NOT LISTED FOR SALE

945 Manila Rd Lathrop, CA 95330

Estimated Value: $787,000 - $1,266,000

19.54 Acres
$50,559 Price per Acre
851,162 Sq Ft Lot

Last Sold April 25, 2023

Last sale price $875,000

Est. 13% increase in value since last sale

Current estimated payment $6,161/month

Highlights

  • Horses Allowed On Property
  • 19.54 Acre Lot
  • Secluded Lot
  • Lathrop High School Rated A-
  • Orchard Views
  • No HOA

About This Lot

As of April 2023

Rare opportunity to own 19.5 Acres of land Just 5 min to Target and Lathrop Marketplace and 10min to River Islands! This land is AG-40 zoning which means you can build a primary single family residence and ADU unit for rental. Additionally, you can potentially have up to 12 farm labor employee houses for farm laborers as defined by the California Labor Code and you can rent those out as well! County contact info available upon request. This property has been in the same family for over 30 years, so this type of land is a very rare find as it has so much long term passive income potential. Only 40min to Livermore and EASY Peezy Highway 5/120 Freeway access. Do not miss this Once in a Lifetime Opportunity.

Last Agent to Sell the Property

Henry Brooks

Realty ONE Group Zoom License #01713865 Listed on: 03/13/2023

Realty ONE Group Zoom

Last Buyer's Agent

Henry Brooks

Realty ONE Group Zoom License #01713865 Listed on: 03/13/2023

Realty ONE Group Zoom

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $11,256

Lot Details

  • 19.54 Acre Lot
  • Cross Fenced
  • Brush Vegetation
  • Secluded Lot
  • Possible uses of the property include Agricultural, Residential, Row Crops, Dairy, Single Family, Grazing, Vineyard, Livestock, See Remarks, Orchard
  • Property is zoned AG-40 Residential, 2nd Unit Possible,Orchard,Agricultural/Residential,Farm/Ranch,Residential,Horses Allowed,Rezone Possible,Split Possible,Modular Homes/Trailers,Nursery

Additional Features

  • Orchard Views
  • Pasture
  • Horses Allowed On Property
  • Sewer Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 191-260-02

Property Details

Property Type

Land

Est. Annual Taxes

$11,256

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Subtype 1: Residential Acreage
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Other Equipment: None

Exterior Features

  • Other Structures: None
  • Disclosures/Documents: Preliminary Title Report, Parcel Map
  • Fencing: Cross Fenced
  • Horse Property: Yes
  • Listing Price: 999950.00
  • Lot Features: Secluded, See Remarks
  • Road Frontage: City Street
  • Road Surface Type: Paved
  • Topography: Agricultural Leveled,Cleared,Level
  • View Description: Orchard
  • Additional Living Units: No

Utilities

  • Sewer: None, See Remarks
  • Utilities: See Remarks
  • Water Source: Other

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Manteca Unified

Lot Info

  • Horse Amenities: Other
  • Zoning: AG-40 Residential
  • Crops: Almond,Apple,Apricot,Cherry,Citrus,Flowers,Fruits,Grain,Grapes,Nuts
  • Current Use: Agricultural, Grazing, Open Pasture
  • Development Status: Raw Land
  • Zoning Description: 2nd Unit Possible,Orchard,Agricultural/Residential,Farm/Ranch,Residential,Horses Allowed,Rezone Possible,Split Possible,Modular Homes/Trailers,Nursery
  • Irrigation: None, See Remarks
  • Lot Size Acres: 19.5400
  • Lot Size Sq Ft: 851162.00
  • Possible Use: Agricultural, Residential, Row Crops, Dairy, Single Family, Grazing, Vineyard, Livestock, See Remarks, Orchard
  • ResoLotSizeUnits: Acres

Multi Family

  • Income Includes: None

Tax Info

  • Assessor Parcel Number: 191-260-02
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2023
Closed on
Apr 6, 2023
Sold by
Alicia Family Trust
Bought by
Kuchibhotla Balasubrahmanyam and Kuchibhotla Srivalli
Seller's Agent
Henry Brooks
Realty ONE Group Zoom
Buyer's Agent
Henry Brooks
Realty ONE Group Zoom
List Price
$999,950
Sold Price
$875,000
Premium/Discount to List
-$124,950
-12.5%
Views
2
Current Estimated Value
$987,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,920
Avg. Annual Appreciation
5.06%

Purchase Details

Closed on
Oct 16, 2006
Sold by
Richland Communities Inc
Bought by
Alicia Jeffrey J and Alicia Kimberly Anne
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 Buyer Sale Price Title Company
Kuchibhotla Balasubrahmanyam $875,000 Old Republic Title
Alicia Jeffrey J -- Old Republic Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2023 04/25/23 Sold $875,000 -12.5% --
03/13/2023 03/13/23 Pending -- -- --
03/13/2023 03/13/23 For Sale $999,950 -- --
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 $11,256 $910,350 $910,350 --
2024 $2,398 $114,840 $114,840 --
2023 $1,764 $112,589 $112,589 $0
2022 $1,746 $110,382 $110,382 $0
2021 $1,732 $108,218 $108,218 $0
2020 $1,683 $107,109 $107,109 $0
2019 $1,668 $105,009 $105,009 $0
2018 $1,652 $102,950 $102,950 $0
2017 $1,636 $100,932 $100,932 $0
2016 $1,609 $98,953 $98,953 $0
2014 $1,533 $95,558 $95,558 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 223020192

MetroList

APN: 191-260-02