NOT LISTED FOR SALE

12514 Cavanaugh Ln Nevada City, CA 95959

Estimated Value: $613,000 - $638,000

3 Beds
2 Baths
1,459 Sq Ft
$427/Sq Ft Est. Value

Last Sold May 22, 2023

Last sale price $599,000 $411 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,824/month

11 Days on Market

Highlights

  • Guest House
  • 9.96 Acre Lot
  • Private Lot
  • Seven Hills Intermediate School Rated A-
  • Forest View
  • Wood Flooring

About This Home

As of May 2023

This gorgeous, nearly 10 acre parcel is located in Nevada City. It's only 3 miles from downtown Nevada City but feels isolated. 3 bedrooms, 2 bathrooms with a bonus room that could be an office or another bedroom. The house features an open floor plan. Master bedroom features a soaking tub on the porch and an infrared sauna. The property also has another unfinished ADU, along with a micro-cottage and a large storage shed. There's a fenced garden area.

Last Agent to Sell the Property

Justin Gross

Barrett & Associates License #01908565 Listed on: 04/10/2023

Last Buyer's Agent

Dana Penney

Crosby Real Estate License #02101041

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,567

Year Built

  • Built in 1981

Lot Details

  • 9.96 Acre Lot
  • Private Lot
  • Secluded Lot
  • Zoning described as RA-X

Home Design

  • Composition Roof
  • Masonry

Interior Spaces

  • 1,459 Sq Ft Home
  • 1-Story Property
  • Forest Views
  • Carbon Monoxide Detectors
  • Laminate Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 5 Open Parking Spaces
  • No Garage
  • Unassigned Parking

Utilities

  • Central Air
  • 220 Volts
  • Gas Tank Leased
  • Well
  • Gas Water Heater
  • Septic System
  • High Speed Internet

Additional Features

  • Shed
  • Guest House

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 004-040-061-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,567

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential
  • Subtype Description: Flat,Semi-Custom
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: No
  • Stories: 1
  • Year Built: 1981
  • Architectural Style: Ranch
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Free Standing Refrigerator
  • Flooring: Carpet, Wood
  • Master Bedroom Features: Closet
  • Total Bathrooms: 2
  • Bathroom Features: Other
  • Dining Room Features: Other
  • Kitchen Features: Laminate Counter
  • Living Room Features: Cathedral/Vaulted,View
  • Main Level: Bedroom(s),Dining Room,Family Room,Full Bath(s),Kitchen
  • Price Per Square Foot: 410.56
  • Square Footage: 1459.00

Exterior Features

  • Other Structures: Shed(s), Storage, Guest House, Other
  • Construction Materials: Wood
  • Foundation: MasonryPerimeter
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 599000.00
  • Lot Features: Private, Secluded
  • Pool: No
  • Property Condition: Original
  • Roof: Composition
  • Spa: No
  • Topography: Forest
  • View Description: Forest
  • Land Use: Agricultural,Residential
  • Second Unit Kitchen: Yes

Garage/Parking

  • Open Parking Spaces: 5.00
  • Parking Features: No Garage, Unassigned, Uncovered Parking Spaces 2+

Utilities

  • Security: Carbon Mon Detector
  • Sewer: Septic System
  • Utilities: Propane Tank Leased, Internet Available
  • Cooling: Central
  • Electric: 220 Volts
  • Heating: Gas
  • Laundry Features: Dryer Included, Washer Included
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Yes
  • Senior Community: No

Schools

  • Senior High School District: Nevada Joint Union

Lot Info

  • Zoning Description: RA-X
  • Irrigation: Other
  • Lot Size Acres: 9.9600
  • Lot Size Sq Ft: 433858.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Assessor Parcel Number: 004-040-061-000
  • Bonds/Assessments/Taxes: Unknown

Multi Family

  • Unit 2 Partial Bathrooms: 0
  • Unit 2 Description: Cottage
  • Unit 2 Occupied: No
  • Unit 2 Type: Detached

MLS Schools

  • School District (County): Nevada

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2023
Closed on
May 5, 2023
Sold by
Clay Family Revocable Trust
Bought by
Mcintosh Charlie Eckelman and Costello Michaela
Seller's Agent
Justin Gross
Barrett & Associates
Buyer's Agent
Dana Penney
Crosby Real Estate
List Price
$599,000
Sold Price
$599,000
Views
19
Current Estimated Value
$623,092

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,092
Avg. Annual Appreciation
1.60%
Original Mortgage
$300,000
Outstanding Balance
$291,490
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$331,602

Purchase Details

Closed on
Aug 4, 2022
Sold by
Underwood Family Trust
Bought by
Clay Family Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 17, 2020
Sold by
Underwood Tim E
Bought by
Underwood Tim E and Underwood Family Trust

Purchase Details

Closed on
Aug 2, 2004
Sold by
Underwood Tim Edward
Bought by
Underwood Tim E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,400
Interest Rate
5.07%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Aug 27, 2002
Sold by
Underwood Deborah G
Bought by
Underwood Tim Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,200
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 26, 2002
Sold by
Auchard Emma Lou
Bought by
Underwood Tim Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,200
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Mcintosh Charlie Eckelman $599,000 Placer Title
Clay Family Revocable Trust $580,000 Old Republic Title
Underwood Tim E -- None Available
Underwood Tim E -- Inter County Title
Underwood Tim Edward -- Inter County Title Co
Underwood Tim Edward $329,000 Intercounty Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcintosh Charlie Eckelman $300,000
Previous Owner Clay Family Revocable Trust $300,000
Previous Owner Underwood Tim E $263,400
Previous Owner Underwood Tim Edward $263,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2023 05/22/23 Sold $599,000 0.0% $411 / Sq Ft
04/21/2023 04/21/23 Pending -- -- --
04/10/2023 04/10/23 For Sale $599,000 -- $411 / 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 $6,567 $623,199 $208,080 $415,119
2024 $6,071 $610,980 $204,000 $406,980
2023 $6,071 $556,800 $172,800 $384,000
2022 $4,861 $449,002 $158,308 $290,694
2021 $4,732 $440,199 $155,204 $284,995
2020 $4,720 $435,686 $153,613 $282,073
2019 $4,622 $427,144 $150,601 $276,543
2018 $4,530 $418,770 $147,649 $271,121
2017 $4,441 $410,559 $144,754 $265,805
2016 $4,279 $402,510 $141,916 $260,594
2015 $4,216 $396,465 $139,785 $256,680
2014 $4,149 $388,699 $137,047 $251,652
Source: Public Records

Agents Affiliated with this Home

  • Justin Gross

    Seller's Agent in 2023

    Justin Gross

    Barrett & Associates

    (818) 692-1152

    5 Total Sales

    Justin Gross
    Section Image

  • D

    Buyer's Agent in 2023

    Dana Penney

    Crosby Real Estate

    Section Image
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Map

Source: MetroList

MLS Number: 223029124

MetroList

APN: 004-040-061-000

California Nevada County Nevada City 95959

12514 Cavanaugh Ln, Nevada City, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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