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1083 Hedgeside Ave
Score
0
Napa, CA

1083 Hedgeside Ave

7.5M
4 bd • 5 ba • 4,212 sf

This analysis was generated on 2/24/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

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List Price

$7,500,000

Price/Sq.Ft

$1,781

Year Built

2021

AI Property Analysis

A comprehensive evaluation of this property's features, market position, and investment potential.

The Good

• Newly built luxury home (2021): The property offers modern amenities, high-end finishes, and energy-efficient systems, reducing maintenance costs and enhancing comfort. • Vineyard views and 1-acre lot: The property provides a private and scenic setting, appealing to buyers seeking a tranquil Napa Valley lifestyle. • High-end features and design: Custom lighting, marble floors, and designer cabinetry create a luxurious living experience. • Amenities: The media room, gym, pool, and spa provide ample opportunities for entertainment and relaxation. • Electric vehicle chargers: cater to environmentally conscious buyers with electric vehicles.

The Bad

• High price per square foot: At $1780.63/sqft, the property is significantly more expensive than the Napa County average of $750/sqft, potentially indicating overpricing. • Major flood and fire risks: The flood risk (5/10) and fire risk (6/10) necessitate expensive insurance and potential mitigation measures, increasing ownership costs. • Extreme air quality risk: With a score of 9/10 and 16 bad air days per year, the property may not be suitable for individuals with respiratory sensitivities. • Declining school ratings: Silverado Middle School's rating of 4/10 is below average, potentially impacting property value and desirability for families with children. • Long days on market: The 194 days on market indicate potential issues with pricing, marketing, or property condition, requiring further investigation.

The Ugly

• Extremely high insurance costs: At $27,000/year, the insurance premium significantly increases the total cost of ownership, potentially deterring buyers. • History of price reductions and listing removals: The property has undergone multiple price reductions and listing removals, suggesting potential issues with pricing or market appeal. • Flood Risk: The FEMA Zone X_UNSHADED may suggest limited flood insurance coverage options. • Air Quality Risk: The EXTREME air quality risk could lead to health issues and impact the enjoyment of outdoor spaces. • Total Crime Rate: 145.5 per 100,000 residents, while better than state and national averages, may still be a concern for some buyers.

Who is this property for?

These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.

Best For

• High-net-worth individuals seeking a luxury Napa Valley retreat: The property's high-end finishes, vineyard views, and amenities like a pool, spa, and gym cater to those desiring an exclusive lifestyle. • Buyers prioritizing modern amenities and recent construction: Built in 2021, the home offers contemporary features such as EV chargers, smart home technology, and energy-efficient systems, appealing to tech-savvy buyers. • Individuals valuing privacy and outdoor living: The 1-acre lot, en-suite bedrooms, and outdoor entertainment area with a built-in BBQ provide ample space for relaxation and hosting guests. • Buyers who can comfortably afford estimated monthly costs of $40,000+: Considering a 20% down payment, a 7% interest rate, ~$2,250/month insurance, and ~$833/month property taxes, the estimated monthly costs could be approximately $40,000. This is suited for individuals with a high debt-to-income ratio.

Not For

• Buyers on a strict budget or seeking affordable housing: The high price point and associated costs (insurance, taxes, maintenance) make this property unsuitable for those with limited financial resources. • Individuals concerned about environmental risks: The major flood and fire risks, along with the extreme air quality risk, may deter buyers seeking a low-risk environment. • Buyers prioritizing top-rated schools: The average school ratings (6/10 and 4/10) may not meet the needs of families seeking highly-rated educational institutions. • Those seeking a quick return on investment: The high purchase price and property taxes may result in a lower rental yield compared to other investment opportunities.
Demographics
Area Median Income

$102,244

Property History

Price History
Ownership Timeline
$3,461,000Financed
Sep 10, 2019
John Schrader, Nyra SchraderCortex Tech Llc
Grant Deed
Non-Residential Arm's Length Transactions
$0Financed
Jun 1, 2017
John Schrader, Nyra KrstovichJohn Schrader, Nyra Krstovich
Intrafamily Transfer
Non-Arm's Length Transactions
$1,195,000Cash Purchase
Apr 20, 2017
Steven M Carlin, Kellie P CarlinJohn Schrader, Nyra Krstovich
Grant Deed
Standard Sale (Purchase/Resales)
$895,000Financed
Mar 25, 2016
Blake Todd, Brenda L ToddCarlin Family Trust, Kellie P Carlin
Grant Deed
Non-Residential Arm's Length Transactions
$0Cash Purchase
Jan 29, 1997
Huff Brenda Todd & Blake , Blake ToddBlake Todd, R Blake Huff
Intrafamily Transfer
Non-Arm's Length Transactions

Property Taxes

$58,143
2024 Tax Assessment
1.9%from previous year
Assessed Value$5,310,734
Tax Rate1.09%

Sunlight Analysis

Visualize how sunlight affects this property throughout the day and year.

Sunlight Analysis

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Schools

Nearby school quality by education level

Middle

4.0/10
Average

High

6.0/10
Good

Financials

Monthly Costs
Market Rent (4 bed)

$1,640

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