Zip Code
5915 Korlebu Ln, Carnelian Bay, CA 96140
5 beds · 2 baths · 1,537 sq ft · Lot: 13,137 sq ft · Single Family Home · Built: 1966
Est. Value:
$970K
Est. Rent:
$3.6K/month

5915 Korlebu Ln Carnelian Bay, CA 96140

5 beds · 2 baths · 1,537 sq ft · Lot Size: 13,137 sq ft · Single Family Home
Est. Property Value: $969,984

High Demand Long-Term Rental

Get AI-powered intel on property income potential, propensity to sell and other key info to close on the right property.

5915 Korlebu Ln is in the 96140 neighborhood of Carnelian Bay, CA. It is located in Placer County and ZIP code 96140. This Single Family Home was built in 1966 and is approximately 59 years old. The single family home spans 1537 sq ft with 5 bedrooms and 2 bathrooms and sits on a 13137 sq ft lot. According to public records, it was sold for $48,500 and has a tax-assessed value of $720,270, which is $631 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 5915 Korlebu Ln Carnelian Bay, CA 96140 with Property Intel by Whitepages.

Investment Potential for 5915 Korlebu Ln

The property has a current estimated value of $969,984, which is 13% below the zip median, based on public records. It last sold for $48,500. Projected long-term
is $43,800 annually ($3,650 per month) with a 26% occupancy rate.

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Long-Term

Gross Rental
$43,800 per year($3,650 per month)
Net Operating Income
$*****View Net Operating Income
Cap Rate
****%View Cap Rate
Occupancy Rate
26%in 96140 zip code
 
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Owners & Occupancy for 5915 Korlebu Ln

No contact information is available.

Occupancy

Current Occupancy******View Occupancy

Property Details for 5915 Korlebu Ln

Property Details

Property Sq Ft

Living Area

1,537 sq ft

31% below market

Lot Size

13,137 sq ft

5% above market

Price Per Sq Ft

Living Area

$631 / sq ft

14% above market

Lot Size Area

$74 / sq ft

15% below market

Property condition, age, exterior, etc. for 5915 Korle…
Longitude: -120.070446 Latitude: 39.238407 Parcel Number (APN): 116-030-012-000…
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Recommended Properties in 96140

Discover more single family homes near 5915 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.

Market Benchmarks

Compare data for 5915 Korlebu Ln in Placer County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$969,984
$828,362
$141,623 (17%)
$*******
$1,023,933
$316,858 (31%)
YoY Price Change
****%
1.04%
-438%
Year Built
1966
1981
-15 years
Living Space
1,537 sq ft
2,263 sq ft
-726 (-32%)
$ Per Living Sq Ft
$631
$406
$225 (55%)
Lot Size
13,137 sq ft
7,612 sq ft
5525 (73%)
$ Per Lot Sq Ft
$74
$110
-$36 (-33%)

Net Operating Income
$*****
$26,929
$1,702 (6%)
Annual Revenue
$43,800
$44,400
-$600 (-1%)
$*****
$18,058
-$2,889 (-16%)
Net Operating Income
$*****
$26,929
$1,702 (6%)
Cap Rate
****%
3.4%
—
View Zip code Data
Home Value Comparison: Property vs. Local and Regional 5-Bed Single Family Home Medians

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