NOT LISTED FOR SALE

1247 Panorama Point Ct Merced, CA 95340

North Merced Neighborhood

Estimated Value: $584,805 - $614,000

4 Beds
2 Baths
2,251 Sq Ft
$265/Sq Ft Est. Value

Last Sold May 20, 2019

Last sale price $410,000 $182 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $3,615/month

6 Days on Market

Highlights

  • Above Ground Spa
  • No HOA
  • Double Oven
  • Deck
  • Neighborhood Views
  • Cul-De-Sac

About This Home

As of May 2019

ONE of THE MOST Desirable Areas in NE Merced! As you enter the cul-de-sac there's a feeling of home... As you approach the home you will notice the crisp and clean landscaping and the beautifully cared for approach. The patio deck is perfect for Saturday afternoons (or any other time) to relax and enjoy the outside. The home offers tile and laminate flooring throughout with almost 2300 sqft of living space with an open floor plan, large kitchen off of the great room which is perfect for entertaining. There is also a formal dining area and a breakfast area. The back yard offers plenty of space and there is a perfect spot for a fire pit! Annnddd... the seller has watched the ball game while relaxing in the hot tub! It really doesn't get much better than that! All this and a 3 car garage! This home is just minutes away from UC Merced and shopping! All that is left is for you to move in!

Last Agent to Sell the Property

Jeff Lawry

London Properties Ltd - Merced License #01310152 Listed on: 04/12/2019

London Properties Ltd - Merced

Last Buyer's Agent

Pam Spiva

Roger Martin Properties License #01737876

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,351

Year Built

  • Built in 1997

Lot Details

  • 8,032 Sq Ft Lot
  • Cul-De-Sac
  • Property is zoned R-1-6

Parking

  • 3 Car Attached Garage

Home Design

  • Tile Roof
  • Stucco

Interior Spaces

  • 2,251 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Great Room with Fireplace
  • Dining Room
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Double Oven
  • Gas Range

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms
  • Granite Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower

Outdoor Features

  • Above Ground Spa
  • Deck
  • Patio
  • Front Porch

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 006550031000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,351

Year Built

Built in 1997

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: R-1-6
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 006550031000
  • Year Built: 1997
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2251.00 Square Feet
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Eating Area: Dining Room
  • Fireplace Features: Great Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 182.14
  • Room Type: All Bedrooms Down, Main Floor Master Bedroom
  • Spa Features: Above Ground
  • Window Features: Double Pane Windows
  • Bathroom Features: Double Sinks In Bath(s), Double Sinks In Master Bath, Granite Counters, Separate Tub And Shower

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Patio And Porch Features: Deck, Front Porch
  • Pool Private: No
  • Roof: Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Double Oven, Gas Range
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Merced City

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac
  • Lot Size Sq Ft: 8032.00
  • Lot Size Acres: 0.1844

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8032.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 11.01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2019
Closed on
May 17, 2019
Sold by
Spiva Don Philip and Spiva Pamela Marie
Bought by
Spiva Pamela M and Spiva Don P
Seller's Agent
Jeff Lawry
London Properties Ltd - Merced
Buyer's Agent
Pam Spiva
Roger Martin Properties
List Price
$399,900
Sold Price
$410,000
Premium/Discount to List
$10,100
2.53%
Current Estimated Value
$595,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,451
Avg. Annual Appreciation
6.01%
Original Mortgage
$410,000
Outstanding Balance
$359,001
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
$236,450

Purchase Details

Listed on
Apr 12, 2019
Closed on
May 7, 2019
Sold by
Boelter Spencer and Boelter Jennifer
Bought by
Spiva Don Philip and Spiva Pamela Marie
Seller's Agent
Jeff Lawry
London Properties Ltd - Merced
Buyer's Agent
Pam Spiva
Roger Martin Properties
List Price
$399,900
Sold Price
$410,000
Premium/Discount to List
$10,100
2.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Outstanding Balance
$359,001
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
$236,450

Purchase Details

Closed on
Dec 8, 2006
Sold by
Pecchenino Garth A and Pecchenino Michelle J
Bought by
Boelter Spencer and Boelter Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 29, 2005
Sold by
Pecchenino Garth A and Pecchenino Michelle J
Bought by
Pecchenino Garth A and Pecchenino Michelle J

Purchase Details

Closed on
Feb 25, 1997
Sold by
Yosemite Construction
Bought by
Pecchenino Garth A and Pecchenino Michelle J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,400
Interest Rate
8.08%
Mortgage Type
Balloon

Purchase Details

Closed on
Feb 24, 1997
Sold by
Wainwright Richard M Co and John D
Bought by
Yosemite Construction

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,400
Interest Rate
8.08%
Mortgage Type
Balloon
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
Spiva Pamela M -- Transcounty Title Company
Spiva Don Philip $410,000 Transcounty Title Company
Boelter Spencer $390,000 Transcounty Title Company
Pecchenino Garth A -- --
Pecchenino Garth A $196,000 Transcounty Title Company
Yosemite Construction $44,000 Transcounty Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spiva Don Philip $410,000
Previous Owner Boelter Spencer $312,000
Previous Owner Pecchenino Garth A $176,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2019 05/20/19 Sold $410,000 +2.5% $182 / Sq Ft
04/18/2019 04/18/19 Pending -- -- --
04/12/2019 04/12/19 For Sale $399,900 -- $178 / 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 $5,351 $503,900 $72,505 $431,395
2024 $5,351 $494,021 $71,084 $422,937
2023 $5,273 $484,336 $69,691 $414,645
2022 $5,198 $474,840 $68,325 $406,515
2021 $4,709 $422,531 $66,986 $355,545
2020 $4,742 $418,200 $66,300 $351,900
2019 $5,016 $440,500 $65,000 $375,500
2018 $4,523 $426,500 $55,000 $371,500
2017 $4,100 $365,500 $45,000 $320,500
2016 $3,946 $352,000 $45,000 $307,000
2015 $3,895 $348,000 $45,000 $303,000
2014 $3,925 $351,000 $30,000 $321,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC19081853

California Regional Multiple Listing Service (CRMLS)

APN: 006-550-031