NOT LISTED FOR SALE

28534 Bunker Rd Gustine, CA 95322

Estimated Value: $3,296,686

61 Acres
$54,044 Price per Acre
2,657,160 Sq Ft Lot

Last Sold December 30, 2016

Last sale price $1,769,000

Est. 86% increase in value since last sale

Current estimated payment $19,861/month

17 Days on Market

Highlights

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

About This Lot

As of December 2016

Now available: Beautiful 61 acre parcel of Class 1 soil located in coveted CCID section #6. The property has (2) homes. 1st home is a 3/1, 2nd home is a 2/1. Outbuildings include a tank house, barn, and detached 2 car garage as well as a new domestic well this year. Property irrigates from the North West corner by way of ditch. Crop rotation has been corn and winter forage. Soil very suitable for permanent plantings. SELLER WILL BE TAKING OFFERS FOR 2 WEEKS, STARTING 10-17-16. SEE VIRTUAL TOUR

Last Agent to Sell the Property

Jason DurJava

Terra West Group License #01310142 Listed on: 10/17/2016

Last Buyer's Agent

Jason DurJava

Terra West Group License #01310142 Listed on: 10/17/2016

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $24,444

Lot Details

  • 61 Acre Lot
  • Possible uses of the property include Agricultural,Row Crops,Orchard
  • Property is zoned A-1, Agricultural

Farming

  • Crops Farm
  • Agricultural

Additional Features

  • Accessory Dwelling Unit (ADU)
  • Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 070-020-024-000

Property Details

Property Type

Land

Est. Annual Taxes

$24,444

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Subtype 1: Agriculture
  • Primary Residence: 31+ Years Old,Under 1500 SqFt
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Other Equipment: None
  • Additional Living Description: 31+ Years Old,Under 1500 SqFt

Exterior Features

  • Other Structures: Barn,Garage,Shed
  • Disclosures/Documents: Livestock Possible,Natural Hazard Disclosure Available,Soils Map
  • Listing Price: 2500000.00
  • Lot Features: Other
  • Road Surface Type: Paved
  • Additional Living Units: Yes
  • Soil: Class 1,Other

Utilities

  • Water Source: Domestic Well With Pump

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Gustine Unified

Lot Info

  • Zoning: A-1
  • Crops: Row Crops
  • Current Use: Agricultural,Row Crops
  • Development Status: Farm Land
  • Zoning Description: Agricultural
  • Irrigation: District
  • Lot Size Acres: 61.0000
  • Lot Size Sq Ft: 2657160
  • Possible Use: Agricultural,Row Crops,Orchard

Rental Info

  • Current Rent: 600

Multi Family

  • Income Includes: Crop(s)

Tax Info

  • Assessor Parcel Number: 070-020-024-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Merced

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2016
Closed on
Dec 21, 2016
Sold by
Ferro Angelo M and Dutra Alfred L
Bought by
Tseng Wen Ming and Tseng Chungkui
Seller's Agent
Jason DurJava
Terra West Group
Buyer's Agent
Jason DurJava
Terra West Group
List Price
$2,500,000
Sold Price
$1,769,000
Premium/Discount to List
-$731,000
-29.24%
Current Estimated Value
$3,296,686

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,527,686
Avg. Annual Appreciation
7.43%
Original Mortgage
$900,000
Outstanding Balance
$739,678
Interest Rate
3.94%
Mortgage Type
Credit Line Revolving
Estimated Equity
$2,557,008

Purchase Details

Closed on
Jul 11, 2013
Sold by
Goularte Farms Lp
Bought by
Goularte Mary George
Source: Public Records

Range of Values:

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Average Value
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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
Tseng Wen Ming $1,769,000 Stewart Title Of Ca Inc
Goularte Mary George -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tseng Wen Ming $900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2016 12/30/16 Sold $1,769,000 -29.2% --
11/02/2016 11/02/16 Pending -- -- --
10/16/2016 10/16/16 For Sale $2,500,000 -- --
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 $24,444 $2,015,000 $1,525,000 $490,000
2024 $24,444 $2,310,000 $1,700,000 $610,000
2023 $25,585 $2,429,055 $1,840,605 $588,450
2022 $21,906 $2,068,682 $1,804,515 $264,167
2021 $21,316 $2,000,000 $1,650,000 $350,000
2020 $18,353 $1,715,000 $1,525,000 $190,000
2019 $18,386 $1,715,000 $1,525,000 $190,000
2018 $19,289 $1,804,380 $1,683,000 $121,380
2017 $18,898 $1,769,000 $1,650,000 $119,000
2016 $2,424 $193,016 $151,586 $41,430
2015 $2,377 $190,118 $149,310 $40,808
2014 $2,245 $186,395 $146,386 $40,009
Source: Public Records

Agents Affiliated with this Home

  • Jason DurJava

    Seller's Agent in 2016

    Jason DurJava

    Terra West Group

    (209) 604-5672

    5 Total Sales

    Jason DurJava
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Map

Source: MetroList

MLS Number: 16067490

MetroList

APN: 070-020-024

California Merced County Gustine 95322

28534 Bunker Rd, Gustine, CA

This home is located at 28534 Bunker Rd, Gustine, CA 95322 since 17 October 2016 and is currently estimated at $3,296,686. 28534 Bunker Rd is a home located in Merced County with nearby schools including Romero Elementary School, Gustine Middle School, and Gustine High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MetroList IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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