NOT LISTED FOR SALE
61.63 Acres
-- Price per Acre
2,684,603 Sq Ft Lot

Sale Details

Date Sold: April 22, 2013

Last sale price $1,400,000

179 Days on Market

About This Lot

As of April 2013

The subject property is a 61.9-acre (gross) site located in the city of Winchester. Currently vacant land, the site had been in the process of entitlement for a large housing development. This site has recently gone through a foreclosure and is currently owned by the original lender (private party). The previous owner of this site had been the SunCal Companies who had been in the process of entitling the property for a 197-lot single family housing development (Riverside County Tract No. 34129). This entitlement would have included a zone change from the current RR zoning to R1-7200 and was not completed. The seller had financed the previous sale of this property to SunCal and will be willing to finance it again for a qualified buyer. The seller will offer 5 year financing with a 15-20% downpayment and interest only payments.

Last Agent to Sell the Property

Matthew Wenzel

Marcus & Millichap License #01198357 Listed on: 10/25/2012

Last Buyer's Agent

Andrea Amato

R & REALTY License #01320358

Property Details

Property Type

  • Land

Lot Details

  • 61.63 Acre Lot
  • The property's topography is flat
  • Property is zoned RR - Res

Utilities

  • Source of electricity is unknown

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 5
  • Assessor Parcel Number 463180024

Property Details

Property Type

Land

Lot Details

61.63 Acres

Listing Details

  • Assessments: Yes
  • Possible Use Comments: SFR Development (Had been in entitlements for a 197-Lot SFR development)
  • Survey: Buyer Pays
  • View: No
  • Zoning: RR - Res
  • Property Type: Land
  • Parcel Number: 463180024
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 0.52

Utilities

  • Electric: Electricity - Unknown
  • Water Well: No

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Topography: Flat
  • Current Geological: No
  • Lot Size Sq Ft: 2684600.00
  • Lot Size Acres: 61.6300

Multi Family

  • Lot Size Area: 2684600.0000 Square Feet

Tax Info

  • Tax Lot: 5
  • Tax Tract Number: 5
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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
04/22/2013 04/22/13 Sold $1,400,000 -11.1% --
04/22/2013 04/22/13 Pending -- -- --
10/25/2012 10/25/12 For Sale $1,575,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P839182

California Regional Multiple Listing Service (CRMLS)
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