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7224 Summit Ridge Drive

7224 Summit Ridge Drive, Eureka, CA 95503
Property in South Bay
Sold Sep 08, 2016
$259,000
$207,000 by Sierra Pacific Mortgage Co Inc
Mortgage Due Oct 01, 2046
Sold Mar 17, 2000
$99,500
$89,150 by Provident Funding Associates L
Mortgage Due Apr 01, 2030
This has been categorized as a residential property type. In total, the area measurement of the land is 9,274 square feet.

Learn more about the property and building on this page. The property was last sold in Jul 22, 2016 for $259,000. Prior to that sales transaction, the property was also sold in Feb 3, 2000 for $99,500. 7224 Summit Ridge Drive was last assessed in 2023. The total value of the property was assessed at $288,916. Specifically, the land the property is located on was valued at $156,172. While improvements on the property were assessed at a total of $132,744. 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 $3,091. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Bedroom Count: 0
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,274
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.213
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential income (general) (multi-family)
  • Legal Description 1: L42 /PARKWOOD UN 03950C080586C 75B N 620007B C

Ownership

  • Current Owner : MADDEN JULIA A
  • Previous Owner : COLOSI BENNETT GABRIEL LINDSAY
  • Previous Owner 2: COLOSI BENNETT ELIZABETH J
  • Owner Before Previous Owner: DURHAM STEVEN J
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: South Bay Union Elementary School District
  • Census Tract: 010701

Zoning

  • Zoning: RS-5

Geography

  • Parcel: 306-291-017-000
  • Lot: 42
  • Latitude: 40.7175
  • Longitude: -124.206

    Address

  • Full Address: 7224 Summit Ridge Dr
  • Address - House Number: 7224
  • Address - Street Name: Summit Ridge
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Eureka
  • Carrier Code: C025
  • 4-Digit Zip Code: 7073
  • Zip Code: 95503

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,091
  • Tax Rate Code Area: 077-024

    Appraisal Valuation

  • Standard Deviation: 0.2712
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 61
  • Final Value: 464,746
  • High Value: 590,802
  • Low Value: 338,690

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $207,000
  • First Open Lien Mortgage Lender: SIERRA PACIFIC MORTGAGE CO INC
  • First Open Lien Mortgage Recording Date: Sep 08, 2016
  • First Open Lien Mortgage Loan Amount: $207,000
  • 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: Oct 01, 2046

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $288,916
  • Assessed Land Value: $156,172
  • Assessed Improvements Value: $132,744

    Sales

  • Current Sale Contract Date: Jul 22, 2016
  • Current Sale Recording Date: Sep 08, 2016
  • Current Sale Transaction ID: 1761822627
  • Current Sale Price: $259,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2016-017094
  • Previous Sale Recording Date: Mar 17, 2000
  • Previous Sale Contract Date: Feb 03, 2000
  • Previous Sale Amount: $99,500
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: SIERRA PACIFIC MORTGAGE CO INC
  • First Mortgage Transaction Date: Sep 08, 2016
  • First Mortgage Loan Amount: $207,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: PROVIDENT FUNDING ASSOCIATES L
  • Previous Mortgage Transaction Date: Mar 17, 2000
  • Previous Mortgage Loan Amount: $89,150
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Apr 01, 2030

About South Bay



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Frequently Asked Questions

What neighborhood is 7224 Summit Ridge Drive located in?
The 7224 Summit Ridge Drive is a located in the neighborhood of South Bay in South Bay, Eureka.
What is the average sales price for listings in 7224 Summit Ridge Drive?
The average sales price for units in 7224 Summit Ridge Drive is $0 currently.

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