NOT LISTED FOR SALE

613 Olive Ave Patterson, CA 95363

Estimated Value: $639,000 - $915,000

4.86 Acres
$169,629 Price per Acre
211,702 Sq Ft Lot

Last Sold March 19, 2021

Last sale price $685,000

Est. 20% increase in value since last sale

Current estimated payment $4,963/month

Highlights

  • 4.86 Acre Lot
  • No HOA
  • Property is Fully Fenced

About This Lot

As of March 2021

Calling all developers! Nearly 5 acres located in the center of the Villages of Patterson Master Development Plan. Current zoning is a combination of Medium Density Residential, Downtown Core, and Parks/Open space. Property is adjacent to one of the proposed main roads of the development. Existing property consists of 2 homes, multiple outbuildings, 1 acre fenced and the remaining used for Ag. Main home has 4 bedrooms, 2 1/2 baths, approx 2000. 2nd home is 1 bedroom, 1 bath approx 800 sf. New well pump in 2016. 2 separate septic systems. Detached 1/2 bath in yard. Multiple outbuildings. Approx 2400 sf Quanset Hut with an area plumbed for radiant floor heating. Previously intended use for Bee Keeping. Additional metal barn, approx 2000 sf with 4 post (12k lb) platform lift. Lots of possibilities and potential for income until the area is fully developed.

Last Agent to Sell the Property

Troy Ross

Century 21 Select Real Estate License #01794254 Listed on: 04/26/2019

Century 21 Select Real Estate

Last Buyer's Agent

Troy Ross

Century 21 Select Real Estate License #01794254 Listed on: 04/26/2019

Century 21 Select Real Estate

Property Details

Property Type

  • Land

Lot Details

  • 4.86 Acre Lot
  • Property is Fully Fenced
  • Possible uses of the property include Commercial,Residential,See Remarks
  • Property is zoned Residential/Commercial, Agricultural/Residential,Commercial,Planned Unit Development,Residential

Additional Features

  • Accessory Dwelling Unit (ADU)
  • Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 047-025-013-000

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Subtype 1: Residential Acreage
  • Primary Residence: 31+ Years Old
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Other Equipment: Negotiable
  • Additional Living Description: 31+ Years Old

Exterior Features

  • Other Structures: See Remarks
  • Disclosures/Documents: PUD,Subdivision Info
  • Fencing: Full
  • Listing Price: 750000.00
  • Road Surface Type: Paved
  • Additional Living Units: Yes

Utilities

  • Utilities: See Remarks
  • Water Source: Domestic Well With Pump

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Patterson Joint

Lot Info

  • Zoning: Residential/Commercial
  • Crops: See Remarks
  • Current Use: Agricultural
  • Development Status: See Remarks
  • Zoning Description: Agricultural/Residential,Commercial,Planned Unit Development,Residential
  • Irrigation: See Remarks
  • Lot Size Acres: 4.8600
  • Lot Size Sq Ft: 211702
  • Possible Use: Commercial,Residential,See Remarks

Multi Family

  • Income Includes: See Remarks

Tax Info

  • Assessor Parcel Number: 047-025-013-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 21, 2022
Sold by
Escalera Properties Group Llc
Bought by
Alaniz Ana
Current Estimated Value
$824,395

Purchase Details

Listed on
Apr 26, 2019
Closed on
Mar 8, 2021
Sold by
Drew Charles W and The Drew Family Revocable Livi
Bought by
Escalera Properties Group Llc
Seller's Agent
Troy Ross
Century 21 Select Real Estate
Buyer's Agent
Troy Ross
Century 21 Select Real Estate
List Price
$750,000
Sold Price
$685,000
Premium/Discount to List
-$65,000
-8.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.89%
Original Mortgage
$490,000
Interest Rate
2.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 8, 2008
Sold by
Drew Charles W
Bought by
Drew Charles W and Drew Coralee M Bunny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,185
Interest Rate
3.71%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Jul 22, 2008
Sold by
Drew Charles W
Bought by
Drew Charles W and Drew Cora L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,185
Interest Rate
3.71%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Alaniz Ana $500,000 --
Escalera Properties Group Llc $685,000 Stewart Title Of Ca Inc
Drew Charles W -- None Available
Drew Charles W -- Stewart Title Of California
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Escalera Properties Group Llc $490,000
Previous Owner Drew Charles W $544,185
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/19/2021 03/19/21 Sold $685,000 -8.7% --
01/04/2021 01/04/21 For Sale $750,000 +9.5% --
12/31/2020 12/31/20 Off Market $685,000 -- --
10/01/2020 10/01/20 For Sale $750,000 +9.5% --
09/30/2020 09/30/20 Off Market $685,000 -- --
09/29/2020 09/29/20 Price Changed $750,000 -11.8% --
01/02/2020 01/02/20 For Sale $850,000 +24.1% --
12/31/2019 12/31/19 Off Market $685,000 -- --
12/23/2019 12/23/19 Price Changed $850,000 -10.5% --
04/25/2019 04/25/19 For Sale $950,000 -- --
04/25/2019 04/25/19 Pending -- -- --
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 $8,323 $722,037 $443,730 $278,307
2024 $8,298 $707,880 $435,030 $272,850
2023 $8,110 $694,000 $426,500 $267,500
2022 $7,847 $698,700 $439,620 $259,080
2021 $3,028 $271,776 $108,209 $163,567
2020 $3,010 $268,990 $107,100 $161,890
2019 $2,962 $263,716 $105,000 $158,716
2018 $2,816 $258,546 $102,942 $155,604
2017 $2,755 $253,477 $100,924 $152,553
2016 $2,679 $248,508 $98,946 $149,562
2015 $2,639 $244,776 $97,460 $147,316
2014 $2,581 $239,982 $95,551 $144,431
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: MetroList

MLS Number: 19027060

MetroList

APN: 047-25-13