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12551 Palmer Rd

Nevada City, CA 95959

3 bd 3 ba 2,272 sqft Built 1982 Lot 217,800 sqft single_family
Most recent sale
$670,000
Jul 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 13, 2022 Sold $670,000 MLS #222041712
May 11, 2022 Price changed $699,000 MLS #222041712
Apr 9, 2022 Listed $727,000 MLS #222041712
May 31, 2007 Sold $580,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $460,224 $195,840 $656,064 $7,221
2024 $460,224 $195,840 $656,064 $7,064
2023 $451,200 $192,000 $643,200 $7,055
2022 $381,100 $287,600 $668,700 $7,379
2021 $331,400 $250,100 $581,500 $6,338
2020 $288,200 $217,500 $505,700 $5,588
2019 $282,500 $213,200 $495,700 $5,477

Property facts

Year built
1982
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,272 sqft
Lot size
217,800 sqft
ZIP code
95959
City
Nevada City
Street
Palmer Rd
Coordinates
39.31815, -120.97632

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$7,270
Gross rental yield
13.02%
Implied cap rate
8.46%
Trend-extrapolated value

Frequently asked questions

When did 12551 Palmer Rd last sell?
12551 Palmer Rd most recently sold on Jul 13, 2022 for $670,000.
What is the current tax assessment for 12551 Palmer Rd?
The most recent total assessment for 12551 Palmer Rd (year 2025) is $656,064 with $7,221 in property tax.
How does 12551 Palmer Rd's assessment compare to its last sale price?
The current assessment is 2.1% below the last sale price of $670,000.
When was 12551 Palmer Rd built?
12551 Palmer Rd was built in 1982.
How does 12551 Palmer Rd compare to others on Palmer Rd?
We track 4 other properties on Palmer Rd. Browse the list under "Other properties on Palmer Rd" to compare beds, baths, and sale history.
What are the property facts for 12551 Palmer Rd?
12551 Palmer Rd is a 3 bed, 3 bath, 2,272 sqft, 217,800 sqft lot single_family.
Is 12551 Palmer Rd a flip candidate?
No — 12551 Palmer Rd does not appear in our flips dataset.
Is 12551 Palmer Rd a tax-appeal candidate?
No — 12551 Palmer Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-2.0%
Implied 1-yr
-8.1%
2026 Q3
$402.8K
2026 Q4
$393.4K
ZIP 95959 — Median Price History + Forecast

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