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2225 Forestlake Drive

2225 Forestlake Drive, Rancho Cordova, CA 95670
Property in Rossmoor
Sold Nov 03, 2017
$275,000
$297,000 by United Wholesale Mortgage
Mortgage Due Sep 01, 2051
Sold May 29, 2008
$170,000
$136,000 by Gmac Mortgage Llc
Mortgage Due Jun 01, 2038
Local assessors in Rancho Cordova, CA have categorized 2225 Forestlake Drive as a residential type of property. The home was built in 1971 and is 53 years old. The property's lot size has been calculated to be 6,970 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 6 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 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2225 Forestlake Drive has a total of 1,122 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 328 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has a unknown so you'll have a great option in the back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 - C. The building has a roof that is made of composition shingle. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. 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, 2225 Forestlake Drive was last sold in Nov 2, 2017 for $275,000. According to our calculations, that's $245.10 per sqft. Prior to that sales transaction, the property was sold for $170,000 in May 23, 2008. Current property owners are expected to pay $3,481 in taxes per year. The property on 2225 Forestlake Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $300,749. To break that down further, the land itself was valued at $82,022. While improvements to the property were assessed at a total of $218,727. 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. 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.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: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 328
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,970
  • Total Building Area: 1,122
  • Gross Building Area: 1,122
  • Building Area: 1,122
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,122
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ROSSMOOR 08
  • Land Acres: 0.16
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ROSSMOOR 08, LOT 509

Ownership

  • Current Owner : RIDLEY MIKEL
  • Previous Owner : LUI KATHERINE
  • Owner Before Previous Owner: FEDERAL NATIONAL MORTGAGE ASSOCIATION
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Folsom-Cordova Unified School District
  • Census Tract: 008913

Zoning

  • Zoning: RD 5

Geography

  • Assessors Map Reference: 41-E4
  • Parcel: 056-0204-005-0000
  • Lot: 509
  • Municipality: RANCHO CORDOVA, CITY OF
  • Latitude: 38.6131
  • Longitude: -121.292

    Address

  • Full Address: 2225 Forestlake Dr
  • Address - House Number: 2225
  • Address - Street Name: Forestlake
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Rancho Cordova
  • Carrier Code: C049
  • 4-Digit Zip Code: 2461
  • Zip Code: 95670

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,481
  • Tax Rate Code Area: 08-011

    Appraisal Valuation

  • Standard Deviation: 0.1958
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 73
  • Final Value: 428,061
  • High Value: 511,886
  • Low Value: 344,237

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $297,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Aug 25, 2021
  • First Open Lien Mortgage Loan Amount: $297,000
  • 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: Sep 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $300,749
  • Assessed Land Value: $82,022
  • Assessed Improvements Value: $218,727

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 02, 2017
  • Current Sale Recording Date: Nov 03, 2017
  • Current Sale Transaction ID: 11291879172
  • Current Sale Price: $275,000
  • Current Sale Document Type: Grant Deed
  • Previous Sale Recording Date: May 29, 2008
  • Previous Sale Contract Date: May 23, 2008
  • Previous Sale Amount: $170,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: CHERRY CREEK MORTGAGE CO INC
  • First Mortgage Transaction Date: Nov 03, 2017
  • First Mortgage Loan Amount: $9,625
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Stand Alone Second

    Previous Mortgages

  • Previous Mortgage Lender: GMAC MORTGAGE LLC
  • Previous Mortgage Transaction Date: May 29, 2008
  • Previous Mortgage Loan Amount: $136,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jun 01, 2038

About Rossmoor



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Frequently Asked Questions

What neighborhood is 2225 Forestlake Drive located in?
The 2225 Forestlake Drive is a located in the neighborhood of Rossmoor in Rossmoor, Rancho Cordova.
What is the average sales price for listings in 2225 Forestlake Drive?
The average sales price for units in 2225 Forestlake Drive is $0 currently.

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