NOT LISTED FOR SALE

5715 Bennett Rd Chico, CA 95973

Estimated Value: $2,701,024

60 Acres
$45,017 Price per Acre
2,613,600 Sq Ft Lot

Last Sold May 09, 2014

Last sale price $920,000 $421 Per Sq Ft

Est. 194% increase in value since last sale

Current estimated payment $15,127/month

182 Days on Market

Highlights

  • 60 Acre Lot
  • Mountain View
  • Horse Property Improved
  • Shasta Elementary School Rated A-
  • No HOA
  • Agricultural

About This Lot

As of May 2014

60 acres of organic farmland certified by CCOF and planted to producing prunes. Primarily class III soils, level to grade, irrigation well with drip irrigation system. Improvements include single family home (2 bedroom, 2 bath) with detached 2 car garage, shop with unfinished apartment, equipment storage building, horse barn with box stalls, corrals and fencing.

Last Agent to Sell the Property

Sam Mudd

AG-LAND Investment Brokers License #01710463 Listed on: 03/24/2014

Last Buyer's Agent

Sam Mudd

AG-LAND Investment Brokers License #01710463 Listed on: 03/24/2014

Property Details

Property Type

  • Land

Lot Details

  • 60 Acre Lot
  • Property fronts a county road
  • Rural Setting
  • The property's topography is level to grade
  • Property is zoned A40

Utilities

  • Propane
  • Conventional Septic

Additional Features

  • Mountain Views
  • Agricultural
  • Horse Property Improved

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 047130050000

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Inclusions: Irrigation equipment, 2014 prune crop with cultural cost remibursement to Seller
  • Current Use Comments: Organic prune orchard
  • Possible Use Comments: Most tree crops typical to Butte Co.
  • Road Frontage Type: County Road
  • View: Yes
  • Well Pump Horsepower: 15.00
  • Zoning: A40
  • Property Type: Land
  • Parcel Number: 047130050000
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 0.35

Exterior Features

  • Soil Type: Primarily class 2
  • View: Mountain(s)

Utilities

  • Utilities: Electricity Available, Propane, Phone Connected
  • Electric: Electricity - On Property
  • Sewer: Conventional Septic

Condo/Co-op/Association

  • Association: No
  • Community Features: Rural

Lot Info

  • Topography: Level to grade
  • Current Geological: No
  • Lot Features: Agricultural - Tree/Orchard, Horse Property Improved
  • Lot Size Sq Ft: 2613600.00
  • Lot Size Acres: 60.0000

Multi Family

  • Lot Size Area: 60.0000 Acres

Tax Info

  • Tax Rate: 1.00
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 10, 2022
Sold by
Peacher Family Trust
Bought by
Teig Farms Llc
Current Estimated Value
$2,701,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,776,000
Outstanding Balance
$1,700,476
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$1,000,548

Purchase Details

Listed on
Mar 24, 2014
Closed on
May 6, 2014
Sold by
Schumacher Betty J
Bought by
The Peacher Family Trust
Seller's Agent
Sam Mudd
AG-LAND Investment Brokers
Buyer's Agent
Sam Mudd
AG-LAND Investment Brokers
List Price
$1,150,000
Sold Price
$920,000
Premium/Discount to List
-$230,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.57%
Original Mortgage
$637,000
Interest Rate
4.35%
Mortgage Type
Unknown
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

Date Buyer Sale Price Title Company
Teig Farms Llc $2,725,000 New Title Company Name
The Peacher Family Trust $920,000 Mid Valley Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Teig Farms Llc $1,776,000
Previous Owner The Peacher Family Trust $637,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/09/2014 05/09/14 Sold $920,000 -20.0% $421 / Sq Ft
03/25/2014 03/25/14 Pending -- -- --
09/24/2013 09/24/13 For Sale $1,150,000 -- $526 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $13,229 $1,756,336 $458,622 $1,297,714
2024 $13,229 $1,053,757 $467,257 $586,500
2023 $13,733 $1,099,829 $469,829 $630,000
2022 $7,252 $608,514 $256,960 $351,554
2021 $7,262 $611,016 $255,377 $355,639
2020 $7,218 $602,821 $247,429 $355,392
2019 $7,188 $600,844 $239,405 $361,439
2018 $7,017 $585,306 $231,960 $353,346
2017 $7,323 $617,356 $232,623 $384,733
2016 $6,705 $605,144 $225,114 $380,030
2015 $6,581 $583,705 $224,318 $359,387
2014 $3,971 $388,121 $114,661 $273,460
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CH13194471

California Regional Multiple Listing Service (CRMLS)

APN: 047-130-050-000