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1220 Margaret Court

1220 Margaret Court, Yuba City, CA 95991
Property in Sutter
Sold Oct 30, 2019
Transfer
$245,275 by Caliber Home Loans Inc
Mortgage Due Nov 01, 2049
Sold Jul 13, 2016
$260,000
$255,280 by Academy Mortgage Corp
Mortgage Due Aug 01, 2046
1220 Margaret Court has been categorized by the local assessors in Yuba City, CA as a residential type of property. The building on the property was first built in 1980 and is 44 years old. The home has a total of 4 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1220 Margaret Court has 1,999 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 13,068 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 467 sqft. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Before that, the property was also sold for $260,000 in Jul 7, 2016. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $3,306 in taxes each year. 1220 Margaret Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $289,915. If we break it down further, the land itself was valued at $61,348. Improvements to the property, however, were assessed at a total of $228,567. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 467
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 13,068
  • Total Building Area: 1,999
  • Gross Building Area: 1,999
  • Building Area: 1,999
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,999
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HOMEWOOD ESTATES UNIT 2
  • Land Acres: 0.3
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUB: HOMEWOOD EST, UNIT 2 PLAT BOOK: 12 PLAT PAGE: 41 LOT: 60

Ownership

  • Current Owner : MARQUEZ SAUL MACIAS
  • Current Owner 2: GOMEZ ELVA C
  • Previous Owner : MACIAS SAUL
  • Previous Owner 2: GOMEZ ELVA CASTELLANOS
  • Owner Before Previous Owner: DUNN CLAYTON
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Yuba City Unified School District
  • Census Tract: 050401

Zoning

  • Zoning: R1

Geography

  • Parcel: 054-191-008-000
  • Lot: 60
  • Latitude: 39.11
  • Longitude: -121.623

    Address

  • Full Address: 1220 Margaret Ct
  • Address - House Number: 1220
  • Address - Street Name: Margaret
  • Address - Suffix Type: Ct
  • State: CA
  • City Name: Yuba City
  • Carrier Code: C015
  • 4-Digit Zip Code: 6514
  • Zip Code: 95991

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,306
  • Tax Rate Code Area: 1-007

    Appraisal Valuation

  • Standard Deviation: 0.0634
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 97
  • Final Value: 470,376
  • High Value: 500,204
  • Low Value: 440,548

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $254,865
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Oct 30, 2019
  • First Open Lien Mortgage Loan Amount: $245,275
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2049
  • Second Open Lien Mortgage Lender: SECRETARY OF HOUSING AND URBAN
  • Second Open Lien Mortgage Recording Date: Oct 14, 2020
  • Second Open Lien Mortgage Loan Amount: $9,590
  • Second Open Lien Mortgage Term: 350
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Nov 01, 2049

    Market Valuation

  • Market Total Value: $289,915

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $289,915
  • Assessed Land Value: $61,348
  • Assessed Improvements Value: $228,567

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 24, 2019
  • Current Sale Recording Date: Oct 30, 2019
  • Current Sale Transaction ID: 11704683621
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 2019-0015265
  • Previous Sale Recording Date: Jul 13, 2016
  • Previous Sale Contract Date: Jul 07, 2016
  • Previous Sale Amount: $260,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOME LOANS INC
  • First Mortgage Transaction Date: Oct 30, 2019
  • First Mortgage Loan Amount: $245,275
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: ACADEMY MORTGAGE CORP
  • Previous Mortgage Transaction Date: Jul 13, 2016
  • Previous Mortgage Loan Amount: $255,280
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Aug 01, 2046

About Yuba City



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Frequently Asked Questions

What neighborhood is 1220 Margaret Court located in?
The 1220 Margaret Court is a located in the neighborhood of Sutter in Yuba City, Yuba City.
What is the average sales price for listings in 1220 Margaret Court?
The average sales price for units in 1220 Margaret Court is $0 currently.

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