NOT LISTED FOR SALE

2305 Lobo Ave Merced, CA 95348

Franklin Neighborhood

Estimated Value: $214,000 - $348,000

3 Beds
2 Baths
1,302 Sq Ft
$239/Sq Ft Est. Value

Last Sold June 15, 2012

Last sale price $110,000 $84 Per Sq Ft

Est. 183% increase in value since last sale

Current estimated payment $1,803/month

9 Days on Market

Highlights

  • Corner Lot
  • Neighborhood Views
  • Central Heating and Cooling System
  • No HOA
  • 2 Car Attached Garage

About This Home

As of June 2012

Adorable 3 bedroom 2 bathroom, freshly painted inside with new carpet, tile flooring in kitchen and laundry. Updated baths, central heat and air, tile roof, situated on a corner lot with possible RV parking.

Last Agent to Sell the Property

Kim Ribeiro

Coldwell Banker Kaljian & Ass License #01075644 Listed on: 03/22/2012

Coldwell Banker Kaljian & Ass

Last Buyer's Agent

Aaron Vega

Tinetti Realty Group License #01807208

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,419

Year Built

  • Built in 1990

Lot Details

  • 7,610 Sq Ft Lot
  • Corner Lot

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,302 Sq Ft Home
  • Family Room with Fireplace
  • Neighborhood Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 057464001000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,419

Year Built

Built in 1990

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 057464001000
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1302.00
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 84.49

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00

Utilities

  • Heating: Yes
  • Heating Type: Central
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 7610.00
  • Lot Size Acres: 0.1750

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7610.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2012
Closed on
May 15, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Mona Xe and Vang Chue
Seller's Agent
Kim Ribeiro
Coldwell Banker Kaljian & Ass
Buyer's Agent
Aaron Vega
Tinetti Realty Group
List Price
$106,900
Sold Price
$110,000
Premium/Discount to List
$3,100
2.9%
Current Estimated Value
$311,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,580
Avg. Annual Appreciation
8.95%
Original Mortgage
$102,116
Outstanding Balance
$70,888
Interest Rate
3.79%
Mortgage Type
FHA
Estimated Equity
$271,578

Purchase Details

Closed on
Jan 4, 2012
Sold by
Gmac Mortgage Llc
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Dec 12, 2011
Sold by
Smith Robert J and Smith Tami L
Bought by
Gmac Mortgage Llc
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
Mona Xe $104,000 Transcounty Title Company
Federal Home Loan Mortgage Corp -- None Available
Gmac Mortgage Llc $100,736 Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mona Xe $102,116
Previous Owner Smith Robert J $198,750
Previous Owner Smith Robert J $39,700
Previous Owner Smith Robert J $141,600
Previous Owner Smith Robert J $115,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2012 06/15/12 Sold $110,000 +2.9% $84 / Sq Ft
03/31/2012 03/31/12 Pending -- -- --
03/22/2012 03/22/12 For Sale $106,900 -- $82 / Sq Ft
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 $1,419 $130,617 $13,810 $116,807
2024 $1,419 $128,057 $13,540 $114,517
2023 $1,400 $125,547 $13,275 $112,272
2022 $1,381 $123,086 $13,015 $110,071
2021 $1,378 $120,673 $12,760 $107,913
2020 $1,387 $119,437 $12,630 $106,807
2019 $1,367 $117,096 $12,383 $104,713
2018 $1,250 $114,801 $12,141 $102,660
2017 $1,296 $112,551 $11,903 $100,648
2016 $1,276 $110,345 $11,670 $98,675
2015 $1,257 $108,688 $11,495 $97,193
2014 $1,230 $106,560 $11,270 $95,290
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2012

    Kim Ribeiro

    Coldwell Banker Kaljian & Ass

    Section Image
  • Aaron Vega

    Buyer's Agent in 2012

    Aaron Vega

    Tinetti Realty Group

    (209) 230-3047

    80 Total Sales

    Aaron Vega
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC12037536

California Regional Multiple Listing Service (CRMLS)

APN: 057-464-001

California Merced County Merced 95348 Franklin

2305 Lobo Ave, Merced, CA

This home is located at 2305 Lobo Ave, Merced, CA 95348 since 22 March 2012 and is currently estimated at $311,580, approximately $239 per square foot. This property was built in 1990. 2305 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.

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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