NOT LISTED FOR SALE

1455 Rita Mae Ave Merced, CA 95341

Estimated Value: $133,000 - $243,000

2 Beds
1 Bath
720 Sq Ft
$265/Sq Ft Est. Value

Last Sold February 15, 2023

Last sale price $128,000 $178 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $1,157/month

189 Days on Market

Highlights

  • No HOA
  • Living Room
  • Back and Front Yard

About This Home

As of February 2023

Looking for AFFORDABLE Country Living, here is a great INVESTOR opportunity, 7245 sqft Lot close to town with a Single wide Manufacture Home 2 bedrooms, 1 bathroom in need of TLC, this property is waiting for the magic touch of the one to turn this into a beautiful Ranchette Style property. Cash Purchase Only AS IS.

Last Agent to Sell the Property

Paco Martinez

Keller Williams Property Team License #01806867 Listed on: 07/25/2022

Keller Williams Property Team

Last Buyer's Agent

Paco Martinez

Keller Williams Property Team License #01806867 Listed on: 07/25/2022

Keller Williams Property Team

Property Details

Home Type

  • Manufactured Home With Land

Est. Annual Taxes

  • $1,421

Year Built

  • Built in 1973

Lot Details

  • 7,244 Sq Ft Lot
  • No Common Walls
  • Rural Setting
  • Back and Front Yard

Interior Spaces

  • 720 Sq Ft Home
  • Living Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Septic Type Unknown

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 066090014000

Property Details

Home Type

Manufactured Home With Land

Est. Annual Taxes

$1,421

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Structure Type: Manufactured House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Property Sub Type: Manufactured On Land
  • Property Type: Residential
  • Parcel Number: 066090014000
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 720.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 177.78
  • Room Type: Kitchen, Living Room

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Unknown
  • Water Source: Other

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Rural

Schools

  • School District: Merced City

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 7244.00
  • Lot Size Acres: 0.1663

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7244.0000 Square Feet
  • Number Of Units Total: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2022
Closed on
Feb 7, 2023
Sold by
Perez Laureano and Perez Generosa
Bought by
Aguilar Santiago Dionicio and Guzman Rojas Marisela
Seller's Agent
Paco Martinez
Keller Williams Property Team
Buyer's Agent
Paco Martinez
Keller Williams Property Team
List Price
$135,000
Sold Price
$128,000
Premium/Discount to List
-$7,000
-5.19%
Views
294
Current Estimated Value
$190,696

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,696
Avg. Annual Appreciation
16.33%
Original Mortgage
$68,000
Outstanding Balance
$65,927
Interest Rate
6.09%
Mortgage Type
Seller Take Back
Estimated Equity
$121,744

Purchase Details

Closed on
Oct 13, 2020
Sold by
Jamieson William T and Jamieson William J
Bought by
Laureano Jaime and Barcelos Generosa Perez

Purchase Details

Closed on
Feb 17, 2011
Sold by
Federal National Mortgage Association
Bought by
Jamieson William J

Purchase Details

Closed on
Dec 13, 2010
Sold by
Gallegos Ramon and Gallegos Josefina
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 26, 2004
Sold by
Chavez Gabriel and Olivares Patricia
Bought by
Gallegos Ramon and Gallegos Josefina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,400
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 8, 2002
Sold by
Alma Investment Company
Bought by
Chavez Gabriel and Olivares Patricia
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Aguilar Santiago Dionicio $128,000 Lennar Title
Laureano Jaime $70,000 Fidelity National Title Co
Jamieson William J $26,000 Servicelink
Federal National Mortgage Association $66,252 First American Title Ins Co
Gallegos Ramon $83,000 Fidelity Title Company
Chavez Gabriel $5,000 Transcounty Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aguilar Santiago Dionicio $68,000
Previous Owner Barcelos Generosa Perez $50,000
Previous Owner Gallegos Ramon $66,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2023 02/15/23 Sold $128,000 -5.2% $178 / Sq Ft
01/30/2023 01/30/23 Pending -- -- --
07/25/2022 07/25/22 For Sale $135,000 -- $188 / 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 $1,421 $133,171 $78,030 $55,141
2024 $1,421 $130,560 $76,500 $54,060
2023 $887 $88,434 $52,020 $36,414
2022 $880 $86,700 $51,000 $35,700
2021 $880 $85,000 $50,000 $35,000
2020 $350 $30,452 $9,369 $21,083
2019 $342 $29,856 $9,186 $20,670
2018 $330 $29,271 $9,006 $20,265
2017 $325 $28,698 $8,830 $19,868
2016 $328 $28,136 $8,657 $19,479
2015 $318 $27,714 $8,527 $19,187
2014 $309 $27,172 $8,360 $18,812
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC22163799

California Regional Multiple Listing Service (CRMLS)

APN: 066-090-014