NOT LISTED FOR SALE

18393 August Ave Hilmar, CA 95324

Estimated Value: $4,355,638

164 Acres
$26,559 Price per Acre
7,143,840 Sq Ft Lot

Sale Details

Date Sold: April 25, 2022

Last sale price $5,986,000

Est. 27% decrease in value since last sale

Current estimated payment $27,689 / mo

20 Days on Market

Highlights

  • 164 Acre Lot
  • No HOA
  • Agricultural

About This Lot

As of April 2022

Don't miss out on this opportunity to own this large 164-acre tract of land in the wonderful community of Hilmar, Ca located in Merced County. 2 parcels are separated by a county road, 42.9 acres are north of August Ave and 121.1 Acres are south of August Ave. All 164 acres are in Turlock Irrigation District one of the best irrigation districts in the state. One ag irrigation well producing 1800 GPM - to be confirmed during due diligence period. There are multiple homes, outbuildings and structures on the property that can we refurbished and/or demolished. The property has been laser leveled and the most recent crops have been corn and oats. Property is ideal for a permanent planting. There are no current leases on the property. This is a Probate Sale.

Last Agent to Sell the Property

Chris Colston

Powerhouse Realty License #01397247 Listed on: 11/26/2021

Co-Listed By

Jed Kruppa

Powerhouse Realty License #02121131

Last Buyer's Agent

Chris Colston

Powerhouse Realty License #01397247 Listed on: 11/26/2021

Property Details

Property Type

  • Land

Lot Details

  • 164 Acre Lot
  • Property fronts a county road
  • Irregular Lot
  • Possible uses of the property include Agricultural
  • Property is zoned A1, Agricultural

Farming

  • Agricultural

Utilities

  • Well
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 045-160-067-000

Property Details

Property Type

Land

Lot Details

164 Acres

Listing Details

  • Property Type: Land
  • Property Subtype 1: Agriculture
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Horse Property: No
  • Listing Price: 6560000.00
  • Lot Features: Shape Irregular, Shape Regular
  • Road Frontage: County Road
  • Topography: Agricultural Leveled
  • Additional Living Units: No
  • Soil: Class 1

Utilities

  • Sewer: Septic Tank
  • Utilities: Public
  • Water Source: Domestic Well Capped, Irrigation District

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Hilmar Unified

Lot Info

  • Zoning: A1
  • Crops: None
  • Current Use: Agricultural
  • Development Status: Farm Land
  • Zoning Description: Agricultural
  • Irrigation: Public District
  • Lot Size Acres: 164.0000
  • Lot Size Sq Ft: 7143840.00
  • Possible Use: Agricultural

Multi Family

  • Income Includes: None

Tax Info

  • Assessor Parcel Number: 045-160-067-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Merced

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2021
Closed on
May 2, 2022
Sold by
Bought by
Seller's Agent
Chris Colston
Powerhouse Realty
Buyer's Agent
Chris Colston
Powerhouse Realty
List Price
$6,560,000
Sold Price
$5,986,000
Premium/Discount to List
-$574,000
-8.75%
Current Estimated Value
$4,355,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,630,362
Avg. Annual Appreciation
-7.45%
Original Mortgage
$3,100,000
Interest Rate
0.051%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 26, 2021
Closed on
Apr 13, 2022
Sold by
Bought by
Seller's Agent
Chris Colston
Powerhouse Realty
Buyer's Agent
Chris Colston
Powerhouse Realty
List Price
$6,560,000
Sold Price
$5,986,000
Premium/Discount to List
-$574,000
-8.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,100,000
Interest Rate
0.051%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 2021
Sold by
Bought by

Purchase Details

Closed on
Mar 18, 2021
Sold by
Bought by

Purchase Details

Closed on
Nov 22, 2006
Sold by
Bought by

Purchase Details

Closed on
Dec 13, 2004
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,566,000 Stewart Title Of California
-- Stewart Title Of California
$4,420,500 Stewart Title Of California
-- None Listed On Document
-- None Available
-- None Available
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $3,100,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/25/2022 04/25/22 Sold $5,986,000 -8.8% --
12/16/2021 12/16/21 Pending -- -- --
11/26/2021 11/26/21 For Sale $6,560,000 -- --
Source: MetroList

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $49,955 $4,691,289 $4,690,539 $750
2024 $49,955 $4,599,068 $4,598,568 $500
2023 $48,561 $4,508,900 $4,508,400 $500
2022 $36,467 $3,420,091 $3,335,400 $84,691
2021 $36,467 $3,353,091 $3,270,000 $83,091
2020 $17,054 $1,557,518 $1,370,010 $187,508
2019 $6,652 $600,174 $353,707 $246,467
2018 $6,103 $588,471 $346,772 $241,699
2017 $5,969 $576,700 $339,973 $236,727
2016 $5,853 $565,859 $333,307 $232,552
2015 $5,784 $557,411 $328,301 $229,110
2014 $5,647 $546,560 $321,871 $224,689
Source: Public Records

Agents Affiliated with this Home

  • Chris Colston

    Seller's Agent in 2022

    Chris Colston

    Powerhouse Realty

    (209) 485-1572

    89 Total Sales

    Chris Colston
    Section Image
  • Jed Kruppa

    Seller Co-Listing Agent in 2022

    Jed Kruppa

    Powerhouse Realty

    (209) 617-6727

    7 Total Sales

    Jed Kruppa
    Section Image
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Map

Source: MetroList

MLS Number: 221147905

MetroList

APN: 045-400-005

California Merced County Hilmar 95324

18393 August Ave, Hilmar, CA

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.

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