NOT LISTED FOR SALE
3 Beds
4 Baths
1,600 Sq Ft
2.35 Acre Lot

Sale Details

Date Sold: May 31, 2018

Last sale price $550,000 $344 Per Sq Ft

28 Days on Market

Highlights

  • 2.35 Acre Lot
  • Cottage
  • 1-Story Property
  • No HOA
  • Double Pane Windows

About This Home

As of May 2018

GREAT income potential and investment opportunity!This is a GORGEOUS, large, and usable parcel near downtown Placerville! Nearly 2.5 acres on this lovely tree-lined corner lot. 7 cottages all approx. 400 square feet, 3 newly finished, and the remaining 4 just need completion. Per the city, there is a possibility to build 2-3 more on the property. All work has been completed with permits and work began on laundry facility. Cash purchase. Buyer to verify costs and info.

Last Agent to Sell the Property

Melissa Cvitanovic

Coldwell Banker Realty License #01924412 Listed on: 03/27/2018

Coldwell Banker Realty

Last Buyer's Agent

Andrey Petrin

Capital Group Realty, Inc. License #01456514

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1941

Lot Details

  • 2.35

Parking

  • Open Parking

Home Design

  • Cottage
  • Fixer Upper
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Double Pane Windows

Additional Features

  • 2.35 Acre Lot
  • Multiple Heating Units

Listing and Financial Details

  • Assessor Parcel Number 049-190-06-100

Community Details

Overview

  • No Home Owners Association
  • 7 Buildings
  • 7 Units

Building Details

  • 3 Leased Units
  • 4 Vacant Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1941

Lot Details

2.35 Acres

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: 5 or More Units
  • Year Built: 1941
  • Architectural Style: Cottage/Bungalow
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher,Free Standing Gas Oven,Gas Cook Top
  • Other Equipment: None
  • Flooring: Laminate,Tile
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Vinyl Siding,Wood
  • Disclosures/Documents: Natural Hazard Disclosure Available,Transfer Disclosure Statement,See Remarks
  • Listing Price: 599000.00
  • Patio And Porch Features: Uncovered Deck,See Remarks
  • Property Condition: Fixer
  • Roof: Composition

Garage/Parking

  • Parking Features: Open

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Cooling: MultiUnits,See Remarks
  • Heating: MultiUnits

Condo/Co-op/Association

  • Association Features: Separate Laundry Facility,Yard Space,See Remarks
  • Association: No

Schools

  • Senior High School District: El Dorado Union High

Lot Info

  • Zoning Description: Commercial
  • Lot Size Acres: 2.3500
  • Lot Size Sq Ft: 102366

Rental Info

  • Tenant Pays: See Remarks
  • Total # Leasable: 3

Multi Family

  • Income Includes: Rent Only
  • Existing Lease Type: See Remarks
  • Number of Leased Units: 3
  • Number of Units: 7
  • Number of Vacant Units: 4
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 049-190-06-100

MLS Schools

  • School District (County): El Dorado

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2018
Closed on
May 23, 2018
Sold by
Bought by
Seller's Agent
Melissa Cvitanovic
Coldwell Banker Realty
Buyer's Agent
Andrey Petrin
Capital Group Realty, Inc.
List Price
$599,000
Sold Price
$550,000
Premium/Discount to List
-$49,000
-8.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
0.044%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 6, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
0.0629%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 25, 2003
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$550,000 North American Title Company
$470,000 Financial Title Company
$1,425,000 Placer Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $670,000
Closed $556,107
Closed $385,000
Previous Owner $220,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/31/2018 05/31/18 Sold $550,000 -8.2% $344 / Sq Ft
04/24/2018 04/24/18 Pending -- -- --
03/27/2018 03/27/18 For Sale $599,000 -- $374 / Sq Ft
Source: MetroList

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $7,745 $741,815 $398,238 $343,577
2024 $7,745 $727,271 $390,430 $336,841
2023 $7,655 $713,012 $382,775 $330,237
2022 $7,548 $699,032 $375,270 $323,762
2021 $7,463 $685,326 $367,912 $317,414
2020 $7,353 $678,300 $364,140 $314,160
2019 $7,264 $665,000 $357,000 $308,000
2018 $2,540 $215,000 $119,000 $96,000
2017 $2,550 $215,000 $119,000 $96,000
2016 $2,619 $220,000 $150,000 $70,000
2015 $2,311 $194,000 $125,000 $69,000
2014 $2,105 $174,000 $125,000 $49,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 18018210

MetroList

APN: 049-190-06-100

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