NOT LISTED FOR SALE

16725 Dam Rd Clearlake, CA 95422

Estimated Value: $816,394

25.83 Acres
$31,606 Price per Acre
1,125,155 Sq Ft Lot

Last Sold December 07, 2021

Last sale price $825,000

Est. 1% decrease in value since last sale

Current estimated payment $4,769/month

160 Days on Market

Highlights

  • 25.83 Acre Lot
  • No HOA
  • Agricultural
  • Vineyard View

About This Lot

As of December 2021

Searching for an income vineyard with a multi-year grape purchase agreement? Look no further! This 25+ acre parcel consists of 21 acres planted to Cabernet Sauvignon of three different clones. The vines were planted in red rocky soil on a 6'x6' spacing in 2000 and 2002. Vineyard designate wines have been established by the current owner and have commanded Napa-like prices. Water from the vineyard comes from Cache Creek under riparian rights and the ranch has never had a lack of water. Frost protection is handled by overhead solid set sprinklers and irrigation for the vines is via drip system. There are three legal parcels at this private vineyard setting that has Cache Creek frontage. Turn-key vineyard management in place for the passive owner/investor.

Last Agent to Sell the Property

Anthony Ford

Compass License #01406167 Listed on: 03/18/2021

Compass

Co-Listed By

Gurdeep Walia

Compass License #02056131

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Property Type

  • Land

Lot Details

  • 25.83 Acre Lot
  • 012-037-440, 012-037-500
  • Property is zoned Ag

Additional Features

  • Vineyard Views
  • Agricultural
  • Agricultural Well Water Source

Community Details

  • No Home Owners Association
  • Valley

Listing and Financial Details

  • Assessor Parcel Number 012037020000

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • View: Yes
  • Zoning: Ag
  • Property Type: Land
  • Parcel Number: 012037020000
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 0.73

Exterior Features

  • View: Vineyard

Utilities

  • Water Source: Agricultural Well

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Valley

Lot Info

  • Additional Parcels: No
  • Additional Parcels Description: 012-037-440, 012-037-500
  • Land Lease: No
  • Lot Features: Agricultural - Vine/Vineyard
  • Lot Size Sq Ft: 1125154.80
  • Lot Size Acres: 25.8300

Multi Family

  • Lot Size Area: 25.8300 Acres

Tax Info

  • Tax Census Tract: 7.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2021
Closed on
Nov 2, 2021
Sold by
Sanam Llc
Bought by
Iconic Properties Ii Llc
Seller's Agent
Anthony Ford
Compass
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$995,000
Sold Price
$825,000
Premium/Discount to List
-$170,000
-17.09%
Current Estimated Value
$816,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,606
Avg. Annual Appreciation
-0.26%
Original Mortgage
$536,250
Outstanding Balance
$491,040
Interest Rate
3.09%
Mortgage Type
Credit Line Revolving
Estimated Equity
$325,354

Purchase Details

Closed on
Dec 19, 2005
Sold by
Namdar Ali
Bought by
Sanam Llc

Purchase Details

Closed on
May 16, 2005
Sold by
Namdar Morteza
Bought by
Namdar Ali
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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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
Iconic Properties Ii Llc $825,000 First American Title
Sanam Llc -- None Available
Namdar Ali -- None Available
Namdar Ali -- None Available
Namdar Ali -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Iconic Properties Ii Llc $536,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2021 12/07/21 Sold $825,000 -7.8% --
08/25/2021 08/25/21 Pending -- -- --
07/10/2021 07/10/21 Price Changed $895,000 -10.1% --
03/18/2021 03/18/21 For Sale $995,000 -- --
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 $5,894 $521,370 $152,601 $368,769
2024 $5,831 $511,148 $149,609 $361,539
2023 $5,765 $501,126 $146,676 $354,450
2022 $5,477 $491,300 $143,800 $347,500
2021 $5,884 $502,141 $206,821 $295,320
2020 $5,853 $496,994 $204,701 $292,293
2019 $5,598 $487,251 $200,688 $286,563
2018 $5,607 $477,698 $196,753 $280,945
2017 $5,332 $468,333 $192,896 $275,437
2016 $5,103 $459,152 $189,114 $270,038
2015 $5,010 $452,257 $186,274 $265,983
2014 $4,905 $443,399 $182,626 $260,773
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LC21056726

California Regional Multiple Listing Service (CRMLS)

APN: 012-037-020-000