Score
0North Fork, CA
32633 Road 222
450K
3 beds
2 baths
1,896 sqft
3 bd • 2 ba • 1,896 sf
This analysis was generated on 1/24/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.
List Price
$449,999
Price/Sq.Ft
$237
Year Built
1990
AI Property Analysis
A comprehensive evaluation of this property's features, market position, and investment potential.
The Good
This 1,896 sqft property, priced at $449,999 ($237.34/sqft), sits on a generous 7-acre lot in North Fork, CA. The location offers stunning mountain views, river access, and proximity to Bass Lake and Yosemite. Built in 1990, it's relatively newer for the area. The open concept layout, large patio deck, and walk-in closet in the primary suite add value. At $237.34/sqft, it's priced competitively compared to the median price of $258/sqft in North Fork. The property has appreciated 36.4% since its last sale in January 2023, outperforming the local market average of 8.5% annual appreciation. The minimal flood risk (1/10) is a significant advantage in a mountainous area.
The Bad
The extreme fire risk (10/10) and air quality risk (10/10) are major concerns, potentially leading to high insurance costs and health issues. The property relies on propane, which can be more expensive than natural gas. The local schools have average ratings (5/10 and 6/10), which may impact future resale value. The estimated insurance cost of $1,619.99/year is higher than the national average of $1,200/year, likely due to the fire risk.
The Ugly
The extreme fire risk could make fire insurance difficult to obtain or extremely expensive. With 63 bad air quality days per year, residents may face significant health challenges. The property's rural location means limited access to services and potentially unreliable internet. The septic system and well water typical in this area could require costly maintenance or replacement. The steep, winding mountain roads could pose accessibility issues, especially during winter.
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
This property is ideal for nature enthusiasts, remote workers, or retirees seeking a peaceful mountain retreat with ample outdoor space. It suits buyers with a household income of at least $120,000 (based on a 28% DTI ratio for a $360,000 mortgage). The 7-acre lot provides opportunities for hobby farming, off-grid living, or future development. Investors could potentially tap into the vacation rental market, given the proximity to Yosemite and Bass Lake.
Not For
This property is not suitable for those requiring easy access to urban amenities or medical facilities. Families prioritizing top-rated schools should look elsewhere. It's not ideal for those with respiratory issues due to the extreme air quality risk. The fire risk and potential insurance costs make it unsuitable for risk-averse buyers or those on a tight budget. Commuters or those needing reliable high-speed internet should consider alternatives.
Demographics
Area Median Income
$60,982
Property History
Price History
Ownership Timeline
$330,000Financed
Dec 21, 2022Dina M Owen, The Violet C Owen Grantor TrustAntonio Tapia, Nilia Tapia
Grant Deed
Standard Sale (Purchase/Resales)
$0Cash Purchase
Jan 20, 2022Violet C OwenViolet C Owen, Violet C Owen Grantor Trust
Intrafamily Transfer
Non-Arm's Length Transactions
$180,000Financed
Nov 25, 2013Richard R Patterson, Vivian L PattersonViolet C Owen
Grant Deed
Standard Sale (Purchase/Resales)
$0Cash Purchase
Dec 18, 2007Richard R Patterson, Vivian L PattersonRichard R Patterson, Vivian L Patterson
Intrafamily Transfer
Non-Arm's Length Transactions
Property Taxes
$3,654
2024 Tax Assessment
64.4%from previous year
Assessed Value$336,600
Tax Rate1.09%
Sunlight Analysis
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Sunlight Analysis
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Schools
Nearby school quality by education level
High
3.0/10
Below AverageFinancials
Monthly Costs
Market Rent (3 bed)
Get a detailed estimate on Zillow$967
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Location & Comparables
Subject Property
Comparable Sales
Subject Property
Price
$449,999
Price/sqft
$237
Layout
3 bd•2 ba
Stats in the Area
Based on 3 comparable properties nearby
Average Price
$353,333
27.4%
Your price is 27.4% above average
Median Price
$380,000
18.4%
Based on 3 recent sales
Price per Sq.Ft
$184
29.0%
Your price is 29.0% above average $/sqft
Comparable Properties
| Address | Price | Sq.Ft | Beds | Baths | $/Sq.Ft | Sale Date |
|---|---|---|---|---|---|---|
| 32162 Maranatha Drive, North Fork, CA 93643 | $380,000 | 1,889 | 3 | 2 | $20115.2% | 11/11/2024 |
| 32162 Maranatha Drive, North Fork, CA 93643 | $380,000 | 1,889 | 3 | 2 | $20115.2% | 11/11/2024 |
| 32858 De Na Lane, North Fork, CA 93643 | $300,000 | 2,000 | N/A | 1 | $15036.8% | 9/9/2024 |
32162 Maranatha Drive, North Fork, CA 93643
Price: $380,000
Sq.Ft: 1,889
Beds/Baths: 3/2
$/Sq.Ft:
$20115.2%
Sale Date: 11/11/2024
32162 Maranatha Drive, North Fork, CA 93643
Price: $380,000
Sq.Ft: 1,889
Beds/Baths: 3/2
$/Sq.Ft:
$20115.2%
Sale Date: 11/11/2024
32858 De Na Lane, North Fork, CA 93643
Price: $300,000
Sq.Ft: 2,000
Beds/Baths: N/A/1
$/Sq.Ft:
$15036.8%
Sale Date: 9/9/2024
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