Residential Land Study 2025.pdf
Daniel R Schwartz, Petitioner V Township Of California, Respondent · 25-003332-TT
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Page 1
California Township Residential Land Sales for 2025 Residential Sales only Prepared February 12, 2025 Sales April 1, 2022 thru March 31, 2024: No vacant Residential Sales Parcel Number Street Address Sale Date Sale Price Instr. Terms of Sale Adj. Sale $ Asd. when Sold Asd/Adj. Sale Cur. Appraisal Land Residual Est. Land Value Effec. Front Depth Net Acres Total Acres Dollars/FF Dollars/Acre Dollars/SqFt Actual Front ECF Area Liber/Page Other Parcels in Sale Land Table Inspected Date Class Rate Group 1 160-010-400-010-00 868 PHILLIP RD 10/17/23 $190,000 WD 03-ARM'S LENGTH $190,000 $49,203 25.90 $131,393 $74,807 $16,200 206.0 210.0 1.00 1.00 $363 $74,807 $1.72 206.00 4020 2023-05902 4020 RESIDENTIAL 12/29/2023 401 160-011-100-005-00 841 PHILLIP RD 09/18/23 $363,650 WD 03-ARM'S LENGTH $363,450 $158,902 43.72 $363,014 $22,182 $21,746 505.0 223.0 2.59 2.59 $44 $8,581 $0.20 505.00 4020 2023-05136 4020 RESIDENTIAL 12/28/2023 401 160-014-100-005-03 935 PHILLIP RD 06/22/22 $380,000 WD 19-MULTI PARCEL ARM'S LE $380,000 $114,009 30.00 $274,353 $210,947 $105,300 1,053.9 1670.0 20.20 20.20 $200 $10,443 $0.24 1,053.89 4020 2022-04582 160-014-100-005-02 4020 RESIDENTIAL 8/30/2022 401 160-024-200-005-02 1001 KELLEY RD 08/12/22 $400,000 WD 19-MULTI PARCEL ARM'S LE $395,000 $134,257 33.99 $313,712 $141,083 $59,795 580.0 1368.2 10.00 10.00 $243 $14,108 $0.32 330.00 4020 2022-05838 160-024-200-005-03 4020 RESIDENTIAL 1/10/2013 401 160-024-200-035-00 1090 KELLEY RD 11/27/23 $182,500 WD 03-ARM'S LENGTH $182,500 $62,671 34.34 $175,972 $101,628 $95,100 1,320.0 587.4 18.51 18.51 $77 $5,490 $0.13 1,320.00 4020 2023-06533 4020 RESIDENTIAL 11/22/2019 401 Totals: $1,516,150 $1,510,950 $519,042 $1,258,444 $550,647 $298,141 3,664.9 52.30 Sale Ratio => 34.35 Average Average Average Std. Dev. => 6.62 per FF=> $150 per Acre=> $10,530 per SqFt=> 0.24 Land First Remaining Net Acres Dollars/Acre Residual Acre Land Value Remain Ac Remain $/Ac 1.00 $74,807 $74,807 $20,000 $54,807 0.00 #DIV/0! 2.59 $8,581 $22,182 $20,000 $2,182 1.59 $1,377 20.20 $10,443 $210,947 $20,000 $190,947 19.20 $9,945 10.00 $14,108 $141,083 $20,000 $121,083 9.00 $13,454 18.51 $5,490 $101,628 $20,000 $81,628 17.51 $4,662 Totals: 52.30 $113,430 $550,647 Simple Avg: H28/5 $22,686 Weighted Avg: I29/G29 $10,530 H29/G29: $2,169 For Rural Residential Parcels: Building Site: $20,000 Based on table above for Residential Sales Rural Residential: $4,500 Based on 18.51 ac sale above and same rate as non-tillable ROW Tillable: $6,500 Based on Ag sales Non-tillable: $4,500 Based on Ag sales Woods: $5,000 Per Recreational Sales