NOT LISTED FOR SALE

2440 4th Ave Merced, CA 95340

Downtown Merced Neighborhood

Estimated Value: $244,000 - $323,000

2 Beds
1 Bath
843 Sq Ft
$316/Sq Ft Est. Value

Last Sold July 11, 2014

Last sale price $112,000 $133 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $1,509/month

55 Days on Market

Highlights

  • No HOA
  • Bathtub with Shower
  • Central Heating and Cooling System
  • 1 Car Attached Garage
  • Patio
  • 1-Story Property

About This Home

As of July 2014

Great home for first time buyers.

Last Agent to Sell the Property

Dana Howell

Advanced Market Realty, Inc. License #01333176 Listed on: 03/28/2014

Last Buyer's Agent

Celia Okida

Keller Williams Property Team Turlock License #01468196

Keller Williams Property Team Turlock

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1947

Lot Details

  • 5,663 Sq Ft Lot
  • Zoning described as R1-6

Parking

  • 1 Car Attached Garage

Home Design

  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 843 Sq Ft Home
  • 1-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 033-041-010-000

Home Details

Home Type

Single Family

Year Built

Built in 1947

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Subtype Description: Detached
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: Unknown
  • Year Built: 1947
  • Stories: 1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Wood,Linoleum/Vinyl
  • Bathroom Features: Tub w/Shower Over
  • Bathrooms: 1.00
  • Dining Room Features: Space in Kitchen
  • Room Type: Baths Other
  • Price Per Square Foot: 132.86
  • Square Footage: 843

Exterior Features

  • Construction Materials: Frame,Stucco,Wood
  • Disclosures/Documents: CC&Rs
  • Foundation: Raised
  • Listing Price: 114000.00
  • Lot Features: Landscape Front,Shape Regular
  • Patio And Porch Features: Uncovered Patio
  • Pool: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Attached
  • Driveway/Sidewalks: Sidewalk/Curb/Gutter

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Sewer: In & Connected
  • Utilities: All Public
  • Cooling: Central
  • Heating: Central
  • Laundry Features: Inside Area
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Merced Union High

Lot Info

  • Zoning Description: R1-6
  • Lot Size Acres: 0.1300
  • Lot Size Sq Ft: 5663

Tax Info

  • Assessor Parcel Number: 033-041-010-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Merced

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2014
Closed on
Jul 2, 2014
Sold by
Lucerne Palms Llc
Bought by
Ochoa Francisco and Ochoa Reyna C
Seller's Agent
Dana Howell
Advanced Market Realty, Inc.
Buyer's Agent
Celia Okida
Keller Williams Property Team Turlock
List Price
$119,900
Sold Price
$112,000
Premium/Discount to List
-$7,900
-6.59%
Current Estimated Value
$266,040

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,040
Avg. Annual Appreciation
7.82%
Original Mortgage
$84,000
Outstanding Balance
$63,766
Interest Rate
4.07%
Mortgage Type
New Conventional
Estimated Equity
$202,274

Purchase Details

Closed on
Aug 24, 2012
Sold by
Sparks Jack P and Sparks Lara A
Bought by
Lucerne Palms Llc

Purchase Details

Closed on
Aug 20, 2005
Sold by
Bressler Richard V and Bressler Rose Ann
Bought by
Sparks Jack V and Sparks Lara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,200
Interest Rate
5.76%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 20, 2003
Sold by
Bressler Richard V
Bought by
Bressler Richard V and Bressler Rose Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 2, 2000
Sold by
Bressler Sherri L
Bought by
Bressler Richard V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,250
Interest Rate
8.46%
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
Ochoa Francisco -- Fidelity National Title Co
Lucerne Palms Llc $75,400 Accommodation
Sparks Jack V $276,500 Fidelity Title Company
Bressler Richard V -- Transcounty Title Company
Bressler Richard V -- Fidelity National Title Co
Bressler Richard V $75,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ochoa Francisco $84,000
Previous Owner Sparks Jack V $221,200
Previous Owner Bressler Richard V $73,000
Previous Owner Bressler Richard V $71,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2014 07/11/14 Sold $112,000 -6.6% $133 / Sq Ft
05/21/2014 05/21/14 Pending -- -- --
03/27/2014 03/27/14 For Sale $119,900 -- $142 / 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 $1,424 $134,596 $42,059 $92,537
2024 $1,424 $131,958 $41,235 $90,723
2023 $1,404 $129,372 $40,427 $88,945
2022 $1,384 $126,836 $39,635 $87,201
2021 $1,382 $124,350 $38,858 $85,492
2020 $1,391 $123,076 $38,460 $84,616
2019 $1,371 $120,663 $37,706 $82,957
2018 $1,250 $118,298 $36,967 $81,331
2017 $1,297 $115,980 $36,243 $79,737
2016 $1,277 $113,707 $35,533 $78,174
2015 $1,257 $112,000 $35,000 $77,000
2014 $947 $84,380 $11,049 $73,331
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2014

    Dana Howell

    Advanced Market Realty, Inc.

  • C

    Buyer's Agent in 2014

    Celia Okida

    Keller Williams Property Team Turlock

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Map

Source: MetroList

MLS Number: 14017919

MetroList

APN: 033-041-010

California Merced County Merced 95340 Downtown Merced

2440 4th Ave, Merced, CA

Not Listed for Sale

Detached

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