NOT LISTED FOR SALE

Estimated Value: $476,468 - $492,000

1.7 Acres
$284,844 Price per Acre
74,052 Sq Ft Lot

Last Sold June 10, 2021

Last sale price $430,000

Est. 13% increase in value since last sale

Current estimated payment $3,131/month

17 Days on Market

Highlights

  • 1.7 Acre Lot
  • No HOA
  • Cul-De-Sac
  • Ellen Feickert Elementary School Rated A-
  • Tennis Courts
  • Partially Fenced Property

About This Lot

As of June 2021

HERE IS A 1.7 ACRE SITE AT THE END OF A PUBLIC STREET IN THE CITY OF ELK GROVE. FORMERLY A PORTION OF A TENNIS CLUB. IMPROVEMENT ARE TO SITE. REQUIRES A SUBDIVISION MAP TO DEVELOP LOTS. A CONCEPTUAL MAP IS IN THE PHOTO SECTION. THIS IS GREAT FOR A SMALL HOMEBUILDER OR A GROUP, VERY PRIVATE AT THE END OF A CUL DU SAC. SOPHISTICATED SELLER UNDERSTANDS DEVELOPMENT PROCESS.

Last Agent to Sell the Property

Gil Albiani

Portfolio Real Estate License #00584962 Listed on: 03/04/2021

Portfolio Real Estate

Co-Listed By

Jennifer Albiani-Quinn

Portfolio Real Estate License #01104601

Last Buyer's Agent

Gil Albiani

Portfolio Real Estate License #00584962 Listed on: 03/04/2021

Portfolio Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,892

Lot Details

  • 1.7 Acre Lot
  • Cul-De-Sac
  • Partially Fenced Property
  • Corners Of The Lot Have Been Marked
  • Few Trees
  • Grass Covered Lot
  • 10 Lots in the community
  • Possible uses of the property include Subdivision
  • Zoning described as Residential,Single-Family,Split Possible

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 116-0030-072

Community Details

Overview

  • No Home Owners Association

Recreation

  • Tennis Courts

Property Details

Property Type

Land

Est. Annual Taxes

$6,892

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Subtype 1: Residential Acreage
  • Primary Residence: None
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Other Equipment: None

Exterior Features

  • Other Structures: None
  • Disclosures/Documents: Aerial Map, Restaurant Nearby, Hospital Nearby, Natural Hazard Disclosure Available
  • Elevation: 70
  • Fencing: Partial
  • Horse Property: No
  • Listing Price: 450000.00
  • Lot Features: Cul-De-Sac
  • Road Frontage: City Street
  • Road Surface Type: Paved
  • View Description: None
  • Additional Living Units: No
  • Soil: Class 4

Utilities

  • Sewer: Public Sewer
  • Utilities: All Public, Phone Available, Cable Available, Water Available, Natural Gas Available
  • Electric: Electric Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Tennis

Schools

  • Senior High School District: Elk Grove Unified

Lot Info

  • Zoning: Residential
  • Crops: Other
  • Current Use: Residential, Single Family, Subdivision
  • Development Status: Corners Marked, Surveyed, Map Required
  • Number of Lots: 10
  • Zoning Description: Residential,Single-Family,Split Possible
  • Irrigation: None
  • Lot Size Acres: 1.7000
  • Lot Dimensions: 201X381
  • Lot Size Sq Ft: 74052
  • Possible Use: Subdivision
  • Perc Test/Septic Design: None

Multi Family

  • Income Includes: None

Tax Info

  • Assessor Parcel Number: 116-0030-072
  • 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

Closed on
Jul 2, 2024
Sold by
Jain Rajiv and Jain Rajni
Bought by
Rajiv Jain And Rajni Jain Living Trust and Jain
Current Estimated Value
$484,234

Purchase Details

Listed on
Mar 4, 2021
Closed on
Jun 2, 2021
Sold by
Wong Din D and The Ddw Living Trust
Bought by
Jain Rajiv and Jain Rajni
Seller's Agent
Gil Albiani
Portfolio Real Estate
Buyer's Agent
Gil Albiani
Portfolio Real Estate
List Price
$450,000
Sold Price
$430,000
Premium/Discount to List
-$20,000
-4.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.67%

Purchase Details

Closed on
Jul 16, 1999
Sold by
Churchland Of E G
Bought by
The Ddw Living Trust

Purchase Details

Closed on
Apr 30, 1999
Sold by
Seline William G and Seline Marian H
Bought by
Churchland Of E G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.98%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Rajiv Jain And Rajni Jain Living Trust -- None Listed On Document
Jain Rajiv $430,000 Fidelity National Title Co
The Ddw Living Trust -- --
Churchland Of E G $295,000 North American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Churchland Of E G $260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2021 06/10/21 Sold $430,000 -4.4% --
03/22/2021 03/22/21 Pending -- -- --
03/04/2021 03/04/21 For Sale $450,000 -- --
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 $6,892 $465,445 $465,445 --
2024 $6,892 $456,319 $456,319 --
2023 $6,712 $447,372 $447,372 $0
2022 $5,716 $438,600 $438,600 $0
2021 $3,652 $209,989 $166,548 $43,441
2020 $3,606 $207,837 $164,841 $42,996
2019 $3,533 $203,762 $161,609 $42,153
2018 $2,758 $199,768 $158,441 $41,327
2017 $2,712 $195,852 $155,335 $40,517
2016 $2,595 $192,013 $152,290 $39,723
2015 $2,554 $189,130 $150,003 $39,127
2014 $2,518 $185,426 $147,065 $38,361
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 221014270

MetroList

APN: 116-0030-072