NOT LISTED FOR SALE

Estimated Value: $548,028 - $954,000

3 Beds
2 Baths
1,688 Sq Ft
$426/Sq Ft Est. Value

Last Sold May 10, 2022

Last sale price $430,000 $255 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $4,275/month

85 Days on Market

Highlights

  • Community Beach Access
  • Custom Home
  • 2 Fireplaces
  • Ocean View
  • Private Lot
  • Beamed Ceilings

About This Home

As of May 2022

Drastic price reduction for quick sale! Incredible Potential. Builder's Dream. Ocean and Forest Views. Borders 30 acres of ESHA protected lands. New Solar Ready 225 AMP Electric Panel. Good Fire Clearance. Private gated beach access. Don't miss out on this one!

Last Agent to Sell the Property

Krista Clearwater

Clearwater Real Estate License #02085195 Listed on: 12/20/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,539

Lot Details

  • 1.2 Acre Lot
  • Private Lot
  • Secluded Lot
  • Garden
  • Zoning described as UR

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 6 Parking Spaces

Property Views

  • Ocean
  • Panoramic
  • Forest

Home Design

  • Home Under Construction
  • Custom Home
  • Fixer Upper

Interior Spaces

  • 1,688 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • 2 Fireplaces
  • Self Contained Fireplace Unit Or Insert

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony

Utilities

  • No Cooling
  • Pellet Stove burns compressed wood to generate heat
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 142-022-21-05

Community Details

Overview

  • Association fees include 0
  • Island Cove Estates Association, Phone Number (925) 838-2090
  • Island Cove Estates Subdivision

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,539

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Property Type: Residential
  • Subtype Description: Custom
  • Property Subtype 1: Single Family Residence
  • Stories: 2
  • Levels: Two
  • Subdivision: Island Cove Estates
  • Year Built Details: Unknown
  • ResoPropertyType: Residential
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Open Beam Ceiling
  • Fireplace Features: Pellet Stove, Insert
  • Fireplaces: 2
  • Master Bedroom Features: Balcony
  • Total Bathrooms: 2
  • Family Room Features: Open Beam Ceiling
  • Living Room Features: Open Beam Ceiling
  • Main Level: Living Room,Kitchen,Full Bath(s)
  • Price Per Square Foot: 254.74
  • Square Footage: 1688.00

Exterior Features

  • Exterior Features: Fireplace, Balcony
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 399000.00
  • Lot Features: Secluded, Private, Garden
  • Pool: No
  • Property Condition: Under Construction, Fixer
  • Spa: No
  • Topography: Coast,Forest
  • View Description: Panoramic, Ocean, Forest

Garage/Parking

  • Parking Features: Uncovered Parking Spaces 2+
  • Total Parking Spaces: 6.00

Utilities

  • Sewer: Septic System
  • Utilities: Electric
  • Cooling: None
  • Heating: Pellet Stove, Fireplace(s), Fireplace Insert
  • Laundry Features: Washer Included, Electric, Dryer Included
  • Water Source: Well

Condo/Co-op/Association

  • Association Features: Beach Rights
  • Association Fee: 200
  • Association Fee Frequency: Annually
  • Association Fee Includes: 0
  • Association Name: Island Cove Estates
  • Association Phone: (925) 838-2090
  • Association: Yes
  • Senior Community: No
  • ResoAssociationFeeFrequency: Annually

Lot Info

  • Zoning Description: UR
  • Lot Size Acres: 1.2044
  • Lot Size Sq Ft: 52464.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Assessor Parcel Number: 142-022-21-05

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2021
Closed on
Apr 28, 2022
Sold by
Palmer Christopher T and Palmer Brian
Bought by
Hess Matthew L
Seller's Agent
Krista Clearwater
Clearwater Real Estate
Sold Price
$430,000
Current Estimated Value
$718,757

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,757
Avg. Annual Appreciation
13.30%

Purchase Details

Closed on
Feb 28, 2018
Sold by
Gorka Herbert and Gorka Gracija R
Bought by
Palmer Christopher T and Oriva Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2009
Sold by
Elzig Beverly J
Bought by
Gorka Herbert and Gorka Gracija R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
4.76%
Mortgage Type
Purchase Money Mortgage
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
Hess Matthew L $430,000 Redwood Empire Title
Palmer Christopher T $440,000 Redwood Empire Title Co Of M
Gorka Herbert $315,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Palmer Christopher T $396,000
Previous Owner Gorka Herbert $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2022 05/10/22 Sold $430,000 +7.8% $255 / Sq Ft
03/15/2022 03/15/22 Pending -- -- --
02/24/2022 02/24/22 For Sale -- -- --
02/21/2022 02/21/22 Off Market $399,000 -- --
02/14/2022 02/14/22 Pending -- -- --
12/20/2021 12/20/21 For Sale $499,000 -- $296 / 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 $5,539 $456,318 $222,853 $233,465
2023 $5,539 $481,201 $174,982 $306,219
2022 $5,364 $471,766 $171,551 $300,215
2021 $5,337 $462,517 $168,188 $294,329
2020 $5,270 $457,776 $166,464 $291,312
2019 $5,178 $448,800 $163,200 $285,600
2018 $4,165 $356,495 $130,149 $226,346
2017 $4,101 $349,505 $127,597 $221,908
2016 $4,037 $342,654 $125,096 $217,558
2015 $3,904 $337,510 $123,218 $214,292
2014 $3,835 $330,901 $120,805 $210,096
Source: Public Records

Agents Affiliated with this Home

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Source: MetroList

MLS Number: 321114005

MetroList

APN: 142-022-21-05