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2516 2nd Avenue

2516 2nd Avenue, Sacramento, CA 95818
Property in Highland Park
Sold Nov 30, 2021
$700,000
$595,000 by Sprout Mortgage Llc
Mortgage Due Dec 01, 2051
Sold Jun 12, 2007
$209,000
Local assessors in Sacramento, CA have categorized 2516 2nd Avenue as a residential type of property. The home was built in 1926 and is 98 years old. The property's lot size has been calculated to be 4,792 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a custom style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 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 2516 2nd Avenue has a total of 2,980 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 470 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 good. 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. The property was last sold in Nov 23, 2021 for $700,000. That's $234.90 per sqft. Prior to that sales transaction, the property was also sold in Jun 1, 2007 for $209,000. 2516 2nd Avenue was last assessed in 2023. The total value of the property was assessed at $714,000. Specifically, the land the property is located on was valued at $204,000. While improvements on the property were assessed at a total of $510,000. 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 $8,314. 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. 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: 1926
  • Effective Year Built: 1926
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • 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: 470
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,792
  • Total Building Area: 2,980
  • Gross Building Area: 2,980
  • Building Area: 2,980
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,980
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HIGHLAND PARK ADDITION
  • Land Acres: 0.11
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 6, IN BLOCK Q, HIGHLAND PARK ADDITION TO SACRAMENTO EXCEPTING THEREFROM A POR OF SD LOT 6 OF THE SD SUB DESC AS BEG AT A

Ownership

  • Current Owner : KREEGER NATHAN
  • Previous Owner : GARCIA FELIX M
  • Previous Owner 2: MARTINEZ ANTHONY J
  • Owner Before Previous Owner: ING HELEN H
  • Owner Before Previous Owner 2: ING KATHLEEN E
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Sacramento City Unified School District
  • Census Tract: 002600

Zoning

  • Zoning: R-4

Geography

  • Assessors Map Reference: 52-B7
  • Parcel: 010-0354-026-0000
  • Block: Q
  • Lot: 6
  • Municipality: SACRAMENTO, CITY OF
  • Latitude: 38.5545
  • Longitude: -121.482

    Address

  • Full Address: 2516 2nd Ave
  • Address - House Number: 2516
  • Address - Street Name: 2nd
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Sacramento
  • Carrier Code: C001
  • 4-Digit Zip Code: 3205
  • Zip Code: 95818

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,314
  • Tax Rate Code Area: 03-005

    Appraisal Valuation

  • Standard Deviation: 0.1829
  • Valuation Date: Jul 19, 2023
  • Confidence Score: 76
  • Final Value: 717,963
  • High Value: 849,342
  • Low Value: 586,584

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $595,000
  • First Open Lien Mortgage Lender: SPROUT MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Nov 30, 2021
  • First Open Lien Mortgage Loan Amount: $595,000
  • 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: Dec 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $714,000
  • Assessed Land Value: $204,000
  • Assessed Improvements Value: $510,000

    Sales

  • Current Sale Contract Date: Nov 23, 2021
  • Current Sale Recording Date: Nov 30, 2021
  • Current Sale Transaction ID: 11871614689
  • Current Sale Price: $700,000
  • Current Sale Document Type: Grant Deed
  • Previous Sale Recording Date: Jun 12, 2007
  • Previous Sale Contract Date: Jun 01, 2007
  • Previous Sale Amount: $209,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: SPROUT MORTGAGE LLC
  • First Mortgage Transaction Date: Nov 30, 2021
  • First Mortgage Loan Amount: $595,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

About Southeastern Sacramento



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Frequently Asked Questions

What neighborhood is 2516 2nd Avenue located in?
The 2516 2nd Avenue is a located in the neighborhood of Highland Park in Southeastern Sacramento, Sacramento.
What is the average sales price for listings in 2516 2nd Avenue?
The average sales price for units in 2516 2nd Avenue is $0 currently.

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