NOT LISTED FOR SALE

2292 Palermo Dr Los Banos, CA 93635

Estimated Value: $526,000 - $624,968

5 Beds
3 Baths
3,001 Sq Ft
$194/Sq Ft Est. Value

About This Home

This home is located at 2292 Palermo Dr, Los Banos, CA 93635 and is currently estimated at $583,242, approximately $194 per square foot. 2292 Palermo Dr is a home located in Merced County with nearby schools including Grasslands Elementary School, Los Banos Junior High School, and Pacheco High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 8, 2021
Sold by
Avila Ismael Madera and Madera Josle
Bought by
Avila Ismael Madera and Madera Josie
Current Estimated Value
$583,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Outstanding Balance
$164,221
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$419,021

Purchase Details

Closed on
Aug 21, 2015
Sold by
Avila Ismael Madera and Madera Josie
Bought by
Avila Ismael Madera and Madera Josie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,000
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 2014
Sold by
Elias Jorge
Bought by
Elias Jorge and Madera Ismael

Purchase Details

Closed on
Jun 22, 2010
Sold by
Elias Angelica C
Bought by
Elias Jorge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
4.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2010
Sold by
Madera Ismael and Madera Josie
Bought by
Elias Jorge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
4.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2005
Sold by
Montilla Liesenia and Montilla Alvaro
Bought by
Madera Ismael and Madera Josie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,000
Interest Rate
5.84%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Sep 5, 2003
Sold by
Woodside Verona Inc
Bought by
Montilla Alvaro and Montilla Llesenia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,900
Interest Rate
6.06%
Mortgage Type
Balloon
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

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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
Avila Ismael Madera -- First American Title Company
Avila Ismael Madera -- First American Title Company
Madera Ismael -- First American Title Company
Elias Jorge -- None Available
Elias Jorge -- Fidelity National Title Comp
Elias Jorge $170,000 Fidelity National Title Comp
Madera Ismael $535,000 Alliance Title Company
Montilla Alvaro $329,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Avila Ismael Madera $184,000
Closed Madera Ismael $129,000
Previous Owner Elias Jorge $136,000
Previous Owner Madera Ismael $428,000
Previous Owner Montilla Alvaro $262,900
Closed Montilla Alvaro $49,250
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 $4,945 $420,241 $59,186 $361,055
2024 $4,945 $412,002 $58,026 $353,976
2023 $4,673 $403,925 $56,889 $347,036
2022 $4,597 $396,006 $55,774 $340,232
2021 $4,543 $388,242 $54,681 $333,561
2020 $4,485 $384,262 $54,121 $330,141
2019 $4,403 $376,728 $53,060 $323,668
2018 $4,274 $369,342 $52,020 $317,322
2017 $4,215 $362,100 $51,000 $311,100
2016 $4,251 $355,000 $50,000 $305,000
2015 $2,271 $182,581 $10,738 $171,843
2014 $2,215 $179,005 $10,528 $168,477
Source: Public Records

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