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124 Morey Avenue

124 Morey Avenue, Sacramento, CA 95838
Property in Johnson Heights
Sold May 15, 2006
$150,500
$228,000 by Countrywide Bank Na
Mortgage Due Jun 01, 2036
124 Morey Avenue has been categorized by the local assessors in Sacramento, CA as a residential type of property. The building on the property was first built in 1992 and is 32 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as 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, 124 Morey Avenue has 1,232 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 11,880 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a custom style.

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 400 sqft. According to our sources, there are a total of 2 available parking spaces. Love to swim? You'll be excited to find out that there is a pool on the property. 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 roof of the building is made of composition shingle. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 124 Morey Avenue sold most recently in May 3, 2006 for a total of $150,500. If you work out the math, that's approximately a cost of $122.16 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,383 in taxes each year. 124 Morey Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $105,955. If we break it down further, the land itself was valued at $992. Improvements to the property, however, were assessed at a total of $104,963. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1992
  • Effective Year Built: 1992
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Custom
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 11,880
  • Total Building Area: 1,232
  • Gross Building Area: 1,232
  • Building Area: 1,232
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,232
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.273
  • Standard Land Use Code: Single family residential
  • Legal Description 1: THE S 120 FT OF THE N 145 FT OF THE W 99 FT OF PCL B, PM 101-26.CONTG 11,880 SQ FT M/L.

Ownership

  • Current Owner : LEE LERON
  • Current Owner 2: LEE VICQUIE
  • Previous Owner : LEE LEON
  • Previous Owner 2: LEE JEWEL E
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Twin Rivers Unified School District
  • Census Tract: 006705

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 32-C7
  • Parcel: 250-0342-026-0000
  • Municipality: SACRAMENTO, CITY OF
  • Latitude: 38.6345
  • Longitude: -121.466

    Address

  • Full Address: 124 Morey Ave
  • Address - House Number: 124
  • Address - Street Name: Morey
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Sacramento
  • Carrier Code: C010
  • 4-Digit Zip Code: 3220
  • Zip Code: 95838

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,383
  • Tax Rate Code Area: 03-254

    Appraisal Valuation

  • Standard Deviation: 0.1617
  • Valuation Date: Jul 19, 2023
  • Confidence Score: 79
  • Final Value: 363,701
  • High Value: 422,530
  • Low Value: 304,873

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $228,000
  • First Open Lien Mortgage Lender: COUNTRYWIDE BANK NA
  • First Open Lien Mortgage Recording Date: May 15, 2006
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $228,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Negative Amortization
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2036

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $105,955
  • Assessed Land Value: $992
  • Assessed Improvements Value: $104,963

    Sales

  • Current Sale Contract Date: May 03, 2006
  • Current Sale Recording Date: May 15, 2006
  • Current Sale Transaction ID: 1045145765
  • Current Sale Price: $150,500
  • Current Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: COUNTRYWIDE BANK NA
  • First Mortgage Transaction Date: May 15, 2006
  • First Mortgage Loan Amount: $228,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Negative Amortization
  • First Mortgage Loan Due Date: Jun 01, 2036

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About North Sacramento



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Frequently Asked Questions

What neighborhood is 124 Morey Avenue located in?
The 124 Morey Avenue is a located in the neighborhood of Johnson Heights in North Sacramento, Sacramento.
What is the average sales price for listings in 124 Morey Avenue?
The average sales price for units in 124 Morey Avenue is $0 currently.

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