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5111 College Oak Drive

5111 College Oak Drive, Sacramento, CA 95841
Property in North Highlands
Local assessors in Sacramento, CA have categorized 5111 College Oak Drive as a commercial type of property. The home was built in 1984 and is 40 years old. The property's lot size has been calculated to be 52,272 square feet. 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.

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. 5111 College Oak Drive is a 3 code building. This code stands for "buildings that have exterior walls made of non-combustible material. The interior partitions and roof structure are combustible materials. For example, the building may have concrete floors or a wood frame". 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. 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, 5111 College Oak Drive sold most recently in Aug 2, 2022 for a total of $15,500,000. If you work out the math, that's approximately a cost of $1,033.33 per sqft. Before that, the property was also sold for $5,100,000 in Oct 9, 2020. 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 $10,644 in taxes each year. 5111 College Oak Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $2,500,000. If we break it down further, the land itself was valued at $940,000. Improvements to the property, however, were assessed at a total of $1,560,000. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Bedroom Count: 0
  • Building Quality: C
  • Floor Count: 1
  • Business/Commerical Units Count: 8
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 52,272
  • Total Building Area: 15,000
  • Gross Building Area: 15,000
  • Building Area: 15,000
  • Building Area Measurement: Total Area

    Heating and Cooling

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

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Building Type: Exterior non-combustible materials/Interior combustible materials
  • Property Class: Commercial
  • Subdivision: PARCEL MAP
  • Land Acres: 1.2
  • Standard Land Use Code: Retail stores (personal services, photography, travel)
  • Legal Description 1: PARCEL MAP, LOT B

Ownership

  • Current Owner : FTK-HAM UP1 LLC
  • Previous Owner : STONEWATER HOLDINGS LLC
  • Owner Before Previous Owner: WILLIAMS GLEN
  • Owner Before Previous Owner 2: WILLIAMS STEPHEN
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Twin Rivers Unified School District
  • Census Tract: 007503

Zoning

  • Zoning: LC

Geography

  • Assessors Map Reference: 36-D2
  • Parcel: 228-0210-060-0000
  • Lot: B
  • Municipality: TWIN RIVERS UNIFIED SCHOOL DIS
  • Latitude: 38.6596
  • Longitude: -121.351

    Address

  • Full Address: 5111 College Oak Dr
  • Address - House Number: 5111
  • Address - Street Name: College Oak
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Sacramento
  • Carrier Code: C003
  • 4-Digit Zip Code: 4636
  • Zip Code: 95841

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,644
  • Tax Rate Code Area: 59-085

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,500,000
  • Assessed Land Value: $940,000
  • Assessed Improvements Value: $1,560,000

    Sales

  • Current Sale Contract Date: Aug 02, 2022
  • Current Sale Recording Date: Aug 15, 2022
  • Current Sale Transaction ID: 11894514681
  • Current Sale Price: $15,500,000
  • Current Sale Document Type: Grant Deed
  • Previous Sale Recording Date: Oct 15, 2020
  • Previous Sale Contract Date: Oct 09, 2020
  • Previous Sale Amount: $5,100,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: STANDARD INSURANCE COMPANY
  • First Mortgage Transaction Date: Aug 15, 2022
  • First Mortgage Loan Amount: $6,200,000
  • First Mortgage Terms: 300
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: FIVE STAR BANK
  • Previous Mortgage Transaction Date: Oct 15, 2020
  • Previous Mortgage Loan Amount: $3,825,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage

About North Highlands



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Frequently Asked Questions

What neighborhood is 5111 College Oak Drive located in?
The 5111 College Oak Drive is a located in the neighborhood of North Highlands in North Highlands, Sacramento.
What is the average sales price for listings in 5111 College Oak Drive?
The average sales price for units in 5111 College Oak Drive is $0 currently.

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