Check Availability

4804 Marconi Avenue

4804 Marconi Avenue, Carmichael, CA 95608
Property in Arden - Arcade
Sold Apr 30, 2019
$21,375,500
$14,962,500 by Jpmorgan Chase Bank Na
Mortgage
Sold Sep 12, 1997
$1,000
Local assessors in Carmichael, CA have categorized 4804 Marconi Avenue as a residential type of property. The home was built in 1974 and is 50 years old. The property's lot size has been calculated to be 81,892 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. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 no air conditioning for their cooling system. The home's no heating system is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 4804 Marconi Avenue was last sold in Apr 18, 2019 for $21,375,500. According to our calculations, that's $519.88 per sqft. Prior to that sales transaction, the property was sold for $1,000 in Aug 15, 1997. Current property owners are expected to pay $68,023 in taxes per year. The property on 4804 Marconi Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $5,724,484. To break that down further, the land itself was valued at $986,424. While improvements to the property were assessed at a total of $4,738,060. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 177
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 81,892
  • Total Building Area: 41,116
  • Gross Building Area: 41,116
  • Building Area: 41,116
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: None
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GREENWOOD
  • Land Acres: 1.88
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: E132 FT OF W990 FT OF N660 FT LOT 35 GREENWOOD EXC CO R/W

Ownership

  • Current Owner : MG EAST ABC LP
  • Previous Owner : MARCONI GARDENS EAST LLC
  • Owner Before Previous Owner: HKM DEVELOPMENT CO
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: San Juan Unified School District
  • Census Tract: 005903

Zoning

  • Zoning: RD-30

Geography

  • Assessors Map Reference: 38-D3
  • Subdivision Tract Number: 35
  • Parcel: 271-0170-023-0000
  • Lot: 35
  • Municipality: SAN JUAN UNIFIED SCHOOL DISTRI
  • Latitude: 38.6166
  • Longitude: -121.352

    Address

  • Full Address: 4804 Marconi Ave
  • Address - House Number: 4804
  • Address - Street Name: Marconi
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Carmichael
  • Carrier Code: C040
  • 4-Digit Zip Code: 4111
  • Zip Code: 95608

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $68,023
  • Tax Rate Code Area: 54-032

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $14,962,500
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Apr 30, 2019
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $14,962,500
  • 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: $5,724,484
  • Assessed Land Value: $986,424
  • Assessed Improvements Value: $4,738,060

    Sales

  • Current Sale Contract Date: Apr 18, 2019
  • Current Sale Recording Date: Apr 30, 2019
  • Current Sale Transaction ID: 11602367873
  • Current Sale Price: $21,375,500
  • Current Sale Document Type: Grant Deed
  • Previous Sale Recording Date: Sep 12, 1997
  • Previous Sale Contract Date: Aug 15, 1997
  • Previous Sale Amount: $1,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Apr 30, 2019
  • First Mortgage Loan Amount: $14,962,500
  • First Mortgage Loan Type: Commercial

    Financing

  • First Mortgage Financing Type: Variable

About Arden - Arcade



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 4804 Marconi Avenue located in?
The 4804 Marconi Avenue is a located in the neighborhood of Arden - Arcade in Arden - Arcade, Carmichael.
What is the average sales price for listings in 4804 Marconi Avenue?
The average sales price for units in 4804 Marconi Avenue is $0 currently.

Quantcast