NOT LISTED FOR SALE

2420 N Drake Ave Merced, CA 95348

Franklin Neighborhood

Estimated Value: $381,139 - $403,000

4 Beds
2 Baths
1,759 Sq Ft
$225/Sq Ft Est. Value

Last Sold March 15, 2013

Last sale price $139,000 $79 Per Sq Ft

Est. 185% increase in value since last sale

Current estimated payment $2,306/month

7 Days on Market

Highlights

  • Great Room
  • Neighborhood Views
  • Central Heating and Cooling System
  • No HOA
  • 2 Car Attached Garage
  • Wood Fence

About This Home

As of March 2013

4 Bedroom and 2 baths, 1759 sq.ft. Home, built in 2005, Stone accents, newly installed carpet, paint, vinyl in master bath, dishwasher, Don't Wait!!

Last Agent to Sell the Property

Andy Krotik

Keller Williams Property Team License #01040802 Listed on: 02/14/2013

Keller Williams Property Team

Last Buyer's Agent

Bradley Hogan

Reed Realty License #01887637

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,969

Year Built

  • Built in 2005

Lot Details

  • 4,787 Sq Ft Lot
  • Wood Fence
  • Back and Front Yard

Parking

  • 2 Car Attached Garage

Home Design

  • Tile Roof

Interior Spaces

  • 1,759 Sq Ft Home
  • Great Room
  • Neighborhood Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 057604008000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,969

Year Built

Built in 2005

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: 057604008000
  • Year Built: 2005
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1759.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Levels: One
  • Price Per Square Foot: 79.02
  • Room Type: Great Room

Exterior Features

  • View: Neighborhood
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Tile

Garage/Parking

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

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Heating Type: Central
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 4787.00
  • Lot Size Acres: 0.1100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4787.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2023
Sold by
Lu Eric V and Lu Irene L
Bought by
Irene & Eric Lu Living Trust
Current Estimated Value
$396,035

Purchase Details

Listed on
Feb 14, 2013
Closed on
Feb 28, 2013
Sold by
Orchard Terrace Estates Llc
Bought by
Leung Gregory S and Leung Sheila W
Seller's Agent
Andy Krotik
Keller Williams Property Team
Buyer's Agent
Bradley Hogan
Reed Realty
List Price
$139,000
Sold Price
$139,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.81%

Purchase Details

Closed on
Aug 7, 2012
Sold by
West John D and West Lani D
Bought by
Orchard Terrace Estates Llc

Purchase Details

Closed on
Jul 20, 2005
Sold by
Hollywood Park Estates Llc
Bought by
West John D and West Lani D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,204
Interest Rate
5.15%
Mortgage Type
Purchase Money Mortgage
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
Irene & Eric Lu Living Trust -- None Listed On Document
Leung Gregory S -- Fidelity National Title Comp
Orchard Terrace Estates Llc $100,000 Accommodation
West John D $344,500 Transcounty Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Leung Gregory S $101,625
Previous Owner West John D $275,204
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2013 03/15/13 Sold $139,000 0.0% $79 / Sq Ft
02/21/2013 02/21/13 Pending -- -- --
02/14/2013 02/14/13 For Sale $139,000 -- $79 / 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 $1,969 $171,157 $18,468 $152,689
2024 $1,969 $167,802 $18,106 $149,696
2023 $1,944 $164,512 $17,751 $146,761
2022 $1,919 $161,287 $17,403 $143,884
2021 $1,915 $158,125 $17,062 $141,063
2020 $1,928 $156,505 $16,888 $139,617
2019 $1,902 $153,437 $16,557 $136,880
2018 $1,749 $150,430 $16,233 $134,197
2017 $1,809 $147,481 $15,915 $131,566
2016 $1,784 $144,590 $15,603 $128,987
2015 $1,758 $142,419 $15,369 $127,050
2014 $1,724 $139,630 $15,068 $124,562
Source: Public Records

Agents Affiliated with this Home

  • Andy Krotik

    Seller's Agent in 2013

    Andy Krotik

    Keller Williams Property Team

    (209) 756-1579

    2 in this area

    196 Total Sales

    Andy Krotik
    Section Image

  • B

    Buyer's Agent in 2013

    Bradley Hogan

    Reed Realty

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC13023287

California Regional Multiple Listing Service (CRMLS)

APN: 057-604-008

California Merced County Merced 95348 Franklin

2420 N Drake Ave, Merced, CA

This home is located at 2420 N Drake Ave, Merced, CA 95348 since 14 February 2013 and is currently estimated at $396,035, approximately $225 per square foot. This property was built in 2005. 2420 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.

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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