NOT LISTED FOR SALE

1490 Cameron Ln Merced, CA 95340

Estimated Value: $513,000 - $593,000

2 Beds
1 Bath
1,008 Sq Ft
$550/Sq Ft Est. Value

Last Sold January 10, 2025

Last sale price $499,125 $495 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,016/month

8 Days on Market

Highlights

  • RV Access or Parking
  • No HOA
  • Living Room
  • Main Floor Bedroom

About This Home

As of January 2025

A rare opportunity awaits with this large lot featuring just under 2 acres and ready for the visionary to create their oasis. Renovate the existing home or start anew. This also would be a ideal property for development either multiple residential homes or multiunit housing. Check with city for development opportunities. The leased cell tower area provides added income opportunity. Situated near schools, parks, and within convenient distance to towns amenities.

Last Agent to Sell the Property

Dave Sousa

Atlantic Realty License #01202587 Listed on: 07/25/2024

Last Buyer's Agent

Patrick Hale

The Local Realty CA License #01777558

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

  • 1.97 Acre Lot

Home Design

  • Fixer Upper
  • Frame Construction

Interior Spaces

  • 1,008 Sq Ft Home
  • Living Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Parking

  • No Garage
  • RV Access or Parking

Community Details

  • No Home Owners Association
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 033-050-022-000

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Subtype Description: Detached
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: No
  • Year Built: 1920
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Flooring: Other
  • Total Bathrooms: 1
  • Bathroom Features: Other
  • Dining Room Features: Other
  • Kitchen Features: Other Counter
  • Living Room Features: Other
  • Main Level: Bedroom(s), Living Room, Kitchen
  • Price Per Square Foot: 495.16
  • Square Footage: 1008.00

Exterior Features

  • Other Structures: Other
  • Construction Materials: Frame, Other
  • Disclosures/Documents: Rental/Lease Agreement
  • Fencing: None
  • Foundation: Other
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 399950.00
  • Lot Features: Shape Regular
  • New Construction: No
  • Pool: No
  • Property Condition: Fixer
  • Roof: Other
  • Spa: No
  • Land Use: Residential

Garage/Parking

  • Parking Features: No Garage, RV Possible

Utilities

  • Security: Other
  • Sewer: Other
  • Utilities: Public, Other
  • Cooling: Other
  • Electric: Other
  • Heating: Other
  • Laundry Features: Other
  • Water Source: Other

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Merced Union High

Lot Info

  • Zoning: SFR
  • Irrigation: None
  • Lot Size Acres: 1.9700
  • Lot Size Sq Ft: 85813.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Type: Net

Multi Family

Tax Info

  • Assessor Parcel Number: 033-050-022-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Merced

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2024
Closed on
Jan 24, 2025
Sold by
K Bruce Prine Trust and Prine Kenneth B
Bought by
Cameron Lane Holdings Llc
Seller's Agent
Dave Sousa
Atlantic Realty
Buyer's Agent
Patrick Hale
The Local Realty CA
List Price
$399,950
Sold Price
$499,125
Premium/Discount to List
$99,175
24.8%
Views
20
Current Estimated Value
$554,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,936
Avg. Annual Appreciation
11.49%

Purchase Details

Closed on
Feb 11, 1998
Sold by
Kay Holman Deborah
Bought by
Prine K Bruce
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cameron Lane Holdings Llc $124,125 Titlevest Agency
Prine K Bruce $80,000 Fidelity National Title Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/10/2025 01/10/25 Sold $499,125 +24.8% $495 / Sq Ft
08/02/2024 08/02/24 Pending -- -- --
07/25/2024 07/25/24 For Sale $399,950 -- $397 / Sq Ft
Source: MetroList

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 $1,355 $382,500 $357,000 $25,500
2024 $1,355 $123,916 $76,954 $46,962
2023 $1,336 $121,488 $75,446 $46,042
2022 $1,326 $119,245 $74,105 $45,140
2021 $1,326 $117,989 $73,748 $44,241
2020 $1,335 $116,780 $72,992 $43,788
2019 $1,301 $114,491 $71,561 $42,930
2018 $1,186 $112,247 $70,158 $42,089
2017 $1,231 $110,047 $68,783 $41,264
2016 $1,212 $107,890 $67,435 $40,455
2015 $1,193 $106,271 $66,423 $39,848
2014 $1,167 $104,190 $65,122 $39,068
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 224082084

MetroList

APN: 033-050-010