NOT LISTED FOR SALE

1521 Milky Way Placerville, CA 95667

Estimated Value: $705,000 - $866,769

3 Beds
3 Baths
2,142 Sq Ft
$382/Sq Ft Est. Value

Last Sold March 31, 2022

Last sale price $800,000 $373 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $5,276/month

25 Days on Market

Highlights

  • Barn
  • RV Access or Parking
  • 5.36 Acre Lot
  • Arena
  • Gated Community
  • Pasture Views

About This Home

As of March 2022

Beautifully updated home situated perfectly on equestrian lovers dream property. This 3 bedroom, 3 bath home features a great room concept with wood beam ceiling and luxury vinyl flooring throughout main areas. Gourmet kitchen with granite counters, custom cabinetry, gas cooktop, built in microwave and oven. Bedroom and full bath on main level. Designer master bathroom with soaking claw foot tub, beautiful tile work, dual shower heads and dual vanities with oversized walk in closet. New windows throughout, new exterior paint, and new roof. Ductless heat and AC mini split system installed throughout in 2015. Horse amenities include 3 separate irrigated pastures, 5 stall barn, arena with lights and sprinklers, trailer parking, wash rack and separate tack room. Solar electricity and water at barn. Property is cross fenced and has private gated access. Huge fenced garden and plenty of usable yard space around the home. Detached garage, carport, and several sheds on the property. No HOA!

Last Agent to Sell the Property

Callie Mirsky

Cali Homes License #01841201 Listed on: 02/05/2022

Last Buyer's Agent

Taffy Maurer

eXp Realty of California Inc. License #01902353

eXp Realty of California Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,042

Year Built

  • Built in 1979 | Remodeled

Lot Details

  • 5.36 Acre Lot
  • Street terminates at a dead end
  • Kennel or Dog Run
  • Cross Fenced
  • Fenced For Horses
  • Landscaped
  • Backyard Sprinklers
  • Zoning described as RE5

Parking

  • 2 Car Garage
  • 1 Carport Space
  • Garage Door Opener
  • Gravel Driveway
  • RV Access or Parking

Home Design

  • Slab Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2,142 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Ceiling Fan
  • Double Pane Windows
  • Great Room
  • Family Room
  • Dining Room
  • Pasture Views
  • Laundry Room
  • Attic

Kitchen

  • Built-In Electric Oven
  • Built-In Gas Range
  • <<microwave>>
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment for Heating

Outdoor Features

  • Covered patio or porch
  • Shed

Farming

  • Barn
  • Electricity in Barn

Horse Facilities and Amenities

  • Wash Rack
  • Horses Allowed On Property
  • Tack Room
  • Water to Barn
  • Trailer Storage
  • Arena

Utilities

  • Multiple cooling system units
  • Cooling System Powered By Renewable Energy
  • Ductless Heating Or Cooling System
  • Multiple Heating Units
  • Heating System Powered By Owned Propane
  • 220 Volts
  • 220 Volts in Kitchen
  • Gas Water Heater
  • Septic System
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Gated Community

Listing and Financial Details

  • Assessor Parcel Number 105-340-008-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,042

Year Built

Built in 1979 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Subtype Description: Detached
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: Yes
  • Restrictions: Tree Ordinance
  • Stories: 2
  • Year Built: 1979
  • Remodeled/Updated Desc: Bath 0-5YR,Kitchen 0-5YR,Other-Rmks 0-5YR
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Electric Oven, Gas Cook Top, Built-In Gas Range, Gas Water Heater, Dishwasher, Disposal, Microwave, Plumbed For Ice Maker
  • Interior Amenities: Open Beam Ceiling
  • Flooring: Tile, Vinyl, Wood
  • Master Bathroom Features: Shower Stall(s),Double Sinks,Soaking Tub,Multiple Shower Heads,Quartz,Walk-In Closet 2+,Window
  • Total Bathrooms: 3
  • Bathroom Features: Tub w/Shower Over,Window
  • Dining Room Features: Dining Bar,Dining/Family Combo
  • Kitchen Features: Pantry Cabinet,Granite Counter,Island,Island w/Sink
  • Living Room Features: Great Room,Open Beam Ceiling
  • Room Type: Attic, Master Bathroom, Baths Other, Master Bedroom, Dining Room, Family Room, Great Room, Kitchen, Laundry
  • Lower Level: Bedroom(s),Dining Room,Family Room,Full Bath(s),Kitchen,Street Entrance
  • Main Level: Bedroom(s),Dining Room,Family Room,Full Bath(s),Kitchen,Street Entrance
  • Price Per Square Foot: 373.48
  • Square Footage: 2142.00
  • Window Features: Dual Pane Full

Exterior Features

  • Other Structures: Barn(s), Shed(s), Kennel/Dog Run
  • Construction Materials: Frame, Wood
  • Disclosures/Documents: Attached Docs, CC&Rs, Seller Property Questionnaire, Disclosure Package Available, Sewer or Septic Report, TDS Available, Natural Hazard Disclosure Available, Preliminary Title Report
  • Fencing: Cross Fenced, Fenced
  • Foundation: Slab
  • Home Warranty: No
  • Horse Property: Yes
  • Listing Price: 825000.00
  • Lot Features: Auto Sprinkler Rear, Dead End, Landscape Back, Landscape Front
  • Patio And Porch Features: Covered Patio
  • Pool: No
  • Roof: Composition
  • Spa: No
  • Topography: Snow Line Below,Lot Grade Varies,Trees Many,Rock Outcropping
  • View Description: Pasture
  • Land Use: Residential,Pasture

Garage/Parking

  • Carport Spaces: 1.00
  • Garage Spaces: 2.00
  • Parking Features: Boat Storage, RV Access, Detached, Garage Door Opener
  • Driveway/Sidewalks: Gravel

Utilities

  • Security: Carbon Mon Detector, Double Strapped Water Heater, Smoke Detector, Unguarded Gate
  • Sewer: Septic Connected, Septic System
  • Utilities: Propane Tank Owned, Internet Available
  • Cooling: Ceiling Fan(s), Ductless, MultiUnits
  • Electric: 220 Volts, 220 Volts in Kitchen
  • Heating: Ductless, MultiUnits
  • Laundry Features: Cabinets, Inside Room
  • Water Source: Meter on Site, Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Yes, Service Animals OK, Cats OK, Dogs OK
  • Senior Community: No

Schools

  • Senior High School District: El Dorado Union High

Lot Info

  • Horse Amenities: 1-6 Stalls, Arena, Barn w/Electricity, Barn w/Water, Tack Room, Trailer Storage, Wash Rack
  • Zoning Description: RE5
  • Irrigation: Public District, Meter on Site
  • Lot Size Acres: 5.3600
  • Lot Size Sq Ft: 233482.00
  • ResoLotSizeUnits: Acres

Green Features

  • Energy Efficient: Cooling, Heating

Tax Info

  • Assessor Parcel Number: 105-340-008-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): El Dorado

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 22, 2024
Sold by
Lunger Michael A
Bought by
Lunger Family Trust and Lunger
Current Estimated Value
$818,692

Purchase Details

Listed on
Feb 5, 2022
Closed on
Mar 29, 2022
Sold by
Elkington Andrew C and Elkington Briana N
Bought by
Lunger Michael A
Seller's Agent
Callie Mirsky
Cali Homes
Buyer's Agent
Taffy Maurer
eXp Realty of California Inc.
List Price
$825,000
Sold Price
$800,000
Premium/Discount to List
-$25,000
-3.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.38%
Original Mortgage
$480,000
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 11, 2012
Closed on
Feb 20, 2013
Sold by
Norris Jeff and Norris Michelle
Bought by
Elkington Andrew C and Elkington Briana N
Seller's Agent
Linda Riley
Century 21 Select Real Estate
Buyer's Agent
Rosanne Haberer
Century 21 Select Real Estate
List Price
$325,000
Sold Price
$325,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.39%
Original Mortgage
$308,750
Interest Rate
3.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 23, 1997
Sold by
Petersen Erik O and Petersen Evelyn J
Bought by
Norris Jeff and Norris Ann Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,350
Interest Rate
7.54%
Source: Public Records

Range of Values:

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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
Lunger Family Trust -- None Listed On Document
Lunger Michael A $800,000 Fidelity National Title
Lunger Michael A -- Fidelity National Title
Elkington Andrew C $325,000 Placer Title Company
Norris Jeff $193,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lunger Michael A $480,000
Previous Owner Elk1ngton Andrew C $287,500
Previous Owner Elkington Andrew C $308,750
Previous Owner Norris Jeff $160,500
Previous Owner Norris Jeff $183,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2022 03/31/22 Sold $800,000 -3.0% $373 / Sq Ft
03/02/2022 03/02/22 Pending -- -- --
02/05/2022 02/05/22 For Sale $825,000 +153.8% $385 / Sq Ft
02/21/2013 02/21/13 Sold $325,000 0.0% $197 / Sq Ft
01/29/2013 01/29/13 Pending -- -- --
12/11/2012 12/11/12 For Sale $325,000 -- $197 / 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
2024 $9,042 $832,320 $192,474 $639,846
2023 $8,868 $816,000 $188,700 $627,300
2022 $4,723 $413,909 $113,133 $300,776
2021 $4,662 $405,794 $110,915 $294,879
2020 $4,602 $401,634 $109,778 $291,856
2019 $4,537 $393,760 $107,626 $286,134
2018 $4,061 $351,726 $105,516 $246,210
2017 $3,997 $344,831 $103,448 $241,383
2016 $3,941 $338,070 $101,420 $236,650
2015 $3,819 $332,995 $99,898 $233,097
2014 $3,819 $326,474 $97,942 $228,532
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 222011655

MetroList

APN: 105-340-008-000