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3525 Whitney Avenue

3525 Whitney Avenue, Sacramento, CA 95821
Property in Arden - Arcade
Sold Aug 22, 2018
$6,350,000
$4,900,000 by Terracotta Credit Reit Llc
Mortgage
Sold Jan 21, 2005
$3,275,000
$2,450,000 by Washington Mutual Bank Fa
Mortgage Due Feb 01, 2035
Local assessors in Sacramento, CA have categorized 3525 Whitney Avenue as a residential type of property. The home was built in 1953 and is 71 years old. It was most recently renovated and altered in 1970. The property's lot size has been calculated to be 59,677 square feet. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis.

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. 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 home's a 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, 3525 Whitney Avenue sold most recently in Aug 15, 2018 for a total of $6,350,000. If you work out the math, that's approximately a cost of $185.65 per sqft. Before that, the property was also sold for $3,275,000 in Jan 13, 2005. 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 $81,541 in taxes each year. 3525 Whitney Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $6,808,480. If we break it down further, the land itself was valued at $1,318,806. Improvements to the property, however, were assessed at a total of $5,489,674. The property's total assessed value has been marked as more than the total market value which is pretty atypical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1953
  • Effective Year Built: 1970
  • Building Count: 1
  • Bedroom Count: 0
  • Building Quality: C
  • Floor Count: 2
  • Living Units: 56
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 59,677
  • Total Building Area: 34,204
  • Gross Building Area: 34,204
  • Building Area: 34,204
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OAK PLAINS 01
  • Land Acres: 1.37
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: E 200 FT OF W 360 FT OF S 330 FT LOT 2 OAK PLAINS SUB NO 1 CONTG 1.515 AC

Ownership

  • Current Owner : LOBS RIVERSIDE LLC
  • Previous Owner : ARCADIA WHITNEY INVESTMENTS LLC
  • Owner Before Previous Owner: PORTICO BUCHANAN I LLC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: San Juan Unified School District
  • Census Tract: 006003

Zoning

  • Zoning: RD-30

Geography

  • Assessors Map Reference: 38-A1
  • Parcel: 255-0141-033-0000
  • Lot: 2
  • Municipality: SAN JUAN UNIFIED SCHOOL DISTRI
  • Latitude: 38.6292
  • Longitude: -121.382

    Address

  • Full Address: 3525 Whitney Ave
  • Address - House Number: 3525
  • Address - Street Name: Whitney
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Sacramento
  • Carrier Code: C024
  • 4-Digit Zip Code: 3163
  • Zip Code: 95821

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $81,541
  • Tax Rate Code Area: 54-495

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $4,900,000
  • First Open Lien Mortgage Lender: TERRACOTTA CREDIT REIT LLC
  • First Open Lien Mortgage Recording Date: Aug 22, 2018
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $4,900,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $6,808,480
  • Assessed Land Value: $1,318,806
  • Assessed Improvements Value: $5,489,674

    Sales

  • Current Sale Contract Date: Aug 15, 2018
  • Current Sale Recording Date: Aug 22, 2018
  • Current Sale Transaction ID: 11498975699
  • Current Sale Price: $6,350,000
  • Current Sale Document Type: Grant Deed
  • Previous Sale Recording Date: Jan 21, 2005
  • Previous Sale Contract Date: Jan 13, 2005
  • Previous Sale Amount: $3,275,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: TERRACOTTA CREDIT REIT LLC
  • First Mortgage Transaction Date: Aug 22, 2018
  • First Mortgage Loan Amount: $4,900,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Financing

  • First Mortgage Financing Type: Variable

    Previous Mortgages

  • Previous Mortgage Lender: WASHINGTON MUTUAL BANK FA
  • Previous Mortgage Transaction Date: Jan 21, 2005
  • Previous Mortgage Loan Amount: $2,450,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Feb 01, 2035

About Arden - Arcade



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Frequently Asked Questions

What neighborhood is 3525 Whitney Avenue located in?
The 3525 Whitney Avenue is a located in the neighborhood of Arden - Arcade in Arden - Arcade, Sacramento.
What is the average sales price for listings in 3525 Whitney Avenue?
The average sales price for units in 3525 Whitney Avenue is $0 currently.

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