NOT LISTED FOR SALE

2388 N Drake Ave Merced, CA 95348

Franklin Neighborhood

Estimated Value: $358,000 - $395,000

4 Beds
2 Baths
1,516 Sq Ft
$250/Sq Ft Est. Value

Last Sold March 08, 2021

Last sale price $305,000 $201 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,285/month

5 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Neighborhood Views
  • Laundry Room
  • No HOA
  • 2 Car Attached Garage
  • Central Heating and Cooling System

About This Home

As of March 2021

HERE IS A 4 BDRM 2 BTH HM..BUILT IN 2006..2 C GARAGE.... GRT RM OPEN TO EATING AREA & KITCHEN.. GREAT BUY FOR A YOUNG FAMILY STARTING OUT OR COUPLE RETIRING. CLOSE TO MERCED OR ATWATER FOR YOUR SHOPPING

Last Agent to Sell the Property

Bill Baker

Homenet Realty License #00939260 Listed on: 01/28/2021

Last Buyer's Agent

Araceli Gomez

NextHome D&G Realty Group License #01833657

NextHome D&G Realty Group

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • 4,691 Sq Ft Lot
  • Back Yard
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,516 Sq Ft Home
  • Neighborhood Views

Kitchen

  • Built-In Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 057674001000

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 057674001000
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1516.00 Square Feet
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 201.19
  • Room Type: All Bedrooms Down, Main Floor Master Bedroom

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

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

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Disposal, Microwave
  • Heating Type: Central, Natural Gas
  • Laundry Features: Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard
  • Lot Size Sq Ft: 4691.00
  • Lot Size Acres: 0.1077

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4691.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2021
Closed on
Feb 22, 2021
Sold by
42151 Wall St Llc
Bought by
Sandoval Ofelia
Seller's Agent
Bill Baker
Homenet Realty
Buyer's Agent
Araceli Gomez
NextHome D&G Realty Group
List Price
$299,900
Sold Price
$305,000
Premium/Discount to List
$5,100
1.7%
Current Estimated Value
$379,025

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,025
Avg. Annual Appreciation
4.60%
Original Mortgage
$295,850
Outstanding Balance
$264,605
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$114,420

Purchase Details

Listed on
Jun 20, 2014
Closed on
Jul 2, 2014
Sold by
Wiggins Kayce R
Bought by
42151 Wall Street Llc
Seller's Agent
Virginia Baker
Homenet Realty
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$155,000
Sold Price
$150,000
Premium/Discount to List
-$5,000
-3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.23%

Purchase Details

Closed on
Nov 14, 2008
Sold by
Hostetler Investments Llc
Bought by
Wiggins Kayce R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,567
Interest Rate
6.03%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 19, 2006
Sold by
Hollywood Park Estates Llc
Bought by
Hostetler Investments Llc
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
Sandoval Ofelia $305,000 Transcounty Title Company
42151 Wall Street Llc $150,000 Fidelity National Title Co
Wiggins Kayce R $110,000 Transcounty Title Company
Hostetler Investments Llc $235,500 Fidelity Natl Title Co Of Ca
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sandoval Ofelia $295,850
Previous Owner Wiggins Kayce R $108,567
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/08/2021 03/08/21 Sold $305,000 +1.7% $201 / Sq Ft
02/02/2021 02/02/21 Pending -- -- --
01/28/2021 01/28/21 For Sale $299,900 +99.9% $198 / Sq Ft
07/10/2014 07/10/14 Sold $150,000 -3.2% $99 / Sq Ft View Prior Sale
06/20/2014 06/20/14 For Sale $155,000 -- $102 / 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 $3,633 $330,139 $64,945 $265,194
2024 $3,633 $323,667 $63,672 $259,995
2023 $3,584 $317,322 $62,424 $254,898
2022 $3,539 $311,100 $61,200 $249,900
2021 $2,008 $166,544 $33,307 $133,237
2020 $2,021 $164,837 $32,966 $131,871
2019 $1,995 $161,606 $32,320 $129,286
2018 $1,833 $158,438 $31,687 $126,751
2017 $1,897 $155,332 $31,066 $124,266
2016 $1,870 $152,287 $30,457 $121,830
2015 $1,842 $150,000 $30,000 $120,000
2014 $1,456 $115,550 $26,260 $89,290
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2021

    Bill Baker

    Homenet Realty

    (209) 489-2278

    1 in this area

    21 Total Sales

    Bill Baker
    Section Image
  • Araceli Gomez

    Buyer's Agent in 2021

    Araceli Gomez

    NextHome D&G Realty Group

    (209) 756-2063

    3 in this area

    105 Total Sales

    Araceli Gomez
    Section Image

  • V

    Seller's Agent in 2014

    Virginia Baker

    Homenet Realty

  • N

    Buyer's Agent in 2014

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    1 in this area

    6,217 Total Sales

    NoEmail NoEmail
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC21018468

California Regional Multiple Listing Service (CRMLS)

APN: 057-674-001

California Merced County Merced 95348 Franklin

2388 N Drake Ave, Merced, CA

Not Listed for Sale

Detached

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