NOT LISTED FOR SALE

2250 Cement Hill Rd Fairfield, CA 94533

Estimated Value: $576,395

5.13 Acres
$112,358 Price per Acre
223,463 Sq Ft Lot

Last Sold October 29, 2024

Last sale price $550,000 $2 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,560/month

65 Days on Market

About This Lot

As of October 2024

Big price drop!!! Explore the exciting potential of this unique 5+ acre vacant lot located on the north side of Cement Hill Road, Fairfield. Recently rezoned from industrial to residential, this property presents a prime opportunity for both developers and investors seeking to build their ideal community. Key Features: Strategic Location: The lot is conveniently situated just a 10 to 15-minute walk from the commuter rail station, making it an excellent choice for commuters and those who value easy access to public transportation. Generous Size: This lot allows for a variety of creative development options. Whether you envision single-family residences, a multi-family complex, or a cluster of townhomes, the ample space invites innovative design. Residential Potential: Fairfield is a growing community, and this lot is positioned to take advantage of the increasing demand for housing, making it an ideal investment opportunity. This rare find combines space, and accessibility, making it a standout opportunity in a desirable location. If you're looking to develop a new residential project, this lot is ready for your vision. Don't miss your chance to invest in Fairfield's future. Contact us today for more information or to schedule a viewing!

Last Agent to Sell the Property

Harvey Fry

Pacific Bay Estates License #01965931 Listed on: 07/17/2024

Last Buyer's Agent

Balwinder Pahal

Fathom Realty Group, Inc. License #01299978

Fathom Realty Group, Inc.

Property Details

Property Type

  • Land

Lot Details

  • 5.13 Acre Lot
  • Irregular Lot

Utilities

  • Sewer Not Available

Listing and Financial Details

  • Assessor Parcel Number 0166-110-200

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Type: Land
  • Property Sub Type: Residential Lot
  • Directions To Property: From Peabody Road go west on Cement Hill Road. Drive 1/2 mile property will be on North side of road.
  • Lot Size Acres: 5.1300
  • Road Frontage Type: City Street
  • Road Surface Type: Unimproved
  • Special Features: None

Interior Features

  • Possible Use: Residential, Single Family

Exterior Features

  • Lot Features: Shape Irregular
  • Fencing: None
  • Soil: Unknown
  • View: None

Utilities

  • Electric: Electric TBD
  • Sewer: None
  • Utilities: See Remarks
  • Water Source: Unknown

Lot Info

  • Assessor Parcel Number: 0166-110-200
  • Lot Size Sq Ft: 223463.00
  • CurrentUse: Industrial, Non-Conforming
  • DevelopmentStatus: None
  • Irrigation: None
  • NumberOfLots: 1
  • Perc Test/Septic Design: None
  • Zoning Description: Residential

Multi Family

  • IncomeIncludes: Lease

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2024
Closed on
Oct 28, 2024
Sold by
Liming Scott
Bought by
Twin Kings Enterprises
Seller's Agent
Harvey Fry
Pacific Bay Estates
Buyer's Agent
Balwinder Pahal
Fathom Realty Group, Inc.
List Price
$1,350,000
Sold Price
$550,000
Premium/Discount to List
-$800,000
-59.26%
Views
31
Current Estimated Value
$576,395

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,395
Original Mortgage
$275,000
Outstanding Balance
$272,247
Interest Rate
6.09%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 31, 2023
Sold by
Edward L Fry 2010 Revocable Trust
Bought by
Liming Scott

Purchase Details

Closed on
Apr 6, 2010
Sold by
Fry Edward L
Bought by
Fry Edward L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Twin Kings Enterprises $550,000 Old Republic Title
Twin Kings Enterprises $550,000 Old Republic Title
Liming Scott -- None Listed On Document
Fry Edward L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Twin Kings Enterprises $275,000
Closed Twin Kings Enterprises $275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2024 10/31/24 Off Market $550,000 -- --
10/29/2024 10/29/24 Sold $550,000 -6.0% $2 / Sq Ft
08/17/2024 08/17/24 Price Changed $585,000 -56.7% $3 / Sq Ft
07/17/2024 07/17/24 For Sale $1,350,000 -- $6 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

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 $19,426 $1,595,000 $1,595,000 --
2024 $19,426 $1,595,280 $1,595,280 --
2023 $1,286 $98,835 $98,835 $0
2022 $1,256 $96,898 $96,898 $0
2021 $1,240 $94,999 $94,999 $0
2020 $1,226 $94,025 $94,025 $0
2019 $1,205 $92,182 $92,182 $0
2018 $1,191 $90,375 $90,375 $0
2017 $1,156 $88,603 $88,603 $0
2016 $1,133 $86,866 $86,866 $0
2015 $1,117 $85,562 $85,562 $0
2014 $1,098 $83,886 $83,886 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 324056305

Bay Area Real Estate Information Services (BAREIS)

APN: 0166-110-200