NOT LISTED FOR SALE

240 Pello Ln Nevada City, CA 95959

Estimated Value: $529,000 - $626,000

3 Beds
2.5 Baths
1,555 Sq Ft
$378/Sq Ft Est. Value

Last Sold December 31, 2019

Last sale price $450,000 $289 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $3,500/month

85 Days on Market

Highlights

  • New Construction
  • Seven Hills Intermediate School Rated A-
  • Carpet

About This Home

As of December 2019

What more could you be looking for?..Brand New Construction and walk to town in Nevada City! Welcome to Pello Lane. This is the first completed of 11 new homes on a 2.37 acre planned community parcel. Craftsman style 2 story 3 bed, 3 bath with beautiful shaker style kitchen cabinets, granite and stainless appliances in the kitchen. Natural Gas cooking and a free standing Nat Gas fireplace in the living room. 9' ceilings and 8' exterior doors. All city utilities, fire sprinklers. Master on the ground floor.

Last Agent to Sell the Property

Tiffni Hald

Intero Real Estate Services License #01964256 Listed on: 08/20/2019

Intero Real Estate Services

Last Buyer's Agent

Tiffni Hald

Intero Real Estate Services License #01964256 Listed on: 08/20/2019

Intero Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,081

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 6,970

Parking

  • 1 Car Garage

Home Design

  • Composition Roof

Interior Spaces

  • 1,555 Sq Ft Home
  • 2-Story Property
  • Carpet
  • Laundry in Hall

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2.5 Bathrooms

Additional Features

  • 6,970 Sq Ft Lot
  • Heating System Uses Natural Gas

Community Details

  • Surroundingarea Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,081

Year Built

Built in 2019 | New Construction

Lot Details

0

Listing Details

  • Age: Brand New
  • Estimated Lot Size: 0 - .255
  • Community: SurroundingArea
  • Directions: Downtown Nevada City. Up Broad Street, stay left on West Broad to Chief Kelly, left PIQ on right
  • Number of Acres: 0.16
  • Service Type: Full Service
  • Setting: Street
  • Sub-Area: 011
  • Sub-Status: Standard
  • Year Built: 2019
  • Cross Street: Chief Kelly
  • Estimated Sq Ft: BUILDING DEPARTMENT
  • Architecture: Other
  • Property Condition: New
  • Sign YN: Y
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Heating: Natural Gas
  • Estimated Sq Ft: 1555
  • Stories: Two
  • Water Company: NID
  • Water: Utility District
  • Fireplace: Gas Fireplace
  • Furnished: None
  • Bathrooms: 2.5
  • Bedrooms: 3
  • Floor Coverings: Carpet, Other, Tile

Exterior Features

  • Roof: Composition
  • Construction Phase: FINISHED

Garage/Parking

  • Garage: One

Utilities

  • Laundry: Hall

Lot Info

  • Lot Number: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2019
Closed on
Dec 30, 2019
Sold by
Gv Development Group Llc
Bought by
Smith Virgil and Smith Susan
Seller's Agent
Tiffni Hald
Intero Real Estate Services
Buyer's Agent
Tiffni Hald
Intero Real Estate Services
List Price
$490,000
Sold Price
$450,000
Premium/Discount to List
-$40,000
-8.16%
Current Estimated Value
$587,858

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,858
Avg. Annual Appreciation
4.69%
Original Mortgage
$360,000
Outstanding Balance
$318,686
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$269,172
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
Smith Virgil $450,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Virgil $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2019 12/31/19 Sold $450,000 -8.2% $289 / Sq Ft
11/13/2019 11/13/19 Pending -- -- --
08/20/2019 08/20/19 For Sale $490,000 -- $315 / Sq Ft
Source: Tahoe Sierra Board 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 $5,081 $492,137 $109,363 $382,774
2024 $4,987 $482,488 $107,219 $375,269
2023 $4,987 $473,028 $105,117 $367,911
2022 $4,887 $463,754 $103,056 $360,698
2021 $4,760 $454,662 $101,036 $353,626
2020 $4,723 $450,000 $100,000 $350,000
2019 $2,563 $244,306 $62,943 $181,363
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2019

    Tiffni Hald

    Intero Real Estate Services

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Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20192373

Tahoe Sierra Board of REALTORS®

APN: 005-580-002-000

California Nevada County Nevada City 95959

240 Pello Ln, Nevada City, CA

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