NOT LISTED FOR SALE

1285 Lucerne Ave Gustine, CA 95322

Estimated Value: $482,000 - $520,000

3 Beds
2 Baths
2,443 Sq Ft
$207/Sq Ft Est. Value

About This Home

This home is located at 1285 Lucerne Ave, Gustine, CA 95322 and is currently estimated at $505,284, approximately $206 per square foot. 1285 Lucerne Ave is a home located in Merced County with nearby schools including Gustine Elementary School, Gustine Middle School, and Gustine High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2024
Sold by
Richard And Rebecca Rasmussen 2021 Trust
Bought by
Rasmussen Ethan and Rasmussen Christine
Current Estimated Value
$505,284

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,903
Outstanding Balance
$149,069
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$356,215

Purchase Details

Closed on
Apr 7, 2021
Sold by
Rasmussen Richard and Rasmussen Rebecca
Bought by
Rasmussen Richard and Rasmussen Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 6, 2021
Sold by
Rasmussen Richard
Bought by
Rasmussen Richard and Rasmussen Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 11, 2002
Sold by
Rasmussen Rebecca
Bought by
Rasmussen Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
6.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 4, 2002
Sold by
Bank One
Bought by
Rasmussen Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
6.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 18, 2002
Sold by
Osborn Curtis
Bought by
Bank One National Assn

Purchase Details

Closed on
Apr 17, 2000
Sold by
Mello Antone L and Mello Sandra A
Bought by
Osborn Curtis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
9.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 9, 1998
Sold by
Mello Antone L and Mello Sandra A
Bought by
Mello Antone L and Mello Sandra A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,973
Interest Rate
7.02%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Rasmussen Ethan $450,000 None Listed On Document
Rasmussen Richard -- None Available
Rasmussen Richard -- None Available
Rasmussen Richard -- Transcounty Title Company
Rasmussen Richard $240,000 Transcounty Title Company
Bank One National Assn $202,500 Title Court Services Inc
Osborn Curtis $255,000 Chicago Title Co
Mello Antone L -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rasmussen Ethan $151,903
Previous Owner Rasmussen Richard $262,500
Previous Owner Rasmussen Richard $192,000
Previous Owner Osborn Curtis $204,000
Previous Owner Mello Antone L $123,973
Closed Osborn Curtis $50,000
Closed Rasmussen Richard $24,000
Source: Public Records

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 $3,718 $459,000 $96,900 $362,100
2024 $3,718 $340,762 $99,384 $241,378
2023 $3,633 $334,082 $97,436 $236,646
2022 $3,569 $327,532 $95,526 $232,006
2021 $3,447 $321,110 $93,653 $227,457
2020 $3,411 $317,818 $92,693 $225,125
2019 $3,350 $311,587 $90,876 $220,711
2018 $3,277 $305,479 $89,095 $216,384
2017 $3,320 $299,491 $87,349 $212,142
2016 $3,187 $293,620 $85,637 $207,983
2015 $2,486 $240,000 $30,000 $210,000
2014 $2,071 $200,000 $30,000 $170,000
Source: Public Records

Map

California Merced County Gustine 95322

1285 Lucerne Ave, Gustine, CA

Not Listed for Sale

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