NOT LISTED FOR SALE

Estimated Value: $622,000 - $919,062

18 Acres
$42,807 Price per Acre
784,080 Sq Ft Lot

Last Sold January 08, 2016

Last sale price $450,000

Est. 71% increase in value since last sale

Current estimated payment $4,583/month

40 Days on Market

Highlights

  • 18 Acre Lot
  • No HOA
  • Agricultural

About This Lot

As of January 2016

Perfect ag land with potential to build your custom home/ranchette. 18 AC of ag land within minutes of Downtown Merced.Within sphere of influence of City of Merced (check w/ city). Access to irrigation ditch (contact MID)

Last Agent to Sell the Property

David Quinonez

PMZ Commercial Real Estate License #01853323 Listed on: 11/04/2015

PMZ Commercial Real Estate

Last Buyer's Agent

David Quinonez

PMZ Commercial Real Estate License #01853323 Listed on: 11/04/2015

PMZ Commercial Real Estate

Property Details

Property Type

  • Land

Lot Details

  • 18 Acre Lot
  • Possible uses of the property include Agricultural,Row Crops,Single Family
  • Property is zoned A-R, Agricultural,Agricultural/Residential

Farming

  • Agricultural

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 061-071-001

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Subtype 1: Agriculture
  • Primary Residence: None
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Other Equipment: None

Exterior Features

  • Other Structures: None
  • Disclosures/Documents: CC&Rs,None,Other
  • Horse Property: No
  • Listing Price: 535000.00
  • Road Frontage: Easement,Highway Exposure
  • Road Surface Type: Other
  • Additional Living Units: No

Utilities

  • Sewer: See Remarks
  • Utilities: See Remarks
  • Water Source: See Remarks

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Merced Union High

Lot Info

  • Zoning: A-R
  • Crops: None
  • Current Use: Agricultural,Row Crops,Vacant
  • Development Status: Farm Land
  • Zoning Description: Agricultural,Agricultural/Residential
  • Irrigation: Other
  • Lot Size Acres: 18.0000
  • Lot Size Sq Ft: 784080
  • Possible Use: Agricultural,Row Crops,Single Family

Multi Family

  • Income Includes: None

Tax Info

  • Assessor Parcel Number: 061-071-001
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Merced

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 14, 2021
Sold by
Thiara Jinder S and Thiara Michelle L
Bought by
Thiara Investment Trust
Current Estimated Value
$770,531

Purchase Details

Closed on
Apr 13, 2016
Sold by
Thiara Jinder S and Symes Thiara Michelle L
Bought by
Thiara Jinder S and Symes Thiara Michelle L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
3.71%
Mortgage Type
Commercial

Purchase Details

Listed on
Nov 4, 2015
Closed on
Jan 6, 2016
Sold by
Mcmonegal John P
Bought by
Thiara Jinder S and Thiara Michelle S
Seller's Agent
David Quinonez
PMZ Commercial Real Estate
Buyer's Agent
David Quinonez
PMZ Commercial Real Estate
List Price
$575,000
Sold Price
$450,000
Premium/Discount to List
-$125,000
-21.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.53%

Purchase Details

Closed on
Oct 6, 1998
Sold by
Jean Mcmonegal Patricia
Bought by
Mcmonegal Patricia J
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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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
Thiara Investment Trust -- Murphy & Brawley Llp
Thiara Jinder S -- Fidelity National Title Co
Thiara Jinder S $450,000 Fidelity National Title Co
Mcmonegal Patricia J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thiara Jinder S $275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/08/2016 01/08/16 Sold $450,000 -21.7% --
12/14/2015 12/14/15 Pending -- -- --
11/04/2015 11/04/15 For Sale $575,000 -- --
Source: MetroList

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 $6,691 $621,340 $532,705 $88,635
2024 $6,691 $609,158 $522,260 $86,898
2023 $6,527 $597,215 $512,020 $85,195
2022 $6,492 $585,506 $501,981 $83,525
2021 $5,904 $521,086 $492,139 $28,947
2020 $5,842 $515,744 $487,093 $28,651
2019 $5,636 $505,633 $477,543 $28,090
2018 $5,468 $495,720 $468,180 $27,540
2017 $5,080 $459,000 $459,000 $0
2016 $679 $59,000 $59,000 $0
2015 $658 $58,114 $58,114 $0
2014 $640 $56,976 $56,976 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 15071237

MetroList

APN: 061-071-001