NOT LISTED FOR SALE

3516 Pennington Rd Live Oak, CA 95953

44.56 Acres
-- Price per Acre
1,941,034 Sq Ft Lot

Last Sold April 28, 2022

Last sale price $1,800,000

465 Days on Market

Highlights

  • 44.56 Acre Lot
  • No HOA
  • Agricultural
  • Orchard

About This Lot

As of April 2022

Nestle in the heart of the Northern California, lies an opportunity to develop this amazing property at the backdrop of the Sutter Buttes. Located within the City of Live Oaks 2030 General Plan Environmental Impact Report, these parcels are located near an area of new subdivision developments. Location, location, location is a great feature of this property. The stunning beautiful oak tree that graces the entrance of this property reflects the roots of the community that can planted by developing this property. Don't miss your opportunity to develop this amazing property! Purchase includes A.P.N 09-140-004 and A.P.N. 09-140-013. Property is currently planted in prunes with drip irrigation and the property features two ag wells.

Last Agent to Sell the Property

Elizabeth Powell

RE/MAX Gold Yuba City License #01805458 Listed on: 10/23/2020

Co-Listed By

Christina Brogna

Grupe Real Estate License #01885113

Last Buyer's Agent

Elizabeth Powell Skutley

RE/MAX Gold License #01805458

RE/MAX Gold

Property Details

Property Type

  • Land

Lot Details

  • 44.56 Acre Lot
  • Property fronts a county road
  • Orchard
  • Possible uses of the property include Agricultural, Subdivision
  • Property is zoned Ag/Rual, Agricultural/Residential

Farming

  • Agricultural

Utilities

  • Well
  • Sewer Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 09-140-004

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Subtype 1: Residential Acreage
  • Primary Residence: None
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Other Equipment: None

Exterior Features

  • Other Structures: None
  • Disclosures/Documents: Natural Hazard Disclosure Available, See Remarks
  • Horse Property: No
  • Listing Price: 2999999.00
  • Lot Features: Shape Regular
  • Road Frontage: County Road
  • Road Surface Type: Paved
  • Topography: Agricultural Leveled
  • Additional Living Units: No

Utilities

  • Sewer: None
  • Utilities: Other
  • Water Source: Domestic Well Capped

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Live Oak Unified

Lot Info

  • Zoning: Ag/Rual
  • Crops: See Remarks
  • Current Use: Agricultural, Orchard
  • Development Status: Raw Land
  • Zoning Description: Agricultural/Residential
  • Irrigation: Drip System
  • Lot Size Acres: 44.5600
  • Lot Size Sq Ft: 1941034.00
  • Possible Use: Agricultural, Subdivision

Multi Family

  • Income Includes: Land

Tax Info

  • Assessor Parcel Number: 09-140-004
  • Bonds/Assessments/Taxes Description: Local Assessments
  • Bonds/Assessments/Taxes: Yes

MLS Schools

  • School District (County): Sutter

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2020
Closed on
Apr 27, 2022
Sold by
Armstrong Harold E and Arm Terrissa
Bought by
Millennium Farms Llc
Seller's Agent
Elizabeth Powell
RE/MAX Gold Yuba City
Buyer's Agent
Elizabeth Powell
RE/MAX Gold Yuba City
Sold Price
$1,800,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$466,784
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2009
Sold by
Armstrong Harold E
Bought by
Armstrong Harold E

Purchase Details

Closed on
Nov 17, 2005
Sold by
Dunmore Homes
Bought by
Armstrong Marjorie 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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Purchase History

Date Buyer Sale Price Title Company
Millennium Farms Llc $1,800,000 Placer Title
Armstrong Harold E -- None Available
Armstrong Marjorie S -- Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Millennium Farms Llc $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2022 04/28/22 Sold $1,800,000 0.0% --
02/01/2022 02/01/22 Off Market $1,800,000 -- --
01/31/2022 01/31/22 Pending -- -- --
03/28/2021 03/28/21 For Sale -- -- --
03/27/2021 03/27/21 Off Market $1,800,000 -- --
12/04/2020 12/04/20 Price Changed $2,999,999 -16.7% --
10/23/2020 10/23/20 For Sale $3,600,000 -- --
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 $2,346 $201,628 $189,690 $11,938
2024 $2,346 $197,675 $185,971 $11,704
2023 $2,346 $193,800 $182,325 $11,475
2022 $409 $25,804 $12,907 $12,897
2021 $403 $25,334 $12,685 $12,649
2020 $381 $23,341 $12,555 $10,786
2019 $372 $22,884 $12,309 $10,575
2018 $363 $22,435 $12,067 $10,368
2017 $363 $21,995 $11,831 $10,164
2016 $322 $20,653 $11,599 $9,054
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 20064398

MetroList

APN: 09-140-013