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7120 Palm Avenue

7120 Palm Avenue, Fair Oaks, CA 95628
Property in Sacramento
Sold Jun 28, 2017
$385,000
$402,500 by United Wholesale Mortgage Llc
Mortgage Due Oct 01, 2051
7120 Palm Avenue has been categorized by the local assessors in Fair Oaks, CA as a residential type of property. The building on the property was first built in 1941 and is 83 years old. The home has a total of 10 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 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, 7120 Palm Avenue has 2,369 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 26,136 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 983 sqft. According to our sources, there are a total of 4 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 masonry 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. 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 27, 2017 for $385,000. That's $162.52 per sqft. 7120 Palm Avenue was last assessed in 2023. The total value of the property was assessed at $429,471. Specifically, the land the property is located on was valued at $83,662. While improvements on the property were assessed at a total of $345,809. 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 $5,392. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1941
  • Effective Year Built: 1941
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Custom
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 983
  • Parking Space Count: 4

    Dimensions

  • Lot Size Square Feet: 26,136
  • Total Building Area: 2,369
  • Gross Building Area: 2,369
  • Building Area: 2,369
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 2,369
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CITRUS HEIGHTS ADDN
  • Land Acres: 0.6
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: N 155 FT OF W 196.2 FT TR 26 CITRUS HEIGHTS ADDNO 2

Ownership

  • Current Owner : RODDENBERY JAMES
  • Previous Owner : SPLERS LINDI S
  • Previous Owner 2: SPLERS NICHOLAS

Neighborhood

  • School District Name: San Juan Unified School District
  • Census Tract: 007904

Zoning

  • Zoning: RD-5

Geography

  • Assessors Map Reference: 39-D2
  • Subdivision Tract Number: 26
  • Parcel: 239-0061-003-0000
  • Lot: 26
  • Municipality: SAN JUAN UNIFIED SCHOOL DISTRI
  • Latitude: 38.6609
  • Longitude: -121.299

    Address

  • Full Address: 7120 Palm Ave
  • Address - House Number: 7120
  • Address - Street Name: Palm
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Fair Oaks
  • Carrier Code: C022
  • 4-Digit Zip Code: 3313
  • Zip Code: 95628

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,392
  • Tax Rate Code Area: 54-307

    Appraisal Valuation

  • Standard Deviation: 0.1308
  • Valuation Date: Jul 19, 2023
  • Confidence Score: 73
  • Final Value: 433,747
  • High Value: 490,522
  • Low Value: 376,971

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $402,500
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Sep 03, 2021
  • First Open Lien Mortgage Loan Amount: $402,500
  • 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, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $429,471
  • Assessed Land Value: $83,662
  • Assessed Improvements Value: $345,809

    Sales

  • Current Sale Contract Date: Jun 27, 2017
  • Current Sale Recording Date: Jun 28, 2017
  • Current Sale Transaction ID: 1589335725
  • Current Sale Price: $385,000
  • Current Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOME LOANS INC
  • First Mortgage Transaction Date: Jun 28, 2017
  • First Mortgage Loan Amount: $372,150
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2047

About Carmichael



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Frequently Asked Questions

What neighborhood is 7120 Palm Avenue located in?
The 7120 Palm Avenue is a located in the neighborhood of Sacramento in Carmichael, Fair Oaks.
What is the average sales price for listings in 7120 Palm Avenue?
The average sales price for units in 7120 Palm Avenue is $0 currently.

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