NOT LISTED FOR SALE

7940 Arcade Lake Ln Citrus Heights, CA 95610

Estimated Value: $275,000 - $299,000

2 Beds
2 Baths
1,124 Sq Ft
$253/Sq Ft Est. Value

Last Sold February 17, 2022

Last sale price $276,000 $246 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,333/month

116 Days on Market

Highlights

  • Water Views
  • 1 Fireplace
  • Tile Countertops
  • In Ground Pool
  • Window or Skylight in Bathroom
  • Tile Flooring

About This Home

As of February 2022

Fabulous views in great location with TONS of natural light! Surrounding a beautiful manmade lake, this complex is a hidden gem. Sellers updated light fixtures & flooring throughout. Fireplace has been updated with sleek black tile & warm wood paneling for a floor-to-ceiling focal piece. A large picture window provides a spectacular view. Kitchen overlooks balcony & lake beyond. This balcony is quite sizable compared to most with plenty of seating space, plus room for your grill! Outdoor plug is perfect for string lights overhead. Guest bedroom comes with two closets & sliding double doors. Owner's suite has dual sinks, extra storage, & private WC w/tub & shower over. Full-size laundry room in hallway is added bonus. Garage parking/storage available. Bordered along one side by the Arcade Creek, this complex feels like it's nestled in the forest while also being conveniently located near Sunrise Mall, etc.

Last Agent to Sell the Property

Kevin Majdic-Barnes

Realty One Group Complete License #02007580 Listed on: 10/14/2021

Realty One Group Complete

Last Buyer's Agent

Farhad Khan

California Realty Partners License #01482549

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,457

Year Built

  • Built in 1981

HOA Fees

  • $519 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Guest Parking

Home Design

  • Property Attached
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,124 Sq Ft Home
  • 1 Fireplace
  • Family Room
  • Combination Dining and Living Room
  • Water Views
  • Tile Countertops
  • Laundry in unit

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Separate Shower
  • Window or Skylight in Bathroom

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Central Heating and Cooling System
  • 220 Volts

Additional Features

  • In Ground Pool
  • Upper Level

Listing and Financial Details

  • Assessor Parcel Number 243-0490-001-0035

Community Details

Overview

  • Association fees include management, common areas, pool, roof, sewer, trash, insurance on structure, water, maintenance exterior, ground maintenance
  • Heilsing Association, Phone Number (925) 355-2100
  • Mandatory home owners association

Recreation

  • Community Pool

Building Details

  • Net Lease

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,457

Year Built

Built in 1981

Lot Details

0

HOA Fees

$519 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Subtype Description: Attached
  • Property Subtype 1: Condominium
  • Remodeled Updated: Unknown
  • Year Built: 1981
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Flooring: Carpet, Laminate, Tile
  • Total Bathrooms: 2
  • Bathroom Features: Shower Stall(s), Window
  • Dining Room Features: Dining/Living Combo
  • Kitchen Features: Tile Counter
  • Living Room Features: Deck Attached, View
  • Main Level: Bedroom(s), Living Room, Dining Room, Family Room, Full Bath(s), Kitchen
  • Price Per Square Foot: 245.55
  • Square Footage: 1124.00

Exterior Features

  • Construction Materials: Frame, Wood
  • Disclosures/Documents: Association Docs, CC&Rs, Seller Property Questionnaire, TDS Available
  • Foundation: Pillar/Post/Pier, Other
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 275000.00
  • Lot Features: Low Maintenance
  • New Construction: No
  • Pool Features: Built-In
  • Pool: Yes
  • Roof: Composition
  • Spa: No
  • View Description: Water

Garage/Parking

  • Garage Spaces: 1.00
  • Parking Features: Detached, Guest Parking Available

Utilities

  • Security: Carbon Mon Detector, Smoke Detector
  • Sewer: In & Connected
  • Utilities: Public
  • Cooling: Central
  • Electric: 220 Volts
  • Heating: Central
  • Laundry Features: Inside Room
  • Water Source: Public

Condo/Co-op/Association

  • Association Features: Pool
  • Association Fee: 519
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Management, Common Areas, Pool, Roof, Sewer, Trash, Insurance on Structure, Water, Maintenance Exterior, Maintenance Grounds
  • Association Name: Heilsing
  • Association Phone: (925) 355-2100
  • Association: Yes
  • Senior Community: No
  • Location of Unit: Upper Level
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Mandatory Association: Yes

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: San Juan Unified

Lot Info

  • Zoning Description: RD10
  • Irrigation: Public District
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Type: Net

Multi Family

Tax Info

  • Assessor Parcel Number: 243-0490-001-0035
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2021
Closed on
Feb 14, 2022
Sold by
Rose Knight and Rose Taylor
Bought by
Singh Roshni Devi and Manchandia Suneet
Seller's Agent
Kevin Majdic-Barnes
Realty One Group Complete
Buyer's Agent
Farhad Khan
California Realty Partners
Sold Price
$276,000
Current Estimated Value
$278,693

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,693
Avg. Annual Appreciation
-0.52%

Purchase Details

Listed on
Oct 5, 2018
Closed on
Nov 26, 2018
Sold by
Tasler Dixie
Bought by
Knight Matthew and Knight Taylor Rose
Seller's Agent
Mike Herzog
Keller Williams Realty
Buyer's Agent
Kevin Majdic-Barnes
Realty One Group Complete
List Price
$217,000
Sold Price
$215,000
Premium/Discount to List
-$2,000
-0.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.09%
Original Mortgage
$208,550
Interest Rate
4.8%
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
Singh Roshni Devi $276,000 Chicago Title
Manchandia Suneet -- Chicago Title
Knight Matthew $215,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Knight Matthew $213,500
Previous Owner Knight Matthew $208,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2022 02/21/22 Off Market $276,000 -- --
02/17/2022 02/17/22 Sold $276,000 0.0% $246 / Sq Ft
02/07/2022 02/07/22 Pending -- -- --
01/24/2022 01/24/22 For Sale -- -- --
12/30/2021 12/30/21 Off Market $276,000 -- --
12/19/2021 12/19/21 For Sale -- -- --
10/20/2021 10/20/21 Pending -- -- --
10/14/2021 10/14/21 For Sale $275,000 +27.9% $245 / Sq Ft
12/03/2018 12/03/18 Sold $215,000 +0.9% $191 / Sq Ft
11/02/2018 11/02/18 Pending -- -- --
11/01/2018 11/01/18 Price Changed $213,000 -1.8% $190 / Sq Ft
10/05/2018 10/05/18 For Sale $217,000 -- $193 / 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 $3,457 $292,892 $79,590 $213,302
2024 $3,457 $287,150 $78,030 $209,120
2023 $3,369 $281,520 $76,500 $205,020
2022 $2,747 $226,001 $63,070 $162,931
2021 $2,701 $221,571 $61,834 $159,737
2020 $2,651 $219,300 $61,200 $158,100
2019 $2,598 $215,000 $60,000 $155,000
2018 $1,456 $126,087 $40,407 $85,680
2017 $1,440 $123,615 $39,615 $84,000
2016 $1,171 $106,329 $37,974 $68,355
2015 $1,077 $98,454 $35,162 $63,292
2014 $1,021 $93,766 $33,488 $60,278
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 221131630

MetroList

APN: 243-0490-001-0035