NOT LISTED FOR SALE

8619 Royal Estates Way Fair Oaks, CA 95628

Estimated Value: $1,251,000 - $1,539,754

4 Beds
4 Baths
4,596 Sq Ft
$300/Sq Ft Est. Value

Last Sold March 11, 2020

Last sale price $899,000 $196 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $8,439/month

110 Days on Market

Highlights

  • 0.68 Acre Lot
  • Craftsman Architecture
  • No HOA
  • Bella Vista High School Rated A-
  • 3 Fireplaces
  • Balcony

About This Home

As of March 2020

Custom built manor home was designed & built w/ top quality construction & craftmanship, overlooking the Royal Woods Estates Development. Over 4500 sq ft (4 bed/4 bath) on .68 acres w/ 3 car garage. Double cove ceiling, high ceilings, crown moldings, skylights, wet bar w/ sink. Large master suite w/ sitting room & balcony. Master bath has jetted tub, round shower w/ 2 shower heads, large W/I closet & two way fireplace. Balcony from every bedroom. Media/bonus room & private office w/ another two way fireplace. Backyard has waterfall & koi pond. MUST SEE

Last Agent to Sell the Property

Ric Cheng

RE/MAX Gold License #01308763 Listed on: 10/14/2019

RE/MAX Gold

Last Buyer's Agent

Rebecca Lund

Nick Sadek Sotheby's International Realty License #01297999

Nick Sadek Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,687

Year Built

  • Built in 1991

Lot Details

  • 0.68 Acre Lot
  • Back Yard Fenced
  • Zoning described as RD-2

Parking

  • 3 Car Garage

Home Design

  • Craftsman Architecture
  • Raised Foundation

Interior Spaces

  • 4,596 Sq Ft Home
  • 2-Story Property
  • 3 Fireplaces
  • Double Pane Windows
  • Attic Fan

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Additional Features

  • Balcony
  • Upper Level
  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 253-0360-008-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,687

Year Built

Built in 1991

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Subtype Description: Detached,Custom
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: Unknown
  • Year Built: 1991
  • Architectural Style: Craftsman
  • Stories: 2
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher,Disposal,Free Standing Electric Oven,Gas Cook Top
  • Interior Amenities: Open Beam Ceiling,Wet Bar
  • Other Equipment: Attic Fan(s)
  • Fireplace Features: Family Room,Gas Log,Living Room
  • Fireplaces: 3
  • Flooring: Carpet,Marble,Stone,Wood
  • Master Bathroom Features: Double Sinks,Jetted Tub,Sunken Tub,Tub w/Shower Over,Window
  • Master Bedroom Features: Sitting Area,Surround Sound,Walk-In Closet
  • Bathroom Features: Double Sinks,Tub w/Shower Over,Window
  • Bathrooms: 4.00
  • Dining Room Features: Breakfast Nook,Formal Area,Formal Room,Space in Kitchen
  • Kitchen Features: Synthetic Counter,Island,Pantry Closet
  • Room Type: Baths Other,Den,Dining Room,Living Room,Master Bathroom,Master Bedroom,Office
  • Main Level: Bedroom(s),Full Bath(s)
  • Price Per Square Foot: 195.60
  • Square Footage: 4596
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Brick,Frame,Stucco,Wood
  • Exterior Features: Balcony
  • Fencing: Back Yard
  • Foundation: Raised
  • Listing Price: 899000.00
  • Lot Features: Auto Sprinkler F&R,Pond Year Round,See Remarks
  • Pool: No
  • Roof: Cement,Tile,See Remarks

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Garage Door Opener,Garage Facing Side
  • Driveway/Sidewalks: Sidewalk/Curb/Gutter

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Sewer: In & Connected
  • Utilities: All Public
  • Cooling: Central,Whole House Fan
  • Electric: 220 Volts in Kitchen,220 Volts in Laundry
  • Heating: Central
  • Laundry Features: Cabinets,Inside Area,Inside Room
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Location of Unit: Upper Level

Schools

  • Senior High School District: San Juan Unified

Lot Info

  • Zoning Description: RD-2
  • Irrigation: Meter on Site,Meter Required
  • Lot Size Acres: 0.6800
  • Lot Size Sq Ft: 29621

Tax Info

  • Assessor Parcel Number: 253-0360-008-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2019
Closed on
Feb 28, 2020
Sold by
Cheng Wei S and Cheng Julie S
Bought by
Schutz Christopher Arthur and Schutz Wendy Melissa
Seller's Agent
Ric Cheng
RE/MAX Gold
Buyer's Agent
Rebecca Lund
Nick Sadek Sotheby's International Realty
List Price
$920,000
Sold Price
$899,000
Premium/Discount to List
-$21,000
-2.28%
Current Estimated Value
$1,380,689

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$481,689
Avg. Annual Appreciation
7.93%
Original Mortgage
$569,250
Outstanding Balance
$504,152
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$876,537

Purchase Details

Closed on
Mar 7, 2016
Sold by
Cheng Wei S and Cheng Julie S
Bought by
The Cheng Family Revocable Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 22, 2011
Sold by
Cheng Wei S and Cheng Julie S
Bought by
Cheng Wei S and Cheng Julie S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2009
Sold by
Cheng Wei S and Cheng Julie S
Bought by
Cheng Wei S and Cheng Julie S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
4.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2008
Sold by
Cheng Wei S and Cheng Julie S
Bought by
Cheng Wei S and Cheng Julie S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2003
Sold by
Cheng Wei S and Cheng Julie S
Bought by
Cheng Wei S and Cheng Julie S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
5.79%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 22, 2002
Sold by
Cheng Wei S and Cheng Julie S
Bought by
Cheng Wei S and Cheng Julie S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.52%
Mortgage Type
Balloon

Purchase Details

Closed on
Apr 2, 2002
Sold by
Cheng Wei S and Cheng Julie S
Bought by
Cheng Wei S and Cheng Julie S

Purchase Details

Closed on
Mar 12, 2002
Sold by
Cheng Wei S and Cheng Julie S
Bought by
Cheng Wei and Cheng Julie S

Purchase Details

Closed on
Mar 22, 2001
Sold by
Cheng Wei S and The Wei S Cheng Revocable Trus
Bought by
Cheng Wei S and Cheng Julie S

Purchase Details

Closed on
Apr 17, 1998
Sold by
Cheng Wei S and Cheng Julie S
Bought by
Cheng Wei S and The Wei S Cheng Revocable Trus

Purchase Details

Closed on
Feb 18, 1998
Sold by
Cheng Wei S
Bought by
Cheng Wei S and Cheng Julie S

Purchase Details

Closed on
Oct 27, 1997
Sold by
Cheng Wei S and Cheng Julie S
Bought by
Cheng Wei S and The Wei S Cheng Revocable Trus
Source: Public Records

Range of Values:

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Average Value
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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
Schutz Christopher Arthur $899,000 Fidelity National Title Co
The Cheng Family Revocable Living Trust -- Fidelity National Title Co
Cheng Wei S -- Fidelity National Title Co
Cheng Wei S -- None Available
Cheng Wei S -- Fidelity National Title Co
Cheng Wei S -- Chicago Title Company
Cheng Wei S -- Chicago Title Company
Cheng Wei S -- First American Title Co
Cheng Wei S -- First American Title Company
Cheng Wei S -- Fidelity National Title Co
Cheng Wei S -- Fidelity National Title Co
Cheng Wei S -- Fidelity National Title Co
Cheng Wei S -- Fidelity National Title Co
Cheng Wei S -- --
Cheng Wei -- --
Cheng Wei S -- --
Cheng Wei S -- --
Cheng Wei S -- Old Republic Title Company
Cheng Wei S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schutz Christopher Arthur $569,250
Previous Owner Cheng Wei S $400,000
Previous Owner Cheng Wei S $395,000
Previous Owner Cheng Wei S $290,000
Previous Owner Cheng Wei S $300,000
Previous Owner Cheng Wei S $290,000
Previous Owner Cheng Wei S $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/11/2020 03/11/20 Sold $899,000 0.0% $196 / Sq Ft
03/09/2020 03/09/20 Off Market $899,000 -- --
02/28/2020 02/28/20 Off Market $899,000 -- --
02/01/2020 02/01/20 Pending -- -- --
12/06/2019 12/06/19 Price Changed $899,000 -2.3% $196 / Sq Ft
10/14/2019 10/14/19 For Sale $920,000 -- $200 / 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 $13,687 $1,030,001 $144,359 $885,642
2024 $13,687 $1,009,806 $141,529 $868,277
2023 $12,013 $990,006 $138,754 $851,252
2022 $12,327 $926,478 $136,034 $790,444
2021 $11,215 $908,313 $133,367 $774,946
2020 $10,970 $899,000 $132,000 $767,000
2019 $10,933 $901,346 $206,063 $695,283
2018 $10,691 $883,673 $202,023 $681,650
2017 $10,584 $866,347 $198,062 $668,285
2016 $9,885 $849,361 $194,179 $655,182
2015 $9,714 $836,604 $191,263 $645,341
2014 $9,510 $820,217 $187,517 $632,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 19071807

MetroList

APN: 253-0360-008