NOT LISTED FOR SALE

2932 Balsam Way Merced, CA 95348

Franklin Neighborhood

Estimated Value: $332,000 - $356,986

3 Beds
2 Baths
1,165 Sq Ft
$296/Sq Ft Est. Value

Last Sold June 05, 2023

Last sale price $340,000 $292 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,218/month

5 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Carpet
  • Bathtub with Shower

About This Home

As of June 2023

Welcome to Balsam Way! This charming 3-bedroom, 2-bathroom home is the perfect choice for buyers of all types or as an ideal rental property. Step onto the front porch and take in the peaceful surroundings. Inside, you'll find a cozy living room with a ceiling fan and built-in shelves for extra storage. The dining area is conveniently located next to the laundry area, making everyday tasks a breeze. The well-appointed kitchen boasts ample storage space, complemented by a stylish tile backsplash. The hallway bathroom features a shower over tub, while each bedroom is equipped with a ceiling fan for your comfort. The master bathroom offers a luxurious shower stall, adding to the home's appeal. Outside, enjoy a relaxing evening on the patio over the concrete slab, nestled by the Lattice arch. The great-sized yard is complete with a shed for extra storage and concrete on the side, providing plenty of space for outdoor activities.

Last Agent to Sell the Property

Alifonso Mendoza

Keller Williams Merced License #01760709 Listed on: 04/28/2023

Keller Williams Merced

Last Buyer's Agent

Non-MLS Member

Non-MLS Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,774

Year Built

  • Built in 1983

Lot Details

  • 6,534 Sq Ft Lot
  • Zoning described as R1

Parking

  • 2 Car Garage

Home Design

  • Concrete Foundation
  • Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,165 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Carbon Monoxide Detectors
  • Synthetic Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in Garage
  • 220 Volts In Laundry

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 005-282-033

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,774

Year Built

Built in 1983

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Subtype Description: Detached
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: No
  • Stories: 1
  • Year Built: 1983
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet
  • Total Bathrooms: 2
  • Bathroom Features: Tub w/Shower Over
  • Dining Room Features: Space in Kitchen
  • Kitchen Features: Synthetic Counter
  • Living Room Features: Other
  • Main Level: Bedroom(s),Living Room,Kitchen
  • Price Per Square Foot: 291.85
  • Square Footage: 1165.00

Exterior Features

  • Construction Materials: Frame
  • Foundation: Concrete
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 340000.00
  • Lot Features: Shape Regular
  • Pool: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking Features: Attached

Utilities

  • Security: Carbon Mon Detector
  • Sewer: Public Sewer
  • Utilities: Public
  • Cooling: Central
  • Electric: 220 Volts in Laundry
  • Heating: Central
  • Laundry Features: In Garage
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Schools

  • Senior High School District: Merced Union High

Lot Info

  • Zoning Description: R1
  • Irrigation: None
  • Lot Size Acres: 0.1500
  • Lot Size Sq Ft: 6534.00

Tax Info

  • Assessor Parcel Number: 005-282-033
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Merced

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2023
Closed on
May 29, 2023
Sold by
Kipsey Darrell S
Bought by
Bernal Diego
Seller's Agent
Alifonso Mendoza
Keller Williams Merced
Buyer's Agent
Non-MLS Member
Non-MLS Office
List Price
$349,900
Sold Price
$340,000
Premium/Discount to List
-$9,900
-2.83%
Views
68
Current Estimated Value
$344,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,497
Avg. Annual Appreciation
1.03%
Original Mortgage
$333,841
Outstanding Balance
$325,620
Interest Rate
6.39%
Mortgage Type
FHA
Estimated Equity
$22,034

Purchase Details

Listed on
Jun 6, 2014
Closed on
Jul 16, 2014
Sold by
Smart Yvonne L
Bought by
Kipsey Linda N and Kipsey Darrell S
Seller's Agent
Scott A Oliver
Concierge Real Estate Services
Buyer's Agent
Stephanie Jackson
Christopher Cuttone
List Price
$149,900
Sold Price
$142,000
Premium/Discount to List
-$7,900
-5.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.37%
Original Mortgage
$134,518
Interest Rate
4.13%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 5, 2005
Sold by
Smart Gordon L and Smart Yvonna L
Bought by
Smart Gordon L and Smart Yvonna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
6.14%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Nov 4, 2004
Sold by
Smart Gordon L and Smart Yvonna L
Bought by
Smart Gordon L and Smart Yvonna L

Purchase Details

Closed on
Jul 1, 1999
Sold by
Silva Alda M and Silva Alda M
Bought by
Smart Gordon L and Smart Yvonna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,342
Interest Rate
7.63%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Bernal Diego $340,000 First American Title
Kipsey Linda N $142,000 First American Title Company
Smart Gordon L -- Transcounty Title Company
Smart Gordon L -- Transcounty Title Company
Smart Gordon L -- --
Smart Gordon L $91,000 Transcounty Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bernal Diego $333,841
Previous Owner Kipsey Linda N $157,343
Previous Owner Kipsey Linda N $140,104
Previous Owner Kipsey Linda N $137,300
Previous Owner Kipsey Linda N $134,518
Previous Owner Smart Yvonna L $101,403
Previous Owner Smart Gordon L $35,000
Previous Owner Smart Gordon L $120,000
Previous Owner Smart Gordon L $102,000
Previous Owner Smart Gordon L $85,342
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2023 06/05/23 Sold $340,000 -2.8% $292 / Sq Ft
05/03/2023 05/03/23 Pending -- -- --
04/28/2023 04/28/23 For Sale $349,900 +146.4% $300 / Sq Ft
07/31/2014 07/31/14 Sold $142,000 -5.3% $122 / Sq Ft
06/27/2014 06/27/14 Pending -- -- --
06/06/2014 06/06/14 For Sale $149,900 -- $129 / 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 $3,774 $353,736 $98,838 $254,898
2024 $3,774 $346,800 $96,900 $249,900
2023 $1,758 $164,030 $34,652 $129,378
2022 $1,733 $160,815 $33,973 $126,842
2021 $1,728 $157,662 $33,307 $124,355
2020 $1,739 $156,046 $32,966 $123,080
2019 $1,713 $152,987 $32,320 $120,667
2018 $1,566 $149,988 $31,687 $118,301
2017 $1,621 $147,048 $31,066 $115,982
2016 $1,595 $144,165 $30,457 $113,708
2015 $1,570 $142,000 $30,000 $112,000
2014 $1,253 $113,835 $31,341 $82,494
Source: Public Records

Agents Affiliated with this Home

  • Alifonso Mendoza

    Seller's Agent in 2023

    Alifonso Mendoza

    Keller Williams Merced

    (209) 676-1819

    13 in this area

    335 Total Sales

    Section Image

  • N

    Buyer's Agent in 2023

    Non-MLS Member

    Non-MLS Office

  • Scott A Oliver

    Seller's Agent in 2014

    Scott A Oliver

    Concierge Real Estate Services

    (209) 354-4255

    4 in this area

    86 Total Sales

    Section Image
  • Stephanie Jackson

    Buyer's Agent in 2014

    Stephanie Jackson

    Christopher Cuttone

    (209) 261-4062

    14 Total Sales

    Section Image
See All Agents

Map

Source: MetroList

MLS Number: 223036667

MetroList

APN: 005-282-033

California Merced County Merced 95348 Franklin

2932 Balsam Way, Merced, CA

This home is located at 2932 Balsam Way, Merced, CA 95348 since 28 April 2023 and is currently estimated at $344,497, approximately $295 per square foot. This property was built in 1983. 2932 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.

MetroList IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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