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5515 48th Avenue

5515 48th Avenue, Sacramento, CA 95823
Property in Tallac Village
Sold Jun 11, 2013
$129,000
Buyer
$73,200 by East West Bank
Mortgage Due Jul 01, 2043
Sold Jun 27, 2008
$110,000
5515 48th Avenue has been categorized by the local assessors in Sacramento, CA as a residential type of property. The building on the property was first built in 1958 and is 66 years old. The home has a total of 5 rooms. 3 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, 5515 48th Avenue has 1,100 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,000 ft and across the front of the lot is 580 ft. The area measurement of the land has been determined as 6,098 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown.

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 492 sqft. According to our sources, there are a total of 2 available parking spaces. 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 composition shingle. The exterior walls of the building are made of stucco. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system and being fueled with gas. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. The property was last sold in Apr 16, 2013 for $129,000. That's $117.27 per sqft. Prior to that sales transaction, the property was also sold in Jun 13, 2008 for $110,000. 5515 48th Avenue was last assessed in 2023. The total value of the property was assessed at $152,675. Specifically, the land the property is located on was valued at $28,638. While improvements on the property were assessed at a total of $124,037. 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 $1,717. 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. 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: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 492
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,098
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 580
  • Total Building Area: 1,100
  • Gross Building Area: 1,100
  • Building Area: 1,100
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,100
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: TALLAC VILLAGE 10
  • Land Acres: 0.14
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TALLAC VILLAGE 10, LOT 58

Ownership

  • Current Owner : LI CONG
  • Previous Owner : PAN ZHONG NING
  • Owner Before Previous Owner: HSBC MORTGAGE SERVICES INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Sacramento City Unified School District
  • Census Tract: 004702

Zoning

  • Zoning: RD-5

Geography

  • Parcel: 039-0122-025-0000
  • Lot: 58
  • Municipality: SACRAMENTO UNIFIED SCHOOL DIST
  • Latitude: 38.5092
  • Longitude: -121.441

    Address

  • Full Address: 5515 48th Ave
  • Address - House Number: 5515
  • Address - Street Name: 48th
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Sacramento
  • Carrier Code: C006
  • 4-Digit Zip Code: 1565
  • Zip Code: 95823

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,717
  • Tax Rate Code Area: 53-050

    Appraisal Valuation

  • Standard Deviation: 0.1616
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 385,100
  • High Value: 456,252
  • Low Value: 313,948

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $73,200
  • First Open Lien Mortgage Lender: EAST WEST BANK
  • First Open Lien Mortgage Recording Date: Jun 11, 2013
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $73,200
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2043

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $152,675
  • Assessed Land Value: $28,638
  • Assessed Improvements Value: $124,037

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 16, 2013
  • Current Sale Recording Date: Jun 11, 2013
  • Current Sale Transaction ID: 1050731601
  • Current Sale Price: $129,000
  • Current Sale Document Type: Grant Deed
  • Previous Sale Recording Date: Jun 27, 2008
  • Previous Sale Contract Date: Jun 13, 2008
  • Previous Sale Amount: $110,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: EAST WEST BANK
  • First Mortgage Transaction Date: Jun 11, 2013
  • First Mortgage Loan Amount: $73,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Jul 01, 2043

    Financing

  • First Mortgage Financing Type: Adjustable Rate

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Frequently Asked Questions

What neighborhood is 5515 48th Avenue located in?
The 5515 48th Avenue is a located in the neighborhood of Tallac Village in Parkway - South Sacramento, Sacramento.
What is the average sales price for listings in 5515 48th Avenue?
The average sales price for units in 5515 48th Avenue is $0 currently.

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