NOT LISTED FOR SALE

5996 Merced Falls Rd Snelling, CA 95369

Estimated Value: $651,000

1,014.36 Acres
$642 Price per Acre
44,185,520 Sq Ft Lot

Last Sold September 29, 2020

Last sale price $6,000,000

Current estimated payment $3,613/month

119 Days on Market

Highlights

  • 1,014.36 Acre Lot
  • No HOA
  • Property is Fully Fenced
  • Fruit Trees
  • Agricultural

About This Lot

As of September 2020

The Gold Rush Ranch has a long history in the Gold business, but with the new almond plantings there is a new form of gold, agriculture. The almost 129 acres of recently planted Independence are growing fast and loaded with nuts this year. The projections and crop load make the adjoining 100 acres very attractive for planting, and even more acreage for planting is available. If diversification is attractive, there is over 200 acres of dry pasture. A portion of the property is located in the Merced Irrigation District, but the almonds rely on a riparian water right from the 1920's. It is equal to 250 miner's inches or 2,250 gpm. The water is free, but to get it to the ranch at this time runs about $66 per acre foot. There is an additional 500 plus acres of land encumbered with tailings and dredging material. At this time the seller is not including the estimated 11 million tons of surface rock and tailings with the sale of the ranch.

Last Agent to Sell the Property

Joseph Petersen

Petersen & Company License #01489372 Listed on: 05/24/2019

Last Buyer's Agent

Joseph Petersen

Petersen & Company License #01489372 Listed on: 05/24/2019

Property Details

Property Type

  • Land

Lot Details

  • 1,014.36 Acre Lot
  • Property is Fully Fenced
  • Fruit Trees
  • Possible uses of the property include Grazing,Livestock,Orchard
  • Property is zoned A2, Agricultural

Farming

  • Agricultural

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 043-150-018

Property Details

Property Type

Land

Lot Details

0

Listing Details

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

Interior Features

  • Other Equipment: None

Exterior Features

  • Other Structures: Barn,Shed
  • Disclosures/Documents: Soils Map,Williamson Act
  • Fencing: Full
  • Listing Price: 6490000.00
  • Road Surface Type: Gravel,Paved
  • Additional Living Units: No

Utilities

  • Water Source: Irrigation District,See Remarks

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Merced Union High

Lot Info

  • Zoning: A2
  • Crops: Almond
  • Current Use: Agricultural,Grazing,Orchard
  • Development Status: Raw Land
  • Zoning Description: Agricultural
  • Irrigation: Riparian Rights
  • Lot Size Acres: 1014.3600
  • Lot Size Sq Ft: 44185522
  • Possible Use: Grazing,Livestock,Orchard

Multi Family

  • Income Includes: Crop(s)

Tax Info

  • Assessor Parcel Number: 043-150-018
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Merced

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2019
Closed on
Sep 22, 2020
Sold by
Almond Brothers Lp
Bought by
Zanker Allen S and The Allen S Zanker 2008 Revoca
Seller's Agent
Joseph Petersen
Petersen & Company
Buyer's Agent
Joseph Petersen
Petersen & Company
List Price
$6,490,000
Sold Price
$6,000,000
Premium/Discount to List
-$490,000
-7.55%
Current Estimated Value
$651,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,349,000
Avg. Annual Appreciation
-34.13%

Purchase Details

Closed on
Feb 6, 2017
Sold by
Scholl Robert
Bought by
Schol Sandra Woolstenhulme

Purchase Details

Closed on
Feb 3, 2017
Sold by
Scholl Sandra Woolstenhulme and Woolstenhulme Sandra
Bought by
Almond Brothers Lp
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
Zanker Allen S $6,000,000 Old Republic Title Company
Schol Sandra Woolstenhulme -- Transcounty Title Company
Almond Brothers Lp $400,000 Yoemite Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2020 09/29/20 Sold $6,000,000 -7.6% --
09/20/2019 09/20/19 Pending -- -- --
05/24/2019 05/24/19 For Sale $6,490,000 -- --
Source: MetroList

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 $2,750 $265,194 $124,478 $140,716
2024 $2,750 $259,995 $122,038 $137,957
2023 $2,670 $254,898 $119,646 $135,252
2022 $2,636 $249,900 $117,300 $132,600
2021 $2,617 $245,000 $115,000 $130,000
2020 $4,449 $424,482 $344,892 $79,590
2019 $4,366 $416,160 $338,130 $78,030
2018 $4,268 $408,000 $331,500 $76,500
2017 $543 $50,877 $46,833 $4,044
2016 $535 $49,880 $45,915 $3,965
2015 $528 $49,132 $45,226 $3,906
2014 $516 $48,171 $44,341 $3,830
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 19037522

MetroList

APN: 043-150-018