NOT LISTED FOR SALE

2895 Oleander Ave Merced, CA 95340

North Merced Neighborhood

Estimated Value: $282,000 - $446,521

2 Beds
1 Bath
1,132 Sq Ft
$320/Sq Ft Est. Value

Last Sold February 19, 2020

Last sale price $176,000 $155 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $2,058/month

101 Days on Market

Highlights

  • 0.61 Acre Lot
  • Bathtub
  • 1-Story Property
  • No HOA
  • Carpet

About This Home

As of February 2020

OPPORTUNITY IS KNOCKING! Home on over half an acre lot located North Merced and within City Limits! Great investment property or starter home awaits you! This move in ready home, offers 3 bedrooms and 2 baths! This home features a newly remodeled kitchen with granite counters and tile flooring. The interior and exterior have been freshly painted PLUS the garage has been converted to give the new owner a game or bonus room! All this is situated on a large lot over a half an acre. Feels like country but within the city limits! Conveniently located in North Merced and minutes from Merced Junior College, UC Merced, parks and shopping centers.

Last Agent to Sell the Property

Genaro Duran

NextHome D&G Realty Group License #01434524 Listed on: 10/11/2019

NextHome D&G Realty Group

Last Buyer's Agent

Non-MLS Member

Non-MLS Office

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950 | Remodeled

Lot Details

  • 0.61

Parking

  • No Garage

Home Design

  • Composition Roof

Interior Spaces

  • 1,132 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Laundry in unit

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub

Additional Features

  • 0.61 Acre Lot
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 007-192-038-000

Home Details

Home Type

Single Family

Year Built

Built in 1950 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Subtype Description: Attached
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: Yes
  • Year Built: 1950
  • Stories: 1
  • Remodeled/Updated Desc: Kitchen 0-5YR
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet
  • Bathroom Features: Tub
  • Bathrooms: 1.00
  • Dining Room Features: Space in Kitchen
  • Room Type: Baths Other
  • Price Per Square Foot: 155.48
  • Square Footage: 1132

Exterior Features

  • Construction Materials: Wood
  • Foundation: SeeRemarks
  • Listing Price: 189900.00
  • Lot Features: Street Lights
  • Pool: No
  • Property Condition: Updated/Remodeled
  • Roof: Composition
  • View Description: Local

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Sewer: Septic System
  • Utilities: All Electric
  • Cooling: See Remarks
  • Heating: Other
  • Laundry Features: Inside Area
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Merced Union High

Lot Info

  • Zoning Description: R-1
  • Irrigation: See Remarks
  • Lot Size Acres: 0.6100
  • Lot Size Sq Ft: 26572

Rental Info

  • Current Rent: 1200

Tax Info

  • Assessor Parcel Number: 007-192-038-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Merced

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2019
Closed on
Feb 18, 2020
Sold by
Royal Equity Group Llc
Bought by
Hernandez Javier and Medina Maribel Maldonado
Seller's Agent
Genaro Duran
NextHome D&G Realty Group
Buyer's Agent
Non-MLS Member
Non-MLS Office
List Price
$189,900
Sold Price
$176,000
Premium/Discount to List
-$13,900
-7.32%
Current Estimated Value
$362,380

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,380
Avg. Annual Appreciation
13.07%
Original Mortgage
$167,200
Outstanding Balance
$148,044
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$214,336

Purchase Details

Listed on
Nov 2, 2013
Closed on
Jan 31, 2014
Sold by
Peraza Neftali
Bought by
Royal Equity Group Llc
Seller's Agent
Ricardo Gil
Gil's Real Estate
Buyer's Agent
Janel Hill
Janel Hill Realty
List Price
$89,990
Sold Price
$60,000
Premium/Discount to List
-$29,990
-33.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.64%

Purchase Details

Closed on
May 19, 2011
Sold by
Secretary Of Housing & Urban Development
Bought by
Peraza Neftali

Purchase Details

Closed on
Jun 15, 2010
Sold by
Bank Of America Na
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Jun 4, 2010
Sold by
Chio Saechao Kouei Ann and Chio Kuang
Bought by
Bank Of America Na

Purchase Details

Closed on
Aug 3, 2006
Sold by
Saechao Kouei Awn and Saechao Chio Kuang
Bought by
Saechao Patrick Awn and Saechao Chio Kuan

Purchase Details

Closed on
Jun 15, 2005
Sold by
Saechao Kouelawn and Saechao Chio Kuang
Bought by
Saechao Kouelawn and Saechao Chio Kuang

Purchase Details

Closed on
Feb 25, 1998
Sold by
Dearmon Dorothy
Bought by
Saechao Kouei Awn and Saechao Chio Kuang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,922
Interest Rate
7.18%
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
Hernandez Javier $176,000 Transcounty Title Company
Royal Equity Group Llc $60,000 First American Title Company
Peraza Neftali $25,500 Chicago Title Company
The Secretary Of Housing & Urban Develop -- None Available
Bank Of America Na $64,161 First American Title Ins Co
Saechao Patrick Awn -- None Available
Saechao Kouelawn -- --
Saechao Kouei Awn $67,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Javier $167,200
Previous Owner Saechao Kouei Awn $66,922
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/19/2020 02/19/20 Sold $176,000 -7.3% $155 / Sq Ft
01/20/2020 01/20/20 Pending -- -- --
12/04/2019 12/04/19 For Sale $189,900 0.0% $168 / Sq Ft
11/19/2019 11/19/19 Pending -- -- --
10/11/2019 10/11/19 For Sale $189,900 +216.5% $168 / Sq Ft
02/20/2014 02/20/14 Sold $60,000 -33.3% $53 / Sq Ft View Prior Sale
01/29/2014 01/29/14 Pending -- -- --
11/02/2013 11/02/13 For Sale $89,990 -- $79 / 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 $1,983 $192,475 $87,488 $104,987
2024 $1,983 $188,702 $85,773 $102,929
2023 $1,955 $185,003 $84,092 $100,911
2022 $1,927 $181,377 $82,444 $98,933
2021 $1,921 $177,822 $80,828 $96,994
2020 $715 $67,248 $33,624 $33,624
2019 $701 $65,930 $32,965 $32,965
2018 $639 $64,638 $32,319 $32,319
2017 $661 $63,372 $31,686 $31,686
2016 $650 $62,130 $31,065 $31,065
2015 $639 $61,198 $30,599 $30,599
2014 $253 $26,648 $11,495 $15,153
Source: Public Records

Agents Affiliated with this Home

  • Genaro Duran

    Seller's Agent in 2020

    Genaro Duran

    NextHome D&G Realty Group

    (209) 617-4706

    13 in this area

    161 Total Sales

    Genaro Duran
    Section Image

  • N

    Buyer's Agent in 2020

    Non-MLS Member

    Non-MLS Office

  • Ricardo Gil

    Seller's Agent in 2014

    Ricardo Gil

    Gil's Real Estate

    (209) 910-4457

    53 Total Sales

    Ricardo Gil
    Section Image

  • J

    Buyer's Agent in 2014

    Janel Hill

    Janel Hill Realty

    (209) 968-7246

    1 Total Sale

    Janel Hill
    Section Image
See All Agents

Map

Source: MetroList

MLS Number: 19072035

MetroList

APN: 007-192-038

California Merced County Merced 95340 North Merced

2895 Oleander Ave, Merced, CA

Not Listed for Sale

Detached

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