NOT LISTED FOR SALE

1298 Esplanade Dr Merced, CA 95348

Estimated Value: $540,000 - $596,000

6 Beds
4 Baths
2,819 Sq Ft
$202/Sq Ft Est. Value

Last Sold June 28, 2024

Last sale price $580,000 $206 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,433/month

21 Days on Market

Highlights

  • 1 Fireplace
  • Granite Countertops
  • Breakfast Area or Nook
  • Corner Lot
  • No HOA
  • Formal Dining Room

About This Home

As of June 2024

Experience the grandeur of this magnificent 6-bedroom, 4-bathroom residence nestled in the charming northeastern enclave of Merced. This splendid abode boasts an array of captivating features that are sure to enchant even the most discerning of home seekers. As you step inside, you are welcomed by the harmonious coexistence of a separate family and living room, adorned with a cozy fireplace that beckons you to unwind and savor the moments of tranquility. Entertain with grace in the expansive formal dining room, perfectly suited for hosting gatherings of elegance and sophistication. The heart of this home, the kitchen, is a culinary oasis featuring a generous island and a dedicated computer table, inviting you to embark on culinary adventures and foster creativity. Embrace the convenience of indoor laundry, simplifying your daily tasks. The expansive backyard is a canvas of possibilities, crowned by a covered patio that invites outdoor gatherings and al fresco dining under the azure skies. This space holds immense potential, offering the choice to create a warm family haven or capitalize on the opportunity to provide lodging for local college students, unlocking a myriad of possibilities. Don't miss the chance to make this remarkable property your own, where the essence of comfort

Last Agent to Sell the Property

Yan Liu

Real Estate EBroker Inc. License #01951111 Listed on: 05/09/2024

Real Estate EBroker Inc.

Last Buyer's Agent

Non-MLS Member

Non-MLS Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,945

Year Built

  • Built in 2005 | Remodeled

Lot Details

  • 7,279 Sq Ft Lot
  • Corner Lot
  • Zoning described as r-1-6

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction
  • Concrete Foundation
  • Slab Foundation
  • Tile Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 2,819 Sq Ft Home
  • 1 Fireplace
  • Family Room
  • Living Room
  • Formal Dining Room
  • Carpet

Kitchen

  • Breakfast Area or Nook
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom Upstairs
  • 4 Full Bathrooms
  • Bathtub
  • Separate Shower

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer
  • 220 Volts In Laundry

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Net Lease
  • Building Fire Alarm

Listing and Financial Details

  • Assessor Parcel Number 058-412-001-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,945

Year Built

Built in 2005 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Subtype Description: Detached
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: Yes
  • Year Built: 2005
  • Remodeled/Updated Desc: Bath 0-5YR, Kitchen 0-5YR, Bed 0-5YR, Other-Rmks 0-5YR
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Dishwasher
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Flooring: Carpet
  • Total Bathrooms: 4
  • Bathroom Features: Shower Stall(s), Tub
  • Dining Room Features: Breakfast Nook, Space in Kitchen, Formal Area
  • Kitchen Features: Breakfast Area, Granite Counter
  • Living Room Features: Other
  • Main Level: Bedroom(s), Living Room, Dining Room, Family Room, Full Bath(s), Garage, Kitchen, Street Entrance
  • Price Per Square Foot: 205.75
  • Square Footage: 2819.00

Exterior Features

  • Construction Materials: Brick, Concrete, Stucco, Wood
  • Foundation: Concrete, Slab
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 628000.00
  • Lot Features: Corner
  • New Construction: No
  • Pool: No
  • Property Condition: Updated/Remodeled
  • Roof: Tile
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking Features: Attached

Utilities

  • Security: Carbon Mon Detector, Fire Alarm, Fire Extinguisher, Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Electric, Natural Gas Available
  • Cooling: Central
  • Electric: 220 Volts in Laundry
  • Heating: Central
  • Laundry Features: Washer/Dryer Stacked Included, Inside Room
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Merced Union High

Lot Info

  • Zoning Description: r-1-6
  • Irrigation: Public District
  • Lot Size Acres: 0.1671
  • Lot Size Sq Ft: 7279.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Type: Net

Multi Family

Tax Info

  • Assessor Parcel Number: 058-412-001-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Merced

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2024
Closed on
Jun 21, 2024
Sold by
Zeng Junjie
Bought by
Puthiy Veettil Vinod Kumar and Rajani Vijayakumar
Seller's Agent
Yan Liu
Real Estate EBroker Inc.
Buyer's Agent
Non-MLS Member
Non-MLS Office
List Price
$628,000
Sold Price
$580,000
Premium/Discount to List
-$48,000
-7.64%
Total Days on Market
21
Views
70
Current Estimated Value
$569,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,659
Avg. Annual Appreciation
-1.18%
Original Mortgage
$430,125
Outstanding Balance
$425,773
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$146,376

Purchase Details

Closed on
Dec 8, 2020
Sold by
Dang Peter and Nguyen Naomi
Bought by
Zeng Junjie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,449
Interest Rate
2.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 2005
Sold by
Fahrens Park Lp
Bought by
Dang Peter and Nguyen Naomi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,330
Interest Rate
5.12%
Mortgage Type
New Conventional
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
Puthiy Veettil Vinod Kumar $580,000 Chicago Title Company
Zeng Junjie $409,500 Placer Title Company
Dang Peter $353,000 Transcounty Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Puthiy Veettil Vinod Kumar $430,125
Previous Owner Zeng Junjie $368,449
Previous Owner Dang Peter $231,000
Previous Owner Dang Peter $321,330
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2024 06/28/24 Sold $580,000 -7.6% $206 / Sq Ft
05/30/2024 05/30/24 Pending -- -- --
05/09/2024 05/09/24 For Sale $628,000 +53.2% $223 / Sq Ft
02/22/2021 02/22/21 Sold $409,888 -1.2% $145 / Sq Ft
10/05/2020 10/05/20 Pending -- -- --
03/01/2020 03/01/20 For Sale $415,000 -- $147 / Sq Ft
Source: MetroList

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 $4,945 $591,600 $122,400 $469,200
2024 $4,945 $434,443 $90,202 $344,241
2023 $4,860 $425,926 $88,434 $337,492
2022 $4,800 $417,575 $86,700 $330,875
2021 $4,638 $389,500 $85,000 $304,500
2020 $5,078 $384,000 $80,000 $304,000
2019 $5,038 $377,000 $65,000 $312,000
2018 $4,551 $358,000 $55,000 $303,000
2017 $4,648 $347,000 $45,000 $302,000
2016 $4,599 $334,000 $45,000 $289,000
2015 $4,466 $322,000 $45,000 $277,000
2014 $4,385 $316,000 $30,000 $286,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 224049414

MetroList

APN: 058-412-001