NOT LISTED FOR SALE

2559 N Sweet Water Ct Merced, CA 95348

Franklin Neighborhood

Estimated Value: $448,000 - $486,000

4 Beds
3 Baths
2,319 Sq Ft
$203/Sq Ft Est. Value

About This Home

This home is located at 2559 N Sweet Water Ct, Merced, CA 95348 and is currently estimated at $469,619, approximately $202 per square foot. 2559 N Sweet Water Ct 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 13, 2021
Sold by
Kaur Bassi Parkash
Bought by
Parkash Bassi Revocable Living Trust
Current Estimated Value
$463,369

Purchase Details

Closed on
Jul 9, 2008
Sold by
Bassi Makhan S
Bought by
Bassi Makhan S and Bassi Parkash

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
6.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 6, 2008
Sold by
Sami 2005 Ar8
Bought by
Bassi Makhan S

Purchase Details

Closed on
Oct 26, 2007
Sold by
Ruiz Emiliano and Ruiz Irma
Bought by
Bank Of New York and Inter Chase Bank Na

Purchase Details

Closed on
Nov 10, 2005
Sold by
Pan Lichuan and Pan Chyi
Bought by
Ruiz Emiliano and Ruiz Irma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,200
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 6, 2004
Sold by
El Capitan Estates Llc
Bought by
Pan Lichuan and Pan Chyi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage
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

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Parkash Bassi Revocable Living Trust -- Castleton Law Firm
Bassi Makhan S -- Old Republic Title Company
Bassi Makhan S $205,000 Transcounty Title Company
Bank Of New York $345,000 First American Title Company
Ruiz Emiliano $449,000 Public
Pan Lichuan $311,000 Transcounty Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bassi Parkash $75,000
Previous Owner Bassi Makhan S $100,000
Previous Owner Bassi Makhan S $153,000
Previous Owner Higareda Sergio $372,000
Previous Owner Ruiz Emiliano $359,200
Previous Owner Pan Lichuan $240,000
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 $2,996 $269,258 $78,803 $190,455
2024 $2,996 $263,979 $77,258 $186,721
2023 $2,957 $258,804 $75,744 $183,060
2022 $2,919 $253,730 $74,259 $179,471
2021 $2,913 $248,755 $72,803 $175,952
2020 $2,934 $246,205 $72,057 $174,148
2019 $2,894 $241,379 $70,645 $170,734
2018 $2,654 $236,647 $69,260 $167,387
2017 $2,749 $232,007 $67,902 $164,105
2016 $2,708 $227,459 $66,571 $160,888
2015 $2,668 $224,044 $65,572 $158,472
2014 $1,972 $162,000 $30,000 $132,000
Source: Public Records

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