NOT LISTED FOR SALE

8588 Ria Formosa Way Elk Grove, CA 95757

South West Elk Grove Neighborhood

Estimated Value: $688,233 - $710,000

4 Beds
3 Baths
2,385 Sq Ft
$295/Sq Ft Est. Value

About This Home

This home is located at 8588 Ria Formosa Way, Elk Grove, CA 95757 and is currently estimated at $702,558, approximately $294 per square foot. 8588 Ria Formosa Way is a home with nearby schools including Zehnder Ranch Elementary, Elizabeth Pinkerton Middle School, and Cosumnes Oaks High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 6, 2024
Sold by
Pangilinan Robert and Pangilinan Bethalyn
Bought by
Meng Kevin and Cai Nathalie
Current Estimated Value
$702,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$564,000
Outstanding Balance
$560,121
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$136,883

Purchase Details

Closed on
Jun 22, 2020
Sold by
Pangilinan Bethalyn and Pangilinan Robert
Bought by
Pangilinan Robert and Pangilinan Bethalyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,041
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2016
Sold by
Kb Home Sacramento Inc
Bought by
Villamor Bethalyn and Pangilinan Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,707
Interest Rate
3.75%
Mortgage Type
FHA

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
Meng Kevin $705,000 First American Title Company
Pangilinan Robert -- Title365
Villamor Bethalyn $433,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meng Kevin $564,000
Previous Owner Pangilinan Robert $404,041
Previous Owner Villamor Bethalyn $424,707
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
2024 $9,476 $492,151 $91,023 $401,128
2023 $9,177 $482,502 $89,239 $393,263
2022 $8,921 $473,042 $87,490 $385,552
2021 $8,689 $463,768 $85,775 $377,993
2020 $8,527 $459,014 $84,896 $374,118
2019 $8,371 $450,015 $83,232 $366,783
2018 $8,148 $441,192 $81,600 $359,592
2017 $7,983 $432,542 $80,000 $352,542
2016 $4,566 $119,085 $119,085 $0
2015 $3,932 $117,297 $117,297 $0
Source: Public Records

Map

California Sacramento County Elk Grove 95757 South West Elk Grove

8588 Ria Formosa Way, Elk Grove, CA

Homes for Sale in Elk Grove, CA

This home is located at 8588 Ria Formosa Way, Elk Grove, CA 95757 and is currently estimated at $702,558, approximately $294 per square foot. 8588 Ria Formosa Way is a home with nearby schools including Zehnder Ranch Elementary, Elizabeth Pinkerton Middle School, and Cosumnes Oaks 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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