Investment Potential for 5851 Korlebu Ln

The property has a current estimated value of $826,496, which is 10% below the zip median, based on public records. It last sold on September 19, 2016 for $550K. Projected long-term

is $44,400 annually ($3,700 per month) with a 26% occupancy rate.

Property Appreciation
property appreciation
This appreciation forecast is based on proprietary algorithms utilizing publicly available historical market data. Appreciated property values are inherently uncertain and actual appreciation of a property can differ materially for a wide variety of reasons. Learn More.

Last Sale Amount

$550,000

Sold September 19, 2016

Est. Current Value
property value
This property valuation is based on proprietary algorithms utilizing publicly available market data. Whitepages’ Property Value is NOT an appraisal and should not be used in place of one. Learn More.

$826K

($790K - $863K)

10% below zip median

5-Year Forecast
5-year appreciation
This is an estimate of the appreciated property value by year over the next 5 years, based on proprietary algorithms and historical market data. Actual appreciation of a property can differ materially for a variety of reasons. Learn More.

$*******

View Forecast

Discover more Single Family Homes in 96140.

See Recommended Properties

Long-Term
Rental Income
rental income
This estimate is computed using a proprietary model. It is a starting point in determining the potential rental income for a property. Learn More.

Gross Rental

$44,400 per year($3,700 per month)

$*****View Operating Expenses

Net Operating Income

$*****View Net Operating Income

Cap Rate

****%View Cap Rate

Occupancy Rate

26%in 96140 zip code

View Rental Potential

Owners & Occupancy for 5851 Korlebu Ln

This property is owned by Michele Chiapella. Owner contact information includes .

Occupancy

******

View Occupancy

Appreciation Since Purchased

$276,496

Purchased September 19, 2016

Number of Owners

2

Property Owners

Michele Chiapella, age

Residence	*********
Landline
Distance from Property	**********

Property Ownership Information

Purchase Date	September 19, 2016
Property Tax Amount	$7,713 in 2024
Purchase Price	$550,000

Occupancy

Current Occupancy

******View Occupancy

Property Details for 5851 Korlebu Ln

Property Age

52 years

0 years older than zip median

Property Details

Property Sq Ft

Living Area

1,243 sq ft

22% below market

Lot Size

11,834 sq ft

2% below market

Price Per Sq Ft

Living Area

$665 / sq ft

13% above market

Lot Size Area

$70 / sq ft

5% below market

Property Information

Property condition, age, exterior, etc. for 5851 Korle…

Land & Location Information

Longitude: -120.071457 Latitude: 39.238201 Parcel Number (APN): 116-030-009-000…

Recommended Properties in 96140

Discover more single family homes near 5851 Korlebu Ln in Carnelian Bay, California. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Valued below Market Median
$840K - $921K
Est. Value
5327 N Lake Blvd, Carnelian Bay, CA 96140
4 beds · 2 baths · 1,842 sq ft · Last Sold: $425,000 in 2015 · Built: 1946
Valued above Market Median
$1.27M - $1.39M
Est. Value
4515 Huckleberry Dr, Carnelian Bay, CA 96140
4 beds · 2 baths · 2,148 sq ft · Built: 1972
High Demand Long-Term Rental
$788K - $859K
Est. Value
5887 Ophir St, Carnelian Bay, CA 96140
3 beds · 1 baths · 1,372 sq ft · Built: 1950
Owned for 15 - 25 Years
$740K - $826K
Est. Value
5676 Victoria Rd, Carnelian Bay, CA 96140
4 beds · 2 baths · 1,224 sq ft · Last Sold: $415,500 in 2007 · Built: 1967
High Demand Long-Term Rental
$724K - $780K
Est. Value
5799 Dodowah Rd, Carnelian Bay, CA 96140
3 beds · 2 baths · 1,994 sq ft · Built: 1964
Good value per sqft
$898K - $979K
Est. Value
5621 Dodowah Rd, Carnelian Bay, CA 96140
3 beds · 3 baths · 2,006 sq ft · Last Sold: $587,000 in 2011 · Built: 1988
High Demand Long-Term Rental
$698K - $770K
Est. Value
5261 N Lake Blvd, Carnelian Bay, CA 96140
4 beds · 1 baths · 1,384 sq ft · Last Sold: $324,000 in 2012 · Built: 1957
High Demand Long-Term Rental
$599K - $665K
Est. Value
4470 Piney Wood Rd, Carnelian Bay, CA 96140
2 beds · 1 baths · 1,232 sq ft · Last Sold: $432,000 in 2014 · Built: 1975
High Demand Long-Term Rental
$871K - $968K
Est. Value
5795 N Lake Blvd, Carnelian Bay, CA 96140
3 beds · 2 baths · 1,315 sq ft · Last Sold: $367,100 in 2014 · Built: 1957
Owned for 25 - 50 Years
$1.04M - $1.18M
Est. Value
5924 Dodowah Rd, Carnelian Bay, CA 96140
5 beds · 3 baths · 1,920 sq ft · Last Sold: $217,000 in 1999 · Built: 1970
Large Lot Advantage
$657K - $712K
Est. Value
5749 Dodowah Rd, Carnelian Bay, CA 96140
3 beds · 2 baths · 1,916 sq ft · Built: 1964
High Demand Long-Term Rental
$770K - $858K
Est. Value
5566 Nile Rd, Carnelian Bay, CA 96140
3 beds · 2 baths · 1,172 sq ft · Built: 1961
Large Lot Advantage
$649K - $716K
Est. Value
680 Terrace Dr, Carnelian Bay, CA 96140
3 beds · 1 baths · 1,632 sq ft · Built: 1941
Owned for 25 - 50 Years
$610K - $666K
Est. Value
4530 N Ridge Dr, Carnelian Bay, CA 96140
2 beds · 1 baths · 800 sq ft · Last Sold: $319,000 in 1999 · Built: 1966
High Demand Long-Term Rental
$927K - $1.01M
Est. Value
5915 Korlebu Ln, Carnelian Bay, CA 96140
5 beds · 2 baths · 1,537 sq ft · Built: 1966
Owner Age 65 - 75
$625K - $702K
Est. Value
5032 Flick St, Carnelian Bay, CA 96140
4 beds · 1 baths · 1,380 sq ft · Last Sold: $450,000 in 2019 · Built: 1950
Valued above Market Median
$1.25M - $1.38M
Est. Value
3830 Summit Rd, Carnelian Bay, CA 96140
3 beds · 2 baths · 2,120 sq ft · Built: 1978
High Demand Long-Term Rental
$733K - $797K
Est. Value
3836 Dinah Rd, Carnelian Bay, CA 96140
3 beds · 2 baths · 968 sq ft · Built: 1967
Owner Age 35 - 45
$954K - $1.06M
Est. Value
4430 Snow Flower Rd, Carnelian Bay, CA 96140
3 beds · 3 baths · 2,118 sq ft · Built: 1979
Owned for 15 - 25 Years
$851K - $957K
Est. Value
275 Granite Rd, Carnelian Bay, CA 96140
4 beds · 2 baths · 1,236 sq ft · Last Sold: $475,000 in 2003 · Built: 1950

Market Benchmarks

Compare data for 5851 Korlebu Ln in Placer County to the median in the zip code area and surrounding markets, where available.

View zip code benchmarks

Property

Zip

Difference

State

Difference

$826,496

$917,720

-$91,224 (-10%)

$634,389

$192,106 (30%)

$*******

$********

$******* (****%)

$773,250

$369,200 (48%)

YoY Price Change

****%

1.38%

-85%

Year Built

1973

0 years

1971

2 years

Living Space

1,243 sq ft

1,598 sq ft

-355 (-22%)

1,519 sq ft

-276 (-18%)

$ Per Living Sq Ft

$665

$590

$75 (13%)

$424

$241 (57%)

Lot Size

11,834 sq ft

12,046 sq ft

-212 (-2%)

7,020 sq ft

4814 (69%)

$ Per Lot Sq Ft

$70

$74

-$4 (-5%)

$92

-$22 (-24%)

Long-Term Rental
rental income
This estimate is computed using a proprietary model. It is a starting point in determining the potential rental income for a property. Learn More.

Net Operating Income

$*****

$***** (****%)

$27,214

-$2,455 (-9%)

Annual Revenue

$44,400

$0 (0%)

$44,400

$0 (0%)

$*****

$*** (****%)

$14,177

$5,464 (39%)

Net Operating Income

$*****

$***** (****%)

$27,214

-$2,455 (-9%)

Cap Rate

****%

—

4.23%

—

View Zip code Data

Home Value Comparison

Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

Cell Phone	(415) *-**View Cell Phone
Residence	****************
Landline	(415) 285-8655
Distance from Property	**********
Email Address	*********@yahoo.comView Email

Property Condition	*******View Condition
Property Type	Single Family Home
Total Bedrooms	3
Total Bathrooms	2
Year Built	1973
Building Sq Ft	1,243 sq ft
Lot Size	0 Acres
Living Space	1,243 sq ft
Heating / Fuel	Central
Roof Covering	Wood Shake/Shingle
Fireplace	Yes
Fireplace Type	Type Unknown
Sewer	Public

APN	116-030-009-000
Census Tract	0201051001
County	Placer
Subdivision	Agate Bay Uplands N
Zoning	018
Neighborhood	96140
Longitude / Latitude	-120.071457 / 39.238201
Lot Size	11,834 sq ft

5851 Korlebu Ln Carnelian Bay, CA 96140

property value

$826,496

market valuation

$917,720

market valuation

$917,720

investment intelligence

Investment Potential for 5851 Korlebu Ln

rental income

property appreciation

Last Sale Amount

$550,000

property value

$826K

($790K - $863K)

5-year appreciation

rental income

operating expenses

Owners & Occupancy for 5851 Korlebu Ln

Occupancy

Appreciation Since Purchased

$276,496

Number of Owners

2

Property Owners

Michele Chiapella, age

John R Brewer, age **

Property Ownership Information

Occupancy

Property Details for 5851 Korlebu Ln

Property Age

52 years

Property Details

Property Sq Ft

Living Area

Lot Size

Price Per Sq Ft

Living Area

Lot Size Area

Property Information

Land & Location Information

Recommended Properties in 96140

$840K - $921K

Est. Value

5327 N Lake Blvd, Carnelian Bay, CA 96140

4 beds · 2 baths · 1,842 sq ft · Last Sold: $425,000 in 2015 · Built: 1946

$1.27M - $1.39M

Est. Value

4515 Huckleberry Dr, Carnelian Bay, CA 96140

4 beds · 2 baths · 2,148 sq ft · Built: 1972

$788K - $859K

Est. Value

5887 Ophir St, Carnelian Bay, CA 96140

3 beds · 1 baths · 1,372 sq ft · Built: 1950

$740K - $826K

Est. Value

5676 Victoria Rd, Carnelian Bay, CA 96140

4 beds · 2 baths · 1,224 sq ft · Last Sold: $415,500 in 2007 · Built: 1967

$724K - $780K

Est. Value

5799 Dodowah Rd, Carnelian Bay, CA 96140

3 beds · 2 baths · 1,994 sq ft · Built: 1964

$898K - $979K

Est. Value

5621 Dodowah Rd, Carnelian Bay, CA 96140

3 beds · 3 baths · 2,006 sq ft · Last Sold: $587,000 in 2011 · Built: 1988

$698K - $770K

Est. Value

5261 N Lake Blvd, Carnelian Bay, CA 96140

4 beds · 1 baths · 1,384 sq ft · Last Sold: $324,000 in 2012 · Built: 1957

$599K - $665K

Est. Value

4470 Piney Wood Rd, Carnelian Bay, CA 96140

2 beds · 1 baths · 1,232 sq ft · Last Sold: $432,000 in 2014 · Built: 1975

$871K - $968K

Est. Value

5795 N Lake Blvd, Carnelian Bay, CA 96140

3 beds · 2 baths · 1,315 sq ft · Last Sold: $367,100 in 2014 · Built: 1957

$1.04M - $1.18M