NOT LISTED FOR SALE

1488 La Sierra St Merced, CA 95348

Estimated Value: $464,039 - $512,000

5 Beds
3 Baths
2,270 Sq Ft
$216/Sq Ft Est. Value

Last Sold August 21, 2017

Last sale price $325,000 $143 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $3,088/month

4 Days on Market

Highlights

  • Lawn
  • No HOA
  • Home Office
  • El Capitan High School Rated A-
  • Neighborhood Views
  • Living Room

About This Home

As of August 2017

Beautiful, large 5 bedroom 3 bath home with bonus room downstairs. Very good North Merced neighborhood. Excellent for UC Merced students. Outstanding investment property. Current tenants are on year-long lease and are paying $1800 a month. Washer, dryer and refrigerator included! You won't want to miss this one!

Last Agent to Sell the Property

Randolph Lane

Lane Property Mgmt and Realty License #00481201 Listed on: 07/21/2017

Last Buyer's Agent

Rachelle Santos

Soldavi Inc. License #01392153

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,050

Year Built

  • Built in 2007

Lot Details

  • 5,001 Sq Ft Lot
  • Landscaped
  • Front and Back Yard Sprinklers
  • Lawn
  • Back and Front Yard
  • Property is zoned P-D

Parking

  • 2 Car Garage

Interior Spaces

  • 2,270 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Living Room
  • Home Office
  • Neighborhood Views

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Upper Level Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 206165001000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,050

Year Built

Built in 2007

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: Washer, Dryer, Refrigerator, Dishwasher, Gas Range, Built-in Microwave oven
  • Property Attached: No
  • View: Yes
  • Zoning: P-D
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 206165001000
  • Year Built: 2007
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2270.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 143.17
  • Room Type: All Bedrooms Up, Family Room, Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom, Office

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Dryer Included, Gas & Electric Dryer Hookup, Individual Room, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights, Suburban

Schools

  • School District: Merced Union

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Landscaped, Lawn, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer
  • Lot Size Sq Ft: 5001.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 10.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 19, 2023
Sold by
Kanagala Rajaram and Godavarty Sunitha
Bought by
Rajaram And Sunitha Revocable Trust and Kanagala
Current Estimated Value
$490,260

Purchase Details

Listed on
Jul 21, 2017
Closed on
Aug 9, 2017
Sold by
Dhavali Prakash S and Dhavali Prajakta P
Bought by
Kanagala Rajaram and Godavarty Sunitha
Seller's Agent
Randolph Lane
Lane Property Mgmt and Realty
Buyer's Agent
Rachelle Santos
Soldavi Inc.
List Price
$322,890
Sold Price
$325,000
Premium/Discount to List
$2,110
0.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.19%

Purchase Details

Listed on
Jul 22, 2013
Closed on
Sep 23, 2013
Sold by
Alvarado Raul
Bought by
Dhavali Prakash S and Dhavali Prajakta P
Seller's Agent
Carmen Flores
Homesmart PV & Assoc., Merced
Buyer's Agent
Randolph Lane
Lane Property Mgmt and Realty
List Price
$242,000
Sold Price
$230,000
Premium/Discount to List
-$12,000
-4.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.30%
Original Mortgage
$172,500
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2010
Sold by
Us Bank National Association
Bought by
Alvarado Raul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,767
Interest Rate
4.51%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 10, 2010
Sold by
Lee Chong Chue
Bought by
Us Bank National Association

Purchase Details

Closed on
Dec 5, 2006
Sold by
Morrison Homes Inc
Bought by
Lee Chong Chue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,792
Interest Rate
5.75%
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
Rajaram And Sunitha Revocable Trust -- None Listed On Document
Kanagala Rajaram $325,000 Fidelity National Title
Dhavali Prakash S $230,000 Fidelity National Title Comp
Alvarado Raul $168,000 First American Title Company
Us Bank National Association $125,000 Accommodation
Lee Chong Chue $367,500 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dhavali Prakash S $154,000
Previous Owner Dhavali Prakash S $171,000
Previous Owner Dhavali Prakash S $172,500
Previous Owner Alvarado Raul $165,767
Previous Owner Lee Chong Chue $293,792
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2017 08/21/17 Sold $325,000 +0.7% $143 / Sq Ft
07/25/2017 07/25/17 Pending -- -- --
07/21/2017 07/21/17 For Sale $322,890 +40.4% $142 / Sq Ft
10/01/2013 10/01/13 Sold $230,000 0.0% $101 / Sq Ft
10/01/2013 10/01/13 Sold $230,000 -5.0% $101 / Sq Ft
08/19/2013 08/19/13 Pending -- -- --
08/19/2013 08/19/13 Pending -- -- --
07/22/2013 07/22/13 For Sale $242,000 0.0% $107 / Sq Ft
07/22/2013 07/22/13 Price Changed $242,000 -0.4% $107 / Sq Ft
07/17/2013 07/17/13 Pending -- -- --
07/03/2013 07/03/13 For Sale $243,000 0.0% $107 / Sq Ft
07/03/2013 07/03/13 Price Changed $243,000 -2.0% $107 / Sq Ft
06/26/2013 06/26/13 Pending -- -- --
06/10/2013 06/10/13 For Sale $248,000 0.0% $109 / Sq Ft
05/31/2013 05/31/13 For Sale $248,000 -- $109 / 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 $5,050 $369,789 $51,200 $318,589
2024 $5,050 $362,540 $50,197 $312,343
2023 $4,962 $355,432 $49,213 $306,219
2022 $4,854 $348,464 $48,249 $300,215
2021 $4,771 $341,632 $47,303 $294,329
2020 $4,782 $338,130 $46,818 $291,312
2019 $4,704 $331,500 $45,900 $285,600
2018 $4,354 $325,000 $45,000 $280,000
2017 $3,615 $242,934 $21,124 $221,810
2016 $3,546 $238,171 $20,710 $217,461
2015 $3,488 $234,594 $20,399 $214,195
2014 $3,423 $230,000 $20,000 $210,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC17167309

California Regional Multiple Listing Service (CRMLS)

APN: 206-165-001