NOT LISTED FOR SALE

2493 Piedmont Dr Merced, CA 95340

Estimated Value: $1,218,563 - $1,358,000

5 Beds
5.5 Baths
4,901 Sq Ft
$263/Sq Ft Est. Value

Last Sold April 12, 2017

Last sale price $732,500 $149 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $7,547/month

52 Days on Market

Highlights

  • Home Theater
  • Open Floorplan
  • Fireplace in Primary Bedroom
  • Heated In Ground Pool
  • Dual Staircase
  • Main Floor Bedroom

About This Home

As of April 2017

Mediterranean Masterpiece on 1 Acre! Superb living in this simply terrific 5BR/5 1/2 BA, two-story in ideal condition. Impressive double door entry with marble flooring foyer and very high ceilings. This home offers a great floorplan designed for family living and entertainment. Mom will love the gourmet kitchen with granite counter tops, walk-in pantry, and extra large formal dining room. Graciously yours with the space you have wanted. Charming circular drive, generous 4-car garage with full bath, pool and spa. 2 fireplaces, , airy and bright floor plan. Spectacular living room with wet bar and built-in desk, plus large pleasing home office. Coffered ceilings, and crown molding ... Tile roof, covered patio. Elegant luxury and so much more! All bedrooms have full bathrooms and and all but one have walk-in closets...one is a Jack and Jill set up.

Last Agent to Sell the Property

Ruth Nightengale

London Properties Ltd - Merced License #00922648 Listed on: 11/21/2016

London Properties Ltd - Merced

Last Buyer's Agent

Jerry Lou Davis

Next Door Real Estate License #00833717

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,912

Year Built

  • Built in 2004

Lot Details

  • 1 Acre Lot
  • Property fronts a county road
  • Wood Fence
  • Fence is in fair condition
  • Landscaped
  • Level Lot
  • Sprinkler System
  • Lawn
  • Back and Front Yard
  • Land Lease
  • Property is zoned A-R

Parking

  • 4 Car Attached Garage
  • Parking Available
  • Side Facing Garage
  • Circular Driveway

Interior Spaces

  • 4,901 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Central Vacuum
  • Dual Staircase
  • Wired For Sound
  • Wired For Data
  • Built-In Features
  • Bar
  • Crown Molding
  • Coffered Ceiling
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Formal Entry
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room
  • Home Theater
  • Home Office
  • Loft
  • Neighborhood Views

Kitchen

  • Open to Family Room
  • Walk-In Pantry
  • Convection Oven
  • Electric Oven
  • Built-In Range
  • Range Hood
  • Warming Drawer
  • Microwave
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Stone
  • Tile

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Jack-and-Jill Bathroom

Laundry

  • Laundry Room
  • Laundry Chute
  • Washer and Electric Dryer Hookup

Home Security

  • Home Security System
  • Intercom
  • Fire and Smoke Detector

Pool

  • Heated In Ground Pool
  • Heated Spa
  • Gas Heated Pool
  • Gunite Spa

Outdoor Features

  • Balcony
  • Rain Gutters

Location

  • Urban Location

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Connected
  • Well
  • Gas Water Heater
  • Conventional Septic
  • Satellite Dish
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 061492005000

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,912

Year Built

Built in 2004

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Security: Security System, Smoke Detector(s)
  • View: Yes
  • Zoning: A-R
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 061492005000
  • Year Built: 2004
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4901.00 Square Feet
  • Interior Amenities: 2 Staircases, Balcony, Bar, Built-in Features, Ceiling Fan(s), Coffered Ceiling(s), Crown Molding, Granite Counters, High Ceilings, Intercom, Open Floorplan, Pantry, Recessed Lighting, Vacuum Central, Wet Bar, Wired for Data, Wired for Sound
  • Common Walls: No Common Walls
  • Flooring: Stone, Tile
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Master Bedroom
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 5
  • Price Per Square Foot: 149.46
  • Room Type: Family Room, Formal Entry, Foyer, Jack & Jill, Kitchen, Laundry, Living Room, Loft, Main Floor Bedroom, Master Bathroom, Master Bedroom, Media Room, Office, Walk-In Closet, Walk-In Pantry
  • Spa Features: Gunite, Heated, Private
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Exterior Features: Rain Gutters, Satellite Dish
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Fair Condition, Wood
  • Pool Features: Private, In Ground, Heated, Gas Heat
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Circular Driveway, Garage, Garage Faces Side
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Convection Oven, Dishwasher, Electric Oven, Electric Range, Disposal, Gas Water Heater, Ice Maker, Microwave, Range Hood, Trash Compactor, Vented Exhaust Fan, Warming Drawer, Water Line to Refrigerator
  • Heating Type: Central
  • Laundry Features: Electric Dryer Hookup, Inside, Laundry Chute, Washer Hookup
  • Sewer: Conventional Septic
  • Water Source: Well
  • Cooling: Central Air, Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Schools

  • School District: Merced Union

Lot Info

  • Additional Parcels: No
  • Land Lease: Yes
  • Lot Features: Back Yard, Front Yard, Landscaped, Lawn, Level with Street, Sprinkler System
  • Lot Size Sq Ft: 43560.00

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Census Tract: 14.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2016
Closed on
Apr 5, 2017
Sold by
Shafer Rosemary Macedo
Bought by
Covert Marc
Seller's Agent
Ruth Nightengale
London Properties Ltd - Merced
Buyer's Agent
Jerry Lou Davis
Next Door Real Estate
List Price
$775,000
Sold Price
$732,500
Premium/Discount to List
-$42,500
-5.48%
Current Estimated Value
$1,288,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$555,891
Avg. Annual Appreciation
6.68%
Original Mortgage
$424,100
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 17, 2017
Sold by
Vasudeva Arun K and Vasudeva Meena
Bought by
Covert Marc

Purchase Details

Closed on
Oct 10, 1997
Sold by
Kevin Gremillion J and Ma Jenny
Bought by
Vasudeva Arun K and Vasudeva Meena
Source: Public Records

Range of Values:

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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
Covert Marc -- Transcounty Title Company
Covert Marc $732,500 Transcounty Title Company
Vasudeva Arun K $60,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Covert Marc $510,400
Closed Covert Marc $424,100
Previous Owner Vasudeva Arun K $390,000
Previous Owner Vasudeva Arun K $410,000
Previous Owner Vasudeva Arun K $417,000
Previous Owner Vasudeva Arun K $417,000
Previous Owner Vasudeva Arun K $100,000
Previous Owner Vasudeva Arun K $639,000
Previous Owner Vasudeva Arun K $635,000
Previous Owner Vasudeva Arun K $620,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2017 04/12/17 Sold $732,500 -5.5% $149 / Sq Ft
11/21/2016 11/21/16 For Sale $775,000 -- $158 / 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 $8,912 $850,123 $174,085 $676,038
2024 $8,912 $833,455 $170,672 $662,783
2023 $8,787 $817,114 $167,326 $649,788
2022 $8,673 $801,094 $164,046 $637,048
2021 $8,653 $785,387 $160,830 $624,557
2020 $8,721 $777,334 $159,181 $618,153
2019 $8,589 $762,093 $156,060 $606,033
2018 $7,841 $747,150 $153,000 $594,150
2017 $8,997 $810,000 $150,000 $660,000
2016 $8,029 $720,000 $95,000 $625,000
2015 $6,405 $575,000 $95,000 $480,000
2014 $6,147 $553,000 $75,000 $478,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC16751623

California Regional Multiple Listing Service (CRMLS)

APN: 061-492-005