Seller's Agent in 2025
Ernie Ochoa, CCIM
Keller Williams Merced
(209) 704-7653
4 in this area
112 Total Sales
1557 E Gerard Ave Merced, CA 95341
Southeast Merced Neighborhood
19.57
Acres
$70,251
Price per Acre
852,587
Sq Ft Lot
Highlights
- 19.57 Acre Lot
- No HOA
- Agricultural
- Fruit Trees
About This Lot
As of March 2025Here is a 19.57 acre walnut ranch with industrial development potential for sale! The Chandler walnuts were planted in 2017 and the ranch is situated in southeast Merced. This parcel is close to city limits and Hwy 99/UC Merced Campus Expressway, an area anticipated for significant growth and development. The city sewer lines are accessible at Gerard Ave, with future City plans to extend additional utilities to Mission Ave to support new developments. The vicinity is experiencing robust expansion near Mission Ave and retail growth at the new Gateway Marketplace by Hwy 99. This land is zoned M-2 for heavy industrial/manufacturing uses and align with the City of Merced's General Plan for industrial development. The irrigation is currently via a double line drip irrigation system and the ranch is within the Merced Irrigation District for access to Class I district water. However, their current irrigation comes from a well situated across the road on the owner's separate ranch. The seller would be open to a well sharing agreement to continue existing irrigation. Make this ranch your homesite or plan for future development! The property is within the Merced Irrigation District-Urban Ground Water Sustainability Agency (MIUGSA).
Last Agent to Sell the Property
Keller Williams Merced License #01247053 Listed on: 08/29/2024
Property Details
Property Type
- Land
Est. Annual Taxes
- $8,584
Lot Details
- 19.57 Acre Lot
- Fruit Trees
- Many Trees
- Possible uses of the property include Agricultural, Industrial
- Property is zoned M-2, Agricultural
Additional Features
- Agricultural
- Shared Well
Community Details
- No Home Owners Association
- Net Lease
Listing and Financial Details
- Assessor Parcel Number 259-150-034-000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 16, 2024
Sold by
Tavares 2015 Trust and Amaral Tavares Richard
Bought by
Tavares 2015 Trust and Tavares
Current Estimated Value
Purchase Details
Closed on
Dec 8, 2015
Sold by
Tavares Henry A and Tavares Margaret A
Bought by
Tavares 2015 Trust
Purchase Details
Closed on
Jun 29, 2015
Sold by
Sierra Pacific Real Estate Investments L
Bought by
Tavares Henry A and Tavares Margaret A
Purchase Details
Closed on
Feb 13, 2009
Sold by
Mcnulty Michael J and Mcnulty Vivian A
Bought by
Sierra Pacific Real Estate Investments L
Purchase Details
Closed on
Nov 30, 2007
Sold by
Hostetler Investments Llc
Bought by
Mcnulty Michael J and Mcnulty Vivian A
Purchase Details
Closed on
Feb 3, 2005
Sold by
Madonna Phyllis
Bought by
Hostetler Investments Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
5.81%
Mortgage Type
Seller Take Back
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $550,000 | Transcounty Title Company | |
| Grant Deed | -- | None Available | |
| Grant Deed | -- | Fidelity Natl Title Co Of Ca | |
| Grant Deed | $1,000,000 | Transcounty Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $700,000 | Seller Take Back |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/26/2025 03/26/25 | Sold | $1,375,000 | -6.3% | -- |
| 03/08/2025 03/08/25 | Pending | -- | -- | -- |
| 08/29/2024 08/29/24 | For Sale | $1,467,750 | -- | -- |
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 | $8,584 | $739,500 | $612,000 | $127,500 |
| 2024 | $8,584 | $783,889 | $638,320 | $145,569 |
| 2023 | $8,373 | $768,520 | $625,804 | $142,716 |
| 2022 | $8,329 | $753,452 | $613,534 | $139,918 |
| 2021 | $8,332 | $738,679 | $601,504 | $137,175 |
| 2020 | $7,255 | $642,029 | $595,337 | $46,692 |
| 2019 | $7,014 | $629,441 | $583,664 | $45,777 |
| 2018 | $6,805 | $617,100 | $572,220 | $44,880 |
| 2017 | $6,694 | $605,000 | $561,000 | $44,000 |
| 2016 | $6,260 | $550,000 | $550,000 | $0 |
| 2015 | $4,805 | $428,592 | $428,592 | $0 |
| 2014 | -- | $420,197 | $420,197 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Ernie Ochoa, CCIM
-
Jessie Espinosa
Buyer's Agent in 2025
Jessie Espinosa
Century 21 Select Real Estate
(209) 652-8112
1 in this area
59 Total Sales
Map
Source: MetroList
MLS Number: 224096277
APN: 259-150-034
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