NOT LISTED FOR SALE

1029 E Olive Ave Merced, CA 95340

North Merced Neighborhood

Estimated Value: $416,000 - $434,000

4 Beds
2 Baths
1,735 Sq Ft
$245/Sq Ft Est. Value

Last Sold August 26, 2021

Last sale price $390,000 $225 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,582/month

4 Days on Market

Highlights

  • Gunite Pool
  • Neighborhood Views
  • Living Room
  • No HOA
  • 2 Car Attached Garage
  • Laundry Room

About This Home

As of August 2021

North Merced home with an open floor plan. Newly updated kitchen with a covered patio and a pool perfect for entertaining.

Last Agent to Sell the Property

Norma Lopez

Keller Williams Property Team License #01936425 Listed on: 07/08/2021

Keller Williams Property Team

Last Buyer's Agent

Antonio Nieto

Atlantic Realty License #02127856

Atlantic Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1961

Lot Details

  • 8,276 Sq Ft Lot
  • Back Yard
  • Property is zoned R-1-6

Parking

  • 2 Car Attached Garage
  • Parking Available

Interior Spaces

  • 1,735 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Living Room
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms
  • Walk-in Shower

Outdoor Features

  • Gunite Pool
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 13 / D
  • Assessor Parcel Number 006141004000

Home Details

Home Type

Single Family

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: R-1-6
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 006141004000
  • Year Built: 1961
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1735.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 224.78
  • Room Type: Kitchen, Living Room
  • Bathroom Features: Shower

Exterior Features

  • View: Neighborhood
  • Pool Features: Private, Gunite
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 8276.00
  • Lot Size Acres: 0.1900

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8276.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: D
  • Tax Census Tract: 11.01
  • Tax Lot: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2021
Closed on
Jul 29, 2021
Sold by
Martinez Noel J and Martinez Alison N
Bought by
Dealba Cesar and De Alba Ana
Seller's Agent
Norma Lopez
Keller Williams Property Team
Buyer's Agent
Antonio Nieto
Atlantic Realty
List Price
$380,000
Sold Price
$390,000
Premium/Discount to List
$10,000
2.63%
Current Estimated Value
$424,746

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,746
Avg. Annual Appreciation
2.01%
Original Mortgage
$370,500
Outstanding Balance
$336,392
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$88,354

Purchase Details

Listed on
Apr 15, 2016
Closed on
May 12, 2016
Sold by
Meiero Oscar David
Bought by
Martinez Noel J and Martinez Alison N
Seller's Agent
Scott A Oliver
Concierge Real Estate Services
Buyer's Agent
Norma Lopez
Keller Williams Property Team
List Price
$224,500
Sold Price
$225,000
Premium/Discount to List
$500
0.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.20%
Original Mortgage
$220,924
Interest Rate
3.57%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 5, 2008
Sold by
Melero Rebecca M
Bought by
Melero Oscar David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,947
Interest Rate
6.47%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 30, 2008
Sold by
Consumer Solutions Reo Llc
Bought by
Melero Oscar David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,947
Interest Rate
6.47%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 20, 2007
Sold by
Saxon Mortgage Services Inc
Bought by
Consumer Solutions Reo Llc

Purchase Details

Closed on
Sep 26, 2007
Sold by
Cooper Larry E and Cooper Myra
Bought by
Saxon Mortgage Services Inc

Purchase Details

Closed on
Jun 29, 2006
Sold by
Cooper Larry E and Cooper Myra
Bought by
Cooper Larry E and Cooper Myra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
8.4%
Mortgage Type
Balloon

Purchase Details

Closed on
May 21, 1999
Sold by
Black Alan R and Black Teresa R
Bought by
Cooper Larry and Cooper Myra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,540
Interest Rate
7.05%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Dealba Cesar $390,000 Transcounty Title Company
Martinez Noel J $225,000 First American Title Company
Melero Oscar David -- Transcounty Title Company
Melero Oscar David $150,000 Transcounty Title Company
Consumer Solutions Reo Llc -- First American Title
Saxon Mortgage Services Inc $178,500 None Available
Cooper Larry E -- Financial Title Company La
Cooper Larry $122,500 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dealba Cesar $370,500
Previous Owner Martinez Noel J $220,924
Previous Owner Melero Oscar David $147,947
Previous Owner Cooper Larry E $340,000
Previous Owner Cooper Larry $121,540
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/26/2021 08/26/21 Sold $390,000 +2.6% $225 / Sq Ft
07/12/2021 07/12/21 Pending -- -- --
07/08/2021 07/08/21 For Sale $380,000 +68.9% $219 / Sq Ft
06/24/2016 06/24/16 Sold $225,000 +0.2% $130 / Sq Ft View Prior Sale
04/20/2016 04/20/16 Pending -- -- --
04/15/2016 04/15/16 For Sale $224,500 -- $129 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $4,272 $413,870 $90,202 $323,668
2024 $4,272 $405,756 $88,434 $317,322
2023 $4,212 $397,800 $86,700 $311,100
2022 $4,155 $390,000 $85,000 $305,000
2021 $2,722 $246,068 $49,213 $196,855
2020 $2,742 $243,546 $48,709 $194,837
2019 $2,702 $238,771 $47,754 $191,017
2018 $2,465 $234,090 $46,818 $187,272
2017 $2,508 $225,000 $45,000 $180,000
2016 $1,749 $163,059 $65,267 $97,792
2015 $1,720 $160,611 $64,287 $96,324
2014 $1,682 $157,466 $63,028 $94,438
Source: Public Records

Agents Affiliated with this Home

  • Norma Lopez

    Seller's Agent in 2021

    Norma Lopez

    Keller Williams Property Team

    (209) 277-0193

    4 in this area

    12 Total Sales

    Norma Lopez
    Section Image

  • A

    Buyer's Agent in 2021

    Antonio Nieto

    Atlantic Realty

    Section Image
  • Scott A Oliver

    Seller's Agent in 2016

    Scott A Oliver

    Concierge Real Estate Services

    (209) 354-4255

    28 in this area

    83 Total Sales

    Scott A Oliver
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC21147059

California Regional Multiple Listing Service (CRMLS)

APN: 006-141-004

California Merced County Merced 95340 North Merced

1029 E Olive Ave, Merced, CA

Not Listed for Sale

Detached

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