NOT LISTED FOR SALE

2053 Drake Ave Merced, CA 95348

Franklin Neighborhood

Estimated Value: $267,000 - $354,000

3 Beds
2 Baths
1,791 Sq Ft
$180/Sq Ft Est. Value

About This Home

This home is located at 2053 Drake Ave, Merced, CA 95348 and is currently estimated at $322,543, approximately $180 per square foot. 2053 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
May 1, 2025
Sold by
Colella Patricia L
Bought by
Colella Patricia L and Colella Jay Michael
Current Estimated Value
$323,489

Purchase Details

Closed on
Dec 12, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Coletta Rocco J and Colella Patricia L

Purchase Details

Closed on
Jul 7, 2010
Sold by
Ramirez Michael V and Ramirez Maria L
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Mar 4, 2005
Sold by
Kelcor Inc
Bought by
Ramirez Michael V and Ramirez Maria L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,920
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 26, 2005
Sold by
Kelly Paul R
Bought by
Kelcor Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,920
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 19, 2004
Sold by
Kelly Connie
Bought by
Kelly Paul R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,500
Interest Rate
5.65%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Sep 14, 2004
Sold by
Kelly Paul
Bought by
Kelcor Inc

Purchase Details

Closed on
Jul 26, 2004
Sold by
Mckinney Elex
Bought by
Kelly Paul

Purchase Details

Closed on
Jul 23, 2004
Sold by
Kelly Connie
Bought by
Kelly Paul
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.

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
Colella Patricia L -- None Listed On Document
Coletta Rocco J $57,500 Stewart Title Of California
Federal Home Loan Mortgage Corporation $86,090 First American Title Ins Co
Ramirez Michael V $230,000 Fidelity National Title Comp
Kelcor Inc -- --
Kelly Paul R -- Fidelity Title Company
Kelly Paul R -- Fidelity Title Company
Kelcor Inc -- --
Kelly Paul -- Fd Fidelity Title Company
Kelly Paul -- Fd Fidelity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ramirez Michael $24,000
Previous Owner Ramirez Michael $216,000
Previous Owner Ramirez Michael V $183,920
Previous Owner Kelly Paul R $123,500
Closed Ramirez Michael V $45,980
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 $815 $72,839 $10,672 $62,167
2024 $815 $71,412 $10,463 $60,949
2023 $804 $70,012 $10,258 $59,754
2022 $792 $68,640 $10,057 $58,583
2021 $791 $67,295 $9,860 $57,435
2020 $795 $66,606 $9,759 $56,847
2019 $783 $65,301 $9,568 $55,733
2018 $717 $64,022 $9,381 $54,641
2017 $742 $62,768 $9,198 $53,570
2016 $732 $61,538 $9,018 $52,520
2015 $721 $60,615 $8,883 $51,732
2014 $706 $59,428 $8,709 $50,719
Source: Public Records

Map

California Merced County Merced 95348 Franklin

2053 Drake Ave, Merced, CA

This home is located at 2053 Drake Ave, Merced, CA 95348 and is currently estimated at $322,543, approximately $180 per square foot. 2053 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.

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.

Nearby Homes