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8040 California Avenue

8040 California Avenue, Fair Oaks, CA 95628
Property in Sacramento
Sold Aug 31, 2018
$414,500
$360,000 by Nations Reliable Lending Llc
Mortgage Due Sep 01, 2050
Sold Dec 20, 2013
$279,000
$273,946 by First Priority Financial Inc
Mortgage Due Jan 01, 2044
Local assessors in Fair Oaks, CA have categorized 8040 California Avenue as a residential type of property. The home was built in 1950 and is 74 years old. The property's lot size has been calculated to be 15,246 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a custom style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 8040 California Avenue has a total of 1,560 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. As for water disposal, the home is connected to a septic system and not a municipal sewage or storm sewage system. Therefore the homeowner of this property will need to handle their own water disposal every three to five years - though the exact number may differ. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 576 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a unknown so you'll have a great option in the back of the home. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of composition shingle. Lots of wood were used in the construction of the exterior walls of the home. Residents rely on no air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with solar energy. 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, 8040 California Avenue sold most recently in Aug 30, 2018 for a total of $414,500. If you work out the math, that's approximately a cost of $265.71 per sqft. Before that, the property was also sold for $279,000 in Dec 17, 2013. 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 $5,319 in taxes each year. 8040 California Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $444,423. If we break it down further, the land itself was valued at $152,880. Improvements to the property, however, were assessed at a total of $291,543. 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: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Custom
  • Exterior Walls Type: Wood
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 15,246
  • Total Building Area: 1,560
  • Gross Building Area: 1,560
  • Building Area: 1,560
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,560
  • Heating Fuel Type: Solar energy

    Utilities

  • Sewer System: Septic
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: FAIR OAKS ADD 01
  • Land Acres: 0.35
  • Standard Land Use Code: Single family residential
  • Legal Description 1: POR BLK 26 FAIR OAKS CITY DES AS BEG AT NE COR SD BLK TH S 0%13W ALG E LINE SD BLK 81.3 FT, THS 84%30W 146.8 FT, TH N

Ownership

  • Current Owner : GIUSTI MICHAEL STANLEY
  • Current Owner 2: GIUSTI DENISE MARIE
  • Previous Owner : DETERDING TERESA M
  • Owner Before Previous Owner: RAINVILLE STEPHEN C
  • Owner Before Previous Owner 2: RAINVILLE REVOCABLE TRUST
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: San Juan Unified School District
  • Census Tract: 008009

Zoning

  • Zoning: RD-5 (NPA)

Geography

  • Assessors Map Reference: 40-B5
  • Parcel: 244-0214-015-0000
  • Block: 26
  • Lot: R
  • Municipality: SAN JUAN UNIFIED SCHOOL DISTRI
  • Latitude: 38.6419
  • Longitude: -121.266

    Address

  • Full Address: 8040 California Ave
  • Address - House Number: 8040
  • Address - Street Name: California
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Fair Oaks
  • Carrier Code: C009
  • 4-Digit Zip Code: 7538
  • Zip Code: 95628

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,319
  • Tax Rate Code Area: 54-402

    Appraisal Valuation

  • Standard Deviation: 0.1676
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 78
  • Final Value: 610,981
  • High Value: 713,431
  • Low Value: 508,531

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $360,000
  • First Open Lien Mortgage Lender: NATIONS RELIABLE LENDING LLC
  • First Open Lien Mortgage Recording Date: Aug 31, 2020
  • First Open Lien Mortgage Loan Amount: $360,000
  • 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: Sep 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $444,423
  • Assessed Land Value: $152,880
  • Assessed Improvements Value: $291,543

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 30, 2018
  • Current Sale Recording Date: Aug 31, 2018
  • Current Sale Transaction ID: 11503974925
  • Current Sale Price: $414,500
  • Current Sale Document Type: Limited Warranty Deed
  • Previous Sale Recording Date: Dec 20, 2013
  • Previous Sale Contract Date: Dec 17, 2013
  • Previous Sale Amount: $279,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: NATIONS RELIABLE LENDING LLC
  • First Mortgage Transaction Date: Aug 31, 2018
  • First Mortgage Loan Amount: $331,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: FIRST PRIORITY FINANCIAL INC
  • Previous Mortgage Transaction Date: Dec 20, 2013
  • Previous Mortgage Loan Amount: $273,946
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jan 01, 2044

About Fair Oaks



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Frequently Asked Questions

What neighborhood is 8040 California Avenue located in?
The 8040 California Avenue is a located in the neighborhood of Sacramento in Fair Oaks, Fair Oaks.
What is the average sales price for listings in 8040 California Avenue?
The average sales price for units in 8040 California Avenue is $0 currently.

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