NOT LISTED FOR SALE

Estimated Value: $481,642

9.74 Acres
$49,450 Price per Acre
424,274 Sq Ft Lot

Last Sold May 26, 2017

Last sale price $280,000

Est. 72% increase in value since last sale

Current estimated payment $2,763/month

88 Days on Market

Highlights

  • Panoramic View
  • 424,274 Sq Ft lot
  • Agricultural
  • Thompson Middle School Rated A-
  • No HOA
  • Partially Fenced Property

About This Lot

As of May 2017

Opportunity of a lifetime! This amazing, flat to rolling 9.74 acre former avocado grove with gentle topography has huge custom home potential. The property borders Carancho Rd and Lillian Lane and has existing electricity and a 1.5” water meter at the street. There are scattered, ancient oak trees and some rock outcroppings that make this property picturesque and unique. With the potential to build, farm, ranch or do all 3, this large, flat tract of land offers endless possibilities! Large estates, ranches and farms are all around. Great location with equal distances to Temecula, Murrieta and Fallbrook. The old grove has been stumped and cleaned but could be revived. Possible new grove, vineyards or horse property as well. Should qualify for 1031 investment "like property," self directed IRA or land banking for future home builders. This is a good one that should be included on your list of “must see” properties.

Last Agent to Sell the Property

John Goga

RedRock License #01156272 Listed on: 01/19/2017

Last Buyer's Agent

Rolf Rawson

Rawson & Associates License #00920606

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,743

Lot Details

  • 9.74 Acre Lot
  • Rural Setting
  • Partially Fenced Property
  • Density is 6-10 Units/Acre
  • Property is zoned A-1-10

Property Views

  • Panoramic
  • Woods
  • Orchard Views
  • Mountain
  • Hills
  • Valley

Farming

  • Agricultural

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 933080027

Property Details

Property Type

Land

Est. Annual Taxes

$2,743

Lot Details

0

Listing Details

  • Road Frontage Type: Country Road
  • Road Surface Type: Paved
  • Subdivision Name Other: De Luz
  • View: Yes
  • Zoning: A-1-10
  • Property Type: Land
  • Parcel Number: 933080027
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 0.66

Exterior Features

  • View: Hills, Mountain(s), Orchard, Panoramic, Trees/Woods, Valley
  • Fencing: Partial

Utilities

  • Utilities: Electricity Available, Water Available
  • Electric: Electricity - On Property
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre, Agricultural - Tree/Orchard, Agricultural - Vine/Vineyard
  • Lot Size Sq Ft: 424274.00

Tax Info

  • Tax Census Tract: 497.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2017
Closed on
May 23, 2017
Sold by
Five Safe T Llc
Bought by
Vogel Corp
Seller's Agent
John Goga
RedRock
Buyer's Agent
Rolf Rawson
Rawson & Associates
List Price
$325,000
Sold Price
$280,000
Premium/Discount to List
-$45,000
-13.85%
Current Estimated Value
$481,642

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,642
Avg. Annual Appreciation
6.65%

Purchase Details

Closed on
Jun 7, 2010
Sold by
Tehrani Shahin and Tehrani Sam
Bought by
Five Safe T Llc

Purchase Details

Closed on
Mar 19, 2009
Sold by
Tehrani Soozan
Bought by
Tehrani Sam

Purchase Details

Closed on
Sep 25, 2008
Sold by
Nevada Trustee Services Group
Bought by
Therani Sam and Tehrani Shahin

Purchase Details

Closed on
Feb 27, 2008
Sold by
Kamaya Land Trust
Bought by
Av Farm Llc

Purchase Details

Closed on
Jun 17, 2006
Sold by
Av Farm Llc
Bought by
Kamaya Land Trust

Purchase Details

Closed on
Aug 11, 2004
Sold by
Stage Ranch Farm Management Inc
Bought by
Av Farm Llc

Purchase Details

Closed on
Feb 22, 2000
Sold by
Academia Limited Partnership
Bought by
Stage Ranch Farm Management Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
8.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 1, 1997
Sold by
Academia Herminio S and Academia Josephine C
Bought by
Academia Ltd Partnership

Purchase Details

Closed on
Apr 4, 1997
Sold by
Strub Jeannette Victoria
Bought by
Strub William F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.86%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 27, 1997
Sold by
Schiro Frank R and Schiro Shirley A
Bought by
Academia Herminio S and Academia Josephine C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.86%
Mortgage Type
Seller Take Back
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
Vogel Corp $280,000 Fidelity National Title
Five Safe T Llc -- None Available
Tehrani Sam -- Lawyers Title La
Mosch Shiva -- Lawyers Title La
Therani Sam $200,000 None Available
Av Farm Llc -- Accommodation
Kamaya Land Trust -- None Available
Av Farm Llc $550,000 Stewart Title Riverside
Stage Ranch Farm Management Inc $203,000 Stewart Title Company
Academia Ltd Partnership -- --
Strub William F -- Stewart Title
Academia Herminio S $100,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stage Ranch Farm Management Inc $200,000
Previous Owner Academia Herminio S $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/26/2017 05/26/17 Sold $280,000 -13.8% --
04/17/2017 04/17/17 Pending -- -- --
01/19/2017 01/19/17 For Sale $325,000 -- --
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 $2,743 $50,901 $50,901 --
2023 $2,743 $42,750 $42,750 $0
2022 $2,793 $42,750 $42,750 $0
2021 $2,793 $42,751 $42,751 $0
2020 $2,759 $40,670 $40,670 $0
2019 $2,728 $38,783 $38,783 $0
2018 $2,758 $40,619 $40,619 $0
2017 $2,760 $40,563 $40,563 $0
2016 $3,169 $76,729 $38,650 $38,079
2015 $3,175 $76,814 $38,895 $37,919
2014 $3,118 $74,841 $37,127 $37,714
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW17013311

California Regional Multiple Listing Service (CRMLS)

APN: 933-080-027