NOT LISTED FOR SALE

8862 Lemas Rd Sacramento, CA 95828

Estimated Value: $269,000 - $502,000

3 Beds
2.5 Baths
1,457 Sq Ft
$294/Sq Ft Est. Value

Last Sold December 01, 2016

Last sale price $257,500 $177 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $2,532/month

23 Days on Market

Highlights

  • 1 Fireplace
  • No HOA
  • Central Heating
  • Sheldon High School Rated A
  • Living Room

About This Home

As of December 2016

Clean home in a nice neighborhood near Vintage Park. Stucco exterior w/tile roof. Interior of home features tile flooring throughout the first floor, newer laminate flooring upstairs and newer interior paint throughout. Tile counters in kitchen with stainless steel appliances. Nice size backyard w/covered patio and fruit trees. Great tenants already in place pay $1500 + utilities. Leased through 12/1/16. This one definitely pencils so add this great home to your portfolio today!

Last Agent to Sell the Property

Heather Land

West Coast Realty Group License #01344993 Listed on: 08/30/2016

Last Buyer's Agent

Benjamin Haruna

Metropolitan Real Estate & Development License #01023101

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,362

Year Built

  • Built in 1987

Lot Details

  • 4,465 Sq Ft Lot
  • Zoning described as RD 7

Parking

  • 2 Car Garage

Home Design

  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 1,457 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Living Room

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Central Heating

Community Details

  • No Home Owners Association
  • Kensington Village Subdivision

Listing and Financial Details

  • Assessor Parcel Number 115-0610-048-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,362

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Subtype Description: Detached
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: Unknown
  • Year Built: 1987
  • Stories: 2
  • Subdivision: KENSINGTON VILLAGE
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher,Disposal,Free Standing Electric Range
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Flooring: Laminate,Tile
  • Master Bathroom Features: Shower Stall(s),Window
  • Master Bedroom Features: Closet
  • Bathroom Features: Tile,Tub w/Shower Over,Window
  • Bathrooms: 3.00
  • Dining Room Features: Dining Bar,Space in Kitchen
  • Kitchen Features: Tile Counter,Pantry Cabinet
  • Room Type: Baths Other,Master Bathroom,Master Bedroom
  • Price Per Square Foot: 176.73
  • Square Footage: 1457

Exterior Features

  • Construction Materials: Frame,Stucco,Wood
  • Disclosures/Documents: CC&Rs
  • Foundation: Slab
  • Horse Property: No
  • Listing Price: 255000.00
  • Lot Features: Shape Regular
  • Pool: No
  • Road Surface Type: Chip And Seal,Paved
  • Roof: Tile

Garage/Parking

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

Utilities

  • Sewer: In & Connected
  • Cooling: Ceiling Fan(s),Central
  • Electric: 220 Volts,220 Volts in Laundry
  • Heating: Central
  • Laundry Features: Cabinets,Inside Room
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Elk Grove Unified

Lot Info

  • Zoning Description: RD 7
  • Irrigation: Public District
  • Lot Size Acres: 0.1025
  • Lot Size Sq Ft: 4465

Rental Info

  • Current Rent: 1500

Tax Info

  • Assessor Parcel Number: 115-0610-048-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 12, 2020
Sold by
Omowole Ayebamileru Festus
Bought by
Omowole Ayebamileru Festus and Omowole Oyinade
Current Estimated Value
$428,106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,700
Outstanding Balance
$239,560
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$188,546

Purchase Details

Closed on
Dec 11, 2020
Sold by
Omowole Ayebamileru Festus
Bought by
Omowole Ayebamileru Festus and Omowole Oyinade

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,700
Outstanding Balance
$239,560
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$188,546

Purchase Details

Listed on
Aug 30, 2016
Closed on
Nov 23, 2016
Sold by
Malhotra Shivansh
Bought by
Omowole Ayebamileru Festus
Seller's Agent
Heather Land
West Coast Realty Group
Buyer's Agent
Benjamin Haruna
Metropolitan Real Estate & Development
List Price
$255,000
Sold Price
$257,500
Premium/Discount to List
$2,500
0.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.86%
Original Mortgage
$252,835
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 21, 2015
Closed on
Nov 23, 2015
Sold by
Sun Shangzhi and Chu Yawen
Bought by
Malhotra Shivansh
Seller's Agent
Jen Huang
888 Realty
Buyer's Agent
Dawn Greene
Worley Real Estate Inc.
List Price
$245,000
Sold Price
$240,000
Premium/Discount to List
-$5,000
-2.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.22%
Original Mortgage
$190,000
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2009
Sold by
Pacific Town Mortgage Inc
Bought by
Sun Shangzhi and Chu Yawen

Purchase Details

Closed on
Sep 11, 2009
Sold by
Ta Ben D and Ta My Linh
Bought by
Pacific Town Mortgage Inc

Purchase Details

Closed on
Apr 29, 2004
Sold by
Ton Kim Ngoc
Bought by
Ta Ben D and Ta My Linh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
5.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 29, 2002
Sold by
Nguyen Vincent
Bought by
Ton Kim Ngoc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,600
Interest Rate
7.13%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Apr 26, 2001
Sold by
Truong Kathleen
Bought by
Truong Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.98%
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
Omowole Ayebamileru Festus -- Stewart Title Of Sacramento
Omowole Ayebamileru Festus -- Stewart Title
Omowole Ayebamileru Festus -- Stewart Title
Omowole Ayebamileru Festus $257,500 Fidelity National Title Comp
Omowole Ayebamileru Festus -- Fidelity National Title Comp
Malhotra Shivansh $240,000 First American Title Company
Sun Shangzhi $149,000 Fidelity National Title Co
Pacific Town Mortgage Inc $95,100 None Available
Ta Ben D $270,000 First American Title Co
Ton Kim Ngoc -- Financial Title Company
Ton Kim Ngoc $188,000 Financial Title Company
Truong Stephanie $125,000 Financial Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Omowole Ayebamileru Festus $269,700
Closed Omowole Ayebamileru Festus $269,700
Closed Omowole Ayebamileru Festus $252,835
Previous Owner Malhotra Shivansh $190,000
Previous Owner Ta Ben D $216,000
Previous Owner Ton Kim Ngoc $131,600
Previous Owner Truong Stephanie $100,000
Closed Ton Kim Ngoc $37,600
Closed Ta Ben D $27,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/01/2016 12/01/16 Sold $257,500 +1.0% $177 / Sq Ft
09/22/2016 09/22/16 Pending -- -- --
08/30/2016 08/30/16 For Sale $255,000 +6.3% $175 / Sq Ft
11/30/2015 11/30/15 Sold $240,000 -2.0% $165 / Sq Ft View Prior Sale
10/26/2015 10/26/15 Pending -- -- --
08/20/2015 08/20/15 For Sale $245,000 -- $168 / 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 $3,362 $298,845 $92,843 $206,002
2024 $3,362 $292,986 $91,023 $201,963
2023 $3,281 $287,242 $89,239 $198,003
2022 $3,227 $281,611 $87,490 $194,121
2021 $3,193 $276,090 $85,775 $190,315
2020 $3,151 $273,260 $84,896 $188,364
2019 $3,096 $267,903 $83,232 $184,671
2018 $3,016 $262,650 $81,600 $181,050
2017 $2,966 $257,500 $80,000 $177,500
2016 $3,486 $318,000 $45,000 $273,000
2015 $1,876 $160,025 $32,218 $127,807
2014 $1,848 $156,891 $31,587 $125,304
Source: Public Records

Agents Affiliated with this Home

  • Heather Land

    Seller's Agent in 2016

    Heather Land

    West Coast Realty Group

    (916) 996-5231

    52 Total Sales

    Heather Land
    Section Image
  • Benjamin Haruna

    Buyer's Agent in 2016

    Benjamin Haruna

    Metropolitan Real Estate & Development

    (916) 391-4830

    11 Total Sales

    Benjamin Haruna
    Section Image
  • Jen Huang

    Seller's Agent in 2015

    Jen Huang

    888 Realty

    (916) 365-2889

    30 Total Sales

    Jen Huang
    Section Image

  • D

    Buyer's Agent in 2015

    Dawn Greene

    Worley Real Estate Inc.

See All Agents

Map

Source: MetroList

MLS Number: 16057258

MetroList

APN: 115-0610-048

California Sacramento County Sacramento 95828

8862 Lemas Rd, Sacramento, CA

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