NOT LISTED FOR SALE

16556 Road 18 Madera, CA 93637

Estimated Value: $2,071,970

38 Acres
$54,240 Price per Acre
1,663,992 Sq Ft Lot

Last Sold May 27, 2015

Last sale price $1,394,300 $734 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $13,144/month

66 Days on Market

Highlights

  • 38.2 Acre Lot
  • Neighborhood Views
  • Rectangular Lot
  • No HOA

About This Lot

As of May 2015

38 acre lot with two homes with tenants paying all expenses! Property features new domestic well, 50 horse power deep well, MID water available and 3 year old almond trees.

Last Agent to Sell the Property

Ranjeet Singh

Keller Williams Property Team License #01351073 Listed on: 02/27/2015

Keller Williams Property Team

Last Buyer's Agent

Raman Pannu

JRP Real Estate & Mortgage License #01889002

JRP Real Estate & Mortgage

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $21,599

Lot Details

  • 38.2 Acre Lot
  • Rural Setting
  • Rectangular Lot
  • Property is zoned ARE 20

Property Views

  • Neighborhood Views

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 028152005

Property Details

Property Type

Land

Est. Annual Taxes

$21,599

Lot Details

0

Listing Details

  • View: Yes
  • Zoning: ARE 20
  • Property Type: Land
  • Parcel Number: 028152005
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 0.84

Exterior Features

  • View: Neighborhood

Condo/Co-op/Association

  • Association: No
  • Community Features: Rural

Lot Info

  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 1663992.00
  • Lot Size Acres: 38.2000

Multi Family

  • Lot Size Area: 38.2000 Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 21, 2018
Sold by
Singh Harmanjot
Bought by
Hans Preetkamal
Current Estimated Value
$2,071,970

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$929,500
Outstanding Balance
$810,653
Interest Rate
4.6%
Mortgage Type
Commercial
Estimated Equity
$1,236,919

Purchase Details

Closed on
Jun 19, 2018
Sold by
Singh Tarsem and Kaur Lakhwinder
Bought by
Johal Gurdeep S and Kaur Manpreet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$929,500
Outstanding Balance
$810,653
Interest Rate
4.6%
Mortgage Type
Commercial
Estimated Equity
$1,236,919

Purchase Details

Closed on
Apr 4, 2016
Sold by
Singh Tarsem
Bought by
Singh Tarsem and Kaur Lakhwinder

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 27, 2015
Closed on
May 20, 2015
Sold by
Sidhu Baljit Kaur
Bought by
Sidhu Mukhtiar Singh
Seller's Agent
Ranjeet Singh
Keller Williams Property Team
Buyer's Agent
Raman Pannu
JRP Real Estate & Mortgage
List Price
$1,325,000
Sold Price
$1,394,300
Premium/Discount to List
$69,300
5.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.83%
Original Mortgage
$1,213,000
Interest Rate
3.81%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 8, 2011
Sold by
Merrifield Robert A and Merrifield Jill A
Bought by
Chahal Dalvir S and Chahal Kamaljit K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Interest Rate
3.93%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 5, 2002
Sold by
Haggard Paul W and Haggard Barbara V
Bought by
Merrifield Robert A and Merrifield Jill A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,800
Interest Rate
6.03%
Mortgage Type
Unknown
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
Hans Preetkamal -- Chicago Title Co
Johal Gurdeep S $1,430,000 Chicago Title Co
Singh Tarsem -- Chicago Title Company
Sidhu Mukhtiar Singh -- Chicago Title Company
Sidhu Mukhtiar Singh -- Fidelity National Title Co
Singh Tarsem -- Fidelity National Title Co
Singh Tarsem $1,394,500 Fidelity National Title Co
Chahal Dalvir S $505,000 Chicago Title Company
Merrifield Robert A -- Chicago Title
Merrifield Robert A -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johal Gurdeep S $929,500
Previous Owner Singh Tarsem $500,000
Previous Owner G & S Farms $1,213,000
Previous Owner Chahal Dalvir S $355,000
Previous Owner Merrifield Robert A $0
Previous Owner Merrifield Robert A $90,000
Previous Owner Merrifield Robert A $31,213
Previous Owner Merrifield Robert A $252,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2015 05/27/15 Sold $1,394,300 +5.2% $734 / Sq Ft
05/04/2015 05/04/15 Pending -- -- --
02/27/2015 02/27/15 For Sale $1,325,000 -- $697 / Sq Ft
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 $21,599 $1,656,077 $746,457 $909,620
2023 $21,599 $1,590,205 $717,472 $872,733
2022 $20,323 $1,528,233 $689,612 $838,621
2021 $19,978 $1,527,041 $689,612 $837,429
2020 $20,242 $1,509,460 $682,541 $826,919
2019 $20,181 $1,488,779 $669,158 $819,621
2018 $19,994 $1,569,920 $991,837 $578,083
2017 $19,760 $1,539,702 $972,390 $567,312
2016 $8,120 $514,289 $293,248 $221,041
2015 $5,788 $509,518 $288,844 $220,674
2014 $5,562 $514,068 $283,186 $230,882
Source: Public Records

Agents Affiliated with this Home

  • Ranjeet Singh

    Seller's Agent in 2015

    Ranjeet Singh

    Keller Williams Property Team

    (209) 261-6164

    96 Total Sales

    Section Image
  • Raman Pannu

    Buyer's Agent in 2015

    Raman Pannu

    JRP Real Estate & Mortgage

    (209) 494-5741

    54 Total Sales

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC15043424

California Regional Multiple Listing Service (CRMLS)

APN: 028-152-005

California Madera County Madera 93637

16556 Road 18, Madera, CA

This home is located at 16556 Road 18, Madera, CA 93637 since 27 February 2015 and is currently estimated at $2,071,970, approximately $1,090 per square foot. 16556 Road 18 is a home located in Madera County with nearby schools including Dixieland Elementary School and Madera High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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