NOT LISTED FOR SALE

2769 Madrid Ave Merced, CA 95348

Estimated Value: $352,000 - $399,000

5 Beds
2 Baths
1,458 Sq Ft
$254/Sq Ft Est. Value

Last Sold May 16, 2024

Last sale price $240,000 $165 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $2,091/month

213 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • 1-Story Property
  • 2 Car Attached Garage
  • Central Air

About This Home

As of May 2024

Nice versatile Home Located in Merced, it features 5 Bedrooms, 2 Baths, a Fireplace in the Living room, Spacious Kitchen, Indoor Laundry, 2 Car Garage, Close to shopping and Freeway.

Last Agent to Sell the Property

Guillermo Bravo

Homesmart PV & Associates Brokerage Phone: 209-261-7021 License #01441674 Listed on: 03/21/2023

Last Buyer's Agent

Guillermo Bravo

Homesmart PV & Associates Brokerage Phone: 209-261-7021 License #01441674 Listed on: 03/21/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,696

Year Built

  • Built in 1997

Lot Details

  • 4,025 Sq Ft Lot
  • Front Yard Sprinklers
  • Property is zoned RP-D

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,458 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Exterior Lighting
  • Central Air

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 058370031000
  • $276 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,696

Year Built

Built in 1997

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: RP-D
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 058370031000
  • Year Built: 1997
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1458.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 5
  • Price Per Square Foot: 164.61
  • Room Type: Kitchen, Living Room, Primary Bathroom, Primary Bedroom

Exterior Features

  • Foundation: Slab
  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Laundry: Yes
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sprinklers In Front
  • Lot Size Sq Ft: 4025.00
  • Lot Size Acres: 0.0924

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4025.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 10.05
  • Tax Lot: 24
  • TaxOtherAnnualAssessmentAmount: 276.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2023
Closed on
May 6, 2024
Sold by
Marshall Alonzo and Marshall Ronnie
Bought by
Madrigal Luis F Molina
Seller's Agent
Guillermo Bravo
Homesmart PV & Associates
Buyer's Agent
Guillermo Bravo
Homesmart PV & Associates
List Price
$360,000
Sold Price
$240,000
Premium/Discount to List
-$120,000
-33.33%
Views
819
Current Estimated Value
$370,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,679
Avg. Annual Appreciation
34.96%
Original Mortgage
$216,000
Interest Rate
6.79%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 9, 2000
Sold by
Vellutini Marla
Bought by
Marshall Alonzo

Purchase Details

Closed on
Aug 28, 1996
Sold by
Westside Development Inc
Bought by
Vellutini Marla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,734
Interest Rate
7.74%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Madrigal Luis F Molina $240,000 Fidelity National Title Compan
Madrigal Luis F Molina -- Fidelity National Title Compan
Marshall Alonzo $106,500 Chicago Title Co
Vellutini Marla $97,500 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Madrigal Luis F Molina $216,000
Previous Owner Vellutini Marla $94,734
Closed Vellutini Marla $9,777
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2024 05/16/24 Sold $240,000 -32.4% $165 / Sq Ft
10/20/2023 10/20/23 Pending -- -- --
07/15/2023 07/15/23 Price Changed $355,000 -1.4% $243 / Sq Ft
03/21/2023 03/21/23 For Sale $360,000 -- $247 / 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 $1,696 $382,500 $112,200 $270,300
2024 $1,696 $157,306 $44,306 $113,000
2023 $1,673 $154,223 $43,438 $110,785
2022 $1,718 $151,200 $42,587 $108,613
2021 $1,704 $148,236 $41,752 $106,484
2020 $1,645 $146,717 $41,324 $105,393
2019 $1,624 $143,841 $40,514 $103,327
2018 $1,481 $141,021 $39,720 $101,301
2017 $1,524 $138,257 $38,942 $99,315
2016 $1,499 $135,547 $38,179 $97,368
2015 $1,469 $133,512 $37,606 $95,906
2014 $1,433 $130,898 $36,870 $94,028
Source: Public Records

Agents Affiliated with this Home

  • Guillermo Bravo

    Seller's Agent in 2024

    Guillermo Bravo

    Homesmart PV & Associates

    (209) 261-7021

    57 Total Sales

    Guillermo Bravo
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC23046627

California Regional Multiple Listing Service (CRMLS)

APN: 058-370-031

California Merced County Merced 95348

2769 Madrid Ave, Merced, CA

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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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