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5198 Prior Ridge

5198 Prior Ridge, Granite Bay, CA 95746
Property in Wedgewood
Sold Jul 02, 2012
$1,150,000
$591,650 by 2004-0000373 Llc
Mortgage Due Jun 01, 2051
Sold Feb 28, 2003
$1,025,000
$768,750 by Lehman Brothers Bank Fsb
Mortgage Due Mar 01, 2033
Local assessors in Granite Bay, CA have categorized 5198 Prior Ridge as a residential type of property. The home was built in 1993 and is 31 years old. The property's lot size has been calculated to be 27,385 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a contemporary style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 rooms in the home. Of these, 5 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 are 6 full bathrooms. There are also 7 partial bathrooms. This is a 3 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 5198 Prior Ridge has a total of 8,009 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 garage for those who need a place to park their vehicle. The garage on the property is 1,197 sqft. There are 4 available parking spaces so it's a great situation for those with more than one car. In addition, there is a spa or hot tub but no pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is good. 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 frame 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 - A. The building has a roof that is made of tile. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 5198 Prior Ridge sold most recently in Jun 26, 2012 for a total of $1,150,000. If you work out the math, that's approximately a cost of $143.59 per sqft. Before that, the property was also sold for $1,025,000 in Feb 7, 2003. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $14,834 in taxes each year. 5198 Prior Ridge was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,361,142. If we break it down further, the land itself was valued at $177,536. Improvements to the property, however, were assessed at a total of $1,183,606. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 7
  • Full Bathrooms: 6
  • Partial Bathrooms: 7
  • Building Condition: Good
  • Building Quality: A
  • Construction Type: Frame
  • Building Style: Contemporary
  • Roof Cover Type: Tile
  • Floor Count: 3
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 1,197
  • Parking Space Count: 4
  • Pool Type: Spa or hot tub (only)

    Dimensions

  • Lot Size Square Feet: 27,385
  • Total Building Area: 8,009
  • Gross Building Area: 8,009
  • Building Area: 8,009
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 8,009
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WEXFORD UNIT NO. 1-A
  • Land Acres: 0.629
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 65 WEXFORD UNIT 1A MOR BK P PG 87

Ownership

  • Current Owner : MAHMOOD MUBASHAR
  • Current Owner 2: MAHAMOOD AYSHA
  • Previous Owner : MURPHY TIMOTHY D
  • Previous Owner 2: MURPHY MIYUKI I
  • Owner Before Previous Owner: FAULKENDER WILLIAM E
  • Owner Before Previous Owner 2: FAULKENDER SANDRA L
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Roseville Joint Union High School District
  • Census Tract: 020606

Zoning

  • Zoning: RSAGBX

Geography

  • Assessors Map Reference: 15-E5
  • Parcel: 465-020-054-000
  • Lot: 65
  • Latitude: 38.7193
  • Longitude: -121.204

    Address

  • Full Address: 5198 Prior Rdg
  • Address - House Number: 5198
  • Address - Street Name: Prior
  • Address - Suffix Type: Rdg
  • State: CA
  • City Name: Granite Bay
  • Carrier Code: R012
  • 4-Digit Zip Code: 7186
  • Zip Code: 95746

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,834
  • Tax Rate Code Area: 069027

    Appraisal Valuation

  • Standard Deviation: 0.188
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 75
  • Final Value: 1,962,296
  • High Value: 2,331,241
  • Low Value: 1,593,350

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $591,650
  • First Open Lien Mortgage Lender: 2004-0000373 LLC
  • First Open Lien Mortgage Recording Date: May 11, 2021
  • First Open Lien Mortgage Loan Amount: $591,650
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,361,142
  • Assessed Land Value: $177,536
  • Assessed Improvements Value: $1,183,606

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 26, 2012
  • Current Sale Recording Date: Jul 02, 2012
  • Current Sale Transaction ID: 1036992618
  • Current Sale Price: $1,150,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2012-0059108
  • Previous Sale Recording Date: Feb 28, 2003
  • Previous Sale Contract Date: Feb 07, 2003
  • Previous Sale Amount: $1,025,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE CAPITAL ASSOCIATES IN
  • First Mortgage Transaction Date: Jul 02, 2012
  • First Mortgage Loan Amount: $735,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2042
  • Second Mortgage Lender: THE PERMANENTE MEDICAL GROUP I
  • Second Mortgage Transaction Date: Jul 02, 2012
  • Second Mortgage Loan Amount: $115,000
  • Second Mortgage Terms: 360
  • Second Mortgage Loan Type: Unknown (DEFAULT)

    Previous Mortgages

  • Previous Mortgage Lender: LEHMAN BROTHERS BANK FSB
  • Previous Mortgage Transaction Date: Feb 28, 2003
  • Previous Mortgage Loan Amount: $768,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Mar 01, 2033

About Wedgewood



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Frequently Asked Questions

What neighborhood is 5198 Prior Ridge located in?
The 5198 Prior Ridge is a located in the neighborhood of Wedgewood in Wedgewood, Granite Bay.
What is the average sales price for listings in 5198 Prior Ridge?
The average sales price for units in 5198 Prior Ridge is $0 currently.

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