NOT LISTED FOR SALE

1508 Inyo Ave Newman, CA 95360

Estimated Value: $471,000 - $528,000

4 Beds
3 Baths
1,952 Sq Ft
$253/Sq Ft Est. Value

Last Sold April 27, 2022

Last sale price $502,000 $257 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,103/month

6 Days on Market

Highlights

  • 1 Fireplace
  • Great Room
  • Bathtub with Shower
  • Corner Lot
  • No HOA
  • 2-minute walk to Merced St Park

About This Home

As of April 2022

Rare find! Single-family residence with income potential! SFR with a permitted in-law unit. Live in one, rent the other out or rent out BOTH for full rent potential. The main home features an open floor plan with 3 bedrooms, 2 full bath, an updated kitchen, newer SS gas range, laminate flooring and fresh paint. Open family room with lots of daylight+ pellet fireplace. Rear yard is landscaped and ready for summer with an outdoor BBQ w/ fridge & sink, covered patio and hook-ups for jacuzzi. Newer paint, roof and major appliances within recent years. In-law unit has separate address, utilities, entrance and driveway making it very easy to rent. In-law features 1 bed/1bath and kitchenette. Laminate floors, washer/dryer and private patio. Both in move-in ready condition perfect for a family home or investment opportunity.

Last Agent to Sell the Property

Eric Rodriguez

Lifestyle Realty License #01962337 Listed on: 03/31/2022

Last Buyer's Agent

Veronica Contreras

West Coast Marketing Group License #02101560

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1980 | Remodeled

Lot Details

  • 7,501 Sq Ft Lot
  • Corner Lot

Parking

  • 2 Car Garage
  • Front Facing Garage
  • Side Facing Garage

Home Design

  • Concrete Foundation
  • Slab Foundation
  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 1,952 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Great Room
  • Laundry in Garage

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Central Heating and Cooling System
  • Pellet Stove burns compressed wood to generate heat
  • 220 Volts

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 128-026-013-000

Home Details

Home Type

Single Family

Year Built

Built in 1980 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Subtype Description: Detached
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: Yes
  • Stories: 1
  • Year Built: 1980
  • Remodeled/Updated Desc: Bath 0-5YR,Kitchen 0-5YR
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Pellet Stove
  • Fireplaces: 1
  • Flooring: Carpet, Laminate
  • Total Bathrooms: 3
  • Bathroom Features: Tub w/Shower Over
  • Dining Room Features: Breakfast Nook,Space in Kitchen
  • Kitchen Features: Island,Kitchen/Family Combo
  • Living Room Features: Great Room
  • Main Level: Bedroom(s),Dining Room,Family Room,Full Bath(s),Garage,Kitchen
  • Price Per Square Foot: 257.17
  • Square Footage: 1952.00

Exterior Features

  • Construction Materials: Stucco, Wood
  • Foundation: Concrete, Slab
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 484999.00
  • Lot Features: Corner
  • Pool: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking Features: Garage Facing Front, Garage Facing Side

Utilities

  • Security: Carbon Mon Detector, Smoke Detector
  • Sewer: In & Connected
  • Utilities: Public
  • Cooling: Central
  • Electric: 220 Volts
  • Heating: Central
  • Laundry Features: In Garage
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Schools

  • Senior High School District: Newman-Crows Landing

Lot Info

  • Zoning Description: SFR
  • Irrigation: None
  • Lot Size Acres: 0.1722
  • Lot Size Sq Ft: 7501.00

Tax Info

  • Assessor Parcel Number: 128-026-013-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2022
Closed on
Apr 18, 2022
Sold by
Pometta Chase E
Bought by
Lobo Kimberly and Uyesaka Laura Brooke
Seller's Agent
Eric Rodriguez
Lifestyle Realty
Buyer's Agent
Veronica Contreras
West Coast Marketing Group
List Price
$484,999
Sold Price
$502,000
Premium/Discount to List
$17,001
3.51%
Current Estimated Value
$494,548

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,452
Avg. Annual Appreciation
-0.40%
Original Mortgage
$376,500
Outstanding Balance
$351,489
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$143,059

Purchase Details

Closed on
Jun 6, 2019
Sold by
Pometta Chase E and Pometta Chase E
Bought by
Pometta Chase E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,530
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2012
Sold by
Elizarraras Alfonso and Maldonado Viridiana
Bought by
Pometta Chase E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,006
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 30, 2011
Sold by
Maldonado Maria
Bought by
Maldonado Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,388
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 29, 2011
Sold by
Castro Dennis R
Bought by
Elizarraras Alfonso and Maldonado Viridiana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,388
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 24, 2000
Sold by
Avila Manuel L and Avila Evelyn S
Bought by
Castro Dennis R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,600
Interest Rate
7.67%
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
Lobo Kimberly $502,000 First American Title
Pometta Chase E -- Cypress Title
Pometta Chase E -- Cypress Title
Pometta Chase E $150,500 Fidelity National Title Co
Maldonado Jose -- Fidelity National Title Co
Elizarraras Alfonso $103,000 Fidelity National Title Co
Castro Dennis R $127,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lobo Kimberly $376,500
Previous Owner Pometta Chase E $242,530
Previous Owner Pometta Chase E $119,006
Previous Owner Elizarraras Alfonso $100,388
Previous Owner Castro Dennis R $101,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/27/2022 04/27/22 Sold $502,000 +3.5% $257 / Sq Ft
04/06/2022 04/06/22 Pending -- -- --
03/31/2022 03/31/22 For Sale $484,999 -- $248 / 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 $6,202 $532,725 $264,240 $268,485
2024 $6,046 $522,280 $259,059 $263,221
2023 $5,878 $512,040 $253,980 $258,060
2022 $2,075 $177,532 $41,422 $136,110
2021 $2,044 $174,052 $40,610 $133,442
2020 $2,003 $172,268 $40,194 $132,074
2019 $2,013 $168,891 $39,406 $129,485
2018 $1,880 $165,581 $38,634 $126,947
2017 $2,047 $162,335 $37,877 $124,458
2016 $1,813 $159,153 $37,135 $122,018
2015 $1,872 $156,764 $36,578 $120,186
2014 $1,858 $153,694 $35,862 $117,832
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 222038722

MetroList

APN: 128-26-13