NOT LISTED FOR SALE

5075 Olive Rd Corning, CA 96021

Estimated Value: $123,282 - $215,000

4 Acres
$39,643 Price per Acre
174,240 Sq Ft Lot

Last Sold June 25, 2021

Last sale price $85,000

Est. 87% increase in value since last sale

Current estimated payment $908/month

63 Days on Market

Highlights

  • Golf Course Community
  • Panoramic View
  • Hunting
  • Horse Property Unimproved
  • No HOA
  • Agricultural

About This Lot

As of June 2021

4 nearly level acres. Just outside Corning City limits. Rural and close to town. Room to build, zoned for manufactured or site built home. Partially fenced. Paved county maintained frontage road. Electricity available at the road.

Last Agent to Sell the Property

Ronald Manning

Moller Realty Group License #02138662 Listed on: 03/10/2021

Last Buyer's Agent

Ronald Manning

Moller Realty Group License #02138662 Listed on: 03/10/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $844

Lot Details

  • 4 Acre Lot
  • Property fronts a county road
  • Rural Setting
  • Partially Fenced Property
  • Barbed Wire
  • Fence is in fair condition
  • No Landscaping
  • Rectangular Lot
  • Level Lot
  • The property's topography is flat
  • Value in Land
  • Property is zoned RE-MH-B:10

Property Views

  • Panoramic
  • Pasture
  • Orchard Views
  • Mountain
  • Hills
  • Valley
  • Neighborhood

Utilities

  • Overhead Utilities
  • Water Not Available
  • Sewer Not Available
  • Phone Available

Additional Features

  • Agricultural
  • Horse Property Unimproved

Listing and Financial Details

  • Assessor Parcel Number 075020026000

Community Details

Overview

  • No Home Owners Association
  • Valley

Recreation

  • Golf Course Community
  • Hunting
  • Bike Trail

Property Details

Property Type

Land

Est. Annual Taxes

$844

Lot Details

0

Listing Details

  • Ad Number: 20210181
  • Current Use Comments: Property is lying fallow and unused.
  • Ingress Egress: Public Street
  • Possible Use Comments: Zoning allows for manufactured home or site built home. Possible large garden or hobby farm.
  • Road Frontage Type: County Road
  • Road Surface Type: Maintained, Paved
  • Survey: Buyer Pays
  • View: Yes
  • Well Report: No
  • Zoning: RE-MH-B:10
  • Property Type: Land
  • Parcel Number: 075020026000
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 0.49

Exterior Features

  • Soil Type: AcA, CwA, CxB2
  • View: Hills, Mountain(s), Neighborhood, Orchard, Panoramic, Pasture, Valley
  • Fencing: Barbed Wire, Fair Condition, Needs Repair, Partial, Wire

Utilities

  • Utilities: Electricity Available, Phone Available, Sewer Not Available
  • Sewer: None
  • Water Source: None
  • Water Well: No

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Golf, Hunting, Rural, Valley

Lot Info

  • Topography: Flat
  • Additional Parcels: No
  • Current Geological: No
  • Land Lease: No
  • Lot Features: Agricultural, Agricultural - Other, Sloped Down, Gentle Sloping, Horse Property Unimproved, Level with Street, Lot Over 40000 Sqft, Rectangular Lot, No Landscaping, Utilities - Overhead, Value In Land
  • Lot Size Sq Ft: 174240.00
  • Usable Land Percent: 100
  • Lot Size Acres: 4.0000
  • Latitude Manual: 39.94430000

Multi Family

  • Lot Size Area: 4.0000 Acres

Tax Info

  • Tax Area: 056000
  • Tax Census Tract: 10.00
  • Tax Rate: 1.00
  • Tax Annual Amount: 844.46
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2021
Closed on
Jun 9, 2021
Sold by
Barajas Damian and Barajas Margarita
Bought by
Kumar Anil A
Seller's Agent
Ronald Manning
Moller Realty Group
Buyer's Agent
Ronald Manning
Moller Realty Group
List Price
$105,000
Sold Price
$85,000
Premium/Discount to List
-$20,000
-19.05%
Current Estimated Value
$158,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,571
Avg. Annual Appreciation
14.76%
Original Mortgage
$19,000
Outstanding Balance
$17,202
Interest Rate
2.9%
Mortgage Type
Seller Take Back
Estimated Equity
$141,369

Purchase Details

Closed on
Sep 22, 2004
Sold by
Pamanian Macario C
Bought by
Barajas Damian and Barajas Margarita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
8.37%
Mortgage Type
Balloon
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
Kumar Anil A $85,000 Placer Title Company
Barajas Damian $100,000 Northern California Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kumar Anil A $19,000
Previous Owner Barajas Damian $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/25/2021 06/25/21 Sold $85,000 -19.0% --
05/12/2021 05/12/21 Pending -- -- --
03/10/2021 03/10/21 For Sale $105,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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 $963 $93,703 $92,006 $1,697
2023 $945 $90,066 $88,434 $1,632
2022 $932 $88,300 $86,700 $1,600
2021 $827 $79,837 $79,837 $0
2020 $844 $79,837 $79,837 $0
2019 $826 $79,837 $79,837 $0
2018 $767 $72,579 $72,579 $0
2017 $707 $65,981 $65,981 $0
2016 $672 $65,981 $65,981 $0
2015 -- $65,981 $65,981 $0
2014 $591 $57,375 $57,375 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN21050820

California Regional Multiple Listing Service (CRMLS)

APN: 075-020-026-000