NOT LISTED FOR SALE

2844 La Palma Ave Merced, CA 95348

Estimated Value: $332,000 - $371,860

5 Beds
2 Baths
1,458 Sq Ft
$244/Sq Ft Est. Value

Last Sold March 27, 2023

Last sale price $339,900 $233 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,189/month

140 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Back Yard
  • 2 Car Attached Garage
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of March 2023

This home is located at 2844 La Palma Ave, Merced, CA 95348 since 13 October 2022 and is currently estimated at $355,965, approximately $244 per square foot. This property was built in 1997. 2844 La Palma Ave is a home located in Merced County with nearby schools including Luther Burbank Elementary School, Tenaya Middle School, and Merced High School.

Last Agent to Sell the Property

David Love

David Alan Love License #01149257 Listed on: 10/13/2022

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,793

Year Built

  • Built in 1997

Lot Details

  • 4,003 Sq Ft Lot
  • Front Yard Sprinklers
  • Back Yard
  • Property is zoned RP-D

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,458 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 31
  • Assessor Parcel Number 058370062000
  • $281 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,793

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: 058370062000
  • Year Built: 1997
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1458.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 5
  • Price Per Square Foot: 233.13
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

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

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Sprinkler System, Sprinklers In Front
  • Lot Size Sq Ft: 4003.00
  • Lot Size Acres: 0.0919

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4003.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 10.05
  • Tax Lot: 31
  • TaxOtherAnnualAssessmentAmount: 281.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2022
Closed on
Mar 20, 2023
Sold by
2014 Janghala Family Revocable Trust
Bought by
Ibrahim Osamah
Seller's Agent
David Love
David Alan Love
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$349,900
Sold Price
$339,900
Premium/Discount to List
-$10,000
-2.86%
Views
444
Current Estimated Value
$355,965

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,065
Avg. Annual Appreciation
1.77%
Original Mortgage
$147,300
Outstanding Balance
$142,667
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$213,298

Purchase Details

Closed on
Jan 20, 2015
Sold by
Singh Madhulika and Singh Virendra
Bought by
2014 Janghala Family Revocable Trust

Purchase Details

Closed on
Apr 23, 2013
Sold by
Hayes Raymond L and Hayes Marilyn Y
Bought by
Singh Madhulika and Singh Virendra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,250
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 8, 2009
Sold by
Fdic
Bought by
Hayes Raymond L and Hayes Marilyn Y

Purchase Details

Closed on
Mar 19, 2009
Sold by
Andaverde Christian
Bought by
Indymac Federal Bank Fsb

Purchase Details

Closed on
May 1, 2003
Sold by
Shea Rory C and Shea Kim M
Bought by
Andaverde Christian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,388
Interest Rate
5.26%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 22, 2002
Sold by
Torres Valente and Torres Cleopatra Ann
Bought by
Shea Rory C and Shea Kim M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
6.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 18, 1997
Sold by
Westside Development Inc
Bought by
Torres Valente and Torres Cleopatra Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,524
Interest Rate
6.79%
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
Ibrahim Osamah $340,000 First American Title
2014 Janghala Family Revocable Trust -- None Available
Singh Madhulika -- None Available
Singh Madhulika $115,000 Fidelity National Title Comp
Hayes Raymond L $62,000 Chicago Title
Indymac Federal Bank Fsb $115,923 None Available
Andaverde Christian $169,000 Chicago Title Company
Shea Rory C $136,000 Fidelity Title Company
Torres Valente $97,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ibrahim Osamah $147,300
Previous Owner Singh Madhulika $86,250
Previous Owner Andaverde Christian $166,388
Previous Owner Shea Rory C $102,000
Previous Owner Torres Valente $96,524
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/27/2023 03/27/23 Sold $339,900 0.0% $233 / Sq Ft
12/29/2022 12/29/22 Price Changed $339,900 -2.9% $233 / Sq Ft
10/13/2022 10/13/22 For Sale $349,900 -- $240 / 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 $3,793 $353,631 $109,242 $244,389
2024 $3,793 $346,698 $107,100 $239,598
2023 $1,553 $136,108 $17,751 $118,357
2022 $1,602 $133,440 $17,403 $116,037
2021 $1,589 $130,824 $17,062 $113,762
2020 $1,530 $129,484 $16,888 $112,596
2019 $1,513 $126,946 $16,557 $110,389
2018 $1,381 $124,458 $16,233 $108,225
2017 $1,422 $122,018 $15,915 $106,103
2016 $1,400 $119,626 $15,603 $104,023
2015 $1,372 $117,830 $15,369 $102,461
2014 $1,340 $115,522 $15,068 $100,454
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2023

    David Love

    David Alan Love

    Section Image

  • N

    Buyer's Agent in 2023

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    6,005 Total Sales

    NoEmail NoEmail
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC22221831

California Regional Multiple Listing Service (CRMLS)

APN: 058-370-062

California Merced County Merced 95348

2844 La Palma 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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