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8823 Solo Way

8823 Solo Way, Elk Grove, CA 95757
Property in Sacramento
Sold Feb 10, 2021
$433,000
$280,000 by Lennar Mortgage Llc
Mortgage Due Mar 01, 2051
Sold Jun 09, 2020
$668,000
8823 Solo Way in Elk Grove, CA was first built in 2021 and is 3 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 custom style. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 8823 Solo Way has 2,140 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 2,366 square feet.

Learn more about the property and building on this page. The roof of the home is made of tile. For those who need parking, there is a garage. The garage is 428 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. 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, 8823 Solo Way sold most recently in Jan 26, 2021 for a total of $433,000. If you work out the math, that's approximately a cost of $202.34 per sqft. Before that, the property was also sold for $668,000 in Jun 4, 2020. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $7,830 in taxes each year. 8823 Solo Way was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $441,649. If we break it down further, the land itself was valued at $142,800. Improvements to the property, however, were assessed at a total of $298,849. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 2021
  • Effective Year Built: 2021
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Custom
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 428
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 2,366
  • Total Building Area: 2,140
  • Gross Building Area: 2,140
  • Building Area: 2,140
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,140
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: STERLING MEADOWS UNIT 1F
  • Land Acres: 0.054
  • Standard Land Use Code: Single family residential
  • Legal Description 1: STERLING MEADOWS UNIT 1F, LOT 90, UNIT:: 0, BLOCK:: 0, BLDG:: 0

Ownership

  • Current Owner : SHI XIAOLI
  • Current Owner 2: SHI YAN
  • Previous Owner : LENNAR HOMES OF CALIFORNIA INC
  • Owner Before Previous Owner: VTL STERLING MEADOWS LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Elk Grove Unified School District
  • Census Tract: 000009

Zoning

  • Zoning: RD-15

Geography

  • Parcel: 132-2670-011-0000
  • Lot: 90
  • Municipality: ELK GROVE, CITY OF
  • Latitude: 38.381
  • Longitude: -121.377

    Address

  • Full Address: 8823 Solo Way
  • Address - House Number: 8823
  • Address - Street Name: Solo
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Elk Grove
  • Carrier Code: R097
  • 4-Digit Zip Code: 5536
  • Zip Code: 95757

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,830
  • Tax Rate Code Area: 07-099

    Appraisal Valuation

  • Standard Deviation: 0.1585
  • Valuation Date: Nov 30, 2022
  • Confidence Score: 80
  • Final Value: 693,935
  • High Value: 803,940
  • Low Value: 583,929

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $280,000
  • First Open Lien Mortgage Lender: LENNAR MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Feb 10, 2021
  • First Open Lien Mortgage Loan Amount: $280,000
  • 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: Mar 01, 2051

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $441,649
  • Assessed Land Value: $142,800
  • Assessed Improvements Value: $298,849

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 26, 2021
  • Current Sale Recording Date: Feb 10, 2021
  • Current Sale Transaction ID: 11817511927
  • Current Sale Price: $433,000
  • Current Sale Document Type: Grant Deed
  • Previous Sale Recording Date: Jun 09, 2020
  • Previous Sale Contract Date: Jun 04, 2020
  • Previous Sale Amount: $668,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: LENNAR MORTGAGE LLC
  • First Mortgage Transaction Date: Feb 10, 2021
  • First Mortgage Loan Amount: $280,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2051

About Elk Grove



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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 8823 Solo Way located in?
The 8823 Solo Way is a located in the neighborhood of Sacramento in Elk Grove, Elk Grove.
What is the average sales price for listings in 8823 Solo Way?
The average sales price for units in 8823 Solo Way is $0 currently.

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