2545 Greenwood Lane Cameron Park, CA 95682

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$275,000

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0.88 Acres
Land
MLS# 20024858

2545 Greenwood Lane, Cameron Park, CA 95682

Listing provided courtesy of: Capital Valley Realty Group

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Wednesday 19 Aug

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Property Details

Description

EXCELLENT VALUE on this very buildable MULTI-FAMILY lot. Choose your own site plan and property type to maximize your project's potential. Seller has prepared possible site plan layouts from 8 to 12 units for visual purposes that are not approved by county however they are designed to address many zoning standards and other requirements. Each site plan is designed to preserve the large heritage oak for open space that could be removed for more units. This is a relatively flat parcel with only 4 other oak trees at the parcel edges. It's fenced and gated presently. County TIM fees in Zone 2 have been reduced to $12,877. Affordable housing can reduce even more and age restricted TIM fee is only $5,192 now! Rents are increasing and virtually little rental inventory. County is eager to get housing developed outside of El Dorado Hills too. Construct attached senior cottages, detached single family homes or attached townhomes. Market is strong for all product types. Developer dream!

General Features
- Subdivision Cambridge Village
- Acreage 0.87
- Approx. Lot Sq. Ft. 38259
- HOA No
- HOA Dues $0
- Current Use Bare Land
- County El Dorado
Property Features
- # of Lots 0
- Site Location Snow Line Above
- Road Surface Paved
- Road Frontage Public Maintained Rd
- Outbuildings None
- Irrigation Public Water at Site
- Water Irrigation District, Public at Site, Public District, Other-Rmks
- Utility Electricity to Site
- Vegetation Trees Few
- Crops None
- Improvements Curb(s), Fenced, Gutters
- Special Conditions Other-Rmks
- Probable Use Multi-Residential, Subdivision, Other-Rmks
- Miscellaneous Airport Nearby, Hotel/Motel Nearby, Public Trans Nearby, Restaurant Nearby, Shopping Cntr Nearby
- Equipment Included None
Schools
- Elementary School Buckeye Union
- Middle School Buckeye Union
- High School El Dorado Union High

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Neighborhood

95682 (Cameron Park) Demographics

44 Median Age

370 Population Density (per sq. mile)

43% College Educated

$77,993 Estimated Median Income

7,846 Estimated Total Home Owners

3,173 Estimated Total Renters

71% / 29% Estimated Owner / Renter Divide

3 Estimated Average Household Size

30,033 Total Population

Community data courtesy of LiveBy, Inc.

Market Last 30 Days In This Postal Code

$530,000 Median Sales Price

17 Homes Sold

56 New On Market

Average Days on Market

Properties for Sale

Property History

Date	Event	Price	Percent Change
--	Current Price Source	New Value: $275,000
5/2/2020 4:45:00 AM	New in Database Source	New Value: $275,000

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**Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

Information is provided in part by the IDX program of METROLIST SERVICES, INC. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information last updated 8/14/2020 10:50:58 PM. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Terms of Use

Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.

2545 Greenwood Lane $275,000