NOT LISTED FOR SALE

56 Willet Ct Wallace, CA 95254

Estimated Value: $495,000 - $558,000

0.32 Acre
$1,614,059 Price per Acre
13,939 Sq Ft Lot

Last Sold May 29, 2013

Last sale price $30,000

Est. 1,575% increase in value since last sale

Current estimated payment $2,917/month

238 Days on Market

Highlights

  • No HOA
  • Views
  • Brush Vegetation

About This Lot

As of May 2013

1/3 Acre vacant Residential Lot located in prestigious gated Community of Wallace Lakes Estates. The lot is ready includes utilities and services are installed with $20,000 connection fee already paid. The lot has been cleared and is ready to build your dream home. This is one of the last available lots in the community. It is located at the end of the cul-de-sac and has fantastic views of the valley and Lake Camanche. Originally priced at $200,000 per lot, this is an excellent opportunity.

Last Agent to Sell the Property

Terry Savage

Terry Sanella Savage, Realty License #00903016 Listed on: 09/04/2012

Last Buyer's Agent

Non-MLS Member

Non-MLS Office

Property Details

Property Type

  • Land

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions: 13939.2
  • Brush Vegetation
  • Possible uses of the property include Single Family

Utilities

  • No Utilities
  • Sewer Not Available

Additional Features

  • Property Views

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 048-087-008

Property Details

Property Type

Land

Lot Details

0

Listing Details

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

Interior Features

  • Other Equipment: None

Exterior Features

  • Other Structures: None
  • Disclosures/Documents: CC&Rs,Other
  • Listing Price: 49500.00
  • Lot Features: Cul-De-Sac,Other
  • Road Frontage: See Remarks
  • Road Surface Type: See Remarks
  • View Description: Special
  • Additional Living Units: No
  • Soil: Other

Utilities

  • Sewer: None
  • Utilities: None
  • Water Source: See Remarks

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Calaveras Unified

Lot Info

  • Zoning: R-1
  • Crops: None
  • Current Use: Vacant
  • Development Status: See Remarks
  • Zoning Description: Residential
  • Irrigation: None
  • Lot Size Acres: 0.3200
  • Lot Dimensions: 13939.2
  • Lot Size Sq Ft: 13939
  • Possible Use: Single Family

Multi Family

  • Income Includes: None

Tax Info

  • Assessor Parcel Number: 048-087-008
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Calaveras

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2012
Closed on
Apr 22, 2013
Sold by
Michael Joseph
Bought by
Reiswig Lowell R and Reiswig Janis Lyn
Seller's Agent
Terry Savage
Terry Sanella Savage, Realty
Buyer's Agent
Non-MLS Member
Non-MLS Office
List Price
$49,500
Sold Price
$30,000
Premium/Discount to List
-$19,500
-39.39%
Current Estimated Value
$502,537

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$472,537
Avg. Annual Appreciation
25.18%

Purchase Details

Closed on
Jul 18, 2011
Sold by
Garcia Keith D
Bought by
Michael Joseph

Purchase Details

Closed on
Dec 10, 2007
Sold by
Garcia Keith D and Arreola Gabriel
Bought by
Garcia Keith D

Purchase Details

Closed on
Mar 1, 2005
Sold by
Garcia Xochil
Bought by
Garcia Keith D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,750
Interest Rate
5.65%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 21, 2003
Sold by
Tobar Michael Joseph and Tobar Pamela Denise
Bought by
Talaugon Joseph A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
5.87%
Mortgage Type
Unknown
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
Reiswig Lowell R $30,000 Placer Title Company
Michael Joseph -- First American Title Company
Garcia Keith D $16,000 None Available
Garcia Keith D -- Alliance Title Company
Garcia Keith D $125,000 Alliance Title Company
Talaugon Joseph A $72,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garcia Keith D $93,750
Previous Owner Talaugon Joseph A $52,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2013 05/29/13 Sold $30,000 -39.4% --
04/30/2013 04/30/13 Pending -- -- --
09/04/2012 09/04/12 For Sale $49,500 -- --
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 $3,687 $277,203 $36,938 $240,265
2023 $3,622 $266,440 $35,504 $230,936
2022 $3,554 $261,216 $34,808 $226,408
2021 $3,313 $256,095 $34,126 $221,969
2020 $3,363 $253,470 $33,777 $219,693
2019 $3,458 $248,501 $33,115 $215,386
2018 $3,330 $243,629 $32,466 $211,163
2017 $3,270 $238,853 $31,830 $207,023
2016 $3,268 $234,170 $31,206 $202,964
2015 -- $230,654 $30,738 $199,916
2014 -- $226,136 $30,136 $196,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 12054384

MetroList

APN: 048-087-008-000