NOT LISTED FOR SALE

Estimated Value: $1,299,000 - $2,464,788

4 Beds
5.5 Baths
4,975 Sq Ft
$407/Sq Ft Est. Value

Last Sold February 25, 2022

Last sale price $2,300,000 $462 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $13,364/month

124 Days on Market

Highlights

  • Stables
  • Horse Property
  • Private Pool
  • Joseph Kerr Middle School Rated A-
  • Art Studio
  • 5.34 Acre Lot

About This Home

As of February 2022

Amazing estate in the heart of Elk Grove! This gorgeous custom property features a large 4,975 sqft home, 4 stall horse barn w/ turnouts & pastures, a separate 2 bed/1 bath apartment, 2 massive warehouses with 13 roll up doors, and so much more, all on over 5+ acres of usable land!! Formerly pegged as a wedding venue, this lovely private setting will not disappoint and the possibilities are endless. Multi-family compound? Subdivision for developers? Growers paradise? Car collector? Dont miss this one of a kind opportunity to make your dreams come true, as words won't do this justice!

Last Agent to Sell the Property

Jeff Wickum

eXp Realty of California Inc License #01248741 Listed on: 10/09/2021

eXp Realty of California Inc

Co-Listed By

Adele Tuiolosega

eXp Realty of California Inc License #01959159

Last Buyer's Agent

Marlo Jordan

Big Block Realty North License #01976710

Big Block Realty North

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,633

Year Built

  • 1981

Lot Details

  • 5.34 Acre Lot
  • Level Lot
  • Potential for Re-Zoning

Parking

  • 30 Car Detached Garage
  • Workshop in Garage
  • Uncovered Parking
  • Off-Street Parking

Home Design

  • Rustic Architecture
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,975 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Formal Entry
  • Great Room
  • Separate Family Room
  • Formal Dining Room
  • Den
  • Recreation Room
  • Bonus Room
  • Art Studio
  • Workshop
  • Orchard Views
  • Security Gate
  • Breakfast Area or Nook
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Private Pool
  • Horse Property

Farming

  • Pasture

Horse Facilities and Amenities

  • Paddocks
  • Stables

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,633

Year Built

1981

Lot Details

0

Parking

30

Listing Details

  • Zoning: AR-5
  • Subclass: Single Family Home
  • Style: Ranch, Rustic
  • Age: 40
  • Listing Class: Residential
  • Structure Sq Ft: 4975
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1981

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Wood Burning
  • Dining Room: Breakfast Nook, Formal Dining Room
  • Fireplace: Yes
  • Living Sq Ft: 4975
  • Stories: 2
  • Laundry: In Utility Room
  • Additional Rooms: Artist Studio, Bonus / Hobby Room, Den / Study / Office, Formal Entry, Great Room, Laundry Room, Office Area, Recreation Room, Storage, Workshop
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Pool Description: Yes
  • Roof: Composition
  • View: Orchard, Pasture
  • Horse Property: Yes
  • Horse Property Description: Fenced, Paddocks, Pasture, Stalls
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 30
  • Garage Max: 30
  • Garage Min: 30
  • Garage Parking Features: Attached Garage, Detached Garage, Off-Street Parking, Room For Oversized Vehicle, Uncovered Parking, Workshop In Garage

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Septic Connected, Septic Standard

Association/Amenities

  • Amenities Miscellaneous: Security Gate, Vaulted Ceiling

Schools

  • School District: Elk Grove Unified

Lot Info

  • Lot Description: Grade - Level, Potential Re-Zone
  • Lot Acres: 5.3400
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 232610.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 232610.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2021
Closed on
Feb 23, 2022
Sold by
Richard F Lam Revocable Trust
Bought by
California Correctional Peace Officers Associ
Seller's Agent
Jeff Wickum
eXp Realty of California Inc
Buyer's Agent
Marlo Jordan
Big Block Realty North
List Price
$3,650,000
Sold Price
$2,300,000
Premium/Discount to List
-$1,350,000
-36.99%
Current Estimated Value
$2,032,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$267,060
Avg. Annual Appreciation
-3.64%

Purchase Details

Listed on
Oct 9, 2021
Closed on
Jan 18, 2022
Sold by
Lam Richard F
Bought by
Richard F Lam Revocable Trust
Seller's Agent
Jeff Wickum
eXp Realty of California Inc
Buyer's Agent
Marlo Jordan
Big Block Realty North
List Price
$3,650,000
Sold Price
$2,300,000
Premium/Discount to List
-$1,350,000
-36.99%

Purchase Details

Listed on
Oct 9, 2018
Closed on
Jul 19, 2019
Sold by
Adkins Jeffrey A and Adkins Jona M
Bought by
Lam Richard F
Seller's Agent
Hannah Jungkeit
eXp Realty of California Inc.
Buyer's Agent
Jeff Wickum
David Lyng Real Estate
List Price
$1,799,900
Sold Price
$1,580,000
Premium/Discount to List
-$219,900
-12.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.54%

Purchase Details

Listed on
Jul 13, 2017
Closed on
Dec 5, 2017
Sold by
Strong Jeanne M
Bought by
Adkins Jeffrey A and Adkins Jona M
Seller's Agent
Toni List
Coldwell Banker Realty
Buyer's Agent
Paul Frank
PDF Realty, Inc.
List Price
$1,800,000
Sold Price
$1,221,000
Premium/Discount to List
-$579,000
-32.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.25%

Purchase Details

Closed on
May 16, 2005
Sold by
Strong Jerrold J and Strong Jeanne M
Bought by
Strong Jerrold J and Strong Jeanne M

Purchase Details

Closed on
Sep 10, 2004
Sold by
Strong Jerrold J and Strong Jeanne M
Bought by
City Of Elk Grove

Purchase Details

Closed on
Jun 22, 1995
Sold by
Strong Jerrold J and Strong Jeanne M
Bought by
Strong Jerrold J and Strong Jeanne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,500
Interest Rate
8.36%

Purchase Details

Closed on
Jun 12, 1995
Sold by
Strong Jerrold J and Strong Jeanne M
Bought by
Strong Jerrold J and Strong Jeanne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,500
Interest Rate
8.36%
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
California Correctional Peace Officers Associ $2,300,000 First American Title
Richard F Lam Revocable Trust -- Morgan Timothy J
Lam Richard F -- Morgan Timothy J
Lam Richard F $1,580,000 Stewart Title Of Sacramento
Adkins Jeffrey A $1,221,000 First American Title Company
Strong Jerrold J -- Financial Title Company
Strong Jerrold J -- Financial Title Company
City Of Elk Grove -- Placer Title Company
Strong Jerrold J -- Fidelity National Title Ins
Strong Jerrold J -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Adkins Jeffrey A $802,750
Previous Owner Strong Jerrold J $250,000
Previous Owner Strong Jerrold J $300,000
Previous Owner Strong Jerrold J $799,500
Previous Owner Strong Jerrold J $805,000
Previous Owner Strong Jerrold J $200,000
Previous Owner Strong Jerrold J $100,000
Previous Owner Strong Jerrold J $555,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2022 02/25/22 Sold $2,300,000 -8.0% $462 / Sq Ft
02/11/2022 02/11/22 Pending -- -- --
01/26/2022 01/26/22 Price Changed $2,500,000 -31.5% $503 / Sq Ft
10/09/2021 10/09/21 For Sale $3,650,000 +131.0% $734 / Sq Ft
07/22/2019 07/22/19 Sold $1,580,000 -12.2% $318 / Sq Ft
07/03/2019 07/03/19 Pending -- -- --
07/01/2019 07/01/19 For Sale $1,799,900 +13.9% $362 / Sq Ft
06/30/2019 06/30/19 Off Market $1,580,000 -- --
12/08/2018 12/08/18 Price Changed $1,799,900 -4.8% $362 / Sq Ft
10/09/2018 10/09/18 For Sale $1,890,000 +54.8% $380 / Sq Ft
12/08/2017 12/08/17 Sold $1,221,000 -32.2% $245 / Sq Ft
11/06/2017 11/06/17 Pending -- -- --
07/12/2017 07/12/17 For Sale $1,800,000 -- $362 / Sq Ft
Source: MLSListings

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 $25,633 $2,440,778 $530,604 $1,910,174
2024 $25,633 $2,392,920 $520,200 $1,872,720
2023 $24,962 $2,346,000 $510,000 $1,836,000
2022 $17,441 $1,628,294 $412,226 $1,216,068
2021 $17,242 $1,596,368 $404,144 $1,192,224
2020 $16,991 $1,580,000 $400,000 $1,180,000
2019 $13,456 $1,245,420 $373,626 $871,794
2018 $13,081 $1,221,000 $366,300 $854,700
2017 $8,910 $829,427 $13,752 $815,675
2016 $8,445 $813,165 $13,483 $799,682
2015 $8,280 $800,952 $13,281 $787,671
2014 $8,138 $785,263 $13,021 $772,242
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81866225

MLSListings

APN: 127-0010-099