NOT LISTED FOR SALE

2003 Lopes Ave Merced, CA 95341

Estimated Value: $358,000 - $387,921

2 Beds
1 Bath
1,126 Sq Ft
$331/Sq Ft Est. Value

Last Sold May 23, 2024

Last sale price $382,000 $339 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,176/month

6 Days on Market

Highlights

  • 9.03 Acre Lot
  • Wood Flooring
  • No HOA
  • Traditional Architecture
  • Private Yard
  • Neighborhood Views

About This Home

As of May 2024

Diamond in the rough!! This 9 acre property sits on the border of the city limits and has a 2 bedroom 1 bathroom home which is in need of TLC. Please note the property needs a well(existing well is dry) and septic. Call before its too late and don't miss out on this opportunity!!

Last Agent to Sell the Property

Christopher Rogers

Tinetti Realty Group License #01992017 Listed on: 03/12/2024

Last Buyer's Agent

Danielle Ortega

The Team Realty License #01951944

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 9.03 Acre Lot
  • Rural Setting
  • Private Yard
  • Front Yard
  • Value in Land
  • Property is zoned A-R

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 1,126 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room with Fireplace
  • Wood Flooring
  • Neighborhood Views
  • Electric Oven
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom
  • Walk-in Shower

Utilities

  • Heating Available
  • Water Not Available
  • Water Heater
  • Septic Type Unknown

Additional Features

  • Accessible Parking
  • Covered Patio or Porch

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 059460017000
  • $487 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: A-R
  • Architectural Style: Traditional
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 059460017000
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1126.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Accessibility Features: Parking
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 339.25
  • Room Type: Family Room, Kitchen
  • Bathroom Features: Shower

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Patio And Porch Features: Covered
  • Pool Private: No
  • Spa: No
  • Construction Materials: Brick, Wood Siding

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Oven, Water Heater
  • Heating Type: Fireplace(s)
  • Laundry Features: Inside
  • Sewer: Unknown
  • Water Source: None

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Value In Land, Yard
  • Lot Size Sq Ft: 393199.00
  • Lot Size Acres: 9.0266
  • Latitude Manual: 37.29999600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 393199.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 15.01
  • Tax Lot: 8
  • TaxOtherAnnualAssessmentAmount: 487.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2024
Closed on
May 16, 2024
Sold by
Robertson Kathryn and Robertson Catherine Ann
Bought by
Castle Assets Llc
Seller's Agent
Christopher Rogers
Tinetti Realty Group
Buyer's Agent
Danielle Ortega
The Team Realty
List Price
$275,000
Sold Price
$382,000
Premium/Discount to List
$107,000
38.91%
Views
138
Current Estimated Value
$372,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,039
Avg. Annual Appreciation
-1.47%
Original Mortgage
$150,000
Outstanding Balance
$147,897
Interest Rate
6.88%
Mortgage Type
Seller Take Back
Estimated Equity
$225,064

Purchase Details

Closed on
Mar 20, 2003
Sold by
Robertson Catherine and Robertson Kathryn
Bought by
The City Of Merced
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Castle Assets Llc $382,000 Transcounty Title Company
The City Of Merced -- Transcounty Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castle Assets Llc $150,000
Closed Castle Assets Llc $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2024 05/23/24 Sold $382,000 +38.9% $339 / Sq Ft
03/18/2024 03/18/24 Pending -- -- --
03/12/2024 03/12/24 For Sale $275,000 -- $244 / 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 $2,722 $389,640 $275,400 $114,240
2024 $2,722 $235,513 $135,874 $99,639
2023 $2,796 $230,896 $133,210 $97,686
2022 $2,760 $226,370 $130,599 $95,771
2021 $2,750 $221,933 $128,039 $93,894
2020 $2,769 $219,659 $126,727 $92,932
2019 $2,683 $215,353 $124,243 $91,110
2018 $2,468 $211,131 $121,807 $89,324
2017 $2,553 $206,992 $119,419 $87,573
2016 $2,272 $202,934 $117,078 $85,856
2015 $2,456 $199,887 $115,320 $84,567
2014 $2,410 $195,973 $113,062 $82,911
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC24049161

California Regional Multiple Listing Service (CRMLS)

APN: 059-460-017