NOT LISTED FOR SALE

28490 Husman Rd Gustine, CA 95322

Estimated Value: $924,000 - $2,484,581

917 Acres
$1,859 Price per Acre
39,944,520 Sq Ft Lot

Last Sold July 27, 2018

Last sale price $12,750,000

Current estimated payment $10,976/month

77 Days on Market

Highlights

  • 917 Acre Lot
  • Crops Farm
  • Agricultural
  • No HOA

About This Lot

As of July 2018

917 acre ranch with dairy. CCID water district and pumps, free stalls, commodity barn, heifer facility, large lagoons with settling ponds and separator, several homes, ranch suitable for trees, currently being farm in corn and oats and operating dairy. CCID water rights on 400 acres.

Last Agent to Sell the Property

Larry Matos

Century 21 Select Real Estate License #01156314 Listed on: 02/08/2018

Century 21 Select Real Estate

Last Buyer's Agent

William Mattos

Valley Real Estate Sales, Inc. License #01211815

Property Details

Property Type

  • Land

Lot Details

  • 917 Acre Lot
  • Possible uses of the property include Agricultural
  • Property is zoned Agriculture, Agricultural

Additional Homes

  • Accessory Dwelling Unit (ADU)

Farming

  • Crops Farm
  • Crops
  • Agricultural

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 070-030-020-000

Property Details

Property Type

Land

Lot Details

917 Acres

Listing Details

  • Property Type: Land
  • Property Subtype 1: Agriculture
  • Primary Residence: 31+ Years Old
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Other Equipment: Call Listing Agent
  • Additional Living Description: 31+ Years Old

Exterior Features

  • Other Structures: Barn,Commodity Shed,Free Stall Barn
  • Disclosures/Documents: Easement,Livestock Possible,Natural Hazard Disclosure Available,Possible Wetlands,Mineral Rights CLA
  • Listing Price: 18550000.00
  • Lot Features: See Remarks
  • Road Surface Type: Paved
  • Additional Living Units: Yes
  • Soil: See Remarks

Utilities

  • Utilities: See Remarks
  • Water Source: Domestic Well With Pump,Irrigation District

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Gustine Unified

Lot Info

  • Zoning: Agriculture
  • Crops: Row Crops
  • Current Use: Agricultural
  • Development Status: Farm Land
  • Zoning Description: Agricultural
  • Irrigation: Deep Water Turbine,District
  • Lot Size Acres: 917.0000
  • Lot Size Sq Ft: 39944520
  • Possible Use: Agricultural

Multi Family

  • Income Includes: Crop(s)

Tax Info

  • Assessor Parcel Number: 070-030-020-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Merced

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2018
Closed on
Jul 26, 2018
Sold by
Lopes Lenna Mary
Bought by
Tll Ranch L P
Seller's Agent
Larry Matos
Century 21 Select Real Estate
Buyer's Agent
William Mattos
Valley Real Estate Sales, Inc.
List Price
$18,550,000
Sold Price
$12,750,000
Premium/Discount to List
-$5,800,000
-31.27%
Current Estimated Value
$1,704,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,045,709
Avg. Annual Appreciation
-23.18%
Original Mortgage
$11,370,000
Outstanding Balance
$9,875,589
Interest Rate
4.6%
Mortgage Type
Commercial
Estimated Equity
-$8,171,298

Purchase Details

Listed on
Feb 8, 2018
Closed on
Jul 20, 2018
Sold by
Lopes Paul Phillip
Bought by
Tll Ranch Lp
Seller's Agent
Larry Matos
Century 21 Select Real Estate
Buyer's Agent
William Mattos
Valley Real Estate Sales, Inc.
List Price
$18,550,000
Sold Price
$12,750,000
Premium/Discount to List
-$5,800,000
-31.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,370,000
Outstanding Balance
$9,875,589
Interest Rate
4.6%
Mortgage Type
Commercial
Estimated Equity
-$8,171,298

Purchase Details

Listed on
Feb 8, 2018
Closed on
Jul 19, 2018
Sold by
Tll Ranch Lp
Bought by
Lopes Paul P and Lopes Darlene M
Seller's Agent
Larry Matos
Century 21 Select Real Estate
Buyer's Agent
William Mattos
Valley Real Estate Sales, Inc.
List Price
$18,550,000
Sold Price
$12,750,000
Premium/Discount to List
-$5,800,000
-31.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,370,000
Outstanding Balance
$9,875,589
Interest Rate
4.6%
Mortgage Type
Commercial
Estimated Equity
-$8,171,298

Purchase Details

Closed on
Oct 16, 2009
Sold by
Lopes Anthony Leonard and Lopes Lenna Mary
Bought by
Tll Ranch Lp

Purchase Details

Closed on
Jun 28, 1999
Sold by
Trustees Lopes Anthony Leonard & Lenna M
Bought by
Lopes Anthony Leonard
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
Tll Ranch L P -- Cypress Title Corporation
Tll Ranch Lp -- Cypress Title Corporation
Tll Ranch Lp -- Cypress Title Corporation
Lopes Paul P $12,750,000 Cypress Title Corporation
Tll Ranch Lp -- None Available
Koenig Steve -- None Available
Lopes Anthony Leonard -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopes Paul P $11,370,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2018 07/27/18 Sold $12,750,000 -31.3% --
04/26/2018 04/26/18 Pending -- -- --
02/08/2018 02/08/18 For Sale $18,550,000 -- --
Source: MetroList

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 $26,455 $2,405,981 $469,635 $1,936,346
2024 $26,455 $2,440,507 $497,650 $1,942,857
2023 $24,990 $2,310,194 $495,472 $1,814,722
2022 $24,802 $2,291,300 $516,103 $1,775,197
2021 $24,667 $2,267,072 $514,152 $1,752,920
2020 $24,401 $2,239,260 $489,930 $1,749,330
2019 $23,971 $2,194,208 $467,558 $1,726,650
2018 $22,867 $2,156,557 $242,933 $1,913,624
2017 $22,159 $2,091,180 $238,171 $1,853,009
2016 $22,928 $2,136,899 $228,865 $1,908,034
2015 $15,521 $1,448,415 $111,993 $1,336,422
2014 $11,832 $1,152,885 $109,799 $1,043,086
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2018

    Larry Matos

    Century 21 Select Real Estate

    Section Image
  • William Mattos

    Buyer's Agent in 2018

    William Mattos

    Valley Real Estate Sales, Inc.

    (209) 854-1000

    18 Total Sales

    William Mattos
    Section Image
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Map

Source: MetroList

MLS Number: 18007686

MetroList

APN: 070-030-020

California Merced County Gustine 95322

28490 Husman Rd, Gustine, CA

Not Listed for Sale

Lots

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