NOT LISTED FOR SALE

8632 Ria Formosa Way Elk Grove, CA 95757

South West Elk Grove Neighborhood

Estimated Value: $740,450 - $759,000

4 Beds
2 Baths
2,645 Sq Ft
$284/Sq Ft Est. Value

Last Sold October 15, 2021

Last sale price $670,000 $253 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $5,010/month

7 Days on Market

Highlights

  • Great Room
  • Zehnder Ranch Elementary Rated A
  • Walk-In Closet

About This Home

As of October 2021

Amazing Home with Many Upgrades in a Quiet Neighborhood. 5 years old w/One Owner. Vinyl Flooring, Quartz Counter-tops & Stainless Steel Farm House Sink in Island with Breakfast Bar Seating, Stainless Steel Appliances include Double Oven, Built in Microwave,Gas Stove Top & Hood, & Dishwasher. Board & Batten Design Features, Den or Office with French Doors, Great Room Concept with Dining Area. Large Loft, Huge master Suite with lots of Natural Light & Dual Walk-in Closets. Master Bath Vanity with Double Sinks & Tile Floor. Hall Bathroom also has Double Sinks & Tile Floor. Large Covered Patio w/Outdoor Fan in a Good-Sized Back Yard. Stucco Exterior with Aesthetically pleasing Elevation including Plantation Shutters, Wood Siding, & Brick. Tankless Water Heater for Never Ending Hot Water. Just one Block away from Neighborhood Park, Close to the Aquatic Center and in the sought after Elk Grove School District. Despite being tucked away, still close to shopping and Highway 99.

Last Agent to Sell the Property

Christopher Reese

The Exception Realty License #01780565 Listed on: 08/27/2021

Last Buyer's Agent

Szeyeung Tse

Grand Realty Group License #01953758

Grand Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,571

Year Built

  • 2016

Lot Details

  • 5,227

Parking

  • 2

Interior Spaces

  • Walk-In Closet
  • Great Room

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,571

Year Built

2016

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Subtype Description: Detached
  • Property Sub Type: Single Family Residence
  • Remodeled Updated: No
  • Directions: Elk Grove Blvd to East on Lotz Parkway right on Serra Estrella right on Ria Formosa
  • Horses: No
  • Building Stories: 2
  • Subdivision Name: Madeira East Village
  • Special Features: None
  • Stories: 2
  • Year Built: 2016

Interior Features

  • Appliances: Gas Cook Top, Dishwasher, Microwave, Double Oven, Tankless Water Heater
  • Master Bathroom Features: Shower Stall(s),Double Sinks
  • Master Bedroom Features: Walk-In Closet 2+
  • Bathroom Features: Double Sinks,Tub w/Shower Over
  • Bathrooms: 3.00
  • Dining Room Features: Space in Kitchen,Dining/Living Combo
  • Kitchen Features: Pantry Closet,Quartz Counter,Island w/Sink
  • Living Room Features: Great Room
  • Main Level: Living Room,Dining Room,Partial Bath(s),Garage,Kitchen
  • Price Per Square Foot: 253.31
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Carpet, Laminate, Tile
  • Dining Room Type: Loft, Master Bathroom, Master Bedroom, Den, Great Room, Kitchen, Laundry, Living Room
  • Window Features: Dual Pane Full

Exterior Features

  • Roof: Tile
  • Foundation Details: Slab
  • Property Condition: Original
  • Land Use: Residential
  • Construction Type: Stucco, Wood
  • Fencing: Back Yard
  • Lot Features: Auto Sprinkler Rear
  • Patio And Porch Features: Covered Patio
  • Pool Private: No

Garage/Parking

  • Parking Features: Garage Facing Front
  • Driveway/Sidewalks: Sidewalk/Curb/Gutter
  • Garage Spaces: 2
  • Open Parking Spaces: 2

Utilities

  • Cooling: Ceiling Fan(s), Central, MultiZone
  • Heating: Central, MultiZone
  • Electric: 220 Volts in Laundry
  • Laundry Features: Inside Room
  • Security: Carbon Mon Detector, Smoke Detector, Fire Suppression System
  • Sewer: Public Sewer
  • Utilities: All Public, Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Schools

  • Junior High Dist: Elk Grove Unified

Lot Info

  • Lot Size Sq Ft: 5358
  • Zoning Description: Res

Tax Info

  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2021
Closed on
Sep 28, 2021
Sold by
Yann Whitney Ladrido and Yann Chan Sophat
Bought by
Lei Jin Fu
Seller's Agent
Christopher Reese
The Exception Realty
Buyer's Agent
Szeyeung Tse
Grand Realty Group
List Price
$699,000
Sold Price
$670,000
Premium/Discount to List
-$29,000
-4.15%
Current Estimated Value
$738,817

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,817
Avg. Annual Appreciation
2.98%
Original Mortgage
$500,000
Outstanding Balance
$457,928
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$291,935

Purchase Details

Listed on
Jan 21, 2016
Closed on
Apr 18, 2016
Sold by
Kb Home Sacramento Inc
Bought by
Ladrido Whitney and Yann Sophat
Seller's Agent
Maria Braden
Maria L Braden, Broker
Buyer's Agent
Maria Braden
Maria L Braden, Broker
List Price
$453,697
Sold Price
$430,000
Premium/Discount to List
-$23,697
-5.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.41%
Original Mortgage
$393,772
Interest Rate
3.62%
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lei Jin Fu $700,000 Stewart Title Of Sacramento
Lei Jin Fu $700,000 Stewart Title Of Sacramento
Lei Jin Fu -- Stewart Title Of Sacramento
Lei Jin Fu -- Stewart Title Of Sacramento
Ladrido Whitney $430,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lei Jin Fu $500,000
Closed Lei Jin Fu $500,000
Previous Owner Ladrido Whitney $425,000
Previous Owner Ladrido Whitney $431,420
Previous Owner Ladrido Whitney $393,772
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2021 10/15/21 Sold $670,000 -4.1% $253 / Sq Ft
09/03/2021 09/03/21 Pending -- -- --
08/27/2021 08/27/21 For Sale $699,000 +62.6% $264 / Sq Ft
04/21/2016 04/21/16 Sold $430,000 -5.2% $163 / Sq Ft
02/28/2016 02/28/16 Pending -- -- --
01/21/2016 01/21/16 For Sale $453,697 -- $172 / 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 $11,571 $711,009 $180,405 $530,604
2024 $11,571 $697,068 $176,868 $520,200
2023 $11,215 $683,400 $173,400 $510,000
2022 $10,921 $670,000 $170,000 $500,000
2021 $8,683 $470,264 $87,490 $382,774
2020 $8,521 $465,443 $86,593 $378,850
2019 $8,364 $456,318 $84,896 $371,422
2018 $8,140 $447,372 $83,232 $364,140
2017 $7,973 $438,600 $81,600 $357,000
2016 $4,566 $119,085 $119,085 $0
2015 $3,932 $117,297 $117,297 $0
Source: Public Records

Agents Affiliated with this Home

  • Christopher Reese

    Seller's Agent in 2021

    Christopher Reese

    The Exception Realty

    (916) 502-1656

    2 in this area

    52 Total Sales

    Section Image
  • Szeyeung Tse

    Buyer's Agent in 2021

    Szeyeung Tse

    Grand Realty Group

    (916) 267-5176

    11 in this area

    55 Total Sales

    Section Image

  • M

    Seller's Agent in 2016

    Maria Braden

    Maria L Braden, Broker

    Section Image
See All Agents

Map

Source: MetroList

MLS Number: 221108720

MetroList

APN: 132-2440-018

California Sacramento County Elk Grove 95757 South West Elk Grove

8632 Ria Formosa Way, Elk Grove, CA

This home is located at 8632 Ria Formosa Way, Elk Grove, CA 95757 since 27 August 2021 and is currently estimated at $749,863, approximately $283 per square foot. This property was built in 2016. 8632 Ria Formosa Way is a home located in Sacramento County 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.

MetroList IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes