NOT LISTED FOR SALE

1362 Riverside Ct Merced, CA 95348

Estimated Value: $464,348 - $512,000

5 Beds
3 Baths
2,390 Sq Ft
$206/Sq Ft Est. Value

Last Sold January 12, 2017

Last sale price $303,000 $127 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $2,975/month

8 Days on Market

Highlights

  • Primary Bedroom Suite
  • No HOA
  • Central Heating and Cooling System
  • Property is near park
  • Neighborhood Views
  • Back Yard

About This Home

As of January 2017

Beautiful 5 bedroom home for your family adjacent to Merino Park! Glass mosaic tile backsplash throughout this chefs kitchen with a custom cooker range hood, tile flooring and counters with pendant lighting over the island. Newly remodeled downstairs bath with a vessel style sink and custom lighting. Four bedrooms are upstairs including the laundry room with added cabinets for additional storage. The master suite offers double sinks and an enormous walk in closet. Additional features include: a leased Solar system, Touchpad alarm with video features and glass break sensors, and a front door keypad.

Last Agent to Sell the Property

Jacob Morgner

Tinetti Realty Group License #01882378 Listed on: 11/28/2016

Last Buyer's Agent

Rachelle Santos

Soldavi Inc. License #01392153

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • 5,249 Sq Ft Lot
  • Back Yard

Parking

  • 2 Car Garage

Interior Spaces

  • 2,390 Sq Ft Home
  • Family Room with Fireplace
  • Neighborhood Views

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • 3 Full Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Additional Features

  • Property is near park
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 206151042000

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 206151042000
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2390.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 5
  • Price Per Square Foot: 126.78
  • Room Type: All Bedrooms Up, Master Suite

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Heating Type: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Gutters, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Park Nearby
  • Lot Size Sq Ft: 5249.00

Multi Family

  • Lease Considered: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 19, 2022
Sold by
Rao Korlipara Lokeswara and Rao Sandhya
Bought by
Korlipara Family 2014 Revocable Trust
Current Estimated Value
$492,837

Purchase Details

Closed on
May 12, 2022
Sold by
Korlipara Lokeswara Rao and Korlipara Sandhya
Bought by
Korlipara Family 2014 Revocable Trust and Korlipara

Purchase Details

Listed on
Nov 28, 2016
Closed on
Jan 9, 2017
Sold by
Matsuo Robert D
Bought by
Matsuo Kodi
Seller's Agent
Jacob Morgner
Tinetti Realty Group
Buyer's Agent
Rachelle Santos
Soldavi Inc.
List Price
$299,000
Sold Price
$303,000
Premium/Discount to List
$4,000
1.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.58%
Original Mortgage
$227,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 28, 2016
Closed on
Dec 28, 2016
Sold by
Matsuo Kodi and Garcia Kodi
Bought by
Korlipara Lokeswara R and Korlipara Sandhya
Seller's Agent
Jacob Morgner
Tinetti Realty Group
Buyer's Agent
Rachelle Santos
Soldavi Inc.
List Price
$299,000
Sold Price
$303,000
Premium/Discount to List
$4,000
1.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2011
Sold by
Garcia Kodi
Bought by
Garcia Kodi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,563
Interest Rate
3.56%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 29, 2009
Sold by
Garcia Daniel
Bought by
Garcia Kodi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,757
Interest Rate
4.88%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 15, 2009
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Garcia Kodi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,757
Interest Rate
4.88%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 17, 2009
Sold by
Bautista Celia A
Bought by
Federal Home Loan Mortgage Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,757
Interest Rate
4.88%
Mortgage Type
FHA

Purchase Details

Closed on
May 5, 2006
Sold by
Morrison Homes Inc
Bought by
Bautista Celia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,350
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Korlipara Family 2014 Revocable Trust -- Li Yong
Korlipara Family 2014 Revocable Trust -- Li Yong
Matsuo Kodi -- First American Title Company
Korlipara Lokeswara R $303,000 First American Title Company
Garcia Kodi -- California Title Company
Garcia Kodi -- Ticor Title Redlands
Garcia Kodi $179,000 Ticor Title Redlands
Federal Home Loan Mortgage Corporation $103,464 Accommodation
Bautista Celia A $438,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Korlipara Lokeswara R $227,000
Previous Owner Garcia Kodi $172,563
Previous Owner Garcia Kodi $175,757
Previous Owner Bautista Celia A $350,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/12/2017 01/12/17 Sold $303,000 +1.3% $127 / Sq Ft
12/06/2016 12/06/16 Pending -- -- --
11/28/2016 11/28/16 For Sale $299,000 -- $125 / 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 $4,814 $351,651 $52,222 $299,429
2024 $4,814 $344,757 $51,199 $293,558
2023 $4,729 $337,998 $50,196 $287,802
2022 $4,627 $331,371 $49,212 $282,159
2021 $4,547 $324,875 $48,248 $276,627
2020 $4,557 $321,545 $47,754 $273,791
2019 $4,483 $315,241 $46,818 $268,423
2018 $4,149 $309,060 $45,900 $263,160
2017 $3,013 $199,079 $27,801 $171,278
2016 $2,953 $195,176 $27,256 $167,920
2015 $2,903 $192,245 $26,847 $165,398
2014 $2,849 $188,481 $26,322 $162,159
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC16753512

California Regional Multiple Listing Service (CRMLS)

APN: 206-151-042