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3305 Ofarrell Drive

3305 Ofarrell Drive, Sacramento, CA 95815
Sold Dec 28, 2023
$360,000
$342,000 by Rocket Mortgage Llc
Mortgage Due Jan 01, 2054
Sold Jul 10, 2019
$1,847,975
$3,346,000 by Corevest American Finance Lend
Mortgage
Local assessors in Sacramento, CA have categorized 3305 Ofarrell Drive as a residential type of property. The home was built in 1951 and is 73 years old. The property's lot size has been calculated to be 6,534 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a style that we are currently unable to determine. 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 is one full bathroom. There is also a partial bathroom. 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 3305 Ofarrell Drive has a total of 1,144 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 240 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has a screened patio so you'll have a great option in the back of the home. 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 3305 Ofarrell Drive sold most recently in Dec 22, 2023 for a total of $360,000. If you work out the math, that's approximately a cost of $314.69 per sqft. Before that, the property was also sold for $1,847,975 in Jun 27, 2019. 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 $3,677 in taxes each year. 3305 Ofarrell Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $150,163. If we break it down further, the land itself was valued at $40,427. Improvements to the property, however, were assessed at a total of $109,736. The property's total assessed value has been marked as more than the total market value which is pretty atypical. 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!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: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Other
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 240
  • Parking Space Count: 1
  • Patio Type: Patio - screened
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 6,534
  • Total Building Area: 1,144
  • Gross Building Area: 1,144
  • Building Area: 1,144
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,144
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OFARRELL TERRACE
  • Land Acres: 0.15
  • Standard Land Use Code: Single family residential
  • Legal Description 1: OFARRELL TERRACE, LOT 9

Ownership

  • Current Owner : LI DONNA
  • Current Owner 2: LAI TYSON DAC
  • Previous Owner : PRESERVED ASSET LLC
  • Owner Before Previous Owner: FIRST DISTRICT CAPITAL FUNDING LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Twin Rivers Unified School District
  • Census Tract: 006300

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 37-B1
  • Parcel: 252-0321-014-0000
  • Lot: 9
  • Municipality: SACRAMENTO, CITY OF
  • Latitude: 38.6278
  • Longitude: -121.423

    Address

  • Full Address: 3305 Ofarrell Dr
  • Address - House Number: 3305
  • Address - Street Name: Ofarrell
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Sacramento
  • Carrier Code: C011
  • 4-Digit Zip Code: 1530
  • Zip Code: 95815

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,677
  • Tax Rate Code Area: 03-089

    Appraisal Valuation

  • Standard Deviation: 0.0572
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 98
  • Final Value: 394,920
  • High Value: 417,534
  • Low Value: 372,305

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $342,000
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Dec 28, 2023
  • First Open Lien Mortgage Loan Amount: $342,000
  • 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: Jan 01, 2054

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $150,163
  • Assessed Land Value: $40,427
  • Assessed Improvements Value: $109,736

    Sales

  • Current Sale Contract Date: Dec 22, 2023
  • Current Sale Recording Date: Dec 28, 2023
  • Current Sale Transaction ID: 11918494866
  • Current Sale Price: $360,000
  • Current Sale Document Type: Grant Deed
  • Previous Sale Recording Date: Jul 10, 2019
  • Previous Sale Contract Date: Jun 27, 2019
  • Previous Sale Amount: $1,847,975
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: ROCKET MORTGAGE LLC
  • First Mortgage Transaction Date: Dec 28, 2023
  • First Mortgage Loan Amount: $342,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2054

    Previous Mortgages

  • Previous Mortgage Lender: COREVEST AMERICAN FINANCE LEND
  • Previous Mortgage Transaction Date: Jul 10, 2019
  • Previous Mortgage Loan Amount: $3,346,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

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Frequently Asked Questions

What neighborhood is 3305 Ofarrell Drive located in?
The 3305 Ofarrell Drive is a located in the neighborhood of O'Farrell Terrace in North Sacramento, Sacramento.
What is the average sales price for listings in 3305 Ofarrell Drive?
The average sales price for units in 3305 Ofarrell Drive is $0 currently.

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