NOT LISTED FOR SALE

1478 Favier Dr Merced, CA 95340

Estimated Value: $523,945 - $583,000

4 Beds
3 Baths
2,236 Sq Ft
$249/Sq Ft Est. Value

Last Sold April 28, 2021

Last sale price $435,000 $195 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $3,437/month

Highlights

  • Open Floorplan
  • High Ceiling
  • Neighborhood Views
  • El Capitan High School Rated A-
  • No HOA
  • Home Office

About This Home

As of April 2021

SOLD PRIOR TO PUBLICATION - PAID FOR SOLAR WITH ZERO TO VARY LITTLE TRU-UP COST AT THE END OF THE YEAR! The Owner’s have outgrown their home and hate to leave! They absolutely Love their neighborhood and their neighbors! 4BR/2BA single-level on a placid street near schools. Ideal features such as spacious Great Room with fireplace, and formal dining room. This home is light and airy and offers a great layout which is perfect for entertaining family and friends. It comes with high ceilings, and elegant French doors that lead out to a very well-maintained backyard a with large covered patio. Just off the Great Room you will find a pleasing In-Home office or possible play room for the kiddo’s. Other fine features include earth-tone colors, Plantation shutters, generous closet space…3 of which are walk-in closets! You will also love the Master bedroom with relaxing soaking tub and separate shower, kitchen with pantry and a diverse-duty breakfast bar, plus an indoor laundry room. Come see this charming haven and its very nice layout.

Last Agent to Sell the Property

Ruth Nightengale

London Properties Ltd - Merced License #00922648 Listed on: 04/29/2021

London Properties Ltd - Merced

Last Buyer's Agent

Ruth Nightengale

London Properties Ltd - Merced License #00922648 Listed on: 04/29/2021

London Properties Ltd - Merced

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,135

Year Built

  • Built in 2004

Lot Details

  • 7,318 Sq Ft Lot
  • Wood Fence
  • Sprinkler System
  • Property is zoned R-1-5

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Single Garage Door
  • Garage Door Opener

Home Design

  • Tile Roof
  • Stucco

Interior Spaces

  • 2,236 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Zero Clearance Fireplace
  • Double Pane Windows
  • Plantation Shutters
  • Home Office
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Ceramic Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 74
  • Assessor Parcel Number 231102015000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,135

Year Built

Built in 2004

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: R-1-5
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 231102015000
  • Year Built: 2004
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2236.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Ceramic Counters, High Ceilings, Open Floorplan, Pantry
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar, In Kitchen
  • Fireplace Features: Zero Clearance
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 194.54
  • Room Type: Office
  • Window Features: Double Pane Windows, Plantation Shutters, Shutters
  • Bathroom Features: Shower, Shower In Tub
  • Room Kitchen Features: Tile Counters

Exterior Features

  • View: Neighborhood
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Tile
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Single Door, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Range, Microwave
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights

Schools

  • School District: Merced Union

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sprinkler System
  • Lot Size Sq Ft: 7318.00
  • Lot Size Acres: 0.1680

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7318.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 18.01
  • Tax Lot: 74

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2021
Closed on
Mar 31, 2021
Sold by
Johnson Andrew C and Johnson Erika L
Bought by
Durrant Joseph and Durrant Hillary
Seller's Agent
Ruth Nightengale
London Properties Ltd - Merced
Buyer's Agent
Ruth Nightengale
London Properties Ltd - Merced
List Price
$440,000
Sold Price
$435,000
Premium/Discount to List
-$5,000
-1.14%
Current Estimated Value
$552,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,358
Avg. Annual Appreciation
5.50%
Original Mortgage
$348,000
Outstanding Balance
$264,713
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$283,471

Purchase Details

Closed on
Jun 15, 2016
Sold by
Hwang Chi Hou Albert
Bought by
Johnston Andrew C and Johnston Erika L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,325
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2008
Sold by
Federal National Mortgage Association
Bought by
Hwang Chi Hou Albert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,750
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 1, 2008
Sold by
Brasuell Troy R and Brasuell Michelle L
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 20, 2003
Sold by
Y B Real Estate Inc
Bought by
Brasuell Troy R and Brasuell Michelle L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,550
Interest Rate
5.69%
Mortgage Type
Fannie Mae Freddie Mac
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
Durrant Joseph $435,000 Transcounty Title Company
Johnston Andrew C $299,500 Transcounty Title Company
Hwang Chi Hou Albert $214,500 Lsi Title Agency
Federal National Mortgage Association $223,760 First American Title Company
Brasuell Troy R $291,500 Transcounty Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Durrant Joseph $348,000
Previous Owner Johnston Andrew C $252,525
Previous Owner Johnston Andrew C $269,325
Previous Owner Hwang Chi Hou Albert $176,250
Previous Owner Hwang Chi Hou Albert $192,750
Previous Owner Brasuell Troy R $100,000
Previous Owner Brasuell Troy R $276,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2021 04/29/21 For Sale $440,000 +1.1% $197 / Sq Ft
04/28/2021 04/28/21 Sold $435,000 -- $195 / Sq Ft
03/08/2021 03/08/21 Pending -- -- --
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 $5,135 $470,856 $92,006 $378,850
2024 $5,135 $461,624 $90,202 $371,422
2023 $5,084 $452,574 $88,434 $364,140
2022 $5,014 $443,700 $86,700 $357,000
2021 $3,764 $320,854 $48,248 $272,606
2020 $3,696 $317,565 $47,754 $269,811
2019 $3,655 $311,339 $46,818 $264,521
2018 $3,349 $305,235 $45,900 $259,335
2017 $3,445 $299,250 $45,000 $254,250
2016 $2,808 $233,332 $65,267 $168,065
2015 $2,751 $229,828 $64,287 $165,541
2014 $2,690 $225,327 $63,028 $162,299
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC21090818

California Regional Multiple Listing Service (CRMLS)

APN: 231-102-015