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2932 Watt Avenue

2932 Watt Avenue, Sacramento, CA 95821
Property in Arden - Arcade
Sold Mar 31, 2015
$2,700,000
$1,350,000 by Jpmorgan Chase Bank Na
Mortgage
Sold Dec 30, 2005
Transfer
Buyer
Seller
$1,941,000 by Andrew Durkin
Mortgage
2932 Watt Avenue in Sacramento, CA was first built in 1954 and is 70 years old. This has been categorized as a residential property type. There are a total of 2 floors. In total, the area measurement of the land is 54,885 square feet.

Learn more about the property and building on this page. The roof of the home is made of composition shingle. The quality of the control joints have been graded by the local assessor with a letter grade of E. 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 no air conditioning. As for heating, the home is utilizing no heating system. The property was last sold in Mar 27, 2015 for $2,700,000. That's $109.17 per sqft. 2932 Watt Avenue was last assessed in 2023. The total value of the property was assessed at $3,003,462. Specifically, the land the property is located on was valued at $496,723. While improvements on the property were assessed at a total of $2,506,739. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $36,265. 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! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: E
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 48
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 54,885
  • Total Building Area: 24,733
  • Gross Building Area: 24,733
  • Building Area: 24,733
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: None
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OAK PLAINS 02
  • Land Acres: 1.26
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: N 140 FT OF W 420.7 FT OF LOT 4 IN OAK PLAINS SUB NO 2

Ownership

  • Current Owner : ROJAIH & EVELYN BAHU LIVING TRUST
  • Previous Owner : KRAMER MARK
  • Owner Before Previous Owner: DURKIN ANDREW
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: San Juan Unified School District
  • Census Tract: 006002

Zoning

  • Zoning: RD-30

Geography

  • Assessors Map Reference: 38-A3
  • Parcel: 269-0051-030-0000
  • Lot: 4
  • Municipality: SAN JUAN UNIFIED SCHOOL DISTRI
  • Latitude: 38.6194
  • Longitude: -121.382

    Address

  • Full Address: 2932 Watt Ave
  • Address - House Number: 2932
  • Address - Street Name: Watt
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Sacramento
  • Carrier Code: C014
  • 4-Digit Zip Code: 3561
  • Zip Code: 95821

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $36,265
  • Tax Rate Code Area: 54-495

    Appraisal Valuation

  • Standard Deviation: 0.1308
  • Valuation Date: Jul 19, 2023
  • Confidence Score: 73
  • Final Value: 2,961,267
  • High Value: 3,348,883
  • Low Value: 2,573,650

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,350,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Apr 21, 2021
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $1,350,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,003,462
  • Assessed Land Value: $496,723
  • Assessed Improvements Value: $2,506,739

    Sales

  • Current Sale Contract Date: Mar 27, 2015
  • Current Sale Recording Date: Mar 31, 2015
  • Current Sale Transaction ID: 1042201997
  • Current Sale Price: $2,700,000
  • Current Sale Document Type: Grant Deed
  • Previous Sale Recording Date: Dec 30, 2005
  • Previous Sale Contract Date: Dec 28, 2005
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Mar 31, 2015
  • First Mortgage Loan Amount: $1,500,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Negative Amortization

    Financing

  • First Mortgage Financing Type: Variable

    Previous Mortgages

  • Previous Mortgage Lender: ANDREW DURKIN
  • Previous Mortgage Transaction Date: Dec 30, 2005
  • Previous Mortgage Loan Amount: $1,941,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Seller take-back

About Arden - Arcade



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Frequently Asked Questions

What neighborhood is 2932 Watt Avenue located in?
The 2932 Watt Avenue is a located in the neighborhood of Arden - Arcade in Arden - Arcade, Sacramento.
What is the average sales price for listings in 2932 Watt Avenue?
The average sales price for units in 2932 Watt Avenue is $0 currently.

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