NOT LISTED FOR SALE

8480 Elk Grove Florin Rd Elk Grove, CA 95624

North East Elk Grove Neighborhood

Estimated Value: $1,286,000 - $1,463,000

2.2 Acres
$623,880 Price per Acre
95,832 Sq Ft Lot

Last Sold February 01, 2023

Last sale price $1,250,000

Est. 10% increase in value since last sale

Current estimated payment $7,284/month

265 Days on Market

Highlights

  • Barn
  • 2.2 Acre Lot
  • No HOA
  • Arthur C. Butler Elementary School Rated A-
  • Property is near public transit
  • 4-minute walk to Anabel Gage Park

About This Lot

As of February 2023

HERE IS AN EXCEPTIONALLY WELL LOCATED PROPERTY. ADJACENT TO KOHLS DEPT STORE & ACROSS FROM RALEYS & SAFEWAY. THIS IS AN ACTIVE SUCCESSFUL AREA ON A TRANSIT LINE. ZONED RD25 FOR 50+ UNIT AVAIL. BUT LOCATION IN THE CITY OF ELK GROVE ON A MAJOR ROADWAY MAKES COMMERCIAL USE VERY DESIRABLE. ADDITIONAL 2+ AC ADJACENT ON SS MAKES THIS A RARE OPPORTUNITY TO PURCHASE A MULTI FAMILY OR RETAIL SITE IN A WELL ESTABLISHED AND SUCCESSFUL COMMERCIAL NEIGHBORHOOD WITH EASY ACCESS TO HWY 99 AND 50.

Last Agent to Sell the Property

Gil Albiani

Portfolio Real Estate License #00584962 Listed on: 08/17/2020

Portfolio Real Estate

Co-Listed By

Jennifer Albiani-Quinn

Portfolio Real Estate License #01104601

Last Buyer's Agent

Non-MLS Member

Non-MLS Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $100

Lot Details

  • 2.2 Acre Lot
  • Grass Covered Lot
  • Possible uses of the property include Commercial, Residential
  • Property is zoned RD25, Multi-Residential,Rezone Possible

Additional Features

  • Property is near public transit
  • Barn
  • Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 115-0180-012

Property Details

Property Type

Land

Est. Annual Taxes

$100

Lot Details

0

Listing Details

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

Interior Features

  • Other Equipment: None

Exterior Features

  • Other Structures: Barn(s)
  • Disclosures/Documents: Disclosure Statement, Mineral Rights Included, Natural Hazard Disclosure Available, Restaurant Nearby, Shopping Center Nearby, See Remarks, Public Records
  • Horse Property: No
  • Listing Price: 1399000.00
  • Lot Features: Public Trans Nearby, Shape Regular
  • Road Surface Type: Paved
  • Topography: Agricultural Leveled,Trees
  • Additional Living Units: No
  • Soil: Class 4

Utilities

  • Water Source: Domestic Well With Pump

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Elk Grove Unified

Lot Info

  • Zoning: RD25
  • Crops: None
  • Current Use: Commercial, Vacant
  • Development Status: Final Map Filed, Raw Land
  • Zoning Description: Multi-Residential,Rezone Possible
  • Irrigation: None
  • Lot Size Acres: 2.2000
  • Lot Size Sq Ft: 95832.00
  • Possible Use: Commercial, Residential

Multi Family

  • Income Includes: None

Tax Info

  • Assessor Parcel Number: 115-0180-012
  • Bonds/Assessments/Taxes Description: Mello Roos
  • Bonds/Assessments/Taxes: Yes

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2020
Closed on
Jan 28, 2023
Sold by
Vega Family Trust
Bought by
City Of Elk Grove
Seller's Agent
Gil Albiani
Portfolio Real Estate
Buyer's Agent
Non-MLS Member
Non-MLS Office
Sold Price
$1,250,000
Views
138
Current Estimated Value
$1,372,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,536
Avg. Annual Appreciation
3.56%

Purchase Details

Closed on
Aug 15, 2003
Sold by
Vega Michael Angel and Vega Shirley Jean
Bought by
Vega Michael Angel and Vega Shirley Jean

Purchase Details

Closed on
Feb 28, 2000
Sold by
Phebe Eunice Whitley Family Trust
Bought by
Vega Michael Angel and Vega Shirley J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,000
Interest Rate
8.26%
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
City Of Elk Grove -- --
Vega Michael Angel -- --
Vega Michael Angel $116,000 Alliance Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vega Michael Angel $61,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2023 02/01/23 Sold $1,250,000 0.0% --
01/01/2023 01/01/23 Off Market $1,250,000 -- --
01/01/2022 01/01/22 Off Market $1,250,000 -- --
08/01/2021 08/01/21 Off Market $1,250,000 -- --
05/09/2021 05/09/21 Pending -- -- --
03/01/2021 03/01/21 For Sale -- -- --
03/01/2021 03/01/21 Off Market $1,250,000 -- --
08/17/2020 08/17/20 For Sale $1,399,000 -- --
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 $100 -- -- --
2024 $100 -- -- --
2023 $148 $0 $0 $0
2022 $2,002 $167,997 $167,997 $0
2021 $1,969 $164,703 $164,703 $0
2020 $1,915 $163,015 $163,015 $0
2019 $1,878 $159,819 $159,819 $0
2018 $1,827 $156,686 $156,686 $0
2017 $1,794 $153,614 $153,614 $0
2016 $1,705 $150,602 $150,602 $0
2015 $1,673 $148,340 $148,340 $0
2014 $1,647 $145,435 $145,435 $0
Source: Public Records

Agents Affiliated with this Home

  • Gil Albiani

    Seller's Agent in 2023

    Gil Albiani

    Portfolio Real Estate

    (916) 628-6956

    23 in this area

    76 Total Sales

    Gil Albiani
    Section Image
  • Jennifer Albiani-Quinn

    Seller Co-Listing Agent in 2023

    Jennifer Albiani-Quinn

    Portfolio Real Estate

    (916) 628-6956

    17 in this area

    62 Total Sales

    Jennifer Albiani-Quinn
    Section Image

  • N

    Buyer's Agent in 2023

    Non-MLS Member

    Non-MLS Office

See All Agents

Map

Source: MetroList

MLS Number: 20048476

MetroList

APN: 115-0180-012

California Sacramento County Elk Grove 95624 North East Elk Grove

8480 Elk Grove Florin Rd, Elk Grove, CA

This home is located at 8480 Elk Grove Florin Rd, Elk Grove, CA 95624 since 17 August 2020 and is currently estimated at $1,372,536. 8480 Elk Grove Florin Rd is a home located in Sacramento County with nearby schools including Arthur C. Butler Elementary School, Edward Harris Jr. Middle School, and Monterey Trail High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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