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2174 Promontory Point Lane

2174 Promontory Point Lane, Rancho Cordova, CA 95670
Property in Promontory Point
Sold Dec 09, 2021
$565,000
$330,000 by Pacific Service Credit Union
Mortgage Due Nov 01, 2052
Sold Sep 25, 2015
$359,000
$370,847 by Ifreedom Direct Corp
Mortgage Due Oct 01, 2045
2174 Promontory Point Lane in Rancho Cordova, CA was first built in 1989 and is 35 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. There are a total of 2 floors. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 2174 Promontory Point Lane has 1,981 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 2,058 square feet.

Learn more about the property and building on this page. 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 wood shake/ shingles. For those who need parking, there is a garage. The garage is 420 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 B. The condition of the building has been evaluated as average. 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. 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, 2174 Promontory Point Lane sold most recently in Nov 22, 2021 for a total of $565,000. If you work out the math, that's approximately a cost of $285.21 per sqft. Before that, the property was also sold for $359,000 in Sep 21, 2015. 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 $7,009 in taxes each year. 2174 Promontory Point Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $555,000. If we break it down further, the land itself was valued at $125,000. Improvements to the property, however, were assessed at a total of $430,000. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Custom
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 2,058
  • Total Building Area: 1,981
  • Gross Building Area: 1,981
  • Building Area: 1,981
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,981
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PROMONTORY POINT
  • Land Acres: 0.047
  • Standard Land Use Code: Planned unit development (pud residential)
  • Legal Description 1: PROMONTORY POINT, LOT 6

Ownership

  • Current Owner : GRAY MICHELE
  • Previous Owner : THOMPSON CARL
  • Previous Owner 2: WAIT THOMPSON SUSAN
  • Owner Before Previous Owner: REITHER JOHN P
  • Owner Before Previous Owner 2: REITHER SARA B
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Revocable Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: San Juan Unified School District
  • Census Tract: 008703

Zoning

  • Zoning: SPA

Geography

  • Assessors Map Reference: 42-C1
  • Parcel: 069-0170-044-0000
  • Lot: 6
  • Municipality: SAN JUAN UNIFIED SCHOOL DISTRI
  • Latitude: 38.6303
  • Longitude: -121.26

    Address

  • Full Address: 2174 Promontory Point Ln
  • Address - House Number: 2174
  • Address - Street Name: Promontory Point
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Rancho Cordova
  • Carrier Code: C030
  • 4-Digit Zip Code: 7272
  • Zip Code: 95670

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,009
  • Tax Rate Code Area: 54-460

    Appraisal Valuation

  • Standard Deviation: 0.1758
  • Valuation Date: Jul 19, 2023
  • Confidence Score: 77
  • Final Value: 611,828
  • High Value: 719,399
  • Low Value: 504,257

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $330,000
  • First Open Lien Mortgage Lender: PACIFIC SERVICE CREDIT UNION
  • First Open Lien Mortgage Recording Date: Oct 06, 2022
  • First Open Lien Mortgage Loan Amount: $330,000
  • 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: Nov 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $555,000
  • Assessed Land Value: $125,000
  • Assessed Improvements Value: $430,000

    Sales

  • Current Sale Contract Date: Nov 22, 2021
  • Current Sale Recording Date: Dec 09, 2021
  • Current Sale Transaction ID: 11873624814
  • Current Sale Price: $565,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021120901370
  • Previous Sale Recording Date: Sep 25, 2015
  • Previous Sale Contract Date: Sep 21, 2015
  • Previous Sale Amount: $359,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUILD MORTGAGE CO
  • First Mortgage Transaction Date: Dec 09, 2021
  • First Mortgage Loan Amount: $367,317
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: IFREEDOM DIRECT CORP
  • Previous Mortgage Transaction Date: Sep 25, 2015
  • Previous Mortgage Loan Amount: $370,847
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Oct 01, 2045

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Frequently Asked Questions

What neighborhood is 2174 Promontory Point Lane located in?
The 2174 Promontory Point Lane is a located in the neighborhood of Promontory Point in Gold River, Rancho Cordova.
What is the average sales price for listings in 2174 Promontory Point Lane?
The average sales price for units in 2174 Promontory Point Lane is $0 currently.

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