NOT LISTED FOR SALE

8878 Lemas Rd Sacramento, CA 95828

Estimated Value: $474,675 - $500,000

2 Beds
2.5 Baths
1,457 Sq Ft
$332/Sq Ft Est. Value

Last Sold August 26, 2013

Last sale price $205,000 $141 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $2,780/month

57 Days on Market

Highlights

  • 1 Fireplace
  • No HOA
  • 2 Car Attached Garage
  • Sheldon High School Rated A
  • Breakfast Area or Nook
  • Bathtub with Shower

About This Home

As of August 2013

***Fannie Mae Owned Home*** Amazing value on this home with 2 bedrooms 2.5 baths and over 1400 sqft

Last Agent to Sell the Property

Zoritha Thompson

Goree & Thompson Real Estate, Inc. License #01077927 Listed on: 06/05/2013

Last Buyer's Agent

Preston Collier

Collier Real Estate License #01455440

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,869

Year Built

  • Built in 1987

Lot Details

  • 4,160 Sq Ft Lot
  • Back Yard Fenced
  • Zoning described as rd7

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 1,457 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Living Room
  • Breakfast Area or Nook

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub with Shower

Utilities

  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 115-0610-044-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,869

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
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Flooring: Carpet,Laminate
  • Bathroom Features: Tub w/Shower Over
  • Bathrooms: 3.00
  • Dining Room Features: Breakfast Nook
  • Room Type: Baths Other
  • Price Per Square Foot: 140.70
  • Square Footage: 1457

Exterior Features

  • Construction Materials: Frame,Stucco,Wood
  • Disclosures/Documents: CC&Rs
  • Fencing: Back Yard
  • Foundation: Slab
  • Listing Price: 199900.00
  • Pool: No
  • Roof: Tile

Garage/Parking

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

Utilities

  • Sewer: In & Connected
  • Cooling: Central,Whole House Fan
  • Electric: 220 Volts,220 Volts in Laundry
  • Heating: Central
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Elk Grove Unified

Lot Info

  • Zoning Description: rd7
  • Lot Size Acres: 0.0955
  • Lot Size Sq Ft: 4160

Tax Info

  • Assessor Parcel Number: 115-0610-044-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2013
Closed on
Aug 19, 2013
Sold by
Fannie Mae
Bought by
Vang Kao and Yang Maicoua
Seller's Agent
Zoritha Thompson
Goree & Thompson Real Estate, Inc.
Buyer's Agent
Preston Collier
Collier Real Estate
List Price
$244,900
Sold Price
$205,000
Premium/Discount to List
-$39,900
-16.29%
Current Estimated Value
$483,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$278,169
Avg. Annual Appreciation
7.29%
Original Mortgage
$194,750
Outstanding Balance
$145,520
Interest Rate
4.51%
Mortgage Type
New Conventional
Estimated Equity
$337,650

Purchase Details

Closed on
May 10, 2013
Sold by
Waldron Lorie A
Bought by
Federal National Mortgage Association and Fannie Mae

Purchase Details

Closed on
Oct 1, 2004
Sold by
Waldron Lorie A and Waldron Lori A
Bought by
Waldron Lorie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,750
Interest Rate
5.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 6, 1998
Sold by
Gutzeit Arthur A D
Bought by
Waldron Lori A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,894
Interest Rate
6.54%
Mortgage Type
FHA
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
Vang Kao $205,000 Old Republic Title Company
Federal National Mortgage Association $222,479 Accommodation
Waldron Lorie A -- Alliance Title Company
Waldron Lori A $114,000 North American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vang Kao $194,750
Previous Owner Waldron Lorie A $216,750
Previous Owner Waldron Lori A $112,894
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2013 08/26/13 Sold $205,000 -16.3% $141 / Sq Ft
08/01/2013 08/01/13 Pending -- -- --
06/05/2013 06/05/13 For Sale $244,900 -- $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 $2,869 $251,291 $36,771 $214,520
2024 $2,869 $246,364 $36,050 $210,314
2023 $2,800 $241,535 $35,344 $206,191
2022 $2,755 $236,800 $34,651 $202,149
2021 $2,726 $232,158 $33,972 $198,186
2020 $2,692 $229,778 $33,624 $196,154
2019 $2,645 $225,273 $32,965 $192,308
2018 $2,578 $220,857 $32,319 $188,538
2017 $2,536 $216,528 $31,686 $184,842
2016 $2,414 $212,283 $31,065 $181,218
2015 $2,372 $209,095 $30,599 $178,496
2014 $2,335 $205,000 $30,000 $175,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 13031881

MetroList

APN: 115-0610-044