NOT LISTED FOR SALE

1242 E Alexander Ave Unit 4 Merced, CA 95340

North Merced Neighborhood

Estimated Value: $318,000 - $372,000

3 Beds
2.5 Baths
1,776 Sq Ft
$202/mo HOA Fee

Last Sold January 30, 2015

Last sale price $110,000 $62 Per Sq Ft

Est. 219% increase in value since last sale

Current estimated payment $2,352/month

170 Days on Market

Highlights

  • Gated Community
  • End Unit
  • Breakfast Bar
  • Contemporary Architecture
  • 2 Car Attached Garage
  • Laundry Room

About This Home

As of January 2015

Nice contemporary style condominium/home in gated community with landscaped yard, living room, dining or family room and large bedrooms. Master with walk-in closet. Indoor laundry, central heating and air. Conveniently located.

Last Agent to Sell the Property

Hayley Doe

El Dorado Realty Grouip, Inc License #01252417 Listed on: 09/22/2014

El Dorado Realty Grouip, Inc

Last Buyer's Agent

Salim Farha

Realty Executives Of Northern California License #01485855

Realty Executives Of Northern California

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,875

Year Built

  • Built in 2005

Lot Details

  • End Unit
  • 1 Common Wall
  • Wood Fence
  • Brick Fence
  • Backyard Sprinklers

HOA Fees

  • $202 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,776 Sq Ft Home
  • Ceiling Fan

Kitchen

  • Breakfast Bar
  • Gas Range

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Additional Features

  • Urban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 007390004000

Community Details

Overview

  • 8 Units

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,875

Year Built

Built in 2005

Lot Details

0

HOA Fees

$202 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Description: Agent Fax
  • Other Phone Number: 18886370804
  • Property Attached: Yes
  • Security: Gated Community
  • View: No
  • Architectural Style: Contemporary
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 007390004000
  • Year Built: 2005
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1776.00
  • Interior Amenities: Ceiling Fan(s)
  • Common Walls: 1 Common Wall, End Unit
  • Flooring: Carpet, Tile, Vinyl
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar
  • Levels: Two
  • Price Per Square Foot: 61.94
  • Room Type: All Bedrooms Up

Exterior Features

  • Foundation: Slab
  • Fence: Yes
  • Fencing: Brick, Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

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

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Heating Type: Central
  • Laundry Features: Electric Dryer Hookup
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Sewer
  • Association Fee: 202.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Lot Features: Sprinklers In Rear
  • Lot Size Sq Ft: 1172.00
  • Lot Size Acres: 0.0270

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1172.0000 Square Feet
  • Number Of Units In Community: 8
  • Number Of Units Total: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 5, 2021
Sold by
42151 Wail St Llc
Bought by
Dunn Porchesia
Current Estimated Value
$350,510

Purchase Details

Closed on
Aug 30, 2019
Sold by
Blair Andrea
Bought by
42151 Wall St Llc

Purchase Details

Closed on
Aug 26, 2015
Sold by
Barase Akram and Barase Salma
Bought by
Blair Andrea

Purchase Details

Listed on
Sep 22, 2014
Closed on
Jan 22, 2015
Sold by
Wilkerson David L
Bought by
Barase Akram and Barase Salma
Seller's Agent
Hayley Doe
El Dorado Realty Grouip, Inc
Buyer's Agent
Salim Farha
Realty Executives Of Northern California
List Price
$222,000
Sold Price
$110,000
Premium/Discount to List
-$112,000
-50.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.60%

Purchase Details

Closed on
Sep 18, 2009
Sold by
Jpmorgan Chase Bank National Association
Bought by
Wilkerson David L

Purchase Details

Closed on
Jan 14, 2009
Sold by
Lai Denise C and Johnson Lai Teresa
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Sep 27, 2005
Sold by
Western Ag Realty Inc
Bought by
Lai Denise C and Johnson Lai Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,130
Interest Rate
5.88%
Mortgage Type
Negative Amortization
Source: Public Records

Range of Values:

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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
Dunn Porchesia $321,000 Transcounty Title Company
42151 Wall St Llc $180,000 Transcounty Title Company
Blair Andrea $145,000 Transcounty Title Company
Barase Akram $110,000 Fidelity National Title Co
Wilkerson David L $71,000 Fidelity Natl Title Co Of Ca
Jpmorgan Chase Bank National Association $140,000 None Available
Lai Denise C $266,000 Transcounty Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lai Denise C $186,130
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2015 01/30/15 Sold $110,000 -7.6% $62 / Sq Ft
01/18/2015 01/18/15 Pending -- -- --
12/07/2014 12/07/14 Price Changed $119,000 -7.8% $67 / Sq Ft
12/01/2014 12/01/14 Price Changed $129,000 -7.2% $73 / Sq Ft
10/09/2014 10/09/14 Price Changed $139,000 -30.2% $78 / Sq Ft
08/29/2014 08/29/14 Price Changed $199,000 -10.4% $112 / Sq Ft
08/01/2014 08/01/14 For Sale $222,000 -- $125 / 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 $2,875 $340,647 $47,754 $292,893
2024 $2,875 $275,000 $65,000 $210,000
2023 $3,455 $327,420 $45,900 $281,520
2022 $3,408 $321,000 $45,000 $276,000
2021 $2,014 $181,864 $35,362 $146,502
2020 $2,029 $180,000 $35,000 $145,000
2019 $1,745 $153,874 $26,530 $127,344
2018 $1,591 $150,858 $26,010 $124,848
2017 $1,652 $147,900 $25,500 $122,400
2016 $1,626 $145,000 $25,000 $120,000
2015 $852 $75,714 $16,108 $59,606
2014 $834 $74,232 $15,793 $58,439
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC14164462

California Regional Multiple Listing Service (CRMLS)

APN: 007-390-004