Seller's Agent in 2021
Lock Richards
Highland Commercial, Inc.
(530) 470-1740
26 Total Sales
Estimated Value: $1,210,129
3.86
Acres
$313,505
Price per Acre
168,142
Sq Ft Lot
About This Lot
As of May 2021An exceptional 3.86 acre retail pad site at the newly signalized corner of the primary entrance to Higgins Marketplace, an under-construction neighborhood center anchored by Holiday Market. Also adjacent to Higgins Village, a CVS/Starbucks anchored center at the intersection of Highway 49 and Combie. 16,000 cars pass the site daily, with an additional 32,500 vehicles on Highway 49. Community Commercial zoning allows for a wide range of uses serving a large geographical area, including restaurants, general retail, building supply, hotels, fitness, medical, theaters, nursery, auto sales, mixed-use, residential care, self-storage, schools, and more. The property is improved with a +-3200 SF restaurant currently operated by seller (who plans to retire upon closing) and two unpermitted homes. Current improvements provide buyer interim income possibilities while planning and entitling the property for new development. All utilities available to the site. Unparallelled location!
Last Agent to Sell the Property
Highland Commercial, Inc. License #00871769 Listed on: 12/08/2020
Property Details
Property Type
- Land
Lot Details
- 3.86 Acre Lot
- Possible uses of the property include See Remarks
- Property is zoned C2-SC-SP
Additional Homes
- Accessory Dwelling Unit (ADU)
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 057-141-032-000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 8, 2020
Closed on
Apr 27, 2021
Sold by
Darwish Llc
Bought by
Lake Of The Pines H C Llc
Seller's Agent
Lock Richards
Highland Commercial, Inc.
Buyer's Agent
Lock Richards
Highland Commercial, Inc.
List Price
$1,200,000
Sold Price
$1,200,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,129
Avg. Annual Appreciation
0.18%
Original Mortgage
$600,000
Outstanding Balance
$541,727
Interest Rate
3%
Mortgage Type
Commercial
Estimated Equity
$668,402
Purchase Details
Closed on
Apr 6, 2018
Sold by
Darwish Llc
Bought by
County Of Nevada
Purchase Details
Closed on
Jun 8, 2007
Sold by
Spencer Stan
Bought by
Darwish Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,000
Interest Rate
6.14%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
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Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lake Of The Pines H C Llc | $1,200,000 | Placer Title Company | |
| County Of Nevada | -- | Fidelity Natl Title Co | |
| Darwish Llc | $1,650,000 | Placer Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lake Of The Pines H C Llc | $600,000 | |
| Previous Owner | Darwish Llc | $729,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/05/2021 05/05/21 | Sold | $1,200,000 | 0.0% | -- |
| 02/02/2021 02/02/21 | Off Market | $1,200,000 | -- | -- |
| 12/16/2020 12/16/20 | Pending | -- | -- | -- |
| 12/08/2020 12/08/20 | For Sale | $1,200,000 | -- | -- |
Source: MetroList
Tax History Compared to Growth
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 | $36,884 | $1,298,917 | $1,298,917 | -- |
| 2024 | $35,491 | $1,273,449 | $1,273,449 | -- |
| 2023 | $35,491 | $1,248,480 | $1,248,480 | $0 |
| 2022 | $37,904 | $1,444,300 | $1,186,400 | $257,900 |
| 2021 | $37,471 | $1,444,300 | $1,186,400 | $257,900 |
| 2020 | $35,452 | $1,415,900 | $1,163,100 | $252,800 |
| 2019 | $35,152 | $1,388,100 | $1,140,300 | $247,800 |
| 2018 | $0 | $1,322,000 | $1,086,000 | $236,000 |
| 2017 | $33,809 | $1,259,000 | $1,034,000 | $225,000 |
| 2016 | $32,955 | $1,199,000 | $985,000 | $214,000 |
| 2015 | $32,380 | $1,142,000 | $938,000 | $204,000 |
| 2014 | $32,027 | $1,120,000 | $920,000 | $200,000 |
Source: Public Records
Agents Affiliated with this Home
-
Lock Richards
Source: MetroList
MLS Number: 20072293
APN: 057-141-032-000
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.
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