NOT LISTED FOR SALE

13755 Monterey Hwy San Martin, CA 95046

22.66 Acres
-- Price per Acre
987,070 Sq Ft Lot

Last Sold July 22, 2014

Last sale price $1,698,000

273 Days on Market

Highlights

  • Orchard
  • Neighborhood Views
  • Partial crossed fence

About This Lot

As of July 2014

LUDEWIG RANCH CONSISTS OF APPROX. 24.03 AC ON 2 PARCELS APN 779-09-061 & 779-09-060 & INCLUDES 3 SEPARATE LOTS - LOT 39-7.28 AC, LOT 40-8.8 AC W/BARN, SEPTIC 7 AGRIC. WELL, LOT 41-7.95 AC W/ATT LEASE INCOME OF $2k/MO PLUS RETAIL OFFICE SPACE. EACH LOT MAY BE PURCHASED SEPARATELY. IN SAN MARTIN USE PERMIT AREA-ZONED RR-5, PROPERTY CAN ACCOMODATE RESIDENTIAL/AGRICULTURAL/ INDUSTRIAL/COMMERCIAL USE.

Last Agent to Sell the Property

Dan Gluhaich

Intero Real Estate Services License #00963076 Listed on: 05/29/2013

Intero Real Estate Services

Last Buyer's Agent

Dan Gluhaich

Intero Real Estate Services License #00963076 Listed on: 05/29/2013

Intero Real Estate Services

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $53,476

Lot Details

  • Partial crossed fence
  • Partially Fenced Property
  • Chain Link Fence
  • Orchard

Property Views

  • Neighborhood Views

Utilities

  • Well
  • Septic Tank

Community Details

Property Details

Property Type

Land

Est. Annual Taxes

$53,476

Lot Details

0

Listing Details

  • Zoning: RR-5A
  • Subclass: Other Commercial Land
  • Inspections Reports: Flood Zone, Fault Zone
  • Listing Class: Commercial Lots & Land
  • Present Use: Orchard, Commercial
  • Development Status: Possible Lot Split
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Local/Neighborhood
  • Fencing: Chain Link, Partial Fencing, Partial Cross Fenced

Utilities

  • Sewer/Septic System: Sewer Available, Existing Septic

Lot Info

  • Lot Number: 39-41
  • Lot Size Area Minimum Units: Acres
  • Minimum Lot Size: 24.03
  • Lot Size Area Maximum Units: Acres
  • Lot Size Area Max Search: 1046746.80
  • Lot Size Area Min Search: 1046746.80
  • Maximum Lot Size: 24.03
  • Parcel Access: Paved Road

Rental Info

  • Lease Amount: 2000000

Multi Family

  • Utilities: On Pole
  • Number Of Buildings: 2

MLS Schools

  • High School District Text: Morgan Hill Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 3, 2024
Sold by
Nwc 5 Partnership Llp
Bought by
Jubilee Bridge Church Incorporated

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Outstanding Balance
$580,173
Interest Rate
6.54%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 10, 2018
Sold by
United States Of America
Bought by
Nwc 5 Partnership Llp

Purchase Details

Closed on
Oct 11, 2016
Sold by
Andrade Abraham M and Andrade Teresa A
Bought by
United States Of America

Purchase Details

Listed on
May 29, 2013
Closed on
Jun 4, 2014
Sold by
Hersh Eric
Bought by
Andrade Abraham M and Andrade Teresa A
Seller's Agent
Dan Gluhaich
Intero Real Estate Services
Buyer's Agent
Dan Gluhaich
Intero Real Estate Services
List Price
$2,000,000
Sold Price
$1,698,000
Premium/Discount to List
-$302,000
-15.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,055,000
Interest Rate
4.17%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 24, 2005
Sold by
Ludewig Mark Walter
Bought by
Ludewig Mark Walter
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
Jubilee Bridge Church Incorporated $2,700,000 Chicago Title Company
Jubilee Bridge Church Incorporated $2,700,000 Chicago Title Company
Nwc 5 Partnership Llp $2,025,000 Old Republic Title Co
United States Of America $1,089,000 First American Title Co
Andrade Abraham M -- First American Title Company
Andrade Abraham M -- First American Title Company
Ludewig Mark Walter -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jubilee Bridge Church Incorporated $585,000
Closed Jubilee Bridge Church Incorporated $585,000
Previous Owner Andrade Abraham M $1,055,000
Previous Owner Andrade Abraham M $165,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/22/2014 07/22/14 Sold $1,698,000 -15.1% --
02/26/2014 02/26/14 Pending -- -- --
05/29/2013 05/29/13 For Sale $2,000,000 -- --
Source: MLSListings

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 $53,476 $2,591,700 $2,591,000 $700
2024 $53,476 $4,702,676 $4,374,583 $328,093
2023 $52,881 $4,610,467 $4,288,807 $321,660
2022 $52,000 $4,520,066 $4,204,713 $315,353
2021 $50,692 $4,431,438 $4,122,268 $309,170
2020 $50,058 $4,386,000 $4,080,000 $306,000
2019 $50,795 $4,300,000 $4,000,000 $300,000
2018 $0 $0 $0 $0
2017 $195 $1,373,117 $1,320,306 $52,811
2016 $15,871 $1,346,194 $1,294,418 $51,776
2015 $3,747 $302,351 $270,673 $31,678
2014 $3,743 $296,429 $265,371 $31,058
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81318489

MLSListings

APN: 779-09-061