5905 Korlebu Ln Carnelian Bay, CA 96140

4 beds · 2 baths · 2,396 sq ft · Lot Size: 13,122 sq ft · Single Family Home
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Good value per sqftOwned for 5 - 10 YearsOwner Age 45 - 55

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5905 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 2396 sq ft with 4 bedrooms and 2 bathrooms and sits on a 13122 sq ft lot. According to public records, it was last sold in 2017 for $699,000. Analyze and compare real estate investment strategies for properties like this home at 5905 Korlebu Ln Carnelian Bay, CA 96140 with Property Intel by Whitepages.

Investment Potential for 5905 Korlebu Ln

The property has a current estimated value of $954,592, which is 5% below the zip median, based on public records. It last sold on June 05, 2017 for $699K. Projected long-term
is $45,600 annually ($3,800 per month) with a 26% occupancy rate.

Long-Term

Gross Rental
$45,600 per year($3,800 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 5905 Korlebu Ln

This property is owned by Julie M Kaley. Owner contact information includes 10 phone numbers and 5 email addresses.

Property Owners

Cell Phone(209) ***-****
Residence*********
Landline(209) 253-0187+ 4 more
Distance from Property**********
Email Address**********@yahoo.com
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Property Ownership Information

Purchase DateJune 05, 2017
Property Tax Amount$9,501 in 2024
Purchase Price$699,000

Occupancy

Current Occupancy******View Occupancy

Property Details for 5905 Korlebu Ln

Property Details

Property Sq Ft

Living Area

2,396 sq ft

Compare to 96140

Lot Size

13,122 sq ft

Compare to 96140

Price Per Sq Ft

Living Area

$398 / sq ft

Compare to 96140

Lot Size Area

$73 / sq ft

Compare to 96140
Compare to Zip Median
Property condition, age, exterior, etc. for 5905 Korle…
Longitude: -120.070773 Latitude: 39.238327 Parcel Number (APN): 116-030-011-000…
Mortgage originated on through lender: Supreme Lndg for$******View Mortgage Details
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Market Benchmarks

Compare data for 5905 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
$954,592
$836,803
$117,789 (14%)
$*******
$1,068,637
$167,628 (16%)
YoY Price Change
****%
1.04%
-13%
Year Built
1966
1981
-15 years
Living Space
2,396 sq ft
2,262 sq ft
134 (6%)
$ Per Living Sq Ft
$398
$410
-$11 (-3%)
Lot Size
13,122 sq ft
7,616 sq ft
5506 (72%)
$ Per Lot Sq Ft
$73
$111
-$38 (-34%)

Net Operating Income
$*****
$27,317
-$4,228 (-15%)
Annual Revenue
$45,600
$45,600
$0 (0%)
$*****
$17,435
$5,076 (29%)
Net Operating Income
$*****
$27,317
-$4,228 (-15%)
Cap Rate
****%
3.18%
—
View Zip code Data
Home Value Comparison: Property vs. Local and Regional 4-Bed Single Family Home Medians