Sacramento Appraisal Blog

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Ryan Lundquist

Photos from the Field: Tracy, Atwater, & Tire

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Here are some photos from the field yesterday. I usually snap a picture when I see something that interests me.

Got vacant sites? This sure is a common view throughout the Greater Sacramento Region and Central Valley. The following image was snapped in the city of Tracy on the Western end of Golden Leaf Lane. It’s just not cost-effective in most cases to build out lots right now, even if the lots are “finished” and simply ready for a builder to come in.

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I don’t know what it is, but when I see a home owner on his one-acre lot selling cows and goats, I feel compelled to snap a picture of the signage. This photo was taken in Atwater, CA.

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Last, but not least. On the way home from inspections yesterday I had a bit of a scary moment when my tire blew out on the freeway. The entire tread on my front left tire just completely came off. At first I didn’t know if I hit something or what happened. I felt the truck start to pull to the left though and for a split second I wondered what was going to happen. Thank God I was able to get to the side of Highway 99 safely and quickly.

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www.SacramentoAppraisalBlog.com Photos from the Field: Tracy, Atwater, & Tire

Quick Data: Antelope Foreclosures & Short Sales

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Quick data on Antelope, CA based on information provided in Sacramento MLS for detached single family residential properties: 

  • There were 832 sales in Antelope within one year of 09/14/2009.
  • 63% of these sales sold as “bank-owned”
  • 20% of the sales sold as Short Sales
  • 206 sales over the past 90 days
  • 38 current Active listings
  • 203 current Short Sale Active listings
  • 112 current Pendings.

Interesting stuff. I typically run city-wide data like this for appraisal reports and then of course neighborhood-specific data for the market area boundaries for the property I am appraising (often times a certain subdivision). This helps me see both the overall market and then the smaller neighborhood in the context of the real estate market at large.

What do you think of the data? Does anything stand out to you? Do you think most buyers look at figures like this to determine the health or lacktherof in a community (before they buy)? Do buyers care? Comment above or call me at 916-595-3735 if you have any questions.

www.SacramentoAppraisalBlog.com Quick Data: Antelope Foreclosures & Short Sales

R.I.P. Oak Park Starbucks

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On this coming Sunday, the Starbucks in the “Oak Park” area of Sacramento will be closing. Between appraisal inspections today, I paid my respects by buying a cup of coffee for the last time at the location. Oak Park native, Kevin Johnson (former NBA All Star / current Mayor of Sacramento), was instrumental in bringing Starbucks to the area and helping to reinvent the corner on which it is located. 

I always liked the art on the inside of this store because it had somewhat of a typical Starbucks feel to it, but it also incorporated local Oak Park flavor by using KJ imagery. I took the following shots with my mobile phone.

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According to a Sacramento Bee article, the word is that Old Soul Company is potentially interested in this corner spot, so hopefully they or another coffee house will soon establish roots. Whatever happens, the hope is that the new business willl be a step forward in redevelopment for Oak Park. 

Further Background & Articles:

www.SacramentoAppraisalBlog.com R.I.P. Oak Park Starbucks

Photos from the Field: ”Taco Bell” Buildings

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While in the field, I snapped a few photos over the past week that caught my attention. I get a kick out of architecture and design, and particularly old restaurants that have now been converted to different businesses. Below are two local examples of an old Taco Bell that was converted to something else. As a bonus, I included a shot of a former Long John Silver’s that is now a check cashing business. Enjoy.

If you have other local examples, please comment above, or better yet, email your pictures and I’ll post them (so long as they are original photos).

Starbucks at 1401 Alhambra Blvd in Sacramento:

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Carolina’s Mexican Food at 10179 Folsom Blvd in Rancho Cordova:

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Check Cashing (next to Carolina’s) – Formerly a Long John Silver’s:

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www.SacramentoAppraisalBlog.com Photos from the Field: ”Taco Bell” Buildings

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