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7420 Alix Parkway

7420 Alix Parkway, Sacramento, CA 95823
Property in Parkway Estates
Sold Apr 30, 2015
$182,000
$252,500 by Premier Mortgage Resources Llc
Mortgage Due Mar 01, 2052
Sold Sep 04, 2008
$141,000
$108,800 by Metrociti Mortgage Llc
Mortgage Due Sep 01, 2038
7420 Alix Parkway 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 1956 and is 68 years old. The home has a total of 8 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. 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, 7420 Alix Parkway has 1,955 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 9,583 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 493 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a unknown. 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 wood shake/ shingles. The exterior walls of the building are made of wood shingle. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. 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. 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, 7420 Alix Parkway sold most recently in Apr 28, 2015 for a total of $182,000. If you work out the math, that's approximately a cost of $93.09 per sqft. Before that, the property was also sold for $141,000 in Aug 6, 2008. 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 $2,570 in taxes each year. 7420 Alix Parkway was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $210,236. If we break it down further, the land itself was valued at $57,756. Improvements to the property, however, were assessed at a total of $152,480. The property's total assessed value has been marked as more than the total market value 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.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: 1956
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Exterior Walls Type: Wood shingle
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 493
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,583
  • Total Building Area: 1,955
  • Gross Building Area: 1,955
  • Building Area: 1,955
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,955
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: PARKWAY ESTATES 11
  • Land Acres: 0.22
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PARKWAY ESTATES 11, LOT 1119

Ownership

  • Current Owner : CHANG SAMUEL
  • Current Owner 2: DING YANLI
  • Previous Owner : THAO LAO
  • Owner Before Previous Owner: WELLS FARGO BANK NA
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Sacramento City Unified School District
  • Census Tract: 004904

Zoning

  • Zoning: RD-5

Geography

  • Assessors Map Reference: 73-D5
  • Parcel: 050-0101-012-0000
  • Lot: 1119
  • Municipality: SACRAMENTO UNIFIED SCHOOL DIST
  • Latitude: 38.4891
  • Longitude: -121.453

    Address

  • Full Address: 7420 Alix Pkwy
  • Address - House Number: 7420
  • Address - Street Name: Alix
  • Address - Suffix Type: Pkwy
  • State: CA
  • City Name: Sacramento
  • Carrier Code: C010
  • 4-Digit Zip Code: 3004
  • Zip Code: 95823

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,570
  • Tax Rate Code Area: 53-046

    Appraisal Valuation

  • Standard Deviation: 0.1616
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 79
  • Final Value: 434,760
  • High Value: 505,031
  • Low Value: 364,489

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $252,500
  • First Open Lien Mortgage Lender: PREMIER MORTGAGE RESOURCES LLC
  • First Open Lien Mortgage Recording Date: Feb 08, 2022
  • First Open Lien Mortgage Loan Amount: $252,500
  • 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: Mar 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $210,236
  • Assessed Land Value: $57,756
  • Assessed Improvements Value: $152,480

    Sales

  • Current Sale Contract Date: Apr 28, 2015
  • Current Sale Recording Date: Apr 30, 2015
  • Current Sale Transaction ID: 1217113649
  • Current Sale Price: $182,000
  • Current Sale Document Type: Grant Deed
  • Previous Sale Recording Date: Sep 04, 2008
  • Previous Sale Contract Date: Aug 06, 2008
  • Previous Sale Amount: $141,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: RENEW LENDING INC
  • First Mortgage Transaction Date: Apr 30, 2015
  • First Mortgage Loan Amount: $145,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2045

    Previous Mortgages

  • Previous Mortgage Lender: METROCITI MORTGAGE LLC
  • Previous Mortgage Transaction Date: Sep 04, 2008
  • Previous Mortgage Loan Amount: $108,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Sep 01, 2038

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Frequently Asked Questions

What neighborhood is 7420 Alix Parkway located in?
The 7420 Alix Parkway is a located in the neighborhood of Parkway Estates in Parkway - South Sacramento, Sacramento.
What is the average sales price for listings in 7420 Alix Parkway?
The average sales price for units in 7420 Alix Parkway is $0 currently.

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