NOT LISTED FOR SALE

7655 Slug Gulch Rd Somerset, CA 95684

Estimated Value: $301,000 - $347,466

2 Beds
2 Baths
1,092 Sq Ft
$289/Sq Ft Est. Value

Last Sold May 08, 2024

Last sale price $300,000 $275 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,020/month

9 Days on Market

Highlights

  • Horses Allowed On Property
  • RV Access or Parking
  • 5.71 Acre Lot
  • Union Mine High School Rated A-
  • View of Trees or Woods
  • Secluded Lot

About This Home

As of May 2024

Welcome to your potential countryside retreat in Somerset, California. Situated on a sprawling 5.71-acre parcel of mostly level land, this property offers ample space and endless possibilities. This cozy home features two bedrooms and two bathrooms, providing a comfortable living space to enjoy the tranquility of the surrounding nature. While the property needs a little bit of work to reach its full potential, the opportunity to create your dream home in this picturesque setting is truly unmatched. Please note that the water heater and heat system are currently unavailable and will require attention. As a result, this property is suitable for cash buyers or those utilizing conventional loans. For more information and to explore further details about this property, be sure to check out hudhomestore online.

Last Agent to Sell the Property

Jill Gardner

Sierra Homes & Properties License #01269840 Listed on: 03/25/2024

Last Buyer's Agent

Allicen Cooper

RE/MAX GOLD License #01866278

RE/MAX GOLD

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,089

Year Built

  • Built in 1999

Lot Details

  • 5.71 Acre Lot
  • Secluded Lot

Parking

  • RV Access or Parking

Home Design

  • Ranch Style House
  • Ranch Property
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,092 Sq Ft Home
  • Great Room
  • Family Room
  • Combination Kitchen and Living
  • Laminate Flooring
  • Views of Woods
  • Tile Countertops
  • Laundry in unit

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • No Cooling
  • No Heating
  • 220 Volts
  • Well
  • Septic System

Community Details

  • No Home Owners Association
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 095-100-059-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,089

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Type: Residential
  • Subtype Description: Ranchette/Country
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: No
  • Year Built: 1999
  • Architectural Style: Ranch
  • ResoPropertyType: Residential
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: See Remarks
  • Flooring: Laminate
  • Total Bathrooms: 2
  • Bathroom Features: Tub w/Shower Over
  • Dining Room Features: Space in Kitchen
  • Kitchen Features: Kitchen/Family Combo, Tile Counter
  • Living Room Features: Great Room
  • Main Level: Bedroom(s), Family Room, Full Bath(s), Kitchen
  • Price Per Square Foot: 274.73
  • Square Footage: 1092.00

Exterior Features

  • Construction Materials: Wood, Wood Siding
  • Foundation: Concrete Perimeter
  • Home Warranty: No
  • Horse Property: Yes
  • Listing Price: 289000.00
  • Lot Features: Secluded, See Remarks
  • New Construction: No
  • Pool: No
  • Roof: Composition
  • Spa: No
  • Topography: Level,Lot Grade VariesLevel,Lot Grade Varies
  • View Description: Woods

Garage/Parking

  • Parking Features: No Garage, RV Possible

Utilities

  • Security: Carbon Mon Detector, Smoke Detector
  • Sewer: Septic System
  • Utilities: Electric
  • Cooling: None
  • Electric: 220 Volts
  • Heating: None
  • Laundry Features: Inside Area
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: El Dorado Union High

Lot Info

  • Horse Amenities: None
  • Zoning Description: Residential
  • Irrigation: None
  • Lot Size Acres: 5.7100
  • Lot Size Sq Ft: 248728.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Type: Net

Multi Family

Tax Info

  • Assessor Parcel Number: 095-100-059-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): El Dorado

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2024
Closed on
May 6, 2024
Sold by
Secretary/Housing & Urban Dev
Bought by
Mejia Oscar and Mejia Sarah
Seller's Agent
Jill Gardner
Sierra Homes & Properties
Buyer's Agent
Allicen Cooper
RE/MAX GOLD
List Price
$289,000
Sold Price
$300,000
Premium/Discount to List
$11,000
3.81%
Total Days on Market
9
Views
24
Current Estimated Value
$315,367

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,367
Avg. Annual Appreciation
4.69%
Original Mortgage
$260,000
Outstanding Balance
$257,487
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$57,880

Purchase Details

Closed on
Feb 23, 2023
Sold by
Pennymac Loan Services Llc
Bought by
Secretary/Housing & Urban Dev

Purchase Details

Closed on
Feb 7, 2023
Sold by
Trustee Corps
Bought by
Pennymac Loan Services Llc

Purchase Details

Listed on
Sep 27, 2016
Closed on
Nov 2, 2016
Sold by
Wood Richard and Wood Sabrina
Bought by
Nichols Morgan E and Nichols Christine A
Seller's Agent
Susan Dilts-Huber
RE/MAX Gold
Buyer's Agent
Victoria Wade
Sierra Homes & Properties
List Price
$245,000
Sold Price
$254,750
Premium/Discount to List
$9,750
3.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.51%
Original Mortgage
$250,135
Interest Rate
3.48%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 26, 2007
Sold by
Wood Richard
Bought by
Wood Richard and Wood Sabrina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.87%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Sep 30, 2005
Sold by
Wood Sabrina A and Wood Richard L
Bought by
Wood Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
7.25%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Feb 7, 2000
Sold by
London Merle L Tr and London Frances L Tr Etal
Bought by
Wood Richard L and Wood Sabrina A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,127
Interest Rate
8.06%
Mortgage Type
VA

Purchase Details

Closed on
Oct 23, 1996
Sold by
Ortega Charles I and Ortega Suzette
Bought by
London Merle L and London Frances L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,000
Interest Rate
8.3%
Mortgage Type
Seller Take Back
Source: Public Records

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Range of Values:

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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
Mejia Oscar $300,000 Placer Title
Secretary/Housing & Urban Dev -- Servicelink
Pennymac Loan Services Llc $295,135 Servicelink
Nichols Morgan E $255,000 North American Title Co Inc
Wood Richard -- Fidelity Natl Title Co Of Ca
Wood Richard -- Old Republic Title Company
Wood Richard L $118,572 Inter County Title Co
London Merle L $37,000 Inter County Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mejia Oscar $260,000
Previous Owner Nichols Morgan E $250,135
Previous Owner Wood Richard $75,000
Previous Owner Wood Richard $248,461
Previous Owner Wood Richard $260,000
Previous Owner Wood Richard $30,000
Previous Owner Wood Richard $195,000
Previous Owner Wood Richard L $129,178
Previous Owner Wood Richard L $11,000
Previous Owner Wood Richard L $122,127
Previous Owner London Merle L $27,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2024 05/08/24 Sold $300,000 +3.8% $275 / Sq Ft
04/03/2024 04/03/24 Pending -- -- --
03/25/2024 03/25/24 For Sale $289,000 +13.4% $265 / Sq Ft
11/03/2016 11/03/16 Sold $254,750 +4.0% $232 / Sq Ft
09/27/2016 09/27/16 Pending -- -- --
09/27/2016 09/27/16 For Sale $245,000 -- $223 / Sq Ft
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
2024 $3,089 $285,600 $112,200 $173,400
2023 $5,406 $284,118 $105,972 $178,146
2022 $5,350 $278,548 $103,895 $174,653
2021 $5,307 $273,087 $101,858 $171,229
2020 $5,269 $270,288 $100,814 $169,474
2019 $5,223 $264,989 $98,838 $166,151
2018 $2,748 $259,794 $96,900 $162,894
2017 $2,699 $254,700 $95,000 $159,700
2016 $1,667 $153,923 $51,923 $102,000
2015 $1,611 $151,613 $51,144 $100,469
2014 $1,611 $148,646 $50,144 $98,502
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 224028922

MetroList

APN: 095-100-059-000