NOT LISTED FOR SALE

Estimated Value: $1,308,079

3 Beds
1 Bath
783,644 Sq Ft
$2/Sq Ft Est. Value

Last Sold December 03, 2019

Last sale price $480,000 $1 Per Sq Ft

Est. 173% increase in value since last sale

Current estimated payment $8,036/month

270 Days on Market

About This Home

As of December 2019

Ranch receives Merced Irrigation District water for the row crop along with a tenant house

Last Agent to Sell the Property

Bill Enns

Pearson Realty License #01335282 Listed on: 02/07/2019

Co-Listed By

Dale Samuelian

Pearson Realty License #00560665

Last Buyer's Agent

Bill Enns

Pearson Realty License #01335282 Listed on: 02/07/2019

Property Details

Property Type

  • Other

Year Built

  • Built in 1950

Lot Details

  • 17.99 Acre Lot

Home Design

  • Farm

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Utilities

  • Propane
  • Property is located within a water district
  • Well
  • Septic Tank

Property Details

Property Type

Other

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Type: Farm
  • Property Sub Type: Irrigated Field Crop
  • Price Per Square Foot: 380.35
  • Year Built Exception: 0
  • Miscellaneous: Ground Lease
  • Accessibility: Country Road
  • Nearest Highway: CA State 140
  • Special Features: None
  • Year Built: 1950

Interior Features

  • Bathrooms: 1.00
  • Bedrooms: 3

Utilities

  • Sewer Septic: Septic Tank
  • Utilities: Electricity Available, Propane
  • Water Source: Well, District Water Avail

Condo/Co-op/Association

  • Association: Fresno MLS

Lot Info

  • Topography: Flat
  • Acres: 17.9900
  • Lot Measurement: Acres
  • Lot Size Sq Ft: 783644.00
  • Price Per Acre: 26681.49
  • Domestic Wells: One
  • Irrigation District: Merced Irrigation District
  • Irrigation Wells: One
  • Major Crop Type: Row Crop

Building Info

  • Year Built: 1950

MLS Schools

  • School District 2: Merced
  • School Type: High School
  • School Name: Merced
  • School Type: Junior High School
  • School Name: Merced
  • School Type: Grade School
  • School Name: Merced
  • Schools Comment: Buyer to Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 28, 2022
Sold by
Kahlon Family Farming Llc
Bought by
Mann Jaspreet Singh and Mann Navreet
Current Estimated Value
$1,308,079

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Outstanding Balance
$762,648
Interest Rate
5.81%
Mortgage Type
Credit Line Revolving
Estimated Equity
$545,431

Purchase Details

Closed on
Feb 7, 2022
Sold by
Jhvs Group Llc
Bought by
Kahlon Family Farming Llc

Purchase Details

Closed on
Jan 4, 2021
Sold by
Kahlon Family Farming Llc
Bought by
Jhvs Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
2.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 1, 2020
Sold by
Kahlon Family Farming Llc
Bought by
Kahlon Family Farming Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
2.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Feb 7, 2019
Closed on
Nov 20, 2019
Sold by
Zimmerman Thomas Roy
Bought by
Kahion Family Farming Llc
Seller's Agent
Bill Enns
Pearson Realty
Buyer's Agent
Bill Enns
Pearson Realty
List Price
$480,000
Sold Price
$480,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.80%
Original Mortgage
$380,000
Interest Rate
3.6%
Mortgage Type
Commercial
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
Mann Jaspreet Singh $1,537,500 Fidelity National Title
Kahlon Family Farming Llc $1,200,000 None Listed On Document
Jhvs Group Llc $1,200,000 Fidelity National Title
Jhvs Group Llc $1,200,000 Fidelity National Title
Kahlon Family Farming Llc -- Fidelity National Title
Kahlon Family Farming Llc -- Fidelity National Title
Kahion Family Farming Llc $480,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mann Jaspreet Singh $800,000
Previous Owner Jhvs Group Llc $800,000
Previous Owner Kahion Family Farming Llc $380,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2019 12/03/19 Sold $480,000 0.0% $1 / Sq Ft
11/04/2019 11/04/19 Pending -- -- --
02/07/2019 02/07/19 For Sale $480,000 -- $1 / Sq Ft
Source: Fresno MLS

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 $15,168 $1,477,368 $1,352,520 $124,848
2024 $15,168 $1,448,400 $1,326,000 $122,400
2023 $14,867 $1,420,000 $1,300,000 $120,000
2022 $11,570 $1,091,400 $969,000 $122,400
2021 $9,381 $869,972 $819,454 $50,518
2020 $5,216 $480,000 $430,000 $50,000
2019 $778 $64,271 $33,463 $30,808
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Fresno MLS

MLS Number: 517487

Fresno MLS

APN: 215-130-016