2324 N Drake Ave Merced, CA 95348
Franklin NeighborhoodEstimated Value: $348,000 - $381,000
4
Beds
2
Baths
1,516
Sq Ft
$241/Sq Ft
Est. Value
About This Home
This home is located at 2324 N Drake Ave, Merced, CA 95348 and is currently estimated at $365,397, approximately $241 per square foot. 2324 N 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
Nov 6, 2020
Sold by
Mckay Shannon M
Bought by
Mckay Shannon M and The Shannon M Mckay Trust
Current Estimated Value
Purchase Details
Closed on
Jul 17, 2015
Sold by
Mckay John Anthony and Mckay John A
Bought by
Mckay John Anthony and Mckay Shannon Michelle
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,500
Outstanding Balance
$72,234
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$293,163
Purchase Details
Closed on
Mar 24, 2008
Sold by
Hollywood Park Estates Llc
Bought by
Mckay John A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,160
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mckay Shannon M | -- | None Available | |
| Mckay John Anthony | -- | First American Title Ins Co | |
| Mckay John A | $168,000 | Transcounty Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mckay John Anthony | $122,500 | |
| Closed | Mckay John A | $134,160 |
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 | $2,408 | $220,262 | $91,938 | $128,324 |
| 2024 | $2,408 | $215,944 | $90,136 | $125,808 |
| 2023 | $2,375 | $211,711 | $88,369 | $123,342 |
| 2022 | $2,344 | $207,561 | $86,637 | $120,924 |
| 2021 | $2,338 | $203,492 | $84,939 | $118,553 |
| 2020 | $2,353 | $201,407 | $84,069 | $117,338 |
| 2019 | $2,320 | $197,459 | $82,421 | $115,038 |
| 2018 | $2,129 | $193,588 | $80,805 | $112,783 |
| 2017 | $2,202 | $189,793 | $79,221 | $110,572 |
| 2016 | $2,067 | $177,000 | $45,000 | $132,000 |
| 2015 | $1,809 | $154,000 | $35,000 | $119,000 |
| 2014 | $1,772 | $151,000 | $30,000 | $121,000 |
Source: Public Records
Map
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