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5531 Tierra Gardens Lane

5531 Tierra Gardens Lane, Carmichael, CA 95608
Property in Tierra Gardens
Sold Sep 08, 2015
$538,000
$288,000 by Bank Of America Na
Mortgage Due Oct 01, 2045
Sold May 13, 2002
$396,000
$316,769 by Midamerica Bank Fsb
Mortgage Due Jun 01, 2032
5531 Tierra Gardens Lane in Carmichael, CA was first built in 2002 and is 22 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, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 5531 Tierra Gardens Lane has 2,790 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 9,454 square feet.

Learn more about the property and building on this page. 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 tile. For those who need parking, there is a garage. The garage is 655 sqft. There are a total of 3 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 B. 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. 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, 5531 Tierra Gardens Lane sold most recently in Sep 1, 2015 for a total of $538,000. If you work out the math, that's approximately a cost of $192.83 per sqft. Before that, the property was also sold for $396,000 in May 9, 2002. 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 $7,276 in taxes each year. 5531 Tierra Gardens Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $612,146. If we break it down further, the land itself was valued at $216,184. Improvements to the property, however, were assessed at a total of $395,962. The property's total assessed value has been marked as more than the total market value which is pretty atypical. 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.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.

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Wood
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 655
  • Parking Space Count: 3
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 9,454
  • Total Building Area: 2,790
  • Gross Building Area: 2,790
  • Building Area: 2,790
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,790
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TIERRA GARDENS
  • Land Acres: 0.217
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TIERRA GARDENS, LOT 12

Ownership

  • Current Owner : YOUNG CRISTA
  • Current Owner 2: YOUNG DANIEL
  • Previous Owner : TAN CHERRY SENG
  • Previous Owner 2: CHERRY SENG TAN TRUST
  • Owner Before Previous Owner: CARMICHAEL PROJECTS 1 & 2 LLC
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: San Juan Unified School District
  • Census Tract: 007701

Zoning

  • Zoning: RD-4

Geography

  • Parcel: 272-0360-012-0000
  • Lot: 12
  • Municipality: SAN JUAN UNIFIED SCHOOL DISTRI
  • Latitude: 38.6128
  • Longitude: -121.335

    Address

  • Full Address: 5531 Tierra Gardens Ln
  • Address - House Number: 5531
  • Address - Street Name: Tierra Gardens
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Carmichael
  • Carrier Code: C013
  • 4-Digit Zip Code: 4794
  • Zip Code: 95608

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,276
  • Tax Rate Code Area: 54-304

    Appraisal Valuation

  • Standard Deviation: 0.1376
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 761,233
  • High Value: 890,645
  • Low Value: 631,821

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $288,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Sep 08, 2015
  • First Open Lien Mortgage Loan Amount: $288,000
  • 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: Oct 01, 2045

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $612,146
  • Assessed Land Value: $216,184
  • Assessed Improvements Value: $395,962

    Sales

  • Current Sale Contract Date: Sep 01, 2015
  • Current Sale Recording Date: Sep 08, 2015
  • Current Sale Transaction ID: 1288552058
  • Current Sale Price: $538,000
  • Current Sale Document Type: Grant Deed
  • Previous Sale Recording Date: May 13, 2002
  • Previous Sale Contract Date: May 09, 2002
  • Previous Sale Amount: $396,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Sep 08, 2015
  • First Mortgage Loan Amount: $288,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2045

    Previous Mortgages

  • Previous Mortgage Lender: MIDAMERICA BANK FSB
  • Previous Mortgage Transaction Date: May 13, 2002
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $316,769
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jun 01, 2032

About Tierra Gardens



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Frequently Asked Questions

What neighborhood is 5531 Tierra Gardens Lane located in?
The 5531 Tierra Gardens Lane is a located in the neighborhood of Tierra Gardens in Tierra Gardens, Carmichael.
What is the average sales price for listings in 5531 Tierra Gardens Lane?
The average sales price for units in 5531 Tierra Gardens Lane is $0 currently.

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