$520,000
SOLD NOV 17, 2025

5387 Olive Ranch Rd Granite Bay, CA 95746

3 Beds
2 Baths
1,032 Sq Ft
9,579 Sq Ft Lot

Recently Sold

$504 Per Sq Ft

10% Below List Price

29 Days on Market

Highlights

  • RV Access or Parking
  • Private Lot
  • Garden View
  • Greenhills Elementary School Rated A
  • Engineered Wood Flooring
  • Great Room

About This Home

As of November 2025

Granite Bay Charmer! Perfect starter home in the heart of prestigious Granite Bay. OUTSTANDING school district. Close to retail stores, restaurants, Folsom Lake State Park. Ranch style home has undeniable appeal and situated on almost 1/4 acre lot. You'll have plenty room to build a pool, add square footage or add an ADU for additional income. The price point is a rarity for this zip code. You don't want to miss out on this unique opportunity to own a home in Granite Bay - one of the best investments you'll ever make.

Last Agent to Sell the Property

Spencer Grimenstein

Village Financial Group License #01129444 Listed on: 10/07/2025

Last Buyer's Agent

Meredith Santos

eXp Realty of Northern California, Inc. License #02031650

eXp Realty of Northern California, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1962 | Remodeled

Lot Details

  • 9,579 Sq Ft Lot
  • South Facing Home
  • Wood Fence
  • Back Yard Fenced
  • Private Lot
  • Property is zoned RS-AG-B-40

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Uncovered Parking
  • RV Access or Parking

Home Design

  • Concrete Foundation
  • Slab Foundation
  • Ceiling Insulation
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 1,032 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Brick Fireplace
  • Double Pane Windows
  • Great Room
  • Living Room
  • Dining Room
  • Garden Views

Kitchen

  • Breakfast Area or Nook
  • Free-Standing Gas Range
  • Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Engineered Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub
  • Separate Shower

Laundry

  • Laundry in Garage
  • Dryer
  • Washer
  • 220 Volts In Laundry

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Shed

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Property is located within a water district
  • Gas Water Heater
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 046-140-017-000

Home Details

Home Type

Single Family

Year Built

Built in 1962 | Remodeled

Lot Details

9,579 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Subtype Description: Detached
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: Yes
  • Stories: 1
  • Year Built: 1962
  • Architectural Style: Ranch
  • Remodeled/Updated Desc: Bath 0-5YR, Kitchen 0-5YR, Bed 0-5YR
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Free Standing Gas Range, Free Standing Refrigerator, Dishwasher, Microwave
  • Fireplace Features: Brick, Living Room, Wood Burning
  • Fireplaces: 1
  • Flooring: Simulated Wood, Laminate, Vinyl
  • Total Bathrooms: 2
  • Bathroom Features: Shower Stall(s), Tub
  • Dining Room Features: Breakfast Nook, Space in Kitchen
  • Kitchen Features: Laminate Counter
  • Living Room Features: Great Room, View
  • Main Level: Bedroom(s), Living Room, Dining Room, Master Bedroom, Full Bath(s), Kitchen
  • Price Per Square Foot: 503.88
  • Square Footage: 1032.00
  • Window Features: Dual Pane Full

Exterior Features

  • Other Structures: Shed(s), Storage
  • Construction Materials: Plaster, Ceiling Insulation, Concrete
  • Property Faces: South
  • Fencing: Back Yard, Wood
  • Foundation: Concrete, Slab
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 549500.00
  • Lot Features: Private, Shape Regular
  • New Construction: No
  • Pool: No
  • Road Surface Type: Asphalt, Paved
  • Roof: Shingle, Composition, See Remarks
  • Spa: No
  • Topography: Level,Level
  • View Description: Garden/Greenbelt

Garage/Parking

  • Garage Spaces: 2.00
  • Parking Features: Private, Attached, RV Access, RV Storage, Garage Facing Front, Uncovered Parking Space

Utilities

  • Security: Carbon Mon Detector, Double Strapped Water Heater, Smoke Detector
  • Sewer: Septic Connected
  • Utilities: Public, Electric, Natural Gas Connected
  • Cooling: Central
  • Electric: 220 Volts in Laundry
  • Heating: Central, Gas
  • Laundry Features: Dryer Included, Washer Included, In Garage
  • Water Source: Water District, Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Roseville Joint

Lot Info

  • Zoning: RS-AG-B-40
  • Irrigation: Meter on Site
  • Lot Size Acres: 0.2199
  • Lot Size Sq Ft: 9579.00

Multi Family

Tax Info

  • Assessor Parcel Number: 046-140-017-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Placer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2025
Closed on
Nov 12, 2025
Sold by
Lobo Ronald Scott and Auteri Joyce Nina
Bought by
Wallen Casey and Wallen Christina
Seller's Agent
Spencer Grimenstein
Village Financial Group
Buyer's Agent
Meredith Santos
eXp Realty of Northern California, Inc.
List Price
$579,000
Sold Price
$520,000
Premium/Discount to List
-$59,000
-10.19%
Views
250
Current Estimated Value
$539,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,637
Avg. Annual Appreciation
11.17%
Original Mortgage
$445,000
Interest Rate
6.58%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 7, 2025
Closed on
Sep 19, 2025
Sold by
Lobo Ronald S
Bought by
Lobo Ronald Scott and Auteri Joyce Nina
Seller's Agent
Spencer Grimenstein
Village Financial Group
Buyer's Agent
Meredith Santos
eXp Realty of Northern California, Inc.
List Price
$579,000
Sold Price
$520,000
Premium/Discount to List
-$59,000
-10.19%
Views
250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$445,000
Interest Rate
6.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 28, 2000
Sold by
Provost Frank J and Provost Monica L
Bought by
Lobo Ronald S and Lobo Sharon K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,250
Interest Rate
7.86%

Purchase Details

Closed on
Oct 9, 1997
Sold by
Masters Cathleen M
Bought by
Provost Frank J and Provost Monica L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,759
Interest Rate
7.49%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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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 Type Sale Price Title Company
Grant Deed $520,000 Fidelity National Title
Grant Deed -- Mid Valley Title
Grant Deed $215,000 Old Republic Title Company
Grant Deed $121,500 Sierra Valley Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $445,000 New Conventional
Previous Owner $204,250 No Value Available
Previous Owner $119,759 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/17/2025 11/17/25 Sold $520,000 -5.4% $504 / Sq Ft
11/05/2025 11/05/25 Pending -- -- --
10/27/2025 10/27/25 Price Changed $549,500 -4.0% $532 / Sq Ft
10/20/2025 10/20/25 Price Changed $572,500 -1.1% $555 / Sq Ft
10/07/2025 10/07/25 For Sale $579,000 -- $561 / Sq Ft
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 $3,408 $323,949 $120,536 $203,413
2023 $3,408 $311,371 $115,856 $195,515
2022 $3,346 $305,267 $113,585 $191,682
2021 $3,280 $299,282 $111,358 $187,924
2020 $3,270 $296,215 $110,217 $185,998
2019 $3,260 $290,407 $108,056 $182,351
2018 $3,142 $284,714 $105,938 $178,776
2017 $3,159 $279,132 $103,861 $175,271
2016 $3,085 $273,660 $101,825 $171,835
2015 $3,021 $269,550 $100,296 $169,254
2014 $2,974 $264,271 $98,332 $165,939
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 225129972

MetroList

APN: 046-140-017

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