NOT LISTED FOR SALE

Estimated Value: $13,000 - $670,000

0.14 Acre
$2,363,322 Price per Acre
6,294 Sq Ft Lot

Last Sold January 02, 2024

Last sale price $14,500 $2 Per Sq Ft

Est. 2,241% increase in value since last sale

Current estimated payment $1,790/month

66 Days on Market

Highlights

  • River View
  • Laguna High School Rated A
  • Brush Vegetation

About This Lot

As of January 2024

Welcome to the magical and peaceful world of Terrace Drive! 11356 Terrace Drive (MLS #323918423)is included with this lot. Down a winding, one-lane road, this lot is located in the California redwoods and perched over the Russian River. Minutes away from multiple beaches (Mom's Beach, Sunset Beach, and more). Less than 10 minutes away from the adorable town of Forestville, and about 30 minutes from the coast. Lot is sloped down hill. Buyer to investigate possible uses. Two additional land listings are also available for sale nearby: 11400 Summerhome Park Road (MLS #323918418), 11440 Summerhome Park Road (MLS #323918416),. The Summerhome Park Road listings are adjacent to one another, and 11356 Terrace Drive is two lots over from 11348 Terrace Drive.

Last Agent to Sell the Property

Jaclyn Yarbrough

eXp Realty of California, Inc License #02027835 Listed on: 10/14/2023

eXp Realty of California, Inc

Co-Listed By

Mia Yarbrough

eXp Realty of California, Inc License #02126602

Property Details

Property Type

  • Land

Lot Details

  • 6,294 Sq Ft Lot
  • Property fronts a county road
  • Brush Vegetation
  • Few Trees
  • Property is zoned RR1.5

Property Views

  • River
  • Forest

Community Details

  • Russian River Terrace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 081-162-014-000

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Type: Land
  • Property Sub Type: Residential Lot
  • Directions To Property: From River Road, take Forest Hills Road. Right on Old River Road, continue straight onto Summerhome Park Road. Left on Ice Box Canyon Road (small, winding paved road) for 0.1 mile, then take a hard right onto Terrace Drive. Continue up on one-lane, paved road for 0.4 miles. Go past the private drive and beware of dog signs, and 11348 Terrace Drive will be on the right.
  • Lot Size Acres: 0.1445
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Sale Lease Rent: Sale
  • Special Features: None

Exterior Features

  • Lot Features: See Remarks
  • Fencing: None
  • View: Forest, River

Utilities

  • Electric: Electric TBD
  • Sewer: TBD
  • Utilities: See Remarks
  • Water Source: TBD

Lot Info

  • Assessor Parcel Number: 081-162-014-000
  • Lot Size Sq Ft: 6294.00
  • Price Per Acre: 100346.02
  • CurrentUse: Vacant
  • DevelopmentStatus: Raw Land
  • NumberOfLots: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2023
Closed on
Dec 22, 2023
Sold by
Granite River Construction Inc
Bought by
Wallace Mark
Seller's Agent
Jaclyn Yarbrough
eXp Realty of California, Inc
List Price
$9,950
Sold Price
$14,500
Premium/Discount to List
$4,550
45.73%
Views
166
Current Estimated Value
$339,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$325,000
Avg. Annual Appreciation
363.48%

Purchase Details

Closed on
Oct 4, 2023
Sold by
Nicholas N Fruktow Revocable Living Trus and Fruktow Andre
Bought by
Granite River Construction Inc

Purchase Details

Closed on
Feb 14, 2017
Sold by
Fruktow Nicholas N
Bought by
Fruktow Andre and Fruktow Revocable L Nicholas N

Purchase Details

Closed on
Jun 28, 2007
Sold by
Nord John and Coimbra Marli
Bought by
Fruktow Nicholas N

Purchase Details

Closed on
Dec 27, 2006
Sold by
N R L L East Llc
Bought by
Nord John and Coimbra Marli

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,903
Interest Rate
6.12%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 10, 2006
Sold by
Russell Robert L and Russell Carol
Bought by
N R L L East Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wallace Mark $14,500 Chicago Title Company
Granite River Construction Inc $2,500 Chicago Title Company
Fruktow Andre -- None Available
Fruktow Nicholas N $9,500 First American Title Co
Nord John $8,000 None Available
N R L L East Llc $8,500 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nord John $7,903
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/02/2024 01/02/24 Sold $14,500 0.0% $2 / Sq Ft
12/26/2023 12/26/23 Price Changed $14,500 +45.7% $2 / Sq Ft
12/19/2023 12/19/23 Pending -- -- --
10/14/2023 10/14/23 For Sale $9,950 -- $2 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $386 $7,650 $7,650 --
2024 $386 $11,903 $11,903 --
2023 $386 $11,670 $11,670 --
2022 $375 $11,442 $11,442 $0
2021 $383 $11,218 $11,218 $0
2020 $369 $11,103 $11,103 $0
2019 $303 $10,886 $10,886 $0
2018 $298 $10,673 $10,673 $0
2017 $295 $10,464 $10,464 $0
2016 $329 $10,259 $10,259 $0
2015 -- $10,105 $10,105 $0
2014 -- $9,908 $9,908 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 323918422

Bay Area Real Estate Information Services (BAREIS)

APN: 081-162-014