NOT LISTED FOR SALE

Estimated Value: $338,000 - $374,381

4 Beds
2 Baths
1,425 Sq Ft
$249/Sq Ft Est. Value

About This Home

This home is located at 2873 Elm Ave, Merced, CA 95348 and is currently estimated at $355,345, approximately $249 per square foot. 2873 Elm Ave is a home located in Merced County with nearby schools including Franklin Elementary School, Rudolph Rivera Middle School, and Buhach Colony High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2009
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Lee Chue Y
Current Estimated Value
$355,345

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,460
Outstanding Balance
$52,816
Interest Rate
4.8%
Mortgage Type
FHA
Estimated Equity
$304,029

Purchase Details

Closed on
Feb 5, 2009
Sold by
Lor Pai Yang
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Apr 19, 2008
Sold by
Yang Cha and Yang Mai M
Bought by
Lor Pai Yang

Purchase Details

Closed on
Jun 27, 2007
Sold by
Lor Pai Yang
Bought by
Lor Pai Yang and Yang Cha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,000
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 2006
Sold by
Lor Pai Yang
Bought by
Lor Pai Yang and Yang Cha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,750
Interest Rate
2.25%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 24, 2006
Sold by
Cowden Real Estate Investment Inc
Bought by
Lor Pai Yang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,750
Interest Rate
2.25%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 12, 2005
Sold by
Severin Johnnie
Bought by
Cowden Real Estate Investments Inc

Purchase Details

Closed on
Jan 12, 1998
Sold by
Williams Dorothy B
Bought by
Severin Johnnie R
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Lee Chue Y $85,000 First American Title
Federal Home Loan Mortgage Corporation $114,900 Orange Coast Title
Lor Pai Yang -- None Available
Lor Pai Yang -- First American Title
Lor Pai Yang -- First American Title
Lor Pai Yang -- None Available
Lor Pai Yang $285,000 Transcounty Title Company
Cowden Real Estate Investments Inc $85,500 Transcounty Title Company
Severin Johnnie R $14,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Chue Y $83,460
Previous Owner Lor Pai Yang $303,000
Previous Owner Lor Pai Yang $270,750
Previous Owner Cowden Real Estate Investments Inc $60,000
Source: Public Records

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 $1,198 $109,443 $32,184 $77,259
2024 $1,198 $107,298 $31,553 $75,745
2023 $1,182 $105,195 $30,935 $74,260
2022 $1,166 $103,133 $30,329 $72,804
2021 $1,163 $101,112 $29,735 $71,377
2020 $1,170 $100,077 $29,431 $70,646
2019 $1,153 $98,115 $28,854 $69,261
2018 $1,055 $96,192 $28,289 $67,903
2017 $1,093 $94,307 $27,735 $66,572
2016 $1,077 $92,459 $27,192 $65,267
2015 $1,060 $91,071 $26,784 $64,287
2014 $1,038 $89,288 $26,260 $63,028
Source: Public Records

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