$510,000
SOLD APR 22, 2025

5900 Olive Rd Corning, CA 96021

30 Acres
$17,000 Price per Acre
1,306,800 Sq Ft Lot

Recently Sold

35% Below List Price

277 Days on Market

Highlights

  • 30 Acre Lot
  • Corner Lot
  • Agricultural
  • Orchard
  • Landscaped with Trees

About This Lot

As of April 2025

30 acres of Class I soils planted to producing Chandler walnuts, multiple irrigation wells and 35.7 Kwh solar array. In 2015, a 16” cased well was completed to a depth of 440’. This well with new pump bowls and 75hp motor allows the orchards to be irrigated in one set. A second irrigation well with 30 Hp submersible is also located on the parcel but is not currently needed or utilized. For domestic water, the parcel also has a 6” cased well with submersible pump near the solar array. Soils: The soils are rated Class 1 by the Natural Resources Conservation Service. They include Os, Orland silt loam and Wz, Wyo silt loam. They are suited for walnuts or most any crop grown in Tehama County. Walnuts: 27 acres of this parcel were planted in 2013 to Chandler on paradox rootstock. Tree spacing is 18’ x 25’, 97 trees per acre. Irrigation by solid set system with Nelson R10 sprinklers (25’ x 36’). 2022 production was 3,929 pounds/ acre.

Last Agent to Sell the Property

Sam Mudd

AG-Land Investment Brokers License #01710463 Listed on: 07/19/2024

Last Buyer's Agent

Sam Mudd

AG-Land Investment Brokers License #01710463 Listed on: 07/19/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,828

Lot Details

  • 30 Acre Lot
  • Dirt Road
  • Corner Lot
  • Level Lot
  • Orchard
  • Landscaped with Trees
  • Zoning described as Zoned EA-AP, Exclusive Ag

Additional Features

  • Agricultural
  • Well

Property Details

Property Type

Land

Est. Annual Taxes

$2,828

Lot Details

0

Listing Details

  • PropertyType: Land
  • Current Use: Orchard
  • ResoLotFeatures: Agricultural, Corner Lot, Orchard(s), Flat, Trees
  • Lot Size Acres: 30.0
  • Road Surface Type: Dirt, Gravel
  • Co List Office Phone: 530-529-4400
  • MLS Status: Closed
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: See Remarks

Utilities

  • Sewer: See Remarks
  • Electric: See Remarks
  • Water Source: Well

Lot Info

  • Possible Use: Farm, Ranch
  • Topography: Level
  • Zoning Description: Zoned EA-AP, Exclusive Ag

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2024
Closed on
Apr 17, 2025
Sold by
Blackburn Farms Lp
Bought by
Peton Dustin S
Seller's Agent
Sam Mudd
AG-Land Investment Brokers
Buyer's Agent
Sam Mudd
AG-Land Investment Brokers
List Price
$790,000
Sold Price
$510,000
Premium/Discount to List
-$280,000
-35.44%
Views
254
Current Estimated Value
$517,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,622
Avg. Annual Appreciation
0.85%
Original Mortgage
$484,500
Outstanding Balance
$483,711
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$28,024

Purchase Details

Closed on
Mar 30, 2015
Sold by
Suffin and Livestocke
Bought by
Blackburn Farms Lp
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Grant Deed $510,000 Northern California Title
Grant Deed $890,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $484,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2025 04/22/25 Sold $510,000 -20.9% --
01/13/2025 01/13/25 Price Changed $645,000 -18.4% --
07/19/2024 07/19/24 For Sale $790,000 -- --
Source: Tehama County Association of REALTORS®

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 $2,828 $307,905 $59,715 $248,190
2023 $3,543 $341,985 $62,278 $279,707
2022 $3,625 $348,764 $62,355 $286,409
2021 $4,393 $426,977 $62,188 $364,789
2020 $4,653 $444,955 $55,829 $389,126
2019 $4,066 $395,047 $49,706 $345,341
2018 $4,607 $442,855 $38,292 $404,563
2017 $1,330 $126,367 $30,061 $96,306
2016 $1,423 $140,704 $46,286 $94,418
2015 -- $90,677 $59,341 $31,336
2014 $898 $88,083 $57,360 $30,723
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tehama County Association of REALTORS®

MLS Number: 20240553

Tehama County Association of REALTORS®

APN: 067-320-026-000