NOT LISTED FOR SALE

Estimated Value: $4,029,189

3 Beds
2 Baths
3,000 Sq Ft
$1,343/Sq Ft Est. Value

Last Sold November 16, 2016

Last sale price $2,164,480 $721 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $21,897/month

25 Days on Market

Highlights

  • 67.64 Acre Lot
  • Monache High School Rated A-
  • Farm

About This Home

As of November 2016

Excellent producing almond ranch in great condition. Planted in 2006, 50% Butte, 50% Padre varieties. One ag well drilled in 2009 with a new pump, bowls, and VFD system installed in 2015. Professionally farmed. Purchase also includes 2.625 shares of the highly desirable Poplar Ditch Company water stock. Each share gets 55 a.f./ac. in a normal year at only an annual cost of $13.75/per share (buyer to verify). There is also a 4 bedroom, 2 bathroom home (currently rented at $1,500/month) with a pool, solar system, and small shop. Great investment opportunity. Two sources of water provide reliability and security. Many more productive years ahead on this ranch.

Last Agent to Sell the Property

Doug Phillips

Schuil Ag Real Estate License #01847203 Listed on: 08/24/2016

Last Buyer's Agent

Rick Schuil

Schuil Ag Real Estate License #00961925

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $8,432

Lot Details

  • 67.64 Acre Lot

Home Design

  • 3,000 Sq Ft Home
  • Farm

Listing and Financial Details

  • Assessor Parcel Number 240130032000

Property Details

Property Type

Other

Est. Annual Taxes

$8,432

Lot Details

0

Listing Details

  • Property Sub Type: Real Crop
  • Prop. Type: Farm
  • Lot Size Acres: 67.64
  • Directions: Northeast corner of Ave. 144 (Hwy. 190) and Rd. 216, a few miles west of Porterville.
  • Special Features: None

Utilities

  • Utilities: Sewer Connected, Water Connected

Lot Info

  • Lot Size Sq Ft: 2946398.0
  • Parcel #: 240130032000
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2016
Closed on
Nov 11, 2016
Sold by
Cavagnaro Timothy
Bought by
Sandrige Partners Lp
Seller's Agent
Doug Phillips
Schuil Ag Real Estate
Buyer's Agent
Rick Schuil
Schuil Ag Real Estate
List Price
$2,367,400
Sold Price
$2,164,480
Premium/Discount to List
-$202,920
-8.57%
Current Estimated Value
$4,029,189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,864,709
Avg. Annual Appreciation
7.19%
Original Mortgage
$1,664,480
Outstanding Balance
$1,336,710
Interest Rate
3.43%
Mortgage Type
Unknown
Estimated Equity
$2,692,479

Purchase Details

Closed on
Nov 3, 2010
Sold by
Cavagnaro Timothy
Bought by
Cavagnaro Timothy and Cavagnaro Kristina

Purchase Details

Closed on
Apr 8, 2010
Sold by
Cavagnaro Kristina Saak
Bought by
Cavagnaro Kristina Saak

Purchase Details

Closed on
Mar 19, 2009
Sold by
The Almond Company
Bought by
Cavagnaro Timothy and Cavagnaro Kristina
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
Sandrige Partners Lp $2,164,500 First American Title Company
Cavagnaro Timothy -- None Available
Cavagnaro Timothy -- None Available
Cavagnaro Kristina Saak -- None Available
Cavagnaro Timothy -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sandrige Partners Lp $1,664,480
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/16/2016 11/16/16 Sold $2,164,480 -8.6% $721 / Sq Ft
09/19/2016 09/19/16 Pending -- -- --
08/24/2016 08/24/16 For Sale $2,367,400 -- $789 / Sq Ft
Source: Tulare County 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 $8,432 $609,740 $174,823 $434,917
2024 $8,432 $639,664 $168,479 $471,185
2023 $8,833 $672,814 $128,476 $544,338
2022 $9,449 $760,539 $105,846 $654,693
2021 $10,136 $832,683 $89,560 $743,123
2020 $10,079 $833,410 $93,047 $740,363
2019 $10,011 $831,700 $96,560 $735,140
2018 $9,924 $826,528 $96,508 $730,020
2017 $9,960 $832,641 $107,641 $725,000
2016 $5,124 $501,782 $150,996 $350,786
2015 $4,935 $494,244 $148,728 $345,516
2014 $4,935 $484,563 $145,815 $338,748
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tulare County MLS

MLS Number: 125002

Tulare County MLS

APN: 240-130-032-000