NOT LISTED FOR SALE

18494 Merritt Dr Lathrop, CA 95330

River Islands Neighborhood

Estimated Value: $825,000 - $942,728

4 Beds
3.5 Baths
3,129 Sq Ft
$285/Sq Ft Est. Value

Last Sold August 05, 2022

Last sale price $875,000 $280 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $5,901/month

8 Days on Market

Highlights

  • Great Room
  • 3 Car Attached Garage
  • Tile Flooring
  • No HOA
  • Bathtub with Shower
  • Central Heating and Cooling System

About This Home

As of August 2022

Welcome to 18494 Merritt Drive in River Islands, Lathrop. A meticulously maintained home that was just built in 2019. No need to wait for a New Home. This is the largest floor plan offered by The New Home Company in the Tidewater subdivision. Featuring over 3,100 Square Feet, 4 bedrooms, 3.5 baths, and a Bonus Room Upstairs. Downstairs you have a Great Room concept with a Spacious Kitchen including upgraded cabinet lighting above and below, an en suite for Guests or In-laws, Study/Flex Space, a separate Guest Bathroom, upgraded flooring, and a whole house reverse osmosis system. Over $70,000 worth of upgrades some of which include a California Room and a Fully Landscaped Front & Back Yard. The 3 Car Garage has an epoxy coating. This home is conveniently located near several lakes that offer great fishing and this home is within walking distance to both K-8 Charter Schools, parks, and The Boathouse Restaurant.

Last Agent to Sell the Property

David Torres

Real Broker License #01944033 Listed on: 07/05/2022

Real Broker

Co-Listed By

Mike Samawi

Compass License #01872701

Last Buyer's Agent

Aradhana Rotkar

Sky Heights Real Estate License #02078443

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,601

Year Built

  • Built in 2019

Lot Details

  • 5,040 Sq Ft Lot
  • Sprinklers on Timer

Parking

  • 3 Car Attached Garage
  • Front Facing Garage
  • Tandem Garage

Home Design

  • Slab Foundation
  • Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,129 Sq Ft Home
  • 2-Story Property
  • Great Room
  • Family or Dining Combination
  • Carbon Monoxide Detectors

Kitchen

  • Built-In Gas Oven
  • Built-In Gas Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry on upper level
  • Sink Near Laundry
  • Laundry Cabinets

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • Natural Gas Connected

Community Details

  • No Home Owners Association
  • Built by The New Home Company
  • Tidewater Subdivision, Plan 3

Listing and Financial Details

  • Assessor Parcel Number 210-370-30

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,601

Year Built

Built in 2019

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Subtype Description: Detached
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: No
  • Stories: 2
  • Year Built: 2019
  • Levels: Two
  • Subdivision: Tidewater
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Gas Oven, Built-In Gas Range, Hood Over Range, Dishwasher, Disposal, Microwave
  • Flooring: Carpet, Tile, Vinyl
  • Master Bathroom Features: Shower Stall(s),Double Sinks,Tub,Walk-In Closet
  • Total Bathrooms: 4
  • Bathroom Features: Tub w/Shower Over
  • Dining Room Features: Dining/Family Combo
  • Kitchen Features: Pantry Closet,Island w/Sink
  • Living Room Features: Great Room
  • Main Level: Bedroom(s),Dining Room,Family Room,Full Bath(s),Garage,Kitchen,Street Entrance
  • Price Per Square Foot: 279.64
  • Square Footage: 3129.00

Exterior Features

  • Builder Name: The New Home Company
  • Construction Materials: Stucco, Frame
  • Foundation: Slab
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 909000.00
  • Lot Features: Auto Sprinkler F&R, Curb(s)/Gutter(s)
  • Pool: No
  • Roof: Tile
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking Features: Attached, Tandem Garage, Garage Facing Front

Utilities

  • Security: Carbon Mon Detector
  • Sewer: In & Connected
  • Utilities: Natural Gas Connected
  • Cooling: Central
  • Electric: 220 Volts
  • Heating: Central
  • Laundry Features: Cabinets, Sink, Upper Floor
  • Water Source: Meter on Site

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • Subdivision Developer: The New Home Company

Schools

  • Senior High School District: Tracy Unified

Lot Info

  • Zoning Description: RES
  • Irrigation: Irrigation Connected
  • Lot Size Acres: 0.1157
  • Lot Size Sq Ft: 5040.00

Tax Info

  • Assessor Parcel Number: 210-370-30
  • Bonds/Assessments/Taxes Description: Local Assessments,Mello Roos
  • Bonds/Assessments/Taxes: Yes

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2022
Closed on
Jul 28, 2022
Sold by
Adams Family Trust
Bought by
Bhusari Milind and Dixit Pallavi
Seller's Agent
David Torres
Real Broker
Buyer's Agent
Aradhana Rotkar
Sky Heights Real Estate
List Price
$909,000
Sold Price
$875,000
Premium/Discount to List
-$34,000
-3.74%
Current Estimated Value
$890,432

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,432
Avg. Annual Appreciation
0.54%
Original Mortgage
$700,000
Outstanding Balance
$661,945
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$228,487

Purchase Details

Closed on
May 1, 2019
Sold by
New Home Company Northern California Llc
Bought by
Adams Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,175
Interest Rate
4%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Bhusari Milind $875,000 New Title Company Name
Adams Family Trust $594,000 First Amer Ttl Home Builders
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bhusari Milind $700,000
Previous Owner Adams Family Trust $475,175
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2022 08/05/22 Sold $875,000 -3.7% $280 / Sq Ft
07/13/2022 07/13/22 Pending -- -- --
07/05/2022 07/05/22 For Sale $909,000 -- $291 / 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 $14,601 $867,300 $260,000 $607,300
2024 $14,662 $892,500 $153,000 $739,500
2023 $14,406 $875,000 $150,000 $725,000
2022 $11,674 $624,366 $126,141 $498,225
2021 $11,471 $612,124 $123,668 $488,456
2020 $11,408 $605,848 $122,400 $483,448
2019 $7,433 $212,812 $112,812 $100,000
Source: Public Records

Agents Affiliated with this Home

  • David Torres

    Seller's Agent in 2022

    David Torres

    Real Broker

    (209) 831-0913

    14 in this area

    39 Total Sales

    David Torres
    Section Image
  • Mike Samawi

    Seller Co-Listing Agent in 2022

    Mike Samawi

    Compass

    (209) 814-6370

    11 in this area

    107 Total Sales

    Mike Samawi
    Section Image
  • Aradhana Rotkar

    Buyer's Agent in 2022

    Aradhana Rotkar

    Sky Heights Real Estate

    (650) 839-3568

    5 in this area

    67 Total Sales

    Aradhana Rotkar
    Section Image
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Map

Source: MetroList

MLS Number: 222089214

MetroList

APN: 210-370-30

California San Joaquin County Lathrop 95330 River Islands

18494 Merritt Dr, Lathrop, CA

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