$550,000
SOLD APR 28, 2025

8974 Greenback Ln Orangevale, CA 95662

3 Beds
2 Baths
1,160 Sq Ft
0.61 Acres

Recently Sold

$474 Per Sq Ft

35% Below List Price

76 Days on Market

Highlights

  • Second Garage
  • RV Access or Parking
  • Private Lot
  • Pershing Elementary School Rated A-
  • 0.61 Acre Lot
  • Radiant Floor

About This Home

As of April 2025

Prime SPA Zoned Live/Work Opportunity in Orangevale. A well-positioned property in a high-traffic location Greenback & Hazel. Benefits from SPA zoning, allowing for a wide variety of uses, including retail, office space, and certain types of mixed-use developments, as per Sacramento County regulations. Billboard on this .60 lot generates passive monthly income. The generous parking options and prime visibility on Greenback Lane make this a rare find for investors. Priced attractively for the zoning and strategic location, this property offers an array of possibilities for expansion and future development. Don't miss the chance to invest in a property with immense possibilities for your business.

Last Agent to Sell the Property

Aleena Ungureano

eXp Realty of California Inc. License #01845847 Listed on: 12/06/2024

eXp Realty of California Inc.

Last Buyer's Agent

Aleena Ungureano

eXp Realty of California Inc. License #01845847 Listed on: 12/06/2024

eXp Realty of California Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1957 | Remodeled

Lot Details

  • 0.61 Acre Lot
  • Security Fence
  • Gated Home
  • Private Lot
  • Property is zoned SPA

Parking

  • 4 Car Garage
  • Second Garage
  • Gravel Driveway
  • Unpaved Parking
  • Uncovered Parking
  • RV Access or Parking

Home Design

  • Studio
  • Raised Foundation
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,160 Sq Ft Home
  • Ceiling Fan
  • Great Room
  • Family Room
  • Open Floorplan
  • Loft

Kitchen

  • Breakfast Area or Nook
  • Gas Cooktop
  • Microwave
  • Disposal

Flooring

  • Wood
  • Radiant Floor
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Laundry

  • Stacked Washer and Dryer
  • 220 Volts In Laundry

Home Security

  • Security System Owned
  • Panic Alarm
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Accessible Kitchen
  • Low Kitchen Cabinetry

Outdoor Features

  • Uncovered Courtyard
  • Separate Outdoor Workshop
  • Outdoor Storage
  • Outbuilding

Utilities

  • Central Heating and Cooling System
  • Radiant Heating System
  • Property is located within a water district
  • Gas Water Heater
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 223-0142-043-0000

Community Details

Overview

  • No Home Owners Association
  • The community has rules related to allowing live work

Additional Features

  • Net Lease
  • Building Fire Alarm

Home Details

Home Type

Single Family

Year Built

Built in 1957 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Subtype Description: Studio, Live/Work, Loft
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: Yes
  • Year Built: 1957
  • Accessibility Features: Accessible Kitchen, Kitchen Cabinets
  • Remodeled/Updated Desc: Kitchen 6-10YR, Other-Rmks 6-10YR
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Free Standing Refrigerator, Gas Cook Top, Gas Water Heater, Disposal, Microwave
  • Flooring: Vinyl, Wood
  • Total Bathrooms: 2
  • Bathroom Features: Radiant Heat
  • Dining Room Features: Dining/Living Combo
  • Kitchen Features: Breakfast Area, Kitchen/Family Combo
  • Living Room Features: Great Room
  • Lower Level: Bedroom(s), Loft
  • Main Level: Bedroom(s), Loft, Family Room, Partial Bath(s), Garage, Kitchen
  • Price Per Square Foot: 474.14
  • Square Footage: 1160.00
  • ResoLivingAreaSource: Owner

Exterior Features

  • Other Structures: Second Garage, Storage, Workshop, Outbuilding
  • Construction Materials: Stucco, Wood
  • Disclosures/Documents: Seller Property Questionnaire, Transfer Disclosure Statement, Natural Hazard Disclosure Available, Preliminary Title Report
  • Exterior Features: Uncovered Courtyard, Entry Gate
  • Foundation: Raised
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 850000.00
  • Lot Features: Private
  • New Construction: No
  • Pool: No
  • Roof: Shingle, Composition
  • Spa: No
  • Topography: Level,Level

Garage/Parking

  • Garage Spaces: 4.00
  • Parking Features: Private, RV Access, RV Storage, Uncovered Parking Space
  • Driveway/Sidewalks: Gravel, Paved Driveway, Unpaved

Utilities

  • Security: Carbon Mon Detector, Security System Owned, Fire Alarm, Fire Extinguisher, Smoke Detector, Panic Alarm, Security Fence
  • Sewer: Sewer Connected, Private Sewer
  • Utilities: Electric
  • Cooling: Ceiling Fan(s), Central
  • Electric: 220 Volts in Laundry
  • Heating: Central, Radiant Floor
  • Laundry Features: Washer/Dryer Stacked Included
  • Water Source: Water District, Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: San Juan Unified

Lot Info

  • Zoning: SPA
  • Irrigation: Public District, Meter on Site
  • Lot Size Acres: 0.6090
  • Lot Size Sq Ft: 26528.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Current Rent: 5100
  • Lease Type: Net

Multi Family

Tax Info

  • Assessor Parcel Number: 223-0142-043-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2024
Closed on
Apr 22, 2025
Sold by
Kamble Shweta
Bought by
Kamble Hruday
Seller's Agent
Aleena Ungureano
eXp Realty of California Inc.
Buyer's Agent
Aleena Ungureano
eXp Realty of California Inc.
List Price
$850,000
Sold Price
$550,000
Premium/Discount to List
-$300,000
-35.29%
Views
121
Current Estimated Value
$837,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$287,498
Original Mortgage
$111,300
Outstanding Balance
$110,604
Interest Rate
6.65%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Dec 6, 2024
Closed on
Mar 25, 2025
Sold by
Jvc Trust and Chang Chee Chiang
Bought by
Kamble Hruday
Seller's Agent
Aleena Ungureano
eXp Realty of California Inc.
Buyer's Agent
Aleena Ungureano
eXp Realty of California Inc.
List Price
$850,000
Sold Price
$550,000
Premium/Discount to List
-$300,000
-35.29%
Views
121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,300
Outstanding Balance
$110,604
Interest Rate
6.65%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 14, 2023
Sold by
Cochran Aaron and Cochran Cassandra
Bought by
Jvc Trust and Chang

Purchase Details

Closed on
Nov 14, 2019
Sold by
8974 Greenback Llc
Bought by
Cochran Aaron and Cochran Cassandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 21, 2016
Sold by
Mckenry Charles R and Mckenry Jean
Bought by
8974 Greenback Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
3.73%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Deed -- Chicago Title
Grant Deed $229,000 Chicago Title
Grant Deed $142,000 Fidelity National Title Compan
Grant Deed $130,000 Fidelity National Title Co
Grant Deed $210,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $111,300 Seller Take Back
Previous Owner $105,000 Commercial
Previous Owner $210,000 Commercial
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2025 04/28/25 Sold $550,000 -35.3% $474 / Sq Ft
02/20/2025 02/20/25 Pending -- -- --
02/05/2025 02/05/25 Price Changed $850,000 0.0% $733 / Sq Ft
02/05/2025 02/05/25 For Sale $850,000 +53.2% $733 / Sq Ft
01/26/2025 01/26/25 Pending -- -- --
12/06/2024 12/06/24 For Sale $555,000 -- $478 / 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 $5,704 $472,260 $367,200 $105,060
2024 $5,704 $463,000 $360,000 $103,000
2023 $5,882 $357,399 $315,353 $42,046
2022 $5,785 $350,392 $309,170 $41,222
2021 $4,319 $343,522 $303,108 $40,414
2020 $4,241 $340,000 $300,000 $40,000
2019 $2,830 $222,853 $169,793 $53,060
2018 $2,799 $218,484 $166,464 $52,020
2017 $2,773 $214,200 $163,200 $51,000
2016 $2,176 $173,687 $148,838 $24,849
2015 $2,141 $171,079 $146,603 $24,476
2014 $2,099 $167,729 $143,732 $23,997
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 224131586

MetroList

APN: 223-0142-043