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8540 German Drive

8540 German Drive, Sacramento, CA 95828
Property in Florin Terrace
Sold Aug 04, 2021
$389,000
$291,750 by Keypoint Cu
Mortgage Due Sep 01, 2051
Sold Jul 29, 2003
$259,000
Buyer
$207,200 by The Cal-bay Mortgage Group
Mortgage Due Aug 01, 2033
Local assessors in Sacramento, CA have categorized 8540 German Drive as a residential type of property. The home was built in 1978 and is 46 years old. The property's lot size has been calculated to be 6,302 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a custom style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 10 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 8540 German Drive has a total of 1,132 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 484 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of wood shake/ shingles. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 8540 German Drive was last sold in Aug 2, 2021 for $389,000. According to our calculations, that's $343.64 per sqft. Prior to that sales transaction, the property was sold for $259,000 in Jul 16, 2003. Current property owners are expected to pay $4,381 in taxes per year. The property on 8540 German Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $408,000. To break that down further, the land itself was valued at $112,200. While improvements to the property were assessed at a total of $295,800. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Custom
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 484
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,302
  • Total Building Area: 1,132
  • Gross Building Area: 1,132
  • Building Area: 1,132
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,132
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FLORIN TERRACE 03
  • Land Acres: 0.145
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: FLORIN TERRACE 03, LOT 36

Ownership

  • Current Owner : CHUA CARLOS
  • Previous Owner : LEE JEFF S
  • Previous Owner 2: JEFF LEE REVOCABLE TRUST
  • Owner Before Previous Owner: SINGH RAJINDER
  • Ownership Rights Codes: Sole Owner

Neighborhood

  • School District Name: Elk Grove Unified School District
  • Census Tract: 005102

Zoning

  • Zoning: RD-10 (NPA

Geography

  • Assessors Map Reference: 77-A6
  • Parcel: 065-0170-014-0000
  • Lot: 36
  • Municipality: ELK GROVE UNIFIED SCHOOL DISTR
  • Latitude: 38.4847
  • Longitude: -121.388

    Address

  • Full Address: 8540 German Dr
  • Address - House Number: 8540
  • Address - Street Name: German
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Sacramento
  • Carrier Code: C002
  • 4-Digit Zip Code: 4730
  • Zip Code: 95828

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,381
  • Tax Rate Code Area: 51-142

    Appraisal Valuation

  • Standard Deviation: 0.1911
  • Valuation Date: Jul 19, 2023
  • Confidence Score: 74
  • Final Value: 489,065
  • High Value: 582,558
  • Low Value: 395,571

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $291,750
  • First Open Lien Mortgage Lender: KEYPOINT CU
  • First Open Lien Mortgage Recording Date: Aug 04, 2021
  • First Open Lien Mortgage Loan Amount: $291,750
  • 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: Sep 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $408,000
  • Assessed Land Value: $112,200
  • Assessed Improvements Value: $295,800

    Sales

  • Current Sale Contract Date: Aug 02, 2021
  • Current Sale Recording Date: Aug 04, 2021
  • Current Sale Transaction ID: 11846228560
  • Current Sale Price: $389,000
  • Current Sale Document Type: Grant Deed
  • Previous Sale Recording Date: Jul 29, 2003
  • Previous Sale Contract Date: Jul 16, 2003
  • Previous Sale Amount: $259,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: KEYPOINT CU
  • First Mortgage Transaction Date: Aug 04, 2021
  • First Mortgage Loan Amount: $291,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: THE CAL-BAY MORTGAGE GROUP
  • Previous Mortgage Transaction Date: Jul 29, 2003
  • Previous Mortgage Loan Amount: $207,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Aug 01, 2033

About Florin



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Frequently Asked Questions

What neighborhood is 8540 German Drive located in?
The 8540 German Drive is a located in the neighborhood of Florin Terrace in Florin, Sacramento.
What is the average sales price for listings in 8540 German Drive?
The average sales price for units in 8540 German Drive is $0 currently.

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