NOT LISTED FOR SALE

10191 Road 29 Madera, CA 93637

Estimated Value: $676,000

4 Beds
3 Baths
1,670,526 Sq Ft
$0/Sq Ft Est. Value

Last Sold July 03, 2018

Last sale price $1,150,000 $1 Per Sq Ft

Est. 41% decrease in value since last sale

Current estimated payment $4,339/month

21 Days on Market

About This Home

As of July 2018

Incredible investment opportunity for multiple sources of income on one property! Located in a prime agricultural area, this property is just over 38 acres in total (per tax records) & is currently planted with a producing Thompson Vineyard (per seller). Both irrigation & domestic well are currently functioning, in addition to the property being located in MID, buyer to verify if important. Along with the vineyard is a beautiful 2,500 plus square foot home with a large kitchen, living room and basement. The outside area has a custom patio in the backyard and an incredible shop with ample space for storage & large roll-up doors. For copies of the production records or any further information, please contact the listing agent. Property to be sold in current condition, with no upgrades to be made by the seller. Please submit all offers to the listing agent for consideration.

Last Agent to Sell the Property

Brent Sarabian

London Properties, Ltd. License #01852908 Listed on: 04/30/2018

London Properties, Ltd.

Last Buyer's Agent

Brent Sarabian

London Properties, Ltd. License #01852908 Listed on: 04/30/2018

London Properties, Ltd.

Property Details

Property Type

  • Other

Year Built

  • Built in 1981

Lot Details

  • 38.35 Acre Lot

Home Design

  • Farm

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Utilities

  • Propane
  • Property is located within a water district
  • Well
  • Septic Tank

Property Details

Property Type

Other

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Type: Farm
  • Property Sub Type: Vineyard
  • Price Per Square Foot: 460.00
  • Year Built Exception: 0
  • Special Features: None
  • Year Built: 1981

Interior Features

  • Bathrooms: 3.00
  • Bedrooms: 4

Utilities

  • Sewer Septic: Septic Tank
  • Utilities: Electricity Available, Propane, Telephone
  • Water Source: Well, District Water Avail

Condo/Co-op/Association

  • Association: Fresno MLS

Lot Info

  • Topography: Level to Grade
  • Acres: 38.3500
  • Lot Measurement: Acres
  • Lot Size Sq Ft: 1670526.00
  • Price Per Acre: 29986.96
  • Domestic Wells: One
  • Irrigation Wells: One
  • Major Crop Type: Thompson Seedless

Building Info

  • Year Built: 1981

MLS Schools

  • School District 2: Madera Unified
  • School Type: High School
  • School Name: Madera South
  • School Type: Junior High School
  • School Name: Eastin-Arcola
  • School Type: Grade School
  • School Name: Parkwood
  • Schools Comment: buyer to verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2018
Closed on
Jul 3, 2018
Sold by
Trust Agreement Dated September 2 1998 C
Bought by
Rakkar Properties Lp
Seller's Agent
Brent Sarabian
London Properties, Ltd.
Buyer's Agent
Brent Sarabian
London Properties, Ltd.
List Price
$1,150,000
Sold Price
$1,150,000
Current Estimated Value
$676,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$474,000
Avg. Annual Appreciation
-6.80%
Original Mortgage
$575,000
Outstanding Balance
$497,355
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$178,645
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Rakkar Properties Lp $1,150,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rakkar Properties Lp $575,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/03/2018 07/03/18 Sold $1,150,000 0.0% $1 / Sq Ft
05/21/2018 05/21/18 Pending -- -- --
04/30/2018 04/30/18 For Sale $1,150,000 -- $1 / Sq Ft
Source: Fresno MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,649 $566,929 $103,602 $463,327
2023 $9,649 $532,578 $108,326 $424,252
2022 $9,391 $541,904 $107,722 $434,182
2021 $9,216 $534,786 $106,551 $428,235
2020 $9,247 $525,538 $101,827 $423,711
2019 $9,308 $529,327 $98,552 $430,775
2018 $6,562 $352,871 $93,763 $259,108
2017 $6,602 $357,931 $92,030 $265,901
2016 $6,556 $365,293 $85,849 $279,444
2015 $4,132 $354,721 $84,227 $270,494
2014 $4,094 $366,103 $78,087 $288,016
Source: Public Records

Agents Affiliated with this Home

  • Brent Sarabian

    Seller's Agent in 2018

    Brent Sarabian

    London Properties, Ltd.

    (559) 709-1668

    16 Total Sales

    Brent Sarabian
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Map

Source: Fresno MLS

MLS Number: 501502

Fresno MLS

APN: 047-220-010

California Madera County Madera 93637

10191 Road 29, Madera, CA

Not Listed for Sale

Other

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