NOT LISTED FOR SALE

16 S Wallace Lake Dr Wallace, CA 95254

Estimated Value: $494,000 - $601,000

4 Beds
2 Baths
2,678 Sq Ft
$213/Sq Ft Est. Value

Last Sold January 13, 2020

Last sale price $450,000 $168 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $3,652/month

236 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • Covered Patio or Porch
  • Contemporary Architecture
  • Solid Surface Countertops
  • Breakfast Area or Nook

About This Home

As of January 2020

Owned Solar! Great curb appeal! This well maintained home in prestigious Wallace Lake Estates has much to offer! Single level, high ceilings, spacious kitchen with pantry, stainless appliances, granite counters, 4 bedrooms, 2 baths. Large master suite with access to full length covered back porch perfect for outdoor living. Laundry room, Dining/living combo, family room. Wide hallway. Central vacuum, instant hot water heater. Fenced backyard. Sprinkler system with timer.Three car attached garage. Quiet neighborhood. Walking trails. Bring your boat! Lake Camanche only minutes away. Nearby communities - Clements, Lockeford, Valley Springs, Burson. Located in Calaveras County but close to San Joaquin County Line. Easy Commute. Live where you play!

Last Agent to Sell the Property

Paula Robitaille

RE/MAX Grupe Gold License #01843195 Listed on: 04/22/2019

RE/MAX Grupe Gold

Last Buyer's Agent

Default zMember

zDefault Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,068

Year Built

  • Built in 2006

Lot Details

  • 0.32 Acre Lot
  • Fenced Yard
  • Landscaped
  • Level Lot

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,678 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Gas Log Fireplace
  • Double Pane Windows
  • Formal Dining Room
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Built-In Gas Oven
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Accessible Home Design

  • Low Kitchen Cabinetry

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Utilities

  • Whole House Fan
  • Central Air
  • Heating System Uses Gas
  • Heating System Uses Propane

Community Details

  • Wallace Lake Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 048064012000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,068

Year Built

Built in 2006

Lot Details

0

HOA Fees

$42 per month

Parking

3

Listing Details

  • Architectural Style: Contemporary
  • Carport Y N: No
  • Garage Yn: Yes
  • Inclusions: Owned Solar,
  • Unit Levels: One
  • Lot Size Acres: 0.32
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Building Stories: 1
  • Subdivision Name: Wallace Lake Estates
  • Year Built: 2006
  • Special Features: None
  • Stories: 1

Interior Features

  • Accessibility Features: Low Cabinetry
  • Appliances: Built-In Gas Oven, Dishwasher, Disposal, Microwave
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log
  • Fireplace: No
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Breakfast Area, Separate/Formal Dining Room, Open Floorplan, Solid Surface Counters
  • Living Area: 2678.0
  • Private Spa: No
  • Stories: 1
  • Window Features: Double Pane Windows

Exterior Features

  • Construction Type: Stucco
  • Waterfront Elevation: 600
  • Exterior Features: Lighting, Paved Driveway
  • Fencing: Yard Fenced
  • Foundation Details: Slab
  • Lot Features: Landscaped, Other, Level
  • Patio And Porch Features: Covered, Patio
  • Pool Private: No
  • Roof: Composition
  • Topography: Level,Sloping,Varied

Garage/Parking

  • Garage Spaces: 3.0
  • Parking Features: Attached

Utilities

  • Cooling: Central Air, Whole House Fan
  • Cooling Y N: Yes
  • Heating: Gas, Propane
  • Heating Yn: Yes
  • Laundry Features: Laundry Room
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 500.0
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Other

Schools

  • Junior High Dist: Calaveras

Lot Info

  • Lot Size Sq Ft: 13939.0
  • Parcel #: 048064012000
  • Zoning Description: R1-Single Family
  • ResoLotSizeUnits: Acres

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2019
Closed on
Jan 9, 2020
Sold by
Wisdom Mark and Wisdom Jeaniene
Bought by
Lofthus Orton Jay and Lofthus Sally M
Seller's Agent
Paula Robitaille
RE/MAX Grupe Gold
Buyer's Agent
Default zMember
zDefault Office
List Price
$499,000
Sold Price
$450,000
Premium/Discount to List
-$49,000
-9.82%
Current Estimated Value
$570,720

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,720
Avg. Annual Appreciation
4.32%
Original Mortgage
$427,500
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 12, 2012
Closed on
Jul 5, 2012
Sold by
Federal National Mortgage Association
Bought by
Wisdom Mark and Wisdom Jeaniene
Seller's Agent
John Manguso
Manguso Realty
Buyer's Agent
Paula Robitaille
RE/MAX Grupe Gold
List Price
$249,900
Sold Price
$229,900
Premium/Discount to List
-$20,000
-8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.51%
Original Mortgage
$222,227
Interest Rate
3.53%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 25, 2012
Sold by
Al Rousan Ahmad
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 3, 2001
Sold by
Madill Christopher B and Madill Carey L
Bought by
Al Ruosan Ahmad

Purchase Details

Closed on
Mar 30, 2001
Sold by
Al Ruosan Elizabeth
Bought by
Al Ruosan Ahmad
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
Lofthus Orton Jay $450,000 Placer Title Company
Wisdom Mark $230,000 Placer Title Company
Federal National Mortgage Association $305,067 None Available
Al Ruosan Ahmad $39,000 The Sterling Title Co
Al Ruosan Ahmad -- The Sterling Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lofthus Orton Jay $431,394
Closed Lofthus Orton Jay $427,500
Previous Owner Wisdom Mark $306,267
Previous Owner Wisdom Mark $305,250
Previous Owner Wisdom Mark $222,227
Previous Owner Al Ruosan Ahmad $300,000
Previous Owner Al Ruosan Ahmad $150,000
Previous Owner Alruosan Ahmad $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2020 01/13/20 Sold $450,000 -9.8% $168 / Sq Ft
12/14/2019 12/14/19 Pending -- -- --
04/22/2019 04/22/19 For Sale $499,000 +117.1% $186 / Sq Ft
08/24/2012 08/24/12 Sold $229,900 -8.0% $86 / Sq Ft
08/20/2012 08/20/12 Pending -- -- --
04/12/2012 04/12/12 For Sale $249,900 -- $93 / Sq Ft
Source: Calaveras County Association of REALTORS®

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 $6,068 $492,136 $65,616 $426,520
2023 $5,963 $473,027 $63,069 $409,958
2022 $5,947 $463,753 $61,833 $401,920
2021 $3,896 $261,538 $68,255 $193,283
2020 $3,872 $258,858 $67,556 $191,302
2019 $3,969 $253,783 $66,232 $187,551
2018 $3,837 $248,808 $64,934 $183,874
2017 $3,783 $243,930 $63,661 $180,269
2016 $3,772 $239,148 $62,413 $176,735
2015 -- $235,557 $61,476 $174,081
2014 -- $230,943 $60,272 $170,671
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Calaveras County Association of REALTORS®

MLS Number: 1900792

Calaveras County Association of REALTORS®

APN: 048-064-012-000