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5401 Ravine Creek Way

5401 Ravine Creek Way, Elk Grove, CA 95758
Refi Feb 08, 2021
Transfer
$192,000 by American Pacific Mortgage Corp
Mortgage Due Feb 01, 2051
5401 Ravine Creek Way in Elk Grove, CA was first built in 1987 and is 37 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a unknown. It is a single story home. There are a total of 8 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 5401 Ravine Creek Way has 1,690 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 7,759 square feet.

Learn more about the property and building on this page. There is a unknown. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The roof of the home is made of wood shake/ shingles. For those who need parking, there is a garage. The garage is 440 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Current property owners are expected to pay $4,599 in taxes per year. The property on 5401 Ravine Creek Way was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $399,153. To break that down further, the land itself was valued at $130,993. While improvements to the property were assessed at a total of $268,160. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 7,759
  • Total Building Area: 1,690
  • Gross Building Area: 1,690
  • Building Area: 1,690
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,690
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAGUNA CREEK WEST 01B
  • Land Acres: 0.178
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LAGUNA CREEK WEST 01B, LOT 56

Ownership

  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Elk Grove Unified School District
  • Census Tract: 009617

Zoning

  • Zoning: RD-7

Geography

  • Parcel: 119-0540-001-0000
  • Lot: 56
  • Municipality: ELK GROVE, CITY OF
  • Latitude: 38.4222
  • Longitude: -121.442

    Address

  • Full Address: 5401 Ravine Creek Way
  • Address - House Number: 5401
  • Address - Street Name: Ravine Creek
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Elk Grove
  • Carrier Code: R024
  • 4-Digit Zip Code: 4715
  • Zip Code: 95758

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,599
  • Tax Rate Code Area: 07-007

    Appraisal Valuation

  • Standard Deviation: 0.1611
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 79
  • Final Value: 535,915
  • High Value: 622,249
  • Low Value: 449,581

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $192,000
  • First Open Lien Mortgage Lender: AMERICAN PACIFIC MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Feb 08, 2021
  • First Open Lien Mortgage Loan Amount: $192,000
  • 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: Feb 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $399,153
  • Assessed Land Value: $130,993
  • Assessed Improvements Value: $268,160

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Frequently Asked Questions

What neighborhood is 5401 Ravine Creek Way located in?
The 5401 Ravine Creek Way is a located in the neighborhood of Laguna Creek West in Laguna Creek West, Elk Grove.
What is the average sales price for listings in 5401 Ravine Creek Way?
The average sales price for units in 5401 Ravine Creek Way is $0 currently.

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