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

49 Days on Market

Highlights

  • Lawn
  • Neighborhood Views
  • Eat-In Kitchen
  • No HOA
  • 2 Car Attached Garage
  • Double Pane Windows

About This Home

As of September 2019

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!

Last Agent to Sell the Property

Mary Camper

London Properties Ltd - Merced License #01870330 Listed on: 06/06/2019

London Properties Ltd - Merced

Last Buyer's Agent

Carmen Flores

Homesmart PV & Assoc., Merced License #01849310

Homesmart PV & Assoc., Merced

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1961

Lot Details

  • 9,148 Sq Ft Lot
  • Wood Fence
  • Fence is in average condition
  • Lawn
  • Back and Front Yard
  • Property is zoned R-1-6

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Single Garage Door
  • Garage Door Opener
  • Driveway

Home Design

  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,209 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Double Pane Windows
  • Window Screens
  • Sliding Doors
  • Living Room with Fireplace
  • Neighborhood Views

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Tile Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Tile Bathroom Countertop
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage
  • Electric Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • 220 Volts in Garage
  • Natural Gas Connected
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 007081028000

Home Details

Home Type

Single Family

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: R-1-6
  • Architectural Style: Ranch
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 007081028000
  • Year Built: 1961
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1209.00 Square Feet
  • Interior Amenities: Tile Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Eating Area: In Kitchen
  • Fireplace Features: Living Room, Gas
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 148.88
  • Room Type: All Bedrooms Down, Living Room
  • Window Features: Double Pane Windows, Screens
  • Bathroom Features: Shower, Shower In Tub, Tile Counters
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Average Condition, Wood
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Gas Water Heater
  • Electric: 220 Volts in Garage, Electricity - On Property
  • Heating Type: Central
  • Laundry Features: Electric Dryer Hookup, In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Lawn, Lot 6500-9999, Walkstreet
  • Lot Size Sq Ft: 9148.00
  • Lot Size Acres: 0.2100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9148.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 12.00

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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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
09/13/2019 09/13/19 Sold $180,000 -4.8% $149 / Sq Ft
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
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 $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

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC19133071

California Regional Multiple Listing Service (CRMLS)

APN: 007-081-028

California Merced County Merced 95340 North Merced

1486 E Olive Ave, Merced, CA

Not Listed for Sale

Detached

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