NOT LISTED FOR SALE

1351 Luke Dr Merced, CA 95340

Estimated Value: $526,000 - $598,000

4 Beds
3 Baths
2,447 Sq Ft
$231/Sq Ft Est. Value

Last Sold September 11, 2020

Last sale price $420,000 $172 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $3,420/month

104 Days on Market

Highlights

  • 1 Fireplace
  • No HOA
  • Formal Dining Room
  • El Capitan High School Rated A-
  • Covered Patio or Porch
  • Double Pane Windows

About This Home

As of September 2020

Perfect location for a growing family. Lovely 4 bedroom 3 bath home on an over sized lot with lush landscape. Home boasts formal dining room, living room and family room with a cozy fireplace. The kitchen has ample cupboards and a breakfast bar for entertaining friends. The master suite is huge and has a sliding glass door that invites you into the spacious back yard. Large master bath has separate tub and shower and a walk in closet. This upscale area is near a neighborhood park, shopping, gym, hospital and ten minutes from UC Merced and Lake Yosemite. An enviable location for the right buyer.

Last Agent to Sell the Property

Sheila Splitt

Century 21 Select Real Estate License #01306416 Listed on: 04/14/2020

Century 21 Select Real Estate

Last Buyer's Agent

Christopher Nichols

Atlantic Realty License #01728385

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,040

Year Built

  • Built in 2003

Lot Details

  • 8,288 Sq Ft Lot
  • Back Yard Fenced
  • Zoning described as R1

Parking

  • 2 Car Garage
  • 2 Carport Spaces
  • Front Facing Garage

Home Design

  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 2,447 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Double Pane Windows
  • Living Room
  • Formal Dining Room
  • Tile Countertops
  • Laundry in unit

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Additional Features

  • Covered Patio or Porch
  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 231-101-012

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,040

Year Built

Built in 2003

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Subtype Description: Tract
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: No
  • Year Built: 2003
  • Stories: 2
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher,Free Standing Electric Oven,Microwave
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Flooring: Carpet,Laminate,Linoleum/Vinyl
  • Master Bathroom Features: Shower Stall(s),Tub,Walk-In Closet
  • Bathroom Features: Tub w/Shower Over
  • Bathrooms: 3.00
  • Dining Room Features: Formal Area
  • Kitchen Features: Tile Counter
  • Room Type: Baths Other,Dining Room,Family Room,Master Bathroom,Master Bedroom
  • Main Level: Bedroom(s),Full Bath(s)
  • Price Per Square Foot: 171.64
  • Square Footage: 2447
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Frame,Stucco
  • Disclosures/Documents: CC&Rs
  • Fencing: Back Yard
  • Foundation: Slab
  • Listing Price: 425000.00
  • Lot Features: Corner,Shape Regular
  • Patio And Porch Features: Covered Patio
  • Pool: No
  • Roof: Tile

Garage/Parking

  • Carport Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Garage Facing Front
  • Driveway/Sidewalks: Sidewalk/Curb/Gutter

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Sewer: Public Sewer
  • Utilities: All Public
  • Cooling: Ceiling Fan(s),Central
  • Heating: Central
  • Laundry Features: Inside Room
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Merced Union High

Lot Info

  • Zoning Description: R1
  • Irrigation: None
  • Lot Size Acres: 0.1903
  • Lot Size Sq Ft: 8288

Tax Info

  • Assessor Parcel Number: 231-101-012
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Merced

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2020
Closed on
Aug 28, 2020
Sold by
Pillai Prasad and Vallyathan Lekshmi
Bought by
Gomes Zachary and Gomes Kimberly
Seller's Agent
Sheila Splitt
Century 21 Select Real Estate
Buyer's Agent
Christopher Nichols
Atlantic Realty
List Price
$449,900
Sold Price
$420,000
Premium/Discount to List
-$29,900
-6.65%
Current Estimated Value
$565,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,843
Avg. Annual Appreciation
6.06%
Original Mortgage
$378,000
Outstanding Balance
$335,450
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$230,393

Purchase Details

Closed on
Jan 16, 2019
Sold by
Vallyathan Lekshmi
Bought by
Pillai Prasad and Vallyathan Lekshmi

Purchase Details

Listed on
Apr 23, 2013
Closed on
May 22, 2013
Sold by
Pillai Prasade
Bought by
Vallyathan Lekshmi
Seller's Agent
Sheila Splitt
Century 21 Select Real Estate
Buyer's Agent
Sheila Splitt
Century 21 Select Real Estate
List Price
$355,000
Sold Price
$335,500
Premium/Discount to List
-$19,500
-5.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.32%
Original Mortgage
$264,000
Interest Rate
3.41%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 23, 2013
Closed on
May 21, 2013
Sold by
Lewis Dale V and Lewis Donna M
Bought by
Vallyathan Lekshmi
Seller's Agent
Sheila Splitt
Century 21 Select Real Estate
Buyer's Agent
Sheila Splitt
Century 21 Select Real Estate
List Price
$355,000
Sold Price
$335,500
Premium/Discount to List
-$19,500
-5.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
3.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2002
Sold by
Yb Real Estate Inc
Bought by
Lewis Dale V and Lewis Donna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
5.83%
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
Gomes Zachary $420,000 First American Title Company
Pillai Prasad -- None Available
Vallyathan Lekshmi -- First American Title Company
Vallyathan Lekshmi $335,500 First American Title Company
Lewis Dale V $284,000 Transcounty Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gomes Zachary $378,000
Previous Owner Vallyathan Lekshmi $264,000
Previous Owner Lewis Dale V $195,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/11/2020 09/11/20 Sold $420,000 -1.2% $172 / Sq Ft
07/27/2020 07/27/20 Pending -- -- --
07/20/2020 07/20/20 Price Changed $425,000 -5.5% $174 / Sq Ft
04/14/2020 04/14/20 For Sale $449,900 +34.1% $184 / Sq Ft
05/28/2013 05/28/13 Sold $335,500 -5.5% $137 / Sq Ft View Prior Sale
04/24/2013 04/24/13 Pending -- -- --
04/23/2013 04/23/13 For Sale $355,000 -- $145 / 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 $5,040 $454,619 $86,593 $368,026
2024 $5,040 $445,706 $84,896 $360,810
2023 $4,992 $436,968 $83,232 $353,736
2022 $4,924 $428,400 $81,600 $346,800
2021 $4,932 $420,000 $80,000 $340,000
2020 $4,450 $377,761 $22,516 $355,245
2019 $4,400 $370,355 $22,075 $348,280
2018 $4,029 $363,094 $21,643 $341,451
2017 $4,154 $355,975 $21,219 $334,756
2016 $4,099 $348,996 $20,803 $328,193
2015 $4,021 $343,755 $20,491 $323,264
2014 $3,932 $337,022 $20,090 $316,932
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 20021597

MetroList

APN: 231-101-012