NOT LISTED FOR SALE

11543 Beaumont Ave Cherry Valley, CA 92223

Estimated Value: $500,000 - $2,491,000

9.32 Acres
$114,421 Price per Acre
405,979 Sq Ft Lot

Last Sold September 05, 2023

Last sale price $1,900,000 $1,712 Per Sq Ft

Est. 44% decrease in value since last sale

Current estimated payment $6,302/month

1,060 Days on Market

Highlights

  • 9.32 Acre Lot
  • Mountain View
  • No HOA
  • Brookside Elementary School Rated 9+
  • Corner Lot
  • 5-minute walk to Sunny Hills Park

About This Lot

As of September 2023

Development opportunity in one of California's fastest growing cities. 2 parcels for a total of 9.32 acres of level ground. Planned development is residential but it might have commercial possibilities if rezoned.

Last Agent to Sell the Property

Peter Tripp

Better Homes & Gardens R.E. Oak Valley License #00877128 Listed on: 08/24/2020

Better Homes & Gardens R.E. Oak Valley

Last Buyer's Agent

General NONMEMBER

NONMEMBER MRML

Property Details

Property Type

  • Land

Lot Details

  • 9.32 Acre Lot
  • Corner Lot
  • Rectangular Lot
  • Level Lot
  • 404-140-003,404-140-002
  • Property is zoned Specific Plan area

Additional Features

  • Mountain Views
  • Suburban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 404140002

Property Details

Property Type

Land

Lot Details

9.32 Acres

Listing Details

  • View: Yes
  • Zoning: Specific Plan area
  • Property Type: Land
  • Parcel Number: 404140002
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 4.68

Exterior Features

  • View: Mountain(s)

Utilities

  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Suburban

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 404-140-003,404-140-002
  • Land Lease: No
  • Lot Features: Corner Lot, Level with Street, Rectangular Lot
  • Lot Size Sq Ft: 405979.00
  • Lot Size Acres: 9.3200
  • Latitude Manual: 33.95371100

Multi Family

  • Lot Size Area: 405979.0000 Square Feet

Tax Info

  • Tax Census Tract: 438.07

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2020
Closed on
Sep 1, 2023
Sold by
Sullivan John J
Bought by
Ginsburg Allen H
Seller's Agent
Peter Tripp
Better Homes & Gardens R.E. Oak Valley
Buyer's Agent
General NONMEMBER
NONMEMBER MRML
List Price
$1,900,000
Sold Price
$1,900,000
Views
22
Current Estimated Value
$1,066,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$833,597
Avg. Annual Appreciation
-20.20%
Original Mortgage
$1,200,000
Outstanding Balance
$1,173,679
Interest Rate
6.78%
Mortgage Type
Seller Take Back
Estimated Equity
-$107,276

Purchase Details

Listed on
Aug 24, 2020
Closed on
Aug 25, 2023
Sold by
Ginsburg Charlotte R
Bought by
Ginsburg Allen H
Seller's Agent
Peter Tripp
Better Homes & Gardens R.E. Oak Valley
Buyer's Agent
General NONMEMBER
NONMEMBER MRML
List Price
$1,900,000
Sold Price
$1,900,000
Views
22

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Outstanding Balance
$1,173,679
Interest Rate
6.78%
Mortgage Type
Seller Take Back
Estimated Equity
-$107,276

Purchase Details

Listed on
Aug 24, 2020
Closed on
Aug 21, 2023
Sold by
Jerue Family Trust
Bought by
Beaumont Re Holdings Llc
Seller's Agent
Peter Tripp
Better Homes & Gardens R.E. Oak Valley
Buyer's Agent
General NONMEMBER
NONMEMBER MRML
List Price
$1,900,000
Sold Price
$1,900,000
Views
22

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Outstanding Balance
$1,173,679
Interest Rate
6.78%
Mortgage Type
Seller Take Back
Estimated Equity
-$107,276

Purchase Details

Closed on
Jun 27, 2006
Sold by
Sullivan Nancy A
Bought by
Sullivan John J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 8, 2004
Sold by
Bell Donna
Bought by
Bell Mike and Bell Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,650
Interest Rate
6.99%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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Average Value
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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
Ginsburg Allen H $1,900,000 Fidelity National Title Compan
Ginsburg Allen H -- Fidelity National Title Compan
Beaumont Re Holdings Llc -- Fidelity National Title
Sullivan John J -- First American Title Company
Sullivan John J $650,000 First American Title Company
Bell Mike -- Fidelity National Financial
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ginsburg Allen H $1,200,000
Previous Owner Sullivan John J $325,000
Previous Owner Bell Mike $83,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/05/2023 09/05/23 Sold $1,900,000 0.0% $1,712 / Sq Ft
08/22/2022 08/22/22 For Sale $1,900,000 0.0% $1,712 / Sq Ft
08/20/2022 08/20/22 Off Market $1,900,000 -- --
08/24/2020 08/24/20 For Sale $1,900,000 -- $1,712 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $7,243 $510,000 $443,700 $66,300
2023 $7,243 $495,211 $431,394 $63,817
2022 $6,045 $450,192 $422,936 $27,256
2021 $5,135 $381,518 $359,923 $21,595
2020 $4,591 $340,642 $321,360 $19,282
2019 $4,476 $330,720 $312,000 $18,720
2018 $4,375 $318,000 $300,000 $18,000
2017 $3,613 $257,000 $225,000 $32,000
2016 $3,197 $232,000 $120,000 $112,000
2015 $3,439 $232,000 $120,000 $112,000
2014 $2,246 $155,000 $80,000 $75,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV20173501

California Regional Multiple Listing Service (CRMLS)

APN: 404-140-003

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