NOT LISTED FOR SALE

1378 E Olive Ave Merced, CA 95340

North Merced Neighborhood

Estimated Value: $366,000 - $453,000

4 Beds
2.5 Baths
2,227 Sq Ft
$191/Sq Ft Est. Value

Last Sold August 24, 2018

Last sale price $310,000 $139 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,483/month

105 Days on Market

Highlights

  • Private Pool
  • No HOA
  • Bathtub
  • Corner Lot
  • 1 Car Attached Garage
  • Central Heating

About This Home

As of August 2018

NEED SPACE? Space for everything & everyone! Country style eat in kitchen w/ double ovens. Large dining & living room w/ laminate flooring and brick fireplace. Bonus room off of livingroom, perfect for hobby room, or pool table. Ceiling fans thru-out. Huge Corner lot with in ground pool, two sheds, double gates for additional parking! Newer HVAC, whole house fan, plus dual pane windows! Great location near schools & shopping! Could make a wonderful UCMerced Student house!

Last Agent to Sell the Property

Nancy Rogers

Tinetti Realty License #01231739 Listed on: 04/12/2018

Last Buyer's Agent

Non-MLS Member

Non-MLS Office

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1964 | Remodeled

Lot Details

  • 7,405 Sq Ft Lot
  • Corner Lot
  • Zoning described as R1

Parking

  • 1 Car Attached Garage

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,227 Sq Ft Home
  • 2-Story Property
  • Self Contained Fireplace Unit Or Insert
  • Laundry in Garage

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathtub

Additional Features

  • Private Pool
  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 007-081-075-000

Home Details

Home Type

Single Family

Year Built

Built in 1964 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Subtype Description: Detached,Semi-Custom
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: Yes
  • Year Built: 1964
  • Stories: 2
  • Remodeled/Updated Desc: Other-Rmks 0-5YR
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Insert
  • Fireplaces: 1
  • Flooring: Carpet,Laminate,Linoleum/Vinyl
  • Bathroom Features: Tub
  • Bathrooms: 3.00
  • Dining Room Features: Formal Area,Space in Kitchen
  • Room Type: Baths Other
  • Main Level: Full Bath(s)
  • Price Per Square Foot: 139.20
  • Square Footage: 2227

Exterior Features

  • Construction Materials: Brick,Frame
  • Foundation: Slab
  • Listing Price: 329000.00
  • Lot Features: Corner
  • Pool Features: Built-In,On Lot
  • Pool: Yes
  • Property Condition: Updated/Remodeled
  • Roof: Composition
  • View Description: Local

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Attached
  • Driveway/Sidewalks: Sidewalk/Curb/Gutter

Utilities

  • Sewer: Sewer Connected
  • Utilities: Other
  • Cooling: Ceiling Fan(s),Central
  • Heating: Central
  • Laundry Features: In Garage
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Merced Union High

Lot Info

  • Zoning Description: R1
  • Irrigation: Private District
  • Lot Size Acres: 0.1700
  • Lot Size Sq Ft: 7405

Tax Info

  • Assessor Parcel Number: 007-081-075-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Merced

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2018
Closed on
Aug 17, 2018
Sold by
Norris David William and Norris Suzzette A
Bought by
Arellano Edhuar G and Arellano Alexandra
Seller's Agent
Nancy Rogers
Tinetti Realty
Buyer's Agent
Non-MLS Member
Non-MLS Office
List Price
$350,000
Sold Price
$310,000
Premium/Discount to List
-$40,000
-11.43%
Current Estimated Value
$424,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,312
Avg. Annual Appreciation
4.36%
Original Mortgage
$294,500
Outstanding Balance
$255,761
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$168,551

Purchase Details

Closed on
Jul 28, 2006
Sold by
Norris David W and Norris Suzzette A
Bought by
Norris David William and Norris Suzzette A

Purchase Details

Closed on
May 6, 2003
Sold by
Norris David W
Bought by
Norris David W and Norris Suzzette A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,000
Interest Rate
5.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 17, 2000
Sold by
Mayer Jill E
Bought by
Norris David W and Norris Suzzette A
Source: Public Records

Range of Values:

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

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Arellano Edhuar G $310,000 First American Title Company
Norris David William -- None Available
Norris David W -- Fidelity Title Company
Norris David W $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arellano Edhuar G $294,500
Previous Owner Norris David W $61,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2018 08/24/18 Sold $310,000 -5.8% $139 / Sq Ft
07/26/2018 07/26/18 Pending -- -- --
06/27/2018 06/27/18 Price Changed $329,000 -6.0% $148 / Sq Ft
04/12/2018 04/12/18 For Sale $350,000 -- $157 / 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 $3,109 $295,606 $72,505 $223,101
2024 $3,109 $289,811 $71,084 $218,727
2023 $3,066 $284,130 $69,691 $214,439
2022 $3,025 $278,560 $68,325 $210,235
2021 $3,019 $273,099 $66,986 $206,113
2020 $3,042 $270,300 $66,300 $204,000
2019 $2,998 $265,000 $65,000 $200,000
2018 $1,388 $138,445 $22,572 $115,873
2017 $1,439 $135,731 $22,130 $113,601
2016 $1,415 $133,071 $21,697 $111,374
2015 $1,391 $131,074 $21,372 $109,702
2014 $1,360 $128,508 $20,954 $107,554
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2018

    Nancy Rogers

    Tinetti Realty

    Section Image

  • N

    Buyer's Agent in 2018

    Non-MLS Member

    Non-MLS Office

See All Agents

Map

Source: MetroList

MLS Number: 18022549

MetroList

APN: 007-081-075

California Merced County Merced 95340 North Merced

1378 E Olive Ave, Merced, CA

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MetroList IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes