NOT LISTED FOR SALE

4664 String Canyon Rd Somerset, CA 95684

Estimated Value: $62,000 - $496,000

1.2 Acres
$172,778 Price per Acre
52,272 Sq Ft Lot

Last Sold June 14, 2022

Last sale price $48,500 $17 Per Sq Ft

Est. 327% increase in value since last sale

Current estimated payment $1,116/month

34 Days on Market

Highlights

  • No HOA
  • Union Mine High School Rated A-
  • High Speed Internet

About This Lot

As of June 2022

Absolutely fantastic 1.2 acre lot on the hillside of Somerset. Come build your dream home or mountain getaway with sweeping views and watch the forest come back to life with your help. In the aftermath of the Caldor fire, many residents are working hard to rebuild and recapture the beauty of the forest. And now this lot is ready too. The Cal OES debris clean up is COMPLETED. Certificate attached. The lot has a water meter piping in mountain spring water via Grizzly Flats CSD and with the existing septic system it offers a new owner the opportunity to obtain a permit to live on site during the construction. The 2,806 square foot wood framed and river rock country home with 3 bedrooms, 2 bathrooms, an ADU and two fireplaces had the true rustic and cozy feel. With 20-25% down lot financing available, let's get you started building a new home or having a manufactured home placed on the land. Whatever the best fit for you is as you embark on your path to home ownership.

Last Agent to Sell the Property

Sheena Reithmeier

Reithmeier Properties License #01790507 Listed on: 04/27/2022

Last Buyer's Agent

Sheena Reithmeier

Reithmeier Properties License #01790507 Listed on: 04/27/2022

Property Details

Property Type

  • Land

Lot Details

  • 1.2 Acre Lot
  • Property fronts an easement
  • Street terminates at a dead end
  • Chain Link Fence
  • Possible uses of the property include See Remarks
  • Property is zoned RE-5, 2nd Unit Possible,Single-Family,See Remarks

Utilities

  • Generator Hookup
  • Septic Tank
  • High Speed Internet

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 041-450-010-000

Property Details

Property Type

Land

Lot Details

1.2 Acres

Listing Details

  • Property Type: Land
  • Property Subtype 1: Residential Lot
  • Primary Residence: See Remarks
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Other Structures: None
  • Fencing: Chain Link
  • Horse Property: No
  • Listing Price: 55000.00
  • Lot Features: Dead End
  • Road Frontage: Easement
  • Road Surface Type: Gravel
  • Topography: Mostly Level,Downslope,Hillside,Trees
  • Additional Living Units: No
  • Soil: Unknown

Utilities

  • Sewer: Septic Tank
  • Utilities: Public, Generator Permited, Internet Available, Water Available
  • Electric: Electric Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: El Dorado Union High

Lot Info

  • Zoning: RE-5
  • Crops: None
  • Current Use: Vacant
  • Development Status: See Remarks
  • Zoning Description: 2nd Unit Possible,Single-Family,See Remarks
  • Irrigation: None
  • Lot Size Acres: 1.2000
  • Lot Size Sq Ft: 52272.00
  • Possible Use: See Remarks

Multi Family

  • Income Includes: None

Tax Info

  • Assessor Parcel Number: 041-450-010-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): El Dorado

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2022
Closed on
Jun 9, 2022
Sold by
Russell Edens Benjamin
Bought by
Hayer Maninder and Hayer Sukhraj Kaur
Seller's Agent
Sheena Reithmeier
Reithmeier Properties
Buyer's Agent
Sheena Reithmeier
Reithmeier Properties
List Price
$55,000
Sold Price
$48,500
Premium/Discount to List
-$6,500
-11.82%
Current Estimated Value
$207,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,833
Avg. Annual Appreciation
48.25%

Purchase Details

Listed on
Apr 27, 2022
Closed on
Jun 8, 2022
Sold by
Russell Edens and Russell Benjamin
Bought by
Edens Benjamin Russell
Seller's Agent
Sheena Reithmeier
Reithmeier Properties
Buyer's Agent
Sheena Reithmeier
Reithmeier Properties
List Price
$55,000
Sold Price
$48,500
Premium/Discount to List
-$6,500
-11.82%

Purchase Details

Listed on
Oct 19, 2020
Closed on
Mar 17, 2021
Sold by
Christensen Judith Renee and Christensen Gary O
Bought by
Edens Benjamin Russell
Seller's Agent
William Boone
eXp Realty of California Inc
Buyer's Agent
Leo Arellano
Realty One Group Complete
Sold Price
$490,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-84.75%
Original Mortgage
$490,000
Interest Rate
2.7%
Mortgage Type
VA

Purchase Details

Closed on
Oct 26, 2015
Sold by
Christensen Gary and Christensen Judith
Bought by
Christensen Judith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2006
Sold by
Christensen Judith and Christensen Gary
Bought by
Christensen Gary and Christensen Judith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,000
Interest Rate
7.63%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jun 14, 2005
Sold by
Macdonald Kevin and Macdonald Danya R
Bought by
Christensen Gary and Christensen Judith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 5, 2003
Sold by
Mullen Robert F and Borovkoff Adam
Bought by
Macdonald Kevin and Macdonald Danya R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
3.75%

Purchase Details

Closed on
Jun 29, 2000
Sold by
Mullen Robert F
Bought by
Mullen Robert F and Borovkoff Adam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,100
Interest Rate
8.67%

Purchase Details

Closed on
Jun 16, 2000
Sold by
Levick Floyd L Tr and Levick Ruth M Tr Etal
Bought by
Mullen Robert F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,100
Interest Rate
8.67%

Purchase Details

Closed on
Oct 18, 1993
Sold by
Levick Floyd L and Levick Ruth M
Bought by
Levick Floyd L and Levick Ruth M
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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Purchase History

Date Buyer Sale Price Title Company
Hayer Maninder $48,500 New Title Company Name
Edens Benjamin Russell -- New Title Company Name
Edens Benjamin Russell $490,000 Fidelity Natl Ttl Co Of Ca
Christensen Judith -- Fidelity Natl Title Co Co
Christensen Gary -- First American Title Company
Christensen Gary $435,000 Financial Title Company
Macdonald Kevin $275,000 Placer Title Co
Mullen Robert F -- --
Mullen Robert F $249,000 Placer Title Company
Levick Floyd L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Edens Benjamin Russell $490,000
Previous Owner Christensen Judith $372,000
Previous Owner Christensen Gary $404,000
Previous Owner Christensen Gary $348,000
Previous Owner Macdonald Kevin $175,000
Previous Owner Mullen Robert F $224,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/14/2022 06/14/22 Sold $48,500 -11.8% $17 / Sq Ft
05/31/2022 05/31/22 Pending -- -- --
04/27/2022 04/27/22 For Sale $55,000 -88.8% $20 / Sq Ft
03/23/2021 03/23/21 Sold $490,000 0.0% $175 / Sq Ft View Prior Sale
01/31/2021 01/31/21 For Sale -- -- --
01/18/2021 01/18/21 For Sale $489,888 0.0% $175 / Sq Ft
01/12/2021 01/12/21 Pending -- -- --
10/19/2020 10/19/20 For Sale $489,888 -- $175 / Sq Ft
10/19/2020 10/19/20 Pending -- -- --
Source: MetroList

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 $568 $51,468 $51,468 --
2024 $568 $50,459 $50,459 --
2023 $557 $49,470 $49,470 $0
2022 $582 $49,250 $27,500 $21,750
2021 $4,481 $420,000 $96,500 $323,500
2020 $4,466 $420,000 $96,500 $323,500
2019 $4,485 $420,000 $96,500 $323,500
2018 $4,439 $420,000 $96,500 $323,500
2017 $4,136 $390,000 $89,500 $300,500
2016 $3,090 $287,500 $66,000 $221,500
2015 $3,079 $287,500 $66,000 $221,500
2014 $3,086 $287,500 $66,000 $221,500
Source: Public Records

Agents Affiliated with this Home

  • Sheena Reithmeier

    Seller's Agent in 2022

    Sheena Reithmeier

    Reithmeier Properties

    (831) 204-0808

    42 Total Sales

    Sheena Reithmeier
    Section Image
  • William Boone

    Seller's Agent in 2021

    William Boone

    eXp Realty of California Inc

    (916) 747-0991

    36 Total Sales

    William Boone
    Section Image

  • L

    Buyer's Agent in 2021

    Leo Arellano

    Realty One Group Complete

    Section Image
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Map

Source: MetroList

MLS Number: 222052059

MetroList

APN: 041-450-010-000

California El Dorado County Somerset 95684

4664 String Canyon Rd, Somerset, CA

Not Listed for Sale

Lots

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