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602 Redbud Way

602 Redbud Way, Nevada City, CA 95959
Property in Nevada
Sold Aug 11, 2009
$470,000
$240,000 by Wells Fargo Bank Na
Mortgage Due Nov 01, 2045
Sold Jan 24, 2006
$390,500
Local assessors in Nevada City, CA have categorized 602 Redbud Way as a residential type of property. The home was built in 2005 and is 19 years old. The property's lot size has been calculated to be 1,307 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a traditional style. 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 are 2 full bathrooms. There are also 2 partial bathrooms. 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 602 Redbud Way has a total of 1,440 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. The home sources its water from a municipal system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Do you like to entertain? The home has both a porch and a screened patio so you'll have great options in both the front and back of the home. 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 - B. Residents rely on a refrigeration air conditioning system for their cooling system. The home's a radiant heating system is the primary heating source. 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, 602 Redbud Way sold most recently in Jul 7, 2009 for a total of $470,000. If you work out the math, that's approximately a cost of $326.39 per sqft. Before that, the property was also sold for $390,500 in Dec 14, 2005. 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 $6,003 in taxes each year. 602 Redbud Way was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $577,716. If we break it down further, the land itself was valued at $243,267. Improvements to the property, however, were assessed at a total of $334,449. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B
  • Building Style: Traditional
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Patio Type: Patio - screened
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 1,307
  • Total Building Area: 1,440
  • Gross Building Area: 1,440
  • Building Area: 1,440
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Radiant
  • Heated Square Feet: 1,440
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BROAD ST COMMONS
  • Land Acres: 0.03
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: UNIT 16 LT 12 BROAD ST COMMONS

Ownership

  • Current Owner : DION GERALD A
  • Current Owner 2: BROWN SHERYL C
  • Previous Owner : HELLWIG JOHN W
  • Previous Owner 2: PETERSON MARY P
  • Owner Before Previous Owner: BROAD STREET DEVELOPMENTS LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Nevada Joint Union High School District
  • Census Tract: 000802

Geography

  • Parcel: 005-550-016-000
  • Lot: 12
  • Latitude: 39.2662
  • Longitude: -121.027

    Address

  • Full Address: 602 Redbud Way
  • Address - House Number: 602
  • Address - Street Name: Redbud
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Nevada City
  • Carrier Code: C001
  • 4-Digit Zip Code: 2157
  • Zip Code: 95959

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,003
  • Tax Rate Code Area: 002005

    Appraisal Valuation

  • Standard Deviation: 0.2302
  • Valuation Date: Jul 19, 2023
  • Confidence Score: 68
  • Final Value: 530,452
  • High Value: 652,607
  • Low Value: 408,297

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $240,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Oct 21, 2015
  • First Open Lien Mortgage Loan Amount: $240,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2045

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $577,716
  • Assessed Land Value: $243,267
  • Assessed Improvements Value: $334,449

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 07, 2009
  • Current Sale Recording Date: Aug 11, 2009
  • Current Sale Transaction ID: 1027520388
  • Current Sale Price: $470,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20090021723
  • Previous Sale Recording Date: Jan 24, 2006
  • Previous Sale Contract Date: Dec 14, 2005
  • Previous Sale Amount: $390,500
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: METLIFE HOME LOANS
  • First Mortgage Transaction Date: Aug 11, 2009
  • First Mortgage Loan Amount: $320,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Sep 01, 2039

About Nevada City



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Frequently Asked Questions

What neighborhood is 602 Redbud Way located in?
The 602 Redbud Way is a located in the neighborhood of Nevada in Nevada City, Nevada City.
What is the average sales price for listings in 602 Redbud Way?
The average sales price for units in 602 Redbud Way is $0 currently.

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