NOT LISTED FOR SALE

80 South Ave Sacramento, CA 95838

Oak Knoll Neighborhood

Estimated Value: $416,000 - $557,105

4.73 Acres
$105,645 Price per Acre
206,039 Sq Ft Lot

Last Sold February 11, 2021

Last sale price $450,000

Est. 11% increase in value since last sale

Current estimated payment $3,152/month

176 Days on Market

Highlights

  • 4.73 Acre Lot
  • No HOA
  • Partially Fenced Property

About This Lot

As of February 2021

APPROVED TENTATIVE SUBDIVISION MAP. South Avenue Place. 4.73 Acres - 35 SFR Homes, Zoned R1A. Well known local builder, CEC LLC one block away is building 160+ homes for their Morrison Avenue Estate subdivision. Opportunity Knocks for the small/not so small builder!Big Price Reduction!! Seller Motivated!!!

Last Agent to Sell the Property

Michael Wall

Real Estate Source Inc License #01869693 Listed on: 06/30/2020

Real Estate Source Inc

Co-Listed By

Sylviana Montano

Berkshire Hathaway Home Services Elite Real Estate License #01775503

Last Buyer's Agent

Michael Wall

Real Estate Source Inc License #01869693 Listed on: 06/30/2020

Real Estate Source Inc

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,281

Lot Details

  • 4.73 Acre Lot
  • Partially Fenced Property
  • Possible uses of the property include Residential,Single Family,Subdivision
  • Property is zoned R-1A, Multi-Residential,Planned Unit Development,Residential

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 250-0122-004-0000

Property Details

Property Type

Land

Est. Annual Taxes

$6,281

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Subtype 1: Residential Acreage
  • Primary Residence: None
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Other Equipment: None

Exterior Features

  • Other Structures: None
  • Disclosures/Documents: Subdivision Info,See Remarks
  • Fencing: Partial
  • Listing Price: 595000.00
  • Lot Features: Shape Regular
  • Road Surface Type: Paved
  • Additional Living Units: No

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning: R-1A
  • Crops: None
  • Current Use: Vacant
  • Development Status: Final Map Filed,Improvement Plans Available,Tentative Map Filed
  • Zoning Description: Multi-Residential,Planned Unit Development,Residential
  • Irrigation: Public District
  • Lot Size Acres: 4.7300
  • Lot Size Sq Ft: 206039
  • Possible Use: Residential,Single Family,Subdivision

Multi Family

  • Income Includes: Improvements

Tax Info

  • Assessor Parcel Number: 250-0122-004-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2020
Closed on
Feb 9, 2021
Sold by
Maan Jasvir and Maan Sukhminder
Bought by
South Avenue 35 Llc
Seller's Agent
Michael Wall
Real Estate Source Inc
Buyer's Agent
Michael Wall
Real Estate Source Inc
List Price
$750,000
Sold Price
$450,000
Premium/Discount to List
-$300,000
-40%
Current Estimated Value
$499,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,702
Avg. Annual Appreciation
2.24%

Purchase Details

Closed on
Aug 2, 2018
Sold by
Pela Oghenekevwe Vero
Bought by
Pela Omar U

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 6, 2018
Sold by
Kumar Vimal and Kumar Tara
Bought by
Maan Jasvir and Maan Sukhminder

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 13, 2012
Sold by
Luthra Virender K K and Luthra Tripta
Bought by
Luthra Virender K

Purchase Details

Closed on
May 15, 2009
Sold by
Villa Diamante Llc
Bought by
Luthra Virender K and Luthra Tripta

Purchase Details

Closed on
Sep 4, 2007
Sold by
Kimball Hill Homes Of California Inc
Bought by
Villa Diamante Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,330,000
Interest Rate
6.57%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 18, 2005
Sold by
Matson Dave and Corwin Joe
Bought by
Kimball Hill Homes California Inc

Purchase Details

Closed on
Oct 3, 2003
Sold by
Corwin Yunny
Bought by
Corwin Joe E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.22%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 23, 2003
Sold by
Nash Dennis E
Bought by
Matson Dave and Corwin Joe E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.22%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 23, 1998
Sold by
Nash Dennis E
Bought by
Matonis Sallie A

Purchase Details

Closed on
May 31, 1996
Sold by
Metcalfe K David and Nash Dennis
Bought by
Nash Dennis and Nash Mollie
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
South Avenue 35 Llc $450,000 Orange Coast Ttl Co Of Nocal
Pela Omar U -- Old Republic Title Company
Maan Jasvir $330,000 Old Republic Title Company
Luthra Virender K -- None Available
Luthra Virender K $1,000 First American Title Ins Co
Villa Diamante Llc $450,000 Placer Title Company
Kimball Hill Homes California Inc $2,250,000 First American Title Co
Corwin Joe E -- Orange Coast Title Company
Matson Dave -- Orange Coast Title Company
Matson Dave $200,000 Orange Coast Title Company
Nash Dennis E $200,000 Orange Coast Title Company
Matonis Sallie A -- --
Nash Dennis $150,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maan Jasvir $180,000
Previous Owner Villa Diamante Llc $1,330,000
Previous Owner Nash Dennis E $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/11/2021 02/11/21 Sold $450,000 -24.4% --
12/23/2020 12/23/20 Pending -- -- --
11/16/2020 11/16/20 Price Changed $595,000 -20.7% --
10/06/2020 10/06/20 For Sale $750,000 0.0% --
08/28/2020 08/28/20 Pending -- -- --
08/21/2020 08/21/20 For Sale $750,000 0.0% --
08/03/2020 08/03/20 Pending -- -- --
06/30/2020 06/30/20 For Sale $750,000 -- --
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 $6,281 $487,093 $487,093 --
2024 $6,281 $477,543 $477,543 --
2023 $6,141 $468,180 $468,180 $0
2022 $5,877 $459,000 $459,000 $0
2021 $4,598 $340,087 $340,087 $0
2020 $6,079 $336,600 $336,600 $0
2019 $4,505 $330,000 $330,000 $0
2018 $3,601 $260,302 $260,302 $0
2017 $3,674 $255,199 $255,199 $0
2016 $3,658 $250,196 $250,196 $0
2015 $3,474 $246,438 $246,438 $0
2014 $3,529 $241,611 $241,611 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Wall

    Seller's Agent in 2021

    Michael Wall

    Real Estate Source Inc

    (916) 804-6445

    1 in this area

    4 Total Sales

    Michael Wall
    Section Image
  • Sylviana Montano

    Seller Co-Listing Agent in 2021

    Sylviana Montano

    Berkshire Hathaway Home Services Elite Real Estate

    (916) 216-4955

    1 in this area

    32 Total Sales

    Sylviana Montano
    Section Image
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Map

Source: MetroList

MLS Number: 20037308

MetroList

APN: 250-0122-004

California Sacramento County Sacramento 95838 Oak Knoll

80 South Ave, Sacramento, CA

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