NOT LISTED FOR SALE

Covelo, CA 95428

Estimated Value: $849,000

220 Acres
$3,859 Price per Acre
9,583,200 Sq Ft Lot

Last Sold May 12, 2021

Last sale price $4,200,000

Current estimated payment $5,058/month

Highlights

  • Guest House
  • 220 Acre Lot
  • No HOA
  • Corral
  • Pasture Views
  • Electricity in Barn

About This Lot

As of May 2021

~220 Acres with abundant water supplied by 3 Ag Wells. All 3 wells are unmetered and unrestricted. Main well is 190ft deep and produces ~300 gal/min, aquifer-fed, and has infrastructure to irrigate ~170 acres. 2nd well is 60ft deep with an unmeasured output. 3rd well is 80ft deep and produces ~80 gal/min. Includes infrastructure to irrigate ~170 acres. This is a great opportunity for the right business. Diversify with several crops and/or ranch income. If you're a qualified buyer the seller would be more than happy to discuss with you the logistics and benefits of the property for cultivating specific crops (including marijuana) or cattle ranching. Nearby Covelo Airport easily accessible. Includes 2 partially enclosed barns, 1 open air barn, 2700 sqft main house, guest house, insulated 2-car garage, shop, and stables. The property is enrolled in the Williamson Act (tax savings). 8 parcels with separate parcel #'s. Land can be certified 100% organic.

Last Agent to Sell the Property

Mary Pizzimenti

PHA Realty License #01840235 Listed on: 01/06/2020

Last Buyer's Agent

Mary Pizzimenti

PHA Realty License #01840235 Listed on: 01/06/2020

Property Details

Property Type

  • Land

Lot Details

  • 220 Acre Lot
  • Property fronts a county road
  • Property is Fully Fenced
  • Corners Of The Lot Have Been Marked
  • Zoning described as Other,Livestock,Horses Allowed,Farm/Ranch,Dairy,Agricultural

Parking

  • Garage

Property Views

  • Pasture
  • Hills

Additional Homes

  • Residence on Property
  • Guest House

Farming

  • Electricity in Barn
  • Horse or Livestock Barn
  • Agricultural

Horse Facilities and Amenities

  • Farm Equipment
  • Corral
  • Water to Barn

Utilities

  • Agricultural Well Water Source
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 032-410-07-00

Community Details

Overview

  • No Home Owners Association

Recreation

  • Shop

Property Details

Property Type

Land

Lot Details

220 Acres

Listing Details

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

Interior Features

  • Other Equipment: Farm

Exterior Features

  • Other Structures: Shop, Residence, Guest Unit, Garage(s), Corral(s), Barn w/Water, Barn w/Electricity
  • Disclosures/Documents: Soils Letter
  • Fencing: Full
  • Horse Property: No
  • Listing Price: 4200000.00
  • Road Frontage: County Road
  • Topography: Trees,Level,Agricultural Leveled
  • View Description: Pasture, Hills

Utilities

  • Sewer: Septic Tank
  • Utilities: Public
  • Water Source: Agricultural Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Horse Amenities: Barn
  • Crops: Plantable,Other,Grapes,Grain
  • Current Use: Residential, Other, Livestock, Horses, Dairy, Agricultural
  • Development Status: Surveyed, Corners Marked
  • Zoning Description: Other,Livestock,Horses Allowed,Farm/Ranch,Dairy,Agricultural
  • Irrigation: Well
  • Lot Size Acres: 220.0000
  • Lot Size Sq Ft: 9583200.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Assessor Parcel Number: 032-410-07-00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 3, 2023
Sold by
Goldenghost Syracuse
Bought by
Skyroo Ag Llc
Current Estimated Value
$849,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$484,480
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$364,520

Purchase Details

Listed on
Jan 6, 2020
Closed on
May 4, 2021
Sold by
Woodside Ranch Llc
Bought by
Skyroo Ag Llc
Seller's Agent
Mary Pizzimenti
PHA Realty
Buyer's Agent
Mary Pizzimenti
PHA Realty
List Price
$4,200,000
Sold Price
$4,200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-28.13%

Purchase Details

Closed on
Apr 3, 2006
Sold by
Amann Rudolf W
Bought by
Woodside Ranch Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
6.2%
Mortgage Type
Unknown
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
Skyroo Ag Llc -- Doma Title
Goldenghost Syracuse -- Doma Title
Skyroo Ag Llc $4,200,000 Consumers Title Co Of Ca
Woodside Ranch Llc $800,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goldenghost Syracuse $500,000
Previous Owner Woodside Ranch Llc $550,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2021 05/12/21 Sold $4,200,000 0.0% --
01/06/2020 01/06/20 Pending -- -- --
01/06/2020 01/06/20 For Sale $4,200,000 -- --
Source: MetroList

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 $7,687 $668,475 $178,370 $490,105
2023 $7,687 $644,161 $165,577 $478,584
2022 $7,612 $374,317 $84,342 $289,975
2021 $4,269 $436,601 $152,311 $284,290
2020 $4,182 $363,217 $81,842 $281,375
2019 $3,971 $356,352 $80,492 $275,860
2018 $3,801 $349,620 $79,167 $270,453
2017 $3,688 $343,020 $77,869 $265,151
2016 $3,672 $336,548 $76,596 $259,952
2015 $3,450 $331,690 $75,640 $256,050
2014 $3,573 $325,446 $74,412 $251,034
Source: Public Records

Agents Affiliated with this Home

  • Mary Pizzimenti

    Seller's Agent in 2021

    Mary Pizzimenti

    PHA Realty

    (916) 390-6668

    25 Total Sales

    Mary Pizzimenti
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Source: MetroList

MLS Number: 22000205

MetroList

APN: 032-410-14-00

California Mendocino County Covelo

95428

Not Listed for Sale

Lots

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