NOT LISTED FOR SALE

Estimated Value: $514,160 - $557,000

5 Beds
3 Baths
2,502 Sq Ft
$217/Sq Ft Est. Value

Last Sold October 02, 2024

Last sale price $520,000 $208 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,562/month

3 Days on Market

Highlights

  • Solar Power System
  • Corner Lot
  • Tile Countertops
  • Contemporary Architecture
  • 2 Car Attached Garage
  • Tankless Water Heater

About This Home

As of October 2024

This stunning Single Family Residence is nestled in the highly coveted Lennar community. The expansive family room features extra width and is illuminated by grand windows that seamlessly flow into the outdoor California room. The kitchen is adorned with exquisite countertops and a spacious walk-in pantry. An elegant dining room provides a perfect setting for hosting guests. The primary suite is generously sized, boasting double sinks and a walk-in closet. Each bedroom offers ample space and comes with its own closet. Adding to the convenience, an upstairs laundry room is situated for easy access. Located near the prestigious "Gateway of Yosemite," this home is surrounded by new amenities currently in development. Its close proximity to UC Merced and the future shopping center/hub in Merced ensures easy access to all the area's offerings. Additionally, the property is near Dignity Health Mercy medical center and other medical facilities, with new restaurants and retail establishments already in the works. Embrace the future of Merced with this exceptional residence!

Last Agent to Sell the Property

Karunasagar Kotha

License #02038951 Listed on: 08/31/2024

Last Buyer's Agent

Karunasagar Kotha

License #02038951 Listed on: 08/31/2024

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2021

Lot Details

  • 5,085 Sq Ft Lot
  • Wood Fence
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Back and Front Yard

HOA Fees

  • $110 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2-Story Property
  • Family Room

Kitchen

  • Built-In Oven
  • Built-In Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Tile Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Eco-Friendly Details

  • Solar Power System
  • Solar owned by a third party

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • Tankless Water Heater

Community Details

  • Association fees include common area maintenance, management fee
  • Association Phone (916) 925-9000

Listing and Financial Details

  • Assessor Parcel Number 008490041000

Home Details

Home Type

Single Family

Year Built

Built in 2021

Lot Details

0

HOA Fees

$110 per month

Parking

2

Listing Details

  • Stories: 2
  • Year Built: 2021
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.12
  • Subdivision Name: Not Listed
  • Directions: GPS
  • Architectural Style: Contemporary
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two Story
  • New Construction: No
  • Power Production Type: Photovoltaics
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Flooring: Laminate, Carpet
  • Appliances: Dishwasher, Gas Range, Microwave, Oven, Range, Refrigerator, Washer, Tankless Water Heater
  • Other Equipment: See Remarks
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Family Room, Tile Counters, Kitchen Island, Pantry
  • Window Features: Window Coverings
  • Room Kitchen Features: Counter - Tile, Dishwasher, Gas Range/Cooktop, Island, Microwave, Oven Built-in, Pantry, Range/Oven Built-in, Refrigerator, Other

Exterior Features

  • Roof: Shingle
  • Fencing: Wood
  • Lot Features: Corner Lot, Front Yard
  • Pool Features: None
  • Pool Private: No
  • Construction Type: Stucco
  • Exterior Features: Backyard, Back Yard, Front Yard, Side Yard, Sprinklers Automatic, Sprinklers Back, Sprinklers Front
  • Property Condition: Existing

Garage/Parking

  • Garage Spaces: 2
  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Parking Features: Attached, Garage Door Opener

Utilities

  • Heating: Zoned, Natural Gas
  • Utilities: Water/Sewer Meter Available, Water/Sewer Meter on Site, All Public Utilities, Cable Connected, Internet Available, Natural Gas Available, Individual Electric Meter, Individual Gas Meter
  • Cooling: Zoned
  • Laundry Features: Dryer, Laundry Room
  • Security: Fire Sprinkler System, Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: Photovoltaics Third-Party Owned
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: See Remarks
  • Association Fee: 110
  • Association Fee Frequency: Monthly
  • Association Name: NOT LISTED
  • Phone: 916-925-9000
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Common Area Maint, Management Fee

Lot Info

  • Lot Size Sq Ft: 5085
  • Parcel Number: 008490041000
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2024
Closed on
Sep 25, 2024
Sold by
Goverdhana Living Trust and Goverdhana Shashidhar
Bought by
Jha Lalit Kumar and Pandey Bandana
Seller's Agent
Karunasagar Kotha
Buyer's Agent
Karunasagar Kotha
List Price
$540,000
Sold Price
$520,000
Premium/Discount to List
-$20,000
-3.7%
Views
8
Current Estimated Value
$542,790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,790
Avg. Annual Appreciation
3.52%
Original Mortgage
$390,000
Outstanding Balance
$385,265
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$157,525

Purchase Details

Closed on
Oct 20, 2021
Sold by
Goverdhana Shashidhar and Goverdhana Arpita
Bought by
Goverdhana Living Trust and Goverdhana

Purchase Details

Closed on
May 19, 2021
Sold by
Lennar Homes Of California
Bought by
Goverdhana Shashidhar and Goverdhana Arpita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,000
Interest Rate
2.37%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Jha Lalit Kumar $520,000 First American Title
Goverdhana Living Trust -- Srivastava Archana
Goverdhana Shashidhar $410,000 Calatlantic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jha Lalit Kumar $390,000
Previous Owner Goverdhana Shashidhar $364,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2025 02/04/25 Off Market $520,000 -- --
10/02/2024 10/02/24 Sold $520,000 0.0% $208 / Sq Ft
09/03/2024 09/03/24 Pending -- -- --
09/03/2024 09/03/24 Price Changed $520,000 -3.7% $208 / Sq Ft
08/31/2024 08/31/24 For Sale $540,000 -- $216 / Sq Ft
Source: Bay East Association of REALTORS®

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 $7,296 $520,000 $130,000 $390,000
2024 $7,296 $426,564 $88,434 $338,130
2023 $7,230 $418,200 $86,700 $331,500
2022 $7,100 $410,000 $85,000 $325,000
2021 $3,466 $80,814 $55,814 $25,000
2020 $428 $25,242 $25,242 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay East Association of REALTORS®

MLS Number: 41071576

Bay East Association of REALTORS®

APN: 008-490-041