NOT LISTED FOR SALE

5487 Olive Ranch Rd Granite Bay, CA 95746

Estimated Value: $729,000 - $872,681

3 Beds
1 Bath
1,406 Sq Ft
$576/Sq Ft Est. Value

Sale Details

Date Sold: December 6, 2024

Last sale price $845,000 $601 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $4,421 / mo

5 Days on Market

Highlights

  • Horses Allowed On Property
  • RV Access or Parking
  • 1.3 Acre Lot
  • Greenhills Elementary School Rated A
  • Solar Power System
  • Ranch Style House

About This Home

As of December 2024

Amazing Location! Endless Possibilities! Charming home located in the heart of Granite Bay. First-time on the market, the original owners have lovingly cared for this property since day-one! Property and home have a country feel and yet are close to shopping, Folsom Lake trails & amenities, and fabulous dining and entertainment. Home is also convenient to freeways and the highly rated schools in the Eureka School District, including Granite Bay High School. Buyers are sure to fall in love with this charming rancher. Home has newer HVAC system, newer windows, newer roof, newer granite counters in the kitchen and TWO solar systems. The 1.3 acre lot is zoned residential-agriculture and offers ample room for ADU/guesthouse, barn, RV, boat and all your other toys! This property has much to offer...see it today!

Last Agent to Sell the Property

Rick Lambdin

Coldwell Banker Realty License #01468874 Listed on: 04/11/2024

Coldwell Banker Realty

Last Buyer's Agent

Jacquelin Jones

Clear-Choice Realty and Associates License #01348665

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1958 | Remodeled

Lot Details

  • 1.3 Acre Lot
  • South Facing Home
  • Partially Fenced Property
  • Wood Fence
  • Aluminum or Metal Fence
  • Corner Lot
  • Sprinklers on Timer
  • Property is zoned RS-AG-B-40

Parking

  • 2 Car Detached Garage
  • 2 Open Parking Spaces
  • 1 Carport Space
  • Workshop in Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway
  • RV Access or Parking

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Ranch Property
  • Raised Foundation
  • Tile Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,406 Sq Ft Home
  • Ceiling Fan
  • Double Pane Windows
  • Living Room
  • Formal Dining Room
  • Workshop
  • Sun or Florida Room

Kitchen

  • Built-In Electric Oven
  • Electric Cooktop
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Linoleum
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Tile Bathroom Countertop
  • Bathtub with Shower
  • Window or Skylight in Bathroom

Laundry

  • Laundry in Garage
  • Laundry Cabinets
  • 220 Volts In Laundry

Home Security

  • Video Cameras
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Solar Power System
  • Solar owned by a third party

Outdoor Features

  • Covered Patio or Porch
  • Shed
  • Outbuilding

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • 220 Volts in Kitchen
  • Natural Gas Connected
  • Property is located within a water district
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Additional Features

  • Grab Bars
  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 046-131-032-000

Home Details

Home Type

Single Family

Year Built

Built in 1958 | Remodeled

Lot Details

1.3 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Subtype Description: Ranchette/Country, Detached
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: Yes
  • Year Built: 1958
  • Accessibility Features: Grab Bars
  • Architectural Style: Ranch, Traditional
  • Levels: One
  • Remodeled/Updated Desc: Kitchen 0-5YR, Bath 6-10YR, Other-Rmks 6-10YR
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Built-In Electric Oven, Dishwasher, Disposal, Plumbed For Ice Maker, Electric Cook Top
  • Flooring: Carpet, Linoleum, Tile
  • Master Bedroom Features: Ground Floor
  • Total Bathrooms: 1
  • Bathroom Features: Tile, Tub w/Shower Over, Window
  • Dining Room Features: Space in Kitchen, Formal Area
  • Kitchen Features: Granite Counter, Slab Counter, Island w/Sink
  • Living Room Features: Other
  • Room Type: Master Bedroom, Dining Room, Sun Room, Kitchen, Workshop, Living Room
  • Main Level: Bedroom(s), Living Room, Dining Room, Master Bedroom, Full Bath(s), Garage, Kitchen, Street Entrance
  • Price Per Square Foot: 601.00
  • Square Footage: 1406.00
  • Window Features: Dual Pane Full

Exterior Features

  • Other Structures: Shed(s), Storage, Outbuilding
  • Construction Materials: Stucco, Wood
  • Property Faces: South
  • Disclosures/Documents: Roof Inspection, Environmental Hazards Report, Home Inspection Report, Preliminary Title Report
  • Fencing: Metal, Partial, Wood
  • Foundation: Raised
  • Home Warranty: No
  • Horse Property: Yes
  • Listing Price: 774900.00
  • Lot Features: Auto Sprinkler F&R, Corner, Shape Regular, See Remarks
  • New Construction: No
  • Patio And Porch Features: Front Porch, Covered Patio
  • Pool: No
  • Property Condition: Updated/Remodeled, Original
  • Road Surface Type: Paved
  • Roof: Composition, Tile
  • Spa: No
  • Topography: Level,Trees Few,Rock Outcropping,Level,Trees Few,Rock Outcropping
  • Land Use: Agricultural, Residential, See Remarks

Garage/Parking

  • Carport Spaces: 1.00
  • Garage Spaces: 2.00
  • Parking Features: RV Access, Covered, RV Possible, Detached, Garage Door Opener, Garage Facing Front, Uncovered Parking Spaces 2+, Workshop in Garage
  • Driveway/Sidewalks: Paved Driveway

Utilities

  • Security: Carbon Mon Detector, Smoke Detector, Video System
  • Sewer: Public Sewer
  • Utilities: Cable Available, Dish Antenna, Public, Solar, Internet Available, Natural Gas Connected
  • Cooling: Ceiling Fan(s), Central, See Remarks
  • Electric: 220 Volts in Kitchen, 220 Volts in Laundry, See Remarks, Photovoltaics Third-Party Owned
  • Heating: Central, Natural Gas
  • Laundry Features: Cabinets, Electric, In Garage, Inside Area, Other
  • Water Source: Water District, Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Yes
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Placer Union High

Lot Info

  • Horse Amenities: None, Other
  • Zoning: RS-AG-B-40
  • Irrigation: None
  • Lot Size Acres: 1.3000
  • Lot Size Sq Ft: 56628.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Type: Net

Multi Family

Tax Info

  • Assessor Parcel Number: 046-131-032-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Placer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2024
Closed on
Dec 4, 2024
Sold by
Presti Family Trust and Presti Charlene A
Bought by
Bushing Family Trust
Seller's Agent
Rick Lambdin
Coldwell Banker Realty
Buyer's Agent
Jacquelin Jones
Clear-Choice Realty and Associates
List Price
$774,900
Sold Price
$845,000
Premium/Discount to List
$70,100
9.05%
Views
66
Current Estimated Value
$809,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$35,330
Avg. Annual Appreciation
-3.07%

Purchase Details

Closed on
Jul 3, 2024
Sold by
Pete J Presti Family Trust and Martz Sonja
Bought by
Presti Family Trust and Presti
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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 Buyer Sale Price Title Company
Bushing Family Trust $845,000 Stewart Title Of California
Presti Family Trust -- None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/06/2024 12/06/24 Sold $845,000 0.0% $601 / Sq Ft
11/01/2024 11/01/24 Off Market $845,000 -- --
04/16/2024 04/16/24 Pending -- -- --
04/11/2024 04/11/24 For Sale $774,900 -- $551 / 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 $1,483 $845,000 $300,000 $545,000
2023 $1,483 $68,423 $20,838 $47,585
2022 $1,462 $67,082 $20,430 $46,652
2021 $1,445 $65,768 $20,030 $45,738
2020 $1,440 $65,095 $19,825 $45,270
2019 $1,410 $63,820 $19,437 $44,383
2018 $1,359 $62,569 $19,056 $43,513
2017 $1,359 $61,343 $18,683 $42,660
2016 $1,340 $60,141 $18,317 $41,824
2015 $1,324 $59,238 $18,042 $41,196
2014 $1,311 $58,079 $17,689 $40,390
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 224035207

MetroList

APN: 046-131-032

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