NOT LISTED FOR SALE

12480 Cherokee Ln Galt, CA 95632

Estimated Value: $712,000 - $1,347,216

4 Beds
2.5 Baths
2,640 Sq Ft
$422/Sq Ft Est. Value

Last Sold December 13, 2019

Last sale price $775,000 $294 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $6,631/month

296 Days on Market

Highlights

  • Horses Allowed On Property
  • 42.83 Acre Lot
  • Beamed Ceilings
  • Spa
  • No HOA
  • Views

About This Home

As of December 2019

Priced below market value! Sellers loss is your gain! Seller willing to partially finance.Endless income potential! Close to wineries in Lodi, perfect location for a lush vineyard. With the high demand for almonds, an almond grove? The 4800 square foot, 9 stall barn boasts room to store 1000 hay bails and has a tack room as well. Great opportunity to run your own horse boarding facility with it's several pastures, loafing sheds, and horse arena. Not only that, this property is fenced/cross fenced, has a 20 horsepower irrigation well/pump, and irrigated laser leveled fields.Lease the fields for extra income! Practice target shooting in your own shooting range, set up for competition with shade structures and a storage container. 3200 square foot workshop with three-phase power, being used as a professional machine shop and truck repair facility. Multiple income opportunities right outside your front door. This property has everything you could need, and more. Live and work from home.

Last Agent to Sell the Property

stacy duarte

RE/MAX Gold Natomas License #01353909 Listed on: 12/10/2018

RE/MAX Gold Natomas

Last Buyer's Agent

stacy duarte

RE/MAX Gold Natomas License #01353909 Listed on: 12/10/2018

RE/MAX Gold Natomas

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,246

Year Built

  • Built in 1987

Lot Details

  • 42.83 Acre Lot
  • Zoning described as AG-20

Parking

  • 3 Car Garage

Home Design

  • Slab Foundation
  • Metal Roof

Interior Spaces

  • 2,640 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Window Treatments
  • Combination Dining and Living Room
  • Tile Countertops
  • Laundry in Kitchen
  • Property Views

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Well
  • Septic System

Additional Features

  • Spa
  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • Ray Grower Sub #1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 148-1150-004-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,246

Year Built

Built in 1987

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Subtype Description: Detached
  • Property Subtype 1: 2 Houses on Lot
  • Remodeled Updated: No
  • Year Built: 1987
  • Architectural Style: See Remarks
  • Stories: 2
  • Subdivision: Ray Grower Sub #1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Electric Oven,Dishwasher,Disposal,Electric Cook Top,Free Standing Refrigerator,Hood Over Range
  • Interior Amenities: Open Beam Ceiling
  • Flooring: Concrete,Laminate,Vinyl
  • Master Bathroom Features: Double Sinks,Shower Stall(s),Window
  • Master Bedroom Features: Closet,Outside Access
  • Bathroom Features: Outside Access,Tub w/Shower Over
  • Bathrooms: 3.00
  • Dining Room Features: Dining/Living Combo
  • Kitchen Features: Tile Counter
  • Room Type: Baths Other,Dining Room,Living Room,Master Bathroom,Master Bedroom,Downstairs Bedroom
  • Main Level: Bedroom(s),Full Bath(s)
  • Price Per Square Foot: 293.56
  • Square Footage: 2640
  • Window Features: Window Coverings

Exterior Features

  • Other Structures: Outbuilding,Storage,Shed(s),Workshop
  • Construction Materials: Stucco,Wood
  • Foundation: Slab
  • Horse Property: Yes
  • Listing Price: 899000.00
  • Lot Features: Corner,Pond Seasonal,Secluded,Public Trans Nearby
  • Patio And Porch Features: Covered Deck,Covered Patio,Front Porch,Wrap Around Porch
  • Pool: No
  • Road Surface Type: Gravel
  • Roof: Metal
  • Spa Features: Spa/Hot Tub Personal
  • Spa: Yes
  • View Description: Special
  • Land Use: Pasture,Ranch

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: 24'+ Deep Garage,Boat Storage,RV Access,RV Storage

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Sewer: Septic System
  • Utilities: All Electric,Cable Available
  • Cooling: Ceiling Fan(s),Central
  • Electric: 220 Volts,220 Volts in Kitchen,220 Volts in Laundry
  • Heating: Central,Wall Furnace,Wood Stove
  • Laundry Features: In Kitchen
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Galt Joint UHS

Lot Info

  • Horse Amenities: 7+ Stalls,Arena,Barn(s),Boarding Facilities,Hay Storage,Pasture,Wash Rack
  • Zoning Description: AG-20
  • Irrigation: Agricultural Well,Irrigation Connected
  • Lot Size Acres: 42.8274
  • Lot Size Sq Ft: 1865562

Tax Info

  • Assessor Parcel Number: 148-1150-004-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 12, 2020
Sold by
Crocker Acana Llc
Bought by
Galt 42 Llc
Current Estimated Value
$1,114,054

Purchase Details

Listed on
Dec 10, 2018
Closed on
Dec 10, 2019
Sold by
Raque Michael Francis
Bought by
Crocker Acana Llc
Seller's Agent
stacy duarte
RE/MAX Gold Natomas
Buyer's Agent
stacy duarte
RE/MAX Gold Natomas
List Price
$1,450,000
Sold Price
$775,000
Premium/Discount to List
-$675,000
-46.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.37%

Purchase Details

Closed on
Jul 18, 2018
Sold by
Raque Michael F
Bought by
Raque Michael Francis

Purchase Details

Closed on
Jun 17, 2005
Sold by
Raque Michael and Raque Almut
Bought by
Raque Michael F and Raque Almut E

Purchase Details

Closed on
Mar 13, 2002
Sold by
Daly Robert R and Daly Marcella L
Bought by
Raque Michael and Raque Almut

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,700
Interest Rate
6.99%
Source: Public Records

Range of Values:

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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
Galt 42 Llc -- None Available
Crocker Acana Llc $775,000 Orange Coast Ttl Co Of Nocal
Raque Michael Francis -- None Available
Raque Michael F -- None Available
Raque Michael F -- --
Raque Michael $415,000 Alliance Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Raque Michael $300,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2019 12/13/19 Sold $775,000 0.0% $294 / Sq Ft
12/12/2019 12/12/19 Off Market $775,000 -- --
10/02/2019 10/02/19 Pending -- -- --
09/17/2019 09/17/19 Price Changed $899,000 -7.8% $341 / Sq Ft
07/02/2019 07/02/19 Price Changed $975,000 -9.3% $369 / Sq Ft
06/06/2019 06/06/19 Price Changed $1,075,000 -8.5% $407 / Sq Ft
05/05/2019 05/05/19 Price Changed $1,175,000 -7.8% $445 / Sq Ft
03/22/2019 03/22/19 Price Changed $1,275,000 -5.6% $483 / Sq Ft
02/11/2019 02/11/19 Price Changed $1,350,000 -6.9% $511 / Sq Ft
12/10/2018 12/10/18 For Sale $1,450,000 -- $549 / Sq Ft
Source: MetroList

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 $9,246 $847,571 $639,780 $207,791
2024 $9,246 $830,953 $627,236 $203,717
2023 $8,848 $814,661 $614,938 $199,723
2022 $8,672 $798,688 $602,881 $195,807
2021 $8,688 $783,028 $591,060 $191,968
2020 $8,393 $775,000 $585,000 $190,000
2019 $6,675 $618,306 $264,857 $353,449
2018 $6,638 $606,183 $259,664 $346,519
2017 $6,367 $594,298 $254,573 $339,725
2016 $6,274 $582,646 $249,582 $333,064
2015 $6,080 $573,896 $245,834 $328,062
2014 $6,038 $562,655 $241,019 $321,636
Source: Public Records

Agents Affiliated with this Home

  • stacy duarte

    Seller's Agent in 2019

    stacy duarte

    RE/MAX

    (916) 718-1686

    14 Total Sales

    stacy duarte
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Map

Source: MetroList

MLS Number: 18079464

MetroList

APN: 148-1150-004

California Sacramento County Galt 95632

12480 Cherokee Ln, Galt, CA

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