NOT LISTED FOR SALE

16510 Southridge Rd Penn Valley, CA 95946

Estimated Value: $2,207,000 - $2,276,000

5 Beds
6.5 Baths
6,400 Sq Ft
$350/Sq Ft Est. Value

Last Sold September 15, 2020

Last sale price $1,750,000 $273 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $14,014/month

2 Days on Market

Highlights

  • Horses Allowed On Property
  • Private Pool
  • 1 Fireplace
  • Williams Ranch Elementary School Rated 9+
  • 25 Acre Lot
  • No HOA

About This Home

As of September 2020

Stay at home order in place, no problem!!! You will never want to leave this IMPRESSIVE PALATIAL ESTATE on 25 acres. Your visit starts with the dramatic GATED ENTRY offering the ultimate in PRIVACY AND SECLUSION. The lighted driveway welcomes you to the FAMILY COMPOUND that features an inspirational blend of modern meets industrial. This home is worthy of Architectural digest with a 6400 sqft main house, an additional GUEST QUARTERS and a 3200 sqft SHOP W/OFFICE (once used as a winery) offering vast opportunities to accommodate your business or car collection. This LARGER THAN LIFE PROPERTY and grand outdoor entertaining venue is set up for the ULTIMATE IN GATHERINGS. 2 outdoor cooking areas, hotel style pool, fruit orchard, small fishpond, lighted sports area, fire pit, massive solar field, back-up generator, 20,000 gallon holding tanks for water and fenced garden areas. Wander about the manicured pathways and immerse yourself in the beauty of this truly one of a kind property

Last Listed By

Tonya Goodwin

Mitchell Clarin License #01275730 Listed on: 08/12/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,032

Year Built

  • Built in 2001

Lot Details

  • 25 Acre Lot
  • East Facing Home

Parking

  • 20 Open Parking Spaces
  • 6 Car Garage

Home Design

  • Split Level Home
  • Slab Foundation
  • Metal Roof

Interior Spaces

  • 6,400 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Double Pane Windows

Bedrooms and Bathrooms

  • 5 Bedrooms

Eco-Friendly Details

  • Energy-Efficient Insulation

Pool

  • Private Pool
  • Spa

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Trailer Storage

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 513-406-000-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,032

Year Built

Built in 2001

Lot Details

0

Parking

6

Listing Details

  • Property Type: Residential
  • Subtype Description: Attached,Custom
  • Property Subtype 1: 2 Houses on Lot
  • Remodeled Updated: Unknown
  • Year Built: 2001
  • Architectural Style: See Remarks
  • Levels: MultiSplit
  • Stories: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Gas Oven,Built-In Gas Range,Built-In Refrigerator,Dishwasher,Disposal,Double Oven,Electric Water Heater,ENERGY STAR Qualified Appliances,Hood Over Range,Plumbed For Ice Maker,Tankless Water Heater,Wine Refrigerator
  • Other Equipment: Audio/Video Prewired,Central Vac Plumbed,Central Vacuum,MultiPhone Lines,Water Cond Equipment Owned
  • Fireplace Features: Family Room,Wood Burning
  • Fireplaces: 1
  • Flooring: Carpet,Concrete,Wood
  • Possible Bedrooms: 6
  • Master Bathroom Features: Shower Stall(s),Stone,Walk-In Closet,Window
  • Master Bedroom Features: Balcony,Outside Access,Sitting Area,Sitting Room,Surround Sound
  • Bathroom Features: Double Sinks,Sauna,Shower Stall(s)
  • Bathrooms: 7.00
  • Dining Room Features: Dining/Family Combo,Dining/Living Combo
  • Kitchen Features: Butlers Pantry,Other Counter
  • Room Type: Baths Other,Game Room,Guest Quarters,Living Room,Master Bathroom,Master Bedroom,Master Bedrooms 2+
  • Main Level: Full Bath(s)
  • Price Per Square Foot: 273.44
  • Square Footage: 6400
  • Window Features: Dual Pane Full

Exterior Features

  • Other Structures: Guest House,Pergola,Workshop
  • Construction Materials: Ceiling Insulation,Metal,Metal Siding,Wall Insulation
  • Property Faces: East
  • Disclosures/Documents: Septic Certification,Sewer or Septic Report,Well Report,Well-Test GPM,Whole House Inspection Available
  • Elevation: 1700
  • Exterior Features: Balcony,BBQ Built-In,Fire Pit,Kitchen
  • Foundation: Slab
  • Horse Property: Yes
  • Listing Price: 1323000.00
  • Lot Features: Auto Sprinkler F&R,Dead End,Secluded
  • Patio And Porch Features: Back Porch,Covered Deck,Covered Patio,Front Porch,Uncovered Deck
  • Pool Features: Built-In,Fenced,On Lot,Solar Heat,Heated
  • Pool: Yes
  • Road Surface Type: Gravel,Paved
  • Roof: Metal
  • Spa Features: Spa/Hot Tub Personal
  • Spa: Yes
  • View Description: Local
  • Second Unit Estimated Sq Ft: 1200

Garage/Parking

  • Open Parking Spaces: 20
  • Garage Spaces: 6
  • Parking Features: Boat Storage,Guest Parking Available,RV Possible,RV Storage,Workshop in Garage

Utilities

  • Security: Carbon Mon Detector,Double Strapped Water Heater,Unguarded Gate,Smoke Detector
  • Sewer: Septic Connected,Septic System
  • Utilities: Dish Antenna,Generator,Internet Available,Natural Gas Connected,Propane,Solar
  • Cooling: Ceiling Fan(s),Evaporative Cooler
  • Electric: 220 Volts in Kitchen,Photovoltaics Seller Owned
  • Heating: Natural Gas,Wood Stove,See Remarks
  • Laundry Features: Cabinets,Gas Hook-Up,Inside Room,Sink,Space For Frzr/Refr
  • Water Source: Well,Untreated

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Nevada Joint Union

Lot Info

  • Horse Amenities: Trailer Storage
  • Zoning Description: AG
  • Irrigation: Irrigation Connected,Public District
  • Lot Size Acres: 25.0000
  • Lot Size Sq Ft: 1089000

Green Features

  • Energy Efficient: Insulation

Tax Info

  • Assessor Parcel Number: 513-406-000-0
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Nevada

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2020
Closed on
Sep 10, 2020
Sold by
Koch Eric L and Koch Meilung Fore
Bought by
Southridge Estates Llc
Seller's Agent
Tonya Goodwin
Mitchell Clarin
Buyer's Agent
Mary Holcomb
Mary Holcomb, Broker
List Price
$1,323,000
Sold Price
$1,750,000
Premium/Discount to List
$427,000
32.28%
Total Days on Market
2
Current Estimated Value
$2,241,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$491,500
Avg. Annual Appreciation
5.15%
Original Mortgage
$1,300,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 6, 2020
Sold by
Koch Eric L and Koch Meilung Fore
Bought by
Koch Eric L and Koch Meilung Fore

Purchase Details

Closed on
Mar 15, 2006
Sold by
Koch Eric L
Bought by
Fore Koch Eric L and Fore Koch Mei Lung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,000
Interest Rate
6.19%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Mar 14, 2006
Sold by
Koch Mei Lung Fore
Bought by
Koch Eric L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,000
Interest Rate
6.19%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jul 18, 2001
Sold by
Olivan Amber G
Bought by
Fore Koch Eric L and Fore Koch Mei Lung

Purchase Details

Closed on
Jan 25, 2000
Sold by
Fore Koch Eric L and Fore Koch Mei Lung
Bought by
Olivan Amber G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.96%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 1, 1999
Sold by
Turpin John J and Turpin Theresa M
Bought by
Koch Eric L and Fore Koch Mei Lung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.96%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 15, 1996
Sold by
Osterholt Cletus E
Bought by
Osterholt Cletus Edward

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Southridge Estates Llc $1,750,000 Placer Title Company
Koch Eric L -- Placer Title Company
Fore Koch Eric L -- First American Title Co
Koch Eric L -- First American Title Co
Fore Koch Eric L -- First American Title
Olivan Amber G -- --
Koch Eric L $150,000 California Land Title Co
Osterholt Cletus Edward -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Southridge Estates Llc $1,499,000
Closed Southridge Estates Llc $1,300,000
Previous Owner Koch Eric L $486,500
Previous Owner Koch Eric L $387,000
Previous Owner Koch Eric L $227,000
Previous Owner Koch Eric L $393,000
Previous Owner Koch Eric L $445,000
Previous Owner Koch Eric L $250,000
Previous Owner Koch Eric L $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2020 09/15/20 Sold $1,750,000 +32.3% $273 / Sq Ft
08/14/2020 08/14/20 Pending -- -- --
08/12/2020 08/12/20 For Sale $1,323,000 -- $207 / Sq Ft
Source: MetroList

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $18,032 $1,729,768 $159,181 $1,570,587
2023 $18,032 $1,695,852 $156,060 $1,539,792
2022 $17,664 $1,662,600 $153,000 $1,509,600
2021 $13,849 $1,304,758 $157,243 $1,147,515
2020 $15,135 $1,399,111 $251,596 $1,147,515
2019 $14,755 $1,362,278 $237,263 $1,125,015
2018 $14,372 $1,335,567 $232,611 $1,102,956
2017 $7,776 $707,294 $198,639 $508,655
2016 $7,493 $693,427 $194,745 $498,682
2015 $7,387 $683,013 $191,820 $491,193
2014 $7,270 $669,635 $188,063 $481,572
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 20047332

MetroList

APN: 051-340-064-000