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5147 Cocoa Palm Way

5147 Cocoa Palm Way, Fair Oaks, CA 95628
Property in Northridge Hills
Sold Oct 16, 2023
$560,000
$420,000 by Rocket Mortgage Llc
Mortgage Due Nov 01, 2053
Sold Sep 21, 2022
$575,000
$400,000 by Center Street Lending Viii Spe
Mortgage
Local assessors in Fair Oaks, CA have categorized 5147 Cocoa Palm Way as a residential type of property. The home was built in 1972 and is 52 years old. The property's lot size has been calculated to be 8,276 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 4 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 are 2 full bathrooms. There are also 2 partial bathrooms. 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 5147 Cocoa Palm Way has a total of 1,747 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. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. 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 441 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 good. 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 composition shingle. Lots of wood shingle were used in the construction of the exterior walls of the home. 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 Oct 12, 2023 for $560,000. That's $304.18 per sqft. Prior to that sales transaction, the property was also sold in Sep 9, 2022 for $575,000. 5147 Cocoa Palm Way was last assessed in 2023. The total value of the property was assessed at $575,000. Specifically, the land the property is located on was valued at $159,000. While improvements on the property were assessed at a total of $416,000. 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 $4,734. The initial tax year of delinquency was in 2022. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. 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: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Wood
  • Exterior Walls Type: Wood shingle
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 441
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,276
  • Total Building Area: 1,841
  • Gross Building Area: 1,841
  • Building Area: 1,747
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,747
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: NORTHRIDGE HILLS 04
  • Land Acres: 0.19
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NORTHRIDGE HILLS 04, LOT 92

Ownership

  • Current Owner : GYURJIAN OVANES
  • Current Owner 2: DARBINYAN NARINE
  • Previous Owner : ASARE CINDERELLA MAY
  • Owner Before Previous Owner: EVA NEMETHY LIVING TRUST
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: San Juan Unified School District
  • Census Tract: 008008

Zoning

  • Zoning: RD-5

Geography

  • Assessors Map Reference: 40-C2
  • Parcel: 249-0102-011-0000
  • Lot: 92
  • Municipality: SAN JUAN UNIFIED SCHOOL DISTRI
  • Latitude: 38.66
  • Longitude: -121.259

    Address

  • Full Address: 5147 Cocoa Palm Way
  • Address - House Number: 5147
  • Address - Street Name: Cocoa Palm
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Fair Oaks
  • Carrier Code: C012
  • 4-Digit Zip Code: 3751
  • Zip Code: 95628

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,734
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 54-470

    Appraisal Valuation

  • Standard Deviation: 0.0572
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 98
  • Final Value: 574,806
  • High Value: 607,722
  • Low Value: 541,890

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $420,000
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Oct 16, 2023
  • First Open Lien Mortgage Loan Amount: $420,000
  • 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: Nov 01, 2053

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $575,000
  • Assessed Land Value: $159,000
  • Assessed Improvements Value: $416,000

    Sales

  • Current Sale Contract Date: Oct 12, 2023
  • Current Sale Recording Date: Oct 16, 2023
  • Current Sale Transaction ID: 11914664432
  • Current Sale Price: $560,000
  • Current Sale Document Type: Grant Deed
  • Previous Sale Recording Date: Sep 21, 2022
  • Previous Sale Contract Date: Sep 09, 2022
  • Previous Sale Amount: $575,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: ROCKET MORTGAGE LLC
  • First Mortgage Transaction Date: Oct 16, 2023
  • First Mortgage Loan Amount: $420,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: CENTER STREET LENDING VIII SPE
  • Previous Mortgage Transaction Date: Sep 21, 2022
  • Previous Mortgage Loan Amount: $400,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

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Frequently Asked Questions

What neighborhood is 5147 Cocoa Palm Way located in?
The 5147 Cocoa Palm Way is a located in the neighborhood of Northridge Hills in Northridge Hills, Fair Oaks.
What is the average sales price for listings in 5147 Cocoa Palm Way?
The average sales price for units in 5147 Cocoa Palm Way is $0 currently.

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