NOT LISTED FOR SALE

2011 E Olive Ave Merced, CA 95340

North Merced Neighborhood

Estimated Value: $498,000 - $640,624

3 Beds
2.5 Baths
2,733 Sq Ft
$213/Sq Ft Est. Value

Last Sold October 23, 2017

Last sale price $388,000 $142 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $3,434/month

43 Days on Market

Highlights

  • Private Pool
  • 0.65 Acre Lot
  • No HOA
  • Custom Home
  • Family Room with Fireplace
  • 2 Car Attached Garage

About This Home

As of October 2017

Enter through the wrought iron security gate. Entry has ornate tile and beautiful wood walls. The kitchen has granite counters, island with sink, double ovens, flat top stove, trash compactor, breakfast nook. The beautiful family room has fireplace with large brick hearth, french doors, high beamed ceilings and built in cabinetry. Step down to an inviting living room to experience more cabinetry, french doors, skylight, plant shelves. 3 bedrooms, 2.5 baths and indoor laundry.

Last Agent to Sell the Property

Sheila Splitt

Century 21 Select Real Estate License #01306416 Listed on: 06/05/2017

Century 21 Select Real Estate

Last Buyer's Agent

Non-MLS Member

Non-MLS Office

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1956

Lot Details

  • 0.65 Acre Lot
  • Zoning described as r1

Parking

  • 2 Car Attached Garage

Home Design

  • Custom Home
  • Raised Foundation
  • Shake Roof

Interior Spaces

  • 2,733 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • 2 Fireplaces
  • Laundry in unit

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Separate Shower

Additional Features

  • Private Pool
  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 008-060-026-000

Home Details

Home Type

Single Family

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Subtype Description: Custom
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: Unknown
  • Year Built: 1956
  • Stories: 1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Compactor,Double Oven,Electric Cook Top
  • Fireplace Features: Family Room
  • Fireplaces: 2
  • Flooring: Carpet,Laminate,Tile,Wood
  • Master Bathroom Features: Shower Stall(s)
  • Master Bedroom Features: Closet,Outside Access
  • Bathroom Features: Double Sinks,Shower Stall(s),Tub w/Shower Over
  • Bathrooms: 3.00
  • Dining Room Features: Breakfast Nook,Dining/Living Combo
  • Kitchen Features: Granite Counter,Island w/Sink
  • Room Type: Baths Other,Master Bathroom,Master Bedroom
  • Price Per Square Foot: 141.97
  • Square Footage: 2733

Exterior Features

  • Construction Materials: Frame,See Remarks
  • Fencing: Back Yard,Front Yard
  • Foundation: Raised
  • Horse Property: No
  • Listing Price: 399900.00
  • Lot Features: Street Lights
  • Pool Features: Built-In,On Lot
  • Pool: Yes
  • Roof: Shake

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached
  • Driveway/Sidewalks: Paved Sidewalk

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Sewer: Sewer Connected
  • Utilities: All Public
  • Cooling: Ceiling Fan(s),Central
  • Heating: Central
  • Laundry Features: Inside Room
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Merced Union High

Lot Info

  • Zoning Description: r1
  • Irrigation: Public District
  • Lot Size Acres: 0.6500
  • Lot Size Sq Ft: 28314

Tax Info

  • Assessor Parcel Number: 008-060-026-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Merced

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 10, 2022
Sold by
Purnell Mark
Bought by
Mark Purnell Living Trust
Current Estimated Value
$581,406

Purchase Details

Closed on
Aug 1, 2017
Sold by
Tsao Peggy
Bought by
Purnell Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 12, 2014
Closed on
Apr 10, 2014
Sold by
Fannie Mae
Bought by
Tsao Peggy
Seller's Agent
Randy Hayer
Realty Executives of Northern California
Buyer's Agent
Non-MLS Member
Non-MLS Office
List Price
$319,900
Sold Price
$312,000
Premium/Discount to List
-$7,900
-2.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.46%

Purchase Details

Closed on
Aug 15, 2013
Sold by
Patterson Gerald D
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 6, 2006
Sold by
Patterson Gerald D
Bought by
Gerald D Patterson Chiropractic Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,000
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 22, 2005
Sold by
Patterson Gerald D and Patterson Anita C
Bought by
Gerald D Patterson Chiropractic Corp

Purchase Details

Closed on
Jun 1, 2004
Sold by
Patterson Gerald D and Patterson Anita C
Bought by
Patterson Gerald D and Patterson Anita C

Purchase Details

Closed on
May 19, 2004
Sold by
Gerald D Patterson Chiropractic Corp
Bought by
Patterson Gerald D and Patterson Anita C

Purchase Details

Closed on
Oct 21, 2003
Sold by
Patterson Gerald D
Bought by
Gerald D Patterson Chiropractic Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 19, 2003
Sold by
Patterson Gerald D
Bought by
Gerald D Patterson Chiropratic Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 11, 2003
Sold by
Patterson Gerald D
Bought by
Patterson Gerald D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 30, 2002
Sold by
Gerald D Patterson Chiropratic Corp
Bought by
Patterson Gerald D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 20, 2000
Sold by
Patterson Gerald D
Bought by
Gerald D Patterson Chiropractic Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
7.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 21, 2000
Sold by
Patterson Anita C
Bought by
Patterson Gerald D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
7.98%
Mortgage Type
Purchase Money Mortgage
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
Mark Purnell Living Trust -- --
Purnell Mark $388,000 Fidelity National Title
Tsao Peggy -- Fidelity National Title
Tsao Peggy $312,000 Service Link
Federal National Mortgage Association $365,608 Accommodation
Gerald D Patterson Chiropractic Corp -- Alliance Title Company
Patterson Gerald D -- Alliance Title Company
Patterson Gerald D -- Alliance Title Company
Gerald D Patterson Chiropractic Corp -- Alliance Title Company
Gerald D Patterson Chiropractic Corp -- --
Patterson Gerald D -- --
Patterson Gerald D -- --
Gerald D Patterson Chiropractic Corp -- Alliance Title Company
Patterson Gerald D -- Alliance Title Company
Gerald D Patterson Chiropratic Corp -- Chicago Title Company
Patterson Gerald D -- Chicago Title Company
Patterson Gerald D -- Chicago Title Company
Gerald D Patterson Chiropractic Corp -- --
Patterson Gerald D -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Purnell Mark $188,000
Previous Owner Gerald D Patterson Chiropractic Corp $351,000
Previous Owner Patterson Gerald D $360,000
Previous Owner Patterson Gerald D $340,000
Previous Owner Patterson Gerald D $288,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/23/2017 10/23/17 Sold $388,000 -8.7% $142 / Sq Ft
07/18/2017 07/18/17 Pending -- -- --
06/05/2017 06/05/17 For Sale $425,000 +36.2% $156 / Sq Ft
04/15/2014 04/15/14 Sold $312,000 0.0% $114 / Sq Ft View Prior Sale
04/15/2014 04/15/14 Sold $312,000 -2.5% $114 / Sq Ft View Prior Sale
03/28/2014 03/28/14 Pending -- -- --
03/28/2014 03/28/14 Pending -- -- --
03/12/2014 03/12/14 Price Changed $319,900 0.0% $117 / Sq Ft
03/12/2014 03/12/14 For Sale $319,900 -3.0% $117 / Sq Ft
02/05/2014 02/05/14 Price Changed $329,900 -5.4% $121 / Sq Ft
12/31/2013 12/31/13 Price Changed $348,900 -2.8% $128 / Sq Ft
11/29/2013 11/29/13 For Sale $358,900 -- $131 / 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 $4,652 $441,474 $51,200 $390,274
2024 $4,652 $432,819 $50,197 $382,622
2023 $4,587 $424,333 $49,213 $375,120
2022 $4,527 $416,014 $48,249 $367,765
2021 $4,518 $407,857 $47,303 $360,554
2020 $4,553 $403,675 $46,818 $356,857
2019 $4,485 $395,760 $45,900 $349,860
2018 $4,093 $388,000 $45,000 $343,000
2017 $3,683 $329,546 $52,811 $276,735
2016 $3,625 $323,085 $51,776 $271,309
2015 $3,568 $318,233 $50,999 $267,234
2014 $3,636 $325,000 $40,000 $285,000
Source: Public Records

Agents Affiliated with this Home

  • Sheila Splitt

    Seller's Agent in 2017

    Sheila Splitt

    Century 21 Select Real Estate

    (209) 261-4410

    17 in this area

    55 Total Sales

    Sheila Splitt
    Section Image

  • N

    Buyer's Agent in 2017

    Non-MLS Member

    Non-MLS Office

  • Randy Hayer

    Seller's Agent in 2014

    Randy Hayer

    Realty Executives

    (209) 765-3767

    35 in this area

    264 Total Sales

    Randy Hayer
    Section Image

  • N

    Buyer's Agent in 2014

    NON` MEMBER

    NON MEMBER

  • D

    Buyer's Agent in 2014

    Default zDefault Member

    zDefault Office

  • S

    Buyer's Agent in 2014

    Shufang Chen

    Bay Realty Group, Inc.

    Section Image
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Map

Source: MetroList

MLS Number: 17034790

MetroList

APN: 008-060-026

California Merced County Merced 95340 North Merced

2011 E Olive Ave, Merced, CA

Not Listed for Sale

Detached

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