NOT LISTED FOR SALE

2422 Driftwood Dr Merced, CA 95348

Estimated Value: $263,000 - $384,000

4 Beds
2 Baths
1,459 Sq Ft
$232/Sq Ft Est. Value

Last Sold April 30, 2013

Last sale price $88,000 $60 Per Sq Ft

Est. 285% increase in value since last sale

Current estimated payment $1,870/month

11 Days on Market

Highlights

  • Contemporary Architecture
  • No HOA
  • Bathtub with Shower
  • 1 Fireplace
  • 2 Car Attached Garage
  • Central Heating and Cooling System

About This Home

As of April 2013

Single story home, built in 1976, 4 bedroom, 2 bath, 2 car garage, 1459 sq.ft. gross living area, 0.14ac lot size. The home features living room, family room with fireplace, dining, kitchen with granite countertop. Ideal for first time homebuyer or investor.

Last Agent to Sell the Property

Gina Craig, Ph. D.

Craig & Craig Professional Rea License #01499439 Listed on: 02/14/2013

Last Buyer's Agent

Non-MLS Member

Non-MLS Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,074

Year Built

  • Built in 1976

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions: 60

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,459 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Fire and Smoke Detector
  • Laundry in Garage

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Separate Shower

Utilities

  • Central Heating and Cooling System
  • Shared Septic

Community Details

  • No Home Owners Association
  • Brookside 01 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 058-163-007-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,074

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Subtype Description: Detached
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: Unknown
  • Restrictions: Signs
  • Year Built: 1976
  • Architectural Style: Contemporary
  • Stories: 1
  • Subdivision: Brookside 01
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Gas Oven,Built-In Gas Range,Dishwasher
  • Fireplace Features: See Remarks
  • Fireplaces: 1
  • Flooring: Carpet,Linoleum/Vinyl
  • Master Bathroom Features: Shower Stall(s)
  • Bathroom Features: Tub w/Shower Over
  • Bathrooms: 2.00
  • Dining Room Features: Space in Kitchen
  • Kitchen Features: Pantry Cabinet
  • Room Type: Baths Other,Master Bathroom
  • Price Per Square Foot: 60.32
  • Square Footage: 1459

Exterior Features

  • Construction Materials: Stucco,Wood
  • Disclosures/Documents: CC&Rs,See Remarks
  • Foundation: Slab
  • Horse Property: No
  • Listing Price: 83000.00
  • Lot Features: Landscape Front,Shape Regular
  • Pool: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached

Utilities

  • Security: Smoke Detector
  • Sewer: Shared Septic
  • Utilities: All Electric,All Public,Natural Gas Connected
  • Cooling: Central
  • Heating: Central
  • Laundry Features: In Garage
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Merced Union High

Lot Info

  • Zoning Description: Residentia
  • Lot Size Acres: 0.1400
  • Lot Dimensions: 60 X 101.64
  • Lot Size Sq Ft: 6098

Tax Info

  • Assessor Parcel Number: 058-163-007-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Merced

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2013
Closed on
Apr 17, 2013
Sold by
Chang Edward Xiong
Bought by
Chang Dao
Seller's Agent
Gina Craig, Ph. D.
Craig & Craig Professional Rea
Buyer's Agent
Non-MLS Member
Non-MLS Office
List Price
$83,000
Sold Price
$88,000
Premium/Discount to List
$5,000
6.02%
Current Estimated Value
$338,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,391
Avg. Annual Appreciation
11.38%
Original Mortgage
$81,496
Outstanding Balance
$57,629
Interest Rate
3.51%
Mortgage Type
FHA
Estimated Equity
$280,762

Purchase Details

Closed on
Feb 3, 2012
Sold by
Bank Of America Na
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Nov 4, 2008
Sold by
The Bank Of New York
Bought by
Barnard Theresa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,742
Interest Rate
6.1%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 25, 2008
Sold by
Ly John and Vangkhue Touly
Bought by
The Bank Of New York

Purchase Details

Closed on
Jul 30, 2007
Sold by
Ly John and Vangkhue Touly
Bought by
Ly John

Purchase Details

Closed on
Jul 12, 2006
Sold by
Ly John and Vangkhue Touly
Bought by
Ly John and Vangkhue Touly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
9.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 16, 2006
Sold by
Ly John
Bought by
Ly John and Vangkhue Touly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
9.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 4, 2003
Sold by
Whatley Robert Leroy and Whatley Betty May
Bought by
Ly John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,200
Interest Rate
6.75%
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
Chang Dao -- Chicago Title Company
Chang Dao $88,000 Chicago Title Company
The Secretary Of Housing & Urban Develop -- None Available
Bank Of America Na $108,600 None Available
Barnard Theresa A $89,000 First American Title Company
The Bank Of New York $159,750 First American Title Company
Ly John -- None Available
Ly John -- None Available
Vangkhue Touly -- None Available
Ly John -- None Available
Ly John $153,000 Transcounty Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chang Dao $81,496
Previous Owner Barnard Theresa A $87,742
Previous Owner Ly John $224,000
Previous Owner Ly John $127,200
Closed Ly John $31,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2013 04/30/13 Sold $88,000 +6.0% $60 / Sq Ft
02/25/2013 02/25/13 Pending -- -- --
02/14/2013 02/14/13 For Sale $83,000 -- $57 / 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 $1,074 $108,352 $24,622 $83,730
2024 $1,074 $106,229 $24,140 $82,089
2023 $1,058 $104,147 $23,667 $80,480
2022 $1,041 $102,105 $23,203 $78,902
2021 $1,038 $100,104 $22,749 $77,355
2020 $1,043 $99,078 $22,516 $76,562
2019 $1,026 $97,136 $22,075 $75,061
2018 $934 $95,233 $21,643 $73,590
2017 $968 $93,367 $21,219 $72,148
2016 $951 $91,537 $20,803 $70,734
2015 $935 $90,163 $20,491 $69,672
2014 $913 $88,398 $20,090 $68,308
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2013

    Gina Craig, Ph. D.

    Craig & Craig Professional Rea

    Section Image

  • N

    Buyer's Agent in 2013

    Non-MLS Member

    Non-MLS Office

See All Agents

Map

Source: MetroList

MLS Number: 13008280

MetroList

APN: 058-163-007

California Merced County Merced 95348

2422 Driftwood Dr, Merced, CA

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