NOT LISTED FOR SALE

1840 Orange Ave Ramona, CA 92065

Estimated Value: $780,381 - $922,000

9.17 Acres
$92,823 Price per Acre
399,445 Sq Ft Lot

Last Sold July 13, 2020

Last sale price $550,000

Est. 55% increase in value since last sale

Current estimated payment $5,062/month

270 Days on Market

About This Lot

As of July 2020

Cultivators Dream Property! 9+ acres of usable land with an acre of established greenhouses. This property is surrounded by trees for privacy. The existing infrastructure is perfectly suited to lucrative business models. RV Pad with Hookups. Horse stalls, shade structure, micro-office, numerous storage containers. Automatic Backup Generator. Ample parking and turnaround for semi-trucks. Potential for Residential Development. Water Meter. **Buyer to investigate Cannabis Cultivation rules/regulations** Neighborhoods: Pile/Magnolia Other Fees: 0

Last Agent to Sell the Property

Kent Dover

Fern Induvesa License #02047735 Listed on: 10/03/2019

Co-Listed By

Meriah Druliner

Fern Induvesa License #01997162

Last Buyer's Agent

Brenda Miller

Coldwell Banker-Cupertino-Stevens Creek License #01148507

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,742

Lot Details

  • 9.17 Acre Lot
  • The property's topography is level

Utilities

  • Propane

Listing and Financial Details

  • Assessor Parcel Number 2791303300

Property Details

Property Type

Land

Est. Annual Taxes

$6,742

Lot Details

0

Listing Details

  • Subdivision Name Other: Ramona
  • Property Type: Land
  • Parcel Number: 2791303300
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Utilities: Propane

Lot Info

  • Topography: Level
  • Lot Size Acres: 9.1700

Multi Family

  • Lot Size Area: 9.1700 Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2019
Closed on
Jul 8, 2020
Sold by
Li Cuifang
Bought by
Wang Xiansheng
Seller's Agent
Kent Dover
Fern Induvesa
Buyer's Agent
Brenda Miller
Coldwell Banker-Cupertino-Stevens Creek
List Price
$699,000
Sold Price
$550,000
Premium/Discount to List
-$149,000
-21.32%
Current Estimated Value
$851,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$301,191
Avg. Annual Appreciation
8.62%
Original Mortgage
$210,000
Outstanding Balance
$186,214
Interest Rate
3.1%
Mortgage Type
Seller Take Back
Estimated Equity
$664,977

Purchase Details

Listed on
Oct 3, 2019
Closed on
Jul 2, 2020
Sold by
Rutledge David C
Bought by
Wang Xiansheng
Seller's Agent
Kent Dover
Fern Induvesa
Buyer's Agent
Brenda Miller
Coldwell Banker-Cupertino-Stevens Creek
List Price
$699,000
Sold Price
$550,000
Premium/Discount to List
-$149,000
-21.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Outstanding Balance
$186,214
Interest Rate
3.1%
Mortgage Type
Seller Take Back
Estimated Equity
$664,977

Purchase Details

Closed on
May 26, 2005
Sold by
Rutledge David C
Bought by
Rutledge David C

Purchase Details

Closed on
Aug 4, 2003
Sold by
Ramona Family Partnership Lp
Bought by
Rutledge David C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
5.46%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 20, 1995
Sold by
Bolinger Gerald Lee
Bought by
Ramona Family Partnership Lp
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
Wang Xiansheng -- Corinthian Title Company Inc
Wang Xiansheng $550,000 Corinthian Title Company Inc
Rutledge David C -- --
Rutledge David C $275,000 First American Title
Ramona Family Partnership Lp $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Xiansheng $210,000
Previous Owner Rutledge David C $205,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2020 07/13/20 Sold $550,000 -21.3% --
06/29/2020 06/29/20 Pending -- -- --
10/03/2019 10/03/19 For Sale $699,000 -- --
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 $6,742 $595,337 $541,216 $54,121
2024 $6,742 $583,664 $530,604 $53,060
2023 $6,233 $572,220 $520,200 $52,020
2022 $6,332 $561,000 $510,000 $51,000
2021 $6,223 $550,000 $500,000 $50,000
2020 $4,180 $357,507 $331,509 $25,998
2019 $4,083 $350,498 $325,009 $25,489
2018 $3,980 $343,627 $318,637 $24,990
2017 $3,909 $336,890 $312,390 $24,500
2016 $3,838 $330,285 $306,265 $24,020
2015 $3,787 $325,325 $301,665 $23,660
2014 $3,508 $300,000 $278,000 $22,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 200011962

California Regional Multiple Listing Service (CRMLS)

APN: 279-130-33