NOT LISTED FOR SALE

21484 W Jensen Ave Kerman, CA 93630

Estimated Value: $7,413,412

327.49 Acres
$22,637 Price per Acre
14,265,460 Sq Ft Lot

Sale Details

Date Sold: May 23, 2018

Last sale price $9,350,000

Est. 21% decrease in value since last sale

Current estimated payment $41,472 / mo

29 Days on Market

Highlights

  • 14,265,464 Sq Ft lot
  • No HOA
  • Agricultural

About This Lot

As of May 2018

Strong and healthy 327 acre almond orchard planted in 2005. Solid production history and meticulously maintained. Approximately 310 acres planted in Non-pareil (50%), Monterey (40%) and Price (10%). Spacious yard area with a 60 X 100 pole barn and a 20 X 30 shop. Two 100 HP pumps and one 75 HP pump irrigate this orchard by a fan jet drip system. Can be flood irrigated as well. Low interest assumable loan. A solid money maker and an outstanding investment. A rare opportunity!

Last Agent to Sell the Property

Cherie Smith

Boyd & Associates License #01442806 Listed on: 03/13/2018

Last Buyer's Agent

Cherie Smith

Boyd & Associates License #01442806 Listed on: 03/13/2018

Property Details

Property Type

  • Land

Lot Details

  • 327.49 Acre Lot
  • Drip System Landscaping
  • Property is zoned AE20

Additional Features

  • Suburban Location
  • Agricultural
  • Agricultural Well Water Source

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 01513041S

Property Details

Property Type

Land

Lot Details

327.49 Acres

Listing Details

  • View: No
  • Zoning: AE20
  • Property Type: Land
  • Parcel Number: 01513041S
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 0.66

Utilities

  • Utilities: Electricity Available
  • Water Source: Agricultural Well

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Agricultural - Tree/Orchard, Sprinklers Drip System
  • Lot Size Sq Ft: 14265464.00

Tax Info

  • Tax Census Tract: 39.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2018
Closed on
May 8, 2018
Sold by
Kenco Investments Inc
Bought by
Nijjar Brothers Farms Llc
Seller's Agent
Cherie Smith
Boyd & Associates
Buyer's Agent
Cherie Smith
Boyd & Associates
List Price
$9,750,000
Sold Price
$9,350,000
Premium/Discount to List
-$400,000
-4.1%
Current Estimated Value
$7,413,412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,936,588
Avg. Annual Appreciation
-2.89%
Original Mortgage
$3,649,084
Outstanding Balance
$3,141,982
Interest Rate
4.4%
Mortgage Type
Unknown
Estimated Equity
$4,271,430

Purchase Details

Closed on
Nov 19, 2004
Sold by
Fowler Edward A
Bought by
Kenco Investments Inc

Purchase Details

Closed on
Nov 13, 1997
Sold by
Fowler Edward A
Bought by
Fowler Edward A

Purchase Details

Closed on
Apr 24, 1995
Sold by
Powler Bill E
Bought by
Fowler Edward A
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
Nijjar Brothers Farms Llc $4,649,500 Chicago Title Company
Kenco Investments Inc -- Chicago Title Co
Fowler Edward A -- --
Fowler Edward A -- American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nijjar Brothers Farms Llc $3,649,084
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2018 05/23/18 Sold $9,350,000 -4.1% --
04/11/2018 04/11/18 Pending -- -- --
03/13/2018 03/13/18 For Sale $9,750,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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 $25,550 $1,579,720 $772,729 $806,991
2023 $28,971 $1,885,494 $791,079 $1,094,415
2022 $30,851 $2,024,516 $884,648 $1,139,868
2021 $29,702 $1,942,594 $842,117 $1,100,477
2020 $32,254 $2,164,680 $790,768 $1,373,912
2019 $35,037 $2,373,647 $790,768 $1,582,879
2018 $33,464 $2,383,133 $745,322 $1,637,811
2017 $35,551 $3,079,310 $676,338 $2,402,972
2016 $34,272 $3,208,523 $715,208 $2,493,315
2015 $34,031 $3,165,937 $1,612,135 $1,553,802
2014 $31,715 $2,954,904 $877,205 $2,077,699
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: FR18058278

California Regional Multiple Listing Service (CRMLS)

APN: 015-130-41S

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