NOT LISTED FOR SALE

1437 San Simeon Ct Merced, CA 95348

Estimated Value: $418,000 - $454,000

4 Beds
2 Baths
1,830 Sq Ft
$238/Sq Ft Est. Value

Last Sold February 02, 2015

Last sale price $215,000 $117 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $2,529/month

25 Days on Market

Highlights

  • Primary Bedroom Suite
  • Breakfast Area or Nook
  • Combination Dining and Living Room
  • Wood Flooring
  • Forced Air Heating and Cooling System
  • Separate Family Room

About This Home

As of February 2015

This is a short sale. The owner's husband passed away and seller wants to rid her self of a upside down investment. The property is currently rented and the tenants are willing to move upon closure of sale. property is in VERY good condition. Sellers up graded property for tenant use. Seller has 2 mortgages on the property with same investor.

Last Agent to Sell the Property

Ali Hasnain Ali

Royal Homes License #01892473 Listed on: 05/30/2014

Last Buyer's Agent

Ali Hasnain Ali

Royal Homes License #01892473 Listed on: 05/30/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,011

Year Built

  • Built in 2004

Lot Details

  • Zoning described as R-1-5

Home Design

  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 1,830 Sq Ft Home
  • 1-Story Property
  • Separate Family Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Wood Flooring
  • Breakfast Area or Nook

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Wood Insert Heater
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 058-451-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,011

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 1830
  • Incorporated: Yes
  • Map Book Page: 794
  • Map Side Coordinate: 2
  • Map Top Coordinate: B
  • Thomas Bros Page: 794
  • Thomas Brothers: B2
  • Year Built: 2004
  • Zoning Description: R-1-5
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room, Insert, Yes
  • Dining Room: Dining Area in Living Room, Breakfast Nook
  • Living Sq Ft: 1830
  • Stories: 1
  • Bedrooms: Primary Suite / Retreat
  • Flooring: Carpet - Area, Wood
  • Maximum Bathrooms: 2
  • Minimum Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Pool - No
  • Roof: Tile

Utilities

  • Cooling System: Central AC
  • Heating System: Forced Air
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Lot Info

  • Parcel Number: 058-451-001
  • List Price per Sq Ft: 114.75
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6564.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 6564.00
  • Lot Size Area Min Search: 6564.00
  • Maximum Lot Size: 6564.00
  • Map Book: Thomas Bros

Multi Family

  • Maximum Building Height: 1
  • Minimum Building Height: 1

MLS Schools

  • High School District Text: Merced Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2014
Closed on
Jan 22, 2015
Sold by
Macasieb Marilyn L
Bought by
Chen Liang Alan and Chen Sun Yu
Seller's Agent
Ali Hasnain Ali
Royal Homes
Buyer's Agent
Ali Hasnain Ali
Royal Homes
List Price
$210,000
Sold Price
$215,000
Premium/Discount to List
$5,000
2.38%
Current Estimated Value
$435,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,233
Avg. Annual Appreciation
6.79%
Original Mortgage
$159,000
Outstanding Balance
$121,381
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$313,852

Purchase Details

Closed on
May 11, 2006
Sold by
Macasieb Rolando and Macasieb Marilyn
Bought by
Macasieb Rolando L and Macasieb Marilyn L

Purchase Details

Closed on
Aug 6, 2005
Sold by
Nguyen Vincent
Bought by
Macasieb Rolando and Macasieb Marilyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 26, 2004
Sold by
Nguyen Hien Thi
Bought by
Nguyen Vincent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,000
Interest Rate
5.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 2, 2004
Sold by
Park Fahrens
Bought by
Nguyen Vincent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,000
Interest Rate
5.35%
Mortgage Type
Purchase Money Mortgage
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
Chen Liang Alan $215,000 Fidelity National Title
Macasieb Rolando L -- None Available
Macasieb Rolando $460,000 Transcounty Title Company
Nguyen Vincent -- Transcounty Title Company
Nguyen Vincent $276,500 Transcounty Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Liang Alan $159,000
Previous Owner Macasieb Rolando $368,000
Previous Owner Nguyen Vincent $221,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/02/2015 02/02/15 Sold $215,000 +2.4% $117 / Sq Ft
06/24/2014 06/24/14 Pending -- -- --
05/30/2014 05/30/14 For Sale $210,000 -- $115 / Sq Ft
Source: MLSListings

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 $3,011 $258,388 $54,078 $204,310
2024 $3,011 $253,322 $53,018 $200,304
2023 $2,954 $248,356 $51,979 $196,377
2022 $2,918 $243,487 $50,960 $192,527
2021 $2,978 $238,713 $49,961 $188,752
2020 $3,421 $236,266 $49,449 $186,817
2019 $3,399 $231,634 $48,480 $183,154
2018 $3,177 $227,093 $47,530 $179,563
2017 $3,266 $222,642 $46,599 $176,043
2016 $3,307 $218,278 $45,686 $172,592
2015 $3,730 $256,000 $45,000 $211,000
2014 $3,317 $220,000 $30,000 $190,000
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2015

    Ali Hasnain Ali

    Royal Homes

    (650) 299-9009

    13 Total Sales

    Ali Hasnain Ali
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Map

Source: MLSListings

MLS Number: ML81418998

MLSListings

APN: 058-451-001

California Merced County Merced 95348

1437 San Simeon Ct, Merced, CA

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