NOT LISTED FOR SALE

Los Banos, CA 93635

Estimated Value: $924,456

158 Acres
$5,851 Price per Acre
6,882,480 Sq Ft Lot

Last Sold February 11, 2021

Last sale price $750,000

Est. 23% increase in value since last sale

Current estimated payment $5,601/month

7 Days on Market

Highlights

  • 158 Acre Lot
  • Shed
  • Grass Covered Lot
  • No HOA
  • Partially Fenced Property

About This Lot

As of February 2021

This is rolling terrain within the San Luis Water District. A portion was planted to trees that have ended their useful life. A gravel quarry not in operation, exists that was quite profitable at one time. Seller says there is significant processed material on site, an estimate of three million tons remaining.

Last Agent to Sell the Property

Thomas Kaljian

T. Kaljian Real Estate License #00528796 Listed on: 09/04/2020

Last Buyer's Agent

Jarrett Sagouspe

T. Kaljian Real Estate License #01731872

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,143

Lot Details

  • 158 Acre Lot
  • Partially Fenced Property
  • Grass Covered Lot
  • Possible uses of the property include Agricultural,Industrial
  • Property is zoned A1, Agricultural,Industrial

Listing and Financial Details

  • Assessor Parcel Number 088-070-074

Community Details

Overview

  • No Home Owners Association

Recreation

  • Shed

Property Details

Property Type

Land

Est. Annual Taxes

$9,143

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Subtype 1: Industrial
  • Primary Residence: None
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Other Equipment: None

Exterior Features

  • Other Structures: Shed
  • Disclosures/Documents: Mineral Rights Included,Quarry on Site,See Remarks
  • Fencing: Partial
  • Horse Property: No
  • Listing Price: 750000.00
  • Lot Features: Shape Irregular,See Remarks
  • Road Frontage: Easement,Freeway Exposure
  • Road Surface Type: Gravel
  • Additional Living Units: No

Utilities

  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Los Banos Unified

Lot Info

  • Zoning: A1
  • Crops: None
  • Current Use: Agricultural
  • Development Status: Farm Land,See Remarks
  • Zoning Description: Agricultural,Industrial
  • Irrigation: District
  • Lot Size Acres: 158.0000
  • Lot Size Sq Ft: 6882480
  • Possible Use: Agricultural,Industrial

Multi Family

  • Income Includes: None

Tax Info

  • Assessor Parcel Number: 088-070-074
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Merced

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2020
Closed on
Jan 21, 2021
Sold by
Hansen Cynthia A and Hansen Living Trust
Bought by
Creekside Aggregate Llc
Seller's Agent
Thomas Kaljian
T. Kaljian Real Estate
Buyer's Agent
Jarrett Sagouspe
T. Kaljian Real Estate
List Price
$750,000
Sold Price
$750,000
Current Estimated Value
$924,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,456
Avg. Annual Appreciation
4.54%
Original Mortgage
$600,000
Outstanding Balance
$534,461
Interest Rate
2.6%
Mortgage Type
Commercial
Estimated Equity
$389,995

Purchase Details

Closed on
Feb 25, 2005
Sold by
Hansen Cynthia A
Bought by
Hansen Cynthia A
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
Creekside Aggregate Llc $750,000 Fidelity National Title Co
Hansen Mark -- Fidelity National Title Co
Kittower Kareen Denise -- Fidelity National Title Co
Hansen Cynthia A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Creekside Aggregate Llc $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/11/2021 02/11/21 Sold $750,000 0.0% --
09/11/2020 09/11/20 Pending -- -- --
09/04/2020 09/04/20 For Sale $750,000 -- --
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 $9,143 $828,822 $773,938 $54,884
2024 $9,143 $812,905 $758,763 $54,142
2023 $8,454 $780,300 $743,886 $36,414
2022 $8,335 $765,000 $729,300 $35,700
2021 $10,511 $954,993 $767,508 $187,485
2020 $10,403 $945,203 $759,639 $185,564
2019 $10,217 $926,672 $744,745 $181,927
2018 $9,923 $908,504 $730,143 $178,361
2017 $9,806 $890,689 $715,827 $174,862
2016 $9,920 $873,226 $701,792 $171,434
2015 $9,713 $860,110 $691,251 $168,859
2014 $9,444 $842,889 $677,711 $165,178
Source: Public Records

Agents Affiliated with this Home

  • Thomas Kaljian

    Seller's Agent in 2021

    Thomas Kaljian

    T. Kaljian Real Estate

    (209) 826-8864

    24 Total Sales

    Thomas Kaljian
    Section Image
  • Jarrett Sagouspe

    Buyer's Agent in 2021

    Jarrett Sagouspe

    T. Kaljian Real Estate

    (209) 769-7562

    26 Total Sales

    Jarrett Sagouspe
    Section Image
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Source: MetroList

MLS Number: 20053077

MetroList

APN: 088-070-074

California Merced County Los Banos

93635

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