NOT LISTED FOR SALE

2778 Madrid Ave Merced, CA 95348

Estimated Value: $344,000 - $362,940

4 Beds
2 Baths
1,457 Sq Ft
$243/Sq Ft Est. Value

Last Sold July 19, 2017

Last sale price $198,000 $136 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $2,059/month

23 Days on Market

Highlights

  • Private Yard
  • Neighborhood Views
  • Living Room
  • No HOA
  • Eat-In Kitchen
  • Laundry Room

About This Home

As of July 2017

Great location with quick access to Hwy 99, close to shopping areas, and CAT Track and Public Park just blocks away. Newly done interior paint, newly installed carpet, flooring in bathrooms and laundry area, and bathroom vanities.

Last Agent to Sell the Property

Andy Krotik

Keller Williams Property Team License #01040802 Listed on: 05/01/2017

Keller Williams Property Team

Co-Listed By

Elisa Trevino

Homesmart PV & Assoc., Merced License #02030949

Last Buyer's Agent

Maria Uribe

Homesmart PV & Assoc., Merced License #01472481

Homesmart PV & Assoc., Merced

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,375

Year Built

  • Built in 1997

Lot Details

  • 4,129 Sq Ft Lot
  • Private Yard
  • Property is zoned RP-D

Parking

  • 2 Car Garage

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,457 Sq Ft Home
  • Living Room
  • Neighborhood Views
  • Eat-In Kitchen
  • Laundry Room

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Location

  • Suburban Location

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 058370026000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,375

Year Built

Built in 1997

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: RP-D
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 058370026000
  • Year Built: 1997
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1457.00 Square Feet
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Tile
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Eating Area: In Kitchen
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 135.90
  • Room Type: All Bedrooms Down, Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom

Exterior Features

  • Foundation: Slab
  • View: Neighborhood
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Natural Gas Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • 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: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 4129.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 10.05

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 8, 2019
Sold by
Samano Samano Celso A Celso A and Samano Resendiz Celso
Bought by
Samano Monica I and Samano Celso R
Current Estimated Value
$353,735

Purchase Details

Listed on
May 1, 2017
Closed on
Jul 11, 2017
Sold by
Samano Monica
Bought by
Samano Celso R
Seller's Agent
Andy Krotik
Keller Williams Property Team
Buyer's Agent
Maria Uribe
Homesmart PV & Assoc., Merced
List Price
$220,000
Sold Price
$198,000
Premium/Discount to List
-$22,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.26%
Original Mortgage
$56,000
Outstanding Balance
$46,527
Interest Rate
3.89%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$307,208

Purchase Details

Closed on
May 19, 2010
Sold by
Dela Cruz Susan L
Bought by
Ng Pamela Wai Ah

Purchase Details

Closed on
Jun 3, 2005
Sold by
Tallant Elvis K and Tallant Patricia Ann
Bought by
Dela Cruz Susan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 18, 2003
Sold by
Tallant Elvis K and Tallant Patricia Ann
Bought by
Tallant Elvis K and Tallant Patricia A

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
7.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 28, 1996
Sold by
Westside Development Inc
Bought by
Tallant Elvis K and Tallant Patricia Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,850
Interest Rate
6.63%
Mortgage Type
VA
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
Samano Monica I -- None Available
Samano Celso R -- First American Title Company
Samano Celso R $198,000 First American Title Company
Ng Pamela Wai Ah $88,000 First American Title Company
Dela Cruz Susan L $330,000 Fidelity Natl Title Co Of Ca
Tallant Elvis K -- Commerce Title Company
Tallant Elvis K $95,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Samano Celso R $56,000
Previous Owner Dela Cruz Susan L $264,000
Previous Owner Tallant Elvis K $153,000
Previous Owner Tallant Elvis K $97,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2017 07/19/17 Sold $198,000 -5.7% $136 / Sq Ft
05/24/2017 05/24/17 Pending -- -- --
05/17/2017 05/17/17 Price Changed $210,000 -4.5% $144 / Sq Ft
05/01/2017 05/01/17 For Sale $220,000 -- $151 / 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 $2,375 $225,285 $51,200 $174,085
2024 $2,375 $220,869 $50,197 $170,672
2023 $2,342 $216,539 $49,213 $167,326
2022 $2,379 $212,295 $48,249 $164,046
2021 $2,363 $208,133 $47,303 $160,830
2020 $2,309 $205,999 $46,818 $159,181
2019 $2,280 $201,960 $45,900 $156,060
2018 $2,079 $198,000 $45,000 $153,000
2017 $1,153 $97,871 $8,896 $88,975
2016 $1,136 $95,953 $8,722 $87,231
2015 $1,112 $94,512 $8,591 $85,921
2014 $1,086 $92,661 $8,423 $84,238
Source: Public Records

Agents Affiliated with this Home

  • Andy Krotik

    Seller's Agent in 2017

    Andy Krotik

    Keller Williams Property Team

    (209) 756-1579

    193 Total Sales

    Andy Krotik
    Section Image

  • E

    Seller Co-Listing Agent in 2017

    Elisa Trevino

    Homesmart PV & Assoc., Merced

    (209) 358-6429

    22 Total Sales

    Elisa Trevino
    Section Image

  • M

    Buyer's Agent in 2017

    Maria Uribe

    Homesmart PV & Assoc., Merced

    (209) 201-9570

    9 Total Sales

    Maria Uribe
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC17094453

California Regional Multiple Listing Service (CRMLS)

APN: 058-370-026

California Merced County Merced 95348

2778 Madrid Ave, Merced, CA

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