Question
sales Comparison Approach Data, Comparable #1 is located at 1236 Zinfandel Bluff Drive (same street as the subject). It is a 1,944 square foot home
sales Comparison Approach Data,
Comparable #1 is located at 1236 Zinfandel Bluff Drive (same street as the subject). It is a 1,944 square foot home on a 6,000 square foot lot. It was built in 2012. It has a 3-car garage in a tandem configuration. There is a fireplace in the family room. Its transaction closed on 2/18/2023 for $560,000 with conventional financing (MLS #20228834, Document #2186518).
Per county records, this home has not transferred title in the year prior to this sale.
Comparable #2, 1235 Vineyard View Drive, is 1 block from the subject. This 11-year-old home has 2,069 square feet with a 2-car garage and a fireplace. Its lot is 59 x 100. This comp closed escrow on 3/30/2023 for $562,500 with a conventional loan (MLS #20230484, Doc #3303719). This home had a prior sale on 04/21/2021 for $545,000 per county records (Doc
#4217333)
Comparable #3 closed on 03/28/2023 for $558,000 with a conventional loan (MLS #20235909, Doc #3281732). It is a 1,944 square foot home with a tandem 3-car garage. The home was built in 2013. Lot size is 0.14 acre. It does not have a fireplace. This comp is 3 blocks from the subject at 1419 Grape Crush Way. Per county records, this comp has not transferred title in the year prior to this transaction.
Comparable #4 is 1193 Noble Rot Way which is 4 blocks from the subject. This home has a closing date of February 15, 2023. Sale price of this 10-year-old home was $566,000 with a conventional loan. On a 10,000 square foot lot, this 1,944 square foot home has a fireplace and a 3-car tandem garage. Source: MLS #20236701. Confirmed: Doc #2156218. This comp has not transferred title in the year prior to the closing date.
Comparable #5 is 3 blocks from the subject at 1237 Old Vine Zin Drive. It is a 2,069 square foot home built in early 2014. On an 80'x 125' lot, this home includes a 3-car tandem garage and a fireplace. It closed on 3/19/2023 for $572,500 and was financed with a conventional loan (MLS #20239716; Doc #3192691). There are no prior title transfers in the year preceding this sale per county records.
Comparable #6 is at 1133 Grand Meritage Drive, 2 blocks from the subject. It closed on 4/10/2023 for a sale price of $550,000 (MLS #20232221, Doc #4107373). Conventional financing was used. It has a 5,700 square foot lot. This 9-year-old home is 1,801 square feet with a 3-car tandem garage; there is no fireplace. Per county records, the seller was a lender which owned the property due to foreclosure; the lender acquired the home through a transfer that occurred on 5/25/2021.
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