Seller's Agent in 2024
Joseph Petersen
Petersen & Company
(209) 210-8010
106 Total Sales
Estimated Value: $968,607
38.1
Acres
$25,423
Price per Acre
1,659,636
Sq Ft Lot
Highlights
- 38.1 Acre Lot
- No HOA
- Agricultural
- Vineyard
About This Lot
As of August 2024What a home site! Definitely country, but only a few minutes from Highway 99 and other amenities like Home Depot, Sprouts and Costco. This 38+/- acre property includes 5+/- planted acres of head-trained Zinfandel, 14+/- planted acres of wire-trained Zinfandel, and 18+/- acres of Chardonnay. The Chardonnay has a long history with Gallo and the Zinfandel has been going to Klinker Brick, a popular, local winery. The vineyard is irrigated by drip irrigation via 15 HP deep well turbine pump. The property has historically received water from the North San Joaquin Water Conservation District - a value worth investigating. Soils consist of Kingdon & Tokay fine & Bruella sandy loams. The parcel is on the Lodi Wine Trail in the Mokelumne River Sub-AVA. Talk to your accountant about owning an income-producing vineyard. If you are in it for the long term, this is a great piece of America's agriculture.
Last Agent to Sell the Property
Petersen & Company License #01489372 Listed on: 12/21/2023
Last Buyer's Agent
Megha Gangadhar
Keller Williams Thrive License #02199670
Property Details
Property Type
- Land
Lot Details
- 38.1 Acre Lot
- Property fronts a county road
- Possible uses of the property include Agricultural, Residential, Row Crops, Single Family, Vineyard, Orchard
- Property is zoned AG-40, Agricultural,Vineyard
Farming
- Vineyard
- Agricultural
Utilities
- No Utilities
- Agricultural Well Water Source
- Sewer Not Available
Community Details
- No Home Owners Association
- Net Lease
Listing and Financial Details
- Assessor Parcel Number 061-140-67
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 21, 2023
Closed on
Jul 24, 2024
Sold by
Mettler Revocable Trust and Mettler Sally A
Bought by
Gangadhar Megha and Kenkere Rangaraju
Seller's Agent
Joseph Petersen
Petersen & Company
Buyer's Agent
Megha Gangadhar
Keller Williams Thrive
List Price
$1,140,000
Sold Price
$983,000
Premium/Discount to List
-$157,000
-13.77%
Views
81
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,393
Avg. Annual Appreciation
-1.05%
Purchase Details
Closed on
Feb 20, 2003
Sold by
Mettler Burness R
Bought by
Mettler Burness R and Mettler Sally A
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gangadhar Megha | $983,000 | Old Republic Title | |
| Mettler Burness R | -- | -- | |
| Mettler Burness R | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/02/2024 08/02/24 | Sold | $983,000 | -9.8% | -- |
| 07/10/2024 07/10/24 | Pending | -- | -- | -- |
| 03/21/2024 03/21/24 | Price Changed | $1,090,000 | -4.4% | -- |
| 12/21/2023 12/21/23 | For Sale | $1,140,000 | -- | -- |
Source: MetroList
Tax History Compared to Growth
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 | $12,291 | $983,000 | $854,000 | $129,000 |
| 2024 | $9,339 | $715,643 | $464,028 | $251,615 |
| 2023 | $8,867 | $701,611 | $454,930 | $246,681 |
| 2022 | $8,695 | $687,869 | $446,010 | $241,859 |
| 2021 | $7,684 | $674,383 | $437,265 | $237,118 |
| 2020 | $7,469 | $667,443 | $432,782 | $234,661 |
| 2019 | $7,320 | $654,358 | $424,297 | $230,061 |
| 2018 | $7,216 | $641,529 | $415,978 | $225,551 |
| 2017 | $7,054 | $628,951 | $407,822 | $221,129 |
| 2016 | $6,615 | $616,622 | $399,827 | $216,795 |
| 2014 | $6,444 | $595,466 | $386,108 | $209,358 |
Source: Public Records
Agents Affiliated with this Home
-
Joseph Petersen
-
M
Buyer's Agent in 2024
Megha Gangadhar
Keller Williams Thrive
Map
Source: MetroList
MLS Number: 223116703
APN: 061-140-67
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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