NOT LISTED FOR SALE

7904 Fair Oaks Blvd Carmichael, CA 95608

Estimated Value: $402,516

1.25 Acres
$322,013 Price per Acre
54,450 Sq Ft Lot

Last Sold October 06, 2021

Last sale price $390,000 $152 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,693/month

185 Days on Market

About This Lot

As of October 2021

Take advantage of a great opportunity on 1.25 Acres in this very desirable Carmichael location!! The County of Sacramento has adopted a development plan called Fair Oaks Boulevard Corridor Plan to revitalize and enhance Fair Oaks Blvd, so they're eager to cooperate and are ready for a new development project here (The County will be potentially flexible with the zoning allowing Mixed Use or Residential). This property had received a prior Tentative Subdivision Map approval for 17 single family units (including 4 mixed-use, commercial residential units). Numerous prior planning and development documents including site plans, plot maps, topography documents, and other additional information are provided in the MLS private attachments (agent access) and/or can be obtained from listing agent upon request. Use your imagination and creativity and pounce on this opportunity while it's available!!

Last Agent to Sell the Property

Brad VanDenHoek

California Real Estate Group License #01162695 Listed on: 03/29/2021

Last Buyer's Agent

Saeed Ahmed

MAXREAL License #01468619

Property Details

Property Type

Land

Est. Annual Taxes

$6,577

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential Acreage
  • Primary Residence: See Remarks
  • Directions: From Sunrise Blvd and Fair Oaks take Fair Oaks towards Carmichael/Manzanita Ave. It's located on the left, right before Fair Oaks and California.
  • Horses: No
  • Road Frontage Type: City Street, See Remarks
  • Road Surface Type: See Remarks
  • Special Features: None

Interior Features

  • Other Equipment: None
  • Possible Use: See Remarks, Other

Exterior Features

  • Additional Living Units: No
  • Soil: See Remarks
  • Disclosures: Topographic Map, See Remarks, Other
  • Fencing: Chain Link, Wood, Full
  • Lot Features: Shape Regular, See Remarks
  • Other Structures: None

Utilities

  • Sewer: None, See Remarks
  • Utilities: See Remarks
  • Water Source: None, See Remarks

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: San Juan Unified

Lot Info

  • Crops: See Remarks
  • Current Use: Vacant, See Remarks, Other
  • Development Status: Raw Land, See Remarks
  • Lot Size Sq Ft: 54450
  • Zoning: BP
  • Zoning Description: See Remarks,Other

Tax Info

  • Bonds/Assessments/Taxes Description: Transfer Tax County,Other
  • Bonds/Assessments/Taxes: Yes

Multi Family

  • Income Includes: None

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2021
Closed on
Oct 5, 2021
Sold by
Bibi Sara
Bought by
Nazar Rehman
Seller's Agent
Brad VanDenHoek
California Real Estate Group
Buyer's Agent
Saeed Ahmed
MAXREAL
Sold Price
$390,000
Current Estimated Value
$402,516

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,516
Avg. Annual Appreciation
0.06%

Purchase Details

Closed on
Apr 6, 2021
Sold by
Azarm Fereydoun and Sadri Mehdi
Bought by
Azarm Fereydoun and Zandkarimi Ali

Purchase Details

Closed on
Dec 17, 2019
Sold by
Fma Development Llc
Bought by
Azarm Fereydoun and Sadri Mehdi

Purchase Details

Closed on
Oct 14, 2008
Sold by
Seastar Inc
Bought by
Fma Development Llc

Purchase Details

Closed on
Jan 4, 2006
Sold by
Fma Development Llc
Bought by
Seastar Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$746,000
Interest Rate
6.27%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 5, 2005
Sold by
Koraf Enterprises Inc
Bought by
Fma Development Llc
Source: Public Records

Range of Values:

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ICE

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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
Nazar Rehman -- North American Title Co Inc
Nazar Rehman -- North American Title Co Inc
Karimi Abdul S -- North American Title Co Inc
Karimi Abdul S -- North American Title Co Inc
Azarm Fereydoun -- None Available
Azarm Fereydoun -- None Available
Fma Development Llc $600,000 North American Title Co
Seastar Inc $995,000 Alliance Title Company
Fma Development Llc $775,000 Alliance Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Seastar Inc $746,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2021 10/06/21 Sold $390,000 -2.3% $152 / Sq Ft
09/30/2021 09/30/21 Pending -- -- --
05/30/2021 05/30/21 For Sale -- -- --
05/09/2021 05/09/21 Pending -- -- --
03/29/2021 03/29/21 For Sale $399,000 -- $156 / 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 $6,577 $413,871 $413,871 --
2024 $6,577 $405,756 $405,756 --
2023 $6,453 $397,800 $397,800 $0
2022 $6,312 $390,000 $390,000 $0
2021 $6,392 $399,000 $399,000 $0
2020 $7,029 $480,000 $480,000 $0
2019 $6,992 $623,376 $623,376 $0
2018 $8,565 $611,153 $611,153 $0
2017 $8,492 $599,170 $599,170 $0
2016 $6,945 $587,422 $587,422 $0
2015 $6,843 $578,599 $578,599 $0
2014 $6,702 $567,266 $567,266 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 221026425

MetroList

APN: 260-0310-025