Check Availability

1321 40th Street

1321 40th Street, Sacramento, CA 95819
Property in East Sacramento
Sold Jun 11, 2021
$1,025,000
$1,500,000 by Umpqua Bank
Mortgage Due May 01, 2053
Sold Aug 15, 2012
$659,000
$527,200 by Mortgage Services Professional
Mortgage Due Sep 01, 2042
Local assessors in Sacramento, CA have categorized 1321 40th Street as a residential type of property. The home was built in 1918 and is 106 years old. It was most recently renovated and altered in 1929. The property's lot size has been calculated to be 7,196 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 4 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1321 40th Street has a total of 3,214 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 240 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. The building has a roof that is made of wood shake/ shingles. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1321 40th Street was last sold in May 28, 2021 for $1,025,000. According to our calculations, that's $318.92 per sqft. Prior to that sales transaction, the property was sold for $659,000 in Jul 26, 2012. Current property owners are expected to pay $12,314 in taxes per year. The property on 1321 40th Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,166,410. To break that down further, the land itself was valued at $494,190. While improvements to the property were assessed at a total of $672,220. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. 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!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1918
  • Effective Year Built: 1929
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Wood
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 240
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,196
  • Total Building Area: 3,214
  • Gross Building Area: 3,214
  • Building Area: 3,214
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,214
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: W & K TRACT 24
  • Land Acres: 0.165
  • Standard Land Use Code: Single family residential
  • Legal Description 1: W & K TRACT 24, LOT 1592

Ownership

  • Current Owner : MULHALL DAVID A
  • Previous Owner : ANDERSON AMY
  • Previous Owner 2: BARREYRA BRUNO
  • Owner Before Previous Owner: NOLAN THOMAS JOSEPH
  • Owner Before Previous Owner 2: JEANADA H NOLAN LIVING TRUST
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Sacramento City Unified School District
  • Census Tract: 001500

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 52-D5
  • Subdivision Tract Number: 24
  • Parcel: 008-0202-006-0000
  • Lot: 1592
  • Municipality: SACRAMENTO, CITY OF
  • Latitude: 38.5663
  • Longitude: -121.454

    Address

  • Full Address: 1321 40th St
  • Address - House Number: 1321
  • Address - Street Name: 40th
  • Address - Suffix Type: St
  • State: CA
  • City Name: Sacramento
  • Carrier Code: C022
  • 4-Digit Zip Code: 4028
  • Zip Code: 95819

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,314
  • Tax Rate Code Area: 03-005

    Appraisal Valuation

  • Standard Deviation: 0.1446
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 82
  • Final Value: 988,855
  • High Value: 1,131,854
  • Low Value: 845,856

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,500,000
  • First Open Lien Mortgage Lender: UMPQUA BANK
  • First Open Lien Mortgage Recording Date: Apr 15, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,500,000
  • First Open Lien Mortgage Term: 372
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: May 01, 2053

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,166,410
  • Assessed Land Value: $494,190
  • Assessed Improvements Value: $672,220

    Sales

  • Current Sale Contract Date: May 28, 2021
  • Current Sale Recording Date: Jun 11, 2021
  • Current Sale Transaction ID: 11839776690
  • Current Sale Price: $1,025,000
  • Current Sale Document Type: Grant Deed
  • Previous Sale Recording Date: Aug 15, 2012
  • Previous Sale Contract Date: Jul 26, 2012
  • Previous Sale Amount: $659,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS LLC
  • First Mortgage Transaction Date: Jun 11, 2021
  • First Mortgage Loan Amount: $922,397
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: MORTGAGE SERVICES PROFESSIONAL
  • Previous Mortgage Transaction Date: Aug 15, 2012
  • Previous Mortgage Loan Amount: $527,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2042

About Central Sacramento



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1321 40th Street located in?
The 1321 40th Street is a located in the neighborhood of East Sacramento in Central Sacramento, Sacramento.
What is the average sales price for listings in 1321 40th Street?
The average sales price for units in 1321 40th Street is $0 currently.

Quantcast