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7523 Lingonberry Way

7523 Lingonberry Way, Sacramento, CA 95829
Sold Jan 07, 2020
$515,500
$419,210 by Royal Pacific Funding Corp
Mortgage Due Feb 01, 2050
7523 Lingonberry Way in Sacramento, CA was first built in 2020 and is 4 years old. This has been categorized as a residential property type. 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 4 full bathrooms. There are 4 partial bathrooms. 7523 Lingonberry Way has 2,713 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 5,775 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 415 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, 7523 Lingonberry Way sold most recently in Dec 31, 2019 for a total of $515,500. If you work out the math, that's approximately a cost of $190.01 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 $9,601 in taxes each year. The initial year of tax delinquency occurred in 2020. 7523 Lingonberry Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $541,643. If we break it down further, the land itself was valued at $152,420. Improvements to the property, however, were assessed at a total of $389,223. 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: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 415
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,775
  • Total Building Area: 2,713
  • Gross Building Area: 2,713
  • Building Area: 2,713
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,713
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VINEYARD CREEK UNIT 7
  • Land Acres: 0.133
  • Standard Land Use Code: Single family residential
  • Legal Description 1: VINEYARD CREEK UNIT 7, LOT 40, UNIT:: 0, BLOCK:: 0, BLDG:: 0

Ownership

  • Current Owner : SHUM KELLY
  • Previous Owner : LENNAR HOMES OF CALIFORNIA INC
  • Is Owner Occupied: Owner-occupied property
  • Vacant Flag Date: Jan 12, 2024

Neighborhood

  • School District Name: Elk Grove Unified School District
  • Census Tract: 009201

Zoning

  • Zoning: RD-5

Geography

  • Parcel: 065-0380-040-0000
  • Lot: 40
  • Municipality: ELK GROVE UNIFIED SCHOOL DISTR
  • Latitude: 38.4863
  • Longitude: -121.359

    Address

  • Full Address: 7523 Lingonberry Way
  • Address - House Number: 7523
  • Address - Street Name: Lingonberry
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Sacramento
  • Carrier Code: R115
  • 4-Digit Zip Code: 8738
  • Zip Code: 95829

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,601
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 51-297

    Appraisal Valuation

  • Standard Deviation: 0.1638
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 79
  • Final Value: 668,655
  • High Value: 778,221
  • Low Value: 559,088

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $442,461
  • First Open Lien Mortgage Lender: ROYAL PACIFIC FUNDING CORP
  • First Open Lien Mortgage Recording Date: Jan 07, 2020
  • First Open Lien Mortgage Loan Amount: $419,210
  • 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: Feb 01, 2050
  • Second Open Lien Mortgage Lender: SECRETARY/HOUSING & URBAN DEV
  • Second Open Lien Mortgage Recording Date: Jun 29, 2023
  • Second Open Lien Mortgage Loan Amount: $23,251
  • Second Open Lien Mortgage Term: 319
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Feb 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $541,643
  • Assessed Land Value: $152,420
  • Assessed Improvements Value: $389,223

    Sales

  • Current Sale Contract Date: Dec 31, 2019
  • Current Sale Recording Date: Jan 07, 2020
  • Current Sale Transaction ID: 11714151517
  • Current Sale Price: $515,500
  • Current Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: ROYAL PACIFIC FUNDING CORP
  • First Mortgage Transaction Date: Jan 07, 2020
  • First Mortgage Loan Amount: $419,210
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Feb 01, 2050

About North Vineyard Greens



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Frequently Asked Questions

What neighborhood is 7523 Lingonberry Way located in?
The 7523 Lingonberry Way is a located in the neighborhood of North Vineyard Greens in North Vineyard Greens, Sacramento.
What is the average sales price for listings in 7523 Lingonberry Way?
The average sales price for units in 7523 Lingonberry Way is $0 currently.

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