NOT LISTED FOR SALE

1506 Magnolia Way Los Banos, CA 93635

Estimated Value: $551,000 - $607,000

5 Beds
3 Baths
2,687 Sq Ft
$217/Sq Ft Est. Value

About This Home

This home is located at 1506 Magnolia Way, Los Banos, CA 93635 and is currently estimated at $583,344, approximately $217 per square foot. 1506 Magnolia Way is a home located in Merced County with nearby schools including Henry Miller Elementary School, Creekside Junior High School, and Los Banos High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 6, 2020
Sold by
Castro Magdalena and Garcia Magdalena
Bought by
Castro Magdalena
Current Estimated Value
$583,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Outstanding Balance
$75,842
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$507,502

Purchase Details

Closed on
Nov 19, 2009
Sold by
Rodriguez Arthur and Rodriguez Flora
Bought by
Garcia Magdalena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,500
Interest Rate
5.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2009
Sold by
Garcia Jose
Bought by
Garcia Magdalena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,500
Interest Rate
5.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 2006
Sold by
Rodriguez Flora and Rodriguez Arthur
Bought by
Rodriguez Arthur and Rodriguez Flora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
7.87%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 30, 2005
Sold by
Magnolia Grove Estates Llc
Bought by
Rodriguez Arthur and Rodriguez Flora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$398,808
Interest Rate
5.81%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Castro Magdalena -- Western Resources Title Co
Garcia Magdalena $166,000 Ortc
Garcia Magdalena -- Ortc
Rodriguez Arthur -- Alliance Title Company
Rodriguez Arthur $499,000 Fidelity Natl Title Co Of Ca
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castro Magdalena $105,000
Closed Garcia Magdalena $124,500
Previous Owner Rodriguez Arthur $460,000
Previous Owner Rodriguez Arthur $398,808
Source: Public Records

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 $3,250 $214,260 $10,320 $203,940
2024 $3,250 $210,060 $10,118 $199,942
2023 $3,059 $205,942 $9,920 $196,022
2022 $2,967 $201,905 $9,726 $192,179
2021 $2,894 $197,947 $9,536 $188,411
2020 $2,855 $195,919 $9,439 $186,480
2019 $2,801 $192,078 $9,254 $182,824
2018 $2,725 $188,313 $9,073 $179,240
2017 $2,681 $184,622 $8,896 $175,726
2016 $2,658 $181,003 $8,722 $172,281
2015 $2,577 $178,285 $8,591 $169,694
2014 $2,486 $174,793 $8,423 $166,370
Source: Public Records

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