NOT LISTED FOR SALE

2016 E Olive Ave Merced, CA 95340

North Merced Neighborhood

Estimated Value: $429,000 - $498,000

4 Beds
2 Baths
2,100 Sq Ft
$220/Sq Ft Est. Value

Last Sold May 31, 2019

Last sale price $335,900 $160 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,752/month

8 Days on Market

Highlights

  • 0.35 Acre Lot
  • No HOA
  • Central Heating
  • 1 Fireplace
  • Living Room

About This Home

As of May 2019

Original farm house updated with dual pane windows, central air and heat, remodeled kitchen with 5 burner gas stove, dishwasher, quartz counters, new cabinets, living room with original wood floors, crown molding, gas insert, large bedroom downstairs opens to private yard.

Last Agent to Sell the Property

Sandra Rahilly

Coldwell Banker Premier Real Estate License #00851351 Listed on: 05/03/2019

Coldwell Banker Premier Real Estate

Last Buyer's Agent

Sandra Rahilly

Coldwell Banker Premier Real Estate License #00851351 Listed on: 05/03/2019

Coldwell Banker Premier Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1925

Lot Details

  • 0.35 Acre Lot
  • Zoning described as R-1-6

Parking

  • 1 Car Garage

Home Design

  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 2,100 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Living Room
  • Laundry in unit

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 008-220-002-000

Home Details

Home Type

Single Family

Year Built

Built in 1925

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Subtype Description: Detached
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: Unknown
  • Year Built: 1925
  • Stories: 2
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Flooring: Laminate,Vinyl,Wood
  • Bathroom Features: See Remarks
  • Bathrooms: 2.00
  • Dining Room Features: Formal Area,Space in Kitchen
  • Room Type: Baths Other
  • Main Level: Bedroom(s),Full Bath(s)
  • Price Per Square Foot: 159.95
  • Square Footage: 2100

Exterior Features

  • Construction Materials: See Remarks
  • Foundation: Raised
  • Listing Price: 339900.00
  • Pool: No
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1
  • Driveway/Sidewalks: Paved Sidewalk

Utilities

  • Sewer: Public Sewer
  • Utilities: See Remarks
  • 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: R-1-6
  • Irrigation: Public District
  • Lot Size Acres: 0.3500
  • Lot Size Sq Ft: 15246

Tax Info

  • Assessor Parcel Number: 008-220-002-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Merced

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2019
Closed on
May 28, 2019
Sold by
Gunther Elisabeth
Bought by
Madden Gregory C
Seller's Agent
Sandra Rahilly
Coldwell Banker Premier Real Estate
Buyer's Agent
Sandra Rahilly
Coldwell Banker Premier Real Estate
List Price
$339,900
Sold Price
$335,900
Premium/Discount to List
-$4,000
-1.18%
Current Estimated Value
$462,910

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,010
Avg. Annual Appreciation
4.99%

Purchase Details

Listed on
Jun 27, 2015
Closed on
Sep 4, 2015
Sold by
Gunther Herbert Chao
Bought by
Gunther Elisabeth
Seller's Agent
Sheila Splitt
Century 21 Select Real Estate
Buyer's Agent
Sandra Rahilly
Coldwell Banker Premier Real Estate
List Price
$287,000
Sold Price
$270,000
Premium/Discount to List
-$17,000
-5.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.25%
Original Mortgage
$243,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 27, 2015
Closed on
Aug 27, 2015
Sold by
Ryan Russell A and Ryan Alisha
Bought by
Gunther Elisabeth
Seller's Agent
Sheila Splitt
Century 21 Select Real Estate
Buyer's Agent
Sandra Rahilly
Coldwell Banker Premier Real Estate
List Price
$287,000
Sold Price
$270,000
Premium/Discount to List
-$17,000
-5.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 2011
Sold by
Orchard Terrace Estates Llc
Bought by
Ryan Russell A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,513
Interest Rate
3.95%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 21, 2011
Sold by
Norrell Antonio J and Norrell Kimberley R
Bought by
Orchard Terrace Estates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,513
Interest Rate
3.95%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 9, 2008
Sold by
Wells Fargo Bank Na
Bought by
Norrell Antonio J and Norrell Kimberley R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,627
Interest Rate
6.07%
Mortgage Type
VA

Purchase Details

Closed on
May 6, 2008
Sold by
Borja David M and Borja Lisa R
Bought by
Wells Fargo Bank Na

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,627
Interest Rate
6.07%
Mortgage Type
VA

Purchase Details

Closed on
Nov 7, 2005
Sold by
Taliaferro Lynn R and Taliaferro Juanna L
Bought by
Borja David M and Borja Lisa R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,000
Interest Rate
6.87%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Madden Gregory C $336,000 First American Title Company
Gunther Elisabeth -- First American Title Company
Gunther Elisabeth $270,000 First American Title Company
Ryan Russell A -- First American Title Company
Orchard Terrace Estates Llc $126,000 Pacific Coast Title
Norrell Antonio J $220,000 Lsi Title Agency
Wells Fargo Bank Na $138,512 None Available
Borja David M $615,000 Alliance Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gunther Elisabeth $243,000
Previous Owner Ryan Russell A $172,513
Previous Owner Norrell Antonio J $224,627
Previous Owner Borja David M $492,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/31/2019 05/31/19 Sold $335,900 -1.2% $160 / Sq Ft
05/11/2019 05/11/19 Pending -- -- --
05/03/2019 05/03/19 For Sale $339,900 +25.9% $162 / Sq Ft
10/26/2015 10/26/15 Sold $270,000 -5.9% $129 / Sq Ft View Prior Sale
08/13/2015 08/13/15 Pending -- -- --
06/27/2015 06/27/15 For Sale $287,000 -- $137 / 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 $3,928 $373,693 $72,505 $301,188
2024 $3,928 $366,367 $71,084 $295,283
2023 $3,873 $359,185 $69,691 $289,494
2022 $3,822 $352,143 $68,325 $283,818
2021 $3,814 $345,239 $66,986 $278,253
2020 $3,844 $341,700 $66,300 $275,400
2019 $3,162 $286,525 $47,754 $238,771
2018 $2,883 $280,908 $46,818 $234,090
2017 $2,991 $275,400 $45,900 $229,500
2016 $2,943 $270,000 $45,000 $225,000
2015 $2,033 $188,680 $11,724 $176,956
2014 $1,988 $184,985 $11,495 $173,490
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2019

    Sandra Rahilly

    Coldwell Banker Premier Real Estate

    Section Image
  • Sheila Splitt

    Seller's Agent in 2015

    Sheila Splitt

    Century 21 Select Real Estate

    (209) 261-4410

    17 in this area

    55 Total Sales

    Sheila Splitt
    Section Image
See All Agents

Map

Source: MetroList

MLS Number: 19029082

MetroList

APN: 008-220-002

California Merced County Merced 95340 North Merced

2016 E Olive Ave, Merced, CA

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MetroList IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes