NOT LISTED FOR SALE

5595 Chestnut Rd Olivehurst, CA 95961

Estimated Value: $268,764

2.01 Acres
$133,713 Price per Acre
87,556 Sq Ft Lot

Last Sold December 20, 2021

Last sale price $260,000

Est. 3% increase in value since last sale

Current estimated payment $1,739/month

94 Days on Market

About This Lot

As of December 2021

Light Industrial Zoning (IL) per Yuba County. Property is a slightly irregular rectangle with a little over +/-300 feet of street frontage. Owner errects steel buildings and may be willing to build or be hired to build.

Last Agent to Sell the Property

Greg Quilty

Coldwell Banker Commercial - Valley Brokers License #01485096 Listed on: 06/29/2021

Coldwell Banker Commercial - Valley Brokers

Last Buyer's Agent

Greg Quilty

Coldwell Banker Commercial - Valley Brokers License #01485096 Listed on: 06/29/2021

Coldwell Banker Commercial - Valley Brokers

Property Details

Property Type

Land

Est. Annual Taxes

$3,429

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Commercial Acreage
  • Primary Residence: None
  • Directions: South on Hwy 70 from Marysville. Exit Erle Road to the west (right) and make first right on to Chestnut. Property on left side.
  • Horses: No
  • Lot Size: 320 OF STREET FRONTAGE
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Special Features: None

Interior Features

  • Other Equipment: None
  • Possible Use: Commercial, Industrial

Exterior Features

  • View: None
  • Additional Living Units: No
  • Soil: Gravel
  • Disclosures: None
  • Fencing: Chain Link, Full
  • Lot Features: Security Gate, Shape Regular
  • Other Structures: None

Utilities

  • Electric: Electric Available
  • Sewer: None
  • Utilities: Water Available
  • Water Source: Private Well

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Marysville Joint

Lot Info

  • Crops: None
  • Current Use: Commercial, Industrial
  • Development Status: Raw Land
  • Lot Size Sq Ft: 87556.00
  • Zoning: IL
  • Zoning Description: Commercial,Industrial,Split Possible,Manufacturing

Tax Info

  • Bonds/Assessments/Taxes: Unknown

Multi Family

  • Income Includes: None

MLS Schools

  • School District (County): Yuba

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2021
Closed on
Dec 16, 2021
Sold by
Nor Cal Steel Buildings Llc
Bought by
Jeht Properties Llc
Seller's Agent
Greg Quilty
Coldwell Banker Commercial - Valley Brokers
Buyer's Agent
Greg Quilty
Coldwell Banker Commercial - Valley Brokers
List Price
$299,999
Sold Price
$260,000
Premium/Discount to List
-$39,999
-13.33%
Current Estimated Value
$268,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,764
Avg. Annual Appreciation
1.00%
Original Mortgage
$130,000
Outstanding Balance
$119,964
Interest Rate
3.05%
Mortgage Type
Small Business Administration
Estimated Equity
$149,817

Purchase Details

Listed on
Jun 1, 2015
Closed on
Dec 26, 2017
Sold by
Lucatero Julio C
Bought by
J C Steel Inc
Seller's Agent
Antonio Rubio
Better Homes Realty
Buyer's Agent
Erik Tejeda
Better Homes Realty
List Price
$229,000
Sold Price
$170,000
Premium/Discount to List
-$59,000
-25.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.27%
Original Mortgage
$100,000
Interest Rate
3.95%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 23, 2015
Sold by
Parker James R
Bought by
Lucatero Julio C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
3.66%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 13, 2004
Sold by
Newton Gail
Bought by
Parker James R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.72%
Mortgage Type
Seller Take Back
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
Jeht Properties Llc $260,000 Placer Title Company
J C Steel Inc $170,000 First American Title Co
Lucatero Julio C -- First American Title Co
Lucatero Julio C $130,000 First American Title Company
Parker James R $90,000 Placer Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open California Statewide Certified Dev Corp $130,000
Closed Jeht Properties Llc $96,000
Closed Jeht Properties Llc $91,000
Closed Jeht Properties Llc $130,000
Previous Owner J C Steel Inc $100,000
Previous Owner Lucatero Julio C $50,000
Previous Owner Parker James R $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/01/2022 01/01/22 Off Market $260,000 -- --
12/20/2021 12/20/21 Sold $260,000 -13.3% --
10/01/2021 10/01/21 Pending -- -- --
06/29/2021 06/29/21 For Sale $299,999 +76.5% --
12/28/2017 12/28/17 Sold $170,000 -25.8% --
12/16/2017 12/16/17 Pending -- -- --
06/01/2015 06/01/15 For Sale $229,000 -- --
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 $3,429 $275,914 $275,914 --
2023 $3,429 $265,200 $265,200 $0
2022 $3,330 $260,000 $260,000 $0
2021 $2,417 $178,700 $178,700 $0
2020 $2,400 $176,868 $176,868 $0
2019 $2,352 $173,400 $173,400 $0
2018 $2,222 $170,000 $170,000 $0
2017 $1,801 $134,621 $134,621 $0
2016 $1,792 $131,982 $131,982 $0
2015 $1,470 $104,372 $99,739 $4,633
2014 $1,453 $102,329 $97,786 $4,543
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 221076843

MetroList

APN: 021-351-005-000