NOT LISTED FOR SALE

8566 New Island Way Sacramento, CA 95828

Estimated Value: $295,000 - $455,000

3 Beds
2 Baths
1,107 Sq Ft
$369/Sq Ft Est. Value

About This Home

This home is located at 8566 New Island Way, Sacramento, CA 95828 and is currently estimated at $408,743, approximately $369 per square foot. 8566 New Island Way is a home located in Sacramento County with nearby schools including Raymond Case Elementary School, Edward Harris Jr. Middle School, and Monterey Trail High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 4, 2006
Sold by
Fong Melvin B
Bought by
Fong Melvin B
Current Estimated Value
$408,743

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,000
Outstanding Balance
$103,867
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$304,876

Purchase Details

Closed on
Mar 19, 2004
Sold by
Fong Melvin
Bought by
Fong Melvin B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
7.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 5, 1994
Sold by
The Forecast Group Lp
Bought by
Fong Melvin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,464
Interest Rate
8.53%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Fong Melvin B -- Chicago Title Co
Fong Melvin B -- Fidelity National Title Co
Fong Melvin $117,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fong Melvin B $173,000
Closed Fong Melvin B $148,000
Closed Fong Melvin $115,464
Source: Public Records

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 $3,923 $196,128 $75,568 $120,560
2024 $3,923 $192,284 $74,087 $118,197
2023 $3,835 $188,515 $72,635 $115,880
2022 $3,684 $184,819 $71,211 $113,608
2021 $2,185 $181,196 $69,815 $111,381
2020 $2,158 $179,339 $69,100 $110,239
2019 $2,122 $175,824 $67,746 $108,078
2018 $2,513 $172,377 $66,418 $105,959
2017 $2,037 $168,998 $65,116 $103,882
2016 $1,942 $165,686 $63,840 $101,846
2015 $1,908 $163,199 $62,882 $100,317
2014 $1,880 $160,003 $61,651 $98,352
Source: Public Records

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