NOT LISTED FOR SALE

2860 Drake Ave Merced, CA 95348

Franklin Neighborhood

Estimated Value: $406,000 - $427,300

4 Beds
2 Baths
1,711 Sq Ft
$242/Sq Ft Est. Value

Last Sold March 13, 2020

Last sale price $280,000 $164 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $2,427/month

69 Days on Market

Highlights

  • Built in 2019 | Newly Remodeled
  • Open Floorplan
  • High Ceiling
  • Primary Bedroom Suite
  • Corner Lot
  • Great Room

About This Home

As of March 2020

Brand new 4 bedroom 2 bathroom home being built on a large 12,500 plus sq. ft. corner lot. Home features an open floor plan, with a large 4 stool kitchen island that will open to the dining and living rooms. Granite counter tops, carpeted bedrooms and living room, and vinyl plank flooring elsewhere. Indoor laundry room, walk-in pantry, plus double sinks in each bathroom. Energy features will include tankless water heater, ceiling fans, and lifetime warranty Gilwin windows.

Last Agent to Sell the Property

Allen Sietsema

AGS Real Estate License #01451642 Listed on: 08/22/2019

Last Buyer's Agent

Loretta Ceja

Realty Executives Of Northern California License #01819891

Realty Executives Of Northern California

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2019 | Newly Remodeled

Lot Details

  • 0.29 Acre Lot
  • Property fronts a county road
  • Fenced
  • New Fence
  • Corner Lot
  • Level Lot
  • Irregular Lot

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Single Garage Door
  • Driveway

Home Design

  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,711 Sq Ft Home
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Window Screens
  • Entryway
  • Great Room
  • Family Room Off Kitchen
  • Living Room
  • Storage
  • Neighborhood Views

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Electric Oven
  • Self-Cleaning Oven
  • Electric Range
  • Free-Standing Range
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Granite Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Low Flow Toliet
  • Bathtub with Shower
  • Walk-in Shower
  • Low Flow Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • 220 Volts In Laundry
  • Washer and Electric Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Urban Location

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • 220 Volts in Kitchen
  • Tankless Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 210
  • Assessor Parcel Number 057662009000

Home Details

Home Type

Single Family

Year Built

Built in 2019 | Newly Remodeled

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: R-1
  • New Construction: Yes
  • Property Condition: Under Construction
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 057662009000
  • Year Built: 2019
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1711.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Granite Counters, High Ceilings, Open Floorplan, Pantry, Recessed Lighting, Storage, Unfurnished
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Tile, Vinyl
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 163.65
  • Room Type: Entry, Great Room, Kitchen, Laundry, Living Room, Master Suite, Walk-In Pantry
  • Window Features: Double Pane Windows, Screens
  • Bathroom Features: Low Flow Shower, Low Flow Toilet(s), Shower, Shower In Tub, Double Sinks In Bath(s), Double Sinks In Master Bath, Granite Counters, Linen Closet/Storage
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Foundation: Concrete Perimeter, Slab
  • View: Neighborhood
  • Fence: Yes
  • Fencing: New Condition
  • Pool Private: No
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Concrete, Garage Faces Front, Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Available, Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Self Cleaning Oven, Dishwasher, Electric Oven, Electric Range, Free-Standing Range, Disposal, Self Cleaning Oven, Tankless Water Heater, Vented Exhaust Fan, Water Line to Refrigerator
  • Electric: 220 Volts in Kitchen, 220 Volts in Laundry, Standard
  • Heating Type: Central, Forced Air, Natural Gas
  • Laundry Features: Electric Dryer Hookup, Individual Room, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Lot 10000-19999 Sqft, Irregular Lot, Level
  • Lot Size Sq Ft: 12554.00
  • Lot Size Acres: 0.2882
  • Latitude Manual: 37.32974700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 12554.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 9.02
  • Tax Lot: 210

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2019
Closed on
Feb 28, 2020
Sold by
Newsome Jonathan and Newsome Jonee
Bought by
Zacarias Jorge Arturo Guzman and Guzman Dulce Myriam
Seller's Agent
Allen Sietsema
AGS Real Estate
Buyer's Agent
Loretta Ceja
Realty Executives Of Northern California
List Price
$280,000
Sold Price
$280,000
Current Estimated Value
$414,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,075
Avg. Annual Appreciation
6.89%
Original Mortgage
$266,000
Outstanding Balance
$235,581
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$178,494

Purchase Details

Closed on
Jul 24, 2019
Sold by
Newsome Jonathan
Bought by
Newsome Jonathan and Newsome Jonee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.8%
Mortgage Type
Commercial

Purchase Details

Closed on
May 3, 2019
Sold by
Newsome Jonee R
Bought by
Newsome Jonathan

Purchase Details

Closed on
May 2, 2019
Sold by
Jantz Charles and Jantz Paula
Bought by
Newsome Jonathan

Purchase Details

Closed on
May 9, 2008
Sold by
Friesen Benny and Friesen Sherrilee
Bought by
Jantz Charles and Jantz Paula

Purchase Details

Closed on
Dec 3, 2007
Sold by
El Capitan Estates Llc
Bought by
Friesen Benny and Friesen Sherrilee
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Zacarias Jorge Arturo Guzman $280,000 Fidelity National Title Co
Newsome Jonathan -- Transcounty Title Company
Newsome Jonathan -- Transcounty Title Company
Newsome Jonathan $35,000 Transcounty Title Company
Jantz Charles $30,000 None Available
Friesen Benny $748,000 Transcounty Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zacarias Jorge Arturo Guzman $266,000
Previous Owner Newsome Jonathan $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/13/2020 03/13/20 Sold $280,000 0.0% $164 / Sq Ft
10/30/2019 10/30/19 Pending -- -- --
08/22/2019 08/22/19 For Sale $280,000 -- $164 / 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 $3,320 $307,338 $60,148 $247,190
2024 $3,320 $301,313 $58,969 $242,344
2023 $3,264 $294,327 $57,813 $236,514
2022 $3,221 $288,557 $56,680 $231,877
2021 $3,213 $282,900 $55,569 $227,331
2020 $2,138 $176,200 $61,200 $115,000
2019 $483 $35,321 $35,321 $0
2018 $446 $34,629 $34,629 $0
2017 $460 $33,950 $33,950 $0
2016 $454 $33,285 $33,285 $0
2015 $449 $32,786 $32,786 $0
2014 $305 $20,000 $20,000 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2020

    Allen Sietsema

    AGS Real Estate

    Section Image

  • L

    Buyer's Agent in 2020

    Loretta Ceja

    Realty Executives

    (209) 617-0513

    2 in this area

    20 Total Sales

    Loretta Ceja
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC19201955

California Regional Multiple Listing Service (CRMLS)

APN: 057-662-009

California Merced County Merced 95348 Franklin

2860 Drake Ave, Merced, CA

Not Listed for Sale

Detached

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