NOT LISTED FOR SALE

1287 Panorama Point Ct Merced, CA 95340

North Merced Neighborhood

Estimated Value: $513,366 - $639,000

4 Beds
2 Baths
2,242 Sq Ft
$263/Sq Ft Est. Value

Last Sold July 21, 2017

Last sale price $390,000 $174 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $3,538/month

39 Days on Market

Highlights

  • Primary Bedroom Suite
  • Neighborhood Views
  • 3 Car Attached Garage
  • No HOA
  • Cul-De-Sac
  • Double Pane Windows

About This Home

As of July 2017

Lovely home in well established north Merced neighborhood. 4 spacious bedrooms with 2 well appointed baths. Living room and family room with brick fireplace. Home is immaculate and very well maintained on a large cul-de-sac lot. Room for a pool and all your toys in the spacious 3 car garage. Tile counters, marble floors, jetted tub in master bath and so much more. Floor plan features formal dining area, breakfast nook in kitchen as well as counter seating in kitchen. A wonderful home for entertaining or for an active family.

Last Agent to Sell the Property

Melinda Price

London Properties Ltd - Merced License #01116263 Listed on: 04/26/2017

London Properties Ltd - Merced

Co-Listed By

Jerry Price

London Properties Ltd - Merced License #01244564

Last Buyer's Agent

Salvador Garcia

London Properties Ltd - Merced License #01744726

London Properties Ltd - Merced

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,795

Year Built

  • Built in 1997

Lot Details

  • 9,000 Sq Ft Lot
  • Cul-De-Sac
  • Sprinkler System

Parking

  • 3 Car Attached Garage

Home Design

  • Tile Roof

Interior Spaces

  • 2,242 Sq Ft Home
  • Double Pane Windows
  • Custom Window Coverings
  • Formal Entry
  • Family Room with Fireplace
  • Living Room
  • Neighborhood Views
  • Tile Countertops
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms

Additional Features

  • Rain Gutters
  • Suburban Location
  • Central Air

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 006550024

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,795

Year Built

Built in 1997

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 006550024
  • Year Built: 1997
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2242.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 173.95
  • Room Type: Family Room, Formal Entry, Laundry, Living Room, Master Suite, Walk-In Closet
  • Window Features: Custom Covering, Double Pane Windows
  • Room Kitchen Features: Tile Counters

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Roof: Tile

Garage/Parking

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

Utilities

  • Laundry: Yes
  • 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: Curbs, Gutters, Sidewalks, Suburban

Schools

  • School District: Merced Union

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac, Lot 6500-9999, Sprinkler System
  • Lot Size Sq Ft: 9000.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2019
Sold by
Nuthalapati Lavan Kumar
Bought by
Nuthalapati Lavan Kumar and Nuthalapati Natasha
Current Estimated Value
$589,592

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,275
Outstanding Balance
$237,741
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$351,851

Purchase Details

Listed on
Apr 26, 2017
Closed on
Jul 21, 2017
Sold by
Nuthalapati Natasha B
Bought by
Nuthalapati Lavan Kumar
Seller's Agent
Melinda Price
London Properties Ltd - Merced
Buyer's Agent
Salvador Garcia
London Properties Ltd - Merced
List Price
$389,900
Sold Price
$390,000
Premium/Discount to List
$100
0.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.16%
Original Mortgage
$370,405
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 26, 2017
Closed on
Jul 13, 2017
Sold by
Lama Jule Biesiada and Lama Gwaha T
Bought by
Nuthaiapati Lavan Kumar
Seller's Agent
Melinda Price
London Properties Ltd - Merced
Buyer's Agent
Salvador Garcia
London Properties Ltd - Merced
List Price
$389,900
Sold Price
$390,000
Premium/Discount to List
$100
0.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,405
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2010
Sold by
Yang Bo Syung and Yang Chen Kun Chih
Bought by
Lama Jule Biesiada and Lama Gwaha T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,453
Interest Rate
5.37%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 25, 2009
Sold by
Yang Bo Syung and Yang Chen Kun Chih
Bought by
Yang Bo Syung and Yang Chen Kun Chih

Purchase Details

Closed on
Aug 4, 2004
Sold by
Jenkin Barry R and Jenkin Diane A
Bought by
Yang Bo Syung and Yang Chen Kun Chih

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 13, 2001
Sold by
Jenkin Barry R
Bought by
Jenkin Barry R and Jenkin Diane A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
7.06%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 31, 1997
Sold by
Yosemite Construction
Bought by
Jenkin Barry R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,800
Interest Rate
7.3%
Source: Public Records

Range of Values:

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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
Nuthalapati Lavan Kumar -- Amrock Title California Inc
Nuthalapati Lavan Kumar -- First American Title Company
Nuthaiapati Lavan Kumar $390,000 First American Title Company
Lama Jule Biesiada $251,000 Transcounty Title Company
Yang Bo Syung -- None Available
Yang Bo Syung $415,000 Transcounty Title Company
Jenkin Barry R -- --
Jenkin Barry R $183,500 Transcounty Title Company
Yosemite Construction $45,500 Transcounty Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nuthalapati Lavan Kumar $364,275
Closed Nuthalapati Lavan Kumar $370,405
Previous Owner Lama Jule Biesiada $246,453
Previous Owner Yang Bo Syung $311,000
Previous Owner Jenkin Barry R $40,000
Previous Owner Jenkin Barry R $146,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/21/2017 07/21/17 Sold $390,000 0.0% $174 / Sq Ft
06/04/2017 06/04/17 Pending -- -- --
04/26/2017 04/26/17 For Sale $389,900 -- $174 / 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 $4,795 $443,634 $51,200 $392,434
2024 $4,795 $434,937 $50,197 $384,740
2023 $4,726 $426,410 $49,213 $377,197
2022 $4,584 $418,050 $48,249 $369,801
2021 $4,570 $409,853 $47,303 $362,550
2020 $4,601 $405,651 $46,818 $358,833
2019 $4,533 $397,698 $45,900 $351,798
2018 $4,139 $389,900 $45,000 $344,900
2017 $3,218 $279,160 $12,231 $266,929
2016 $3,150 $273,688 $11,992 $261,696
2015 $3,099 $269,578 $11,812 $257,766
2014 $3,038 $264,298 $11,581 $252,717
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC17090874

California Regional Multiple Listing Service (CRMLS)

APN: 006-550-024