7625 Ferrell Way Elk Grove, CA 95757
South West Elk Grove Neighborhood
5
Beds
2.5
Baths
2,192
Sq Ft
6,662
Sq Ft Lot
Highlights
- 1 Fireplace
- No HOA
- 1-Story Property
- Zehnder Ranch Elementary Rated A
- Central Heating
- 3-minute walk to Oasis Park
About This Home
As of May 2021WOW! Almost brand new home (2015 built), but with lot of upgrades after seller bought from builder. Seller spent Tens of Thousands of $$ on upgrades for developing inside & outside house including backyard but then had to move due to job. Seller barely lived in house. Seller loss is buyer gain. Situated in prestigious Elk Grove community with new homes. 5 bed room, 2.5 baths with 3 car tandem garage. Dream Kitchen. Centrally located to many parks, shopping centers. REDUCED PRICE
Last Agent to Sell the Property
Gurprit Hansra
Costless Realty License #01133817 Listed on: 05/20/2016
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,006
Year Built
- Built in 2015
Lot Details
- 6,662 Sq Ft Lot
- Zoning described as R1
Parking
- 3 Car Garage
Home Design
- Slab Foundation
- Tile Roof
Interior Spaces
- 2,192 Sq Ft Home
- 1-Story Property
- 1 Fireplace
Bedrooms and Bathrooms
- 5 Bedrooms
Laundry
- Laundry in unit
- 220 Volts In Laundry
Utilities
- Central Heating
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 132-2320-047-0000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 25, 2021
Closed on
Apr 30, 2021
Sold by
Fok Elaine M
Bought by
Tong Phillip and Tong Dunnie Lee
Seller's Agent
Sean Chao
Sacramento Realty Services Inc
Buyer's Agent
Eric Hui
Outstanding Investment Co.
List Price
$569,800
Sold Price
$600,000
Premium/Discount to List
$30,200
5.3%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,253
Avg. Annual Appreciation
4.40%
Original Mortgage
$450,000
Outstanding Balance
$409,542
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$309,781
Purchase Details
Listed on
May 20, 2016
Closed on
Jul 12, 2016
Sold by
Kaur Gursev
Bought by
Fok Elaine M
Seller's Agent
Gurprit Hansra
Costless Realty
Buyer's Agent
Sean Chao
Sacramento Realty Services Inc
List Price
$449,500
Sold Price
$420,000
Premium/Discount to List
-$29,500
-6.56%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.66%
Original Mortgage
$315,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Apr 20, 2015
Sold by
Pulte Home Corporation
Bought by
Kaur Gursev
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
3.8%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 17, 2015
Sold by
Singh Sarabjodh
Bought by
Kaur Gursev
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
3.8%
Mortgage Type
Purchase Money Mortgage
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $600,000 | Old Republic Title Company | |
| Grant Deed | $420,000 | North American Title Co Inc | |
| Grant Deed | $401,000 | First American Title Company | |
| Interfamily Deed Transfer | -- | First American Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $450,000 | New Conventional | |
| Previous Owner | $280,000 | New Conventional | |
| Previous Owner | $315,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $240,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/12/2021 05/12/21 | Sold | $600,000 | +5.3% | $274 / Sq Ft |
| 03/12/2021 03/12/21 | Pending | -- | -- | -- |
| 02/25/2021 02/25/21 | For Sale | $569,800 | +35.7% | $260 / Sq Ft |
| 07/15/2016 07/15/16 | Sold | $420,000 | -6.6% | $192 / Sq Ft |
| 06/11/2016 06/11/16 | Pending | -- | -- | -- |
| 05/19/2016 05/19/16 | For Sale | $449,500 | -- | $205 / Sq Ft |
Source: MetroList
Tax History Compared to Growth
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 | $11,006 | $649,458 | $184,013 | $465,445 |
| 2024 | $11,006 | $636,724 | $180,405 | $456,319 |
| 2023 | $10,667 | $624,240 | $176,868 | $447,372 |
| 2022 | $10,384 | $612,000 | $173,400 | $438,600 |
| 2021 | $8,546 | $450,322 | $141,510 | $308,812 |
| 2020 | $8,386 | $445,705 | $140,059 | $305,646 |
| 2019 | $8,233 | $436,966 | $137,313 | $299,653 |
| 2018 | $8,014 | $428,399 | $134,621 | $293,778 |
| 2017 | $7,851 | $420,000 | $131,982 | $288,018 |
| 2016 | $7,487 | $407,114 | $131,982 | $275,132 |
| 2015 | $3,647 | $36,199 | $36,199 | $0 |
| 2014 | $2,751 | $10,162 | $10,162 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2021
Sean Chao
Sacramento Realty Services Inc
(916) 245-0552
2 in this area
37 Total Sales
-
Buyer's Agent in 2021
Eric Hui
Outstanding Investment Co.
(510) 213-2131
3 in this area
36 Total Sales
-
G
Seller's Agent in 2016
Gurprit Hansra
Costless Realty
Map
Source: MetroList
MLS Number: 16031638
APN: 132-2320-047
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