NOT LISTED FOR SALE

57281 Pierce St Thermal, CA 92274

Estimated Value: $2,207,889 - $3,760,000

59.84 Acres
$49,865 Price per Acre
2,606,630 Sq Ft Lot

Last Sold May 31, 2023

Last sale price $4,850,000

Est. 38% decrease in value since last sale

Current estimated payment $17,900/month

35 Days on Market

Highlights

  • Outdoor Pool
  • 59.84 Acre Lot
  • Landscaped
  • Panoramic View
  • Agricultural
  • Fenced

About This Lot

As of May 2023

Prime Coachella Valley Date Ranch. Property includes a 5 bedroom/3 bath home with recently remodeled kitchen, duplex, two industrial buildings, and a pool house. In the Opportunity Zone, providing potential tax incentives. Near The Thermal Motorsports Club, Jacqueline CochranRegional Airport, and Desert International Horse Park. Easy access to Expressway 86 and Interstate 10. Serviced by Coachella Valley Water District, one of the lowest water rates in California.

Last Agent to Sell the Property

Susan Harvey

Desert Pacific Properties License #00957590 Listed on: 04/13/2023

Last Buyer's Agent

Terry Sanchez

Town & Country Real Estate License #01235344

Property Details

Property Type

  • Land

Lot Details

  • 59.84 Acre Lot
  • Property fronts a county road
  • Fenced
  • Landscaped
  • Level Lot
  • Front Yard
  • Additional Parcels
  • Property is zoned A-2

Property Views

  • Panoramic
  • Orchard Views
  • Mountain
  • Hills

Additional Features

  • Agricultural
  • Well

Listing and Financial Details

  • Assessor Parcel Number 757160003

Community Details

Overview

  • Thermal Subdivision

Recreation

  • Outdoor Pool
  • Electricity Available at Street

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: D
  • Lp Sp Ratio: 0.9700
  • View Type: Hills, Panoramic, Orchard, Mountain(s)
  • Internal Listing I D: 20230414005020386722000000
  • Listing I D: 219093599
  • Listing Office Address: 78100 main St. #206, La Quinta, CA 92253
  • Listing Office Fax: (760) 360-7580
  • List Office Board Code: California Desert Association of Realtors
  • Selling Office Address: 3200 Inland Empire Blvd Ste 23, Ontario, CA 91764
  • Land Type: Fee
  • Subdivision: Thermal
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: County Road
  • Fencing: Fenced
  • Pool: Yes
  • View: Yes

Utilities

  • Water: In Street, Well
  • Utilities: Electricity Available, Water Available, Electricity Connected, In Street

Lot Info

  • Present Use: Agricultural, Single Family, Ranch, Orchard
  • Additional Assessor Parcel Numbers: Yes
  • Additional Assessor Parcel Numbers: 757-170-002, 757-170-003
  • Assessor Parcel Number: 757160003
  • Lot Acres: 59.8400
  • Lot Size: 2606630.00
  • Lot Features: Agricultural, Raw Land, Level, Landscaped, Front Yard
  • Potential Use: Agricultural, Single Family, Residential, Ranch, Orchard, Farm

Rental Info

  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Unknown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2023
Closed on
May 22, 2023
Sold by
Manuela & Julian Gastelum Trust
Bought by
Palmmarketcom Inc
Seller's Agent
Susan Harvey
Desert Pacific Properties
Buyer's Agent
Terry Sanchez
Town & Country Real Estate
List Price
$5,000,000
Sold Price
$4,850,000
Premium/Discount to List
-$150,000
-3%
Views
83
Current Estimated Value
$2,983,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,866,055
Avg. Annual Appreciation
-16.75%

Purchase Details

Closed on
Jan 22, 2020
Sold by
Gastelum Manuela and Gastelum Julian
Bought by
Gastelum Manuela and Gastelum Julian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 5, 1996
Sold by
Hunsucker Evelyn N and Hunsucker Thomas J
Bought by
Hunsucker J Thomas
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
Palmmarketcom Inc $4,850,000 Fidelity National Title
Gastelum Manuela -- Stewart Title Of California
Hunsucker J Thomas -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gastelum Manuela $560,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2023 05/31/23 Sold $4,850,000 -3.0% --
05/18/2023 05/18/23 Pending -- -- --
04/13/2023 04/13/23 For Sale $5,000,000 -- --
Source: California Desert Association of REALTORS®

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 $24,775 $1,949,708 $1,485,587 $464,121
2023 $24,775 $410,065 $202,256 $207,809
2022 $5,523 $402,027 $198,291 $203,736
2021 $5,430 $394,145 $194,403 $199,742
2020 $5,373 $390,105 $192,410 $197,695
2019 $5,289 $382,458 $188,638 $193,820
2018 $5,901 $374,961 $184,939 $190,022
2017 $5,200 $367,610 $181,313 $186,297
2016 $4,996 $360,404 $177,758 $182,646
2015 $4,808 $354,993 $175,089 $179,904
2014 $4,789 $348,042 $171,660 $176,382
Source: Public Records

Agents Affiliated with this Home

  • Susan Harvey

    Seller's Agent in 2023

    Susan Harvey

    Desert Pacific Properties

    (760) 360-4594

    25 in this area

    134 Total Sales

    Susan Harvey
    Section Image

  • T

    Buyer's Agent in 2023

    Terry Sanchez

    Town & Country Real Estate

    Section Image
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Map

Source: California Desert Association of REALTORS®

MLS Number: 219093599

California Desert Association of REALTORS®

APN: 757-160-003

California Riverside County Thermal 92274

57281 Pierce St, Thermal, CA

Not Listed for Sale

Lots

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