NOT LISTED FOR SALE

Estimated Value: $315,000 - $344,000

3 Beds
1 Bath
1,560 Sq Ft
$208/Sq Ft Est. Value

About This Home

This home is located at 2022 Drake Ave, Merced, CA 95348 and is currently estimated at $324,865, approximately $208 per square foot. 2022 Drake Ave is a home located in Merced County with nearby schools including Franklin Elementary School, Rudolph Rivera Middle School, and Buhach Colony High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 27, 2022
Sold by
Dolores Garcia
Bought by
Garcia Dolores and Garcia Enrique
Current Estimated Value
$324,865

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,000
Outstanding Balance
$73,059
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$254,265

Purchase Details

Closed on
Feb 8, 2011
Sold by
Garcia Enrique and Garcia Dolores
Bought by
Garcia Dolores

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,500
Interest Rate
4.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 2009
Sold by
Garcia Raul M and Garcia Medelia
Bought by
Garcia Enrique and Garcia Dolores

Purchase Details

Closed on
Oct 5, 1999
Sold by
Hud
Bought by
Garcia Raul M and Garcia Nedelia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,922
Interest Rate
7.76%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 25, 1998
Sold by
Norwest Mtg Inc
Bought by
Hud
Source: Public Records

Range of Values:

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.

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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.

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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.

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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.

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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
Garcia Dolores -- Placer Title
Garcia Enrique -- Placer Title
Garcia Dolores -- Ticor Title Tustin Orange Co
Garcia Enrique -- None Available
Garcia Raul M $57,500 North American Title Co
Hud -- Chicago Title Co
Norwest Mtg Inc $78,724 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Enrique $87,000
Closed Garcia Dolores $87,000
Previous Owner Garcia Dolores $51,500
Previous Owner Lamb Leo E $200,000
Previous Owner Garcia Raul M $56,922
Source: Public Records

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 $972 $95,034 $20,808 $74,226
2024 $972 $93,171 $20,400 $72,771
2023 $958 $91,345 $20,000 $71,345
2022 $943 $89,555 $19,608 $69,947
2021 $939 $87,800 $19,224 $68,576
2020 $944 $86,900 $19,027 $67,873
2019 $929 $85,197 $18,654 $66,543
2018 $848 $83,528 $18,289 $65,239
2017 $877 $81,891 $17,931 $63,960
2016 $863 $80,286 $17,580 $62,706
2015 $848 $79,081 $17,316 $61,765
2014 $830 $77,533 $16,977 $60,556
Source: Public Records

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