NOT LISTED FOR SALE

79 Cormorant Dr Wallace, CA 95254

Estimated Value: $68,000 - $486,000

0.43 Acre
$422,107 Price per Acre
18,731 Sq Ft Lot

Last Sold March 20, 2017

Last sale price $79,500

Est. 130% increase in value since last sale

Current estimated payment $1,100/month

382 Days on Market

Highlights

  • Waterfront
  • No HOA
  • Views

About This Lot

As of March 2017

OWNER CARRY FINANCING..ONLY LOT LEFT OVERLOOKING WALLACE ESTATES LAKE..OVERSIZE LOT LIKE A LOT AND HALF COMPARED TO REST..OAK TREES..FANCY HOMES ALL AROUND THE LOT..THERE ARE OTHER LOTS BUT NOT WITH THIS VIEW..AFFORDABLE..IMPRESSIVE HOMES UP TO 600k..LOTS OF OAK TREES DOTTED THROUGH THE SUBDIVISION..LOTS OF YOUNG FAMILIES AND RETIRES..NO JUNK TO LOOK AT..COME BE IMPRESSED..YOUR LAST CHANCE TO OWN A GREAT INVESTMENT OR TO BUILD YOUR PALACE..

Last Agent to Sell the Property

Jim Kietzke

Kietzke&Kramer Properties Inc. License #00515350 Listed on: 01/18/2016

Last Buyer's Agent

Jim Barnett

The Monterey Group License #01305914

Property Details

Property Type

  • Land

Lot Details

  • 0.43 Acre Lot
  • Waterfront
  • Possible uses of the property include Single Family
  • Property is zoned R1

Utilities

  • Underground Utilities

Additional Features

  • Property Views

Community Details

  • No Home Owners Association
  • Wallace Lake Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 048-069-018

Property Details

Property Type

Land

Lot Details

0

Listing Details

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

Interior Features

  • Other Equipment: None

Exterior Features

  • Other Structures: None
  • Disclosures/Documents: CC&Rs,Mineral Rights None,Preliminary Title Report,Restaurant Nearby,Shopping Cntr Nearby,See Remarks
  • Frontage Type: Waterfront
  • Listing Price: 79500.00
  • Lot Features: Gutter(s),Lake/River Access,Street Light(s),See Remarks
  • Road Surface Type: Paved
  • View Description: Special
  • Additional Living Units: No

Utilities

  • Utilities: Underground Utilities
  • Water Source: Meter Required,Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Calaveras Unified

Lot Info

  • Zoning: R1
  • Crops: None
  • Current Use: Vacant
  • Development Status: Improvements Complete
  • Number of Lots: 1
  • Zoning Description: Residential
  • Irrigation: See Remarks
  • Lot Size Acres: 0.4300
  • Lot Size Sq Ft: 18731
  • Possible Use: Single Family

Multi Family

  • Income Includes: Other

Tax Info

  • Assessor Parcel Number: 048-069-018
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Calaveras

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2016
Closed on
Mar 16, 2017
Sold by
Heringer Ralph E and Heringer Linda L
Bought by
Lindsay Michael R
Seller's Agent
Jim Kietzke
Kietzke&Kramer Properties Inc.
Buyer's Agent
Jim Barnett
The Monterey Group
List Price
$79,500
Sold Price
$79,500
Current Estimated Value
$182,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,345
Avg. Annual Appreciation
9.82%
Original Mortgage
$63,600
Outstanding Balance
$53,569
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$127,937

Purchase Details

Closed on
Jun 28, 2016
Sold by
Heringer Ralph and Heringer Linda
Bought by
Heringer Ralph E and Heringer Linda L

Purchase Details

Closed on
Sep 3, 2013
Sold by
Reynen Calaveras Lp
Bought by
Heringer Ralph and Heringer Linda

Purchase Details

Closed on
Feb 24, 2006
Sold by
Higuera Charles P and Higuera Shelly L
Bought by
Reynen Calaveras Lp

Purchase Details

Closed on
Oct 4, 2004
Sold by
Sealey Robbin Gerald and Sealey Corrine Elizabeth
Bought by
Higuera Charles P and Higuera Shelly L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,250
Interest Rate
5.77%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 1, 2002
Sold by
Fickenscher Robert F and Fickenscher Mildred E
Bought by
Sealey Robbin Gerald and Sealey Corrine Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.78%
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
Lindsay Michael R $79,500 Placer Title Company
Heringer Ralph E -- None Available
Heringer Ralph $80,000 Placer Title Company
Reynen Calaveras Lp $175,000 First American Title Company
Higuera Charles P $125,000 Alliance Title Company
Sealey Robbin Gerald $63,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lindsay Michael R $63,600
Previous Owner Higuera Charles P $101,250
Previous Owner Sealey Robbin Gerald $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2017 03/20/17 Sold $79,500 0.0% --
02/03/2017 02/03/17 Pending -- -- --
01/18/2016 01/18/16 For Sale $79,500 -- --
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 $1,744 $92,263 $92,263 --
2023 $1,472 $88,681 $88,681 $0
2022 $1,743 $86,943 $86,943 $0
2021 $1,661 $85,239 $85,239 $0
2020 $1,679 $84,365 $84,365 $0
2019 $1,712 $82,711 $82,711 $0
2018 $1,668 $81,090 $81,090 $0
2017 $1,705 $84,498 $84,498 $0
2016 $1,705 $82,842 $82,842 $0
2015 -- $81,598 $81,598 $0
2014 -- $80,000 $80,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 16003029

MetroList

APN: 048-069-018-000