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4725 Lippi Parkway

4725 Lippi Parkway, Sacramento, CA 95823
Property in Parkway Estates
Sold Jul 12, 2018
$275,000
$270,019 by On Q Financial Inc
Mortgage Due Aug 01, 2048
Sold Dec 03, 2015
$165,000
$123,750 by Plaza Home Mortgage Inc
Mortgage Due Dec 01, 2045
Local assessors in Sacramento, CA have categorized 4725 Lippi Parkway as a residential type of property. The home was built in 1956 and is 68 years old. The property's lot size has been calculated to be 7,405 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a custom style. 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 4725 Lippi Parkway has a total of 1,189 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 400 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. 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 wood shake/ shingles. 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. The property was last sold in Jun 11, 2018 for $275,000. That's $231.29 per sqft. Prior to that sales transaction, the property was also sold in Dec 1, 2015 for $165,000. 4725 Lippi Parkway was last assessed in 2023. The total value of the property was assessed at $294,853. Specifically, the land the property is located on was valued at $77,197. While improvements on the property were assessed at a total of $217,656. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $3,397. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1956
  • 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: Custom
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,405
  • Total Building Area: 1,189
  • Gross Building Area: 1,189
  • Building Area: 1,189
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,189
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARKWAY ESTATES 08
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PARKWAY ESTATES 08, LOT 834

Ownership

  • Current Owner : GARCIA KEVIN B
  • Current Owner 2: GARCIA TAYLOR A
  • Previous Owner : RODRIGUEZ ROBERT
  • Owner Before Previous Owner: STEWART WALLY
  • Owner Before Previous Owner 2: STEWART IRENE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Sacramento City Unified School District
  • Census Tract: 004904

Zoning

  • Zoning: RD-5

Geography

  • Parcel: 050-0172-009-0000
  • Lot: 834
  • Municipality: SACRAMENTO UNIFIED SCHOOL DIST
  • Latitude: 38.488
  • Longitude: -121.449

    Address

  • Full Address: 4725 Lippi Pkwy
  • Address - House Number: 4725
  • Address - Street Name: Lippi
  • Address - Suffix Type: Pkwy
  • State: CA
  • City Name: Sacramento
  • Carrier Code: C010
  • 4-Digit Zip Code: 3042
  • Zip Code: 95823

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,397
  • Tax Rate Code Area: 53-046

    Appraisal Valuation

  • Standard Deviation: 0.1828
  • Valuation Date: Jul 19, 2023
  • Confidence Score: 76
  • Final Value: 407,396
  • High Value: 481,905
  • Low Value: 332,888

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $280,819
  • First Open Lien Mortgage Lender: ON Q FINANCIAL INC
  • First Open Lien Mortgage Recording Date: Jul 12, 2018
  • First Open Lien Mortgage Loan Amount: $270,019
  • 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: Aug 01, 2048
  • Second Open Lien Mortgage Lender: ON Q FINANCIAL INC
  • Second Open Lien Mortgage Recording Date: Jul 12, 2018
  • Second Open Lien Mortgage Loan Amount: $10,800
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: 2nd Mortgage made to cover Down Payment

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $294,853
  • Assessed Land Value: $77,197
  • Assessed Improvements Value: $217,656

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 11, 2018
  • Current Sale Recording Date: Jul 12, 2018
  • Current Sale Transaction ID: 11480516247
  • Current Sale Price: $275,000
  • Current Sale Document Type: Grant Deed
  • Previous Sale Recording Date: Dec 03, 2015
  • Previous Sale Contract Date: Dec 01, 2015
  • Previous Sale Amount: $165,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: ON Q FINANCIAL INC
  • First Mortgage Transaction Date: Jul 12, 2018
  • First Mortgage Loan Amount: $270,019
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: PLAZA HOME MORTGAGE INC
  • Previous Mortgage Transaction Date: Dec 03, 2015
  • Previous Mortgage Loan Amount: $123,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2045

About Parkway - South Sacramento



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Frequently Asked Questions

What neighborhood is 4725 Lippi Parkway located in?
The 4725 Lippi Parkway is a located in the neighborhood of Parkway Estates in Parkway - South Sacramento, Sacramento.
What is the average sales price for listings in 4725 Lippi Parkway?
The average sales price for units in 4725 Lippi Parkway is $0 currently.

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