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480 Cannibal Island Road

480 Cannibal Island Road, Loleta, CA 95551
Property in Loleta
Sold Jan 13, 2017
$212,000
$196,700 by Redwood Capital Bank
Mortgage Due May 01, 2041
Sold Oct 14, 2015
$307,332
Local assessors in Loleta, CA have categorized 480 Cannibal Island Road as a residential type of property. The home was built in 1894 and is 130 years old. It was most recently renovated and altered in 1954. The property's lot size has been calculated to be 13,503 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 480 Cannibal Island Road has a total of 1,640 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 240 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 480 Cannibal Island Road was last sold in Jan 11, 2017 for $212,000. According to our calculations, that's $129.27 per sqft. Prior to that sales transaction, the property was sold for $307,332 in Jul 27, 2015. Current property owners are expected to pay $2,589 in taxes per year. The property on 480 Cannibal Island Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $246,747. To break that down further, the land itself was valued at $122,470. While improvements to the property were assessed at a total of $124,277. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1894
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C
  • Construction Type: Wood
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 240
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 13,503
  • Total Building Area: 1,640
  • Gross Building Area: 1,640
  • Building Area: 1,640
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,640
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LOLETAIDE ADD
  • Land Acres: 0.31
  • Standard Land Use Code: Rural/agricultural residence
  • Legal Description 1: L5 B3 /LOLETAIDE ADDADD VS 080586C B N 620007B C

Ownership

  • Current Owner : KELLY PATRICK BAILEY
  • Previous Owner : FANNIE MAE
  • Owner Before Previous Owner: JENSEN JOANNA M
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Fortuna Union High School District
  • Census Tract: 010800

Zoning

  • Zoning: AE-60/W,F

Geography

  • Parcel: 309-191-007-000
  • Lot: 5
  • Latitude: 40.6429
  • Longitude: -124.235

    Address

  • Full Address: 480 Cannibal Rd
  • Address - House Number: 480
  • Address - Street Name: Cannibal
  • Address - Suffix Type: Rd
  • State: CA
  • City Name: Loleta
  • Zip Code: 95551

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,589
  • Tax Rate Code Area: 109-004

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $271,700
  • First Open Lien Mortgage Lender: REDWOOD CAPITAL BANK
  • First Open Lien Mortgage Recording Date: Apr 12, 2021
  • First Open Lien Mortgage Loan Amount: $196,700
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2041
  • Second Open Lien Mortgage Lender: REDWOOD CAPITAL BANK
  • Second Open Lien Mortgage Recording Date: Nov 08, 2023
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $75,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $246,747
  • Assessed Land Value: $122,470
  • Assessed Improvements Value: $124,277

    Sales

  • Current Sale Contract Date: Jan 11, 2017
  • Current Sale Recording Date: Jan 13, 2017
  • Current Sale Transaction ID: 1934622785
  • Current Sale Price: $212,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2017-000891
  • Previous Sale Recording Date: Oct 14, 2015
  • Previous Sale Contract Date: Jul 27, 2015
  • Previous Sale Amount: $307,332
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: SUMMIT FUNDING INC
  • First Mortgage Transaction Date: Jan 13, 2017
  • First Mortgage Loan Amount: $208,160
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Feb 01, 2047

About Loleta



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Frequently Asked Questions

What neighborhood is 480 Cannibal Island Road located in?
The 480 Cannibal Island Road is a located in the neighborhood of Loleta in Loleta, Loleta.
What is the average sales price for listings in 480 Cannibal Island Road?
The average sales price for units in 480 Cannibal Island Road is $0 currently.

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