NOT LISTED FOR SALE

1951 Union Ave Merced, CA 95340

Estimated Value: $269,000 - $385,000

3 Beds
2 Baths
1,900 Sq Ft
$176/Sq Ft Est. Value

Last Sold July 03, 2019

Last sale price $213,000 $112 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $1,955/month

About This Home

A nice and very affordable home in Merced. 3 bedrooms, 2 bathrooms, approximately 1,900 square feet. Home was originally a 2 bedroom, 1 bath home that has been updated to 3 bedrooms, 2 bathrooms. Good for a larger family or as a rental property. Good location! Near markets, schools and bus stops.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2019
Closed on
Jul 1, 2019
Sold by
Arellano Ramon
Bought by
Arellano Jennifer Marie
Seller's Agent
Matthew Ostdiek
Ostdiek Realty
Buyer's Agent
Teri Kleinen
BHGRE Everything Real Estate
List Price
$210,000
Sold Price
$213,000
Premium/Discount to List
$3,000
1.43%
Current Estimated Value
$335,126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,126
Avg. Annual Appreciation
7.20%
Original Mortgage
$213,000
Outstanding Balance
$187,292
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$147,834

Purchase Details

Listed on
May 1, 2019
Closed on
Jun 25, 2019
Sold by
Triple L Properties Llc
Bought by
Arellano Jennifer Marie
Seller's Agent
Matthew Ostdiek
Ostdiek Realty
Buyer's Agent
Teri Kleinen
BHGRE Everything Real Estate
List Price
$210,000
Sold Price
$213,000
Premium/Discount to List
$3,000
1.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,000
Outstanding Balance
$187,292
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$147,834

Purchase Details

Closed on
May 1, 2017
Sold by
Triple L Properties Llc
Bought by
Triple L Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
4.14%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 14, 2011
Sold by
Federal National Mortgage Association
Bought by
Triple Lproperties Lp

Purchase Details

Closed on
Mar 28, 2011
Sold by
Barrios Lucinda E and Alvarez Lucio
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 23, 2004
Sold by
Virgilio Quincy A and Virgilio Lynn A
Bought by
Barrios Lucinda E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,920
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 22, 2004
Sold by
Virgilio Quincy A and Virgilio Lynn A
Bought by
Virgilio Quincy A and Virgilio Lynn A

Purchase Details

Closed on
Sep 30, 2002
Sold by
Bronte Robert Scott and Robert Scott Bronte Trust
Bought by
Virgilio Quincy A and Virgilio Lynn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
6.5%

Purchase Details

Closed on
Jun 21, 2002
Sold by
Garcia Garcia Jr Anthony D Jr Anthony D and Garcia Horta Sherry L
Bought by
Bronte Robert Scott and Robert Scott Bronte Trust
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
Arellano Jennifer Marie -- Transcounty Title Company
Arellano Jennifer Marie $213,000 Transcounty Title Company
Triple L Properties Llc -- Transcounty Title Company
Triple Lproperties Lp $45,000 Transcounty Title Company
Federal National Mortgage Association $190,916 Accommodation
Barrios Lucinda E $190,000 Fidelity Title Company
Virgilio Quincy A -- --
Virgilio Quincy A $120,000 Fidelity Title Company
Bronte Robert Scott $85,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arellano Jennifer Marie $213,000
Previous Owner Triple L Properties Llc $700,000
Previous Owner Barrios Lucinda E $151,920
Previous Owner Virgilio Quincy A $96,000
Closed Barrios Lucinda E $37,980
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/03/2019 07/03/19 Sold $213,000 +1.4% $112 / Sq Ft View Prior Sale
05/03/2019 05/03/19 Pending -- -- --
05/01/2019 05/01/19 For Sale $210,000 -- $111 / Sq Ft

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 $2,465 $232,941 $65,616 $167,325
2024 $2,465 $228,375 $64,330 $164,045
2023 $2,431 $223,898 $63,069 $160,829
2022 $2,399 $219,509 $61,833 $157,676
2021 $2,394 $215,206 $60,621 $154,585
2020 $2,412 $213,000 $60,000 $153,000
2019 $594 $50,663 $11,257 $39,406
2018 $542 $49,671 $11,037 $38,634
2017 $561 $48,698 $10,821 $37,877
2016 $553 $47,744 $10,609 $37,135
2015 $545 $47,028 $10,450 $36,578
2014 $533 $46,108 $10,246 $35,862
Source: Public Records

Agents Affiliated with this Home

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