NOT LISTED FOR SALE

Estimated Value: $690,437 - $698,000

9.18 Acres
$75,623 Price per Acre
399,881 Sq Ft Lot

Sale Details

Date Sold: September 23, 2024

Last sale price $700,000

Est. 1% decrease in value since last sale

Current estimated payment $3,742 / mo

7 Days on Market

Highlights

  • Panoramic View
  • Corner Lot
  • Cul-De-Sac
  • 9.18 Acre Lot
  • No HOA
  • Agricultural

About This Lot

As of September 2024

Nestled in the prestigious South Morro Hills area, this 9.18-acre estate offers an exceptional blend of natural beauty and exclusivity. Located near the serene Sleeping Indian, the property is distinguished by its expansive views that span both rolling countryside and the shimmering city skyline. Currently featuring an old avocado grove, the property presents a fantastic opportunity to transform the landscape. The grove can be cleared to make way for a new vineyard perhaps, offering the potential to cultivate your own private wine production or simply enhance the estate's charm. In addition to its scenic allure and agricultural potential, the property also holds significant investment promise with a subdivision into three parcels, providing the flexibility to develop multiple high-value estates or capitalize on the area's real estate demand. This property promises a picturesque backdrop for both peaceful retreats and lucrative investment ventures. Embrace the opportunity to create a dream estate in a location renowned for its luxury and charm, where every day feels like a retreat into a world of unparalleled beauty and potential. A must see opportunity!

Last Agent to Sell the Property

Tony Silva

Berkshire Hathaway HomeService Brokerage Email: tonysilva@bhhscal.com License #01388576 Listed on: 08/16/2024

Berkshire Hathaway HomeService

Co-Listed By

Lynnell Honda

Berkshire Hathaway HomeService Brokerage Email: tonysilva@bhhscal.com License #01367023

Property Details

Property Type

  • Land

Lot Details

  • 9.18 Acre Lot
  • Cul-De-Sac
  • Rural Setting
  • Corner Lot
  • Gentle Sloping Lot
  • Value in Land
  • Property is zoned A70

Property Views

  • Panoramic
  • Hills

Farming

  • Agricultural

Community Details

  • No Home Owners Association
  • Foothills

Listing and Financial Details

  • Assessor Parcel Number 1222801300
  • Seller Considering Concessions

Property Details

Property Type

Land

Lot Details

9.18 Acres

Listing Details

  • Assessments: No
  • View: Yes
  • Zoning: A70
  • Property Sub Type: Water Position With Land
  • Property Type: Land
  • Parcel Number: 1222801300
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Price Per Square Foot: 1.75

Exterior Features

  • View: Hills, Panoramic
  • Fence: No

Utilities

  • Water Well: No

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Foothills, Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Agricultural, Corner Lot, Cul-De-Sac, Gentle Sloping, Value In Land, Walkstreet
  • Lot Size Sq Ft: 399880.80
  • Lot Size Acres: 9.1800

Multi Family

  • Lot Size Area: 9.1800 Acres

Tax Info

  • Tax Tract Number: Pm0359

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2024
Closed on
Sep 10, 2024
Sold by
Piercy Lorna J
Bought by
Zadeh Jafar Kaydashti and Samadi Zeina
Seller's Agent
Tony Silva
Berkshire Hathaway HomeService
Buyer's Agent
Tony Silva
Berkshire Hathaway HomeServices California Properties
List Price
$725,000
Sold Price
$700,000
Premium/Discount to List
-$25,000
-3.45%
Views
10
Current Estimated Value
$694,219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,781
Avg. Annual Appreciation
-0.51%

Purchase Details

Closed on
Jul 15, 2024
Sold by
John F Fee Trust and Fee Lawrence Howard
Bought by
Piercy Lorna J

Purchase Details

Closed on
Jul 11, 2003
Sold by
Fee John F
Bought by
Fee John F

Purchase Details

Closed on
Mar 18, 1999
Sold by
Gowan Calpurnia A
Bought by
Fee John F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
7.7%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 28, 1994
Sold by
Gowan Calpurnia A
Bought by
Calpurnia Abigail Gowan Trust
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
Zadeh Jafar Kaydashti $700,000 California Title Company
Piercy Lorna J -- None Listed On Document
Fee John F -- --
Fee John F -- First American Title
Fee John F $250,000 First American Title
Calpurnia Abigail Gowan Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fee John F $195,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2024 09/23/24 Sold $700,000 -3.4% --
08/16/2024 08/16/24 For Sale $725,000 -- --
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 $732 $25,722 $18,722 $7,000
2024 $732 $49,446 $38,017 $11,429
2023 $747 $50,997 $39,792 $11,205
2022 $744 $50,630 $39,645 $10,985
2021 $743 $50,397 $39,628 $10,769
2020 $724 $48,496 $37,837 $10,659
2019 $703 $46,490 $36,040 $10,450
2018 $686 $44,803 $34,558 $10,245
2017 $684 $44,625 $34,581 $10,044
2016 $665 $43,065 $33,217 $9,848
2015 $663 $42,921 $33,221 $9,700
2014 $648 $41,484 $31,974 $9,510
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2407389

California Regional Multiple Listing Service (CRMLS)

APN: 122-280-13

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