NOT LISTED FOR SALE

2386 Gabriel Dr Merced, CA 95340

North Merced Neighborhood

Estimated Value: $506,918 - $549,000

5 Beds
3 Baths
2,218 Sq Ft
$238/Sq Ft Est. Value

Last Sold July 11, 2023

Last sale price $500,000 $225 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,520/month

59 Days on Market

Highlights

  • 2 Car Attached Garage
  • Laundry Room
  • 1-Story Property
  • Community Playground
  • Central Heating and Cooling System

About This Home

As of July 2023

2386 Gabriel Dr in Merced is a stunning investment or family home with 5 bedrooms, 3 bathrooms, and 2218 Sq. Ft. of living space. It is conveniently located just 5 minutes away from UC Merced, Merced College, 140 Highway, and 99 freeways, as well as shopping centers, restaurants, and entertainment. The property also provides a great opportunity for short-term rental on Airbnb. The well-appointed and spacious rooms can accommodate guests, while the location is ideal for exploring the city and surrounding areas. Don't miss this opportunity to own a spacious property that offers rental income potential and a great location!

Last Agent to Sell the Property

Indalecio Del Real

Pmz Real Estate, Modesto License #01745071 Listed on: 03/29/2023

Last Buyer's Agent

Diane Perez

BHHS Drysdale Properties, Merced License #02008770

BHHS Drysdale Properties, Merced

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2007

Lot Details

  • 6,499 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned RP-D

HOA Fees

  • $84 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 2,218 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Perc Test On File For Septic Tank

Listing and Financial Details

  • Tax Lot 103
  • Assessor Parcel Number 008421015000
  • $3,097 per year additional tax assessments

Community Details

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Year Built

Built in 2007

Lot Details

0

HOA Fees

$84 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: RP-D
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 008421015000
  • Year Built: 2007
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2218.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 5
  • Price Per Square Foot: 225.43
  • Room Type: All Bedrooms Down, Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Perc Test On File
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Playground
  • Association Fee: 84.00
  • Association Fee Frequency: Monthly
  • Association Name: Unknown
  • Phone: Unknown
  • Senior Community: No
  • Community Features: Street Lights
  • Association Management: Unknown

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6499.00
  • Lot Size Acres: 0.1492

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6499.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 26.02
  • Tax Lot: 103
  • TaxOtherAnnualAssessmentAmount: 3097.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2023
Closed on
Jul 4, 2023
Sold by
Desta Getachew Legesse
Bought by
Kebede Seble
Seller's Agent
Indalecio Del Real
Pmz Real Estate, Modesto
Buyer's Agent
Diane Perez
BHHS Drysdale Properties, Merced
List Price
$529,999
Sold Price
$500,000
Premium/Discount to List
-$29,999
-5.66%
Views
216
Current Estimated Value
$526,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,341
Avg. Annual Appreciation
2.23%
Original Mortgage
$450,000
Outstanding Balance
$438,820
Interest Rate
6.57%
Mortgage Type
New Conventional
Estimated Equity
$89,160

Purchase Details

Listed on
Oct 26, 2018
Closed on
Dec 6, 2018
Sold by
Parker Julie Presecan
Bought by
Kashiwase Steven S and Kashiwase Lisa Q
Seller's Agent
Mary Camper
London Properties Ltd - Merced
Buyer's Agent
Maria Skordos-Moore
PMZ Real Estate, Stockton
List Price
$330,000
Sold Price
$320,000
Premium/Discount to List
-$10,000
-3.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.23%
Original Mortgage
$240,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 3, 2018
Sold by
Presecan Joan W and The N And J Presecan Living Tr
Bought by
Parker Julie Presecan

Purchase Details

Closed on
Mar 20, 2010
Sold by
Presecan Joan W
Bought by
Presecan Joan W and Presecan Marital Trust

Purchase Details

Closed on
Jan 13, 2010
Sold by
Magdaleno Marie
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 27, 2007
Sold by
Lakemont Lwh Llc
Bought by
Magdaleno Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,735
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage
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
Kebede Seble -- Chicago Title Company
Getachew Abel Legesse $500,000 Chicago Title Company
Kashiwase Steven S $320,000 First American Title Company
Parker Julie Presecan -- None Available
Presecan Joan W -- None Available
Federal National Mortgage Association $268,760 Accommodation
Magdaleno Marie $325,000 Fidelity Natl Title Co Of Ca
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Getachew Abel Legesse $450,000
Previous Owner Kashiwase Steven S $240,000
Previous Owner Magdaleno Marie $324,735
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/11/2023 07/11/23 Sold $500,000 -2.0% $225 / Sq Ft
05/27/2023 05/27/23 Pending -- -- --
05/02/2023 05/02/23 Price Changed $510,000 -3.8% $230 / Sq Ft
03/29/2023 03/29/23 For Sale $529,999 +65.6% $239 / Sq Ft
12/14/2018 12/14/18 Sold $320,000 -3.0% $144 / Sq Ft View Prior Sale
11/17/2018 11/17/18 Pending -- -- --
10/26/2018 10/26/18 For Sale $330,000 -- $149 / 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 $8,150 $510,000 $107,100 $402,900
2024 $8,150 $500,000 $105,000 $395,000
2023 $6,585 $343,100 $69,691 $273,409
2022 $6,461 $336,374 $68,325 $268,049
2021 $6,345 $329,780 $66,986 $262,794
2020 $6,859 $326,400 $66,300 $260,100
2019 $6,465 $320,000 $65,000 $255,000
2018 $5,259 $229,153 $12,475 $216,678
2017 $5,302 $224,661 $12,231 $212,430
2016 $5,216 $220,257 $11,992 $208,265
2015 $5,142 $216,949 $11,812 $205,137
2014 $5,063 $212,700 $11,581 $201,119
Source: Public Records

Agents Affiliated with this Home

  • Indalecio Del Real

    Seller's Agent in 2023

    Indalecio Del Real

    Pmz Real Estate, Modesto

    (209) 204-3963

    2 in this area

    13 Total Sales

    Indalecio Del Real
    Section Image
  • Diane Perez

    Buyer's Agent in 2023

    Diane Perez

    BHHS Drysdale Properties, Merced

    (209) 658-2777

    15 in this area

    99 Total Sales

    Diane Perez
    Section Image
  • Mary Camper

    Seller's Agent in 2018

    Mary Camper

    London Properties Ltd - Merced

    (209) 725-2100

    63 in this area

    153 Total Sales

    Mary Camper
    Section Image

  • M

    Buyer's Agent in 2018

    Maria Skordos-Moore

    PMZ Real Estate, Stockton

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC23050920

California Regional Multiple Listing Service (CRMLS)

APN: 008-421-015

California Merced County Merced 95340 North Merced

2386 Gabriel Dr, Merced, CA

Not Listed for Sale

Detached

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