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197 Bay Drive

197 Bay Drive, Sacramento, CA 95815
Property in Noralto
Sold Nov 21, 2017
$277,500
$263,250 by Paramount Residential Mortgage
Mortgage Due Mar 01, 2052
Sold Nov 14, 2016
$115,000
197 Bay Drive in Sacramento, CA was first built in 1950 and is 74 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a custom style. It is a single story home. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 197 Bay Drive has 2,080 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 8,712 square feet.

Learn more about the property and building on this page. There is a screened patio. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The roof of the home is made of composition shingle. For those who need parking, there is a garage. The garage is 572 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as good. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Nov 17, 2017 for $277,500. That's $133.41 per sqft. Prior to that sales transaction, the property was also sold in Nov 8, 2016 for $115,000. 197 Bay Drive was last assessed in 2023. The total value of the property was assessed at $303,484. Specifically, the land the property is located on was valued at $82,022. While improvements on the property were assessed at a total of $221,462. 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 $3,609. 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. 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: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • 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: 572
  • Parking Space Count: 2
  • Patio Type: Patio - screened
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 8,712
  • Total Building Area: 2,080
  • Gross Building Area: 2,080
  • Building Area: 2,080
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,080
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VAL VISTA TERRACE
  • Land Acres: 0.2
  • Standard Land Use Code: Single family residential
  • Legal Description 1: E 2.5 FT LOT 65 & ALL OF LOT 66 AMD PLAT OF VALVISTA TERRACE

Ownership

  • Current Owner : REED BRANDON A
  • Current Owner 2: REED SILVANA A
  • Previous Owner : THE MONEY BROKERS INC
  • Owner Before Previous Owner: EMS LP
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Twin Rivers Unified School District
  • Census Tract: 006803

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 34-C4
  • Parcel: 263-0213-013-0000
  • Lot: 65,66
  • Municipality: SACRAMENTO, CITY OF
  • Latitude: 38.6133
  • Longitude: -121.462

    Address

  • Full Address: 197 Bay Dr
  • Address - House Number: 197
  • Address - Street Name: Bay
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Sacramento
  • Carrier Code: C016
  • 4-Digit Zip Code: 2017
  • Zip Code: 95815

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,609
  • Tax Rate Code Area: 03-257

    Appraisal Valuation

  • Standard Deviation: 0.1872
  • Valuation Date: Jul 19, 2023
  • Confidence Score: 75
  • Final Value: 446,024
  • High Value: 529,540
  • Low Value: 362,508

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $263,250
  • First Open Lien Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • First Open Lien Mortgage Recording Date: Feb 09, 2022
  • First Open Lien Mortgage Loan Amount: $263,250
  • 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: Mar 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $303,484
  • Assessed Land Value: $82,022
  • Assessed Improvements Value: $221,462

    Sales

  • Current Sale Contract Date: Nov 17, 2017
  • Current Sale Recording Date: Nov 21, 2017
  • Current Sale Transaction ID: 11309128121
  • Current Sale Price: $277,500
  • Current Sale Document Type: Grant Deed
  • Previous Sale Recording Date: Nov 14, 2016
  • Previous Sale Contract Date: Nov 08, 2016
  • Previous Sale Amount: $115,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: MANN MORTGAGE LLC
  • First Mortgage Transaction Date: Nov 21, 2017
  • First Mortgage Loan Amount: $272,473
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2047

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Frequently Asked Questions

What neighborhood is 197 Bay Drive located in?
The 197 Bay Drive is a located in the neighborhood of Noralto in North Sacramento, Sacramento.
What is the average sales price for listings in 197 Bay Drive?
The average sales price for units in 197 Bay Drive is $0 currently.

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