NOT LISTED FOR SALE

550 Frewert Rd Lathrop, CA 95330

Estimated Value: $7,120,073

157 Acres
$45,351 Price per Acre
6,838,920 Sq Ft Lot

Sale Details

Date Sold: December 18, 2015

Last sale price $3,925,000 $0 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $43,715 / mo

58 Days on Market

Highlights

  • 157 Acre Lot
  • No HOA
  • Agricultural
  • Lathrop High School Rated A-

About This Lot

As of December 2015

Approximately 77 acres is for sale on this 157 acres of agricultural land (AG-40) which is in process of division into 4 separate parcels (approximate 40, 40, 40 & 37 acres). The 157 acres have 4 wells (1 domestic and 3 agriculture).

Last Agent to Sell the Property

Roy Ramos

Cloudlux Realty License #01154196 Listed on: 08/10/2015

Last Buyer's Agent

Shane Rawlings

Brix & Homes Real Estate Co. License #01878846

Property Details

Property Type

  • Land

Lot Details

  • 157 Acre Lot
  • 2 Lots in the community
  • Possible uses of the property include Agricultural
  • Property is zoned AG40, Agricultural

Farming

  • Agricultural

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 191-260-15

Property Details

Property Type

Land

Lot Details

157 Acres

Listing Details

  • Property Type: Land
  • Property Subtype 1: Agriculture
  • Primary Residence: See Remarks
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Other Equipment: See Remarks

Exterior Features

  • Other Structures: Shed,See Remarks
  • Disclosures/Documents: See Remarks
  • Listing Price: 3925000.00
  • Lot Features: Shape Regular,See Remarks
  • Road Frontage: See Remarks
  • Road Surface Type: See Remarks
  • Additional Living Units: No
  • Soil: See Remarks

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Manteca Unified

Lot Info

  • Zoning: AG40
  • Crops: See Remarks
  • Current Use: Agricultural,Vacant
  • Development Status: Farm Land,Map Required,See Remarks
  • Number of Lots: 2
  • Zoning Description: Agricultural
  • Irrigation: See Remarks
  • Lot Size Acres: 157.0000
  • Lot Size Sq Ft: 6838920
  • Possible Use: Agricultural

Multi Family

  • Income Includes: Lease,See Remarks

Tax Info

  • Assessor Parcel Number: 191-260-15
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): San Joaquin

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2015
Closed on
Dec 10, 2015
Sold by
Bought by
Seller's Agent
Roy Ramos
Cloudlux Realty
Buyer's Agent
Shane Rawlings
Brix & Homes Real Estate Co.
List Price
$3,234,000
Sold Price
$3,925,000
Premium/Discount to List
$691,000
21.37%
Current Estimated Value
$7,120,073

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,195,073
Avg. Annual Appreciation
5.80%
Original Mortgage
$2,750,000
Outstanding Balance
$2,171,871
Interest Rate
3.83%
Mortgage Type
Unknown
Estimated Equity
$4,948,202
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$3,925,000 Chicago Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $2,750,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/18/2015 12/18/15 Sold $3,925,000 +21.4% --
10/06/2015 10/06/15 Pending -- -- --
08/09/2015 08/09/15 For Sale $3,234,000 -- --
Source: MetroList

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $65,783 $5,503,018 $4,569,457 $933,561
2024 $64,064 $5,395,121 $4,479,860 $915,261
2023 $63,241 $5,289,336 $4,392,020 $897,316
2022 $62,370 $5,185,624 $4,305,902 $879,722
2021 $61,741 $5,083,946 $4,221,473 $862,473
2020 $52,944 $4,437,969 $4,178,187 $259,782
2019 $52,314 $4,350,951 $4,096,262 $254,689
2018 $51,678 $4,265,640 $4,015,944 $249,696
2017 $50,992 $4,182,000 $3,937,200 $244,800
2016 $47,954 $3,925,000 $3,845,000 $80,000
2015 $11,672 $627,492 $544,396 $83,096
2014 $11,162 $615,202 $533,733 $81,469
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 15052821

MetroList

APN: 191-260-15

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