20655 Placer Hills Road, Colfax, CA 95713, Colfax, 95713 - 3 bed, 5 bath
20655 Placer Hills Road
Colfax, CA 95713
Property Price
SUMMARY
Analysis of 20655 Placer Hills Road, Colfax, CA 95713 is currently available with a list price of $699,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Colfax Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property, built in 1989, is well-maintained and functional, but the kitchen and bathrooms feature dated elements such as oak cabinets, tile countertops, and older fixtures. While some appliances are updated, the overall aesthetic in these key areas, along with the absence of central air conditioning, indicates that minor updates would be required to meet current buyer preferences. The property fits the 'fair' criteria of being aged but maintained, with functional major components showing signs of being outdated.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 65340, living area = 3164.
- Owner Financing Available
Motivated sellers are offering owner financing at a competitive 5% rate to qualified buyers, significantly easing the financial barrier to entry.
- Flexible Living Arrangements
The property features a street-level suite with a separate living area, bedroom, and bath, ideal for guests, multi-generational living, or potential ADU/rental income.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
- Lack of Central Air Conditioning
While equipped with a whole house fan and roof-top sprinkler system for cooling, the absence of traditional central air conditioning may be a drawback for some buyers.
- Propane Dependence
The reliance on 2 owned propane tanks for heating and potentially other utilities may be less convenient or preferred by buyers accustomed to natural gas.
About 20655 Placer Hills Road
Motivated Sellers Offer Owner Financing at 5% Rate to Qualified Buyers! Bright, open, and private Weimar home in the beautiful Sierra Foothills! This main-floor living residence features an airy open-concept layout filled with natural light, thanks to large windows, skylights, and garden views. Bedrooms are thoughtfully placed on opposite ends for privacy - ideal for families, guests, or multigenerational living. One street level suite offers privacy with a large living area, separate bedroom, and full bath that is perfect for guests, ADU use, or rental potential. Enjoy multi-level decks for entertaining and a spa off the living room for relaxing or stargazing. Energy-efficient features include a whole house fan, 2 Owned Propane Tanks, and a roof-top sprinkler system for added summer cooling. Detached 2-car garage plus workshop with half bath for hobbies or storage. Extensive paved driveway, RV/boat parking with cover, fenced garden with raised beds, fruit trees, and a charming garden cottage. Easy freeway access and a peaceful foothill setting make this home the perfect blend of comfort, flexibility, and outdoor living.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1989
- Lot Size
- 65,340 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 5 (5 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 5.0 | 2.0 | 92% |
| Square foot | 3,164 | 1,828 | 86% |
| Lot Size | 65,340 | 65,340 | 50% |
| Price | $712.5K | $529.0K | 75% |
| Price per sq ft | $225 | $276 | 22% |
| Built year | 1989 | 1982 | 65% |
| HOA | $0 | $0 | 50% |
| Days on market | 157 | 211 | 27% |
Pricing History
Sold
Nov 7, 2025
$712,500
Public Record
Sold
Jul 30, 2004
$587,000
Public Record