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2400 I Street

2400 I Street, Sacramento, CA 95816
Property in Midtown
Sold Feb 07, 2022
$750,000
$562,000 by Rocket Mortgage Llc
Mortgage Due Mar 01, 2052
Sold Mar 07, 2008
$375,000
$300,000 by Homecomings Financial Llc
Mortgage Due Apr 01, 2038
Local assessors in Sacramento, CA have categorized 2400 I Street as a residential type of property. The home was built in 1900 and is 124 years old. The property's lot size has been calculated to be 1,920 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 8 rooms in the home. Of these, 3 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 2400 I Street has a total of 2,000 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. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. 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. 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, 2400 I Street sold most recently in Feb 2, 2022 for a total of $750,000. If you work out the math, that's approximately a cost of $375.00 per sqft. Before that, the property was also sold for $375,000 in Feb 29, 2008. 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 $5,598 in taxes each year. 2400 I Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $765,000. If we break it down further, the land itself was valued at $255,000. Improvements to the property, however, were assessed at a total of $510,000. 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: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • 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 Type: Unspecified basement
  • Basement Area: 1,011
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 1,920
  • Total Building Area: 2,000
  • Gross Building Area: 2,000
  • Building Area: 2,000
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,000
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SACRAMENTO
  • Land Acres: 0.044
  • Standard Land Use Code: Single family residential
  • Legal Description 1: W. 24 FT. OF N.1/2 LOT 1 BLK. I & J 24 & 25.

Ownership

  • Current Owner : TANG KEVIN
  • Previous Owner : BARBOUR BERSON FAMILY TRUST
  • Owner Before Previous Owner: TORELLI PETER J
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Single/unmarried man

Neighborhood

  • School District Name: Sacramento City Unified School District
  • Census Tract: 001400

Zoning

  • Zoning: R-3A-SPD

Geography

  • Assessors Map Reference: 52-B4
  • Parcel: 007-0032-004-0000
  • Block: 24,25
  • Lot: 1
  • Municipality: SACRAMENTO, CITY OF
  • Latitude: 38.5761
  • Longitude: -121.474

    Address

  • Full Address: 2400 I St
  • Address - House Number: 2400
  • Address - Street Name: I
  • Address - Suffix Type: St
  • State: CA
  • City Name: Sacramento
  • Carrier Code: C004
  • 4-Digit Zip Code: 4209
  • Zip Code: 95816

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,598
  • Tax Rate Code Area: 03-005

    Appraisal Valuation

  • Standard Deviation: 0.1564
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 80
  • Final Value: 798,613
  • High Value: 923,593
  • Low Value: 673,633

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $562,000
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Feb 07, 2022
  • First Open Lien Mortgage Loan Amount: $562,000
  • 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: Mar 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $765,000
  • Assessed Land Value: $255,000
  • Assessed Improvements Value: $510,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 02, 2022
  • Current Sale Recording Date: Feb 07, 2022
  • Current Sale Transaction ID: 11879288471
  • Current Sale Price: $750,000
  • Current Sale Document Type: Grant Deed
  • Previous Sale Recording Date: Mar 07, 2008
  • Previous Sale Contract Date: Feb 29, 2008
  • Previous Sale Amount: $375,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: ROCKET MORTGAGE LLC
  • First Mortgage Transaction Date: Feb 07, 2022
  • First Mortgage Loan Amount: $562,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: HOMECOMINGS FINANCIAL LLC
  • Previous Mortgage Transaction Date: Mar 07, 2008
  • Previous Mortgage Loan Amount: $300,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Apr 01, 2038

About Central Sacramento



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Frequently Asked Questions

What neighborhood is 2400 I Street located in?
The 2400 I Street is a located in the neighborhood of Midtown in Central Sacramento, Sacramento.
What is the average sales price for listings in 2400 I Street?
The average sales price for units in 2400 I Street is $0 currently.

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