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5124 Melvin Drive

5124 Melvin Drive, Carmichael, CA 95608
Property in Walnut Estates
Sold Jun 30, 2021
$400,000
$185,000 by American Pacific Mortgage Corp
Mortgage Due Jul 01, 2051
5124 Melvin Drive has been categorized by the local assessors in Carmichael, 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 7 rooms. 4 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, 5124 Melvin Drive has 1,856 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 9,940 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a custom style.

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 478 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a screened patio. 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 wood shake/ shingles. 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. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Jun 18, 2021 for $400,000. That's $215.52 per sqft. 5124 Melvin Drive was last assessed in 2023. The total value of the property was assessed at $74,919. Specifically, the land the property is located on was valued at $15,634. While improvements on the property were assessed at a total of $59,285. 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 $4,882. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 478
  • Parking Space Count: 2
  • Patio Type: Patio - screened

    Dimensions

  • Lot Size Square Feet: 9,940
  • Total Building Area: 1,856
  • Gross Building Area: 1,856
  • Building Area: 1,856
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,856
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WALNUT ESTATES 01
  • Land Acres: 0.228
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WALNUT ESTATES 01, LOT 13

Ownership

  • Current Owner : OLGUIN MAUREEN ANNE
  • Current Owner 2: OLGUIN JORGE JESUS
  • Previous Owner : CUMMINGS PATRICK J
  • Previous Owner 2: CUMMINGS FAMILY TRUST
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Revocable Living Trust

Neighborhood

  • School District Name: San Juan Unified School District
  • Census Tract: 007702

Zoning

  • Zoning: RD-5

Geography

  • Assessors Map Reference: 38-E5
  • Parcel: 283-0070-016-0000
  • Lot: 13
  • Municipality: SAN JUAN UNIFIED SCHOOL DISTRI
  • Latitude: 38.6075
  • Longitude: -121.345

    Address

  • Full Address: 5124 Melvin Dr
  • Address - House Number: 5124
  • Address - Street Name: Melvin
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Carmichael
  • Carrier Code: C006
  • 4-Digit Zip Code: 5031
  • Zip Code: 95608

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,882
  • Tax Rate Code Area: 54-304

    Appraisal Valuation

  • Standard Deviation: 0.1617
  • Valuation Date: Jul 19, 2023
  • Confidence Score: 79
  • Final Value: 583,832
  • High Value: 678,266
  • Low Value: 489,398

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $250,000
  • First Open Lien Mortgage Lender: AMERICAN PACIFIC MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Jun 30, 2021
  • First Open Lien Mortgage Loan Amount: $185,000
  • 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: Jul 01, 2051
  • Second Open Lien Mortgage Lender: GOLDEN 1 CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Aug 17, 2022
  • Second Open Lien Mortgage Loan Amount: $65,000
  • Second Open Lien Mortgage Term: 240
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Aug 20, 2042

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $74,919
  • Assessed Land Value: $15,634
  • Assessed Improvements Value: $59,285

    Sales

  • Current Sale Contract Date: Jun 18, 2021
  • Current Sale Recording Date: Jun 30, 2021
  • Current Sale Transaction ID: 11841547452
  • Current Sale Price: $400,000
  • Current Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN PACIFIC MORTGAGE CORP
  • First Mortgage Transaction Date: Jun 30, 2021
  • First Mortgage Loan Amount: $185,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

About Walnut Estates



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Frequently Asked Questions

What neighborhood is 5124 Melvin Drive located in?
The 5124 Melvin Drive is a located in the neighborhood of Walnut Estates in Walnut Estates, Carmichael.
What is the average sales price for listings in 5124 Melvin Drive?
The average sales price for units in 5124 Melvin Drive is $0 currently.

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