NOT LISTED FOR SALE

1486 E Olive Ave Merced, CA 95340

North Merced Neighborhood

Estimated Value: $296,000 - $356,394

3 Beds
2 Baths
1,209 Sq Ft
$273/Sq Ft Est. Value

Last Sold September 13, 2019

Last sale price $180,000 $149 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $1,906/month

About This Home

Come see the potential in this ranch-style home centrally located near schools, parks, shopping and more. The generous-sized, corner lot has plenty of room to garden and entertain outdoors. The kitchen, which features tile counters and a gas range, is open to the family room and hidden beneath the carpet are wood floors just waiting to be refinished. Don't miss this one!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2019
Closed on
Sep 6, 2019
Sold by
Vega Rubi
Bought by
Cervantes Hugo Vega
Seller's Agent
Mary Camper
London Properties Ltd - Merced
Buyer's Agent
Carmen Flores
Homesmart PV & Assoc., Merced
List Price
$189,000
Sold Price
$180,000
Premium/Discount to List
-$9,000
-4.76%
Current Estimated Value
$330,599

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,599
Avg. Annual Appreciation
10.13%
Original Mortgage
$6,300
Outstanding Balance
$5,518
Interest Rate
3.6%
Mortgage Type
Commercial
Estimated Equity
$325,081

Purchase Details

Listed on
Jun 6, 2019
Closed on
Sep 5, 2019
Sold by
Vega Rubi
Bought by
Cervantes Hugo Vega
Seller's Agent
Mary Camper
London Properties Ltd - Merced
Buyer's Agent
Carmen Flores
Homesmart PV & Assoc., Merced
List Price
$189,000
Sold Price
$180,000
Premium/Discount to List
-$9,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,300
Outstanding Balance
$5,518
Interest Rate
3.6%
Mortgage Type
Commercial
Estimated Equity
$325,081

Purchase Details

Listed on
Jun 6, 2019
Closed on
Aug 20, 2019
Sold by
Baladad Daniel and Stella V Baladad Trust
Bought by
Cervantes Hugo Vega
Seller's Agent
Mary Camper
London Properties Ltd - Merced
Buyer's Agent
Carmen Flores
Homesmart PV & Assoc., Merced
List Price
$189,000
Sold Price
$180,000
Premium/Discount to List
-$9,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,300
Outstanding Balance
$5,518
Interest Rate
3.6%
Mortgage Type
Commercial
Estimated Equity
$325,081

Purchase Details

Closed on
May 17, 2018
Sold by
Baladad Stella V
Bought by
Baladad Stella V and Stella V Baldad Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cervantes Hugo Vega -- Trans County Title
Cervantes Hugo Vega $180,000 Trans County Title
Cervantes Hugo Vega -- Transcounty Title Company
Cervantes Hugo Vega $180,000 Transcounty Title Company
Baladad Stella V -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cervantes Hugo Vega $6,300
Open Cervantes Hugo Vega $174,600
Closed Cervantes Hugo Vega $174,600
Closed Cervantes Hugo Vega $6,300
Closed Cervantes Hugo Vega $6,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/13/2019 09/13/19 Sold $180,000 -4.8% $149 / Sq Ft View Prior Sale
07/25/2019 07/25/19 Pending -- -- --
07/18/2019 07/18/19 Price Changed $189,000 0.0% $156 / Sq Ft
07/18/2019 07/18/19 For Sale $189,000 -5.0% $156 / Sq Ft
06/29/2019 06/29/19 Pending -- -- --
06/25/2019 06/25/19 Price Changed $199,000 -11.6% $165 / Sq Ft
06/06/2019 06/06/19 For Sale $225,000 -- $186 / Sq Ft

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 $2,088 $196,851 $76,553 $120,298
2024 $2,088 $192,992 $75,052 $117,940
2023 $2,059 $189,209 $73,581 $115,628
2022 $2,032 $185,500 $72,139 $113,361
2021 $2,027 $181,864 $70,725 $111,139
2020 $2,042 $180,000 $70,000 $110,000
2019 $574 $48,903 $9,828 $39,075
2018 $450 $47,945 $9,636 $38,309
2017 $465 $47,006 $9,448 $37,558
2016 $456 $46,085 $9,263 $36,822
2015 $448 $45,393 $9,124 $36,269
2014 $438 $44,505 $8,946 $35,559
Source: Public Records

Agents Affiliated with this Home

  • Mary Camper

    Seller's Agent in 2019

    Mary Camper

    London Properties Ltd - Merced

    (209) 725-2100

    63 in this area

    153 Total Sales

    Mary Camper
    Section Image
  • Carmen Flores

    Buyer's Agent in 2019

    Carmen Flores

    Homesmart PV & Assoc., Merced

    (209) 756-5825

    6 in this area

    54 Total Sales

    Carmen Flores
    Section Image
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Map

California Merced County Merced 95340 North Merced

1486 E Olive Ave, Merced, CA

Not Listed for Sale

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