NOT LISTED FOR SALE

2312 Lobo Ave Merced, CA 95348

Franklin Neighborhood

Estimated Value: $392,000 - $444,000

4 Beds
2 Baths
1,981 Sq Ft
$206/Sq Ft Est. Value

Last Sold September 27, 2017

Last sale price $235,000 $119 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $2,371/month

8 Days on Market

Highlights

  • Granite Countertops
  • Skylights
  • Central Heating
  • No HOA
  • 2 Car Attached Garage
  • 1-Story Property

About This Home

As of September 2017

Come check out this unique home. Granite counter tops, stamped and stained cement floors and 10 foot ceilings all add to the charm of this home. County records state 3 bedroom but bedroom count is actually 4 with and additional office!

Last Agent to Sell the Property

Teri Kleinen

Better Homes and Gardens Real Estate Everything Real Estate License #01961434 Listed on: 08/18/2017

Better Homes and Gardens Real Estate Everything Real Estate

Last Buyer's Agent

Kayla Matlick

Craft & Bauer Real Estate Co. License #01979494

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2007

Lot Details

  • 6,970 Sq Ft Lot
  • Zoning described as R1

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 1,981 Sq Ft Home
  • 1-Story Property
  • Skylights
  • Family Room with Fireplace
  • Granite Countertops
  • Laundry in unit

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 057-263-015-000

Home Details

Home Type

Single Family

Year Built

Built in 2007

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Subtype Description: Detached
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: No
  • Year Built: 2007
  • Stories: 1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher,Disposal,Free Standing Gas Range
  • Interior Amenities: Skylight(s)
  • Fireplace Features: Family Room
  • Fireplaces: 1
  • Flooring: Carpet,Painted/Stained,Stamped
  • Master Bathroom Features: Double Sinks,Shower Stall(s),Tub,Window
  • Master Bedroom Features: Ground Floor,Walk-In Closet
  • Bathroom Features: Tub w/Shower Over,Window
  • Bathrooms: 2.00
  • Dining Room Features: Dining Bar,Dining/Family Combo
  • Kitchen Features: Granite Counter
  • Room Type: Baths Other,Den,Great Room,Master Bathroom,Master Bedroom
  • Price Per Square Foot: 118.63
  • Square Footage: 1981

Exterior Features

  • Construction Materials: Stucco,Wood
  • Foundation: Slab
  • Horse Property: No
  • Listing Price: 219000.00
  • Pool: No
  • Road Surface Type: Paved
  • Roof: Tile
  • View Description: Local

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached
  • Driveway/Sidewalks: Sidewalk/Curb/Gutter

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Sewer: Abandoned Septic,In & Connected
  • Utilities: All Public,Natural Gas Connected
  • Cooling: Ceiling Fan(s),Central
  • Electric: 220 Volts,220 Volts in Laundry
  • Heating: Central
  • Laundry Features: Inside Room
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Merced Union High

Lot Info

  • Zoning Description: R1
  • Irrigation: None
  • Lot Size Acres: 0.1600
  • Lot Size Sq Ft: 6970

Tax Info

  • Assessor Parcel Number: 057-263-015-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Merced

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 12, 2019
Sold by
Xiong Zoua
Bought by
Moua Steve Chong
Current Estimated Value
$408,389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Outstanding Balance
$205,728
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$202,661

Purchase Details

Listed on
Aug 18, 2017
Closed on
Sep 7, 2017
Sold by
Moua Ge
Bought by
Xiong Zoua
Seller's Agent
Teri Kleinen
Better Homes and Gardens Real Estate Everything Real Estate
Buyer's Agent
Kayla Matlick
Craft & Bauer Real Estate Co.
List Price
$219,000
Sold Price
$235,000
Premium/Discount to List
$16,000
7.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.88%
Original Mortgage
$230,743
Interest Rate
3.89%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 18, 2017
Closed on
Aug 29, 2017
Sold by
Olympic Mortgage Fund Llc
Bought by
Moua Steve Chong and Xiong Zoua
Seller's Agent
Teri Kleinen
Better Homes and Gardens Real Estate Everything Real Estate
Buyer's Agent
Kayla Matlick
Craft & Bauer Real Estate Co.
List Price
$219,000
Sold Price
$235,000
Premium/Discount to List
$16,000
7.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,743
Interest Rate
3.89%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 14, 2008
Sold by
Arenas Oscar I and Arenas Alma
Bought by
Olympic Mortgage Fund Llc

Purchase Details

Closed on
Dec 6, 2005
Sold by
Nage Investment Inc
Bought by
Arenas Oscar I and Arenas Alma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
6.28%
Mortgage Type
Balloon

Purchase Details

Closed on
Nov 29, 2005
Sold by
Vargas Nicolas and Vargas Angela
Bought by
Nage Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
6.28%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Moua Steve Chong -- North American Title
Xiong Zoua -- First American Title Company
Moua Steve Chong $235,000 First American Title Company
Olympic Mortgage Fund Llc $225,000 None Available
Arenas Oscar I $305,000 Transcounty Title Company
Nage Investments Inc -- Public
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moua Steve Chong $234,000
Previous Owner Xiong Zoua $230,743
Previous Owner Arenas Oscar I $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2017 09/27/17 Sold $235,000 +7.3% $119 / Sq Ft
08/24/2017 08/24/17 Pending -- -- --
08/16/2017 08/16/17 For Sale $219,000 -- $111 / Sq Ft
Source: MetroList

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 $2,814 $267,384 $51,200 $216,184
2024 $2,814 $262,143 $50,197 $211,946
2023 $2,775 $257,004 $49,213 $207,791
2022 $2,738 $251,966 $48,249 $203,717
2021 $2,732 $247,026 $47,303 $199,723
2020 $2,753 $244,494 $46,818 $197,676
2019 $2,713 $239,700 $45,900 $193,800
2018 $2,474 $235,000 $45,000 $190,000
2017 $2,660 $212,767 $79,221 $133,546
2016 $2,195 $196,000 $45,000 $151,000
2015 $2,082 $186,000 $35,000 $151,000
2014 $1,610 $144,000 $30,000 $114,000
Source: Public Records

Agents Affiliated with this Home

  • Teri Kleinen

    Seller's Agent in 2017

    Teri Kleinen

    Better Homes and Gardens Real Estate Everything Real Estate

    (209) 261-4509

    2 in this area

    165 Total Sales

    Teri Kleinen
    Section Image

  • K

    Buyer's Agent in 2017

    Kayla Matlick

    Craft & Bauer Real Estate Co.

    Section Image
  • Shana Gates

    Buyer Co-Listing Agent in 2017

    Shana Gates

    Real Broker

    (310) 746-6232

    87 Total Sales

    Shana Gates
    Section Image
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Map

Source: MetroList

MLS Number: 17053082

MetroList

APN: 057-263-015

California Merced County Merced 95348 Franklin

2312 Lobo Ave, Merced, CA

Not Listed for Sale

Detached

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