NOT LISTED FOR SALE

1540 E 27th St Merced, CA 95340

Estimated Value: $356,000 - $370,773

3 Beds
2 Baths
1,680 Sq Ft
$216/Sq Ft Est. Value

Last Sold January 13, 2021

Last sale price $255,000 $152 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $2,144/month

11 Days on Market

Highlights

  • No HOA
  • 2 Car Attached Garage
  • Central Heating and Cooling System
  • Neighborhood Views
  • Laundry Room
  • Back Yard

About This Home

As of January 2021

HUD Home! Fantastic opportunity on this HUD Home located in well established area of Merced! This home is very spacious and has a HUGE Great Room space for living / entertaining. It features just under 1700sqft, and open floor plan, three bedrooms and two bathrooms PLUS a bonus enclosed patio area off one of the back bedrooms. Kitchen has been updated with solid surface counters and plenty of cabinet space. The kitchen is in the center of the home. Nice sized dining area off the kitchen as well, with a slider door access to the back. Attached 2 car garage. Backyard features a very large covered patio area, for maximum outdoor enjoyment. In addition to the outdoor covered patio, there is ample backyard space as well. Attractive curb appeal! Don't miss out on this home, will go FHA Financing with escrow holdback as needed. Seller will pay up to 3% buyer's closing costs! Come take a look today to see if this home is right for you!

Last Agent to Sell the Property

Julie Kaley

Merced Homes Realty License #01412616 Listed on: 10/22/2020

Last Buyer's Agent

Carmela Zuniga

Merced Homes Realty License #N/A

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • 8,712 Sq Ft Lot
  • Back Yard
  • Property is zoned R-1-6

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,680 Sq Ft Home
  • 1-Story Property
  • Neighborhood Views

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 106
  • Assessor Parcel Number 033082003000

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: R-1-6
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 033082003000
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1680.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 151.79
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 8712.00
  • Lot Size Acres: 0.2000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8712.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 14.02
  • Tax Lot: 106

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2020
Closed on
Jan 26, 2021
Sold by
Quan Mely C
Bought by
Quan Mely C and Quan Kenneth C
Seller's Agent
Julie Kaley
Merced Homes Realty
Buyer's Agent
Carmela Zuniga
Merced Homes Realty
List Price
$250,000
Sold Price
$255,000
Premium/Discount to List
$5,000
2%
Current Estimated Value
$363,193

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,193
Avg. Annual Appreciation
7.41%
Original Mortgage
$255,417
Interest Rate
2.71%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 22, 2020
Closed on
Jan 6, 2021
Sold by
Secretary Of Housing And Urban Developme
Bought by
Quan Mely C
Seller's Agent
Julie Kaley
Merced Homes Realty
Buyer's Agent
Carmela Zuniga
Merced Homes Realty
List Price
$250,000
Sold Price
$255,000
Premium/Discount to List
$5,000
2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,417
Interest Rate
2.71%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 29, 2020
Sold by
Mortgage Lender Services Inc
Bought by
Secretary/Housing & Urban Dev

Purchase Details

Closed on
Apr 23, 2001
Sold by
Martinez Mary G
Bought by
Martinez Mary G
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
Quan Mely C -- None Listed On Document
Quan Mely C $255,000 First American Title
Secretary/Housing & Urban Dev $370,961 Wfg National Title
Martinez Mary G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Quan Mely C $255,417
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/13/2021 01/13/21 Sold $255,000 +2.0% $152 / Sq Ft
11/02/2020 11/02/20 Pending -- -- --
10/22/2020 10/22/20 For Sale $250,000 -- $149 / 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 $2,830 $276,018 $81,181 $194,837
2024 $2,830 $270,607 $79,590 $191,017
2023 $2,789 $265,302 $78,030 $187,272
2022 $2,750 $260,100 $76,500 $183,600
2021 $2,600 $235,000 $60,000 $175,000
2020 $821 $72,255 $10,111 $62,144
2019 $809 $70,839 $9,913 $60,926
2018 $663 $69,451 $9,719 $59,732
2017 $687 $68,090 $9,529 $58,561
2016 $675 $66,756 $9,343 $57,413
2015 $663 $65,754 $9,203 $56,551
2014 $647 $64,467 $9,023 $55,444
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC20223507

California Regional Multiple Listing Service (CRMLS)

APN: 033-082-003