NOT LISTED FOR SALE

255 N Mercey Springs Rd Los Banos, CA 93635

Estimated Value: $323,000 - $390,000

3 Beds
2 Baths
1,264 Sq Ft
$295/Sq Ft Est. Value

Last Sold February 26, 2019

Last sale price $255,000 $202 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $2,208/month

94 Days on Market

Highlights

  • No HOA
  • Bathtub
  • Family or Dining Combination
  • 2 Car Attached Garage
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of February 2019

You'll love this charmer located in one of the most sought after neighborhoods in Los Banos! Comfortable floor plan, beautiful tile floors in living room, family room and bathrooms, newer carpet in living room and bedrooms. Spacious back yard gives you lots of options to make this one yours!

Last Agent to Sell the Property

Vera Coffeen

Pro Mr. Z Realty License #00877207 Listed on: 11/20/2018

Last Buyer's Agent

Roger Cervantes

Century 21 Select Real Estate License #01411975

Century 21 Select Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,067

Year Built

  • Built in 1963 | Remodeled

Lot Details

  • 7,723 Sq Ft Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Combination Foundation
  • Composition Roof

Interior Spaces

  • 1,264 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Family or Dining Combination
  • Laundry in unit

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub

Utilities

  • Central Heating and Cooling System
  • Sewer Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 082-115-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,067

Year Built

Built in 1963 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Subtype Description: Attached
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: Yes
  • Year Built: 1963
  • Stories: 1
  • Remodeled/Updated Desc: Bath 0-5YR,Kitchen 0-5YR
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Family Room
  • Fireplaces: 1
  • Flooring: Carpet,Tile
  • Bathroom Features: Tub
  • Bathrooms: 2.00
  • Dining Room Features: Dining/Family Combo
  • Room Type: Baths Other
  • Price Per Square Foot: 201.74
  • Square Footage: 1264
  • Window Features: Dual Pane Full,Dual Pane Partial

Exterior Features

  • Construction Materials: Stucco,Wood
  • Foundation: Combination
  • Listing Price: 259900.00
  • Lot Features: See Remarks
  • Pool: No
  • Property Condition: Updated/Remodeled
  • Roof: Composition
  • Land Use: Ranch

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached

Utilities

  • Sewer: None
  • Utilities: All Public
  • Cooling: Central
  • Heating: Central
  • Laundry Features: Inside Area
  • Water Source: See Remarks

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Los Banos Unified

Lot Info

  • Zoning Description: R
  • Irrigation: None
  • Lot Size Acres: 0.1773
  • Lot Size Sq Ft: 7723

Tax Info

  • Assessor Parcel Number: 082-115-003
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Merced

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2018
Closed on
Feb 21, 2019
Sold by
Rodriguez Miguel A
Bought by
Vargas Eli H
Seller's Agent
Vera Coffeen
Pro Mr. Z Realty
Buyer's Agent
Roger Cervantes
Century 21 Select Real Estate
List Price
$259,900
Sold Price
$255,000
Premium/Discount to List
-$4,900
-1.89%
Current Estimated Value
$372,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,321
Avg. Annual Appreciation
5.84%
Original Mortgage
$247,350
Outstanding Balance
$217,021
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$155,300

Purchase Details

Closed on
Nov 19, 2015
Sold by
Hernandez Hector and Ochoa Nicandro Sanchez
Bought by
Rodriguez Miguel A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,576
Interest Rate
3.76%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 31, 2015
Sold by
The Bank Of New York Mellon
Bought by
Hemandez Hector and Ochoa Nicandro Sanchez

Purchase Details

Closed on
Jul 24, 2015
Sold by
Pagheco Genoveva
Bought by
Hernandez Hector

Purchase Details

Closed on
May 8, 2015
Sold by
Chapa Mary A and Chapa Adolfo
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
Nov 13, 2002
Sold by
Beneficial California Inc
Bought by
Chapa Adolfo and Chapa Mary A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,512
Interest Rate
6.12%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 5, 2002
Sold by
Estrada Jose L and Estrada Irma P
Bought by
Beneficial California Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,512
Interest Rate
6.12%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 9, 2002
Sold by
Delatorre Gabriel and Delatorre Irma E
Bought by
Estrada Jose L and Estrada Irma P

Purchase Details

Closed on
Feb 6, 2002
Sold by
Estrada Jose L and Estrada Irma P
Bought by
Delatorre Gabriel and Delatorre Irma E

Purchase Details

Closed on
Apr 1, 1999
Sold by
Barber Kenneth Trustee
Bought by
Estrada Jose L and Estrada Irma P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,370
Interest Rate
6.92%
Mortgage Type
FHA
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
Vargas Eli H $255,000 Fidelity National Title Co
Vargas Eli H -- Fidelity National Title Co
Rodriguez Miguel A $189,000 Fidelity National Title Co
Hemandez Hector $115,500 Fidelity National Title Co
Hernandez Hector -- Fidelity National Title Co
The Bank Of New York Mellon $220,195 None Available
Chapa Adolfo $161,000 Transcounty Title Company
Beneficial California Inc $89,642 Transcounty Title Company
Estrada Jose L -- Fidelity National Title Co
Delatorre Gabriel -- --
Estrada Jose L $84,500 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vargas Eli H $247,350
Previous Owner Rodriguez Miguel A $185,576
Previous Owner Chapa Adolfo $158,512
Previous Owner Estrada Jose L $84,370
Closed Chapa Adolfo $4,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2019 05/20/19 Off Market $255,000 -- --
02/26/2019 02/26/19 Sold $255,000 -1.9% $202 / Sq Ft
02/22/2019 02/22/19 Pending -- -- --
02/16/2019 02/16/19 For Sale $259,900 0.0% $206 / Sq Ft
02/02/2019 02/02/19 Pending -- -- --
01/04/2019 01/04/19 Price Changed $259,900 -3.0% $206 / Sq Ft
11/20/2018 11/20/18 For Sale $267,900 -- $212 / 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 $3,067 $284,451 $94,816 $189,635
2024 $3,067 $278,874 $92,957 $185,917
2023 $2,896 $273,407 $91,135 $182,272
2022 $2,852 $268,048 $89,349 $178,699
2021 $2,824 $262,794 $87,598 $175,196
2020 $2,793 $260,100 $86,700 $173,400
2019 $2,219 $200,567 $53,060 $147,507
2018 $2,154 $196,635 $52,020 $144,615
2017 $2,129 $192,780 $51,000 $141,780
2016 $2,153 $189,000 $50,000 $139,000
2015 $1,723 $152,000 $60,000 $92,000
2014 -- $159,000 $30,000 $129,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 18078329

MetroList

APN: 082-115-003