NOT LISTED FOR SALE

2785 Lexington Ave Merced, CA 95340

Estimated Value: $515,742 - $560,000

4 Beds
3.5 Baths
2,229 Sq Ft
$242/Sq Ft Est. Value

Last Sold March 05, 2024

Last sale price $515,000 $231 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,404/month

103 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • No HOA
  • Double Pane Windows
  • Granite Countertops
  • Breakfast Area or Nook
  • Living Room

About This Home

As of March 2024

Beautiful property near bear creek trails!! This turn key property has a great open concept and is located in a sought after community. Has 4 bedrooms 3.5 baths the fourth bedroom has its own entrance mini kitchen area along with its own bath. Can Be a perfect cash flowing opportunity or if wanting to relocate a family member the options are endless.

Last Listed By

Alex Simon

eXp Realty of California Inc. License #02067940 Listed on: 10/23/2023

eXp Realty of California Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,644

Year Built

  • Built in 2016 | Remodeled

Lot Details

  • 6,103 Sq Ft Lot
  • Back Yard Fenced
  • Zoning described as R-1-6

Parking

  • 2 Car Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,229 Sq Ft Home
  • Ceiling Fan
  • Double Pane Windows
  • Family Room Downstairs
  • Living Room
  • Dining Room

Kitchen

  • Breakfast Area or Nook
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom located in the basement
  • Granite Bathroom Countertops

Laundry

  • Laundry in unit
  • 220 Volts In Laundry

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Central Heating and Cooling System
  • 220 Volts in Kitchen
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 033-253-002-000

Community Details

Overview

  • No Home Owners Association
  • Colonial Acres 03 Subdivision

Building Details

  • Net Lease

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,644

Year Built

Built in 2016 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Subtype Description: Detached
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: Yes
  • Year Built: 2016
  • Architectural Style: Other
  • Subdivision: Colonial Acres 03
  • Remodeled/Updated Desc: Bath 0-5YR
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Tankless Water Heater
  • Flooring: Carpet, Tile
  • Master Bedroom Features: Closet
  • Total Bathrooms: 4
  • Bathroom Features: Granite, Other
  • Dining Room Features: Breakfast Nook, Other
  • Family Room Features: Other
  • Kitchen Features: Breakfast Area, Granite Counter
  • Living Room Features: Other
  • Room Type: Other
  • Lower Level: Bedroom(s), Living Room, Dining Room, Family Room, Master Bedroom, Full Bath(s), Garage, Kitchen
  • Main Level: Bedroom(s), Living Room, Dining Room, Family Room, Master Bedroom, Full Bath(s), Garage, Kitchen
  • Price Per Square Foot: 231.05
  • Square Footage: 2229.00
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Stucco, Wood, Other
  • Disclosures/Documents: None
  • Fencing: Back Yard
  • Foundation: Slab
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 525000.00
  • Lot Features: Auto Sprinkler F&R, Curb(s)/Gutter(s)
  • New Construction: No
  • Pool: No
  • Property Condition: Updated/Remodeled
  • Road Surface Type: Paved
  • Roof: Tile
  • Spa: No
  • Topography: LevelLevel
  • View Description: Other

Garage/Parking

  • Garage Spaces: 2.00
  • Parking Features: 1/2 Car Space, Garage Facing Front, Other
  • Driveway/Sidewalks: Paved Sidewalk, Sidewalk/Curb/Gutter, Paved Driveway

Utilities

  • Security: Carbon Mon Detector, Smoke Detector, Other
  • Sewer: In & Connected
  • Utilities: Public
  • Cooling: Ceiling Fan(s), Central
  • Electric: 220 Volts in Kitchen, 220 Volts in Laundry
  • Heating: Central
  • Laundry Features: Other, Inside Room
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Yes
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Merced Union High

Lot Info

  • Zoning Description: R-1-6
  • Irrigation: Irrigation Available
  • Lot Size Acres: 0.1401
  • Lot Size Sq Ft: 6103.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Type: Net

Multi Family

Tax Info

  • Assessor Parcel Number: 033-253-002-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Merced

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2023
Closed on
Feb 27, 2024
Sold by
Richardson Joseph
Bought by
Salazar Noriega Abigail and Salazar David Cervantes
Seller's Agent
Alex Simon
eXp Realty of California Inc.
Buyer's Agent
Kimberly Lara
Lifestyle Realty
List Price
$545,000
Sold Price
$515,000
Premium/Discount to List
-$30,000
-5.5%
Total Days on Market
103
Views
155
Current Estimated Value
$538,936

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,936
Avg. Annual Appreciation
3.44%
Original Mortgage
$499,550
Outstanding Balance
$493,598
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$43,104

Purchase Details

Closed on
Oct 3, 2023
Sold by
Bennett Eileen and Richardson Joseph
Bought by
Richardson Joseph

Purchase Details

Closed on
Feb 21, 2017
Sold by
Bennett Alonzo D
Bought by
Bennett Eileen Frances

Purchase Details

Listed on
Jan 11, 2016
Closed on
Dec 7, 2016
Sold by
Opinski Eugene J and The 2014 Eugene J Opinski Sepa
Bought by
Okeeffe William
Seller's Agent
Conchita Swiggart
London Properties Ltd - Merced
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$285,480
Sold Price
$335,000
Premium/Discount to List
$49,520
17.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.74%

Purchase Details

Closed on
Jan 21, 2016
Sold by
Op Development Inc
Bought by
2014 Eugene J Opinski Separate Property

Purchase Details

Closed on
Sep 20, 2013
Sold by
Sandoval Lizbeth
Bought by
Op Development Inc

Purchase Details

Closed on
Nov 8, 2012
Sold by
Viani Linda Diane and Althoff Steven Edward
Bought by
Sandoval Lizbeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
3.34%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 24, 2012
Sold by
Viani Linda Diane and Althoff Steven Edward
Bought by
Viani Linda Diane and Althof Steven Edward

Purchase Details

Closed on
Apr 13, 2010
Sold by
Easterby Carmaletta
Bought by
Easterby Carmaletta and The David D Easterby & Carmaletta Easter

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
Salazar Noriega Abigail $515,000 Wfg National Title Insurance C
Richardson Joseph -- Wfg National Title Insurance C
Richardson Joseph -- None Listed On Document
Bennett Eileen Frances -- None Available
Bennett Eileen Frances -- None Available
Okeeffe William $335,000 Fidelity National Title Co
2014 Eugene J Opinski Separate Property $32,500 None Available
Op Development Inc $32,000 Fidelity National Title Comp
Sandoval Lizbeth $56,000 Fidelity National Title Comp
Viani Linda Diane -- None Available
Easterby Carmaletta -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salazar Noriega Abigail $499,550
Previous Owner Sandoval Lizbeth $36,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2024 03/05/24 Sold $515,000 -1.9% $231 / Sq Ft
02/03/2024 02/03/24 Pending -- -- --
01/03/2024 01/03/24 Price Changed $525,000 -1.9% $236 / Sq Ft
11/20/2023 11/20/23 Price Changed $535,000 -1.8% $240 / Sq Ft
10/23/2023 10/23/23 For Sale $545,000 +62.7% $245 / Sq Ft
12/13/2016 12/13/16 Sold $335,000 0.0% $150 / Sq Ft
11/15/2016 11/15/16 Pending -- -- --
07/25/2016 07/25/16 Price Changed $335,000 +0.8% $150 / Sq Ft
06/30/2016 06/30/16 Price Changed $332,400 +16.4% $149 / Sq Ft
01/11/2016 01/11/16 For Sale $285,480 -- $128 / 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
2024 $4,644 $440,580 $68,099 $372,481
2023 $4,028 $373,695 $50,196 $323,499
2022 $3,975 $366,368 $49,212 $317,156
2021 $3,966 $359,186 $48,248 $310,938
2020 $3,998 $355,504 $47,754 $307,750
2019 $3,940 $348,534 $46,818 $301,716
2018 $3,594 $341,700 $45,900 $295,800
2017 $3,731 $335,000 $45,000 $290,000
2016 $170 $14,496 $14,496 $0
2015 $167 $14,279 $14,279 $0
2014 $164 $14,000 $14,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 223101704

MetroList

APN: 033-253-002