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2500 Villa Terrace Lane

2500 Villa Terrace Lane, Sacramento, CA 95825
Property in Arden - Arcade
Sold Mar 25, 2019
$490,000
$392,000 by Guild Mortgage Co
Mortgage Due Apr 01, 2049
Sold Sep 06, 2016
$476,000
$380,760 by Bank Of America Na
Mortgage Due Sep 01, 2046
Local assessors in Sacramento, CA have categorized 2500 Villa Terrace Lane as a residential type of property. The home was built in 2017 and is 7 years old. The property's lot size has been calculated to be 2,770 square feet. 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, 2 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 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2500 Villa Terrace Lane has a total of 1,528 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 420 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. 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 tile. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. The property was last sold in Mar 21, 2019 for $490,000. That's $320.68 per sqft. Prior to that sales transaction, the property was also sold in Aug 30, 2016 for $476,000. 2500 Villa Terrace Lane was last assessed in 2022. The total value of the property was assessed at $515,075. Specifically, the land the property is located on was valued at $157,676. While improvements on the property were assessed at a total of $357,399. 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 $6,305. 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. 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: 2017
  • Effective Year Built: 2017
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 420
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 2,770
  • Total Building Area: 1,528
  • Gross Building Area: 1,528
  • Building Area: 1,528
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,528
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HUNTINGTON AT SIERRA OAKS
  • Land Acres: 0.064
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HUNTINGTON AT SIERRA OAKS, LOT 22, UNIT:: 0, BLOCK:: 0, BLDG:: 0

Ownership

  • Current Owner : SCHWARTZ WILLIAM J
  • Previous Owner : CHANG DIANA
  • Previous Owner 2: LEE DANIEL
  • Owner Before Previous Owner: GENH MUNROE24 GROUP LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: San Juan Unified School District
  • Census Tract: 000005

Zoning

  • Zoning: RD-20

Geography

  • Parcel: 294-0310-022-0000
  • Lot: 22
  • Municipality: SAN JUAN UNIFIED SCHOOL DISTRI
  • Latitude: 38.5728
  • Longitude: -121.403

    Address

  • Full Address: 2500 Villa Terrace Ln
  • Address - House Number: 2500
  • Address - Street Name: Villa Terrace
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Sacramento
  • Carrier Code: C037
  • 4-Digit Zip Code: 8238
  • Zip Code: 95825

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,305
  • Tax Rate Code Area: 54-153

    Appraisal Valuation

  • Standard Deviation: 0.1593
  • Valuation Date: Dec 14, 2022
  • Confidence Score: 80
  • Final Value: 481,682
  • High Value: 558,455
  • Low Value: 404,909

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $502,000
  • First Open Lien Mortgage Lender: GUILD MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Mar 25, 2019
  • First Open Lien Mortgage Loan Amount: $392,000
  • 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: Apr 01, 2049
  • Second Open Lien Mortgage Lender: SAFE CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Dec 15, 2022
  • Second Open Lien Mortgage Loan Amount: $110,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Jan 05, 2053

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $515,075
  • Assessed Land Value: $157,676
  • Assessed Improvements Value: $357,399

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 21, 2019
  • Current Sale Recording Date: Mar 25, 2019
  • Current Sale Transaction ID: 11592193593
  • Current Sale Price: $490,000
  • Current Sale Document Type: Grant Deed
  • Previous Sale Recording Date: Sep 06, 2016
  • Previous Sale Contract Date: Aug 30, 2016
  • Previous Sale Amount: $476,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUILD MORTGAGE CO
  • First Mortgage Transaction Date: Mar 25, 2019
  • First Mortgage Loan Amount: $392,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Sep 06, 2016
  • Previous Mortgage Loan Amount: $380,760
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2046

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Frequently Asked Questions

What neighborhood is 2500 Villa Terrace Lane located in?
The 2500 Villa Terrace Lane is a located in the neighborhood of Arden - Arcade in Arden - Arcade, Sacramento.
What is the average sales price for listings in 2500 Villa Terrace Lane?
The average sales price for units in 2500 Villa Terrace Lane is $0 currently.

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