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9525 Madrid Way

9525 Madrid Way, Elk Grove, CA 95758
Sold Oct 29, 2007
$327,500
$408,000 by United Wholesale Mortgage Llc
Mortgage Due Mar 01, 2052
Sold Sep 12, 2007
$406,520
9525 Madrid Way in Elk Grove, CA was first built in 1991 and is 33 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, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 9525 Madrid Way has 2,324 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 5,955 square feet.

Learn more about the property and building on this page. 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. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a garage. The garage is 717 sqft. There are a total of 3 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. The exterior walls of the home are made of stucco. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 9525 Madrid Way was last sold in Oct 11, 2007 for $327,500. According to our calculations, that's $140.92 per sqft. Prior to that sales transaction, the property was sold for $406,520 in Sep 5, 2007. Current property owners are expected to pay $4,673 in taxes per year. The property on 9525 Madrid Way was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $413,455. To break that down further, the land itself was valued at $151,493. While improvements to the property were assessed at a total of $261,962. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. 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!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Custom
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 717
  • Parking Space Count: 3
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 5,955
  • Total Building Area: 2,324
  • Gross Building Area: 2,324
  • Building Area: 2,324
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,324
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: ELLIOTT RANCH EAST 01
  • Land Acres: 0.137
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ELLIOTT RANCH EAST 01, LOT 27

Ownership

  • Current Owner : FONG DANIEL
  • Current Owner 2: HILL AIMEE
  • Previous Owner : US BANK NA
  • Owner Before Previous Owner: MEADOWS CARYLEE
  • Owner Before Previous Owner 2: MEADOWS TODD
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Elk Grove Unified School District
  • Census Tract: 009622

Zoning

  • Zoning: RD-5

Geography

  • Parcel: 119-1140-027-0000
  • Lot: 27
  • Municipality: ELK GROVE, CITY OF
  • Latitude: 38.4117
  • Longitude: -121.451

    Address

  • Full Address: 9525 Madrid Way
  • Address - House Number: 9525
  • Address - Street Name: Madrid
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Elk Grove
  • Carrier Code: R021
  • 4-Digit Zip Code: 3904
  • Zip Code: 95758

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,673
  • Tax Rate Code Area: 07-061

    Appraisal Valuation

  • Standard Deviation: 0.1635
  • Valuation Date: Jul 19, 2023
  • Confidence Score: 79
  • Final Value: 643,057
  • High Value: 748,213
  • Low Value: 537,900

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $408,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Feb 22, 2022
  • First Open Lien Mortgage Loan Amount: $408,000
  • 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, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $413,455
  • Assessed Land Value: $151,493
  • Assessed Improvements Value: $261,962

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 11, 2007
  • Current Sale Recording Date: Oct 29, 2007
  • Current Sale Transaction ID: 1047046962
  • Current Sale Price: $327,500
  • Current Sale Document Type: Grant Deed
  • Previous Sale Recording Date: Sep 12, 2007
  • Previous Sale Contract Date: Sep 05, 2007
  • Previous Sale Amount: $406,520
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: COLDWELL BANKER HOME LOANS
  • First Mortgage Transaction Date: Oct 29, 2007
  • First Mortgage Loan Amount: $262,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Nov 01, 2037

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Frequently Asked Questions

What neighborhood is 9525 Madrid Way located in?
The 9525 Madrid Way is a located in the neighborhood of Elliott Ranch East in Elliott Ranch East, Elk Grove.
What is the average sales price for listings in 9525 Madrid Way?
The average sales price for units in 9525 Madrid Way is $0 currently.

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