NOT LISTED FOR SALE

125 Merced St Fresno, CA 93706

Edison Neighborhood

Estimated Value: $288,000 - $373,000

3 Beds
2 Baths
1,473 Sq Ft
$221/Sq Ft Est. Value

Last Sold July 07, 2015

Last sale price $130,000 $88 Per Sq Ft

Est. 150% increase in value since last sale

Current estimated payment $1,928/month

83 Days on Market

Highlights

  • RV or Boat Parking
  • Ranch Style House
  • Corner Lot
  • Edison High School Rated A-
  • 2 Fireplaces
  • Great Room

About This Home

As of July 2015

A rare find in Southwest Fresno. This ranch style home is set along a Pine tree lined street on a corner lot. A feature not found in most neighborhoods are the small corner parks placed along Merced St. which the city maintains. The house has new carpet, new appliances, new paint, new bathrooms including a new tile shower in the main bath, the heating /cooling system is new. New hickory laminate flooring was installed in the high traffic areas. In the backyard a new 6 ft. redwood fence has been constructed along side the existing RV gate to allow vehicle storage.

Last Agent to Sell the Property

Jeffery McKinney

Cypress Point Realty, Inc. License #01928204 Listed on: 02/10/2015

Last Buyer's Agent

Mark Chu

HomeSmart PV and Associates License #01827763

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,937

Year Built

  • Built in 1963

Lot Details

  • 0.26 Acre Lot
  • Mature Landscaping
  • Corner Lot
  • Front Yard Sprinklers

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,473 Sq Ft Home
  • 2 Fireplaces
  • Fireplace Features Masonry
  • Great Room
  • Family Room
  • Carpet

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in Garage
  • Electric Dryer Hookup

Parking

  • Automatic Garage Door Opener
  • RV or Boat Parking

Additional Features

  • Covered Patio or Porch
  • Central Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,937

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Ranch
  • Price Per Square Foot: 88.26
  • Year Built Exception: 0
  • Number Of Stories: Single Story
  • Special Features: None
  • Stories: 1
  • Year Built: 1963

Interior Features

  • Fireplace Type: Masonry
  • Number Of Fireplaces: 2
  • Flooring: Carpet, Other
  • Bathrooms: 2.00
  • Bedrooms: 3
  • Bathroom Features: Tub/Shower
  • Dining Room Features: Family Room/Area
  • Kitchen: F/S Range/Oven, Electric Appliances, Dishwasher, Eating Area
  • Laundry: In Garage, Electric Hook Up
  • Extra Rooms: Great Room, Family Room
  • Square Footage: 1473.00

Exterior Features

  • Yard: Sprinklers Front, Mature Landscape
  • Roofing: Composition
  • Exterior: Stucco, Brick
  • Foundation: Both
  • Patio: Covered, Concrete
  • Pool: No

Garage/Parking

  • Parking Features: Existing RV Parking, Auto Opener

Utilities

  • Heating And Cooling: Central Heat & Cool
  • Gas And Electric: Public Utilities
  • Sewer/Water: Public Water, Public Sewer

Condo/Co-op/Association

  • Association: Fresno MLS

Association/Amenities

  • Site Amenities: Corner

Lot Info

  • Acres: 0.2571
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 11200.00
  • Price Per Acre: 505639.83

Building Info

  • Year Built: 1963

MLS Schools

  • School District 2: Fresno Unified
  • School Type: High School
  • School Name: Edison
  • School Type: Junior High School
  • School Name: Tioga
  • School Type: Grade School
  • School Name: Winchell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 3, 2015
Sold by
Hirakinn Llc
Bought by
Hernandez Martha Venegas
Current Estimated Value
$324,841

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,645
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 12, 2014
Sold by
Mckinney Jeffery
Bought by
Hirakinn Llc

Purchase Details

Closed on
Oct 9, 2014
Sold by
Wells Deelisa Jo
Bought by
Mckinney Jeffery

Purchase Details

Listed on
Oct 26, 2013
Closed on
Dec 26, 2013
Sold by
Grant Annie
Bought by
Grant Eddie and Grant Eddie Lee
Seller's Agent
Gary Lundin
CMT Properties, Inc.
Buyer's Agent
Jeffery McKinney
Cypress Point Realty, Inc.
List Price
$70,000
Sold Price
$70,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.44%

Purchase Details

Listed on
Oct 26, 2013
Closed on
Nov 18, 2013
Sold by
Grant Darryl
Bought by
Mckinney Jeffery
Seller's Agent
Gary Lundin
CMT Properties, Inc.
Buyer's Agent
Jeffery McKinney
Cypress Point Realty, Inc.
List Price
$70,000
Sold Price
$70,000

Purchase Details

Closed on
Apr 16, 2012
Sold by
Grant Raymond Erik
Bought by
Grant Annie

Purchase Details

Closed on
Aug 29, 2008
Sold by
Grant Eddie
Bought by
Grant Raymond Erik
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
Hernandez Martha Venegas $130,000 First American Title Company
Hirakinn Llc -- First Am Title Co
Mckinney Jeffery -- First American Title
Grant Eddie -- First American Title Company
Mckinney Jeffery $70,000 First American Title Company
Grant Annie -- None Available
Grant Raymond Erik -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Martha Venegas $17,073
Previous Owner Hernandez Martha Venegas $127,645
Previous Owner Grant Eddie $6,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2015 07/07/15 Sold $130,000 0.0% $88 / Sq Ft
05/04/2015 05/04/15 Pending -- -- --
02/10/2015 02/10/15 For Sale $130,000 +85.7% $88 / Sq Ft
01/17/2014 01/17/14 Sold $70,000 0.0% $48 / Sq Ft
10/31/2013 10/31/13 Pending -- -- --
10/26/2013 10/26/13 For Sale $70,000 -- $48 / Sq Ft
Source: Fresno MLS

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 $1,937 $153,888 $23,674 $130,214
2023 $1,901 $147,913 $22,755 $125,158
2022 $1,875 $145,013 $22,309 $122,704
2021 $1,824 $142,171 $21,872 $120,299
2020 $1,816 $140,714 $21,648 $119,066
2019 $1,746 $137,956 $21,224 $116,732
2018 $1,709 $135,252 $20,808 $114,444
2017 $1,679 $132,600 $20,400 $112,200
2016 $1,624 $130,000 $20,000 $110,000
2015 $886 $70,000 $20,000 $50,000
2014 -- $105,603 $13,764 $91,839
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    Jeffery McKinney

    Cypress Point Realty, Inc.

    (559) 265-2354

    10 Total Sales

    Jeffery McKinney
    Section Image

  • M

    Buyer's Agent in 2015

    Mark Chu

    HomeSmart PV and Associates

    Mark Chu
    Section Image
  • Gary Lundin

    Seller's Agent in 2014

    Gary Lundin

    CMT Properties, Inc.

    (559) 284-6075

    50 Total Sales

    Gary Lundin
    Section Image
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Map

Source: Fresno MLS

MLS Number: 439432

Fresno MLS

APN: 467-281-12

California Fresno County Fresno 93706 Edison

125 Merced St, Fresno, CA

This home is located at 125 Merced St, Fresno, CA 93706 since 10 February 2015 and is currently estimated at $324,841, approximately $220 per square foot. This property was built in 1963. 125 Merced St is a home located in Fresno County with nearby schools including King Elementary School, Rutherford B. Gaston Sr. Middle, and Edison High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Fresno MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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