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8721 Valley Oak Lane

8721 Valley Oak Lane, Elk Grove, CA 95624
Property in Sacramento
Sold Aug 23, 2019
$435,000
$427,121 by Home Point Financial Corporati
Mortgage Due Sep 01, 2049
8721 Valley Oak Lane in Elk Grove, CA was first built in 1976 and is 48 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 style that we are currently unable to determine. It is a single story home. There are a total of 7 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. 8721 Valley Oak Lane has 1,862 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 9,673 square feet.

Learn more about the property and building on this page. There is a screened patio. 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 wood shake/ shingles. For those who need parking, there is a garage. The garage is 420 sqft. There are a total of 2 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 C. 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, 8721 Valley Oak Lane sold most recently in Aug 22, 2019 for a total of $435,000. If you work out the math, that's approximately a cost of $233.62 per sqft. 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 $6,119 in taxes each year. 8721 Valley Oak Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $457,260. If we break it down further, the land itself was valued at $153,261. Improvements to the property, however, were assessed at a total of $303,999. 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: 1976
  • Effective Year Built: 1976
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Other
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Patio Type: Patio - screened
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 9,673
  • Total Building Area: 1,862
  • Gross Building Area: 1,862
  • Building Area: 1,862
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,862
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: EMERALD PARK
  • Land Acres: 0.222
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 103,E55FT LOT 104 EMERALD PARK UNIT 11 EXC E40FT LOT 103

Ownership

  • Current Owner : RIVAS EDWIN M
  • Current Owner 2: RIVAS ELIZABETH
  • Previous Owner : RIORDAN PATRICK O
  • Previous Owner 2: PATRICK O RIORDAN REVOCABLE TR
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Elk Grove Unified School District
  • Census Tract: 009309

Zoning

  • Zoning: RD-5

Geography

  • Assessors Map Reference: 97-A7
  • Parcel: 125-0340-070-0000
  • Lot: 103
  • Municipality: ELK GROVE, CITY OF
  • Latitude: 38.4019
  • Longitude: -121.381

    Address

  • Full Address: 8721 Valley Oak Ln
  • Address - House Number: 8721
  • Address - Street Name: Valley Oak
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Elk Grove
  • Carrier Code: C006
  • 4-Digit Zip Code: 2522
  • Zip Code: 95624

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,119
  • Tax Rate Code Area: 07-017

    Appraisal Valuation

  • Standard Deviation: 0.1638
  • Valuation Date: Jul 19, 2023
  • Confidence Score: 79
  • Final Value: 582,676
  • High Value: 678,131
  • Low Value: 487,222

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $445,678
  • First Open Lien Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • First Open Lien Mortgage Recording Date: Aug 23, 2019
  • First Open Lien Mortgage Loan Amount: $427,121
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2049
  • Second Open Lien Mortgage Lender: SECRETARY/HOUSING & URBAN DEV
  • Second Open Lien Mortgage Recording Date: Jul 07, 2023
  • Second Open Lien Mortgage Loan Amount: $18,557
  • Second Open Lien Mortgage Term: 468
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Aug 01, 2062

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $457,260
  • Assessed Land Value: $153,261
  • Assessed Improvements Value: $303,999

    Sales

  • Current Sale Contract Date: Aug 22, 2019
  • Current Sale Recording Date: Aug 23, 2019
  • Current Sale Transaction ID: 11637184565
  • Current Sale Price: $435,000
  • Current Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • First Mortgage Transaction Date: Aug 23, 2019
  • First Mortgage Loan Amount: $427,121
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2049

About Elk Grove



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Frequently Asked Questions

What neighborhood is 8721 Valley Oak Lane located in?
The 8721 Valley Oak Lane is a located in the neighborhood of Sacramento in Elk Grove, Elk Grove.
What is the average sales price for listings in 8721 Valley Oak Lane?
The average sales price for units in 8721 Valley Oak Lane is $0 currently.

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