The Mayor received first hand information regarding a vacant property in Santa Rosa, CA. (yes, it's a long way from Tahoma). The site includes 10+acres of flat land, 1/4 mile north of Rohnert Park. While rural in character, this parcel has been for sale for a few years with no takers due to Sonoma county development restrictions and habitat considerations for the infamous California Tiger salamander, the bane of developers throughout the county.
The parcel has PG&E gas and electric at the prop line, and adjacent parcels are restricted to 10a. minimums.
What then, is the issue? Answer: it closed Thursday in a private party transaction, not family related, for , are you ready?------$35,000!!!!!!!!
That's right-$35,000. cash. Seller had inherited the property from a distant relative, hence the assessment was above $300000 by county records.
It has an approved perc and all the parcel needs for development is a well, and it's in the best well water area of Sonoma County.
Lesson learned: a little luck, a little aggressive action, and good things can happen.
Sonoma county assessor just bought more Pepto-Bismal as the sale price will lower the property taxes over 90%.
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