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4121 Lotus Avenue

4121 Lotus Avenue, Sacramento, CA 95822
Sold Dec 21, 2021
$400,000
$380,000 by Tri Emerald Financial Group In
Mortgage Due Jan 01, 2052
Sold Feb 18, 2014
$205,000
$164,000 by Wells Fargo Bank Na
Mortgage Due Mar 01, 2044
4121 Lotus Avenue has been categorized by the local assessors in Sacramento, CA as a residential type of property. The building on the property was first built in 1959 and is 65 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 4121 Lotus Avenue has 1,226 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 5,227 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown.

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. The garage measured 624 sqft. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. 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 roof of the building is made of composition shingle. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a 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. According to our sources, 4121 Lotus Avenue sold most recently in Dec 16, 2021 for a total of $400,000. If you work out the math, that's approximately a cost of $326.26 per sqft. Before that, the property was also sold for $205,000 in Feb 14, 2014. 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 $4,868 in taxes each year. 4121 Lotus Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $407,999. If we break it down further, the land itself was valued at $130,564. Improvements to the property, however, were assessed at a total of $277,435. 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: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 624
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,227
  • Total Building Area: 1,226
  • Gross Building Area: 1,226
  • Building Area: 1,226
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,226
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CARLETON
  • Land Acres: 0.12
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 632 CARLETON EXC N 35 FT FMLY: 018-013-15

Ownership

  • Current Owner : SKOLL AMY
  • Current Owner 2: SKOLL JONATHAN
  • Previous Owner : LAI KIT LEE
  • Owner Before Previous Owner: LI PHILIP C
  • Owner Before Previous Owner 2: WONG JOE K
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Sacramento City Unified School District
  • Census Tract: 003501

Zoning

  • Zoning: R-2

Geography

  • Assessors Map Reference: 54-A4
  • Parcel: 018-0013-017-0000
  • Lot: 632
  • Municipality: SACRAMENTO, CITY OF
  • Latitude: 38.5365
  • Longitude: -121.492

    Address

  • Full Address: 4121 Lotus Ave
  • Address - House Number: 4121
  • Address - Street Name: Lotus
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Sacramento
  • Carrier Code: C003
  • 4-Digit Zip Code: 1314
  • Zip Code: 95822

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,868
  • Tax Rate Code Area: 03-007

    Appraisal Valuation

  • Standard Deviation: 0.1641
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 513,387
  • High Value: 609,943
  • Low Value: 416,831

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $760,000
  • First Open Lien Mortgage Lender: TRI EMERALD FINANCIAL GROUP IN
  • First Open Lien Mortgage Recording Date: Dec 21, 2021
  • First Open Lien Mortgage Loan Amount: $380,000
  • 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, 2052
  • Second Open Lien Mortgage Lender: TRI-EMERALD FINANCIAL GROUP IN
  • Second Open Lien Mortgage Recording Date: Dec 21, 2021
  • Second Open Lien Mortgage Loan Amount: $380,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Jan 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $407,999
  • Assessed Land Value: $130,564
  • Assessed Improvements Value: $277,435

    Sales

  • Current Sale Contract Date: Dec 16, 2021
  • Current Sale Recording Date: Dec 21, 2021
  • Current Sale Transaction ID: 11875861404
  • Current Sale Price: $400,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021122101503
  • Previous Sale Recording Date: Feb 18, 2014
  • Previous Sale Contract Date: Feb 14, 2014
  • Previous Sale Amount: $205,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: TRI EMERALD FINANCIAL GROUP IN
  • First Mortgage Transaction Date: Dec 21, 2021
  • First Mortgage Loan Amount: $380,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Feb 18, 2014
  • Previous Mortgage Loan Amount: $164,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 01, 2044

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Frequently Asked Questions

What neighborhood is 4121 Lotus Avenue located in?
The 4121 Lotus Avenue is a located in the neighborhood of Southeastern Sacramento in Southeastern Sacramento, Sacramento.
What is the average sales price for listings in 4121 Lotus Avenue?
The average sales price for units in 4121 Lotus Avenue is $0 currently.

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