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16875 Southridge Drive

16875 Southridge Drive, Penn Valley, CA 95946
House in Nevada
Sold Jul 13, 2021
$1,500,000
$1,625,000 by Olympia Mortgage & Investment
Mortgage
Sold May 05, 2004
$700,000
16875 Southridge Drive has been categorized by the local assessors in Penn Valley, CA as a residential type of property. The building on the property was first built in 1999 and is 25 years old. However, we must point out that the home was most recently renovated and altered in 2000. The home has a total of 10 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 16875 Southridge Drive has 4,460 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 343,688 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a traditional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 918 sqft. According to our sources, there are a total of 4 available parking spaces. Residents will have the luxury of enjoying both a porch and a screened patio. Love to swim? You'll be excited to find out that there is a pool on the property. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a well system. The property was last sold in Jun 28, 2021 for $1,500,000. That's $336.32 per sqft. Prior to that sales transaction, the property was also sold in Apr 28, 2004 for $700,000. 16875 Southridge Drive was last assessed in 2022. The total value of the property was assessed at $1,500,000. Specifically, the land the property is located on was valued at $300,000. While improvements on the property were assessed at a total of $1,200,000. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $16,123. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Stucco Exterior

Parking

Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Quality: B
  • Building Style: Traditional
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 1,305
  • Garage Type: Attached
  • Garage Square Area: 918
  • Parking Space Count: 4
  • Patio Type: Patio - screened
  • Porch Type: Porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 343,688
  • Total Building Area: 4,460
  • Gross Building Area: 4,460
  • Building Area: 4,460
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,460
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: SOUTH RIDGE
  • Land Acres: 7.89
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 8 SOUTH RIDGE

Ownership

  • Current Owner : AZEVEDO JOSEPH L
  • Current Owner 2: AZEVEDO VICKI A
  • Previous Owner : GARBER DAVID WENGER
  • Previous Owner 2: GARBER SUSANNE VIRGINIA
  • Owner Before Previous Owner: ALLEGRETTI JOSEPH B
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Nevada Joint Union High School District
  • Census Tract: 000403

Zoning

  • Zoning: AG-5

Geography

  • Parcel: 051-360-008-000
  • Lot: 8
  • Latitude: 39.1849
  • Longitude: -121.183

    Address

  • Full Address: 16875 Southridge Rd
  • Address - House Number: 16875
  • Address - Street Name: Southridge
  • Address - Suffix Type: Rd
  • State: CA
  • City Name: Penn Valley
  • Carrier Code: H005
  • 4-Digit Zip Code: 9606
  • Zip Code: 95946

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $16,123
  • Tax Rate Code Area: 080005

    Appraisal Valuation

  • Standard Deviation: 0.0747
  • Valuation Date: Jul 19, 2023
  • Confidence Score: 95
  • Final Value: 1,413,333
  • High Value: 1,518,967
  • Low Value: 1,307,699

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,625,000
  • First Open Lien Mortgage Lender: OLYMPIA MORTGAGE & INVESTMENT
  • First Open Lien Mortgage Recording Date: Jul 13, 2021
  • First Open Lien Mortgage Loan Amount: $1,625,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,500,000
  • Assessed Land Value: $300,000
  • Assessed Improvements Value: $1,200,000

    Sales

  • Current Sale Contract Date: Jun 28, 2021
  • Current Sale Recording Date: Jul 13, 2021
  • Current Sale Transaction ID: 11843571389
  • Current Sale Price: $1,500,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20210023640
  • Previous Sale Recording Date: May 05, 2004
  • Previous Sale Contract Date: Apr 28, 2004
  • Previous Sale Amount: $700,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: OLYMPIA MORTGAGE & INVESTMENT
  • First Mortgage Transaction Date: Jul 13, 2021
  • First Mortgage Loan Amount: $1,625,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage

About Nevada



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Frequently Asked Questions

What neighborhood is 16875 Southridge Drive located in?
The 16875 Southridge Drive is a house located in the neighborhood of Nevada in Nevada, Penn Valley.
What is the average sales price for listings in 16875 Southridge Drive?
The average sales price for units in 16875 Southridge Drive is $0 currently.

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