NOT LISTED FOR SALE

3000 Alexandrite Dr Rescue, CA 95672

Estimated Value: $3,656,308

140.26 Acres
$26,069 Price per Acre
6,109,508 Sq Ft Lot

Last Sold October 25, 2019

Last sale price $2,700,000

Est. 35% increase in value since last sale

Current estimated payment $22,504/month

121 Days on Market

Highlights

  • 140.26 Acre Lot
  • No HOA
  • Property is Fully Fenced
  • Rescue Elementary School Rated A

About This Lot

As of October 2019

Exceptional opportunity to own one of the most beautiful large land parcels in the Bass Lake Area of El Dorado County, California. It is comprised of 140+ acres of magnificent land - all suitable for ranching - with portions of it suitable for vineyards too. Property is zoned RE-10 (Residential Estates - 10 Acres Minimum Lot Size) making it a great candidate for a 3 or 4-way split for a Spec Builder. Great Owner User or Investment Property with excellent Development Upside. If you are looking for a replacement 1031 Exchange Property - look no more!! Property is located at the end of a cul-de-sac off a County Maintained and asphalt paved road. Located within minutes from El Dorado Hills and Folsom shopping & entertainment, Historic Downtown Placerville, short drive to Lake Tahoe or Sacramento. DON'T MISS THIS RARE OPPORTUNITY TO ACQUIRE ONE OF THE BEST LARGE LAND PARCELS WITH GREAT FUTURE DEVELOPMENT UPSIDE POTENTIAL (compare it to Listing #19031337) IN THE ENTIRE EL DORADO COUNTY.

Last Agent to Sell the Property

George Popescu

Town & Country R. E. Brokers License #01222747 Listed on: 04/02/2019

Last Buyer's Agent

Terry Hundemer

The Chickering Company License #01100594

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $30,986

Lot Details

  • 140.26 Acre Lot
  • Property is Fully Fenced
  • Possible uses of the property include Grazing,Livestock,Single Family

Utilities

  • Gas Tank Leased

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 102-210-08-100

Property Details

Property Type

Land

Est. Annual Taxes

$30,986

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Subtype 1: Residential Lot
  • Primary Residence: 2+ Stories,Bath 2+,Bedrooms 3+,Over 1500 SqFt,See Remarks
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Other Equipment: None

Exterior Features

  • Other Structures: Barn,Shop,Other
  • Disclosures/Documents: CC&Rs,Livestock Possible,See Remarks
  • Fencing: Full
  • Listing Price: 2995000.00
  • Lot Features: Cul-De-Sac,Dead End,Paved,Pond Year Round,Shape Irregular,See Remarks
  • Road Surface Type: Paved
  • View Description: Special
  • Additional Living Units: No

Utilities

  • Utilities: Propane Tank Leased
  • Water Source: Domestic Well With Pump,Meter on Site,Meter Paid,Pond Year Round,Public,Stream Seasonal

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: El Dorado Union High

Lot Info

  • Zoning: RES
  • Crops: None
  • Current Use: Farm/Ranch,Grazing,See Remarks
  • Development Status: Lot Build To Suit,See Remarks
  • Zoning Description: Residential
  • Irrigation: Domestic Well,Pond Year Round,Public,Public District
  • Lot Size Acres: 140.2550
  • Lot Size Sq Ft: 6109508
  • Possible Use: Grazing,Livestock,Single Family

Multi Family

  • Income Includes: Lease,See Remarks

Tax Info

  • Assessor Parcel Number: 102-210-08-100
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): El Dorado

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2019
Closed on
Oct 23, 2019
Sold by
Sabrina Investments Inc
Bought by
Ciconia Village Llc
Seller's Agent
George Popescu
Town & Country R. E. Brokers
Buyer's Agent
Terry Hundemer
The Chickering Company
List Price
$2,995,000
Sold Price
$2,700,000
Premium/Discount to List
-$295,000
-9.85%
Total Days on Market
121
Current Estimated Value
$3,656,308

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$956,308
Avg. Annual Appreciation
5.23%

Purchase Details

Closed on
Aug 14, 2015
Sold by
Ho Sabrina and Ho Sabrina Kwei Lu
Bought by
Ho Sabrina

Purchase Details

Closed on
Feb 4, 2002
Sold by
Western Peaks Group One Llc
Bought by
Sabrina Investments Inc

Purchase Details

Closed on
Jul 2, 2001
Sold by
Deer Valley Oaks
Bought by
Western Peaks Group One Llc

Purchase Details

Closed on
Nov 28, 1994
Sold by
Deer Valley Oaks
Bought by
Deer Valley Oaks

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,411,600
Interest Rate
8.9%
Mortgage Type
Commercial
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
Ciconia Village Llc $2,700,000 Fidelity Natl Ttl Co Of Ca
Ho Sabrina -- None Available
Sabrina Investments Inc -- Alliance Title Company
Western Peaks Group One Llc $775,000 Inter County Title Co
Deer Valley Oaks -- Placer Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sabrina Investments Inc $1,000,000
Previous Owner Sabrina Investments Inc $1,200,000
Previous Owner Deer Valley Oaks $26,666
Previous Owner Deer Valley Oaks $800,000
Previous Owner Deer Valley Oaks $1,411,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2019 10/25/19 Sold $2,700,000 0.0% --
10/25/2019 10/25/19 Off Market $2,700,000 -- --
08/01/2019 08/01/19 Pending -- -- --
04/02/2019 04/02/19 For Sale $2,995,000 -- --
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 $30,986 $2,952,840 $2,077,925 $874,915
2024 $30,986 $2,894,942 $2,037,182 $857,760
2023 $30,403 $2,838,180 $1,997,238 $840,942
2022 $29,984 $2,782,530 $1,958,077 $824,453
2021 $29,605 $2,727,972 $1,919,684 $808,288
2020 $29,202 $2,700,000 $1,900,000 $800,000
2019 $21,659 $1,985,000 $1,063,000 $922,000
2018 $21,427 $1,985,000 $1,063,000 $922,000
2017 $21,492 $1,985,000 $1,063,000 $922,000
2016 $23,812 $2,189,216 $1,063,000 $1,126,216
2015 $23,419 $2,156,993 $1,035,000 $1,121,993
2014 $23,628 $2,172,290 $1,035,000 $1,137,290
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 19020502

MetroList

APN: 102-210-008-000