NOT LISTED FOR SALE

8720 Ridge Rd Newcastle, CA 95658

Estimated Value: $776,000 - $1,070,000

3 Beds
2 Baths
1,942 Sq Ft
$484/Sq Ft Est. Value

Last Sold June 02, 2023

Last sale price $865,000 $445 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $5,747/month

15 Days on Market

Highlights

  • Guest House
  • In Ground Pool
  • Deck
  • Del Oro High School Rated A
  • RV Garage
  • Wood Flooring

About This Home

As of June 2023

Welcome to country life minutes from 1-80. A wonderful opportunity to own two homes in Newcastle on a beautiful 1-acre useable lot. A gorgeous rural setting. Main house approximately 1,942 square feet and offers 3 bedrooms, two updated bathrooms plus a large loft area upstairs. Master bedroom is located downstairs and has a sitting area. Downstairs bathroom has a shower over a jetted tub that has a heater. Large living room with a pellet stove. Wood floors refinished within 4-5 years. Other features include inside laundry room and tankless water heater. Guest house is approximately 837 square feet and was built in 1996. It offers 2 bedrooms, one bathroom, inside laundry, kitchen with Corian counter tops, and living room with a pellet stove. Property includes a beautiful pool which was re-plastered in 2021 including a new pool deck. Pool pump has variable speed motor. Garage with shop area can accommodate 3 cars. Covered area in garage could accommodate an RV. Pre-wired for generator. Garage has metal roof is 2-3 years old. Outside parking for 6 vehicles. Septic system is 2-3 years old, well holding tank with 1,500-gallon capacity. Ditch water for irrigation. Property features automatic irrigation, numerous trees, garden area, and chicken coop.

Last Agent to Sell the Property

Kathy Shelton

CLA Realty License #01864568 Listed on: 04/19/2023

Last Buyer's Agent

Amy Mackenzie

Windermere Signature Properties Roseville/Granite Bay License #01881963

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,160

Year Built

  • Built in 1910 | Remodeled

Lot Details

  • 1 Acre Lot
  • Back Yard Fenced
  • Landscaped
  • Sprinklers on Timer
  • Garden
  • Zoning described as RA-B-X

Parking

  • 3 Car Detached Garage
  • 6 Open Parking Spaces
  • Workshop in Garage
  • RV Garage

Home Design

  • Raised Foundation
  • Shingle Roof
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,942 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Breakfast Room

Kitchen

  • Free-Standing Electric Oven
  • Free-Standing Electric Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Laundry in Kitchen
  • 220 Volts In Laundry

Home Security

  • Security System Owned
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • Poolside Lot

Outdoor Features

  • Deck
  • Front Porch

Additional Homes

  • Guest House

Utilities

  • Central Air
  • Pellet Stove burns compressed wood to generate heat
  • Heating System Uses Propane
  • 220 Volts in Kitchen
  • Gas Tank Leased
  • Water Holding Tank
  • Well
  • Tankless Water Heater
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 031-231-047-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,160

Year Built

Built in 1910 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Subtype Description: Detached
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: Yes
  • Stories: 2
  • Year Built: 1910
  • Levels: Two
  • Remodeled/Updated Desc: Bath 0-5YR,Bath 11-15YR,Kitchen 11-15YR,Other-Rmks 0-5YR
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Free Standing Refrigerator, Dishwasher, Disposal, Microwave, Plumbed For Ice Maker, Tankless Water Heater, Free Standing Electric Oven, Free Standing Electric Range
  • Flooring: Carpet, Tile, Wood
  • Master Bedroom Features: Ground Floor,Sitting Area
  • Total Bathrooms: 2
  • Bathroom Features: Shower Stall(s),Jetted Tub,Tub w/Shower Over
  • Dining Room Features: Dining Bar,Other
  • Kitchen Features: Breakfast Room
  • Living Room Features: Other
  • Main Level: Bedroom(s),Living Room,Dining Room,Master Bedroom,Retreat,Kitchen,Street Entrance
  • Price Per Square Foot: 445.42
  • Square Footage: 1942.00
  • Window Features: Dual Pane Full
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Other Structures: Guest House, Other
  • Construction Materials: Wood, Wood Siding
  • Fencing: Back Yard, Fenced
  • Foundation: Raised
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 850000.00
  • Lot Features: Auto Sprinkler F&R, Garden, Landscape Back, Landscape Front
  • Patio And Porch Features: Front Porch, Uncovered Deck
  • Pool Features: Built-In, On Lot
  • Pool: Yes
  • Road Surface Type: Paved
  • Roof: Shingle, Metal
  • Spa: No
  • Topography: Lot Grade Varies
  • Land Use: Residential
  • Second Unit Kitchen: Yes

Garage/Parking

  • Open Parking Spaces: 6.00
  • Garage Spaces: 3.00
  • Parking Features: Boat Storage, RV Garage Attached, Covered, Detached, Uncovered Parking Spaces 2+, Workshop in Garage

Utilities

  • Security: Carbon Mon Detector, Double Strapped Water Heater, Security System Owned, Smoke Detector
  • Sewer: Septic System
  • Utilities: Propane Tank Leased, Public, Electric
  • Cooling: Ceiling Fan(s), Central
  • Electric: 220 Volts in Kitchen, 220 Volts in Laundry
  • Heating: Pellet Stove, Propane
  • Laundry Features: Ground Floor, In Kitchen, See Remarks
  • Water Source: Storage Tank, Well

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Schools

  • Senior High School District: Placer Union High

Lot Info

  • Zoning Description: RA-B-X
  • Irrigation: See Remarks
  • Lot Size Acres: 1.0000
  • Lot Size Sq Ft: 43560.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Assessor Parcel Number: 031-231-047-000
  • Bonds/Assessments/Taxes: Unknown

Multi Family

  • Unit 2 Partial Bathrooms: 0
  • Unit 2 Description: Guest House
  • Unit 2 Occupied: Yes
  • Unit 2 Type: Detached

MLS Schools

  • School District (County): Placer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 3, 2024
Sold by
Velo Nicholas E and Velo Tanya L
Bought by
Velo Nicholas E and Velo Tanya L
Current Estimated Value
$940,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$538,000
Outstanding Balance
$532,461
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$407,686

Purchase Details

Listed on
Apr 19, 2023
Closed on
May 30, 2023
Sold by
Norton Family Trust
Bought by
Velo Nicholas and Velo Tanya
Seller's Agent
Kathy Shelton
CLA Realty
Buyer's Agent
Amy Mackenzie
Windermere Signature Properties Roseville/Granite Bay
List Price
$850,000
Sold Price
$865,000
Premium/Discount to List
$15,000
1.76%
Views
32

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.58%
Original Mortgage
$726,200
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 2016
Sold by
Norton Richard Leo and Norton Tina Marie
Bought by
Norton Richard Leo and Norton Tina Marie

Purchase Details

Closed on
Nov 12, 2007
Sold by
Norton Richard and Norton Tina
Bought by
Jovanovich Virginia L and Norton Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,109
Interest Rate
6.35%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Nov 9, 2007
Sold by
Jovanovich Virginia L and Norton Richard
Bought by
Norton Richard and Norton Tina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,109
Interest Rate
6.35%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Dec 5, 1994
Sold by
Harris Michael W and Harris Margaret J
Bought by
Jovanovich Virginia L and Norton Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,200
Interest Rate
9.08%
Mortgage Type
Purchase Money Mortgage
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
Velo Nicholas E -- Westminster Title
Velo Nicholas $865,000 Chicago Title
Norton Family Trust -- Chicago Title
Norton Richard Leo -- None Available
Jovanovich Virginia L -- First American Title Company
Norton Richard -- First American Title Company
Jovanovich Virginia L $189,000 Sierra Valley Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velo Nicholas E $538,000
Previous Owner Velo Nicholas $726,200
Previous Owner Norton Richard $196,109
Previous Owner Jovanovich Virginia L $151,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/02/2023 06/02/23 Sold $865,000 +1.8% $445 / Sq Ft
05/04/2023 05/04/23 Pending -- -- --
05/04/2023 05/04/23 For Sale $850,000 0.0% $438 / Sq Ft
04/24/2023 04/24/23 Pending -- -- --
04/19/2023 04/19/23 For Sale $850,000 -- $438 / 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
2025 $9,160 $863,948 $249,700 $614,248
2023 $9,160 $380,246 $96,854 $283,392
2022 $4,314 $372,791 $94,955 $277,836
2021 $4,195 $365,483 $93,094 $272,389
2020 $4,137 $361,736 $92,140 $269,596
2019 $4,057 $354,644 $90,334 $264,310
2018 $3,844 $347,691 $88,563 $259,128
2017 $3,770 $340,875 $86,827 $254,048
2016 $3,686 $334,192 $85,125 $249,067
2015 $3,599 $329,173 $83,847 $245,326
2014 $3,547 $322,726 $82,205 $240,521
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2023

    Kathy Shelton

    CLA Realty

    Section Image
  • Amy Mackenzie

    Buyer's Agent in 2023

    Amy Mackenzie

    Windermere Signature Properties Roseville/Granite Bay

    (916) 792-4717

    58 Total Sales

    Amy Mackenzie
    Section Image
See All Agents

Map

Source: MetroList

MLS Number: 223031892

MetroList

APN: 031-231-047

California Placer County Newcastle 95658

8720 Ridge Rd, Newcastle, CA

This home is located at 8720 Ridge Rd, Newcastle, CA 95658 since 19 April 2023 and is currently estimated at $940,147, approximately $484 per square foot. This property was built in 1910. 8720 Ridge Rd is a home located in Placer County with nearby schools including Del Oro High School, Harvest Ridge Charter School, and Newcastle Elementary Charter School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MetroList IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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