NOT LISTED FOR SALE

4185 Rawson Rd Corning, CA 96021

Estimated Value: $862,309

49.46 Acres
$17,434 Price per Acre
2,154,478 Sq Ft Lot

Last Sold March 07, 2022

Last sale price $845,000

Est. 2% increase in value since last sale

Current estimated payment $4,828/month

58 Days on Market

Highlights

  • 49.46 Acre Lot
  • Landscaped with Trees
  • Partially Fenced Property
  • Orchard
  • Agricultural

About This Lot

As of March 2022

Manzanillo Olive Orchard - Almost 50 acres, located on the west side of Corning Ca, near Interstate 5. This scenic, well-manicured property, offers approximately 6,000 well maintained and producing Manzanillo olive trees. The orchard is located in one of the best groundwater areas of Tehama County, within the Corning Water District, which was previously used for irrigation, as well as having a shared ag well. In 2015, a new agricultural well was drilled, on the property, to supply water to the orchard via a drip system. The well is approximately 340 feet deep, with an 8" casing, and a 20 horse power submersible pump. A diesel generator (not included in the sale) is currently being used for the agricultural well. However, a more permanent and cost efficient way to operate the well, would be to have it connected to power. A transformer is already located relatively close to the existing well. The orchard offers tons of potential for an owner operator. Make an appointment today to appreciate this affordable investment opportunity. All information herein is believed to be reliable. Buyer is strongly advised to verify all information herein.

Last Agent to Sell the Property

Juan Acevedo

Thrive Real Estate Company License #01254482 Listed on: 10/12/2021

Last Buyer's Agent

OUT OF AREA NON MEMBER

Out Of Area Office

Property Details

Property Type

  • Land

Lot Details

  • 49.46 Acre Lot
  • Dirt Road
  • Partially Fenced Property
  • Orchard
  • Landscaped with Trees
  • Property is zoned EA-AP

Utilities

  • Private Water Source
  • Well
  • Sewer Not Available

Additional Features

  • Drip Irrigation
  • Electricity Available at Street
  • Agricultural

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Class: Lots & Lands
  • Type: Orchard
  • Access: County Road, Paved
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: Partial Fencing
  • Irrigation Type: Drip
  • Number Of Acres: 49.46
  • Roads: Dirt

Utilities

  • Water District: Corning Water Dis.
  • Sewer: Needs
  • Electric: Along Road
  • Water: Private, Well, Shared Well

Lot Info

  • Lot Description: Agriculture, Orchard
  • Zoning Code: EA-AP
  • Crops: Orchards
  • Possible Use: Farm
  • Price Per Sqacre: 17084.51
  • Topography: Trees

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2021
Closed on
Mar 1, 2022
Sold by
Ignacio Lopez
Bought by
Stys Daniel Raymond and Stys Xiaoqian Xu
Seller's Agent
Juan Acevedo
Thrive Real Estate Company
Buyer's Agent
OUT OF AREA NON MEMBER
Out Of Area Office
List Price
$849,000
Sold Price
$845,000
Premium/Discount to List
-$4,000
-0.47%
Current Estimated Value
$862,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,309
Avg. Annual Appreciation
0.48%
Original Mortgage
$250,000
Outstanding Balance
$232,967
Interest Rate
3.69%
Mortgage Type
Seller Take Back
Estimated Equity
$627,685

Purchase Details

Closed on
Dec 3, 2003
Sold by
Miranda Jose R and Miranda Martha A
Bought by
Lopez Ignacio and Lopez Elvia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
5.97%
Mortgage Type
Seller Take Back
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
Stys Daniel Raymond $845,000 Old Republic Title
Lopez Ignacio $300,000 Northern California Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stys Daniel Raymond $250,000
Previous Owner Lopez Ignacio $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/07/2022 03/07/22 Sold $845,000 -0.5% --
12/09/2021 12/09/21 Pending -- -- --
10/12/2021 10/12/21 For Sale $849,000 -- --
Source: Tehama County Association of REALTORS®

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 $3,881 $434,639 $91,665 $342,974
2023 $3,550 $284,145 $95,306 $188,839
2022 $4,809 $401,921 $254,552 $147,369
2021 $4,635 $394,041 $249,561 $144,480
2020 $4,678 $390,003 $247,003 $143,000
2019 $4,509 $382,357 $242,160 $140,197
2018 $4,515 $374,861 $237,412 $137,449
2017 $4,488 $367,512 $232,757 $134,755
2016 $3,536 $293,197 $30,582 $262,615
2015 -- $307,240 $40,909 $266,331
2014 $3,638 $299,735 $39,130 $260,605
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tehama County Association of REALTORS®

MLS Number: 20211004

Tehama County Association of REALTORS®

APN: 069-240-013-000