Seller's Agent in 2019
JT Contrestano
Real Broker
(559) 360-2931
138 Total Sales
23760 Potter Rd Salinas, CA 93908
Estimated Value: $6,238,701
9.95
Acres
$627,005
Price per Acre
433,422
Sq Ft Lot
Highlights
- 9.95 Acre Lot
- No HOA
- Agricultural
About This Lot
As of February 2019Prime parcel in Monterey County ideal for cannibus cultivation. Equipped with green house structures and the land is permitted to build more.
Property Details
Property Type
- Land
Lot Details
- 9.95 Acre Lot
- Rural Setting
- Property is zoned Nursery/Greenhouse/Floris
Farming
- Agricultural
Utilities
- Agricultural Well Water Source
- Well
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 137051025000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 21, 2023
Sold by
Rgc Holdings Llc
Bought by
Potter Road Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,400,000
Outstanding Balance
$2,342,641
Interest Rate
6.78%
Estimated Equity
$3,896,060
Purchase Details
Closed on
Feb 3, 2021
Sold by
Rich Joshua
Bought by
Rgc Holdings Llc
Purchase Details
Listed on
Jul 2, 2018
Closed on
Feb 25, 2019
Sold by
Cvs Agribusiness Llc
Bought by
Rich Joshua
Seller's Agent
JT Contrestano
Real Broker
Buyer's Agent
JT Contrestano
Real Broker
List Price
$5,500,000
Sold Price
$4,500,000
Premium/Discount to List
-$1,000,000
-18.18%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.79%
Original Mortgage
$3,920,000
Interest Rate
4.4%
Mortgage Type
Unknown
Purchase Details
Closed on
Feb 28, 2006
Sold by
Central Valley Seeds
Bought by
Cvs Agribusiness Llc
Purchase Details
Closed on
Sep 27, 2005
Sold by
Kuramura Mitsumori and Kuramura Tatsuo
Bought by
Central Valley Seeds
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.72%
Mortgage Type
Commercial
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Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Potter Road Llc | $5,400,000 | Orange Coast Title | |
| Rgc Holdings Llc | -- | Orange Coast Ttl Co Of Nocal | |
| Rich Joshua | $4,500,000 | Orange Coast Title Co | |
| Cvs Agribusiness Llc | -- | None Available | |
| Central Valley Seeds | $1,550,000 | First American Title | |
| Kuramura Mitsumori | -- | First American Title | |
| Kuramura Tatsuo | -- | First American Title | |
| Kuramura Mitsumori | -- | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Potter Road Llc | $2,400,000 | |
| Closed | Potter Road Llc | $3,000,000 | |
| Previous Owner | Rich Joshua | $3,920,000 | |
| Previous Owner | Central Valley Seeds | $1,500,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/28/2019 02/28/19 | Sold | $4,500,000 | -10.0% | -- |
| 02/14/2019 02/14/19 | Pending | -- | -- | -- |
| 01/18/2019 01/18/19 | Price Changed | $5,000,000 | -9.1% | -- |
| 01/16/2019 01/16/19 | For Sale | $5,500,000 | 0.0% | -- |
| 08/29/2018 08/29/18 | Pending | -- | -- | -- |
| 07/02/2018 07/02/18 | For Sale | $5,500,000 | -- | -- |
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 | $52,987 | $5,508,000 | $4,284,000 | $1,224,000 |
| 2024 | $52,987 | $5,400,000 | $4,200,000 | $1,200,000 |
| 2023 | $51,879 | $4,824,907 | $3,752,706 | $1,072,201 |
| 2022 | $51,421 | $4,730,302 | $3,679,124 | $1,051,178 |
| 2021 | $49,424 | $4,637,552 | $3,606,985 | $1,030,567 |
| 2020 | $49,793 | $4,590,000 | $3,570,000 | $1,020,000 |
| 2019 | $20,729 | $1,898,853 | $857,546 | $1,041,307 |
| 2018 | $20,265 | $1,861,622 | $840,732 | $1,020,890 |
| 2017 | $20,148 | $1,825,121 | $824,248 | $1,000,873 |
| 2016 | $10,291 | $951,494 | $450,000 | $501,494 |
| 2015 | $10,461 | $951,494 | $450,000 | $501,494 |
| 2014 | $9,359 | $851,494 | $350,000 | $501,494 |
Source: Public Records
Agents Affiliated with this Home
-
JT Contrestano
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: FR18160868
APN: 137-051-025-000
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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