NOT LISTED FOR SALE

2040 Lobo Ave Merced, CA 95348

Franklin Neighborhood

Estimated Value: $278,000 - $301,000

2 Beds
1 Bath
990 Sq Ft
$291/Sq Ft Est. Value

About This Home

This home is located at 2040 Lobo Ave, Merced, CA 95348 and is currently estimated at $288,362, approximately $291 per square foot. 2040 Lobo 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
Aug 24, 2023
Sold by
Alvarez Isidro and Zaragoza-Alvarez Ruby
Bought by
Isidro Alvarez Living Trust and Alvarez
Current Estimated Value
$288,362

Purchase Details

Closed on
Oct 26, 2006
Sold by
Zaragoza Cipriana
Bought by
Alvarez Isidro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 12, 2002
Sold by
Cardenaz Maria Guadalupe
Bought by
Alvarez Isidro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,602
Interest Rate
5.73%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 13, 1998
Sold by
Quall Robert D and Quall Sheila E
Bought by
Vizcarra Mario and Cardenaz Guadalupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
6.71%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 31, 1998
Sold by
Vizcarra Mario
Bought by
Cardenaz Maria Guadalupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
6.71%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 26, 1998
Sold by
Rodriguez Julian V
Bought by
Cardenaz Maria Guadalupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
6.71%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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

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ICE

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First American

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Quantarium

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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
Isidro Alvarez Living Trust -- None Listed On Document
Alvarez Isidro -- Chicago Title Co
Alvarez Isidro $117,500 Chicago Title Company
Vizcarra Mario $70,000 Fidelity National Title Co
Cardenaz Maria Guadalupe -- Transcounty Title Company
Cardenaz Maria Guadalupe $53,500 Transcounty Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alvarez Isidro $182,000
Previous Owner Alvarez Isidro $74,602
Previous Owner Vizcarra Mario $64,000
Previous Owner Cardenaz Maria Guadalupe $51,520
Closed Alvarez Isidro $45,000
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 $1,759 $170,156 $43,440 $126,716
2024 $1,759 $166,821 $42,589 $124,232
2023 $1,734 $163,551 $41,754 $121,797
2022 $1,709 $160,345 $40,936 $119,409
2021 $1,781 $157,202 $40,134 $117,068
2020 $1,793 $155,591 $39,723 $115,868
2019 $1,767 $152,542 $38,945 $113,597
Source: Public Records

Map

California Merced County Merced 95348 Franklin

2040 Lobo Ave, Merced, CA

Not Listed for Sale

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