NOT LISTED FOR SALE

18281 Fairfax Ave Lemoore, CA 93245

Estimated Value: $519,000 - $585,000

40 Acres
$13,788 Price per Acre
1,742,400 Sq Ft Lot

Last Sold July 08, 2024

Last sale price $520,000 $350 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,359/month

68 Days on Market

Highlights

  • 40 Acre Lot
  • Farm
  • No HOA

About This Lot

As of July 2024

The subject property is 40 +/- acres that consists of one parcel with Grade 1 and Grade 2 soils. Crops- The land is currently farmed to row crops. The property includes two homes and a roof-only pole barn. Water & Irrigation- The property is in and receives water from Lemoore Canal and Irrigation Company. The property features (1) irrigation well and valves along the eastside. The sale includes 3 shares of Lemoore Canal water stock. The Sustainable Groundwater Management Act passed in 2014 requires groundwater basins be sustainable by 2040 and requires Groundwater Sustainability Plans (GSP) by 2020. GSPs may limit the amount of well water pumped. For more information go to

Last Agent to Sell the Property

Jaime Martinez

Hoekstra & Associates Inc License #01971583 Listed on: 03/07/2024

Last Buyer's Agent

Jaime Martinez

Hoekstra & Associates Inc License #01971583 Listed on: 03/07/2024

Property Details

Property Type

  • Land

Lot Details

  • 40 Acre Lot
  • Rural Setting
  • Property is zoned AG20

Farming

  • Farm
  • Crops

Utilities

  • Electricity To Lot Line
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 200
  • Assessor Parcel Number 004200015000

Property Details

Property Type

Land

Lot Details

40 Acres

Listing Details

  • Property Sub Type: Other
  • Prop. Type: Land
  • Horses: No
  • Lot Size Acres: 40.0000
  • Road Frontage Type: Other
  • Road Surface Type: Other
  • Directions: Head north on 18th Ave turn left on Fairfax Ave. Property is on your left.
  • New Construction: No
  • Income Producing: No
  • Monthly Rent Amount: 2160.00
  • Restrictions: Williamson Act
  • OFFICELIST_STATE: CALIFORNIA
  • Days On Market: No
  • Formal Living Room: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Private Spa: No
  • Foreclosure: No
  • Entry Location: Rural
  • Broker Approved: Yes
  • Reciprocal Listing: No
  • Master Bedroom: No

Exterior Features

  • Pool Private: No
  • Disclosures: Easements, Leases
  • Price Per Acre: 13000.00

Utilities

  • Electric: On Site
  • Sewer: Septic Tank
  • Water Source: Well, Other
  • Gas Company: Unknown

Condo/Co-op/Association

  • Association: No

Fee Information

  • Rent Income: Crop(s), Lease

Lot Info

  • Current Use: Row Crops
  • Lot Size Sq Ft: 1742400.00
  • Parcel #: 004200015000
  • Zoning: AG20
  • ResoLotSizeUnits: Acres
  • Best Use: Agricultural
  • Future Land Use: Agricultural
  • Lot Description: Farm Lot
  • Water Mineral Rights: No

Rental Info

  • Land Lease Amount: 9120.00
  • Sub Lease: No
  • Sub Lease Expire: 1800-01-01T00:00:00.001-08:00

Multi Family

  • Existing Lease Type: Net

Tax Info

  • Tax Lot: 200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2024
Closed on
Jun 25, 2024
Sold by
Murray John and Murray Beatriz
Bought by
Nieto Salgado Rafael and Arias Munoz Emilia
Seller's Agent
Jaime Martinez
Hoekstra & Associates Inc
Buyer's Agent
Jaime Martinez
Hoekstra & Associates Inc
List Price
$700,000
Sold Price
$520,000
Premium/Discount to List
-$180,000
-25.71%
Views
56
Current Estimated Value
$551,511

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,511
Avg. Annual Appreciation
3.46%
Original Mortgage
$416,000
Outstanding Balance
$411,069
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$140,442

Purchase Details

Closed on
Jun 8, 2020
Sold by
Rodrigues Nelson J
Bought by
Murray John and Murray Beatriz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
3%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 9, 2019
Sold by
Second Amended And Restated Nelson And L
Bought by
Rodrigues Nelson J

Purchase Details

Closed on
Oct 1, 2004
Sold by
Rodriguez Nelson J and Rodrigues Ludy
Bought by
Rodrigues Nelson J and Rodrigues Ludy
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
Nieto Salgado Rafael $520,000 Stewart Title Of California
Murray John $640,000 Stewart Title
Rodrigues Nelson J -- None Listed On Document
Rodrigues Nelson J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nieto Salgado Rafael $416,000
Previous Owner Murray John $308,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/08/2024 07/08/24 Sold $520,000 -1.0% $350 / Sq Ft
05/15/2024 05/15/24 Pending -- -- --
05/10/2024 05/10/24 Price Changed $525,000 +1.0% $353 / Sq Ft
05/10/2024 05/10/24 Price Changed $520,000 +4.0% $350 / Sq Ft
05/07/2024 05/07/24 Price Changed $500,000 -9.1% $336 / Sq Ft
04/02/2024 04/02/24 Price Changed $550,000 -8.3% $370 / Sq Ft
03/22/2024 03/22/24 Price Changed $600,000 -14.3% $403 / Sq Ft
03/07/2024 03/07/24 For Sale $700,000 +9.4% $471 / Sq Ft
08/13/2020 08/13/20 Sold $640,000 -8.6% $430 / Sq Ft View Prior Sale
05/29/2020 05/29/20 Pending -- -- --
01/21/2020 01/21/20 For Sale $700,000 -- $471 / Sq Ft
Source: Kings County Board of REALTORS®

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 $4,948 $385,194 $275,034 $110,160
2023 $4,948 $346,829 $272,025 $74,804
2022 $4,235 $309,786 $236,448 $73,338
2021 $4,199 $312,659 $240,759 $71,900
2020 $429 $272,960 $203,553 $69,407
2019 $3,372 $242,036 $178,646 $63,390
2018 $3,111 $228,253 $166,106 $62,147
2017 $2,911 $242,462 $181,534 $60,928
2016 $1,680 $156,396 $95,294 $61,102
2015 $1,673 $154,047 $93,863 $60,184
2014 $1,624 $151,029 $92,024 $59,005
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Kings County Board of REALTORS®

MLS Number: 229600

APN: 004-200-015-000

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