NOT LISTED FOR SALE

2918 Balsam Way Merced, CA 95348

Franklin Neighborhood

Estimated Value: $332,000 - $342,147

3 Beds
2 Baths
1,188 Sq Ft
$285/Sq Ft Est. Value

Last Sold June 01, 2021

Last sale price $275,000 $231 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,115/month

Highlights

  • Contemporary Architecture
  • Neighborhood Views
  • Eat-In Kitchen
  • No HOA
  • 2 Car Attached Garage
  • Bathtub with Shower

About This Home

As of June 2021

Beautiful contemporary home located on a comer lot with great curb appeal. Featuring 3 bedrooms and 2 baths and 1,188 sq. ft. The backyard has a covered patio, storage shed and a side driveway that can be converted to RV/boat parking. The home is close to Franklin Elementary and freeway access. This is a beautiful home that won't last long.

Last Agent to Sell the Property

Jesus Mendoza

Soldavi Inc. License #02014055 Listed on: 03/29/2021

Last Buyer's Agent

Jesus Mendoza

Soldavi Inc. License #02014055 Listed on: 03/29/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,188

Year Built

  • Built in 1984

Lot Details

  • 7,070 Sq Ft Lot
  • Wood Fence
  • Back and Front Yard

Parking

  • 2 Car Attached Garage
  • Parking Available

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,188 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring
  • Neighborhood Views
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 62
  • Assessor Parcel Number 005282032000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,188

Year Built

Built in 1984

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: R-1
  • Architectural Style: Contemporary
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 005282032000
  • Year Built: 1984
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1188.00 Square Feet
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Area
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 231.48
  • Room Type: All Bedrooms Down
  • Bathroom Features: Shower In Tub

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Schools

  • School District: Merced Union

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 7070.00
  • Lot Size Acres: 0.1623

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7070.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 9.02
  • Tax Lot: 62

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2021
Closed on
May 27, 2021
Sold by
Tavizon Isabel
Bought by
Perez Jonathan
Seller's Agent
Jesus Mendoza
Soldavi Inc.
Buyer's Agent
Jesus Mendoza
Soldavi Inc.
List Price
$262,000
Sold Price
$275,000
Premium/Discount to List
$13,000
4.96%
Current Estimated Value
$334,907

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,907
Avg. Annual Appreciation
4.92%
Original Mortgage
$270,019
Outstanding Balance
$245,897
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$90,228

Purchase Details

Listed on
Jan 8, 2019
Closed on
Apr 25, 2019
Sold by
Maldonado Jose and Gonzalez Carolina
Bought by
Tavizon Isabel
Seller's Agent
Salvador Garcia
London Properties Ltd - Merced
Buyer's Agent
Sandra Doke
Soldavi Inc.
List Price
$249,000
Sold Price
$228,000
Premium/Discount to List
-$21,000
-8.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.67%
Original Mortgage
$230,303
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 6, 2004
Sold by
Maldonado Jose
Bought by
Maldonado Jose and Gonzalez Carolina

Purchase Details

Closed on
Nov 21, 2002
Sold by
Maldonado Jose and Gonzalez Carolina
Bought by
Maldonado Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 18, 2001
Sold by
Latta Russell R and Latta Michelle
Bought by
Maldonado Jose and Gonzalez Carolina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,069
Interest Rate
7.06%
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
Perez Jonathan $275,000 Fidelity National Title Co
Tavizon Isabel $228,000 First American Title Company
Maldonado Jose -- --
Maldonado Jose -- Chicago Title Company
Maldonado Jose $105,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perez Jonathan $270,019
Previous Owner Tavizon Isabel $230,303
Previous Owner Maldonado Jose $28,300
Previous Owner Maldonado Jose M $207,200
Previous Owner Maldonado Jose $116,000
Previous Owner Maldonado Jose $104,069
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2021 06/01/21 Sold $275,000 0.0% $231 / Sq Ft
03/29/2021 03/29/21 Pending -- -- --
03/29/2021 03/29/21 Price Changed $275,000 +5.0% $231 / Sq Ft
03/29/2021 03/29/21 For Sale $262,000 +14.9% $221 / Sq Ft
08/08/2019 08/08/19 Sold $228,000 0.0% $192 / Sq Ft
07/08/2019 07/08/19 Off Market $228,000 -- --
04/24/2019 04/24/19 Pending -- -- --
04/10/2019 04/10/19 Price Changed $229,900 -4.2% $194 / Sq Ft
02/28/2019 02/28/19 Price Changed $239,900 -3.7% $202 / Sq Ft
01/11/2019 01/11/19 For Sale $249,000 -- $210 / 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 $3,188 $297,667 $92,006 $205,661
2024 $3,188 $291,831 $90,202 $201,629
2023 $3,144 $286,110 $88,434 $197,676
2022 $3,103 $280,500 $86,700 $193,800
2021 $2,579 $234,969 $56,681 $178,288
2020 $2,597 $232,560 $56,100 $176,460
2019 $1,587 $141,819 $33,762 $108,057
2018 $1,734 $139,039 $33,100 $105,939
2017 $1,732 $136,313 $32,451 $103,862
2016 $1,665 $133,641 $31,815 $101,826
2015 $1,601 $131,635 $31,338 $100,297
2014 $1,322 $120,000 $30,000 $90,000
Source: Public Records

Agents Affiliated with this Home

  • Jesus Mendoza

    Seller's Agent in 2021

    Jesus Mendoza

    Soldavi Inc.

    (209) 676-3621

    3 in this area

    69 Total Sales

    Section Image
  • Salvador Garcia

    Seller's Agent in 2019

    Salvador Garcia

    London Properties LTD

    (209) 658-1427

    3 in this area

    86 Total Sales

    Section Image
  • Sandra Doke

    Buyer's Agent in 2019

    Sandra Doke

    Soldavi Inc.

    (209) 648-1123

    2 in this area

    23 Total Sales

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC21065342

California Regional Multiple Listing Service (CRMLS)

APN: 005-282-032

California Merced County Merced 95348 Franklin

2918 Balsam Way, Merced, CA

This home is located at 2918 Balsam Way, Merced, CA 95348 since 29 March 2021 and is currently estimated at $338,287, approximately $284 per square foot. This property was built in 1984. 2918 Balsam Way is a home located in Merced County with nearby schools including Franklin Elementary School, Rudolph Rivera Middle School, and Buhach Colony High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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