NOT LISTED FOR SALE

Estimated Value: $1,713,850

21.5 Acres
$79,714 Price per Acre
936,540 Sq Ft Lot

Sale Details

Date Sold: May 12, 2021

Last sale price $1,600,000

Est. 7% increase in value since last sale

Current estimated payment $10,376 / mo

15 Days on Market

Highlights

  • 21.5 Acre Lot
  • Fenced
  • Gentle Sloping Lot
  • Agricultural

About This Lot

As of May 2021

Kusumoto Farms is located in the Pajaro Valley of Santa Cruz County and is a beautiful property consisting of approximately 21.50 acres currently planted in strawberries. This farm has been in the same family since 1954. Well was installed in 1996 with a yield of approximately 1250 GPM. In 2012 a new submersible pump was installed with a variable frequency drive system and filter. There are underground main lines that service the property. Soils are primarily moderately sloping loam. The property is zoned Commercial Agriculture which, per the county, allowed uses include: commercial agriculture, farm buildings, livestock raising, greenhouses, farm worker camps and one single family dwelling. This farm is currently leased until November 1, 2020.

Last Agent to Sell the Property

Lisa Brom

Sotheby’s International Realty License #01893705 Listed on: 09/04/2020

Sotheby’s International Realty

Last Buyer's Agent

Lisa Brom

Sotheby’s International Realty License #01893705 Listed on: 09/04/2020

Sotheby’s International Realty
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Property Details

Property Type

  • Land

Lot Details

  • 21.5 Acre Lot
  • Fenced
  • Gentle Sloping Lot
  • Irrigation

Additional Features

  • Agricultural
  • Horses Potentially Allowed on Property
  • Well

Property Details

Property Type

Land

Lot Details

21.5 Acres

Listing Details

  • Zoning: CA
  • Subclass: Commercial Agricultural Land
  • Listing Class: Commercial Lots & Land
  • Present Use: Agricultural
  • Development Status: Farm Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Horse Property: Possible
  • Fencing: Fenced

Lot Info

  • Lot Description: Agricultural Use, Grade - Gently Sloped
  • Lot Acres: 21.5000
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 936540.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 936540.00
  • Soil: Loam
  • Parcel Access: Paved Road

Multi Family

  • Utilities: Electricity - On Site

MLS Schools

  • High School District Text: Pajaro Valley Unified

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
Sep 4, 2020
Closed on
Apr 27, 2021
Sold by
Bought by
Seller's Agent
Lisa Brom
Sotheby’s International Realty
Buyer's Agent
Lisa Brom
Sotheby’s International Realty
List Price
$1,600,000
Sold Price
$1,600,000
Current Estimated Value
$1,713,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,850
Avg. Annual Appreciation
1.32%
Original Mortgage
$840,000
Outstanding Balance
$744,856
Interest Rate
3.1%
Mortgage Type
Commercial
Estimated Equity
$968,994

Purchase Details

Closed on
Apr 19, 2007
Sold by
Bought by

Purchase Details

Closed on
Oct 27, 1999
Sold by
Bought by

Purchase Details

Closed on
Jun 10, 1996
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
-- First American Title
-- First American Title
-- 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
Open $840,000
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
05/12/2021 05/12/21 Sold $1,600,000 0.0% --
09/20/2020 09/20/20 Pending -- -- --
09/04/2020 09/04/20 For Sale $1,600,000 -- --
Source: MLSListings

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 $11,256 $916,495 $916,495
2023 $10,033 $880,907 $880,907 $0
2022 $9,856 $863,634 $863,634 $0
2021 $1,231 $78,682 $78,682 $0
2020 $1,218 $77,876 $77,876 $0
2019 $1,203 $76,349 $76,349 $0
2018 $1,182 $74,852 $74,852 $0
2017 $1,176 $73,384 $73,384 $0
2016 $1,155 $71,945 $71,945 $0
2015 $1,067 $70,864 $70,864 $0
2014 $1,050 $69,476 $69,476 $0
Source: Public Records

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Map

Source: MLSListings

MLS Number: ML81809377

MLSListings

APN: 046-031-07-000

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