$1,500,000
SOLD NOV 26, 2025

2555 Jensen Rd Gustine, CA 95322

44.63 Acres
$33,610 Price per Acre
1,944,083 Sq Ft Lot

Recently Sold

7% Below List Price

98 Days on Market

Highlights

  • Horses Allowed On Property
  • No HOA
  • Crops Farm
  • 44.63 Acre Lot
  • Horse or Livestock Barn
  • Agricultural

About This Lot

As of November 2025

Looking for a property that is close-in to the City limits of a California town. This is the one. Any potential buyer should check with the City of Gustine for any future development (if that is their desired use). The property is not in the Williamson Act. The land is currently planted in Alfalfa with a lease that can potentially be bought out. There are two houses that are in poor condition, all prospects shall satisfy themselves as to the feasibility of rehabbing them. The barn on the property is in relatively good condition with concrete floor. The ranch is in the Central California Irrigation District (CCID) and is currently being flood irrigated. It is adjacent to the CCID canal.

Last Agent to Sell the Property

Lynn Garber

PMZ Commercial Real Estate License #01313826 Listed on: 07/14/2025

PMZ Commercial Real Estate

Last Buyer's Agent

Lynn Garber

PMZ Commercial Real Estate License #01313826 Listed on: 07/14/2025

PMZ Commercial Real Estate

Property Details

Property Type

  • Land

Lot Details

  • 44.63 Acre Lot
  • Property fronts a highway
  • Irregular Lot
  • Possible uses of the property include Agricultural, Row Crops, Orchard
  • Property is zoned A-1, Agricultural

Additional Homes

  • Accessory Dwelling Unit (ADU)

Farming

  • Horse or Livestock Barn
  • Crops Farm
  • Crops
  • Agricultural

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Hay Storage

Utilities

  • Gas Tank Leased
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 021-050-002-000

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Subtype 1: Agriculture
  • Primary Residence: 31+ Years Old, Over 1500 SqFt, Bath 2+
  • Special Features: None
  • Property Sub Type: LotsLands
  • Stories: 0

Interior Features

  • Additional Living Description: 31+ Years Old, Under 1500 SqFt

Exterior Features

  • Other Structures: Barn(s)
  • Disclosures/Documents: Aerial Map
  • Home Warranty: No
  • Horse Property: Yes
  • Listing Price: 1615000.00
  • Lot Features: Shape Irregular
  • New Construction: No
  • Pool: No
  • Road Frontage: County Road, Highway
  • Road Surface Type: Paved
  • Spa: No
  • Topography: Agricultural Leveled,Agricultural Leveled
  • Additional Living Units: Yes

Utilities

  • Sewer: Septic Tank
  • Utilities: Propane Tank Leased, Natural Gas Available
  • Electric: Electric Available
  • Water Source: Domestic Well With Pump, Irrigation District

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Gustine Unified

Lot Info

  • Horse Amenities: Barn, Hay Storage
  • Zoning: A-1
  • Crops: Row Crops
  • Current Use: Agricultural, Row Crops, Single Family
  • Development Status: Farm Land
  • Zoning Description: Agricultural
  • Irrigation: District
  • Lot Size Acres: 44.6300
  • Lot Size Sq Ft: 1944083.00
  • Possible Use: Agricultural, Row Crops, Orchard

Multi Family

  • Income Includes: ["Crop(s)","Improvements"]

Tax Info

  • Assessor Parcel Number: 021-050-002-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Merced

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2025
Closed on
Nov 20, 2025
Sold by
Overholtzer Family Limited Partnership
Bought by
Thommen Dairy Partnership
Seller's Agent
Lynn Garber
PMZ Commercial Real Estate
Buyer's Agent
Lynn Garber
PMZ Commercial Real Estate
List Price
$1,615,000
Sold Price
$1,500,000
Premium/Discount to List
-$115,000
-7.12%
Views
21

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
254.99%
Original Mortgage
$750,000
Outstanding Balance
$749,291
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$910,709

Purchase Details

Closed on
Aug 31, 2005
Sold by
K-D Land & Cattle Investments Llc
Bought by
Overholtzer Family Lp

Purchase Details

Closed on
Dec 10, 2002
Sold by
K D Land & Cattle Investments Llc
Bought by
Overholtzer Family Ltd Partnership

Purchase Details

Closed on
Nov 29, 1999
Sold by
Machado Mayme Cecilia Family Trust and Annette Cecilia Annette
Bought by
Hansen Nels C and Hansen Cecilia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7.96%
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 Type Sale Price Title Company
Grant Deed $1,500,000 Placer Title
Quit Claim Deed -- Chicago Title Co
Quit Claim Deed -- Chicago Title Co
Grant Deed $2,450,000 Chicago Title Company
Interfamily Deed Transfer -- Transcounty Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $750,000 New Conventional
Previous Owner $400,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/26/2025 11/26/25 Sold $1,500,000 -7.1% --
10/20/2025 10/20/25 Pending -- -- --
07/14/2025 07/14/25 For Sale $1,615,000 -- --
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 $19,168 $1,775,000 $1,575,000 $200,000
2024 $19,168 $1,815,000 $1,575,000 $240,000
2023 $19,006 $1,810,000 $1,575,000 $235,000
2022 $16,611 $1,575,000 $1,350,000 $225,000
2021 $16,707 $1,575,000 $1,350,000 $225,000
2020 $15,620 $1,470,000 $1,245,000 $225,000
2019 $15,334 $1,440,000 $1,215,000 $225,000
2018 $15,309 $1,440,000 $1,215,000 $225,000
2017 $13,885 $1,305,000 $1,170,000 $135,000
2016 $13,374 $1,240,000 $1,080,000 $160,000
2015 $12,428 $1,160,000 $945,000 $215,000
2014 $7,348 $710,000 $585,000 $125,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 225093166

MetroList

APN: 021-050-002