M
Seller's Agent in 2017
Michael Casserd
Advantage Properties
(831) 212-5181
6 Total Sales
Estimated Value: $2,563,000 - $4,569,000
5
Beds
3
Baths
3,562
Sq Ft
$968/Sq Ft
Est. Value
Highlights
- Barn
- Stables
- 26.04 Acre Lot
- Aptos High School Rated A-
- Horse Property
- Vineyard View
About This Home
As of April 2017This fabulous 26 acre ranch estate in Aptos,Rancho Oliveto, is located in a sun drenched valley, 1583 and 1579 Pleasant Valley Rd., with apple orchards,pastures,olive groves and neighboring vineyards. Peaceful and private, this property can be your own quiet retreat surrounded by nature...or continue the Working Ranch with Horses, Arena, Stables, orchards, vineyards and farmland. Create your Dream on this uniquely versatile property. Rancho Oliveto is a Golden Opportunity to have land and income, " Turn Key"; featuring the working Horse Ranch of 20 to 25 horses, up to 50 possible, and the Olive tree groves, about 500 Tuscan varietal trees, on 4 acres of irrigated land, producing hundreds of gallons of award- winning Tuscan blend olive oil annually. The 26 acres, a level parcel, still has acres left for expansion! A 1031 exchange could work very well with this income producing property.The graceful farm-style home has 5 bedrooms and 3 baths, over 3500 sq. ft. and comes with a cottage!
Last Agent to Sell the Property
Advantage Properties License #00773368 Listed on: 06/20/2016
Home Details
Home Type
- Single Family
Year Built
- Built in 2002
Lot Details
- 26.04 Acre Lot
- Partial crossed fence
- Property is Fully Fenced
- Level Lot
- Zoning described as CA
Parking
- 2 Car Garage
- Electric Gate
- Guest Parking
Property Views
- Vineyard
- Hills
- Valley
Home Design
- Farmhouse Style Home
- Wood Frame Construction
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 3,562 Sq Ft Home
- High Ceiling
- Wood Burning Fireplace
- Double Pane Windows
- Separate Family Room
- Formal Dining Room
- Gas Cooktop
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Outdoor Features
- Horse Property
- Barbecue Area
Farming
- Barn
- Agricultural
- Fenced For Horses
Horse Facilities and Amenities
- Trailer Storage
- Stables
- Arena
Utilities
- Forced Air Heating System
- Heating System Uses Propane
- Propane
- Well
- Septic Tank
Listing and Financial Details
- Assessor Parcel Number 107-581-13-000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 20, 2016
Closed on
Apr 19, 2017
Sold by
Murrer Edward S and Murrer Linda P
Bought by
Royan Patrick M and Royan Teresa S
Seller's Agent
Michael Casserd
Advantage Properties
Buyer's Agent
Kenn Callahan
Coldwell Banker Realty
List Price
$3,900,000
Sold Price
$3,050,000
Premium/Discount to List
-$850,000
-21.79%
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
$399,563
Avg. Annual Appreciation
1.40%
Original Mortgage
$1,200,000
Outstanding Balance
$1,001,030
Interest Rate
4.3%
Mortgage Type
Unknown
Estimated Equity
$2,448,533
Purchase Details
Closed on
Apr 4, 2003
Sold by
Murrer Edward S and Murrer Linda P
Bought by
Murrer Edward S and Murrer Linda P
Purchase Details
Closed on
Aug 27, 1996
Sold by
Lester Daniel E and Lester Patricia E
Bought by
Jensen William J and Jensen Mary K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,500
Interest Rate
8.2%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Feb 3, 1994
Sold by
Lester Daniel E and Lester Patricia E
Bought by
Lester Daniel E and Lester Patricia E
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Royan Patrick M | $3,050,000 | First American Title Company | |
| Murrer Edward S | -- | -- | |
| Jensen William J | $480,500 | First American Title Ins Co | |
| Lester Daniel E | -- | First American Title Co | |
| Lester Daniel E | -- | First American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Royan Patrick M | $1,200,000 | |
| Previous Owner | Jensen William J | $380,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/27/2017 04/27/17 | Sold | $3,050,000 | -12.7% | $856 / Sq Ft |
| 03/07/2017 03/07/17 | Pending | -- | -- | -- |
| 01/31/2017 01/31/17 | Price Changed | $3,495,000 | -2.8% | $981 / Sq Ft |
| 10/21/2016 10/21/16 | Price Changed | $3,595,000 | -7.8% | $1,009 / Sq Ft |
| 06/20/2016 06/20/16 | For Sale | $3,900,000 | -- | $1,095 / Sq Ft |
Source: MLSListings
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 | $38,251 | $3,539,787 | $2,379,201 | $1,160,586 |
| 2023 | $37,678 | $3,402,333 | $2,286,814 | $1,115,519 |
| 2022 | $37,012 | $3,335,621 | $2,241,975 | $1,093,646 |
| 2021 | $36,311 | $3,270,216 | $2,198,014 | $1,072,202 |
| 2020 | $35,751 | $3,236,684 | $2,175,476 | $1,061,208 |
| 2019 | $34,788 | $3,173,220 | $2,132,820 | $1,040,400 |
| 2018 | $33,906 | $3,111,000 | $2,091,000 | $1,020,000 |
| 2017 | $19,442 | $1,750,960 | $923,478 | $827,482 |
| 2016 | $18,928 | $1,716,628 | $905,371 | $811,257 |
| 2015 | $18,838 | $1,690,842 | $891,771 | $799,071 |
| 2014 | $18,432 | $1,657,720 | $874,302 | $783,418 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Casserd
-
Kenn Callahan
Buyer's Agent in 2017
Kenn Callahan
Coldwell Banker Realty
(408) 202-5800
58 Total Sales
Map
Source: MLSListings
MLS Number: ML81591529
APN: 107-581-13-000
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