NOT LISTED FOR SALE

2855 Elm Ave Merced, CA 95348

Franklin Neighborhood

Estimated Value: $207,000 - $284,000

2 Beds
1 Bath
983 Sq Ft
$253/Sq Ft Est. Value

Last Sold January 22, 2016

Last sale price $59,000 $60 Per Sq Ft

Est. 321% increase in value since last sale

Current estimated payment $1,352/month

7 Days on Market

Highlights

  • All Bedrooms Downstairs
  • No HOA
  • Laundry Room
  • Contemporary Architecture
  • Formal Dining Room
  • Shed

About This Home

As of January 2016

2 BEDROOM 1 BATH HOME IN NEED OF TLC

Last Agent to Sell the Property

Esther Valencia

Valencia Real Estate Group License #01522963 Listed on: 08/28/2015

Last Buyer's Agent

Karen Cook

Realty Executives Of Northern California License #01853166

Realty Executives Of Northern California

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1949

Lot Details

  • 9,322 Sq Ft Lot
  • Lot Dimensions are 50x189.31
  • South Facing Home
  • Rectangular Lot
  • Level Lot

Parking

  • 1 Car Garage
  • Parking Available
  • Unassigned Parking

Home Design

  • Contemporary Architecture
  • Additions or Alterations
  • Raised Foundation
  • Frame Construction
  • Stucco

Interior Spaces

  • 983 Sq Ft Home
  • Formal Dining Room
  • Laminate Countertops
  • Laundry Room

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down
  • 1 Full Bathroom

Outdoor Features

  • Exterior Lighting
  • Shed

Utilities

  • Central Heating and Cooling System
  • 220 Volts For Spa

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 057242011000

Home Details

Home Type

Single Family

Year Built

Built in 1949

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Maintained
  • View: No
  • Architectural Style: Contemporary
  • Property Condition: Additions/Alterations
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 057242011000
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 983.00
  • Interior Amenities: Laminate Counters
  • Common Walls: No Common Walls
  • Flooring: Laminate, Carpet
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Separated
  • Levels: One
  • Price Per Square Foot: 60.02
  • Room Type: All Bedrooms Down

Exterior Features

  • Patio: No
  • Direction Faces: South
  • Foundation: Raised
  • Other Structures: Shed(s)
  • Pool Private: No
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Electric: 220 Volts For Spa
  • Heating Type: Central
  • Laundry Features: Inside
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Level, Rectangular Lot
  • Lot Size: 50X189.31
  • Lot Size Sq Ft: 9322.00
  • Price Per Lot Square Foot: 6.33
  • Lot Size Acres: 0.2140

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9322.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2015
Closed on
Jan 8, 2016
Sold by
Vang Peng Cheng
Bought by
Yang Mai Nhia
Seller's Agent
Esther Valencia
Valencia Real Estate Group
Buyer's Agent
Karen Cook
Realty Executives Of Northern California
List Price
$50,000
Sold Price
$59,000
Premium/Discount to List
$9,000
18%
Current Estimated Value
$248,625

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,625
Avg. Annual Appreciation
15.49%
Original Mortgage
$41,300
Outstanding Balance
$32,782
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$215,843

Purchase Details

Closed on
Dec 9, 1997
Sold by
Truste Behrendt Theodore P & Betty Louise
Bought by
Mejia Isidro J and Mejia Adriana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,527
Interest Rate
6.99%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Yang Mai Nhia -- Transcounty Title Company
Yang Mai Nhia $59,000 Transcounty Title Company
Mejia Isidro J $53,000 Transcounty Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yang Mai Nhia $41,300
Previous Owner Mejia Isidro J $53,527
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/22/2016 01/22/16 Sold $59,000 +18.0% $60 / Sq Ft
09/04/2015 09/04/15 Pending -- -- --
08/28/2015 08/28/15 For Sale $50,000 -- $51 / 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 $783 $69,837 $41,429 $28,408
2024 $783 $68,468 $40,617 $27,851
2023 $773 $67,126 $39,821 $27,305
2022 $762 $65,811 $39,041 $26,770
2021 $760 $64,522 $38,276 $26,246
2020 $764 $63,861 $37,884 $25,977
2019 $753 $62,610 $37,142 $25,468
2018 $689 $61,383 $36,414 $24,969
2017 $714 $60,180 $35,700 $24,480
2016 $850 $72,148 $33,713 $38,435
2015 $837 $71,065 $33,207 $37,858
2014 $712 $60,000 $30,000 $30,000
Source: Public Records

Agents Affiliated with this Home

  • Esther Valencia

    Seller's Agent in 2016

    Esther Valencia

    Valencia Real Estate Group

    (209) 261-0658

    32 Total Sales

    Esther Valencia
    Section Image
  • Karen Cook

    Buyer's Agent in 2016

    Karen Cook

    Realty Executives

    (209) 658-2052

    1 in this area

    85 Total Sales

    Karen Cook
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC15194189

California Regional Multiple Listing Service (CRMLS)

APN: 057-242-011

California Merced County Merced 95348 Franklin

2855 Elm Ave, Merced, CA

Not Listed for Sale

Detached

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