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8047 Arcade Lake Lane

8047 Arcade Lake Lane, Citrus Heights, CA 95610
Property in Tempo
Sold Apr 16, 2021
$278,000
$212,000 by Flagstar Bank Fsb
Mortgage Due May 01, 2051
Sold Oct 05, 2018
$220,000
$213,400 by United Wholesale Mortgage
Mortgage Due Nov 01, 2048
Local assessors in Citrus Heights, CA have categorized 8047 Arcade Lake Lane as a residential type of property. The home was built in 1982 and is 42 years old. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 4 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 single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 8047 Arcade Lake Lane has a total of 1,364 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. 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 242 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. 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. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 8047 Arcade Lake Lane sold most recently in Apr 13, 2021 for a total of $278,000. If you work out the math, that's approximately a cost of $203.81 per sqft. Before that, the property was also sold for $220,000 in Oct 3, 2018. 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 $3,359 in taxes each year. 8047 Arcade Lake Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $289,231. If we break it down further, the land itself was valued at $72,828. Improvements to the property, however, were assessed at a total of $216,403. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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: 1982
  • Effective Year Built: 1982
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Condo
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 242
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 0
  • Total Building Area: 1,364
  • Gross Building Area: 1,364
  • Building Area: 1,364
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,364
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ARCADE LAKE CONDOMINIUMS
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: ARCADE LAKE CONDOMINIUMS, LOT 2, UNIT:: 61

Ownership

  • Current Owner : BAGHDADI SASON REZA
  • Current Owner 2: NG SHARON
  • Previous Owner : BOLLIS MATTHEW
  • Owner Before Previous Owner: EMIN ANNETTE
  • Owner Before Previous Owner 2: EMIN AHMET
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: San Juan Unified School District
  • Census Tract: 008120

Zoning

  • Zoning: RD10

Geography

  • Parcel: 243-0490-014-0022
  • Lot: 2
  • Municipality: CITRUS HEIGHTS, CITY OF
  • Latitude: 38.6853
  • Longitude: -121.269

    Address

  • Full Address: 8047 Arcade Lake Ln
  • Legal Unit: 61
  • Address - House Number: 8047
  • Address - Street Name: Arcade Lake
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Citrus Heights
  • Carrier Code: C032
  • 4-Digit Zip Code: 5169
  • Zip Code: 95610

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,359
  • Tax Rate Code Area: 06-008

    Appraisal Valuation

  • Standard Deviation: 0.1838
  • Valuation Date: Jul 19, 2023
  • Confidence Score: 75
  • Final Value: 332,193
  • High Value: 393,261
  • Low Value: 271,126

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $212,000
  • First Open Lien Mortgage Lender: FLAGSTAR BANK FSB
  • First Open Lien Mortgage Recording Date: Apr 16, 2021
  • First Open Lien Mortgage Loan Amount: $212,000
  • 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: May 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $289,231
  • Assessed Land Value: $72,828
  • Assessed Improvements Value: $216,403

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 13, 2021
  • Current Sale Recording Date: Apr 16, 2021
  • Current Sale Transaction ID: 11831543294
  • Current Sale Price: $278,000
  • Current Sale Document Type: Grant Deed
  • Previous Sale Recording Date: Oct 05, 2018
  • Previous Sale Contract Date: Oct 03, 2018
  • Previous Sale Amount: $220,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: FLAGSTAR BANK FSB
  • First Mortgage Transaction Date: Apr 16, 2021
  • First Mortgage Loan Amount: $212,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • Previous Mortgage Transaction Date: Oct 05, 2018
  • Previous Mortgage Loan Amount: $213,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2048

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Frequently Asked Questions

What neighborhood is 8047 Arcade Lake Lane located in?
The 8047 Arcade Lake Lane is a located in the neighborhood of Tempo in Tempo, Citrus Heights.
What is the average sales price for listings in 8047 Arcade Lake Lane?
The average sales price for units in 8047 Arcade Lake Lane is $0 currently.

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