NOT LISTED FOR SALE

29120 Fentem Rd Gustine, CA 95322

Estimated Value: $4,139,359

97.2 Acres
$42,586 Price per Acre
4,234,032 Sq Ft Lot

Last Sold March 15, 2021

Last sale price $3,402,000

Est. 22% increase in value since last sale

Current estimated payment $24,518/month

176 Days on Market

Highlights

  • 97.2 Acre Lot
  • Agricultural
  • Crops
  • No HOA
  • High Speed Internet

About This Lot

As of March 2021

Northern Edge of the city of Gustine. 97.3 acres class one soils, CCID water rights. May be allowed to split into smaller parcels check with Merced County.

Last Agent to Sell the Property

William Mattos

Valley Real Estate Sales, Inc. License #01211815 Listed on: 06/09/2020

Last Buyer's Agent

William Mattos

Valley Real Estate Sales, Inc. License #01211815 Listed on: 06/09/2020

Property Details

Property Type

  • Land

Lot Details

  • 97.2 Acre Lot
  • Possible uses of the property include Row Crops,Subdivision,Orchard
  • Property is zoned Agricultural, Agricultural,Split Possible

Additional Homes

  • Accessory Dwelling Unit (ADU)

Farming

  • Crops
  • Agricultural

Utilities

  • Septic Tank
  • High Speed Internet

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 063-050-026

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Subtype 1: Agriculture
  • Primary Residence: 31+ Years Old,Bath 2+,Bedrooms 3+,Over 1500 SqFt
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Other Equipment: None
  • Additional Living Description: 0-30 Years Old,31+ Years Old,Barn,Other

Exterior Features

  • Other Structures: Barn,Shop
  • Disclosures/Documents: Mineral Rights Included,Rental/Lease Agreement,Subject to Lease,Vacant Land Questionnaire,Williamson Act
  • Horse Property: No
  • Listing Price: 3304800.00
  • Road Surface Type: Paved
  • Additional Living Units: Yes
  • Soil: Class 1

Utilities

  • Sewer: Septic Tank
  • Utilities: Internet Available
  • Water Source: Domestic Well Storage Tank,Domestic Well With Pump,Irrigation District,Private

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Gustine Unified

Lot Info

  • Zoning: Agricultural
  • Crops: Grain,Row Crops
  • Current Use: Agricultural
  • Development Status: Farm Land
  • Zoning Description: Agricultural,Split Possible
  • Irrigation: Deep Water Turbine,District,Private District
  • Lot Size Acres: 97.2000
  • Lot Size Sq Ft: 4234032
  • Possible Use: Row Crops,Subdivision,Orchard

Multi Family

  • Income Includes: Crop(s),Lease

Tax Info

  • Assessor Parcel Number: 063-050-026
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Merced

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 15, 2022
Sold by
Antonio L Martins And Elisa M Martins Tr
Bought by
Martins View Farms Llc
Current Estimated Value
$4,139,359

Purchase Details

Listed on
Jun 9, 2020
Closed on
Feb 19, 2021
Sold by
Smith Rosemarie and Wood Patricia Ann
Bought by
Antonio L Martins And Elisa M Martins Trust and Martins
Seller's Agent
William Mattos
Valley Real Estate Sales, Inc.
Buyer's Agent
William Mattos
Valley Real Estate Sales, Inc.
List Price
$4,762,800
Sold Price
$3,402,000
Premium/Discount to List
-$1,360,800
-28.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.33%
Original Mortgage
$4,072,000
Interest Rate
2.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Jun 9, 2020
Closed on
Feb 18, 2021
Sold by
Smith James E
Bought by
Smith Rosemarie
Seller's Agent
William Mattos
Valley Real Estate Sales, Inc.
Buyer's Agent
William Mattos
Valley Real Estate Sales, Inc.
List Price
$4,762,800
Sold Price
$3,402,000
Premium/Discount to List
-$1,360,800
-28.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,072,000
Interest Rate
2.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Jun 9, 2020
Closed on
Feb 16, 2021
Sold by
Correia Edward C
Bought by
Simoes-Correia Mary Alice
Seller's Agent
William Mattos
Valley Real Estate Sales, Inc.
Buyer's Agent
William Mattos
Valley Real Estate Sales, Inc.
List Price
$4,762,800
Sold Price
$3,402,000
Premium/Discount to List
-$1,360,800
-28.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,072,000
Interest Rate
2.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Jun 9, 2020
Closed on
Jan 25, 2021
Sold by
Simoes Criana Ranch Llc
Bought by
Smith Rosemarie and Wood Patricia Ann
Seller's Agent
William Mattos
Valley Real Estate Sales, Inc.
Buyer's Agent
William Mattos
Valley Real Estate Sales, Inc.
List Price
$4,762,800
Sold Price
$3,402,000
Premium/Discount to List
-$1,360,800
-28.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,072,000
Interest Rate
2.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 18, 2012
Sold by
Smith Rosemarie and Wood Patricia Ann
Bought by
Simoes Crianca Ranch Llc

Purchase Details

Closed on
Jun 8, 2012
Sold by
Smith Rosemarie and Wood Patricia Ann
Bought by
Smith Rosemarie and Wood Patricia Ann

Purchase Details

Closed on
Mar 8, 2012
Sold by
Simoes Crianca Ranch Llc
Bought by
Smith Rosemarie and Wood Patricia Ann

Purchase Details

Closed on
Sep 8, 2003
Sold by
Simoes Mary S
Bought by
Simoes/Crianca Ranch Llc

Purchase Details

Closed on
May 21, 2001
Sold by
Simoes Joe and Simoes Mary
Bought by
Simoes Joe and Simoes Mary S
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
Martins View Farms Llc -- --
Antonio L Martins And Elisa M Martins Trust $3,305,000 Fidelity National Title
Antonio L Martins And Elisa M Martins Trust $3,305,000 Fidelity National Title
Smith Rosemarie -- Fidelity National Title
Wood Patricia Ann -- Fidelity National Title
Simoes Correia Mary Alice -- Fidelity National Title Co
Simoes-Correia Mary Alice -- Fidelity National Title
Smith Rosemarie -- None Available
Simoes Crianca Ranch Llc -- None Available
Smith Rosemarie -- None Available
Smith Rosemarie -- None Available
Simoes/Crianca Ranch Llc -- --
Simoes Joe -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Antonio L Martins And Elisa M Martins Trust $4,072,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2021 03/15/21 Sold $3,402,000 0.0% --
12/02/2020 12/02/20 Pending -- -- --
10/12/2020 10/12/20 Price Changed $3,402,000 -28.6% --
06/09/2020 06/09/20 For Sale $4,762,800 -- --
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 $37,040 $3,576,353 $2,939,884 $636,469
2024 $37,040 $3,506,230 $2,882,240 $623,990
2023 $36,193 $3,437,481 $2,825,726 $611,755
2022 $35,575 $3,370,080 $2,770,320 $599,760
2021 $6,372 $549,447 $285,344 $264,103
2020 $6,315 $543,814 $282,419 $261,395
2019 $6,214 $533,152 $276,882 $256,270
2018 $6,094 $522,699 $271,453 $251,246
2017 $5,981 $512,451 $266,131 $246,320
2016 $5,944 $502,404 $260,913 $241,491
2015 $5,821 $494,858 $256,994 $237,864
2014 $5,588 $485,165 $251,960 $233,205
Source: Public Records

Agents Affiliated with this Home

  • William Mattos

    Seller's Agent in 2021

    William Mattos

    Valley Real Estate Sales, Inc.

    (209) 854-1000

    14 in this area

    20 Total Sales

    William Mattos
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Map

Source: MetroList

MLS Number: 20032881

MetroList

APN: 063-050-026

California Merced County Gustine 95322

29120 Fentem Rd, Gustine, CA

Not Listed for Sale

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