NOT LISTED FOR SALE

2490 N Drake Ave Merced, CA 95348

Franklin Neighborhood

Estimated Value: $373,000 - $397,000

4 Beds
2 Baths
1,516 Sq Ft
$255/Sq Ft Est. Value

About This Home

This home is located at 2490 N Drake Ave, Merced, CA 95348 and is currently estimated at $386,694, approximately $255 per square foot. 2490 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 30, 2008
Sold by
Deutsche Bank National Trust Company
Bought by
Thao Yang Leng
Current Estimated Value
$386,694

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,917
Interest Rate
4.92%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 1, 2008
Sold by
Ortega Manuel J
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Feb 7, 2005
Sold by
Ortega Analilia
Bought by
Ortega Manuel J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,284
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 1, 2005
Sold by
Hollywood Park Estates Llc
Bought by
Ortega Manuel J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,284
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 5, 2004
Sold by
Hollywood Park Estates Llc
Bought by
Merced Irrigation District
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

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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
Thao Yang Leng $115,000 First American Title Company
Deutsche Bank National Trust Company $106,250 First American Title Company
Ortega Manuel J -- Transcounty Title Company
Ortega Manuel J $304,500 Transcounty Title Company
Merced Irrigation District -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thao Yang Leng $23,474
Open Thao Yang Leng $185,948
Previous Owner Thao Yang Leng $112,917
Previous Owner Ortega Manuel J $243,284
Closed Ortega Manuel J $60,821
Source: Public Records

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 $1,727 $148,077 $64,380 $83,697
2024 $1,727 $145,174 $63,118 $82,056
2023 $2,487 $142,329 $61,881 $80,448
2022 $2,232 $139,539 $60,668 $78,871
2021 $2,493 $136,804 $59,479 $77,325
2020 $1,692 $135,403 $58,870 $76,533
2019 $1,669 $132,749 $57,716 $75,033
2018 $2,069 $130,147 $56,585 $73,562
2017 $1,769 $127,596 $55,476 $72,120
2016 $1,566 $125,095 $54,389 $70,706
2015 $1,544 $123,217 $53,573 $69,644
2014 $1,514 $120,804 $52,524 $68,280
Source: Public Records

Map

California Merced County Merced 95348 Franklin

2490 N Drake Ave, Merced, CA

This home is located at 2490 N Drake Ave, Merced, CA 95348 and is currently estimated at $386,694, approximately $255 per square foot. 2490 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.

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