NOT LISTED FOR SALE

2055 Orchard Ln Merced, CA 95340

Downtown Merced Neighborhood

Estimated Value: $361,000 - $375,000

3 Beds
2 Baths
1,662 Sq Ft
$220/Sq Ft Est. Value

Last Sold July 01, 2016

Last sale price $128,500 $77 Per Sq Ft

Est. 184% increase in value since last sale

Current estimated payment $2,215/month

16 Days on Market

Highlights

  • Great Room
  • No HOA
  • Eat-In Kitchen
  • Lawn
  • Neighborhood Views
  • Evaporated cooling system

About This Home

As of July 2016

OLDER 2 STORY, 3BDRM, 2BTH, HOME IN CENTRAL EAST MERCED. ESTABLISHED NEIGHBORHOOD WITH MATUTE TREES AND SHRUBS. NEEDS TLC, HOWVER, FIRST TIME BUYER OR INVESTOR COULD MAKE THIS WORK.

Last Agent to Sell the Property

Jerry Price

London Properties Ltd - Merced License #01244564 Listed on: 04/06/2016

London Properties Ltd - Merced

Co-Listed By

Melinda Price

London Properties Ltd - Merced License #01116263

Last Buyer's Agent

Randy Hayer

Realty Executives Of Northern California License #01251542

Realty Executives Of Northern California

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,707

Year Built

  • Built in 1941

Lot Details

  • 5,500 Sq Ft Lot
  • Lawn

Parking

  • 1 Car Garage

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding
  • Plaster

Interior Spaces

  • 1,662 Sq Ft Home
  • Wood Burning Fireplace
  • Great Room
  • Family Room
  • Neighborhood Views

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Evaporated cooling system
  • Wall Furnace

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 034085004

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,707

Year Built

Built in 1941

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Architectural Style: Bungalow
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 034085004
  • Year Built: 1941
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1662.00
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Area
  • Fireplace Features: Wood Burning
  • Levels: Two
  • Price Per Square Foot: 77.32
  • Room Type: Family Room, Great Room

Exterior Features

  • Patio: No
  • View: Neighborhood
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Brick, Plaster, Wood Siding

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Natural Gas Available, Sewer Connected
  • Heating: Yes
  • Appliances: Gas Oven, Gas Range
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Water Source: Public
  • Cooling: Evaporative Cooling
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Schools

  • School District: Merced Union

Lot Info

  • Land Lease: No
  • Lot Features: Lawn
  • Lot Size Sq Ft: 5500.00
  • Price Per Lot Square Foot: 23.36

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 16, 2018
Sold by
Adel Jawad Mohammad Kamal and Adel Alhmeidi Taha Jameel
Bought by
Robinson Kermit
Current Estimated Value
$364,957

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Outstanding Balance
$174,036
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$193,234

Purchase Details

Listed on
Apr 6, 2016
Closed on
May 25, 2016
Sold by
Marks Ronald H and Ronald H Marks Trust
Bought by
Adel Jawad Mohammad Kamal and Adel Alhmeidi Taha Jameel
Seller's Agent
Jerry Price
London Properties Ltd - Merced
Buyer's Agent
Randy Hayer
Realty Executives Of Northern California
List Price
$134,900
Sold Price
$128,500
Premium/Discount to List
-$6,400
-4.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.16%
Original Mortgage
$87,500
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 15, 2000
Sold by
Marks Alice K
Bought by
Marks Alice K and Marks 2000 Revocable T Alice K
Source: Public Records

Range of Values:

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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
Robinson Kermit $225,000 Fidelity National Title
Adel Jawad Mohammad Kamal $128,500 Transcounty Title Company
Marks Alice K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robinson Kermit $202,500
Previous Owner Adel Jawad Mohammad Kamal $87,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2016 07/01/16 Sold $128,500 -4.7% $77 / Sq Ft
04/22/2016 04/22/16 Pending -- -- --
04/06/2016 04/06/16 For Sale $134,900 0.0% $81 / Sq Ft
09/16/2015 09/16/15 Rented $895 0.0% --
08/02/2015 08/02/15 For Rent $895 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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 $2,707 $256,007 $51,200 $204,807
2024 $2,707 $250,989 $50,197 $200,792
2023 $2,670 $246,068 $49,213 $196,855
2022 $2,634 $241,245 $48,249 $192,996
2021 $2,628 $236,515 $47,303 $189,212
2020 $2,648 $234,090 $46,818 $187,272
2019 $2,610 $229,500 $45,900 $183,600
2018 $2,557 $241,740 $45,900 $195,840
2017 $2,654 $237,000 $45,000 $192,000
2016 $949 $83,234 $12,454 $70,780
2015 $934 $81,984 $12,267 $69,717
2014 $914 $80,379 $12,027 $68,352
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Jerry Price

    London Properties Ltd - Merced

    (209) 383-0245

    7 in this area

    55 Total Sales

    Jerry Price
    Section Image
  • Melinda Price

    Seller Co-Listing Agent in 2016

    Melinda Price

    London Properties Ltd - Merced

    (209) 617-2851

    9 in this area

    73 Total Sales

    Melinda Price
    Section Image
  • Randy Hayer

    Buyer's Agent in 2016

    Randy Hayer

    Realty Executives

    (209) 765-3767

    13 in this area

    274 Total Sales

    Randy Hayer
    Section Image

  • N

    Seller's Agent in 2015

    Nick Nakamura

    BHGRE Everything Real Estate

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC16073295

California Regional Multiple Listing Service (CRMLS)

APN: 034-085-004

California Merced County Merced 95340 Downtown Merced

2055 Orchard Ln, Merced, CA

This home is located at 2055 Orchard Ln, Merced, CA 95340 since 06 April 2016 and is currently estimated at $364,957, approximately $219 per square foot. This property was built in 1941. 2055 Orchard Ln is a home located in Merced County with nearby schools including Charles Wright Elementary School, Herbert Hoover Middle School, and Golden Valley 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.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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