NOT LISTED FOR SALE

157 El Verano Ct Merced, CA 95341

South Merced Neighborhood

Estimated Value: $323,000 - $349,000

3 Beds
1 Bath
1,040 Sq Ft
$321/Sq Ft Est. Value

Last Sold April 17, 2020

Last sale price $205,000 $197 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $1,954/month

19 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Cul-De-Sac
  • Private Yard
  • Neighborhood Views
  • 2 Car Attached Garage

About This Home

As of April 2020

Starter home or INVESTOR Special $210,000 3 Bedroom 1 Bath home located just one block from new build homes, and a short distance from parks and schools. Very desired rental area, current rent estimate between 1250-1400 mo. Home is in original condition, could use flooring and fresh paint, priced to sell.

Last Agent to Sell the Property

Pam Zensen

Re/max Executive License #01977828 Listed on: 02/12/2020

Re/max Executive

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2003

Lot Details

  • 5,340 Sq Ft Lot
  • Cul-De-Sac
  • Private Yard
  • Property is zoned R-1-5

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage

Home Design

  • Traditional Architecture
  • Cosmetic Repairs Needed
  • Slab Foundation
  • Stucco

Interior Spaces

  • 1,040 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Neighborhood Views
  • Carbon Monoxide Detectors

Kitchen

  • Eat-In Kitchen
  • Formica Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom
  • Formica Counters In Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Open Patio
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts in Garage
  • Septic Type Unknown

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 156
  • Assessor Parcel Number 259263005000

Home Details

Home Type

Single Family

Year Built

Built in 2003

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s)
  • Subdivision Name Other: La Bella Vista Phase F
  • View: Yes
  • Zoning: R-1-5
  • Architectural Style: Traditional
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 259263005000
  • Year Built: 2003
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1040.00 Square Feet
  • Interior Amenities: Formica Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: In Kitchen
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 197.12
  • Room Type: Kitchen, Living Room
  • Bathroom Features: Shower In Tub, Formica Counters
  • Room Kitchen Features: Formica Counters

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Neighborhood
  • Patio And Porch Features: Patio Open
  • Pool Private: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Paved, Garage Faces Front
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Electric: 220 Volts in Garage, Standard
  • Heating Type: Central, Forced Air, Fireplace(s)
  • Laundry Features: In Garage
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac, Yard
  • Lot Size Sq Ft: 5340.00
  • Lot Size Acres: 0.1226

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5340.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 16.02
  • Tax Lot: 156

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2020
Closed on
Apr 2, 2020
Sold by
Maggi Brian
Bought by
Maggi Michelle Ann
Seller's Agent
Pam Zensen
Re/max Executive
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$210,000
Sold Price
$205,000
Premium/Discount to List
-$5,000
-2.38%
Current Estimated Value
$333,527

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,527
Avg. Annual Appreciation
8.88%
Original Mortgage
$194,750
Outstanding Balance
$172,150
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$161,377

Purchase Details

Listed on
Feb 12, 2020
Closed on
Mar 25, 2020
Sold by
Maggi Michelle Ann and Paloutzian Michelle
Bought by
Loewinsohn Joseph M
Seller's Agent
Pam Zensen
Re/max Executive
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$210,000
Sold Price
$205,000
Premium/Discount to List
-$5,000
-2.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,750
Outstanding Balance
$172,150
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$161,377

Purchase Details

Closed on
Jul 28, 2003
Sold by
H/S Development Co Llc
Bought by
Paloutzian Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,376
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Maggi Michelle Ann -- Fidelity National Title Co
Loewinsohn Joseph M $205,000 Fidelity National Title Co
Paloutzian Michelle $107,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loewinsohn Joseph M $194,750
Previous Owner Paloutzian Michelle $101,376
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/17/2020 04/17/20 Sold $205,000 -2.4% $197 / Sq Ft
03/02/2020 03/02/20 Pending -- -- --
02/12/2020 02/12/20 For Sale $210,000 -- $202 / 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 $2,529 $224,193 $54,681 $169,512
2024 $2,529 $219,798 $53,609 $166,189
2023 $2,439 $215,489 $52,558 $162,931
2022 $2,421 $211,265 $51,528 $159,737
2021 $2,424 $207,123 $50,518 $156,605
2020 $1,587 $138,699 $58,495 $80,204
2019 $1,559 $135,981 $57,349 $78,632
2018 $1,536 $133,316 $56,225 $77,091
2017 $1,478 $130,703 $55,123 $75,580
2016 $1,478 $128,142 $54,043 $74,099
2015 $1,349 $119,000 $40,000 $79,000
2014 $1,001 $87,000 $30,000 $57,000
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2020

    Pam Zensen

    RE/MAX

    Section Image

  • N

    Buyer's Agent in 2020

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    8 in this area

    6,213 Total Sales

    NoEmail NoEmail
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC20031840

California Regional Multiple Listing Service (CRMLS)

APN: 259-263-005

California Merced County Merced 95341 South Merced

157 El Verano Ct, Merced, CA

Not Listed for Sale

Detached

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