NOT LISTED FOR SALE

40489 Highway 41 Oakhurst, CA 93644

Estimated Value: $17,161,686

-- Bed
-- Bath
47,308 Sq Ft
$363/Sq Ft Est. Value

About This Home

This home is located at 40489 Highway 41, Oakhurst, CA 93644 and is currently estimated at $17,161,686, approximately $362 per square foot. 40489 Highway 41 is a home located in Madera County with nearby schools including Oakhurst Elementary School, Oak Creek Intermediate School, and Mountain Home School Charter.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 12, 2018
Sold by
Amrut Trust
Bought by
Amrut Trust
Current Estimated Value
$17,161,686

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 5, 2018
Sold by
Patel Hitesh
Bought by
Patel Hitesh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 20, 2005
Sold by
Patel Hitesh J and Patel Daxa H
Bought by
Patel Hitesh

Purchase Details

Closed on
Oct 4, 2005
Sold by
Patel Hitesh J
Bought by
Patel Hitesh J and Patel Daxa H

Purchase Details

Closed on
Aug 12, 2005
Sold by
Patel Daxa H
Bought by
Patel Hitesh

Purchase Details

Closed on
May 9, 2005
Sold by
Patel Hitesh J
Bought by
Patel Hitesh and Patel Daxa H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,697,000
Interest Rate
5.72%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 11, 2005
Sold by
Patel Daxa
Bought by
Patel Hitesh J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,697,000
Interest Rate
5.72%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 23, 2005
Sold by
Ci Oakhurst Llc
Bought by
Patel Hitesh J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,750,000
Interest Rate
5.99%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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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
Amrut Trust -- Fidelity National Title
Patel Hitesh -- Fidelity National Title Co
Patel Hitesh -- --
Patel Hitesh J -- First American Title
Patel Hitesh -- --
Patel Hitesh -- Chicago Title
Patel Hitesh J -- First American Title
Patel Hitesh J $5,500,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hjp Hoidings 1 Llc $17,000,000
Closed Kampala 740 Llc $14,000,000
Closed Hjp Holdings 1 Llc $9,460,000
Closed Kampala 740 Llc $14,000,000
Closed Thr Amrut Trust $1,500,000
Closed Amrut Trust $615,503
Closed Patel Hitesh J $6,500,000
Closed Amrut Trust $2,000,000
Closed Patel Hitesh $2,000,000
Closed Amrut Trust $3,074,000
Closed Patel Hitesh $3,074,000
Closed Amrut Trust $4,000,000
Closed Patel Hitesh $4,000,000
Closed Patle Hitesh $200,000
Previous Owner Patel Hitesh J $100,000
Previous Owner Patel Hitesh $1,697,000
Previous Owner Patel Hitesh $1,000,000
Previous Owner Patel Hitesh J $2,750,000
Previous Owner Ci Oakhurst Llc $0
Source: Public Records

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 $97,496 $7,748,726 $1,672,692 $6,076,034
2023 $97,496 $7,445,038 $1,607,741 $5,837,297
2022 $95,131 $7,290,632 $1,576,217 $5,714,415
2021 $94,142 $7,156,410 $1,545,311 $5,611,099
2020 $93,826 $7,083,786 $1,529,466 $5,554,320
2019 $92,363 $6,939,634 $1,499,477 $5,440,157
2018 $90,756 $6,813,878 $1,470,076 $5,343,802
2017 $89,461 $6,681,763 $1,441,251 $5,240,512
2016 $87,067 $6,545,330 $1,412,992 $5,132,338
2015 $86,182 $6,447,092 $1,391,768 $5,055,324
2014 $85,545 $6,352,818 $1,364,506 $4,988,312
Source: Public Records

Map

California Madera County Oakhurst 93644

40489 Highway 41, Oakhurst, CA

This home is located at 40489 Highway 41, Oakhurst, CA 93644 and is currently estimated at $17,161,686, approximately $362 per square foot. 40489 Highway 41 is a home located in Madera County with nearby schools including Oakhurst Elementary School, Oak Creek Intermediate School, and Mountain Home School Charter.

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.

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