$110,050
SOLD MAY 12, 2020

2040 Old Outingdale Rd Somerset, CA 95684

2 Beds
1 Bath
884 Sq Ft
0.62 Acres

Recently Sold

$124 Per Sq Ft

39% Above List Price

10 Days on Market

Highlights

  • No HOA
  • Union Mine High School Rated A-
  • 1-Story Property

About This Home

As of March 2021

This is a fixer. Well report available - 14 gpm, potable water.Owner died in the house.Entry to house is PROHIBITED. Several chickens lived and died in the house. This house is in a great location-close to wineries, Cosumnes River and 25+ minutes to Placerville.

Last Agent to Sell the Property

Janet Mannion

RE/MAX Gold License #01369590 Listed on: 04/25/2020

RE/MAX Gold

Last Buyer's Agent

Jake Oliver

BERKSHIRE HATHAWAY Home Services NorCal Real Estate License #01911933

BERKSHIRE HATHAWAY Home Services NorCal Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,049

Year Built

  • Built in 1954

Lot Details

  • 0.62 Acre Lot
  • Zoning described as RE5

Home Design

  • Fixer Upper
  • Composition Roof

Interior Spaces

  • 884 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Well
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 093-200-051-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,049

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: No
  • Year Built: 1954
  • Stories: 1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Other
  • Bathroom Features: See Remarks
  • Bathrooms: 1.00
  • Dining Room Features: Other
  • Room Type: Baths Other
  • Price Per Square Foot: 124.49
  • Square Footage: 884

Exterior Features

  • Construction Materials: Wood
  • Disclosures/Documents: CC&Rs
  • Foundation: SeeRemarks
  • Listing Price: 79000.00
  • Pool: No
  • Property Condition: Fixer
  • Road Surface Type: Chip And Seal
  • Roof: Composition

Garage/Parking

  • Parking Features: See Remarks

Utilities

  • Sewer: Septic System
  • Utilities: See Remarks
  • Cooling: Other
  • Heating: Other
  • Laundry Features: Other
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: El Dorado Union High

Lot Info

  • Zoning Description: RE5
  • Irrigation: None
  • Lot Size Acres: 0.6200
  • Lot Size Sq Ft: 27007

Tax Info

  • Assessor Parcel Number: 093-200-051-0
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): El Dorado

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2021
Closed on
Feb 25, 2021
Sold by
Veritas Capital Llc
Bought by
Merker Evelynn C
Seller's Agent
Jake Oliver
BERKSHIRE HATHAWAY Home Services NorCal Real Estate
Buyer's Agent
Scott Sweeney
M & M Real Estate
List Price
$344,900
Sold Price
$357,000
Premium/Discount to List
$12,100
3.51%
Current Estimated Value
$369,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,543
Avg. Annual Appreciation
0.76%
Original Mortgage
$110,000
Outstanding Balance
$98,831
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$270,712

Purchase Details

Listed on
Apr 25, 2020
Closed on
May 6, 2020
Sold by
Dagostlnl John and Estate Of Linda Jean Olmstead
Bought by
Veritas Capital Llc
Seller's Agent
Janet Mannion
RE/MAX Gold
Buyer's Agent
Jake Oliver
BERKSHIRE HATHAWAY Home Services NorCal Real Estate
List Price
$79,000
Sold Price
$110,050
Premium/Discount to List
$31,050
39.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
327.52%

Purchase Details

Closed on
May 17, 2011
Sold by
Bac Home Loans Servicing Lp
Bought by
Olmstead Linda J

Purchase Details

Closed on
May 24, 2010
Sold by
Monteleone Deborah C
Bought by
Bac Home Loans Servicing Lp and Countrywide Home Loans Servicing Lp

Purchase Details

Closed on
Mar 24, 2005
Sold by
Monteleone Deborah C
Bought by
Monteleone Deborah C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 14, 2003
Sold by
Franks Breece B
Bought by
Monteleone Deborah C

Purchase Details

Closed on
Oct 2, 2003
Sold by
Kile Patricia A and The Franks Rev Trust
Bought by
Franks Breece B

Purchase Details

Closed on
Jul 19, 1994
Sold by
Franks Breece B and Franks Breece B
Bought by
Franks Breece B and Franks Olive Marie

Purchase Details

Closed on
Aug 30, 1993
Sold by
Shubat Ken and Shubat Alice P
Bought by
Franks Breece B and Franks Olive Marie
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 Type Sale Price Title Company
Grant Deed $357,000 First American Title Company
Grant Deed $110,500 Placer Title Company
Grant Deed $51,000 Chicago Title Company
Trustee Deed $98,250 First American Title
Interfamily Deed Transfer -- Alliance Title
Quit Claim Deed -- --
Interfamily Deed Transfer -- --
Grant Deed -- --
Grant Deed $50,000 Inter County Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $110,000 New Conventional
Previous Owner $29,000 Credit Line Revolving
Previous Owner $208,000 New Conventional
Previous Owner $25,000 Credit Line Revolving
Previous Owner $105,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2021 03/02/21 Sold $357,000 +3.5% $384 / Sq Ft
01/19/2021 01/19/21 Pending -- -- --
01/14/2021 01/14/21 For Sale $344,900 +213.4% $371 / Sq Ft
05/12/2020 05/12/20 Sold $110,050 +39.3% $124 / Sq Ft
05/05/2020 05/05/20 Pending -- -- --
04/25/2020 04/25/20 For Sale $79,000 -- $89 / 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 $4,049 $386,426 $59,533 $326,893
2024 $4,049 $378,850 $58,366 $320,484
2023 $3,969 $371,422 $57,222 $314,200
2022 $3,906 $364,140 $56,100 $308,040
2021 $892 $72,139 $30,917 $41,222
2020 $761 $59,734 $29,281 $30,453
2019 $754 $58,563 $28,707 $29,856
2018 $736 $57,416 $28,145 $29,271
2017 $725 $56,292 $27,594 $28,698
2016 $716 $55,189 $27,053 $28,136
2015 $695 $54,362 $26,648 $27,714
2014 $695 $53,299 $26,127 $27,172
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 20021836

MetroList

APN: 093-200-005-000