NOT LISTED FOR SALE

Estimated Value: $630,000 - $673,000

1.2 Acres
$545,625 Price per Acre
52,272 Sq Ft Lot

Last Sold January 22, 2016

Last sale price $280,000

Est. 134% increase in value since last sale

Current estimated payment $4,399/month

39 Days on Market

Highlights

  • 1.2 Acre Lot
  • No HOA
  • Brush Vegetation
  • Edward Harris Jr. Middle School Rated A-
  • Property is Fully Fenced

About This Lot

As of January 2016

Two adjacent lots; 7716 and 7800 Shasta Avenue, being sold together (also see MLS# 15053760). Together they total approximately 2.5 acres. GREAT infill project. Potential rezone to a designation consistent with existing development in the area could yield 13+/- lots.

Last Agent to Sell the Property

Rick Keltner

Coldwell Banker Realty License #00847569 Listed on: 08/14/2015

Coldwell Banker Realty

Last Buyer's Agent

Victoria Hanly

Pacific Capital Brokers Inc. License #01432721

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,064

Lot Details

  • 1.2 Acre Lot
  • Lot Dimensions: 630
  • Property is Fully Fenced
  • Brush Vegetation
  • Possible uses of the property include Subdivision
  • Property is zoned R-1-R, Multi-Residential,Residential

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 117-0202-003-0000

Community Details

Overview

  • No Home Owners Association
  • Lucerne Meadows Subdivision

Recreation

  • Shop

Property Details

Property Type

Land

Est. Annual Taxes

$10,064

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Subtype 1: Residential Acreage
  • Primary Residence: 31+ Years Old
  • Subdivision: Lucerne Meadows
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Other Equipment: None

Exterior Features

  • Other Structures: Shop
  • Disclosures/Documents: Animals Restricted,CC&Rs,Hospital Nearby,Restaurant Nearby,Shopping Cntr Nearby,None
  • Fencing: Full
  • Horse Property: No
  • Listing Price: 305000.00
  • Lot Features: Public Trans Nearby,Shape Regular
  • Road Surface Type: Paved
  • Additional Living Units: No

Utilities

  • Utilities: Cable Available
  • Water Source: Domestic Well With Pump

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Elk Grove Unified

Lot Info

  • Zoning: R-1-R
  • Crops: None
  • Current Use: See Remarks
  • Development Status: Map Required
  • Zoning Description: Multi-Residential,Residential
  • Irrigation: Domestic Well
  • Lot Size Acres: 1.2000
  • Lot Dimensions: 630 x 83
  • Lot Size Sq Ft: 52272
  • Possible Use: Subdivision

Multi Family

  • Income Includes: None

Tax Info

  • Assessor Parcel Number: 117-0202-003-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 19, 2021
Sold by
Silverleaf 21 Llc
Bought by
Randhawa Jaspreet and Randhawa Kayla
Current Estimated Value
$654,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$486,000
Outstanding Balance
$447,202
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$207,548

Purchase Details

Closed on
Dec 29, 2020
Sold by
Elk Grove Silverleaf Llc
Bought by
Silverleaf 21 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,215,000
Interest Rate
2.71%
Mortgage Type
Construction
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
Randhawa Jaspreet $608,000 First American Title
Randhawa Jaspreet $608,000 First American Title Company
Randhawa Jaspreet $608,000 First American Title Company
Silverleaf 21 Llc $560,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Randhawa Jaspreet $486,000
Closed Randhawa Jaspreet $486,000
Previous Owner Silverleaf 21 Llc $2,215,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2016 01/22/16 Sold $280,000 -8.2% --
09/21/2015 09/21/15 Pending -- -- --
08/13/2015 08/13/15 For Sale $305,000 -- --
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 $10,064 $644,830 $169,793 $475,037
2024 $10,064 $632,187 $166,464 $465,723
2023 $10,595 $619,792 $163,200 $456,592
2022 $9,776 $607,640 $160,000 $447,640
2021 $4,861 $140,000 $140,000 $0
2020 $4,794 $129,752 $129,752 $0
2019 $4,191 $82,110 $82,110 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 15053768

MetroList

APN: 117-1600-007