NOT LISTED FOR SALE

0 Margarth St Perris, CA 92570

33.46 Acres
-- Price per Acre
1,457,518 Sq Ft Lot

Last Sold August 12, 2024

Last sale price $525,000

86 Days on Market

Highlights

  • Horse Property
  • Mountain View
  • Corner Lot
  • 33.46 Acre Lot
  • Ranch Style House
  • No HOA

About This Lot

As of August 2024

Currently the cheapest $/Acre in the area at just UNDER $18K/Acre. Welcome to this incredible opportunity to own a large piece of vacant land in a an up and coming area off major Highway 74. This property is OVER 33 ACRES and zoned Rural Residential (RR). Both WATER AND ELECTRICITY AVAILABLE IN STREET. This zoning also allows MANY RECREATIONAL USES such as Animal grazing and Agricultural uses, GardenSupply Stores, Pet Supply shops, Church Organizations, Day Care Centers, Private Schools, Bike Tracks, Driving Range, Ranch, Mobilehomes, etc etc.... And allowed uses with a CUP Include the following: Auto wrecking yards (CUP), Auto Repair(CUP), Gas Stations(CUP), Equipment Rental Services(CUP), Hardware Stores(CUP), General Stores(CUP), MOBILEHOME PARKS(CUP), race track(CUP), TRAILER AND BOAT STORAGE(CUP), Hunting Club(CUP), Feed Store(CUP), and more! INVEST INTO THE PATH OF PROGRESS as there is currently a Highway 74 Community Plan Project known as "GPA1205" which is generally located in the unincorporated area between Interstates 15 and 215, between the cities of Lake Elsinore and Perris. The planning area contains approximately 2,220 acres of unincorporated County land, and plans to guide the development of potential future residential neighborhoods of varying densities, commercial retail, mixed use, light industrial, business park, public facilities, rural, open space, and recreation areas, all of which are coming next door to this land. Buyer to verify any and all marketing information to satisfy themselves and to check with county of Riverside the status of any general plan amendments.

Last Agent to Sell the Property

Bobby Mendez

Re/Max Time Realty Brokerage Phone: 951-283-5015 License #01971883 Listed on: 04/23/2024

Re/Max Time Realty

Last Buyer's Agent

Esther Robles

Premier Properties License #01436316

Property Details

Property Type

  • Land

Lot Details

  • 33.46 Acre Lot
  • Rural Setting
  • Corner Lot
  • Gentle Sloping Lot
  • Property is zoned RR

Home Design

  • Ranch Style House

Additional Features

  • Mountain Views
  • Agricultural
  • Sewer Not Available

Listing and Financial Details

  • Assessor Parcel Number 345100033
  • $667 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Recreation

  • Horse Trails
  • Hiking Trails
  • Bike Trail
  • Horse Property

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Current Use: Unimproved
  • Possible Use: Agricultural, Place of Worship, Buyer to verify, Commercial, Horses, Investment, Parking lot, Recreational, Residential, Storage
  • Possible Use Comments: Many of the "Possible Uses" listed are allowed with a CUP per the zoning code
  • View: Yes
  • Zoning: RR
  • Property Type: Land
  • Parcel Number: 345100033
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 0.36

Exterior Features

  • View: Mountain(s)

Utilities

  • Utilities: Electricity Available, Water Available
  • Electric: Standard
  • Sewer: None
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Hiking, Horse Trails, Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Agricultural, Corner Lot, Gentle Sloping, Horse Property, Ranch
  • Lot Size Sq Ft: 1457518.00
  • Lot Size Acres: 33.4600
  • Latitude Manual: 33.74984200

Multi Family

  • Lot Size Area: 1457518.0000 Square Feet

Tax Info

  • TaxOtherAnnualAssessmentAmount: 667.00

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/12/2024 08/12/24 Sold $525,000 -12.4% --
07/18/2024 07/18/24 Pending -- -- --
04/23/2024 04/23/24 For Sale $599,000 +604.7% --
12/07/2016 12/07/16 Sold $85,000 -4.5% -- View Prior Sale
11/03/2016 11/03/16 Pending -- -- --
10/17/2016 10/17/16 For Sale $89,000 +78.0% --
01/09/2015 01/09/15 Sold $50,000 0.0% -- View Prior Sale
12/29/2014 12/29/14 Pending -- -- --
11/30/2014 11/30/14 For Sale $50,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG24081188

California Regional Multiple Listing Service (CRMLS)