NOT LISTED FOR SALE

1495 Adobe Rd Paso Robles, CA 93446

Estimated Value: $3,957,592

119.9 Acres
$33,007 Price per Acre
5,222,844 Sq Ft Lot

Last Sold August 02, 2017

Last sale price $2,500,000

Est. 58% increase in value since last sale

Current estimated payment $23,210/month

357 Days on Market

Highlights

  • 119.9 Acre Lot
  • Valley View
  • Agricultural
  • Paso Robles High School Rated A-
  • No HOA

About This Lot

As of August 2017

72 acres Cabernet Sauvignon, 2+ acres Merlot, 10+ acres Syrah. Grapes available in 2016, advantageous with strong Cab Sauv market in high quality growing area. Fruit has been sold to top local and statewide wineries in past years. Location for homesite or use as commercial investment with shop building on site to support operations. Well has good production and quality. Professional management available.

Last Agent to Sell the Property

Dana Merrill

Mesa Realty License #00826334 Listed on: 03/01/2016

Last Buyer's Agent

Dana Merrill

Mesa Realty License #00826334 Listed on: 03/01/2016

Property Details

Property Type

  • Land

Lot Details

  • 119.9 Acre Lot
  • Property is zoned AG

Additional Features

  • Valley Views
  • Agricultural
  • Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 026183014

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Assessments: No
  • Subdivision Name Other: PR Airport Area(130)
  • Zoning: AG
  • Property Type: Land
  • Parcel Number: 026183014
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 0.48

Exterior Features

  • View: Valley

Utilities

  • Water Source: Well
  • Water Well: Yes
  • Well Gallons Per Minute: 230.00

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Features: Agricultural, Agricultural - Vine/Vineyard
  • Lot Size Sq Ft: 5222844.00
  • Lot Size Acres: 119.9000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2016
Closed on
Jul 27, 2017
Sold by
Adobe Road Vineyards & Inn
Bought by
Udsen Niels and Udsen Berit
Seller's Agent
Dana Merrill
Mesa Realty
Buyer's Agent
Dana Merrill
Mesa Realty
Sold Price
$2,500,000
Current Estimated Value
$3,957,592

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,457,592
Avg. Annual Appreciation
5.80%
Original Mortgage
$1,625,000
Outstanding Balance
$1,353,736
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,681,599

Purchase Details

Closed on
Oct 5, 1995
Sold by
Warren James
Bought by
Adobe Road Vineyards & Inn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
7.51%
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
Udsen Niels $2,500,000 First American Title Company
Adobe Road Vineyards & Inn $290,000 Cuesta Title Guarant Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Udsen Niels $1,625,000
Previous Owner Adobe Road Vineyards & Inn $185,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2017 08/02/17 Sold $2,500,000 -- --
02/21/2017 02/21/17 Pending -- -- --
Source: California Regional Multiple Listing Service (CRMLS)

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 $31,908 $3,015,643 $2,275,657 $739,986
2024 $31,333 $2,956,514 $2,231,037 $725,477
2023 $31,333 $2,898,544 $2,187,292 $711,252
2022 $30,795 $2,841,710 $2,144,404 $697,306
2021 $29,289 $2,702,712 $2,102,357 $600,355
2020 $28,988 $2,675,000 $2,080,800 $594,200
2019 $27,634 $2,550,000 $2,040,000 $510,000
2018 $27,092 $2,500,000 $2,000,000 $500,000
2017 $17,254 $1,666,806 $533,426 $1,133,380
2016 $16,924 $1,634,940 $522,967 $1,111,973
2015 $16,669 $1,610,722 $515,112 $1,095,610
2014 $16,047 $1,579,614 $505,022 $1,074,592
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PR1064169

California Regional Multiple Listing Service (CRMLS)

APN: 026-183-014