$430,000
SOLD APR 21, 2016

8632 Ria Formosa Way Elk Grove, CA 95757

South West Elk Grove Neighborhood
4 Beds
2.5 Baths
2,645 Sq Ft
5,359 Sq Ft Lot

Recently Sold

$163 Per Sq Ft

5% Below List Price

38 Days on Market

Highlights

  • No HOA
  • Cottage
  • Walk-In Closet
  • Zehnder Ranch Elementary Rated A
  • Covered Patio or Porch
  • Park

About This Home

As of October 2021

QUICK MOVE IN! Enjoy the benefits of owning a brand new home in East Madeira. This Energy Star certified home features an airy and open floor plan. The modern kitchen showcases a large island, white quart countertops, top of the line espresso cabinets and sleek stainless steel appliances including double ovens. Upstairs, a spacious loft can be used as media center or game room. The large master suite includes large walk in shower, double walk in closets, and double linen closets.

Last Agent to Sell the Property

Maria Braden

Maria L Braden, Broker License #00880320 Listed on: 01/21/2016

Last Buyer's Agent

Maria Braden

Maria L Braden, Broker License #00880320 Listed on: 01/21/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,571

Lot Details

  • 5,359 Sq Ft Lot
  • Back Yard Fenced

Parking

  • 2 Car Garage

Home Design

  • Cottage
  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 2,645 Sq Ft Home
  • 2-Story Property
  • Low Emissivity Windows
  • Family or Dining Combination
  • Laundry in unit

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Heating
  • Natural Gas Connected

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 132-2440-018

Community Details

Overview

  • No Home Owners Association

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,571

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Subtype Description: Detached
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: No
  • Architectural Style: Cottage/Bungalow
  • Stories: 2
  • Year Built Details: New
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal,Double Oven,Free Standing Electric Oven,Gas Cook Top,Gas Plumbed,Microwave,Plumbed For Ice Maker,Tankless Water Heater
  • Flooring: Carpet,Tile,Linoleum/Vinyl
  • Master Bathroom Features: Double Sinks,Shower Stall(s),Tile
  • Master Bedroom Features: Walk-In Closet 2+
  • Bathroom Features: Double Sinks,Tile,Tub w/Shower Over
  • Bathrooms: 3.00
  • Dining Room Features: Dining/Family Combo
  • Kitchen Features: Stone Counter,Island,Island w/Sink,Kitchen/Family Combo,Pantry Closet
  • Room Type: Baths Other,Den,Loft,Master Bathroom,Master Bedroom
  • Price Per Square Foot: 162.57
  • Square Footage: 2645
  • Window Features: Low E Glass Full

Exterior Features

  • Construction Materials: Frame,Stone,Stucco,Wood
  • Disclosures/Documents: CC&Rs,Pest Certification Available,Use Permit
  • Fencing: Back Yard
  • Foundation: Slab
  • Home Warranty: Yes
  • Listing Price: 453697.00
  • Lot Features: Landscape Front,Low Maintenance,Street Lights
  • Patio And Porch Features: Covered Patio
  • Pool: No
  • Road Surface Type: Paved
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached,Garage Door Opener
  • Driveway/Sidewalks: Paved Sidewalk

Utilities

  • Security: Carbon Mon Detector,Fire Suppression System,Smoke Detector
  • Sewer: In & Connected
  • Utilities: Natural Gas Connected
  • Cooling: Central,MultiZone
  • Electric: 220 Volts,220 Volts in Laundry
  • Heating: Central
  • Laundry Features: Inside Area
  • Water Source: Meter Available

Condo/Co-op/Association

  • Association Features: Park
  • Association: No

Schools

  • Senior High School District: Elk Grove Unified

Lot Info

  • Zoning Description: RES
  • Irrigation: Public District
  • Lot Size Acres: 0.1230
  • Lot Size Sq Ft: 5359

Tax Info

  • Assessor Parcel Number: 132-2440-018
  • 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 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
$703,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,831
Avg. Annual Appreciation
1.25%
Original Mortgage
$500,000
Outstanding Balance
$455,953
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$247,878

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:

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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 Type Sale Price Title Company
Grant Deed $700,000 Stewart Title Of Sacramento
Grant Deed $700,000 Stewart Title Of Sacramento
Interfamily Deed Transfer -- Stewart Title Of Sacramento
Interfamily Deed Transfer -- Stewart Title Of Sacramento
Grant Deed $430,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $500,000 New Conventional
Closed $500,000 New Conventional
Previous Owner $393,772 FHA
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

    54 Total Sales

    Christopher Reese
    Section Image
  • Szeyeung Tse

    Buyer's Agent in 2021

    Szeyeung Tse

    Grand Realty Group

    (916) 267-5176

    13 in this area

    58 Total Sales

    Szeyeung Tse
    Section Image

  • M

    Seller's Agent in 2016

    Maria Braden

    Maria L Braden, Broker

    Section Image
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Map

Source: MetroList

MLS Number: 16003635

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 and is currently priced at $430,000, approximately $162 per square foot. 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.

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