NOT LISTED FOR SALE

Estimated Value: $966,000 - $2,963,902

7.9 Acres
$215,693 Price per Acre
344,124 Sq Ft Lot

Sale Details

Date Sold: November 18, 2022

Last sale price $1,000,000 $659 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $10,585 / mo

114 Days on Market

About This Lot

As of November 2022

Approved subdivision of 15 lots. Rare opportunity for a home builder or investor looking to build the next premier single-family development in highly desirable Elk Grove. Approved subdivision with 2 Cul De Sac land plan with 15 generously sized lots (avg lot 10,849 SF), multi-use bike/pedestrian trail, connected to Elk Grove Master Plan Trail System. Residents will have direct access to recreational amenities outside their door and Elk Grove's highly regarded school system. Located on north side of Bond Rd, 7.9-acre parcel of land tree lined and bordered by Laguna Creek, creating net useable 4.38 acres. Property currently has a single-family home with m2m tenant. Currently zoned AR-5, the approved subdivision calls for rezone to RD-4, allowing for a project of 15 single-family homes. 9350 bond Road lends itself as an opportunity to fully entitle and sell each lot individually as paper lots'' to a home builder or develop the lots themselves and sell as single-family homes.

Last Agent to Sell the Property

Patrick Stelmach

CBRE Inc. License #01964999 Listed on: 11/20/2021

Last Buyer's Agent

Patrick Stelmach

CBRE Inc. License #01964999 Listed on: 11/20/2021

Property Details

Property Type

  • Land

Lot Details

  • 7.9 Acre Lot
  • Mostly Level
  • Possible uses of the property include Agricultural, Residential, Single Family, Subdivision
  • May Be Possible The Lot Can Be Split Into 2+ Parcels
  • Property is zoned AR-5, Agricultural/Residential,Residential,Single-Family,Split Possible

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 127-0140-040

Property Details

Property Type

Land

Lot Details

7.9 Acres

Listing Details

  • Property Type: Land
  • Property Subtype 1: Residential Acreage
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Horse Property: No
  • Listing Price: 1300000.00
  • Lot Features: Shape Regular, Subdivided
  • Road Frontage: City Street
  • Topography: Mostly Level
  • Additional Living Units: No
  • Soil: Other

Utilities

  • Sewer: See Remarks
  • Utilities: See Remarks
  • Water Source: See Remarks

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Elk Grove Unified

Lot Info

  • Zoning: AR-5
  • Crops: None
  • Current Use: Agricultural, Residential
  • Development Status: Raw Land, Final Map Approved, Tentative Map Approved, Lot Split Possible
  • Zoning Description: Agricultural/Residential,Residential,Single-Family,Split Possible
  • Irrigation: See Remarks
  • Lot Size Acres: 7.9000
  • Lot Size Sq Ft: 344124.00
  • Possible Use: Agricultural, Residential, Single Family, Subdivision
  • ResoLotSizeUnits: Acres

Multi Family

  • Income Includes: None,Improvements

Tax Info

  • Assessor Parcel Number: 127-0140-040
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 2, 2023
Sold by
Bought by
Current Estimated Value
$1,703,976

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Outstanding Balance
$927,661
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$776,315

Purchase Details

Closed on
Jun 27, 2023
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Outstanding Balance
$927,661
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$776,315

Purchase Details

Listed on
Nov 20, 2021
Closed on
Nov 16, 2022
Sold by
Bought by
Seller's Agent
Patrick Stelmach
CBRE Inc.
Buyer's Agent
Patrick Stelmach
CBRE Inc.
List Price
$1,300,000
Sold Price
$1,000,000
Premium/Discount to List
-$300,000
-23.08%
Views
76

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.54%
Original Mortgage
$850,000
Interest Rate
6.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 2017
Sold by
Bought by

Purchase Details

Listed on
Nov 15, 2011
Closed on
Feb 13, 2012
Sold by
Bought by
Seller's Agent
Loretta Sherb
Prodigy Realty
Buyer's Agent
Non-MLS Member
Non-MLS Office
List Price
$389,000
Sold Price
$370,000
Premium/Discount to List
-$19,000
-4.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.15%
Original Mortgage
$277,500
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
6.11%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 12, 2005
Sold by
Bought by

Purchase Details

Closed on
Dec 2, 2004
Sold by
Bought by

Purchase Details

Closed on
Nov 14, 1997
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Fidelity National Title Compan
-- None Listed On Document
$1,000,000 Placer Title
-- None Available
$370,000 Placer Title Company
-- Placer Title Company
$1,200,000 Placer Title Company
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $960,000
Previous Owner $850,000
Previous Owner $277,500
Previous Owner $630,000
Previous Owner $131,200
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/18/2022 11/18/22 Sold $1,000,000 -23.1% $659 / Sq Ft
03/14/2022 03/14/22 Pending -- -- --
11/20/2021 11/20/21 For Sale $1,300,000 +251.4% $857 / Sq Ft
02/17/2012 02/17/12 Sold $370,000 -4.9% $244 / Sq Ft View Prior Sale
01/24/2012 01/24/12 Pending -- -- --
11/15/2011 11/15/11 For Sale $389,000 -- $256 / Sq Ft
Source: MetroList

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $15,616 $1,061,207 $1,018,759 $42,448
2025 $15,399 $1,040,400 $998,784 $41,616
2024 $15,399 $1,020,000 $979,200 $40,800
2023 $15,063 $1,000,000 $960,000 $40,000
2022 $9,075 $437,930 $437,930 $0
2021 $8,901 $429,344 $429,344 $0
2020 $7,447 $424,942 $424,942 $0
2019 $4,558 $416,610 $416,610 $0
2018 $4,432 $408,442 $408,442 $0
2017 $4,352 $400,434 $400,434 $0
2016 $4,125 $392,583 $392,583 $0
2015 $4,046 $386,687 $386,687 $0
2014 $3,977 $379,113 $379,113 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 221146889

MetroList

APN: 127-0140-040

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