NOT LISTED FOR SALE

506 Redbud Way Nevada City, CA 95959

Estimated Value: $417,477 - $596,000

2 Beds
2 Baths
1,191 Sq Ft
$112/mo HOA Fee

Last Sold November 06, 2023

Last sale price $425,000 $357 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,014/month

69 Days on Market

Highlights

  • Private Pool
  • Solar Power System
  • Property is near a clubhouse
  • Seven Hills Intermediate School Rated A-
  • Clubhouse
  • Great Room

About This Home

As of November 2023

Introducing a charming Nevada City Cohousing residence, drenched in sunlight and positioned at the heart of the community. Relish your covered front porch, ideal for unwinding and mingling with neighbors, all while observing the community's daily rhythm. Boasting 2 bedrooms, 2 baths, an office, and a private backyard - all conveniently close to historic downtown Nevada City. HOA fees cover utilities, internet, exterior maintenance, and more. Enjoy amenities like a pool, jacuzzi, spacious meeting room, commercial kitchen, and serene walking paths. Embrace a secure and vibrant environment for raising a family or retirement!

Last Agent to Sell the Property

Erin Sorani

RE/MAX Gold License #01966470 Listed on: 08/18/2023

RE/MAX Gold

Last Buyer's Agent

Rebecca Mooers

RE/MAX Gold License #02025755

RE/MAX Gold

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,481

Year Built

  • Built in 2005 | Remodeled

Lot Details

  • 1,307

HOA Fees

  • $112 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Assigned Parking

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,191 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Great Room
  • Laminate Flooring

Kitchen

  • Built-In Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Pool

  • Private Pool
  • Spa
  • Poolside Lot

Outdoor Features

  • Uncovered Courtyard
  • Patio
  • Front Porch

Utilities

  • No Cooling
  • Central Heating

Additional Features

  • Solar Power System
  • Landscaped
  • Property is near a clubhouse

Listing and Financial Details

  • Assessor Parcel Number 005-550-033-000

Community Details

Overview

  • Association fees include maintenanceexterior, ground maintenance
  • Broad St. Commons Subdivision
  • Mandatory home owners association

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Community Pool

Security

  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,481

Year Built

Built in 2005 | Remodeled

Lot Details

0

HOA Fees

$112 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Subtype Description: Attached,Planned Unit Develop,Live/Work
  • Property Subtype 1: Condominium
  • Remodeled Updated: Yes
  • Stories: 2
  • Year Built: 2005
  • Architectural Style: Other
  • Levels: Two
  • Subdivision: Broad St. Commons
  • Remodeled/Updated Desc: Other-Rmks 0-5YR
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Free Standing Refrigerator, Built-In Gas Range, Dishwasher
  • Flooring: Laminate
  • Total Bathrooms: 2
  • Bathroom Features: Low-Flow Toilet(s),Tub w/Shower Over,Window
  • Dining Room Features: Dining/Family Combo,Dining/Living Combo
  • Kitchen Features: Pantry Closet,Kitchen/Family Combo
  • Living Room Features: Great Room
  • Lower Level: Living Room,Family Room,Full Bath(s),Kitchen,Street Entrance
  • Main Level: Dining Room,Family Room,Full Bath(s),Kitchen,Street Entrance
  • Price Per Square Foot: 356.84
  • Square Footage: 1191.00
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Wood
  • Disclosures/Documents: TDS Available
  • Exterior Features: Uncovered Courtyard
  • Foundation: Slab
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 430000.00
  • Lot Features: Close to Clubhouse, Landscape Back, Landscape Front, Low Maintenance
  • Patio And Porch Features: Front Porch, Uncovered Patio
  • Pool Features: On Lot
  • Pool: Yes
  • Road Surface Type: Paved
  • Roof: Composition
  • Spa Features: Spa/Hot Tub Built-In
  • Spa: Yes
  • Topography: Level

Garage/Parking

  • Garage Spaces: 1.00
  • Parking Features: Assigned, Detached, Size Limited
  • Driveway/Sidewalks: Paved Sidewalk,Paved Driveway

Utilities

  • Security: Carbon Mon Detector
  • Sewer: Public Sewer
  • Utilities: Solar, Natural Gas Available, Natural Gas Connected
  • Cooling: None
  • Electric: Other
  • Heating: Central
  • Laundry Features: See Remarks, Other
  • Water Source: Public

Condo/Co-op/Association

  • Association Features: Barbeque, Pool, Clubhouse
  • Association Fee: 1345
  • Association Fee Frequency: Annually
  • Association Fee Includes: MaintenanceExterior, MaintenanceGrounds, Other
  • Association: Yes
  • Senior Community: No
  • Location of Unit: Ground Floor,Lower Level
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Mandatory Association: Yes

Schools

  • Senior High School District: Nevada Joint Union

Lot Info

  • Zoning Description: R-1
  • Irrigation: None
  • Lot Size Acres: 0.0300
  • Lot Size Sq Ft: 1307.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Assessor Parcel Number: 005-550-033-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Nevada

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 21, 2025
Sold by
Rivers Allison L and Rivers Samson Family Trust
Bought by
Allison L Rivers Trust and Rivers
Current Estimated Value
$480,869

Purchase Details

Listed on
Aug 18, 2023
Closed on
Nov 6, 2023
Sold by
Alexa Hauser and Alexa Terrence Duane
Bought by
Samson David and Samson David
Seller's Agent
Erin Sorani
RE/MAX Gold
Buyer's Agent
Rebecca Mooers
RE/MAX Gold
List Price
$460,000
Sold Price
$425,000
Premium/Discount to List
-$35,000
-7.61%
Views
108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.44%
Original Mortgage
$225,000
Interest Rate
6.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 2, 2023
Sold by
Alexa Hauser and Alexa Terrence Duane
Bought by
Alexa Hauser And Terrence Duane Lamb Revocabl and Hauser

Purchase Details

Closed on
Jun 27, 2016
Sold by
Fabersunne Mikos Scherck and Goodwin Ellen A
Bought by
The Alexa Hauser & Terrence Duane Lamb R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,200
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 10, 2013
Closed on
Dec 17, 2013
Sold by
Gerhardt John F and Newman Janet E
Bought by
Fabersunne Mikos Scherck and Levy Ellen A
Seller's Agent
Mimi Simmons
Century 21 Cornerstone Realty
Buyer's Agent
Maria E. Campos
Realty World First Class
List Price
$359,000
Sold Price
$351,000
Premium/Discount to List
-$8,000
-2.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.69%
Original Mortgage
$263,250
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 10, 2013
Closed on
Dec 13, 2013
Sold by
Levy Martin
Bought by
Levy Ellen A
Seller's Agent
Mimi Simmons
Century 21 Cornerstone Realty
Buyer's Agent
Maria E. Campos
Realty World First Class
List Price
$359,000
Sold Price
$351,000
Premium/Discount to List
-$8,000
-2.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,250
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 11, 2012
Sold by
Turoff Bernice
Bought by
Gerhardt John F and Newman Janet E

Purchase Details

Closed on
Nov 12, 2007
Sold by
Smith Bren and Mcnamara Charlene
Bought by
Turoff Bernice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 9, 2006
Sold by
Broad Street Developments Llc
Bought by
Smith Bren and Mcnamara Charlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,700
Interest Rate
6.18%
Mortgage Type
Fannie Mae Freddie Mac
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
Allison L Rivers Trust -- None Listed On Document
Samson David $425,000 Placer Title
Alexa Hauser And Terrence Duane Lamb Revocabl -- None Listed On Document
The Alexa Hauser & Terrence Duane Lamb R $369,000 Placer Title Company
Fabersunne Mikos Scherck $351,000 Placer Title Company
Levy Ellen A -- Placer Title Company
Gerhardt John F $350,000 Placer Title Company
Turoff Bernice $450,000 United General Title Ins Co
Smith Bren $333,000 California Land Title Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Samson David $225,000
Previous Owner The Alexa Hauser & Terrence Duane Lamb R $295,200
Previous Owner Fabersunne Mikos Scherck $263,250
Previous Owner Turoff Bernice $337,500
Previous Owner Smith Bren $227,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/06/2023 11/06/23 Sold $425,000 -1.2% $357 / Sq Ft
10/26/2023 10/26/23 Pending -- -- --
09/20/2023 09/20/23 Price Changed $430,000 -6.5% $361 / Sq Ft
08/18/2023 08/18/23 For Sale $460,000 +31.1% $386 / Sq Ft
12/20/2013 12/20/13 Sold $351,000 -2.2% $293 / Sq Ft View Prior Sale
11/21/2013 11/21/13 Pending -- -- --
10/10/2013 10/10/13 For Sale $359,000 -- $299 / Sq Ft
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 $4,481 $433,500 $153,000 $280,500
2024 $4,273 $425,000 $150,000 $275,000
2023 $4,273 $411,622 $167,326 $244,296
2022 $4,185 $403,552 $164,046 $239,506
2021 $4,073 $395,640 $160,830 $234,810
2020 $4,066 $391,584 $159,181 $232,403
2019 $3,983 $383,907 $156,060 $227,847
2018 $0 $376,380 $153,000 $223,380
2017 $3,903 $369,000 $150,000 $219,000
2016 $3,705 $363,471 $129,441 $234,030
2015 $3,653 $358,012 $127,497 $230,515
2014 -- $351,000 $125,000 $226,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 223079226

MetroList

APN: 005-550-033-000