NOT LISTED FOR SALE

Estimated Value: $510,000 - $1,468,795

23.22 Acres
$42,610 Price per Acre
1,011,463 Sq Ft Lot

Last Sold June 15, 2023

Last sale price $1,400,000 $891 Per Sq Ft

Est. 30% decrease in value since last sale

Current estimated payment $5,623/month

53 Days on Market

Highlights

  • 23.22 Acre Lot
  • Fruit Trees
  • Crops
  • Joseph A. Gregori High School Rated A-
  • Level Lot

About This Lot

As of June 2023

Prime location of 23 plus acre site currently zoned and used for agricultural purposes. Large frontage along McHenry Ave with an additional side of Myers Ave adjacent to property. Dual water with primary source coming from Modesto Irrigation District (M.I.D) and additional well (pump/generator not included in sale) to provide water as needed. Currently planted with cover crops from the tenant who's occupying (crops to stay with tenant). While it is currently zoned for Ag, the other commercial properties nearby and upscale residential subdivision behind with road speak to the great potential of this property.

Last Agent to Sell the Property

Max Reinhardt

Berkshire Hathaway HomeServices DrysdaleProperties License #01876163 Listed on: 03/02/2023

Berkshire Hathaway HomeServices DrysdaleProperties

Last Buyer's Agent

RECIP

Out of Area Office License #00000000

Property Details

Property Type

  • Land

Lot Details

  • 23.22 Acre Lot
  • Level Lot
  • Fruit Trees

Additional Features

  • Crops
  • Well

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Zoning: AG
  • Subclass: Commercial Agricultural Land
  • Listing Class: Commercial Lots & Land
  • Present Use: Agricultural
  • Development Status: Raw Land
  • Special Features: None
  • Property Sub Type: LotsLands

Lot Info

  • Lot Description: Grade - Level, Regular
  • Lot Acres: 23.2200
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1011463.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1011463.00
  • Existing Crops Vegetation: Crop(s), Fruits
  • Parcel Access: Paved Road

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2023
Closed on
May 31, 2023
Sold by
Galas Family Trust
Bought by
5712 Mc Henry Avenue Llc
Seller's Agent
Max Reinhardt
Berkshire Hathaway HomeServices DrysdaleProperties
Buyer's Agent
RECIP
Out of Area Office
List Price
$1,400,000
Sold Price
$1,400,000
Views
68
Current Estimated Value
$983,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$416,871
Avg. Annual Appreciation
-12.77%
Original Mortgage
$1,400,000
Outstanding Balance
$1,359,571
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
-$370,173

Purchase Details

Closed on
Apr 7, 2014
Sold by
Galas Stanley A and Galas Bonnie K
Bought by
The Galas Family Trust

Purchase Details

Closed on
Jan 8, 2014
Sold by
Peters M Stephen
Bought by
Galas Stanley A and Galas Bonnie K

Purchase Details

Closed on
Nov 9, 2010
Sold by
Morgan Paula Jean
Bought by
Morgan Paula Jean and Morgan Brent A

Purchase Details

Closed on
Jul 17, 2003
Sold by
Galas Norman A and Galas June E
Bought by
Galas Norman A and Galas June 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
5712 Mc Henry Avenue Llc $1,400,000 Old Republic Title
The Galas Family Trust -- First American Title Company
Galas Stanley A -- First American Title Company
Morgan Paula Jean -- None Available
Galas Norman A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 5712 Mc Henry Avenue Llc $1,400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2023 06/15/23 Sold $1,400,000 0.0% $891 / Sq Ft
04/25/2023 04/25/23 Pending -- -- --
03/02/2023 03/02/23 For Sale $1,400,000 -- $891 / Sq Ft
Source: MLSListings

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 $5,662 $477,231 $477,231 --
2024 $5,462 $467,874 $467,874 --
2023 $5,361 $458,700 $458,700 $0
2022 $5,215 $449,706 $449,706 $0
2021 $4,933 $440,889 $440,889 $0
2020 $4,865 $436,369 $436,369 $0
2019 $4,805 $427,813 $427,813 $0
2018 $4,745 $419,425 $419,425 $0
2017 $4,633 $411,201 $411,201 $0
2016 $4,511 $403,139 $403,139 $0
2015 $5,495 $490,180 $397,084 $93,096
2014 $4,589 $403,865 $302,451 $101,414
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81920426

MLSListings

APN: 074-10-01