin David -- None Available
Rankin David $331,000 Cornerstone Title Company
The Sharon R Bignell Trust 1996 -- --
Bignell Sharon R -- Alliance Title Company
Bignell Sharon R -- Financial Title Company
Bignell Sharon -- Fidelity National Title Co
Bignell Sharon R -- Chicago Title Co
Bignell Sharon $329,000 Chicago Title Co
Berning Dixie E $243,000 North American Title Guarant
Gibson Judi K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rankin David $190,000
Previous Owner Bignell Sharon R $359,650
Previous Owner Bignell Sharon R $275,000
Previous Owner Bignell Sharon $270,000
Previous Owner Bignell Sharon $263,200
Previous Owner Berning Dixie E $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2012 06/15/12 Sold $240,000 -3.6% $66 / Sq Ft
03/14/2012 03/14/12 Pending -- -- --
11/13/2011 11/13/11 For Sale $249,000 -- $69 / 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 $3,693 $301,439 $62,796 $238,643
2024 $3,693 $295,529 $61,565 $233,964
2023 $3,586 $289,735 $60,358 $229,377
2022 $3,572 $284,055 $59,175 $224,880
2021 $3,503 $278,486 $58,015 $220,471
2020 $3,453 $275,632 $57,421 $218,211
2019 $3,365 $270,229 $56,296 $213,933
2018 $3,292 $264,932 $55,193 $209,739
2017 $3,259 $259,738 $54,111 $205,627
2016 $3,047 $254,646 $53,050 $201,596
2015 $2,995 $250,822 $52,254 $198,568
2014 $2,932 $245,910 $51,231 $194,679
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 11080868

MetroList

APN: 242-0182-039