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422 Red Lion Way

422 Red Lion Way, Newman, CA 95360
Property in Sherman Ranch
Sold Aug 19, 2022
$324,000
$337,500 by United Wholesale Mortgage Llc
Mortgage Due Oct 01, 2052
Sold Oct 16, 2015
$286,000
$271,700 by Scenic Oaks Funding
Mortgage Due Nov 01, 2045
422 Red Lion 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 2015 and is 9 years old. The home has a total of 4 bedrooms. In addition, 422 Red Lion Way has 2,435 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 9,008 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 2 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. According to our sources, 422 Red Lion Way sold most recently in Jul 1, 2022 for a total of $324,000. If you work out the math, that's approximately a cost of $133.06 per sqft. Before that, the property was also sold for $286,000 in Oct 13, 2015. 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 $4,008 in taxes each year. 422 Red Lion Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $325,414. If we break it down further, the land itself was valued at $51,200. Improvements to the property, however, were assessed at a total of $274,214. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 2015
  • Effective Year Built: 2015
  • Building Count: 1
  • Bedroom Count: 4
  • Building Quality: C
  • Construction Type: Wood
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,008
  • Total Building Area: 2,435
  • Building Area: 2,435
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,435
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SHERMAN RANCH 04
  • Land Acres: 0.207
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SHERMAN RANCH NO. 4 (42M70) LOT 271

Ownership

  • Current Owner : NUNES CESAR
  • Previous Owner : NUNES JOSE F
  • Previous Owner 2: NUNES LIBERIA
  • Owner Before Previous Owner: SCM SIERRA CREEK LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

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

Geography

  • Parcel: 049-059-003-000
  • Lot: 271
  • Latitude: 37.3221
  • Longitude: -121.01

    Address

  • Full Address: 422 Red Lion Way
  • Address - House Number: 422
  • Address - Street Name: Red Lion
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Newman
  • Carrier Code: R002
  • 4-Digit Zip Code: 9552
  • Zip Code: 95360

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,008
  • Tax Rate Code Area: 003-039

    Appraisal Valuation

  • Standard Deviation: 0.1523
  • Valuation Date: Sep 27, 2023
  • Confidence Score: 81
  • Final Value: 486,028
  • High Value: 560,080
  • Low Value: 411,976

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $337,500
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Sep 23, 2022
  • First Open Lien Mortgage Loan Amount: $337,500
  • 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: Oct 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $325,414
  • Assessed Land Value: $51,200
  • Assessed Improvements Value: $274,214

    Sales

  • Current Sale Contract Date: Jul 01, 2022
  • Current Sale Recording Date: Aug 19, 2022
  • Current Sale Transaction ID: 11894941573
  • Current Sale Price: $324,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 56843
  • Previous Sale Recording Date: Oct 16, 2015
  • Previous Sale Contract Date: Oct 13, 2015
  • Previous Sale Amount: $286,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: CHAMBERS KEVIN
  • First Mortgage Transaction Date: Aug 19, 2022
  • First Mortgage Loan Amount: $324,000
  • First Mortgage Terms: 120
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2032

    Previous Mortgages

  • Previous Mortgage Lender: SCENIC OAKS FUNDING
  • Previous Mortgage Transaction Date: Oct 16, 2015
  • Previous Mortgage Loan Amount: $271,700
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2045

About Sherman Ranch



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Frequently Asked Questions

What neighborhood is 422 Red Lion Way located in?
The 422 Red Lion Way is a located in the neighborhood of Sherman Ranch in Sherman Ranch, Newman.
What is the average sales price for listings in 422 Red Lion Way?
The average sales price for units in 422 Red Lion Way is $0 currently.

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