NOT LISTED FOR SALE

29291 Avenue 8 Madera, CA 93637

Madera Area

Estimated Value: $1,005,000 - $2,689,273

56.85 Acres
$32,491 Price per Acre
2,476,386 Sq Ft Lot

Sale Details

Date Sold: May 18, 2018

Last sale price $1,600,000

Est. 15% increase in value since last sale

Current estimated payment $11,130 / mo

80 Days on Market

Highlights

  • 56.85 Acre Lot
  • No HOA
  • Agricultural

About This Lot

As of May 2018

Incredible investment opportunity for multiple sources of income on one property! Located in a prime agricultural area, this property is over 56 acres in total (per tax records) & is currently planted w/ a producing Certified Organic Thompson Vineyard, per seller. Both irrigation & domestic well are currently functioning, in addition to the property being located in MID, btv if important. Along w/ the vineyard is a beautiful 3,400+ sq ft Mediterranean style 5 bd/3 ba home w/ a large kitchen, living rm, master bdrm & garage area. There's also a large duplex w/ a private gated entrance, completely renovated 5 years ago. The shop is 40x80 with large 10x14 roll up doors. Current rent income for the home, duplex, and shop is over $4,000 per month, plus seller receives annual income from the vineyards year to year lease. For copies of the production records or further information, please contact the listing agent. Property to be sold in current condition, w/no upgrades made by seller.

Last Agent to Sell the Property

Non-MLS Member

Non-MLS Office Listed on: 02/05/2018

Last Buyer's Agent

Non-MLS Member

Non-MLS Office Listed on: 02/05/2018

Property Details

Property Type

  • Land

Year Built

  • Built in 1925

Lot Details

  • 56.85

Additional Features

  • 56.85 Acre Lot
  • Agricultural
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 480-400-05

Property Details

Property Type

Land

Year Built

Built in 1925

Lot Details

56.85 Acres

Listing Details

  • Property Type: Land
  • Property Subtype 1: Agriculture
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: LotsLands
  • Stories: 0

Exterior Features

  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 1699850.00
  • New Construction: No
  • Pool: No
  • Spa: No
  • Topography: Level To Grade

Utilities

  • Sewer: Septic Tank
  • Utilities: Natural Gas Available
  • Electric: Electric Available
  • Water Source: Irrigation District

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Madera Unified

Lot Info

  • Lot Size Acres: 56.8500
  • Lot Size Sq Ft: 2476386.00

Multi Family

Tax Info

  • Assessor Parcel Number: 480-400-05

MLS Schools

  • School District (County): Madera

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2018
Closed on
May 18, 2018
Sold by
Bought by
Seller's Agent
Non-MLS Member
Non-MLS Office
Buyer's Agent
Non-MLS Member
Non-MLS Office
List Price
$1,699,850
Sold Price
$1,600,000
Premium/Discount to List
-$99,850
-5.87%
Current Estimated Value
$1,847,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,137
Avg. Annual Appreciation
1.78%
Original Mortgage
$1,600,000
Outstanding Balance
$1,374,692
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$472,445

Purchase Details

Closed on
Mar 24, 2015
Sold by
Bought by

Purchase Details

Closed on
Apr 17, 2014
Sold by
Bought by

Purchase Details

Closed on
Dec 20, 2012
Sold by
Bought by

Purchase Details

Closed on
Jul 19, 2012
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 2005
Sold by
Bought by

Purchase Details

Closed on
Mar 27, 2002
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,600,000 Chicago Title
-- None Available
-- None Available
-- None Available
-- None Available
-- None Available
-- North American Title Co Inc
-- North American Title Company
-- Chicago Title
$307,610 Chicago Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,600,000
Previous Owner $200,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/18/2018 05/18/18 Sold $1,600,000 -5.9% --
04/26/2018 04/26/18 Pending -- -- --
02/05/2018 02/05/18 For Sale $1,699,850 -- --
Source: MetroList

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $15,934 $1,189,668 $157,355 $1,032,313
2025 $15,934 $1,002,059 $165,298 $836,761
2023 $17,074 $1,085,491 $231,166 $854,325
2022 $16,192 $1,028,914 $228,912 $800,002
2021 $16,655 $1,090,261 $225,833 $864,428
2020 $16,071 $1,008,892 $218,076 $790,816
2019 $16,204 $1,015,051 $211,895 $803,156
2018 $15,804 $1,064,671 $203,460 $861,211
2017 $15,642 $1,047,084 $199,626 $847,458
2016 $15,563 $1,053,119 $189,143 $863,976
2015 $11,744 $1,009,933 $185,801 $824,132
2014 $11,496 $1,042,660 $175,439 $867,221
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2018

    Non-MLS Member

    Non-MLS Office

See All Agents

Map

Source: MetroList

MLS Number: 218602737

MetroList

APN: 048-040-005

California Madera County Madera 93637

29291 Avenue 8, Madera, CA

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