5517-005-023

Opening bid

$42,836

County assessed

$300

Bid ÷ assessed

—

assessment under $1,000

In default since

1988

Nominal assessment The county's total assessed value here is under $1,000, which is not what the parcel is worth — it is a leftover from an old nominal-value transfer that Proposition 13 never re-based. Dividing a real opening bid by it produces a large number that means the assessment is tiny, not that the price is outrageous. There is no usable ratio here, so this parcel is not ranked against the others.

Flags

• Paper lot

  Under a tenth of an acre with nothing built on it. Too small to build on under most zoning — the classic legacy-subdivision lot that costs money to own and cannot be developed or easily resold.

The county's record

Use

Vacant Land, use code 100V

Zoning

LAC2

Lot

598 sq ft (0.01 acres)

Building

None on the Assessor's record

Land value

$300

Improvements

$0

Prop 13 base year

1989

Tax status

In default, as read October 8, 2026

Legal description

LOT BD N BY E PROLONGATION OF N LINE OF LOT 29 BLK I TRACT NO 1 E BY N PROLONGATION OF E LINE OF SD LOT AND SW BY NE LINE OF SD LOT PART OF SEC 24 T 1S R 14W

Values from the 2026 roll, effective July 31, 2026.