NOT LISTED FOR SALE

1901 Driftwood Dr Unit 2 Merced, CA 95348

Estimated Value: $196,227 - $227,000

2 Beds
1.5 Baths
884 Sq Ft
$238/Sq Ft Est. Value

Last Sold January 28, 2014

Last sale price $55,000 $62 Per Sq Ft

Est. 282% increase in value since last sale

Current estimated payment $1,272/month

91 Days on Market

Highlights

  • End Unit
  • Breakfast Area or Nook
  • Central Heating and Cooling System
  • Neighborhood Views

About This Home

As of January 2014

Very nice starter home or investment property. Current owner had rented for $625.00, previously $650.00. New carpets, new floor tile, fresh paint inside and out, 2 bedrooms and full bath upstairs, laundry and half bath downstairs. Tile roof on four unit condo building. Two designated covered parking spaces each unit. $110.00 per month association fees covers water, sewer, garbage, structural insurance, landscape maintenance. New heat and air approximately one year ago. Blinds on all windows. Has small private patio. Immaculate and move in ready.

Last Agent to Sell the Property

Melinda Price

London Properties Ltd - Merced License #01116263 Listed on: 10/09/2013

London Properties Ltd - Merced

Co-Listed By

Jerry Price

London Properties Ltd - Merced License #01244564

Last Buyer's Agent

David Love

David Alan Love License #01149257

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $720

Year Built

  • Built in 1984

Lot Details

  • 6,000 Sq Ft Lot
  • End Unit
  • 1 Common Wall

HOA Fees

  • $110 Monthly HOA Fees

Interior Spaces

  • 884 Sq Ft Home
  • 2-Story Property
  • Neighborhood Views
  • Breakfast Area or Nook

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces
  • Parking Available
  • Assigned Parking

Utilities

  • Central Heating and Cooling System

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 058250008

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$720

Year Built

Built in 1984

Lot Details

0

HOA Fees

$110 per month

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Road Surface Type: Maintained
  • View: Yes
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 058250008
  • Year Built: 1984
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 884.00
  • Stories: 2
  • Common Walls: 1 Common Wall, End Unit
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Breakfast Nook
  • Levels: Two
  • Price Per Square Foot: 62.22
  • Room Type: All Bedrooms Up

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Carport
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Heating Type: Central
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 110.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Size Sq Ft: 6000.00
  • Lot Size Acres: 0.1380

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6000.0000 Square Feet
  • Number Of Units In Community: 4
  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2013
Closed on
Jan 17, 2014
Sold by
Matheiu Roland J and Matheiu Carolyn V
Bought by
Wei Jin & Peiqing Zou Family Trust
Seller's Agent
Melinda Price
London Properties Ltd - Merced
Buyer's Agent
David Love
David Alan Love
List Price
$69,900
Sold Price
$55,000
Premium/Discount to List
-$14,900
-21.32%
Current Estimated Value
$210,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,076
Avg. Annual Appreciation
12.09%

Purchase Details

Closed on
Jul 21, 2003
Sold by
Mathieu Roland J and Mathieu Carolyn V
Bought by
Mathieu Roland J and Mathieu Carolyn V
Source: Public Records

Range of Values:

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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
Wei Jin & Peiqing Zou Family Trust $55,000 Fidelity National Title Comp
Mathieu Roland J -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2014 01/28/14 Sold $55,000 -8.2% $62 / Sq Ft
01/08/2014 01/08/14 Pending -- -- --
11/14/2013 11/14/13 Price Changed $59,900 -7.7% $68 / Sq Ft
10/29/2013 10/29/13 Price Changed $64,900 -7.2% $73 / Sq Ft
10/09/2013 10/09/13 For Sale $69,900 -- $79 / 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 $720 $67,411 $18,382 $49,029
2024 $720 $66,090 $18,022 $48,068
2023 $710 $64,795 $17,669 $47,126
2022 $699 $63,525 $17,323 $46,202
2021 $698 $62,281 $16,984 $45,297
2020 $701 $61,643 $16,810 $44,833
2019 $691 $60,435 $16,481 $43,954
2018 $630 $59,251 $16,158 $43,093
2017 $654 $58,091 $15,842 $42,249
2016 $643 $56,953 $15,532 $41,421
2015 $633 $56,098 $15,299 $40,799
2014 -- $55,000 $15,000 $40,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC13206145

California Regional Multiple Listing Service (CRMLS)

APN: 058-250-008