Seller's Agent in 2019
Raeid Farhat
Raeid Farhat Real Estate Inc
(831) 840-3902
10 in this area
107 Total Sales
671 Harrison Rd Salinas, CA 93907
143
Acres
--
Price per Acre
6,229,080
Sq Ft Lot
Highlights
- 143 Acre Lot
- Gated Home
- Crops
- Agricultural
- Lot Has A Rolling Slope
About This Lot
As of October 2019Attention Farmers! Rare, hard to find, 143 Acre Certified Organic Ranch. Some of the finest berries in the world are grown here in the Salinas Valley. Has been farmed in Strawberries for many many years. Good Water (1200GPM well). Has a second well, producing 350 GPM. 2 Parcels. Sale also includes, 3 Manufactured/Mobile Homes, 3 separate buildings. barns/Workshop/ Equipment room. Ideal Commute location. Minutes from HWY 101. The Property has gently rolling to rolling topography. Currently, 105 Acres is being leased through December 2020, but with one time option to cancel the lease at time of sale.
Last Agent to Sell the Property
Raeid Farhat Real Estate Inc License #01295607 Listed on: 11/19/2018
Property Details
Property Type
- Land
Lot Details
- 143 Acre Lot
- Gated Home
- Lot Has A Rolling Slope
- Irrigation
Farming
- Crops
- Agricultural
Horse Facilities and Amenities
- Horses Potentially Allowed on Property
Utilities
- Gas Available
- Well
- Septic Tank
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 19, 2018
Closed on
Oct 28, 2019
Sold by
Fernandez Brothers Inc
Bought by
617 Harrison Rd Llc
Seller's Agent
Raeid Farhat
Raeid Farhat Real Estate Inc
Buyer's Agent
Joe Piini
Piini Realty
List Price
$6,799,000
Sold Price
$4,250,000
Premium/Discount to List
-$2,549,000
-37.49%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,750,000
Outstanding Balance
$2,424,090
Interest Rate
3.7%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 21, 2015
Sold by
Ballin Jose M
Bought by
Fernandez Brothers Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,275,000
Interest Rate
4.01%
Mortgage Type
Unknown
Purchase Details
Closed on
Dec 21, 2000
Sold by
Ballin Jose and Ballin Ramona
Bought by
Ballin Jose M and Ballin Ramona C
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 617 Harrison Rd Llc | $4,250,000 | Chicago Title Company | |
| Fernandez Brothers Inc | $3,500,000 | First American Title Company | |
| Ballin Jose M | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 617 Harrison Rd Llc | $2,750,000 | |
| Previous Owner | Fernandez Brothers Inc | $2,275,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/31/2019 10/31/19 | Sold | $4,250,000 | -5.5% | -- |
| 08/29/2019 08/29/19 | Pending | -- | -- | -- |
| 06/18/2019 06/18/19 | Price Changed | $4,499,000 | -8.2% | -- |
| 03/09/2019 03/09/19 | Price Changed | $4,899,000 | -15.5% | -- |
| 02/05/2019 02/05/19 | Price Changed | $5,799,000 | -14.7% | -- |
| 01/16/2019 01/16/19 | Price Changed | $6,798,000 | 0.0% | -- |
| 01/02/2019 01/02/19 | Price Changed | $6,799,000 | +17.2% | -- |
| 01/02/2019 01/02/19 | Price Changed | $5,799,000 | -14.7% | -- |
| 11/19/2018 11/19/18 | For Sale | $6,799,000 | -- | -- |
Source: MLSListings
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 | $53,994 | $4,170,397 | $3,869,646 | $300,751 |
| 2024 | $53,994 | $4,088,625 | $3,793,771 | $294,854 |
| 2023 | $53,972 | $4,008,457 | $3,719,384 | $289,073 |
| 2022 | $51,395 | $3,929,860 | $3,646,455 | $283,405 |
| 2021 | $49,432 | $3,852,805 | $3,574,956 | $277,849 |
| 2020 | $49,407 | $3,813,300 | $3,538,300 | $275,000 |
| 2019 | $43,817 | $3,332,079 | $3,119,838 | $212,241 |
Source: Public Records
Agents Affiliated with this Home
-
Raeid Farhat
-
Joe Piini
Buyer's Agent in 2019
Joe Piini
Piini Realty
(831) 229-6913
47 Total Sales
Map
Source: MLSListings
MLS Number: ML81731632
APN: 125-011-062-000
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