NOT LISTED FOR SALE

5254 Ustick Rd Modesto, CA 95358

Estimated Value: $720,000 - $1,507,000

40 Acres
$27,824 Price per Acre
1,742,400 Sq Ft Lot

Last Sold September 09, 2024

Last sale price $1,400,000 $959 Per Sq Ft

Est. 21% decrease in value since last sale

Current estimated payment $6,620/month

50 Days on Market

Highlights

  • 40 Acre Lot
  • Orchard
  • Agricultural
  • Fruit Trees
  • No HOA

About This Lot

As of September 2024

40 acres Almond Orchard Now Available. The existing house is currently used as a rental and will need some updating. County zoning would allow for another home if you're looking for a property to build a custom home. The varieties of almonds include; Nonpareil, Monterey and Wood Colony. The orchard was planted 2008. There are 2 irrigation types, double line drip system and flood irrigation. It is in the Turlock Irrigation District with the district canal bordering the property. The past 5 years production has averaged 2460 pounds pre acre. The hard copies of production records are available upon request.

Last Agent to Sell the Property

Lynn Garber

PMZ Commercial Real Estate License #01313826 Listed on: 07/17/2024

PMZ Commercial Real Estate

Last Buyer's Agent

Natalie Wilson

Powerhouse Realty License #01892991

Property Details

Property Type

  • Land

Lot Details

  • 40 Acre Lot
  • Property fronts a county road
  • Orchard
  • Fruit Trees
  • Possible uses of the property include Agricultural, Single Family, See Remarks, Orchard
  • Property is zoned A-2-40, Agricultural

Farming

  • Agricultural

Community Details

  • No Home Owners Association
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 041-026-013

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Subtype 1: Agriculture
  • Primary Residence: 31+ Years Old, Bath 1, Under 1500 SqFt, Bedrooms 3+
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands
  • Stories: 0

Exterior Features

  • Disclosures/Documents: Aerial Map
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 1567000.00
  • Lot Features: Shape Regular
  • New Construction: No
  • Pool: No
  • Road Frontage: County Road
  • Spa: No
  • Topography: Level,Level
  • Additional Living Units: No

Utilities

  • Sewer: See Remarks
  • Utilities: See Remarks
  • Water Source: Irrigation District

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Ceres Unified

Lot Info

  • Zoning: A-2-40
  • Crops: Almond
  • Current Use: Agricultural, Farm, Ranch, Single Family, Orchard
  • Development Status: Farm Land
  • Zoning Description: Agricultural
  • Irrigation: District, Drip System, See Remarks
  • Lot Size Acres: 40.0000
  • Lot Size Sq Ft: 1742400.00
  • Possible Use: Agricultural, Single Family, See Remarks, Orchard
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Expiration Date: 1800-01-011800-01-01
  • Lease Type: Net

Multi Family

  • Income Includes: ["Crop(s)"]

Tax Info

  • Assessor Parcel Number: 041-026-013
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2024
Closed on
Aug 30, 2024
Sold by
Darryl E Morais 2015 Revocable Trust and Karen E Morais 2015 Revocable Trust
Bought by
Sylvester Farm Management Llc
Seller's Agent
Lynn Garber
PMZ Commercial Real Estate
Buyer's Agent
Natalie Wilson
Powerhouse Realty
List Price
$1,567,000
Sold Price
$1,400,000
Premium/Discount to List
-$167,000
-10.66%
Views
19
Current Estimated Value
$1,112,960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$287,040
Avg. Annual Appreciation
-16.18%
Original Mortgage
$990,000
Outstanding Balance
$961,457
Interest Rate
1.5%
Mortgage Type
Construction
Estimated Equity
$151,503

Purchase Details

Closed on
Oct 1, 2015
Sold by
Morais Darryl E
Bought by
Morais Darryl E

Purchase Details

Closed on
Feb 22, 2008
Sold by
Morais Karen E
Bought by
Morais Karen E and Morais Darryl E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
5.64%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 15, 2006
Sold by
Morais Karen E
Bought by
Morais Karen E and Morais Darryl E
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
Sylvester Farm Management Llc $1,400,000 Cypress Title
Morais Darryl E -- None Available
Morais Karen E -- None Available
Morais Karen E -- First American Title Company
Morais Karen E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sylvester Farm Management Llc $990,000
Previous Owner Morais Karen E $325,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/09/2024 09/09/24 Sold $1,400,000 -10.7% $959 / Sq Ft
09/05/2024 09/05/24 Pending -- -- --
07/17/2024 07/17/24 For Sale $1,567,000 -- $1,073 / Sq Ft
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 $9,453 $728,463 $523,451 $205,012
2024 $11,673 $1,020,740 $758,883 $261,857
2023 $11,363 $1,000,726 $744,003 $256,723
2022 $11,246 $981,110 $729,415 $251,695
2021 $11,145 $961,874 $715,113 $246,761
2020 $10,807 $952,012 $707,781 $244,231
2019 $10,740 $933,345 $693,903 $239,442
2018 $3,940 $329,236 $120,890 $208,346
2017 $3,910 $322,780 $118,520 $204,260
2016 $3,657 $316,452 $116,197 $200,255
2015 $3,610 $311,700 $114,452 $197,248
2014 $3,537 $305,596 $112,211 $193,385
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 224079173

MetroList

APN: 041-26-13