NOT LISTED FOR SALE

2855 La Palma Ave Merced, CA 95348

Estimated Value: $312,000 - $325,122

3 Beds
2 Baths
1,089 Sq Ft
$291/Sq Ft Est. Value

Last Sold June 27, 2016

Last sale price $165,000 $152 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $1,847/month

23 Days on Market

Highlights

  • No HOA
  • Bathtub with Shower
  • 1-Story Property
  • 2 Car Attached Garage
  • Central Heating

About This Home

As of June 2016

Beautiful home with high celling entrance need to see this one. New granite counter in kitchen. New Tile floors in kitchen and entrance. New Carpet and new Paint.

Last Agent to Sell the Property

Bertha Hernandez

HomeSmart PV & Associates License #01280224 Listed on: 04/09/2016

HomeSmart PV & Associates

Last Buyer's Agent

Francisco Monje

Blue Door Realty Inc License #01787633

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,167

Year Built

  • Built in 1999 | Remodeled

Lot Details

  • 3,920 Sq Ft Lot
  • Zoning described as R1

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,089 Sq Ft Home
  • 1-Story Property
  • Laundry in Garage

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Utilities

  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 058-370-054-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,167

Year Built

Built in 1999 | 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: 1999
  • Stories: 1
  • Remodeled/Updated Desc: Bath 0-5YR,Bed 0-5YR,Kitchen 0-5YR
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet,Tile,Linoleum/Vinyl
  • Bathroom Features: Tub w/Shower Over
  • Bathrooms: 2.00
  • Dining Room Features: Space in Kitchen
  • Room Type: Baths Other
  • Price Per Square Foot: 151.52
  • Square Footage: 1089

Exterior Features

  • Construction Materials: Stucco,Wood
  • Disclosures/Documents: CC&Rs
  • Foundation: Slab
  • Listing Price: 177000.00
  • Lot Features: Street Lights
  • Pool: No
  • Property Condition: Updated/Remodeled
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached
  • Driveway/Sidewalks: Sidewalk/Curb/Gutter

Utilities

  • Sewer: In & Connected
  • Utilities: All Public
  • Cooling: Ceiling Fan(s),Central
  • Heating: Central
  • Laundry Features: In Garage
  • Water Source: Meter Available,Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Merced Union High

Lot Info

  • Zoning Description: R1
  • Irrigation: Meter Available,Public District
  • Lot Size Acres: 0.0900
  • Lot Size Sq Ft: 3920

Tax Info

  • Assessor Parcel Number: 058-370-054-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Merced

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2016
Closed on
Jun 6, 2016
Sold by
Ruelas Jose Alfredo
Bought by
Giron Juana
Seller's Agent
Bertha Hernandez
HomeSmart PV & Associates
Buyer's Agent
Francisco Monje
Blue Door Realty Inc
List Price
$177,000
Sold Price
$165,000
Premium/Discount to List
-$12,000
-6.78%
Current Estimated Value
$316,781

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,781
Avg. Annual Appreciation
7.21%
Original Mortgage
$123,750
Outstanding Balance
$98,491
Interest Rate
3.57%
Mortgage Type
New Conventional
Estimated Equity
$218,290

Purchase Details

Listed on
Apr 9, 2016
Closed on
Jun 3, 2016
Sold by
Vega Hector
Bought by
Giron Juana and Melendez Yvonne E
Seller's Agent
Bertha Hernandez
HomeSmart PV & Associates
Buyer's Agent
Francisco Monje
Blue Door Realty Inc
List Price
$177,000
Sold Price
$165,000
Premium/Discount to List
-$12,000
-6.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,750
Outstanding Balance
$98,491
Interest Rate
3.57%
Mortgage Type
New Conventional
Estimated Equity
$218,290

Purchase Details

Listed on
Aug 14, 2015
Closed on
Nov 13, 2015
Sold by
Vega Rosa
Bought by
Vega Hector
Seller's Agent
Tracey Lawrence
Vylla Home Inc.
Buyer's Agent
Bertha Hernandez
HomeSmart PV & Associates
List Price
$135,000
Sold Price
$125,900
Premium/Discount to List
-$9,100
-6.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
60.72%

Purchase Details

Closed on
Jul 20, 2015
Sold by
Sanchez John and Estate Of Lucille Matthews
Bought by
Champion Mortgage Company and Nationstar Mortgage Llc

Purchase Details

Closed on
Jul 20, 2006
Sold by
Matthews Roanika
Bought by
Matthews Lucille

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$447,000
Interest Rate
6.59%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Nov 5, 2004
Sold by
Matthews Roanika
Bought by
Matthews Lucille and Matthews Roanika

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2001
Sold by
Walker Maxine
Bought by
Matthews Roanika

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,500
Interest Rate
6.98%

Purchase Details

Closed on
Aug 18, 1997
Sold by
Westside Development Inc
Bought by
Walker Maxine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,866
Interest Rate
7.86%
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
Giron Juana -- First American Title Company
Giron Juana $167,500 First American Title Company
Vega Hector -- Wfg Title Company Of Ca
Vega Hector $126,000 Wfg Title Company Of Ca
Champion Mortgage Company $240,410 Stewart Title Company
Matthews Lucille -- First American Title Co
Matthews Lucille -- Alliance Title Company
Matthews Roanika $106,500 Fidelity National Title Co
Walker Maxine $88,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Giron Juana $123,750
Previous Owner Matthews Lucille $447,000
Previous Owner Matthews Lucille $81,000
Previous Owner Matthews Roanika $63,500
Previous Owner Walker Maxine $86,866
Closed Walker Maxine $4,387
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/27/2016 06/27/16 Sold $165,000 -6.8% $152 / Sq Ft
04/29/2016 04/29/16 Pending -- -- --
04/06/2016 04/06/16 For Sale $177,000 +40.6% $163 / Sq Ft
12/02/2015 12/02/15 Sold $125,900 -6.7% $116 / Sq Ft View Prior Sale
11/09/2015 11/09/15 Pending -- -- --
08/13/2015 08/13/15 For Sale $135,000 -- $124 / 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
2025 $2,167 $198,278 $53,268 $145,010
2024 $2,167 $194,391 $52,224 $142,167
2023 $2,138 $190,580 $51,200 $139,380
2022 $2,180 $186,845 $50,197 $136,648
2021 $2,165 $183,182 $49,213 $133,969
2020 $2,111 $181,305 $48,709 $132,596
2019 $2,085 $177,751 $47,754 $129,997
2018 $1,904 $174,267 $46,818 $127,449
2017 $1,927 $167,500 $45,000 $122,500
2016 $1,470 $125,900 $45,000 $80,900
2015 $1,329 $121,000 $35,000 $86,000
2014 -- $100,000 $30,000 $70,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 16021219

MetroList

APN: 058-370-054