NOT LISTED FOR SALE

1603 E Olive Ave Merced, CA 95340

North Merced Neighborhood

Estimated Value: $200,000 - $345,670

3 Beds
2 Baths
1,250 Sq Ft
$207/Sq Ft Est. Value

About This Home

This home is located at 1603 E Olive Ave, Merced, CA 95340 and is currently estimated at $258,668, approximately $206 per square foot. 1603 E Olive Ave is a home located in Merced County with nearby schools including Donn B. Chenoweth Elementary School, Herbert H. Cruickshank Middle School, and Merced High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 18, 2025
Sold by
Hofmann Catherine
Bought by
Hofmann Phaedra
Current Estimated Value
$258,668

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Outstanding Balance
$191,674
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$66,994

Purchase Details

Closed on
Jul 17, 2025
Sold by
Britton Chris C and Pivirotto Karen Ann
Bought by
Hofmann Phaedra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Outstanding Balance
$191,674
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$66,994

Purchase Details

Closed on
Oct 16, 2023
Sold by
Britton Chris C
Bought by
Britton Chris C and Pivirotto Karen Ann

Purchase Details

Closed on
Oct 10, 2023
Sold by
Britton Chris C
Bought by
Britton Chris C and Pivirotto Karen Ann

Purchase Details

Closed on
Oct 4, 2000
Sold by
Pivirotto Karen
Bought by
Britton Chris C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
8.01%

Purchase Details

Closed on
Aug 22, 2000
Sold by
Sanchez Adolfo and Sanchez Sandra A
Bought by
Britton Chris C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
8.01%

Purchase Details

Closed on
Sep 1, 1999
Sold by
Hud
Bought by
Sanchez Adolfo and Sanchez Sandra A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,869
Interest Rate
7.66%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 30, 1999
Sold by
Norwest Mtg Inc
Bought by
Hud

Purchase Details

Closed on
Jan 20, 1999
Sold by
Garcia Kenneth J and Garcia Joe
Bought by
Norwest Mtg Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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
Hofmann Phaedra -- Transcounty Title Company
Hofmann Phaedra $240,000 Placer Title
Britton Chris C -- None Listed On Document
Britton Chris C -- None Listed On Document
Britton Chris C -- Transcounty Title Company
Britton Chris C $97,500 Transcounty Title Company
Sanchez Adolfo $76,000 North American Title Co
Hud -- First American Title Ins Co
Norwest Mtg Inc $78,641 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hofmann Phaedra $192,000
Previous Owner Britton Chris C $78,000
Previous Owner Sanchez Adolfo $75,869
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 $15 $117,507 $52,725 $64,782
2024 $15 $115,204 $51,692 $63,512
2023 $15 $112,946 $50,679 $62,267
2022 $13 $110,733 $49,686 $61,047
2021 $13 $108,562 $48,712 $59,850
2020 $11 $107,450 $48,213 $59,237
2019 $10 $105,344 $47,268 $58,076
2018 $8 $103,280 $46,342 $56,938
2017 $8 $101,256 $45,434 $55,822
2016 $8 $99,272 $44,544 $54,728
2015 -- $97,781 $43,875 $53,906
2014 -- $95,867 $43,016 $52,851
Source: Public Records

Map

California Merced County Merced 95340 North Merced

1603 E Olive Ave, Merced, CA

Not Listed for Sale

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