Why are we selling Spring Valley?

In addition to Spring Valley, we own a home in Healdsburg. After successfully overcoming a recent MD inflicted illness (Hepatitis C!) and another illness (one each), Jenny and I feel owning two homes is too much for our needs and ages. We are totally over our illness; but the experience has had a lasting philosophical impact on each of us.

What improvements are we contemplating?

This past summer we installed a new 10,000 gallon concrete tank and a 3,000 gallon poly-tank on the hill near our spring. The spring tank gives us natural water pressure should power go out. The concrete tank gives us added volume and pressure (electric) for the extensive gardening we have planned.

As such, all service lines from each tank to our home are 2 inch, much larger than any consultant recommended.

If we do not sell our property this summer, we plan a new pump house which will house the pressure tank and provide atv storage. This past summer we installed a new 100 amp supply line, 1,000 feet from our homes service panel via underground conduit, to the pump house site. This panel will also provide additional power to a new electric gate.

Prior to the illness' we experienced after buying Spring Valley, we installed a new 6-bedroom septic system. We also had drawings made of our remodel of the home. Briefly, this included raising the ceiling in living room (saving the other half for new plumbing) and changing the back two-bedroom section of the home into one large master, walk in closet, custom bath...etc.

Since the house is on a slab, we are going to have it polished similar to what many of the wineries have done to their tasting rooms.

Value information.

December 18, 2009, a 30 acre property located at 7451 W. Dry Creek road, with views, well and power, no home, reservoir or other amenities, sold for $1,300,00. (MLS # 20926784)

November 6, 2009, a 83 acre four lot subdivision ten minutes from Healdsburg, views, tentative map (4 lots), no utilities, perc test, no septic installed, no reservoir, but estate quality views sold for $1,900,000 with no existing water system (MLS # 20922819)

August 25, 2009, a 40 acre property located at 1333 W. Dry Creek Road sold for $1,225,000. Mostly steep, forested hillsides except for ridge-top view site where there was a "place-holder" modular home to justify future development. No reservoir, open meadows, redwoods, or regular home. (MLS # 20900002)

October 24, 2008, a mile further up Mill Creek Road, a 36 acre property located at 9440 Mill Creek Road sold for $1,350,000. Property had all utilities and a 2,767 square foot, two story home. (MLS # 20803992)

June 16, 2008, another nearby 42 acre property located at 12076 Cloud Ridge sold for $1,634,000. This property had all utilities and a beautifully designed, 2,500 square foot, two story home. (MLS # 20810158)

May 29, 2008, a nearby 42 acre property located at 12285 Cloud Ridge sold for $1,325,000. No home, reservoir, 6-bedroom standard septic system or electrical power existed. It did have an existing 10,000 gallon concrete water tank and a good well. (MLS # 20810183)

April 11, 2008, a 53 acre property located at 5745 Pine Flat Road sold for $1,300,000. It had well, power and 3 bedroom septic installed. It did not have a residence. (MLS # 20709607)

On March 23, 2006, we refinanced our property. The bank appraisal was $1,600,000. [Comparable sales listed below, old to recent. NOTE: Few acreage-type properties ever come on the market near Healdsburg!] Join "clean offer" service in this web site. See if you can find 40 acres, with septic, reservoir, power that has lots of useable land 18 minutes from Healdsburg.




Clean Offer Service

Clean Offer is provided to assist your evaluation of 7771 Mill Creek, Healdsburg. It provides the actual, current (updated every 30 minutes) Multiple Listing Service (MLS) information Realtors use in their business! If you log into the service provided here, you can search properties with similar amenities of 7771 Mill Creek. You will quickly see $1,200,000 asking price is below market. If you wish to make an offer on 7771 Mill Creek, you can use that data to challenge the $1,200,000 price for 7771 Mill Creek and support the legitimacy of your offer.

About us, the owners:

Yes, Jenny and I (Owners of 7771 Mill Creek) have licenses in real estate. We have always spent 80% of our time selling seller-carryback first notes. To get away from the tedium of office work, 20% of our time is spent finding people property. We love the challenge of locating property for people. We specialize in the Kentfield-Ross corridor of Marin County and, of course, Sonoma County. Visit our website, if you like at www.titleinvestments.com .

Carryback notes are loans originated by property sellers who owned their property free of any debt at the time they sell their property. Sometimes, after they sell, they discover a better use of their money than the note's payments and interest their note was set up to earn. We buy and sell these notes/mortgages. We do not "originate" loans, ever.