$1,480,000
SOLD FEB 28, 2025

723 W Adams Ave Fresno, CA 93706

80 Acres
$18,500 Price per Acre
3,484,800 Sq Ft Lot

Recently Sold

$0 Per Sq Ft

8% Below List Price

10 Days on Market

Highlights

  • 80 Acre Lot
  • No HOA
  • Agricultural
  • Vineyard

About This Lot

As of February 2025

Plantings The property is planted to Mature Organic Thompson Vines. Water Property is located in the Consolidated Irrigation District and part of the Central Kings GSA. There are two (2) Ag Wells on the property: one (1) Ag Well with a 15 HP turbine pump and one (1) Ag Well with a 15 HP pump. Soil Delhi Loamy Sand and Delhi Sand. See Soil Map' and Soil Description' Home There is one (1) home, an older single family residence, on the property. Sold in as/is condition. Groundwater Disclosure Sustainable Groundwater Management Act (SGMA) requires groundwater basins to be sustainable by 2040. SGMA requires a Groundwater Sustainability Plan (GSP) by 2020. Said plans may limit ground water pumping. For more information please visit the SGMA website at www.sgma.water.ca.gov/portal/. Remarks This organic vineyard is an excellent investment opportunity south of Fresno, near Highway 41, off of Adams Avenue in Fresno's Consolidated Irrigation District (CID). The property is not currently connected to CID, but plans for a pipeline have been approved and are ready for the next owner to implement. This is a great chance to add a mature organic vineyard with a rental home to begin your investment portfolio or add to an existing portfolio.

Last Agent to Sell the Property

Stephen Schuil

Schuil Ag Real Estate, Inc License #01713755 Listed on: 02/03/2025

Last Buyer's Agent

Rick Schuil

Schuil Ag Real Estate, Inc License #00961925

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,018

Lot Details

  • 80 Acre Lot
  • Property fronts a county road
  • Possible uses of the property include Agricultural, Vineyard
  • Property is zoned AE-20, Agricultural

Farming

  • Vineyard
  • Agricultural

Utilities

  • Agricultural Well Water Source
  • Septic Tank

Community Details

  • No Home Owners Association
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 335-031-01

Property Details

Property Type

Land

Est. Annual Taxes

$9,018

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Subtype 1: Agriculture
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands
  • Stories: 0

Exterior Features

  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 1600000.00
  • Lot Features: See Remarks
  • New Construction: No
  • Pool: No
  • Road Frontage: County Road
  • Spa: No
  • Topography: Level,Level
  • Additional Living Units: No

Utilities

  • Sewer: Septic Tank
  • Utilities: Other
  • Water Source: Agricultural Well, See Remarks

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Other

Lot Info

  • Zoning: AE-20
  • Crops: Grapes
  • Current Use: Agricultural, Vineyard
  • Development Status: Farm Land
  • Zoning Description: Agricultural
  • Irrigation: District, Well
  • Lot Size Acres: 80.0000
  • Lot Size Sq Ft: 3484800.00
  • Possible Use: Agricultural, Vineyard
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Expiration Date: 1800-01-011800-01-01
  • Lease Type: Net

Multi Family

  • Income Includes: ["None"]

Tax Info

  • Assessor Parcel Number: 335-031-01
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2025
Closed on
Feb 26, 2025
Sold by
Stella A Boyajian Revocable Trust and Boyajian Stella A
Bought by
Aulakh Amardeep and Kaur Jaspreet
Seller's Agent
Stephen Schuil
Schuil Ag Real Estate, Inc
Buyer's Agent
Rick Schuil
Schuil Ag Real Estate, Inc
List Price
$1,600,000
Sold Price
$1,480,000
Premium/Discount to List
-$120,000
-7.5%
Views
8
Current Estimated Value
$1,504,185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,185
Avg. Annual Appreciation
4.36%

Purchase Details

Closed on
Dec 14, 2022
Sold by
Boyajian Diane
Bought by
Stella A Boyajian Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2022
Sold by
Boyajian Stella A
Bought by
Stella A Boyajian Revocable Trust
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Grant Deed $1,480,000 Old Republic Title Company
Grant Deed $380,000 Fidelity National Title
Grant Deed -- Sullivan Mcgregor & Doerr Llp
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,400,000 New Conventional
Previous Owner $565,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2025 02/28/25 Sold $1,480,000 -7.5% $0 / Sq Ft
02/13/2025 02/13/25 Pending -- -- --
02/03/2025 02/03/25 For Sale $1,600,000 -- $0 / Sq Ft
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
2023 $9,018 $555,252 $353,711 $201,541
2022 $7,995 $552,426 $353,576 $198,850
2021 $7,818 $534,533 $332,923 $201,610
2020 $7,307 $514,468 $312,961 $201,507
2019 $7,290 $511,779 $312,832 $198,947
2018 $5,560 $443,804 $276,938 $166,866
2017 $5,531 $443,302 $263,825 $179,477
2016 $6,127 $496,935 $287,590 $209,345
2015 $6,336 $442,416 $234,883 $207,533
2014 $4,455 $410,285 $217,495 $192,790
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 225013002

MetroList

APN: 335-031-01