Check Availability

308 Tower Way

308 Tower Way, Newman, CA 95360
Property in Sherman Ranch
Sold Aug 26, 2020
Transfer
$365,120 by Broker Solutions Inc
Mortgage Due Sep 01, 2050
Sold Aug 26, 2020
$427,000
308 Tower Way has been categorized by the local assessors in Newman, CA as a residential type of property. The building on the property was first built in 2019 and is 5 years old. The home has a total of 4 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. In addition, 308 Tower Way has 2,170 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 9,056 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. According to our sources, there are a total of 3 available parking spaces. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Before that, the property was also sold for $427,000 in Jul 24, 2020. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $5,442 in taxes each year. The initial year of tax delinquency occurred in 2021. 308 Tower Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $444,250. If we break it down further, the land itself was valued at $83,232. Improvements to the property, however, were assessed at a total of $361,018. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 2019
  • Effective Year Built: 2019
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Wood
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 9,056
  • Total Building Area: 2,170
  • Building Area: 2,170
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,170
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SHERMAN RANCH 3
  • Land Acres: 0.208
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SHERMAN RANCH #3 (42M50) LOT 173

Ownership

  • Current Owner : GALLEGOS REMIGLO
  • Previous Owner : GALLEGOS MARIA AGUEDA
  • Owner Before Previous Owner: NEWMAN 47 HOMES INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Newman-Crows Landing Unified School District
  • Census Tract: 003501

Geography

  • Parcel: 049-057-032-000
  • Lot: 173
  • Latitude: 37.3241
  • Longitude: -121.008

    Address

  • Full Address: 308 Tower Way
  • Address - House Number: 308
  • Address - Street Name: Tower
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Newman
  • Carrier Code: R002
  • 4-Digit Zip Code: 9568
  • Zip Code: 95360

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,442
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 003-039

    Appraisal Valuation

  • Standard Deviation: 0.139
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 81
  • Final Value: 496,954
  • High Value: 573,287
  • Low Value: 420,620

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $393,883
  • First Open Lien Mortgage Lender: BROKER SOLUTIONS INC
  • First Open Lien Mortgage Recording Date: Aug 26, 2020
  • First Open Lien Mortgage Loan Amount: $365,120
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2050
  • Second Open Lien Mortgage Lender: SECRETARY OF HOUSING AND URBAN
  • Second Open Lien Mortgage Recording Date: Mar 09, 2022
  • Second Open Lien Mortgage Loan Amount: $13,866
  • Second Open Lien Mortgage Term: 341
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Sep 01, 2050
  • Third Open Lien Mortgage Lender: MIDFIRST BANK
  • Third Open Lien Mortgage Recording Date: Mar 07, 2024
  • Third Open Lien Mortgage Loan Amount: $14,897
  • Third Open Lien Mortgage Term: 317
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: FHA
  • Third Open Lien Mortgage Loan Due Date: Sep 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $444,250
  • Assessed Land Value: $83,232
  • Assessed Improvements Value: $361,018

    Sales

  • Current Sale Contract Date: Aug 24, 2020
  • Current Sale Recording Date: Aug 26, 2020
  • Current Sale Transaction ID: 11784299287
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 2020-0063844
  • Previous Sale Recording Date: Aug 26, 2020
  • Previous Sale Contract Date: Jul 24, 2020
  • Previous Sale Amount: $427,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: BROKER SOLUTIONS INC
  • First Mortgage Transaction Date: Aug 26, 2020
  • First Mortgage Loan Amount: $365,120
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2050

About Sherman Ranch



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 308 Tower Way located in?
The 308 Tower Way is a located in the neighborhood of Sherman Ranch in Sherman Ranch, Newman.
What is the average sales price for listings in 308 Tower Way?
The average sales price for units in 308 Tower Way is $0 currently.

Quantcast