NOT LISTED FOR SALE

Estimated Value: $422,000 - $659,441

5.7 Acres
$97,870 Price per Acre
248,292 Sq Ft Lot

Last Sold November 30, 2020

Last sale price $180,000

Est. 210% increase in value since last sale

Current estimated payment $3,339/month

12 Days on Market

Highlights

  • Horse Property
  • 5.7 Acre Lot
  • Secluded Lot
  • Panoramic View
  • Community Lake
  • No HOA

About This Lot

As of November 2020

Wow! This 5.7 Acre beauty has it all, nestled in very desirable East foothills location with lots of citrus groves, and vineyards. You will know you found home when you reach the end of the private paved driveway as it opens up to the expansive valley views! Best of all, property already has very desirable South Feather Irrigation Water, power, and wells. Multiple pad sites have already been installed, and are just waiting your custom home designs for you to build. The rare find is all located minutes to town, hospitals, schools, shopping, and all the recreation Lake Oroville as to offer. Call your Realtor today for a private tour of the property.

Last Agent to Sell the Property

Randy Chapman

Table Mountain Realty, Inc. License #01347365 Listed on: 10/02/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,398

Lot Details

  • 5.7 Acre Lot
  • Property fronts a private road
  • Rural Setting
  • Secluded Lot
  • Gentle Sloping Lot
  • Property is zoned RR-5

Property Views

  • Panoramic
  • City Lights
  • Orchard Views
  • Mountain
  • Hills

Utilities

  • Well

Listing and Financial Details

  • Assessor Parcel Number 079360022000

Community Details

Overview

  • No Home Owners Association
  • Community Lake

Recreation

  • Water Sports
  • Horse Trails
  • Hiking Trails
  • Horse Property

Property Details

Property Type

Land

Est. Annual Taxes

$4,398

Lot Details

0

Listing Details

  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: RR-5
  • Property Type: Land
  • Parcel Number: 079360022000
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 0.72

Exterior Features

  • View: City Lights, Hills, Mountain(s), Orchard, Panoramic

Utilities

  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Hiking, Lake, Horse Trails, Watersports, Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Gentle Sloping, Horse Property, Secluded
  • Lot Size Sq Ft: 248292.00
  • Lot Size Acres: 5.7000
  • Latitude Manual: 39.48575700

Multi Family

  • Lot Size Area: 5.7000 Acres

Tax Info

  • Tax Census Tract: 26.01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2020
Closed on
Nov 25, 2020
Sold by
Reed Robert W and Reed Kari M
Bought by
Arace Glenn and Arace Melanie
Seller's Agent
Randy Chapman
Table Mountain Realty, Inc.
Buyer's Agent
Randy Chapman
Table Mountain Realty, Inc.
List Price
$185,000
Sold Price
$180,000
Premium/Discount to List
-$5,000
-2.7%
Current Estimated Value
$557,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$377,860
Avg. Annual Appreciation
26.57%
Original Mortgage
$80,000
Interest Rate
2.8%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 25, 2020
Sold by
Sefic Esmet
Bought by
Reed Robert W and Reed Kari M

Purchase Details

Closed on
Oct 30, 2018
Sold by
Reed Robert W and Reed Kari M
Bought by
Sefic Ismet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 2012
Sold by
Mathews Susan C
Bought by
Reed Robert W and Reed Kari M

Purchase Details

Closed on
Dec 22, 2003
Sold by
Rash Jace K
Bought by
Rash Jace K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,500
Interest Rate
5.97%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 17, 2002
Sold by
Rash Joanna L
Bought by
Rash Jace

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
7.13%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 16, 2002
Sold by
Moll Carolyn J
Bought by
Rash Jace K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
7.13%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 8, 2000
Sold by
Moll Carolyn
Bought by
Moll Carolyn J

Purchase Details

Closed on
Nov 2, 1999
Sold by
Moll Richard and Moll Joan
Bought by
Moll Carolyn

Purchase Details

Closed on
May 8, 1998
Sold by
Moll Richard and Moll Joan
Bought by
Moll Richard and Moll Joan

Purchase Details

Closed on
Jan 22, 1997
Sold by
Moll Richard and Moll Joan
Bought by
Moll Richard and Moll Joan
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Arace Glenn $180,000 Mid Valley Title
Reed Robert W $127,715 Mid Valley T&E Co
Sefic Ismet $150,000 Mid Valley Title & Escrow Co
Reed Robert W $57,000 Mid Valley Title & Escrow Co
Rash Jace K -- Mid Valley Title & Escrow Co
Rash Jace -- Mid Valley Title & Escrow Co
Rash Jace K $62,000 Mid Valley Title & Escrow Co
Moll Carolyn J -- --
Moll Carolyn -- --
Moll Richard -- --
Moll Richard -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arace Glenn $500,000
Closed Arace Glenn $75,000
Closed Arace Glenn T $150,000
Closed Arace Glenn $80,000
Previous Owner Sefic Ismet $140,000
Previous Owner Rash Jace K $240,000
Previous Owner Rash Jace K $49,500
Previous Owner Rash Jace K $42,500
Previous Owner Rash Jace K $38,000
Previous Owner Rash Jace K $55,000
Closed Rash Jace K $33,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2020 11/30/20 Sold $180,000 -2.7% --
10/14/2020 10/14/20 Pending -- -- --
10/02/2020 10/02/20 For Sale $185,000 -- --
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
2025 $4,398 $409,037 $194,837 $214,200
2024 $4,398 $401,017 $191,017 $210,000
2023 $2,059 $187,272 $187,272 $0
2022 $1,993 $183,600 $183,600 $0
2021 $1,956 $180,000 $180,000 $0
2020 $1,682 $153,000 $147,900 $5,100
2019 $1,656 $150,000 $145,000 $5,000
2018 $691 $61,685 $59,522 $2,163
2017 $668 $60,476 $58,355 $2,121
2016 $659 $59,291 $57,211 $2,080
2015 $625 $58,401 $56,352 $2,049
2014 $631 $57,258 $55,249 $2,009
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OR20207382

California Regional Multiple Listing Service (CRMLS)

APN: 079-360-022-000