NOT LISTED FOR SALE

5970 Timber Ridge Dr Magalia, CA 95954

Magalia Neighborhood

Estimated Value: $432,000 - $482,000

3 Beds
2 Baths
1,922 Sq Ft
$237/Sq Ft Est. Value

Last Sold October 07, 2022

Last sale price $420,000 $219 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,903/month

149 Days on Market

Highlights

  • Fishing
  • 3.14 Acre Lot
  • Deck
  • View of Trees or Woods
  • Fireplace in Kitchen
  • Wood Burning Stove

About This Home

As of October 2022

Gorgeous custom home on one of the most beautiful streets in Magalia! This single owner, 3 bedroom/2 bath home is 1943 square feet and sits on 3+ acres. Designed by noted Chico architect Lenn Goldmann, this unique 2 story home features 10 foot ceilings, unique soffits in kitchen and dining room, handsome display areas, built in book shelves and cabinetry, attractive bullnose corners throughout, and many other custom features. View the beautiful surroundings through French doors in living, dining room, and master bedroom. Living room features a soaring cathedral ceiling while a wood stove on raised hearth makes a warm focal point for this comfortable yet dynamic space. In the dining room, with its beautiful views onto the woods, a raised fireplace and mantel make a unique statement. A handsome covered walkway joins the pantry, laundry and mud room to the large 2 car garage. A 2 minute walk from a greenbelt with a year round creek, and a 10 minute walk to the edge of magnificent Butte Creek Canyon, the lot provides distance from neighbors, privacy and quiet. The trees are a majestic and healthy mixed growth of mature Ponderosas, oaks, cedars, Douglas firs, and rare mature sugar pines. For more than 30 years, the acreage has been carefully tended and thinned by professionals for maximum growth, tree health, beauty and safety. Recent upgrades include brand new deck off the master bedrooms, new roof in 2019, new septic and leach line in 2020, and spacious, circular poured concrete driveway, 2016. Also, refrigerator, propane powered cooktop, dish washer, water heater, washer and dryer have all been upgraded within the last five years. On Del Oro water- plus free access to PGE flume water crossing the lot included in the deed!

Last Agent to Sell the Property

Heather Cooper

Willow & Birch Realty, Inc License #01843577 Listed on: 04/22/2022

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,583

Year Built

  • Built in 1993

Lot Details

  • 3.14 Acre Lot
  • Density is 2-5 Units/Acre
  • Property is zoned ARMH3

Parking

  • 2 Car Garage

Home Design

  • Composition Roof

Interior Spaces

  • 1,922 Sq Ft Home
  • Built-In Features
  • Cathedral Ceiling
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Storage
  • Laundry Room
  • Views of Woods

Kitchen

  • Walk-In Pantry
  • Gas Cooktop
  • <<microwave>>
  • Kitchen Island
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 2 Full Bathrooms
  • <<tubWithShowerToken>>

Outdoor Features

  • Deck
  • Patio
  • Front Porch

Utilities

  • Forced Air Heating and Cooling System
  • Water Heater
  • Conventional Septic

Listing and Financial Details

  • Assessor Parcel Number 064770026000

Community Details

Overview

  • No Home Owners Association
  • Foothills

Recreation

  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,583

Year Built

Built in 1993

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: ARMH3
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 064770026000
  • Year Built: 1993
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1922.00 Square Feet
  • Interior Amenities: Built-in Features, Cathedral Ceiling(s), Pantry, Storage
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Kitchen, Living Room, Wood Burning
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 218.52
  • Room Type: Main Floor Bedroom
  • Bathroom Features: Shower In Tub
  • Room Kitchen Features: Kitchen Island, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • View: Trees/Woods
  • Patio And Porch Features: Deck, Front Porch
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop, Microwave, Refrigerator, Water Heater
  • Heating Type: Fireplace(s), Forced Air, Wood Stove
  • Laundry Features: Inside
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Fishing, Foothills

Schools

  • School District: Paradise Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 136778.00
  • Lot Size Acres: 3.1400

Multi Family

  • Lease Considered: No
  • Lot Size Area: 136778.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 17.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2022
Closed on
Oct 4, 2022
Sold by
Snidow Family Trust
Bought by
Watson James
Seller's Agent
Heather Cooper
Willow & Birch Realty, Inc
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$499,000
Sold Price
$420,000
Premium/Discount to List
-$79,000
-15.83%
Views
22
Current Estimated Value
$455,226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,226
Avg. Annual Appreciation
1.72%
Source: Public Records

Range of Values:

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Average Value
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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
Watson James $420,000 Bidwell Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Snidow Neal W $176,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2022 10/07/22 Sold $420,000 -6.6% $219 / Sq Ft
09/18/2022 09/18/22 Pending -- -- --
08/29/2022 08/29/22 Price Changed $449,900 -3.4% $234 / Sq Ft
07/23/2022 07/23/22 Price Changed $465,900 -2.7% $242 / Sq Ft
06/23/2022 06/23/22 Price Changed $479,000 -2.0% $249 / Sq Ft
05/13/2022 05/13/22 Price Changed $489,000 -2.0% $254 / Sq Ft
04/22/2022 04/22/22 For Sale $499,000 -- $260 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
2024 $4,583 $428,400 $137,700 $290,700
2023 $4,581 $420,000 $135,000 $285,000
2022 $3,226 $302,180 $82,770 $219,410
2021 $3,155 $296,256 $81,148 $215,108
2020 $2,997 $293,219 $80,316 $212,903
2019 $2,936 $287,471 $78,742 $208,729
2018 $2,878 $281,836 $77,199 $204,637
2017 $2,833 $276,311 $75,686 $200,625
2016 $2,709 $270,894 $74,202 $196,692
2015 $2,667 $266,826 $73,088 $193,738
2014 $2,614 $261,600 $71,657 $189,943
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN22082275

California Regional Multiple Listing Service (CRMLS)

APN: 064-770-026-000