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1917 40th Street

1917 40th Street, Sacramento, CA 95819
House in Elmhurst
Sold May 26, 2021
$700,000
$595,000 by Summit Funding Inc
Mortgage Due Jun 01, 2051
Sold Oct 18, 2016
$480,000
$432,000 by Homestreet Bank
Mortgage Due Nov 01, 2046
1917 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 1935 and is 89 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 2 stories. In addition, 1917 40th Street has 1,431 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 3,920 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 480 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 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. There is a single fireplace in the home. Perfect for those wintery nights. 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, 1917 40th Street sold most recently in May 24, 2021 for a total of $700,000. If you work out the math, that's approximately a cost of $489.17 per sqft. Before that, the property was also sold for $480,000 in Oct 14, 2016. 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 $8,407 in taxes each year. 1917 40th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $728,280. If we break it down further, the land itself was valued at $218,484. Improvements to the property, however, were assessed at a total of $509,796. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1935
  • Effective Year Built: 1935
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 480
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,920
  • Total Building Area: 1,431
  • Gross Building Area: 1,431
  • Building Area: 1,431
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,431
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ELMHURST MAP #2
  • Land Acres: 0.09
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N 40 FT LOTS 112-113 ELMHURST

Ownership

  • Current Owner : CERNEY ERIC M
  • Current Owner 2: CERNEY BRYANNA N
  • Previous Owner : MARTIN NICHOLAS
  • Previous Owner 2: MARTIN ERIN
  • Owner Before Previous Owner: WAYMIRE HOWARD CLEVE
  • Owner Before Previous Owner 2: WAYMIRE DIANTHA ANN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Sacramento City Unified School District
  • Census Tract: 001702

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 52-D7
  • Parcel: 011-0111-001-0000
  • Lot: 112
  • Municipality: SACRAMENTO, CITY OF
  • Latitude: 38.5586
  • Longitude: -121.457

    Address

  • Full Address: 1917 40th St
  • Address - House Number: 1917
  • Address - Street Name: 40th
  • Address - Suffix Type: St
  • State: CA
  • City Name: Sacramento
  • Carrier Code: C001
  • 4-Digit Zip Code: 4703
  • Zip Code: 95819

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,407
  • Tax Rate Code Area: 03-005

    Appraisal Valuation

  • Standard Deviation: 0.1501
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 81
  • Final Value: 705,275
  • High Value: 811,173
  • Low Value: 599,378

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $595,000
  • First Open Lien Mortgage Lender: SUMMIT FUNDING INC
  • First Open Lien Mortgage Recording Date: May 26, 2021
  • First Open Lien Mortgage Loan Amount: $595,000
  • 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: Jun 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $728,280
  • Assessed Land Value: $218,484
  • Assessed Improvements Value: $509,796

    Sales

  • Current Sale Contract Date: May 24, 2021
  • Current Sale Recording Date: May 26, 2021
  • Current Sale Transaction ID: 11836786076
  • Current Sale Price: $700,000
  • Current Sale Document Type: Grant Deed
  • Previous Sale Recording Date: Oct 18, 2016
  • Previous Sale Contract Date: Oct 14, 2016
  • Previous Sale Amount: $480,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: SUMMIT FUNDING INC
  • First Mortgage Transaction Date: May 26, 2021
  • First Mortgage Loan Amount: $595,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: HOMESTREET BANK
  • Previous Mortgage Transaction Date: Oct 18, 2016
  • Previous Mortgage Loan Amount: $432,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2046

About Southeastern Sacramento



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Frequently Asked Questions

What neighborhood is 1917 40th Street located in?
The 1917 40th Street is a house located in the neighborhood of Elmhurst in Southeastern Sacramento, Sacramento.
What is the average sales price for listings in 1917 40th Street?
The average sales price for units in 1917 40th Street is $0 currently.

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