1148 -1150 Martin Luther King jr Way Merced, CA 95341
South Merced NeighborhoodEstimated Value: $911,408
--
Bed
1
Bath
8,500
Sq Ft
$107/Sq Ft
Est. Value
About This Home
This home is located at 1148 -1150 Martin Luther King jr Way, Merced, CA 95341 and is currently estimated at $911,408, approximately $107 per square foot. 1148 -1150 Martin Luther King jr Way is a home located in Merced County with nearby schools including Don Stowell Elementary School, Herbert Hoover Middle School, and Merced High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 21, 2018
Sold by
Rashid Basel and Fakhri Khetam
Bought by
Yahya Hamid
Current Estimated Value
Purchase Details
Closed on
Oct 5, 2001
Sold by
Choate James R and Choate Marie E
Bought by
Rashid Basel and Fakhri Khetam M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.84%
Mortgage Type
Seller Take Back
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Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Yahya Hamid | $550,000 | Chicago Title Company | |
Rashid Basel | $400,000 | Chicago Title Co |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Previous Owner | Rashid Basel | $275,000 |
Source: Public Records
Tax History Compared to Growth
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 | $6,581 | $625,800 | $307,211 | $318,589 |
2024 | $6,581 | $613,531 | $301,188 | $312,343 |
2023 | $6,490 | $601,502 | $295,283 | $306,219 |
2022 | $6,406 | $589,709 | $289,494 | $300,215 |
2021 | $6,392 | $578,147 | $283,818 | $294,329 |
2020 | $6,443 | $572,220 | $280,908 | $291,312 |
2019 | $6,348 | $561,000 | $275,400 | $285,600 |
2018 | $5,471 | $519,331 | $129,830 | $389,501 |
2017 | $5,678 | $509,149 | $127,285 | $381,864 |
2016 | $5,590 | $499,167 | $124,790 | $374,377 |
2015 | $5,501 | $491,670 | $122,916 | $368,754 |
2014 | $5,383 | $482,040 | $120,509 | $361,531 |
Source: Public Records
Map
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