NOT LISTED FOR SALE

7500 W Grayson Rd Modesto, CA 95358

Estimated Value: $2,042,998

59.75 Acres
$34,192 Price per Acre
2,602,710 Sq Ft Lot

Last Sold December 24, 2020

Last sale price $1,600,000

Est. 28% increase in value since last sale

Current estimated payment $11,521/month

17 Days on Market

Highlights

  • River Front
  • No HOA
  • Agricultural
  • 59.75 Acre Lot

About This Lot

As of December 2020

Excellent opportunity to acquire 59.75 +/- ac. of irrigated Farm Land in Stanislaus County. 41 +/- ac. of almonds developed in 2019, 50% NonPareil, 25% Shasta & 25% Monterey on Nemagard rootstock. Currently flood irrigated with Turlock ID surface water with the added benefit of an irrigation pump-station and main-line to support either a drip irrigation or micro-sprinkler system.There is a 2 +/- ac. building pad tucked away from the road for future uses. The 18.75 +/- ac. of beautiful River-Bottom Land is currently farmed to row crops and has San-Joaquin River frontage offering recreational options. Property has a double-wide Modular Home in fair condition per Seller.

Last Agent to Sell the Property

Greg Austin

PMZ Commercial Real Estate License #01951398 Listed on: 09/08/2020

PMZ Commercial Real Estate

Last Buyer's Agent

Greg Austin

PMZ Commercial Real Estate License #01951398 Listed on: 09/08/2020

PMZ Commercial Real Estate

Property Details

Property Type

  • Land

Lot Details

  • 59.75 Acre Lot
  • River Front
  • Irrigation
  • Possible uses of the property include Recreational,Single Family,Orchard
  • Property is zoned A-40, Agricultural,Agricultural/Residential

Additional Features

  • Agricultural
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 017-060-004-000

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Subtype 1: Agriculture
  • Primary Residence: 0-30 Years Old,Mobile/Modular
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Other Equipment: Irrigation

Exterior Features

  • Other Structures: None
  • Disclosures/Documents: Soils Map,Williamson Act
  • Frontage Type: River
  • Horse Property: No
  • Listing Price: 1650000.00
  • Lot Features: Lake/River Access,Shape Irregular
  • Road Surface Type: Paved
  • Additional Living Units: No

Utilities

  • Sewer: Septic Tank
  • Water Source: Domestic Well With Pump,Irrigation District

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Ceres Unified

Lot Info

  • Zoning: A-40
  • Crops: Almond,Row Crops
  • Current Use: Agricultural,Orchard,Row Crops
  • Development Status: Farm Land
  • Zoning Description: Agricultural,Agricultural/Residential
  • Irrigation: District,Pipeline
  • Lot Size Acres: 59.7500
  • Lot Size Sq Ft: 2602710
  • Possible Use: Recreational,Single Family,Orchard

Multi Family

  • Income Includes: Crop(s)

Tax Info

  • Assessor Parcel Number: 017-060-004-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2020
Closed on
Dec 18, 2020
Sold by
Conway Robert Paul
Bought by
Rivercrest Ranches Lp
Seller's Agent
Greg Austin
PMZ Commercial Real Estate
Buyer's Agent
Greg Austin
PMZ Commercial Real Estate
List Price
$1,650,000
Sold Price
$1,600,000
Premium/Discount to List
-$50,000
-3.03%
Current Estimated Value
$2,042,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$442,998
Avg. Annual Appreciation
4.96%

Purchase Details

Listed on
Sep 8, 2020
Closed on
Nov 25, 2020
Sold by
Conway Robert Paul and The Robert P Conway 2013 Trust
Bought by
Conway Robert Paul
Seller's Agent
Greg Austin
PMZ Commercial Real Estate
Buyer's Agent
Greg Austin
PMZ Commercial Real Estate
List Price
$1,650,000
Sold Price
$1,600,000
Premium/Discount to List
-$50,000
-3.03%

Purchase Details

Closed on
Aug 12, 2016
Sold by
Conway Robert P and Conway Dorene A
Bought by
Conway Robert Paul

Purchase Details

Closed on
Jan 8, 2007
Sold by
Conway Robert Paul and Conway Dorene Ann
Bought by
Conway Robert P and Conway Dorene A

Purchase Details

Closed on
Sep 29, 2004
Sold by
Conway Robert Paul and Conway Dorene Ann
Bought by
Conway Robert Paul and Conway Dorene Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,613
Interest Rate
5%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Mar 30, 2004
Sold by
Conway Bobby Everett and Conway Antoinette Marie
Bought by
Conway Robert Paul and Conway Dorene Ann

Purchase Details

Closed on
Oct 24, 2000
Sold by
Conway Bobby Everett and Conway Antoinette Marie
Bought by
Conway Robert Paul and Conway Dorene Ann

Purchase Details

Closed on
Oct 24, 1996
Sold by
Burchell Nursery Inc
Bought by
Conway Bobby Everett and Conway Antoinette Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$780,000
Interest Rate
8.11%
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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Purchase History

Date Buyer Sale Price Title Company
Rivercrest Ranches Lp $1,600,000 Placer Title Company
Conway Robert Paul -- None Available
Conway Robert Paul -- None Available
Conway Robert P -- Fidelity Natl Title Co Of Ca
Conway Robert Paul -- Fidelity National Title
Conway Robert Paul -- --
Conway Robert Paul -- --
Conway Bobby Everett -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Conway Robert Paul $62,613
Previous Owner Conway Bobby Everett $780,000
Closed Rivercrest Ranches Lp $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/24/2020 12/24/20 Sold $1,600,000 -3.0% --
09/25/2020 09/25/20 Pending -- -- --
09/08/2020 09/08/20 For Sale $1,650,000 -- --
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 $10,058 $714,663 $568,904 $145,759
2024 $9,534 $704,677 $604,687 $99,990
2023 $8,583 $632,316 $618,791 $13,525
2022 $8,202 $623,388 $610,128 $13,260
2021 $7,979 $597,521 $584,521 $13,000
2020 $5,991 $512,927 $507,619 $5,308
2019 $5,817 $489,631 $484,427 $5,204
2018 $5,544 $447,960 $398,847 $49,113
2017 $5,038 $394,395 $340,319 $54,076
2016 $4,720 $379,859 $326,566 $53,293
2015 $4,629 $371,395 $325,412 $45,983
2014 $4,425 $353,376 $312,717 $40,659
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 20052596

MetroList

APN: 017-60-04