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1513 40th Street

1513 40th Street, Sacramento, CA 95819
Property in East Sacramento
Sold May 24, 2021
$1,200,000
$750,000 by Loandepotcom Llc
Mortgage Due May 01, 2052
Sold May 17, 2019
$875,000
$455,000 by Quicken Loans Inc
Mortgage Due Jun 01, 2049
1513 40th Street 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 1927 and is 97 years old. However, we must point out that the home was most recently renovated and altered in 1957. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 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, 1513 40th Street has 3,527 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 4,850 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown.

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 378 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 good. 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 wood shake/ shingles. 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. The property was last sold in May 19, 2021 for $1,200,000. That's $340.23 per sqft. Prior to that sales transaction, the property was also sold in May 15, 2019 for $875,000. 1513 40th Street was last assessed in 2023. The total value of the property was assessed at $1,303,480. Specifically, the land the property is located on was valued at $442,170. While improvements on the property were assessed at a total of $861,310. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $14,332. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1927
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Wood
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 378
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 4,850
  • Total Building Area: 3,527
  • Gross Building Area: 3,527
  • Building Area: 3,527
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,527
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WRIGHT & KIMBROUGH TR 24 ADDN
  • Land Acres: 0.111
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WRIGHT & KIMBROUGH TR 24 ADDN, LOT 2256

Ownership

  • Current Owner : ASERCION MOORE LIAN CORETTA
  • Current Owner 2: MICHELETTI JESSICA ELLEN
  • Previous Owner : CHAMBERLEN RHONDA
  • Previous Owner 2: CHAMBERLEN RICHARD
  • Owner Before Previous Owner: BARTEL SHERB FAMILY TRUST
  • Is Owner Occupied: Owner-occupied property
  • 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-D6
  • Subdivision Tract Number: 24
  • Parcel: 008-0412-016-0000
  • Lot: 2256
  • Municipality: SACRAMENTO, CITY OF
  • Latitude: 38.564
  • Longitude: -121.455

    Address

  • Full Address: 1513 40th St
  • Address - House Number: 1513
  • Address - Street Name: 40th
  • Address - Suffix Type: St
  • State: CA
  • City Name: Sacramento
  • Carrier Code: C033
  • 4-Digit Zip Code: 4032
  • Zip Code: 95819

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,332
  • Tax Rate Code Area: 03-005

    Appraisal Valuation

  • Standard Deviation: 0.1446
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 82
  • Final Value: 1,100,808
  • High Value: 1,259,997
  • Low Value: 941,620

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $750,000
  • First Open Lien Mortgage Lender: LOANDEPOTCOM LLC
  • First Open Lien Mortgage Recording Date: Apr 18, 2022
  • First Open Lien Mortgage Loan Amount: $750,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,303,480
  • Assessed Land Value: $442,170
  • Assessed Improvements Value: $861,310

    Sales

  • Current Sale Contract Date: May 19, 2021
  • Current Sale Recording Date: May 24, 2021
  • Current Sale Transaction ID: 11836243068
  • Current Sale Price: $1,200,000
  • Current Sale Document Type: Grant Deed
  • Previous Sale Recording Date: May 17, 2019
  • Previous Sale Contract Date: May 15, 2019
  • Previous Sale Amount: $875,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: LOANDEPOT.COM LLC
  • First Mortgage Transaction Date: May 24, 2021
  • First Mortgage Loan Amount: $598,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: QUICKEN LOANS INC
  • Previous Mortgage Transaction Date: May 17, 2019
  • Previous Mortgage Loan Amount: $455,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2049

About Central Sacramento



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Frequently Asked Questions

What neighborhood is 1513 40th Street located in?
The 1513 40th Street is a located in the neighborhood of East Sacramento in Central Sacramento, Sacramento.
What is the average sales price for listings in 1513 40th Street?
The average sales price for units in 1513 40th Street is $0 currently.

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