Check Availability

2261 Cervantes Drive

2261 Cervantes Drive, Rancho Cordova, CA 95670
Property in Cordova Terrace
Sold Dec 21, 2023
$470,000
$455,900 by Premier Mortgage Resources Llc
Mortgage Due Jan 01, 2054
Sold Oct 02, 2008
$189,000
$186,538 by Reunion Mortgage Inc
Mortgage Due Oct 01, 2038
2261 Cervantes Drive in Rancho Cordova, CA was first built in 1969 and is 55 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 6 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. 2261 Cervantes Drive has 1,600 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 9,720 square feet.

Learn more about the property and building on this page. The roof of the home is made of composition shingle. For those who need parking, there is a garage. The garage is 570 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 average. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a 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 Dec 13, 2023 for $470,000. That's $293.75 per sqft. Prior to that sales transaction, the property was also sold in Sep 2, 2008 for $189,000. 2261 Cervantes Drive was last assessed in 2023. The total value of the property was assessed at $233,921. Specifically, the land the property is located on was valued at $144,563. While improvements on the property were assessed at a total of $89,358. 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 $3,216. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • 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: 570
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,720
  • Total Building Area: 1,600
  • Gross Building Area: 1,600
  • Building Area: 1,600
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,600
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CORDOVA TERRACE 01
  • Land Acres: 0.223
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CORDOVA TERRACE 01, LOT 86

Ownership

  • Current Owner : SMITH CODY
  • Current Owner 2: SMITH SIREENA
  • Previous Owner : BRUCE DEVIN LEE
  • Previous Owner 2: RAINY JULY
  • Owner Before Previous Owner: DEUTSCHE BANK NATIONAL TRUST COMPANY
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Folsom-Cordova Unified School District
  • Census Tract: 008907

Zoning

  • Zoning: RD 5

Geography

  • Assessors Map Reference: 42-A3
  • Parcel: 058-0082-019-0000
  • Lot: 86
  • Municipality: RANCHO CORDOVA, CITY OF
  • Latitude: 38.6147
  • Longitude: -121.279

    Address

  • Full Address: 2261 Cervantes Dr
  • Address - House Number: 2261
  • Address - Street Name: Cervantes
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Rancho Cordova
  • Carrier Code: C029
  • 4-Digit Zip Code: 4125
  • Zip Code: 95670

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,216
  • Tax Rate Code Area: 08-011

    Appraisal Valuation

  • Standard Deviation: 0.0572
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 98
  • Final Value: 475,017
  • High Value: 502,219
  • Low Value: 447,816

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $470,000
  • First Open Lien Mortgage Lender: PREMIER MORTGAGE RESOURCES LLC
  • First Open Lien Mortgage Recording Date: Dec 21, 2023
  • First Open Lien Mortgage Loan Amount: $455,900
  • 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: Jan 01, 2054
  • Second Open Lien Mortgage Recording Date: Dec 21, 2023
  • Second Open Lien Mortgage Loan Amount: $14,100
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Jan 01, 2054

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $233,921
  • Assessed Land Value: $144,563
  • Assessed Improvements Value: $89,358

    Sales

  • Current Sale Contract Date: Dec 13, 2023
  • Current Sale Recording Date: Dec 21, 2023
  • Current Sale Transaction ID: 11918373558
  • Current Sale Price: $470,000
  • Current Sale Document Type: Grant Deed
  • Previous Sale Recording Date: Oct 02, 2008
  • Previous Sale Contract Date: Sep 02, 2008
  • Previous Sale Amount: $189,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: PREMIER MORTGAGE RESOURCES LLC
  • First Mortgage Transaction Date: Dec 21, 2023
  • First Mortgage Loan Amount: $455,900
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2054
  • Second Mortgage Transaction Date: Dec 21, 2023
  • Second Mortgage Loan Amount: $14,100
  • Second Mortgage Terms: 31
  • Second Mortgage Loan Type: New Conventional
  • Second Mortgage Loan Due Date: Feb 10, 2054

    Previous Mortgages

  • Previous Mortgage Lender: REUNION MORTGAGE INC
  • Previous Mortgage Transaction Date: Oct 02, 2008
  • Previous Mortgage Loan Amount: $186,538
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Oct 01, 2038

About Cordova Terrace



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 2261 Cervantes Drive located in?
The 2261 Cervantes Drive is a located in the neighborhood of Cordova Terrace in Cordova Terrace, Rancho Cordova.
What is the average sales price for listings in 2261 Cervantes Drive?
The average sales price for units in 2261 Cervantes Drive is $0 currently.

Nearby Counties
Quantcast